Founders Pledge Ltd
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £245,809,417, resulting in a net movement in funds of £90,565,499. The charity holds unrestricted funds of £17,245,979, which the trustees report represents 19 months of expected operations, well above their minimum reserves policy of 12 months.
What the accounts disclose
“Founders Pledge Ltd also wholly owned Founders Pledge Trading Ltd, a dormant company, which was dissolved in April 2024.”
Leadership, per the charity’s website
- Charlotte Monico — CEO
- David Goldberg — Founder & President
- Vikrant Bhargava — Chair of the Board of Trustees
- Danielle Bayer — Chair of US Board of Directors
- Alex Sajben — Director, Advising
- Annette Chau — Strategy and Operations Director
- Diane Sheard — Chief Operating Officer
- Ellen MacKay — Chief Product Officer
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Vikrant Bhargavachair
- Andrew Patrick White
- Anna McKelvey
- Erin Marie Platts
- Isobel Morton
- Johan Andreas Haug
- Luke Hsi Lin Ding
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £245.8m | £156.2m |
| 31/12/2023 | £111.3m | £108.3m |
| 31/12/2022 | £53.7m | £45.9m |
| 31/12/2021 | £41.8m | £35.6m |
| 31/12/2020 | £19.8m | £9.8m |
Common questions
Is Founders Pledge Ltd financially healthy?
The accounts state that total income for the year was £245,809,417, resulting in a net movement in funds of £90,565,499. The charity holds unrestricted funds of £17,245,979, which the trustees report represents 19 months of expected operations, well above their minimum reserves policy of 12 months. Its FY2024 accounts were audited by Crowe U.K. LLP.
Who funds Founders Pledge Ltd?
Funders whose own accounts filings name Founders Pledge Ltd as a grant recipient include EFFECTIVE VENTURES FOUNDATION, PONOSI FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| EFFECTIVE VENTURES FOUNDATION | FY2022 | £963k |
| EFFECTIVE VENTURES FOUNDATION | FY2022 | £210k |
| PONOSI FOUNDATION | FY2023 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PEARS FAMILY CHARITABLE FOUNDATION | 2 | £410k |
| BRIDGE HOUSE ESTATES | 1 | £695k |
| THE INDIGO TRUST | 1 | £150k |
| JOFFE CHARITABLE TRUST CIO | 1 | £95k |
| SIR HALLEY STEWART TRUST | 1 | £60k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £56k |
| Howden Foundation | 1 | £56k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £30k |