MIT FOUNDATION (UK) LIMITED

Registered charity 1158803 · accounts filings on the Charity Commission register

The advancement of learning and education in particular at Massachusetts Institute of Technology; and such other exclusively charitable purposes as the Trustees may in their absolute discretion determine.

Causes: General Charitable Purposes · Education/training · Grant history (this charity is a funder) · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £4,656 for the year ended 30 June 2025, resulting in total unrestricted reserves falling to £9,364 from £14,020 the previous year. The trustees confirm that the financial statements are prepared on a going concern basis, citing continued financial support from the parent company, MIT International Inc. The charity's reserves policy is to retain modest reserves to meet day-to-day administrative costs while committing resources to expenditure grants.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by SKS Audit LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/06/2025)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

• Ashley Lester
• Katherine Ridgway Hammer
• RAMZI RISHANI

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales · United States

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HA MEEM FOUNDATION.

• HA MEEM FOUNDATION income £496k
• HARVARD GLOBAL FOUNDATION LIMITED income £4.0m
• M AND M FOUNDATION income £217k
• THE MITIE FOUNDATION income £417k
• A MILLION REALITIES FOUNDATION income £1.0m
• The Lakshmi N Mittal Family Foundation income £11.6m

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.