BREAKTHROUGH FOUNDATION

Registered charity 1162536 · accounts filings on the Charity Commission register · Wikidata: Q141191030 · also known as MILNER FOUNDATION

The provision of grants to the US charities, Breakthrough Prize Foundation and Breakthrough Prize in Life Science Foundation, having primarily scientific and educational objects, in the USA, UK and Israel.

Objects

1. FOR THE PUBLIC BENEFIT, TO ADVANCE KNOWLEDGE AND LEARNING IN RESEARCH OF USEFUL SUBJECTS OF STUDY BY:• GRANTING AWARDS FOR UNDERTAKING RESEARCH AND DISSEMINATING THE USEFUL RESULTS TO THE PUBLIC; AND• RECOGNISING OUTSTANDING ACHIEVEMENTS IN RESEARCH TO ACT AS AN INCENTIVE TO OTHERS.2. TO PROMOTE SUCH OTHER PURPOSES AS ARE CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES.

Area of benefit: UNITED STATES OF AMERICA ISRAEL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Other Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Westminster, London, England (from the postcode on the register)

Financial health, per its FY2025 accounts

The accounts state that the charity is a grant-making entity with no employees, dependent entirely on a major donor for funding. The trustees consider there is no requirement to hold reserves due to these funding arrangements, resulting in unrestricted funds of $2,959,876 at year-end. The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Gravita Audit Oxford LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• 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
• Trustee conflicts of interest policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

• Registered company of the charity Companies House 09335387 · Financial health read from its filings

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

• BONNEY, Richard James — director, appointed 24/08/2022on trustee list
• CHAN, Chun Fung Jonathan — director, appointed 24/08/2022on trustee list
• HUTCHINSON, James Alexander — director, appointed 24/08/2022on trustee list
• PAVLOVA, Svetlana — director, appointed 01/12/2014on trustee list
• FORSDICK, Denise — secretary, appointed 02/11/2015

Official officers record.

Structured financials (annual return, FY ending 31/12/2025)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.7%) (benchmarks).

Trustees · trustee networks

• Svetlana Pavlovachair
• Chun Fung Jonathan Chan
• Esq. James Alexander Hutchinson
• Richard James Bonney

Trustee list from the Charity Commission register (current, not historical).

Operates in: City Of London · Israel · United States

Income and spending

Common questions

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE BROOK TRUST.

• THE BROOK TRUST income £739k
• THE BROOMTON FOUNDATION income £3.0m
• Becht Foundation income £9.9m
• THE BHIM RUIA FOUNDATION income £836k
• THE LEVERHULME TRUST income £124.5m
• THE BLUEBERRY FOUNDATION income £160k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.