Insurance Industry Charitable Foundation UK
IICF improves the lives of vulnerable and disadvantaged people by uniting the insurance industry in grant giving, volunteering and leadership.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £387,019 against total expenditure of £374,274, resulting in a net surplus. The charity holds unrestricted reserves of £41,943, which the trustees note is just under the ideal level of £60,000 required to cover six months of operations.
What the accounts disclose
“The trustees consider that the ideal level of reserves as of 31 December 2025 to be £60,000 to cover six months of operations.” — page 8
“In the current year, no such related party transactions were reported, other than the relationship to the Insurance Industry Charitable Foundation, a US non-profit organisation that provided initial support and investment in the charity.” — page 7
Trustees
- Chris Lockwood
- Julian LaVille
- Kieran Jones
- Mark Trumper
- Martin Wiggins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £387k | £374k |
| 31/12/2024 | £373k | £353k |
| 31/12/2023 | £297k | £315k |
| 31/12/2022 | £245k | £262k |
| 31/12/2021 | £303k | £259k |
Common questions
Is Insurance Industry Charitable Foundation UK financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £387,019 against total expenditure of £374,274, resulting in a net surplus. The charity holds unrestricted reserves of £41,943, which the trustees note is just under the ideal level of £60,000 required to cover six months of operations. Its FY2025 accounts were independently examined.
Charities like this
- IHSAN FOR CHILDREN FOUNDATION
- THE INSURANCE CHARITIES
- INFRASTRUCTURE INDUSTRY FOUNDATION
- THE I S A CHARITY
- THE INTERNATIONAL FOUNDATION FOR ARTS AND CULTURE
- WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Insurance Industry Charitable Foundation UK | £387k | — | — | unclear | — | no doubt |
| IHSAN FOR CHILDREN FOUNDATION | £641k | — | 0 | unclear | — | no doubt |
| THE INSURANCE CHARITIES | £959k | £90,001 - £100,000 | — | unclear | — | no doubt |
| INFRASTRUCTURE INDUSTRY FOUNDATION | £434k | — | 0 | unclear | — | no doubt |
| THE I S A CHARITY | £1.2m | — | 0 | unclear | — | no doubt |
| THE INTERNATIONAL FOUNDATION FOR ARTS AND CULTURE | £104k | — | 0 | unclear | — | no doubt |