The Brazil Friends Foundation
The charity will provide financial grants to other charities, organisations and projects which are based in, or carry out their work in Brazil i.e. the general public to further its charitable purposes. The aim of the charity is to support the public/communities in need in Brazil.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds stood at £19,972, which is below the stated reserves policy target of maintaining a level equivalent to non-grant expenditure of at least one year. The charity reported a net income surplus of £87,678 for the year, with total incoming resources of £527,682 against total expenditure of £440,004.
What the accounts disclose
“It is the policy of the CIO that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to non-grant expenditure of at least one year.” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Maira Genovesechair
- David Darst
- TIONG GHEE TEOH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £528k | £440k |
| 31/12/2023 | £639k | £618k |
| 31/12/2022 | £330k | £302k |
| 31/12/2021 | £5k | £4k |
| 31/12/2020 | £10k | £15k |
Common questions
Is The Brazil Friends Foundation financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds stood at £19,972, which is below the stated reserves policy target of maintaining a level equivalent to non-grant expenditure of at least one year. The charity reported a net income surplus of £87,678 for the year, with total incoming resources of £527,682 against total expenditure of £440,004. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITISH FRIENDS OF MASAT MOSHE | 1 | £448k |
| HOLMFIELD CHARITABLE TRUST | 1 | £181k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £95k |
| THE INDIGO TRUST | 1 | £45k |
| THE BLAGRAVE TRUST | 1 | £39k |
| PAUL HAMLYN FOUNDATION | 1 | £30k |
| MOLE CHARITABLE TRUST | 1 | £22k |
| BRIDGE HOUSE ESTATES | 1 | £15k |
Charities like this
- THE HADDAD FOUNDATION
- THE SUPPORT FOUNDATION
- BRCK Foundation
- FRIENDS OF B'EZRI
- FRIENDS OF CHARITY INTERNATIONAL
- FRIENDS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Brazil Friends Foundation | £528k | — | 0 | unclear | — | no doubt |
| THE HADDAD FOUNDATION | £8.3m | — | — | unclear | — | no doubt |
| THE SUPPORT FOUNDATION | £190k | — | 0 | below | — | no doubt |
| BRCK Foundation | £226k | — | 0 | unclear | — | no doubt |
| FRIENDS OF B'EZRI | £788k | — | 0 | above | — | no doubt |
| FRIENDS OF CHARITY INTERNATIONAL | £121k | — | 0 | unclear | — | no doubt |