ISSA FOUNDATION
The principal objects of the charity are the advancement of education health and employment of people in need, in particular disadvantaged communities, by supporting projects that address these issues. The charity may also promote other identified projects from time to time as determined by the trustees.
Objects
TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE DIRECTORS SEE FIT FROM TIME TO TIME.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £31,452,389 at the end of the financial year, representing a significant increase from the previous year. The Trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern, citing sufficient budgeted income and expenditure levels to cover future commitments.
What the accounts disclose
“The level of funds is reviewed before grant commitments are made to ensure that the balance of these funds is always sufficient to cover current and proposed grant commitments and ongoing administration costs.” — page 7
“During the year the charity was recharged costs relating to capital expenditure of £3,976,928 (2024: £3,816,085) by Monte Developments Limited, a company in which Mr M Issa and Mr Z Issa are directors and ultimate owners.” — page 34
“The total of the charitable donations made by the Trustees to the DAF was £5,871,065 (2024: £7,850,420), with a further £8,500 (2024: £6,540) from a close family member of the Trustees.” — page 34
“During the year the charity was recharged costs relating to capital expenditure of £3,976,928 (2024: £3,816,085) by Monte Developments Limited, a company in which Mr M Issa and Mr Z Issa are directors and ultimate owners.” — page 34
“The total of the charitable donations made by the Trustees to the DAF was £5,871,065 (2024: £7,850,420), with a further £8,500 (2024: £6,540) from a close family member of the Trustees.” — page 34
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 6
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 6
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 7
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- MOHSIN ISSA
- ZUBER ISSA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £8.0m | £3.3m |
| 31/12/2024 | £9.9m | £4.0m |
| 31/12/2023 | £7.7m | £4.2m |
| 31/12/2022 | £4.0m | £7.9m |
| 31/12/2021 | £11k | £6.7m |
Common questions
Is ISSA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £31,452,389 at the end of the financial year, representing a significant increase from the previous year. The Trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern, citing sufficient budgeted income and expenditure levels to cover future commitments. Its FY2025 accounts were audited by MHA.
Who funds ISSA FOUNDATION?
Funders whose own accounts filings name ISSA FOUNDATION as a grant recipient include UBS UK Donor-Advised Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UBS UK Donor-Advised Foundation | FY2020 | £5.0m | Charitable activities |
| UBS UK Donor-Advised Foundation | FY2021 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £225k |
| THE MUSIC IN SECONDARY SCHOOLS TRUST | 1 | £79k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £13k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £13k |
| The Patricia Routledge Foundation | 1 | £6k |
| THE HOBSON CHARITY LIMITED | 1 | £5k |
| SCHRODER CHARITY TRUST | 1 | £4k |
| THE JESSIE SPENCER TRUST | 1 | £1k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ISSA FOUNDATION | £8.0m | — | 0 | unclear | — | no doubt |
| IESE FOUNDATION UK | £357k | — | 0 | unclear | — | no doubt |
| ISA FOUNDATION | £0 | — | 0 | above | — | no doubt |
| ESSA FOUNDATION | £100k | — | 0 | unclear | — | no doubt |
| AXIS FOUNDATION | £490k | — | 0 | unclear | — | no doubt |
| PS FOUNDATION | £560k | — | 0 | unclear | — | no doubt |