BIG WIN PHILANTHROPY
Financial health, per its FY2023 accounts
The accounts state that the Charity holds unrestricted reserves of $139,015,632 against a stated policy target of covering six months of operating costs. The Trustees confirm that the Charity does not face any material threat to its status as a going concern, supported by a significant expendable endowment of $308,816,953 and incoming grant payments from CIFF UK.
What the accounts disclose
“Management services covering activities of the COO valued at $99,503 (2022: $83,297) were provided by Big Win Philanthropy, Inc., a Delaware not-for-profit corporation. This is accounted for as Income in Kind.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- JAMIE ANNE COOPERchair
- DZINGAI MUTUMBUKA
- Dr Aloysius Uche Ordu
- Dr Mark Dybul
- Dr Michelle Harrison
- Hadizatou Rosine Coulibaly Sori
- Lawrence Malick Damian Dechambenoit
- NIKOS MAKRIS
- PROTIK BASU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £6.7m | £8.2m |
| 31/12/2023 | £7.2m | £5.8m |
| 31/12/2022 | £636k | £14.1m |
| 31/12/2021 | £293.5m | £2.2m |
| 31/12/2020 | £120k | £1.9m |
Common questions
Is BIG WIN PHILANTHROPY financially healthy?
The accounts state that the Charity holds unrestricted reserves of $139,015,632 against a stated policy target of covering six months of operating costs. The Trustees confirm that the Charity does not face any material threat to its status as a going concern, supported by a significant expendable endowment of $308,816,953 and incoming grant payments from CIFF UK. Its FY2023 accounts were audited by UHY Hacker Young LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CH FOUNDATION (UK) | 1 | £3.0m |
| THE MASTER CHARITABLE TRUST | 1 | £2.5m |
| AKO FOUNDATION | 1 | £960k |
| AEONIAN FOUNDATION | 1 | £205k |
| LUCILLE FOUNDATION | 1 | £150k |
| THE GREENSLADE FAMILY FOUNDATION | 1 | £75k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £49k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £47k |