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.

Objects

THE OBJECTS OF THE CHARITY ARE: (A) THE ADVANCEMENT OF LEARNING AND EDUCATION IN PARTICULAR AT MASSACHUSETTS INSTITUTE OF TECHNOLOGY; AND (B) SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Hackney, London, England (from the postcode on the register)

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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

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 4.7 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 (5.3%) (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 THE SMITH FOUNDATION.

• THE SMITH FOUNDATION income £13.4m
• SCIENCE PROJECTS income £1.2m
• FULL FACT income £3.1m
• MILLWARD CHARITABLE TRUST income £47k
• THE INSTITUTE FOR PHILANTHROPY income £244k
• THE MILLBY FOUNDATION income £1.0m

Side by side with its peers

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