UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED
Grants to advance education.
Objects
THE OBJECTS OF THE CHARITY ARE:(A) THE ADVANCEMENT OF LEARNING AND EDUCATION IN PARTICULAR (BUT WITHOUT LIMITATION) AT OR IN CONNECTION WITH THE UNIVERSITY OF ILLINOIS; AND (B) SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus for the year, with unrestricted funds increasing to £64,735. The trustees' report notes that the parent undertaking has formally indicated its intention to continue providing financial support to meet obligations for the foreseeable future. The charity is in its early development phase and relies on donations and gifts in kind from its parent to cover costs.
What the accounts disclose
“Donations and gifts 16,586 12,241 28,827 12,985” — page 13
“The Foundation has a policy that its unrestricted funds which have not been designated for a specific use should be maintained at a levei equivalent to between three and six months’ expenditure.” — page 3
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 10429661 · Financial health read from its filings
Company officers (Companies House)
- KALAGARA, Vijay not on trustee list
- SENGUL, Sencan not on trustee list
- AXELROD, Nell A on trustee list
- BAUMAN, Markus Kaiser on trustee list
- VIVERITO, Keith on trustee list
- GLAS, Geert on trustee list
- HAJJ, Usama on trustee list
- AKRITAS, Pavlina on trustee list
- MEINHART, David Christopher on trustee list
- DEVOCELLE, Christine C. on trustee list
- MOORE, James H. on trustee list
- DWYER, Dalton Gerard on trustee list
- MATHEWS, Christopher Scott on trustee list
Trustees
- CHRISTINE C DEVOCELLE
- CHRISTOPHER MATHEWS
- DALTON GERARD DWYER
- David Meinhart
- Geert GLAS
- JAMES H MOORE
- KEITH VIVERITO
- MARKUS KAISER BAUMAN
- Nell Axelrod
- Pavlina Akritas
- Usama Hajj
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £118k | £73k |
| 30/06/2024 | £79k | £76k |
| 30/06/2023 | £47k | £42k |
| 30/06/2022 | £40k | £41k |
| 30/06/2021 | £23k | £25k |
Common questions
Is UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus for the year, with unrestricted funds increasing to £64,735. The trustees' report notes that the parent undertaking has formally indicated its intention to continue providing financial support to meet obligations for the foreseeable future. The charity is in its early development phase and relies on donations and gifts in kind from its parent to cover costs. Its FY2025 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 2 | £27.5m |
| National Philanthropic Trust UK Limited | 2 | £8.8m |
| AKO FOUNDATION | 1 | £3.7m |
| Founders Pledge Ltd | 1 | £3.4m |
| AMABRILL LTD | 1 | £531k |
| THE BROOMTON FOUNDATION | 1 | £500k |
| THE APAX FOUNDATION | 1 | £157k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £103k |
Charities like this
- UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED
- PRINCETON CHARITABLE FOUNDATION LIMITED
- UT FOUNDATION UK LIMITED
- BEIS HILLEL TRUST
- MILLFIELD FOUNDATION
- LUBAVITCH EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED | £118k | — | 0 | unclear | — | no doubt |
| UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED | £7.6m | — | 0 | unclear | — | no doubt |
| PRINCETON CHARITABLE FOUNDATION LIMITED | £13.2m | — | 0 | unclear | — | no doubt |
| UT FOUNDATION UK LIMITED | £60k | — | 0 | above | — | no doubt |
| BEIS HILLEL TRUST | £390k | — | 0 | above | — | no doubt |
| MILLFIELD FOUNDATION | £244k | — | 0 | unclear | — | no doubt |