IFS FOUNDATION
The prevention and relief of poverty within rural Sri Lanka by providing or assisting in theprovision of education, training, healthcare, water projects and all the necessary supportdesigned to enable individuals to generate a sustainable income and be self-sufficient.
Objects
THE OBJECTS OF THE CIO ARE:(1) THE PREVENTION AND RELIEF OF POVERTY WITHIN RURAL SRI LANKA BY PROVIDING OR ASSISTING IN THE PROVISION OF EDUCATION, TRAINING, HEALTHCARE, WATER PROJECTS AND ALL THE NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT.(2) SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES FOR THE TIME BEING SHALL FROM TIME TO TIME THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted funds total £168,625, which the trustees confirm are more than sufficient to meet outgoings for the next year. The charity reported a net surplus of £127,388 for the year, derived from voluntary income of £199,445 against charitable and support costs of £72,057. There are no outstanding debts or liabilities secured against assets.
What the accounts disclose
“The Charity is principally, and at this time exclusively, funded by donations from third parties.” — page 9
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Stephen Paul Keyschair
- Cathie Hall
- Heather Dunlop
- Helen Louise Hauck
- Jane Keith
- Sophie Graham
- TRACY GOODMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £199k | £72k |
| 31/12/2023 | £49k | £74k |
| 31/12/2022 | £27k | £687 |
| 31/12/2021 | £38k | £195 |
Common questions
Is IFS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted funds total £168,625, which the trustees confirm are more than sufficient to meet outgoings for the next year. The charity reported a net surplus of £127,388 for the year, derived from voluntary income of £199,445 against charitable and support costs of £72,057. There are no outstanding debts or liabilities secured against assets. Its FY2024 accounts were independently examined.
Charities like this
- ONE CHILD FOUNDATION (SRI LANKA) LTD
- IHSAN FOR CHILDREN FOUNDATION
- International Health Development Foundation
- "IF..."
- AL IHSAN TRUST SRI LANKA
- INTERNATIONAL FOUNDATION FOR CHILDREN'S EDUCATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IFS FOUNDATION | £199k | — | 0 | unclear | — | no doubt |
| ONE CHILD FOUNDATION (SRI LANKA) LTD | £131k | — | 0 | unclear | — | no doubt |
| IHSAN FOR CHILDREN FOUNDATION | £641k | — | 0 | unclear | — | no doubt |
| International Health Development Foundation | £158k | — | 0 | unclear | — | no doubt |
| "IF..." | £3.0m | — | 0 | above | 10.0% | no doubt |
| AL IHSAN TRUST SRI LANKA | £193k | — | 0 | unclear | — | no doubt |