MERKY FOUNDATION LIMITED
A UK Foundation committed to fighting racial inequalities, justice reform, discrimination, employment and social inclusion within the black community. To protect, promote and strengthen the social, economic, educational and political capital of black people. Advancing self-empowerment, liberation and well being by provisions including bursaries primarily, but not exclusively, Cambridge University.
Objects
FOR THE PUBLIC BENEFIT, TO ADVANCE THE EDUCATION OF BAME (BLACK AND MINORITY ETHNIC) STUDENTS THROUGH THE PROVISION OF BURSARIES TENABLE AT PRIMARILY, BUT NOT EXCLUSIVELY, CAMBRIDGE UNIVERSITY.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £241,765 at the end of the financial year, an increase from the previous year's £50,712. The trustees consider this level of unrestricted reserves to be appropriate for the period ahead, noting that they will set a specific target reserves range as the new operating cost base becomes clear. The charity reported a net income surplus of £191,053 for the year, funded primarily by donations.
What the accounts disclose
“During the year Stormzy Ltd donated £120,000 (2024 - £120,000) to the Cambridge University scholarship fund.” — page 17
“At the end of the financial year, the foundation owed Stormzy Ltd £60,800 (2024 - £48,800).” — page 17
“During the year Stormzy Ltd donated £120,000 (2024 - £120,000) to the Cambridge University scholarship fund.” — page 17
“At the end of the financial year, the foundation owed Stormzy Ltd £60,800 (2024 - £48,800).” — page 17
“During the year Stormzy Ltd donated £120,000 (2024 - £120,000) to the Cambridge University scholarship fund.” — page 17
“At the end of the financial year, the foundation owed Stormzy Ltd £60,800 (2024 - £48,800).” — page 17
“During the year Stormzy Ltd donated £120,000 (2024 - £120,000) to the Cambridge University scholarship fund.” — page 17
“At the end of the financial year, the foundation owed Stormzy Ltd £60,800 (2024 - £48,800).” — page 17
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- 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
- Investing charity funds policy and procedures
- 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
Funders the charity credits
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Michael Owuochair
- Richard Barry Rosenberg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £991k | £800k |
| 31/08/2024 | £872k | £846k |
| 31/08/2023 | £969k | £974k |
| 31/08/2022 | £816k | £861k |
| 31/08/2021 | £761k | £667k |
Common questions
Is MERKY FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £241,765 at the end of the financial year, an increase from the previous year's £50,712. The trustees consider this level of unrestricted reserves to be appropriate for the period ahead, noting that they will set a specific target reserves range as the new operating cost base becomes clear. The charity reported a net income surplus of £191,053 for the year, funded primarily by donations. Its FY2025 accounts were independently examined.
Who funds MERKY FOUNDATION LIMITED?
Funders whose own accounts filings name MERKY FOUNDATION LIMITED as a grant recipient include THE HARDY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HARDY FOUNDATION | FY2023 | £20k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DONATING CHARITY LIMITED | 1 | £1.1m |
| 4 CHARITY FOUNDATION | 1 | £290k |
| THE BURDETT TRUST FOR NURSING | 1 | £179k |
| THE UKI CHARITABLE FOUNDATION | 1 | £157k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £125k |
| THE HEALTH FOUNDATION | 1 | £49k |
| HAMMERSMITH UNITED CHARITIES | 1 | £33k |
| THE NISBET TRUST | 1 | £30k |
Charities like this
- RACE EQUALITY FOUNDATION
- MERCY MISSION UK
- STAND AGAINST RACISM & INEQUALITY
- QED FOUNDATION LIMITED
- Equality Foundation
- MERCY FOUNDATION CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MERKY FOUNDATION LIMITED | £991k | — | 0 | unclear | — | no doubt |
| RACE EQUALITY FOUNDATION | £1.3m | over £60,000 | 2 | unclear | — | no doubt |
| MERCY MISSION UK | £9.3m | — | 0 | unclear | — | no doubt |
| STAND AGAINST RACISM & INEQUALITY | £994k | — | 0 | within | — | no doubt |
| QED FOUNDATION LIMITED | £618k | — | 0 | within | — | no doubt |
| Equality Foundation | £107k | — | 0 | unclear | — | no doubt |