MELLON EDUCATE (UK)
We educate impoverished African children. Our mission is to provide education assistance for 100,000 children. To successfully achieve this: we build quality facilities if required and we provide in-depth training for the incumbent school managers/principals and teachers to empower them to deliver ongoing better results.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £13,210 for the year ended 31 December 2024, with unrestricted funds carried forward totaling £302,654. The trustees consider the charity to be in a sound financial position with adequate resources to continue operations, noting that unrestricted reserves of £302,654 significantly exceed the stated minimum policy target of £30,000.
What the accounts disclose
“In the band £60,000 - £70,000 1” — page 23
“The Directors have set the required reserves policy at £30,000 of unrestricted funds” — page 18
“During the year the Charity awarded grants of £390,972 (2023 - £374,857) to Mellon Educate (South Africa). There is balance owed to Mellon Housing Initiative of £80,000 at year end (2023 - £NIL).”
Funders the charity credits
- National Lotteries Commission
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANDREW BRENNAN
- Fiona Lindsay Langdale
- Niall Mellon
- Noel Elliot
- Sippora Veen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £535k | £521k |
| 31/12/2023 | £608k | £523k |
| 31/12/2022 | £1.0m | £964k |
| 31/12/2021 | £659k | £585k |
| 31/12/2020 | £116k | £239k |
Common questions
Is MELLON EDUCATE (UK) financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £13,210 for the year ended 31 December 2024, with unrestricted funds carried forward totaling £302,654. The trustees consider the charity to be in a sound financial position with adequate resources to continue operations, noting that unrestricted reserves of £302,654 significantly exceed the stated minimum policy target of £30,000. Its FY2024 accounts were audited by BDO.
What does the highest-paid employee of MELLON EDUCATE (UK) earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band.
Who funds MELLON EDUCATE (UK)?
Funders whose own accounts filings name MELLON EDUCATE (UK) as a grant recipient include THE EQUINOXE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE EQUINOXE TRUST | FY2024 | £39k | |
| THE EQUINOXE TRUST | FY2023 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C B AND H H TAYLOR 1984 TRUST | 1 | £12k |
| INTO GIVING LIMITED | 1 | £10k |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
| ROTARY CLUB OF STURMINSTER NEWTON TRUST FUND | 1 | £2k |
| THE AUSTIN BAILEY FOUNDATION | 1 | £1k |
Charities like this
- ERMINE EDUCATION TRUST
- SWANLAND EDUCATION AFRICA TRUST
- CHILDREN'S EDUCATION FOUNDATION
- EDUCATE A CHILD - INTERNATIONAL
- SOS AFRICA
- PROJECT MALA CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MELLON EDUCATE (UK) | £535k | £60,001 - £70,000 | — | unclear | — | no doubt |
| ERMINE EDUCATION TRUST | £3.1m | — | 0 | unclear | — | no doubt |
| SWANLAND EDUCATION AFRICA TRUST | £103k | — | 0 | below | — | no doubt |
| CHILDREN'S EDUCATION FOUNDATION | £185k | — | 0 | below | — | no doubt |
| EDUCATE A CHILD - INTERNATIONAL | £153k | £80,000 - £90,000 | 1 | unclear | — | no doubt |
| SOS AFRICA | £992k | — | 0 | above | — | no doubt |