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TELLES FOUNDATION

Registered charity 1165054 · accounts filings on the Charity Commission register

The Charity's objects are restricted specfically to the advancement and promotion for the public benefit of education, particularly but not exclusively in Brazil and in areas of social and economic deprivation.

Causes: Education/training · Economic/community Development/employment · Grant history (this charity is a funder) · Get email alerts

Latest income
£466k
Latest spending
£16.6m
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased significantly from $28,705,184 to $8,948,985 due to high grant expenditure. The Trustees report that operational expenses are met under an arrangement with a funding partner and that the Charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (100% of income)
“During the year the Charity raised $NIL donations (2023: $NIL), received grants of $NIL (2023: $48,000,000) and received investment income of $583,512 (2023: $141,305).” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: six months of operational expenses (held: £8.9m)
“However, the Charity’s aim is to hold at least 6 months’ worth of cash reserves to cover operational expenses at any one time.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Sonho Grande Institute (ISG); Marina Medley De Sà (trustee) was a board member of ISG.
“has provided grant funding to Sonho Grande Institute (ISG); Marina Medley De Sà (trustee) was - during the relevant financial year - one of the four board members of ISG and, as a result, this grant relationship meets the definition of a related party transaction.” — page 5
“has provided grant funding to Instituto Social para Motivar, Apoiar e Reconhecer Talentos (Ismart); Claudio Moniz Barreto Garcia (trustee) was - during the relevant financial year - one of the four board members of Ismart and, as a result, this grant relationship meets the definition of a related party transaction.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Instituto Social para Motivar, Apoiar e Reconhecer Talentos (Ismart); Claudio Moniz Barreto Garcia (trustee) was a board member of Ismart.
“has provided grant funding to Sonho Grande Institute (ISG); Marina Medley De Sà (trustee) was - during the relevant financial year - one of the four board members of ISG and, as a result, this grant relationship meets the definition of a related party transaction.” — page 5
“has provided grant funding to Instituto Social para Motivar, Apoiar e Reconhecer Talentos (Ismart); Claudio Moniz Barreto Garcia (trustee) was - during the relevant financial year - one of the four board members of Ismart and, as a result, this grant relationship meets the definition of a related party transaction.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£37.8m
Total spending
£20.2m
Reserves (reported)
£22.5m
Employees
0

Reported reserves equal ~13.4 months of spending — above the median for charities its size (median 7.0 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 (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Brazil · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£466k£16.6m
31/12/2023£37.8m£20.2m
31/12/2022£16.6m£1.4m
31/12/2021£2k£22.6m
31/12/2020£14.7m£14.2m

Common questions

Is TELLES FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves decreased significantly from $28,705,184 to $8,948,985 due to high grant expenditure. The Trustees report that operational expenses are met under an arrangement with a funding partner and that the Charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by MHA.

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
JEREMY COLLER FOUNDATION1£230k
THE REISNER CHARITABLE FOUNDATION LTD1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Coller Family Foundation.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TELLES FOUNDATION£466k—0unclear—no doubt
Coller Family Foundation FY2025£230k—0below—no doubt
THE ELYSIUM FOUNDATION LIMITED FY2025£107k—0above—no doubt
THE HADDAD FOUNDATION FY2024£8.3m——unclear—no doubt
NNS FOUNDATION FY2025£10.0m—0unclear—no doubt
THE TEESSIDE FAMILY FOUNDATION FY2024£260k—0unclear—no doubt

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