The Eneida Foundation
The charity works to identify and donate to charitable causes around the world that provide children and young adults living in abject poverty with good education that leads to lifetime opportunities that would otherwise be unavailable to them
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £872,556 for the year, resulting in a decrease in total funds from £1,193,613 to £321,057. The trustees confirm that unrestricted reserves of £321,057 far exceed their stated policy target of approximately £92,471, representing over 10% of one year's unrestricted expenditure. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the trustees that unrestricted funds which have not been designated for a specific use, or are designated to cover overheads, should be maintained at a level equivalent to at least 10% of one year’s unrestricted fund expenditure.” — page 5
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- James Geoffrey Jack Hartchair
- Alexander McWhorter
- Iryna Grant
- John Caldwell Patton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £79k | £951k |
| 31/03/2024 | £2.4m | £2.2m |
| 31/03/2023 | £2.5m | £1.6m |
| 31/03/2022 | £41k | £21k |
| 31/03/2021 | £26k | £25k |
Common questions
Is The Eneida Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £872,556 for the year, resulting in a decrease in total funds from £1,193,613 to £321,057. The trustees confirm that unrestricted reserves of £321,057 far exceed their stated policy target of approximately £92,471, representing over 10% of one year's unrestricted expenditure. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds The Eneida Foundation?
Funders whose own accounts filings name The Eneida Foundation as a grant recipient include Founders Pledge Ltd, THE MCBAIN FAMILY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Founders Pledge Ltd | FY2023 | £1.4m | |
| Founders Pledge Ltd | FY2022 | £1.2m | |
| THE MCBAIN FAMILY FOUNDATION | FY2024 | £10k |