THE POWER OF NUTRITION
Financial health, per its FY2023 accounts
The accounts state that the charity has unrestricted reserves of $3.7 million (approx. £2.9 million) against a policy target of $3.4 million, though it acknowledges reaching this target is challenging. The financial statements were prepared on a basis other than going concern due to the Board's decision to wind down the organisation by 2027 if new funding is not secured.
What the accounts disclose
“The Trustees have agreed that it would be desirable for the charity to target unrestricted reserves which are sufficient to cover 12 months average operating expenditure; this equates to USD 3.4 million.” — page 13
“One trustee of the charitable foundation is a partner of the legal firm BDB Pitmans. The Power of Nutrition paid $66,500 (2022 $59,804) in legal fees to BDB Pitmans in the year. All transactions were at an arm's length basis.” — page 40
Leadership, per the charity’s website
- Chris Skeet — CEO
- Mark Cutifani CBE — Chair
- David Bull CBE — Deputy Chair
Funders the charity credits
- Conrad N. Hilton Foundation
- Rotary International
- The END Fund
- Eleanor Crook Foundation
- Norad
- UBS Optimus Foundation
- The Children’s Investment Fund Foundation
- UK Government
- Norway
- Sweden
- Ireland
- Australia
- Bill & Melinda Gates Foundation
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (26/07/2021)
Trustees
- David Neill Bull CBE
- Dr Anulika Ajufo
- Jonathan Brinsden
- Kul Chandra Gautam
- Mark Cutifani
- Pranav Lalit Trivedi
- Susana Radegunda EDJANG MANGUE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £6.7m | £7.1m |
| 31/12/2023 | £10.8m | £5.1m |
| 31/12/2022 | £3.1m | £4.7m |
| 31/12/2021 | £9.1m | £25.2m |
| 31/12/2020 | £11.3m | £25.3m |
Common questions
Is THE POWER OF NUTRITION financially healthy?
The accounts state that the charity has unrestricted reserves of $3.7 million (approx. £2.9 million) against a policy target of $3.4 million, though it acknowledges reaching this target is challenging. The financial statements were prepared on a basis other than going concern due to the Board's decision to wind down the organisation by 2027 if new funding is not secured. Its FY2023 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EAST END CHURCH | 1 | — |
| GOLDMAN SACHS GIVES (UK) | 1 | £1.3m |
| THE BARROW CADBURY TRUST | 1 | £295k |
| MISSION44 | 1 | £270k |
| BERNARD LEWIS FAMILY CHARITABLE TRUST | 1 | £250k |
| THE BRADLEY AND KATHERINE WICKENS FOUNDATION | 1 | £161k |
| JOHN ELLERMAN FOUNDATION | 1 | £135k |
| TRUST FOR LONDON | 1 | £105k |