MY FOUNDATION
To act as a resource for young people by providing advice and assistance and organising programmes of physical, educational and other activities,
Objects
TO ACT AS A RESOURCE FOR YOUNG PEOPLE BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES IN ACCORDANCE WITH THE PRINCIPLES OF THE SHIA ITHNA ASHERI SHARIA, AS A MEANS OF: (A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS. (B) ADVANCING EDUCATION (C) RELIEVING UNEMPLOYMENT. (D) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £74,437 for the year ended 31 March 2025, driven by significant income from charitable activities and a capital grant. Per the trustees' report, the charity secured a permanent community base through property acquisition, funded by a restricted grant and loan finance, while maintaining adequate resources for future operations.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- 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
- Dr RAZA HAIDER NAQVIchair
- Masoom Hashmi
- Mohammed Musaddique Syed
- Muhammad Jafree
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £430k | £356k |
| 31/03/2024 | £121k | £93k |
| 31/03/2023 | £46k | £54k |
Common questions
Is MY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £74,437 for the year ended 31 March 2025, driven by significant income from charitable activities and a capital grant. Per the trustees' report, the charity secured a permanent community base through property acquisition, funded by a restricted grant and loan finance, while maintaining adequate resources for future operations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| THE WILFRED AND ELSIE ELKES CHARITY FUND | 1 | £24k |
| NFL FOUNDATION UK | 1 | £12k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £5k |
Charities like this
- MOHEBBAN AL - MAHDI YOUTH FOUNDATION
- CREATE FOUNDATION
- THE GENERATIONAL FOUNDATION
- Salford City FC Foundation
- THE ROY BARD CHARITABLE FOUNDATION
- Community Foundation for Staffordshire and Shropshire
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MY FOUNDATION | £430k | — | 0 | unclear | — | no doubt |
| MOHEBBAN AL - MAHDI YOUTH FOUNDATION | £430k | — | 0 | unclear | — | no doubt |
| CREATE FOUNDATION | £200k | — | 0 | unclear | — | no doubt |
| THE GENERATIONAL FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| Salford City FC Foundation | £1.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE ROY BARD CHARITABLE FOUNDATION | £475k | — | 0 | unclear | — | no doubt |