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THE GENERATIONAL FOUNDATION

Registered charity 1192397 · accounts filings on the Charity Commission register

The Foundation makes grants to charities and non-profit bodies in furtherance of its charitable purposes

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£1.4m
Latest spending
£992k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's work is entirely reliant on donations from two trustees, with total funds amounting to £1,006,681 at year-end. The charity has no employees and minimal overheads, resulting in a net income of £402,358 for the year. The trustees have not adopted a formal reserves policy due to the charity's significant unrestricted funds and minimal anticipated costs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (99% of income)
“Donations (inc. Gift Aid) 1,380,385”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr and Mrs Headley, trustees of the Charity, donated to the Charity in cash £1,000,000 on 25 January 2024 and £5,385 on 8 August 2024 to be used to develop the work of the Charity in accordance with its Trust Deed.
“Mr and Mrs Headley, trustees of the Charity, donated to the Charity in cash £1,000,000 on 25 January 2024 and £5,385 on 8 August 2024 to be used to develop the work of the Charity in accordance with its Trust Deed.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Haines Watts Wolverhampton Limited. Discloses 3 of 6 completeness components.

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

Total income
£1.4m
Total spending
£992k
Reserves (reported)
£1.0m
Employees
0

Reported reserves equal ~12.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.4m£992k
31/12/2023£9k£415k
31/12/2022£1.0m£1.1m
31/12/2021£1.3m£120k

Common questions

Is THE GENERATIONAL FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity's work is entirely reliant on donations from two trustees, with total funds amounting to £1,006,681 at year-end. The charity has no employees and minimal overheads, resulting in a net income of £402,358 for the year. The trustees have not adopted a formal reserves policy due to the charity's significant unrestricted funds and minimal anticipated costs. Its FY2024 accounts were audited by Haines Watts Wolverhampton Limited.

Who funds THE GENERATIONAL FOUNDATION?

Funders whose own accounts filings name THE GENERATIONAL FOUNDATION as a grant recipient include THE GENERATIONAL FOUNDATION.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE GENERATIONAL FOUNDATIONFY2022£500k

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.

FunderSimilar charities fundedAmount to them
THE WILFRED AND ELSIE ELKES CHARITY FUND1£24k

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE GENERATIONAL FOUNDATION£1.4m—0unclear—no doubt
THE GENERATIONS FOUNDATION FY2025£138k—0unclear—no doubt
NNS FOUNDATION FY2025£10.0m—0unclear—no doubt
Community Foundation for Staffordshire and Shropshire FY2025£4.6m——unclear—no doubt
THE GENERATION FOUNDATION FY2024£11.5m—4above—no doubt
THE ROBERT MCALPINE FOUNDATION FY2025£1.1m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.