THE IRENE PRESTWICH TRUST CIO
Grant making for initiatives and projects, particularly those related to the work of Initiatives of Change (see www.iofc.org) in the UK, and in other parts of the world.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £6,867,909, driven by significant investment gains of £640,474, while total expenditure of £117,203 was covered by investment income and donations. The charity holds no employees and relies on voluntary trustees, with its investment portfolio valued at £6,856,727 managed to maintain capital growth relative to inflation.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2021)
Register events
- Received assets from another charity (04/05/2022)
Trustees
- Barbara Jane Downchair
- Anne Elisabeth Tooms
- David Allan Faunce Smith
- David Lloyd Buxton
- Rumbidzai Revelation Potter
- Rumbidzai Salome Chamboko
- TJay Turner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £103k | £68k |
| 31/03/2024 | £94k | £117k |
| 31/03/2023 | £89k | £131k |
| 31/03/2022 | £55k | £151k |
| 31/03/2021 | £6.2m | £98k |
Common questions
Is THE IRENE PRESTWICH TRUST CIO financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £6,867,909, driven by significant investment gains of £640,474, while total expenditure of £117,203 was covered by investment income and donations. The charity holds no employees and relies on voluntary trustees, with its investment portfolio valued at £6,856,727 managed to maintain capital growth relative to inflation. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
| THE KUPAH CHARITABLE TRUST | 1 | £5k |
| PARKLAKE CHARITY TRUST | 1 | £2k |
Charities like this
- YAD VEACHISOMOCH L'CHAIM
- the Shoftim Charitable Trust
- PETER STORRS TRUST
- ASSOCIATION FOR INFORMATION TECHNOLOGY TRUST
- JOAN AINSLIE CHARITABLE TRUST
- INVESTREAM CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE IRENE PRESTWICH TRUST CIO | £103k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| the Shoftim Charitable Trust | £546k | — | 0 | unclear | — | no doubt |
| PETER STORRS TRUST | £137k | — | 0 | no_policy | — | no doubt |
| ASSOCIATION FOR INFORMATION TECHNOLOGY TRUST | £190k | — | 0 | unclear | — | no doubt |
| JOAN AINSLIE CHARITABLE TRUST | £278k | — | 0 | unclear | — | no doubt |