INSTITUTE FOR THE FUTURE OF WORK
The Institute for the Future of Work is an independent charity with a mission to shape a future in which work is better and fairer. We seek out the most pressing challenges - and seize opportunities - to (i) advance education into changes to the world of work and (ii) prevent and relieve in-work poverty through the Fourth Industrial Revolution.
Objects
(A) PROMOTE THE EDUCATION OF THE PUBLIC INTO CHANGES TO THE WORLD OF WORK WITH PARTICULAR BUT NOT EXCLUSIVE REGARD TO THE IMPACT OF TECHNOLOGY ON WORK AND SOCIETY;(B) PREVENT OR RELIEVE POVERTY IN THE CONTEXT OF THE IMPACT OF TECHNOLOGY ON WORK AND SOCIETY WITH PARTICULAR BUT NOT EXCLUSIVE REGARD TO THOSE IN NEED BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE; AND(C) ADVANCE ANY SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION DETERMINE BY, IN PARTICULAR BUT NOT EXCLUSIVELY,(I) RESEARCH AND POLICY DEVELOPMENT;(II) THE DEVELOPMENT AND TESTING OF NEW AND IMPROVED WAYS OF WORKING AND SUPPORT FOR WORK;(III) RECOMMENDATIONS ON IMPROVING ALL ASPECTS OF WORK; AND(III) ADVOCACY.
Financial health, per its FY2025 accounts
The accounts state that total income was £993,111 against total expenditure of £1,030,469, resulting in a net deficit for the year. The charity holds unrestricted reserves of £381,115, which the trustees consider adequate to fund activities for the foreseeable future. The trustees confirm the charity remains a going concern.
What the accounts disclose
“Grants 50,000 893,847 943,847” — page 22
“the policy of the IFOW trustees is to hold sufficient funds in reserve to cover three months of IFOW's forecasted total operating expenditure, or 25% of total annual planned operating expenditure.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Government income: £235,953 — contracts £195,350 (1), grants £40,603 (1); 24% of the £993,111 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/08/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Self-declared on the annual return for the financial year ending 31/08/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Anne-Marie Osawemwenze Ore-Ofe Imafidonchair
- DANIELA BARONE SOARES
- Dr SUE BLACK
- Martha Elizabeth Dalton
- Paulus Maria Jansen
- Professor Gina Sue Neff
- Sana Khareghani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £993k | £1.0m |
| 31/08/2024 | £978k | £808k |
| 31/08/2023 | £880k | £930k |
| 31/08/2022 | £821k | £660k |
| 31/08/2021 | £350k | £290k |
Common questions
Is INSTITUTE FOR THE FUTURE OF WORK financially healthy?
Per its FY2025 accounts: The accounts state that total income was £993,111 against total expenditure of £1,030,469, resulting in a net deficit for the year. The charity holds unrestricted reserves of £381,115, which the trustees consider adequate to fund activities for the foreseeable future. The trustees confirm the charity remains a going concern. Its FY2025 accounts were independently examined.
Who funds INSTITUTE FOR THE FUTURE OF WORK?
Funders whose own accounts filings name INSTITUTE FOR THE FUTURE OF WORK as a grant recipient include THE NUFFIELD FOUNDATION, THE JOSEPH ROWNTREE CHARITABLE TRUST, FRIENDS PROVIDENT CHARITABLE FOUNDATION, THE EY FOUNDATION, Alex Ferry Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE NUFFIELD FOUNDATION | FY2021 | £1.8m | The Pissarides Review into the future of work and well-being |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | FY2023 | £115k | Strengthening corporate accountability for algorithmic systems and platforms at work |
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | FY2024 | £97k | Project Funding |
| THE EY FOUNDATION | FY2025 | £85k | Supporting research into actions that will enable young people from low-income backgrounds to thrive in an evolving job market |
| THE NUFFIELD FOUNDATION | FY2024 | £79k | The Pissarides Review into the future of work and wellbeing |
| Alex Ferry Foundation | FY2025 | £20k | Research Grant |
| Alex Ferry Foundation | FY2022 | £15k | Research Grants |
| Alex Ferry Foundation | FY2023 | £15k | Research grants |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GATSBY CHARITABLE FOUNDATION | 1 | £24.8m |
| JOFFE CHARITABLE TRUST CIO | 1 | £214k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £140k |
| FOUNDATIONS - WHAT WORKS CENTRE FOR CHILDREN AND FAMILIES | 1 | £135k |
| TRUST FOR LONDON | 1 | £120k |
| JOHN ELLERMAN FOUNDATION | 1 | £100k |
| ANTI-SLAVERY INTERNATIONAL | 1 | £98k |
| NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST | 1 | £57k |
Charities like this
- INSTITUTE FOR EMPLOYMENT STUDIES
- INTERNATIONAL INSTITUTE FOR ENVIRONMENT AND DEVELOPMENT
- THE INSTITUTE FOR PHILANTHROPY
- THE INSTITUTE OF INTERNATIONAL MONETARY RESEARCH
- INSTITUTE OF IMAGINATION
- INSTITUTE FOR GOVERNMENT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INSTITUTE FOR THE FUTURE OF WORK | £993k | — | 0 | unclear | — | no doubt |
| INSTITUTE FOR EMPLOYMENT STUDIES | £4.1m | — | — | unclear | — | no doubt |
| INTERNATIONAL INSTITUTE FOR ENVIRONMENT AND DEVELOPMENT | £32.5m | — | — | unclear | — | no doubt |
| THE INSTITUTE FOR PHILANTHROPY | £244k | — | — | below | — | no doubt |
| THE INSTITUTE OF INTERNATIONAL MONETARY RESEARCH | £200k | — | 0 | unclear | — | no doubt |
| INSTITUTE OF IMAGINATION | £512k | — | — | below | — | no doubt |