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.
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
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 |
|---|---|---|
| The Ethos Foundation | 1 | £5k |
| MUSLIM WELFARE BOARD | 1 | £2k |
Charities like this
- THE EQUILIBRIUM FOUNDATION
- THE EQUILIBRIUM CHARITABLE TRUST
- EURO QUALITY FOUNDATION
- THE EQUITIX FOUNDATION
- THE GEOFF & FIONA SQUIRE FOUNDATION
- The Trevor Hemmings Foundation
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 |
| THE EQUILIBRIUM FOUNDATION | £151k | — | 0 | unclear | — | no doubt |
| THE EQUILIBRIUM CHARITABLE TRUST | £192k | — | 0 | above | — | no doubt |
| EURO QUALITY FOUNDATION | £453k | — | 0 | above | — | no doubt |
| THE EQUITIX FOUNDATION | £207k | — | 0 | unclear | — | noted |
| THE GEOFF & FIONA SQUIRE FOUNDATION | £173k | — | 0 | above | — | no doubt |