THE EQ FOUNDATION
The EQ Foundation usually makes grants to ambitious smaller charities that can demonstrate their effectiveness. It also develop services for the philanthropic community, including GivingisGreat.org - a database of every UK registered charity and Give-More.org - a donations platform featuring professionally vetted charities.
Objects
THE OBJECT OF THE FOUNDATION IS FOR THE PUBLIC BENEFIT TO SUPPORT AND PROMOTE SUCH PURPOSES AS ARE CHARITABLE UNDER THE LAW OF ENGLISH AND WALES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £4,545,138, which the Trustees note is slightly in excess of their stated policy target of three to nine months of expenditure. The charity reported a net surplus of £204,358 for the year, funded primarily by donations and investment income, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“The Charity currently seeks to hold around reserves at around three to nine months of expenditure and the year end position is slightly in excess of that.” — page 5
“Donations of £660,144 (2024: £723,810) were received from J D Spiers, a Trustee.” — page 25
“A wages recharge of £53,182 (2024: £47,499) has been made from EQ Investors Limited, a company in which John Spiers, Mark Kenner and Mike Neumann were directors during the year.” — page 25
“Donations of £660,144 (2024: £723,810) were received from J D Spiers, a Trustee.” — page 25
“A wages recharge of £53,182 (2024: £47,499) has been made from EQ Investors Limited, a company in which John Spiers, Mark Kenner and Mike Neumann were directors during the year.” — page 25
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls 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 30/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/04/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- Ian Barlowchair
- Ben Faulkner
- JOHN SPIERS
- Laura Hassan-Blake
- Mike Neumann
- Rebecca Sarson
- Zoe Brett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £1.0m | £817k |
| 30/04/2024 | £964k | £822k |
| 30/04/2023 | £966k | £904k |
| 30/04/2022 | £1.1m | £791k |
| 30/04/2021 | £3.7m | £720k |
Common questions
Is THE EQ FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £4,545,138, which the Trustees note is slightly in excess of their stated policy target of three to nine months of expenditure. The charity reported a net surplus of £204,358 for the year, funded primarily by donations and investment income, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2025 accounts were audited by MHA.
Who funds THE EQ FOUNDATION?
Funders whose own accounts filings name THE EQ FOUNDATION as a grant recipient include HUBBUB FOUNDATION UK.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HUBBUB FOUNDATION UK | FY2021 | £24k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BREAKTHROUGH FOUNDATION | 1 | £2.0m |
| THE SIMMONS AND SIMMONS CHARITABLE FOUNDATION | 1 | £15k |
| The Ethos Foundation | 1 | £5k |
Charities like this
- EPIC FOUNDATION UK LIMITED
- THE ETHICAL PROPERTY FOUNDATION
- EG FOUNDATION
- THE EQUILIBRIUM FOUNDATION
- THE EQUITIX FOUNDATION
- GOFUNDME.ORG.UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE EQ FOUNDATION | £1.0m | — | 0 | above | — | no doubt |
| EPIC FOUNDATION UK LIMITED | £2.3m | — | 0 | unclear | — | no doubt |
| THE ETHICAL PROPERTY FOUNDATION | £251k | £60,000 - £70,000 | 1 | unclear | — | no doubt |
| EG FOUNDATION | £371k | — | — | unclear | — | no doubt |
| THE EQUILIBRIUM FOUNDATION | £151k | — | 0 | unclear | — | no doubt |
| THE EQUITIX FOUNDATION | £207k | — | 0 | unclear | — | noted |