ISLE OF WIGHT FOUNDATION
The Foundation awards grants to projects supporting two key themes; access to employment and building better communities. Eligible applicants include not-for-profit organisations like charities, community interest companies, voluntary and community groups.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small surplus of £908 for the year ended 31 December 2024, bringing unrestricted reserves to £402. The charity is supported by donations from its founding member organisations and has minimal administrative costs with no stated reserves policy target. The trustees confirm that resources are adequate to continue as a going concern.
What the accounts disclose
“The Trustees therefore have no immediate need to build up any reserves and can budget to maximise the use of funds for the Isle of Wight community.”
Corporate structure
- Registered company of the charity Companies House 08804485
Funders the charity credits
- IW Foundation
Company officers (Companies House)
- FELLOWS, Edward Harley on trustee list
- MARTINEZ, Victoria Jane on trustee list
- SUNDERLAND, John Mark on trustee list
- JUDET, Arnaud Frederic Emmanuel on trustee list
- ATLEY, Caron
Trustees
- Edward Harley Fellowschair
- Arnaud Frederic Emmanuel Judet
- John Mark Sunderland
- Victoria Martinez
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £104k | £103k |
| 31/12/2023 | £94k | £104k |
| 31/12/2022 | £91k | £96k |
| 31/12/2021 | £80k | £88k |
| 31/12/2020 | £80k | £72k |
Common questions
Is ISLE OF WIGHT FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a small surplus of £908 for the year ended 31 December 2024, bringing unrestricted reserves to £402. The charity is supported by donations from its founding member organisations and has minimal administrative costs with no stated reserves policy target. The trustees confirm that resources are adequate to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RANDAL CHARITABLE FOUNDATION | 2 | £75k |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £615k |
| DAVID LAING FOUNDATION | 1 | £141k |
| THE JOHN ARMITAGE CHARITABLE TRUST | 1 | £140k |
| THE RANWORTH TRUST 1985 | 1 | £90k |
| PRISM THE GIFT FUND | 1 | £70k |
| JOHN LAING CHARITABLE TRUST | 1 | £55k |
| THE EQUITIX FOUNDATION | 1 | £41k |
Charities like this
- HAMPSHIRE AND THE ISLE OF WIGHT COMMUNITY FOUNDATION
- THE WIGHT AID FOUNDATION
- COMMUNITY ACTION ISLE OF WIGHT
- THE COMMUNITY FOUNDATION FOR WILTSHIRE & SWINDON
- ISSA FOUNDATION
- NORTHAMPTONSHIRE COMMUNITY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ISLE OF WIGHT FOUNDATION | £104k | — | 0 | below | — | no doubt |
| HAMPSHIRE AND THE ISLE OF WIGHT COMMUNITY FOUNDATION | £656k | £60,001 - £70,000 | 1 | within | 12.8% | no doubt |
| THE WIGHT AID FOUNDATION | £112k | — | 0 | unclear | — | no doubt |
| COMMUNITY ACTION ISLE OF WIGHT | £2.0m | — | 0 | above | — | no doubt |
| THE COMMUNITY FOUNDATION FOR WILTSHIRE & SWINDON | £3.1m | £80,001 - £90,000 | 2 | unclear | 2.8% | no doubt |
| ISSA FOUNDATION | £9.9m | — | 0 | above | — | no doubt |