SOCIETE GENERALE UK FOUNDATION

Registered charity 1196579 · accounts filings on the Charity Commission register · also known as SG UK FOUNDATION

The Societe Generale UK Foundation (SG UK Foundation) focuses it charitable activity on education and employability. SG UK Foundation is not an open grant-giving body and does not accept unsolicited applications for funding but instead works in partnership with key strategic projects, aligning with Societe Generale's CSR objectives, as well as running a matched giving programme.

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

Latest income
£1.1m
Latest spending
£887k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds stood at £6,180,865, with unrestricted reserves of £4,685,368. The trustees report that these free reserves are above the stated policy minimum of £1,859,000, which represents two years of operational spend. The filing confirms adequate resources to continue in operational existence with no material uncertainties.

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

What the accounts disclose

Reserves policy: two years' worth of operational spend (held: £4.7m)
“The Foundation allows for a minimum of two years’ worth of operational spend to ensure that the charity can meet its commitments in the event of future income uncertainty. Under this policy the minimum level to be held is £1,859,000” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Director costs recharged from related party
“director costs of £148,697 (2023: £135,739), which are paid for by SGLB and recharged to the Foundation.” — page 33
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

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

Total income
£1.1m
Total spending
£887k
Reserves (reported)
£1.9m
Employees
0

Reported reserves equal ~25.2 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 (76% 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).

Register events

Trustees · trustee networks

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

Operates in: Gibraltar · Guernsey · Jersey · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.1m£887k
31/12/2023£1.1m£906k
31/12/2022£928k£1.1m

Common questions

Is SOCIETE GENERALE UK FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that total funds stood at £6,180,865, with unrestricted reserves of £4,685,368. The trustees report that these free reserves are above the stated policy minimum of £1,859,000, which represents two years of operational spend. The filing confirms adequate resources to continue in operational existence with no material uncertainties. Its FY2024 accounts were audited by HaysMac LLP.

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SANTANDER UK FOUNDATION LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOCIETE GENERALE UK FOUNDATION£1.1m—0above—no doubt
SANTANDER UK FOUNDATION LIMITED FY2025£825k—0unclear0.0%no doubt
UBS UK Donor-Advised Foundation FY2024£181.2m—0below—no doubt
Sir Harry & Lady Judith Solomon Charitable Foundation FY2024£4.0m—0unclear—no doubt
UK GIVES LTD FY2025£1.5m—0above—no doubt
THE GENERATIONS FOUNDATION FY2025£138k—0unclear—no doubt

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