QUADRATURE CLIMATE FOUNDATION

Registered charity 1187301 · accounts filings on the Charity Commission register · also known as QCF, QUADRATURE CAPITAL FOUNDATION

Latest income
£221.7m
Latest spending
£216.1m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Foundation ended the period with a surplus of £5,652,660 and total unrestricted reserves of £26,947,018. The trustees confirmed adequate resources for going concern, noting that funding is provided by Quadrature and no fundraising activities are undertaken.

What the accounts disclose

Highest-paid employee band: £1,420,001 - £1,430,000 — above the 90th percentile for charities its size (median £180k)
£1,420,001 - £1,430,000 — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: minimum level of reserves available to sufficiently cover future operational expenditure (held: £26.9m)
The Foundation will, at all times, ensure there is a minimum level of reserves available to sufficiently cover future operational expenditure. — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Jennifer Hooke received £81,000 for advisory services.
A total of £81,000 (2023: £nil) was paid to Jennifer Hooke, Trustee, under a service agreement to provide Advisory Services to the Foundation. — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Quadrature, a company controlled by two trustees.
During the year, donations of £221,690,197 (2023: £269,721,626) were received from Quadrature, a Company controlled by two of the Foundation’s trustees. — page 27
A total of £81,000 (2023: £nil) was paid to Jennifer Hooke, Trustee, under a service agreement to provide Advisory Services to the Foundation. — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to Trustee Jennifer Hooke for advisory services.
During the year, donations of £221,690,197 (2023: £269,721,626) were received from Quadrature, a Company controlled by two of the Foundation’s trustees. — page 27
A total of £81,000 (2023: £nil) was paid to Jennifer Hooke, Trustee, under a service agreement to provide Advisory Services to the Foundation. — page 27
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

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

Total income
£221.7m
Total spending
£216.1m
Reserves (reported)
£26.9m
Employees
27

Reported reserves equal ~1.5 months of spending — below the median for charities its size (median 2.7 months; benchmarks).

Trustees

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

Operates in: Australia · Belgium · Brazil · Canada · Finland · France · Netherlands · Norway · Peru · Poland · Singapore · South Africa

Income and spending

Financial year endIncomeSpending
31/12/2024£221.7m£216.1m
31/12/2023£269.9m£256.4m
30/06/2022£130.3m£130.3m
30/06/2021£60.3m£58.9m
30/06/2020£30.8m£24.3m

Common questions

Is QUADRATURE CLIMATE FOUNDATION financially healthy?

The accounts state that the Foundation ended the period with a surplus of £5,652,660 and total unrestricted reserves of £26,947,018. The trustees confirmed adequate resources for going concern, noting that funding is provided by Quadrature and no fundraising activities are undertaken. Its FY2024 accounts were audited by HaysMac LLP.

What does the highest-paid employee of QUADRATURE CLIMATE FOUNDATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £1,420,001 - £1,430,000 band.

Who funds QUADRATURE CLIMATE FOUNDATION?

Funders whose own accounts filings name QUADRATURE CLIMATE FOUNDATION as a grant recipient include INTERNATIONAL RESCUE COMMITTEE, U.K.

Known funders

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

FunderYearAmount
INTERNATIONAL RESCUE COMMITTEE, U.KFY2025£738k

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.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with HUMAN CAPABILITY FOUNDATION.