KOREA FUTURE INITIATIVE CIO

Registered charity 1185332 · accounts filings on the Charity Commission register · also known as KOREA FUTURE INITIATIVE, Korea Future

We investigate human rights violations in North Korea to support accountability for perpetrators and accelerate justice for victims.

Causes: Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income

£968k

Latest spending

£977k

Registered

2019

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £51,877, which is below the trustees' stated policy target of £61,846 (representing three months of unrestricted expenditure). The trustees identified a lack of funds to meet obligations as the greatest risk to the organisation, noting that greater diversification of income remains a challenge.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £52k)

“The trustees have, therefore, agreed a reserves target of £61,846 to meet any immediate obligations.”

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income

£968k

Total spending

£977k

Cost of raising funds

£10k

Reserves (reported)

£52k

Employees

Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.1% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Oliver Stephen Ian Windridgechair · trustee of 1 other charity
Mitra Moadab Motlagh
Victoria Jane Nida

Trustee list from the Charity Commission register (current, not historical).

Operates in: South Korea · Throughout England

Income and spending

Financial year end	Income	Spending
31/12/2024	£968k	£977k
31/12/2023	£770k	£797k
31/12/2022	£562k	£533k
31/12/2021	£507k	£480k
31/12/2020	£261k	£222k

Common questions

Is KOREA FUTURE INITIATIVE CIO financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £51,877, which is below the trustees' stated policy target of £61,846 (representing three months of unrestricted expenditure). The trustees identified a lack of funds to meet obligations as the greatest risk to the organisation, noting that greater diversification of income remains a challenge. Its FY2024 accounts were independently examined.

Who funds KOREA FUTURE INITIATIVE CIO?

Funders whose own accounts filings name KOREA FUTURE INITIATIVE CIO as a grant recipient include JOFFE CHARITABLE TRUST CIO.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount
JOFFE CHARITABLE TRUST CIO	FY2023	£33k
JOFFE CHARITABLE TRUST CIO	FY2021	£30k
JOFFE CHARITABLE TRUST CIO	FY2022	£15k
JOFFE CHARITABLE TRUST CIO	FY2024	£5k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE REED FOUNDATION	2	£49k
MISS E F RATHBONE CHARITABLE TRUST	2	£10k
THE AUSTIN AND HOPE PILKINGTON TRUST	2	£2k
THE MASTER CHARITABLE TRUST	1	£785k
MOONDANCE FOUNDATION	1	£400k
THE JOSEPH ROWNTREE CHARITABLE TRUST	1	£285k
JOHN ELLERMAN FOUNDATION	1	£100k
DAVID AND ELAINE POTTER FOUNDATION	1	£80k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CONNECT: NORTH KOREA.

CONNECT: NORTH KOREA income £545k
Rights and Security International income £439k
Human Rights Protection Fund income £441k
THE KIANH FOUNDATION income £199k
Kingdom Impact income £171k
KIM INSPIRE income £589k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
KOREA FUTURE INITIATIVE CIO	£968k	—	0	unclear	—	no doubt
CONNECT: NORTH KOREA FY2024	£545k	—	0	below	—	no doubt
Rights and Security International FY2024	£439k	—	0	within	—	no doubt
Human Rights Protection Fund FY2026	£441k	Over £60,000	1	above	9.0%	no doubt
THE KIANH FOUNDATION FY2025	£199k	—	0	within	—	no doubt
Kingdom Impact FY2025	£171k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.