The Brazil Friends Foundation
Latest income
£528k
Latest spending
£440k
Registered
2020
Accounts read
FY2024
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
Reserves policy: one year of non-grant expenditure (held: £20k)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£528k
Total spending
£440k
Cost of raising funds
£92k
Reserves (reported)
£20k
Employees
0
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?
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 |
|---|---|---|
| HOLMFIELD CHARITABLE TRUST | 1 | £181k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £95k |
| THE INDIGO TRUST | 1 | £45k |
| THE BLAGRAVE TRUST | 1 | £29k |
| MOLE CHARITABLE TRUST | 1 | £22k |
| BRIDGE HOUSE ESTATES | 1 | £15k |
| IGO FOUNDATION LIMITED | 1 | £10k |
| B E PERL CHARITABLE TRUST | 1 | £9k |