MLINDA FOUNDATION
Mlinda Foundation's focus is to facilitate development of rural electrification projects using renewable energy in India. Communities in project areas had no access to reliable electricity and opportunities to earn income were limited. Initial results from project areas show household income has increased by over 60% through the use of electric-powered equipment in households and for agriculture.
Objects
THE OBJECTS OF THE CIO ARE TO PROMOTE FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT IN PARTICULAR BUT NOT EXCLUSIVELY BY:I. EDUCATING THE PUBLIC ABOUT CLIMATE CHANGE AND THE DEPLETION OF NATURAL RESOURCES;II. ENCOURAGING COMPANIES AND INSTITUTIONS TO UNDERTAKE SYSTEMIC CHANGE IN THEIR PRODUCTION PROCESSES; ANDIII. TRANSFORMING INDIVIDUAL BEHAVIOUR AND MODES OF CONSUMPTION.
Financial health, per its FY2025 accounts
The accounts state that the Foundation reported net liabilities of €853,285 and free reserves of €nil for the year ended 31 March 2025. Per the trustees' report, the charity relies on loans and grants from connected parties to fund operations, with no certainty that this support will continue. The trustees maintain a going concern basis based on confirmed support from these connected entities.
What the accounts disclose
“During the year, €7,200 (2024: €6,961) was paid to Sally Chandler, a trustee of the Foundation, for legal and professional services rendered.” — page 20
“At the balance sheet date €2,010,000 (2024: €1,875,000) was owed to Ironie 19 Limited, a private limited company registered in the UK, with a director who is a trustee of the Foundation. The loan is interest bearing at a fixed rate of 3%, with interest of €58,228 (2024: €56,250) charged during the year.” — page 23
“During the year, the Foundation paid fees for consultancy services totalling €185,000 (2024: €nil) to Mlinda Sustainable Environment Private Ltd, a subsidiary of the entity.” — page 23
“At the balance sheet date €2,010,000 (2024: €1,875,000) was owed to Ironie 19 Limited, a private limited company registered in the UK, with a director who is a trustee of the Foundation. The loan is interest bearing at a fixed rate of 3%, with interest of €58,228 (2024: €56,250) charged during the year.” — page 23
“During the year, the Foundation paid fees for consultancy services totalling €185,000 (2024: €nil) to Mlinda Sustainable Environment Private Ltd, a subsidiary of the entity.” — page 23
“At the balance sheet date €2,010,000 (2024: €1,875,000) was owed to Ironie 19 Limited, a private limited company registered in the UK, with a director who is a trustee of the Foundation. The loan is interest bearing at a fixed rate of 3%, with interest of €58,228 (2024: €56,250) charged during the year.” — page 23
“During the year, the Foundation paid fees for consultancy services totalling €185,000 (2024: €nil) to Mlinda Sustainable Environment Private Ltd, a subsidiary of the entity.” — page 23
“At the balance sheet date €2,010,000 (2024: €1,875,000) was owed to Ironie 19 Limited, a private limited company registered in the UK, with a director who is a trustee of the Foundation. The loan is interest bearing at a fixed rate of 3%, with interest of €58,228 (2024: €56,250) charged during the year.” — page 23
“During the year, the Foundation paid fees for consultancy services totalling €185,000 (2024: €nil) to Mlinda Sustainable Environment Private Ltd, a subsidiary of the entity.” — page 23
“The Foundation has a wholly owned subsidiary, Mlinda Sustainable Environment Private Limited (“MPL”). MPL is a Limited company, registered in India, and is responsible for the technical delivery of the Electrification Programme.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sally Elizabeth Anne Chandlerchair
- Liesl Maria Patricia Eisenbeiss
- Sachitt Chandaria
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £818k | £1.1m |
| 31/03/2024 | £631k | £1.2m |
| 31/03/2023 | £977k | £1.5m |
| 31/03/2022 | £415k | £1.2m |
| 31/03/2021 | £629k | £1.6m |
Common questions
Is MLINDA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation reported net liabilities of €853,285 and free reserves of €nil for the year ended 31 March 2025. Per the trustees' report, the charity relies on loans and grants from connected parties to fund operations, with no certainty that this support will continue. The trustees maintain a going concern basis based on confirmed support from these connected entities. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | — |
| Brian Mercer Trust | 1 | £350k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £15k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £12k |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
| MUKUL MADHAV FOUNDATION UK | 1 | £3k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £2k |
Charities like this
- THE MILLFIELD HOUSE FOUNDATION (1)
- The Lakshmi N Mittal Family Foundation
- THE HINDUJA FOUNDATION
- PROJECT MALA CHARITABLE TRUST
- POWER FOR THE PEOPLE
- MY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MLINDA FOUNDATION | £818k | — | 0 | unclear | — | no doubt |
| THE MILLFIELD HOUSE FOUNDATION (1) | £134k | — | 0 | unclear | — | no doubt |
| The Lakshmi N Mittal Family Foundation | £4.2m | — | 0 | unclear | — | no doubt |
| THE HINDUJA FOUNDATION | £620k | — | 0 | unclear | — | noted |
| PROJECT MALA CHARITABLE TRUST | £218k | — | 0 | unclear | — | no doubt |
| POWER FOR THE PEOPLE | £233k | £32,834 | 0 | unclear | — | no doubt |