SUMERIAN FOUNDATION
Registered charity 1169532 · accounts filings on the Charity Commission register · also known as SF
Sumerian Foundation supports start up and growing social purpose organisations to tackle social inequality in the UK, and also focuses on social purposes organisations providing healthcare services to people on low incomes in East Africa.
Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity held total funds of £1.12m at year-end, with £63k in free reserves, which the trustees consider sufficient to cover core operating and skills support costs for at least one year. The charity relies on funding from philanthropic sources and holds significant restricted funds and social investment assets, while managing risks related to securing future unrestricted funding.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: at least one year’s expenditure in free reserves on core operating and governance costs, plus post investment skills support (held: £63k)
“The Foundation kept its reserves policy the same as the prior year, which is to hold at least one year’s expenditure in free reserves (being unrestricted liquid reserves) on core operating and governance costs, in addition to an amount to cover the provision of post investment skills support after the restricted funding ceases.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Sumerian Partners Limited
“Sumerian Partners Limited gave an unrestricted donation of £25,000 in 2016, £5,000 in 2021, £10,000 in 2022, £12,000 in 2023 and £4,000 in 2024 to Sumerian Foundation, for the furtherance of its charitable objects.”
“During the year £342,672 was incurred under this agreement with Sumerian Partners Limited (2023: £242,066) which is included in direct costs in note 3.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Service fees to Sumerian Partners Limited
“Sumerian Partners Limited gave an unrestricted donation of £25,000 in 2016, £5,000 in 2021, £10,000 in 2022, £12,000 in 2023 and £4,000 in 2024 to Sumerian Foundation, for the furtherance of its charitable objects.”
“During the year £342,672 was incurred under this agreement with Sumerian Partners Limited (2023: £242,066) which is included in direct costs in note 3.”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Kenya · Throughout England And Wales
Income and spending
Common questions
Is SUMERIAN FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held total funds of £1.12m at year-end, with £63k in free reserves, which the trustees consider sufficient to cover core operating and skills support costs for at least one year. The charity relies on funding from philanthropic sources and holds significant restricted funds and social investment assets, while managing risks related to securing future unrestricted funding. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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Side by side with its peers
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