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THE HADDAD FOUNDATION

Registered charity 1164463 · accounts filings on the Charity Commission register

Latest income
£8.3m
Latest spending
£7.5m
Registered
2015
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at $52,657,272, an increase from the previous year's $41,677,322. The charity reported a net income of $11,043,911, driven by donations and investment gains, while expenditure on charitable activities and investment management totaled $4,457,888. The trustees and auditor confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: sufficient reserves so that future expected funding requirements for a number of years, along with the associated governance and support costs, can be met (held: £65.8m)
“The Foundation seeks to maintain sufficient reserves so that future expected funding requirements for a number of years, along with the associated governance and support costs, can be met.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Claudio Haddad
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Rosalie Haddad
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Ensina Brasil
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Insper Instituto de Ensino
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Harvard University
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
“The charity received unrestricted donations of $5,000,000 from Claudio Haddad (2022: $5,000,000), $5,000,000 from Rosalie Haddad (2022: $5,000,000), both members of the Board.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£8.3m
Total spending
£7.5m
Cost of raising funds
£344k
Reserves (reported)
£48.8m
Employees
0

Reported reserves equal ~77.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Brazil · Ireland · Portugal · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£8.3m£7.5m
31/12/2023£8.3m£3.5m
31/12/2022£9.2m£5.6m
31/12/2021£9.4m£6.0m
31/12/2020£325k£5.7m

Common questions

Is THE HADDAD FOUNDATION financially healthy?

The accounts state that unrestricted reserves stood at $52,657,272, an increase from the previous year's $41,677,322. The charity reported a net income of $11,043,911, driven by donations and investment gains, while expenditure on charitable activities and investment management totaled $4,457,888. The trustees and auditor confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Sayer Vincent LLP.

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.

FunderSimilar charities fundedAmount to them
NNS FOUNDATION1£21.2m
Founders Pledge Ltd1£3.4m
THE GENERATIONAL FOUNDATION1£500k

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