Foundation For Future London
Foundation for FutureLondon is an independent charity established by the Mayor of London and the London Legacy Development Corporation (LLDC). Its remit and commitment is to ensure that local communities and the broader public benefit in full from the social and economic value and continue to shape the East Bank's art and culture quarter in the heart of Queen Elizabeth Olympic Park.
Objects
4 OBJECTSTHE CHARITY'S OBJECTS ARE RESTRICTED SPECIFICALLY TO THE FOLLOWING:4.1 THE PROMOTION FOR THE BENEFIT OF THE PUBLIC OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND/OR ECONOMIC DEPRIVATION (AND IN PARTICULAR IN THE QUEEN ELIZABETH OLYMPIC PARK AND SURROUNDING AREA) BY ALL OR ANY OF THE FOLLOWING MEANS:4.1.1 THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE, AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE;4.1.2 THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED OF SUCH FACILITIES; AND4.1.3 THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT.4.2 TO ADVANCE FOR THE PUBLIC BENEFIT THE ARTS, CULTURE, HERITAGE OR SCIENCE. 4.3 TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY:4.3.1 THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES; AND4.3.2 THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION.4.4 TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT, PARTICULARLY BUT NOT EXCLUSIVELY IN THE AREA SURROUNDING THE QUEEN ELIZABETH OLYMPIC PARK, BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY.SOCIALLY EXCLUDED MEANS ?BEING EXCLUDED FROM SOCIETY, OR PART OF SOCIETY, AS A RESULT OF BEING A MEMBER OF A SOCIALLY OR ECONOMICALLY DEPRIVED COMMUNITY?.4.5 TO DEVELOP THE CAPACITY AND SKILLS OF THE MEMBERS OF THE SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITY OF THE AREA SURROUNDING THE QUEEN ELIZABETH OLYMPIC PARK IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY FOR THE BENEFIT OF THE PUBLIC.4.6 TO PROMOTE ACCESS TO AND ENJOYMENT OF THE OPEN SPACE AT THE QUEEN ELIZABETH OLYMPIC PARK AND ITS USE FOR LEISURE SPORT RECREATIONAL AND EDUCATIONAL PURPOSES FOR THE BENEFIT OF LOCAL COMMUNITIES AND THE WIDER PUBLIC.4.7 ANY OTHER EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES AS THE DIRECTORS MAY IN THEIR DISCRETION THINK FIT.IN THIS ARTICLE 4 SURROUNDING AREAS MEANS ?THE LONDON BOROUGHS OF HACKNEY NEWHAM TOWER HAMLETS AND WALTHAM FOREST AND THE SURROUNDING AREA? AND SUSTAINABLE DEVELOPMENT MEANS ?DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS?.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,219,087, which the trustees consider considerably more than their target of 12 months of expenditure. Although the charity reported a net incoming resource of £168,621, the trustees note that expenditure currently exceeds income as a deliberate strategy to invest in fundraising growth, with reserves expected to decrease over the next two years.
What the accounts disclose
“£80,001 - £90,000 1 1” — page 39
“Donations and legacies 3 - 1,234,737 1,234,737 2,293,462” — page 23
“The current policy is for the charity to hold a target range of reserves of not less than 12 months of expenditure over the short term.” — page 15
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media 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)
Self-declared on the annual return for the financial year ending 31/03/2025
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 1; £80,001–£90,000: 1)
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Employees paid over £60,000: 4 (£60,001–£70,000: 1; £70,001–£80,000: 1; £80,001–£90,000: 1; £110,001–£120,000: 1)
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £125,000 — grants £125,000 (1); 4% of the £2,844,408 total gross income on the same return
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £110,001–£120,000: 1)
- Has a trading subsidiary
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/03/2022 (received 30/03/2023, 58 days after the 31/01/2023 due date); year ending 31/03/2021 (received 01/02/2022, 1 day after the 31/01/2022 due date).
Corporate structure
- Registered company of the charity Companies House 09483822
- Trading subsidiary: FUTURELONDON ENTERPRISES LIMITED Companies House 09807606 · Financial health read from its filings
- The company is a wholly owned subsidiary of Foundation for FutureLondon. Related party transactions and balances with the parent charity are not disclosed in these individual accounts because the results are included in the parent's consolidated financial statements.
Leadership, per the charity’s website
- Sarah Nelson — CEO
- Sir David Bell — Co-Chair
Funders the charity credits
- City of London
- Headland
- Westfield Stratford City
- Mayor of London
- NHS Race & Health Observatory
- The Cherry Family Foundation
- BBC
- University of East London
Company officers (Companies House)
- WEST, Christopher Stephen on trustee list
- BURR, Stephen David on trustee list
- SOLMI, Ciara Maria on trustee list
- MULLINS, Anne Marie on trustee list
- NEGI, Vaibhav on trustee list
- HUSSAIN, Abul on trustee list
- GEE, Lauren Tamazin on trustee list
- KHANOM, Umme on trustee list
- BEAGLES, Sophie on trustee list
- THOMSON, Charlotte on trustee list
- ADEDIPE, Andrew on trustee list
- JEFFREYS, Louise Felicity on trustee list
- LYONS, Joseph Francis on trustee list
- BELL, David Charles Maurice, Sir on trustee list
- YOUNG, Lola, Baroness on trustee list
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (03/05/2016)
Trustees
- Sir David Charles Maurice Bellchair
- Abul Khoyer Mohammed Iftekar Hussain
- Andrew Adedipe
- Anne Marie Mullins
- Baronness Lola Young
- Charlotte Thomson
- Christopher Stephen West
- Ciara Solmi
- JOSEPH FRANCIS LYONS
- LOUISE JEFFREYS
- Lauren Tamazin Gee
- Sophie Beagles
- Stephen David Burr
- Umme Halima Khanom
- Vaibhav Negi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.3m |
| 31/03/2024 | £2.6m | £2.6m |
| 31/03/2023 | £2.8m | £3.3m |
| 31/03/2022 | £2.7m | £2.8m |
| 31/03/2021 | £812k | £1.5m |
Common questions
Is Foundation For Future London financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,219,087, which the trustees consider considerably more than their target of 12 months of expenditure. Although the charity reported a net incoming resource of £168,621, the trustees note that expenditure currently exceeds income as a deliberate strategy to invest in fundraising growth, with reserves expected to decrease over the next two years. Its FY2025 accounts were audited by Lucraft Hodgson & Dawes LLP.
What does the highest-paid employee of Foundation For Future London earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIDGE HOUSE ESTATES | 2 | £4.8m |
| TRUST FOR LONDON | 2 | £871k |
| JACK PETCHEY FOUNDATION | 2 | £792k |
| THE MASTER CHARITABLE TRUST | 2 | £517k |
| The Portal Trust | 2 | £132k |
| THE HOBSON CHARITY LIMITED | 2 | £13k |
| THE BERKELEY CHARITABLE FOUNDATION | 1 | £743k |
| THE BURBERRY FOUNDATION | 1 | £720k |
Charities like this
- THE MAYOR'S FUND FOR LONDON
- CENTRE FOR LONDON
- RESOURCE FOR LONDON
- THE LONDON COMMUNITY FOUNDATION
- THE FEDERATION OF LONDON YOUTH CLUBS
- CREATE LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Foundation For Future London | £1.5m | £80,001 - £90,000 | — | above | — | no doubt |
| THE MAYOR'S FUND FOR LONDON | £2.3m | — | — | above | — | no doubt |
| CENTRE FOR LONDON | £645k | £90,000 - £100,000 | 1 | below | 3.7% | no doubt |
| RESOURCE FOR LONDON | £419k | — | — | above | — | not going concern |
| THE LONDON COMMUNITY FOUNDATION | £9.3m | — | — | within | — | no doubt |
| THE FEDERATION OF LONDON YOUTH CLUBS | £7.8m | — | — | below | — | no doubt |