THE MCBAIN FAMILY FOUNDATION
The trustees make grants to relieve poverty or to promote education anywhere in the world.
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £2,016,663, which the trustees state are sufficient to cover management costs and respond to emergency grant applications. The organization has no employees and incurred no fundraising costs, with all charitable expenditure directed entirely toward grants. The accounts are prepared on a going concern basis, supported by adequate resources and a clear investment policy.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity. There are sufficient funds to cover management and administration costs and to respond to emergency applications for grants which arise from time to time.” — page 4
“There were donations from trustees of £779,413 (2014 £130,000) unrestricted” — page 13
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- ALASTAIR MCBAINchair
- NATALIA VALEREVNA MCBAIN
- OLIVER JAMES MCBAIN
- Sophie McBain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £830k | £250k |
| 31/01/2024 | £138k | £45k |
| 31/01/2023 | £1.2m | £481k |
| 31/01/2022 | £540k | £1.4m |
| 31/01/2021 | £813k | £52k |
Common questions
Is THE MCBAIN FAMILY FOUNDATION financially healthy?
Per its FY2025 accounts: The charity holds unrestricted reserves of £2,016,663, which the trustees state are sufficient to cover management costs and respond to emergency grant applications. The organization has no employees and incurred no fundraising costs, with all charitable expenditure directed entirely toward grants. The accounts are prepared on a going concern basis, supported by adequate resources and a clear investment policy. Its FY2025 accounts were independently examined.
Charities like this
- THE MABS MARDULYN CHARITABLE FOUNDATION
- THE JAMEEL EDUCATION FOUNDATION UK
- GRAHAME CHARITABLE FOUNDATION LIMITED
- THE MCLAIN FOUNDATION LIMITED
- THE ROBERT MCALPINE FOUNDATION
- The Lakshmi N Mittal Family Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MCBAIN FAMILY FOUNDATION | £830k | — | 0 | above | — | no doubt |
| THE MABS MARDULYN CHARITABLE FOUNDATION | £271k | — | 0 | unclear | — | no doubt |
| THE JAMEEL EDUCATION FOUNDATION UK | £2.0m | — | 0 | unclear | — | no doubt |
| GRAHAME CHARITABLE FOUNDATION LIMITED | £262k | — | 0 | unclear | — | noted |
| THE MCLAIN FOUNDATION LIMITED | £2.8m | — | 0 | unclear | — | no doubt |
| THE ROBERT MCALPINE FOUNDATION | £1.1m | — | 0 | above | — | no doubt |