THE OVO CHARITABLE FOUNDATION
The OVO Foundation is OVO's charity. Everything we do focuses on young people and the climate as we work towards our mission of creating a greener, brighter future for the next generation. Our main activity to meet our mission is supporting charity partners through our climate-focused funding programmes.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £504,762 in 2025, resulting in a decrease in unrestricted funds to £1,556,769. The trustees report that the charity maintains a strong net asset position and has no reason to believe future funding from OVO Energy Ltd will not be available, despite the pending sale of the parent company.
What the accounts disclose
“we maintain reserves equivalent to at least 20% of our annual charitable expenditure.”
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Gina Cicerone
- Innocent Mutindi
- Katherine Goldsmith
- Mahnoor Kamran
- Roseanne Baxter
- Thomas Luke Whittle
- Thomas Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.2m | £1.7m |
| 31/12/2024 | £1.0m | £780k |
| 31/12/2023 | £1.0m | £1.1m |
| 31/12/2022 | £1.1m | £939k |
| 31/12/2021 | £1000k | £799k |
Common questions
Is THE OVO CHARITABLE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £504,762 in 2025, resulting in a decrease in unrestricted funds to £1,556,769. The trustees report that the charity maintains a strong net asset position and has no reason to believe future funding from OVO Energy Ltd will not be available, despite the pending sale of the parent company. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUST FOR LONDON | 1 | £815k |
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| ST. MARTIN-IN-THE-FIELDS CHARITY | 1 | £486k |
| Rights and Security International | 1 | £225k |
| POWER TO CHANGE TRUST | 1 | £129k |
| BACK ON THE MAP LIMITED | 1 | £53k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £25k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
Charities like this
- OVO
- SAO FOUNDATION
- THE GENERATIONAL FOUNDATION
- THE OCTOPUS FOUNDATION
- THE OAK FOUNDATION
- Sonu & Eva Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE OVO CHARITABLE FOUNDATION | £1.2m | — | 0 | unclear | — | no doubt |
| OVO | £689k | — | 0 | below | 30000.0% | no doubt |
| SAO FOUNDATION | £812k | — | 0 | unclear | — | no doubt |
| THE GENERATIONAL FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| THE OCTOPUS FOUNDATION | £329k | — | 0 | unclear | — | no doubt |
| THE OAK FOUNDATION | £1.2m | over £60,000 | 1 | unclear | — | noted |