The 10,000 Interns Foundation
The 10,000 Interns Foundation exists primarily to challenge the under-representation of Black talent in the workplace through its internship programme, its Black talent network and its training and development opportunities. The Foundation also provides support for socio- economically disadvantaged and disabled students and graduates both within and beyond the internship programme.
Objects
“The promotion of equality and diversity for the public benefit by:(1) the provision and facilitation of internships for the beneficiaries particularly in industries where such individuals are underrepresented; and(2) the provision of education and training to develop the capacities, competencies, skills and knowledge of the beneficiaries in relation to particular industries including Accountancy, Education, Health Data Science, Healthcare Management, Insurance, Investment Management, Law, Long-term Savings, Marketing and Advertising and Recruitment.For the purposes of this article the beneficiaries are defined as: (a) individuals who trace their ancestry to indigenous inhabitants of Africa including such persons of Caribbean descent and such African and Afro-Caribbean persons who are British citizens;(b) persons with a disability; (c) underprivileged and socially and economically disadvantaged persons; and(d) older people.”
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £351,802 for the year ended 31 December 2025, resulting in unrestricted reserves falling to £44,764. This figure is significantly below the charity's stated policy target of £180,000 - £340,000. However, the trustees report that post-year-end fundraising and restructuring measures successfully rebuilt reserves to exceed six months of operating expenditure by July 2026, leading to a positive going concern assessment.
What the accounts disclose
“At the period end, the charity held unrestricted funds of £44,764 (2024: £396,566). It is the charity’s policy to target unrestricted reserves range of £180,000 - £340,000” — page 13
“Donations of £7,500 (2024: £27,900) were received without conditions from organisations connected to the trustees.” — page 31
“Donations of £5,000 (2024: £nil) were received without conditions from trustees.” — page 31
“Donations of £7,500 (2024: £27,900) were received without conditions from organisations connected to the trustees.” — page 31
“Donations of £5,000 (2024: £nil) were received without conditions from trustees.” — page 31
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 35
- Government income: £45,500 — grants £45,500 (1); 4% of the £1,163,255 total gross income on the same return
- Employees paid over £60,000: 5 (£60,001–£70,000: 2; £90,001–£100,000: 2; £150,001–£200,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2024
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £80,001–£90,000: 1; £150,001–£200,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2023
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £90,001–£100,000: 1; £140,001–£150,000: 1)
Corporate structure
- Registered company of the charity Companies House 13240146
Leadership, per the charity’s website
- Rebecca — Chief Executive Officer
- David Hutchison OBE — Chair of the Board
- Nana — Chief Impact Officer
- Jameela — Chief Operating Officer
Company officers (Companies House)
- LODERICK, Althea Faith on trustee list
- HUTCHISON, David Alexander Mccall on trustee list
- BREYER, Stuart Gorman on trustee list
- BARRINGTON-HIBBERT, Michael not on trustee list
- KONOTEY-AHULU, Dawid Konotey-Adadey on trustee list
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (23/02/2026)
Trustees
- Althea Faith Loderick
- David Hutchison
- Dawid Konotey-Ahulu
- Michael Barrington Hibbert
- Stuart Gorman Breyer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.2m | £1.5m |
| 31/12/2024 | £815k | £1.3m |
| 31/12/2023 | £913k | £940k |
| 31/12/2022 | £1.1m | £586k |
Common questions
Is The 10,000 Interns Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £351,802 for the year ended 31 December 2025, resulting in unrestricted reserves falling to £44,764. This figure is significantly below the charity's stated policy target of £180,000 - £340,000. However, the trustees report that post-year-end fundraising and restructuring measures successfully rebuilt reserves to exceed six months of operating expenditure by July 2026, leading to a positive going concern assessment. Its FY2025 accounts were audited by Azets Audit Services.
Who funds The 10,000 Interns Foundation?
Funders whose own accounts filings name The 10,000 Interns Foundation as a grant recipient include THE PWC FOUNDATION, THE SIMMONS AND SIMMONS CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PWC FOUNDATION | FY2023 | £22k | social inclusion through social mobility |
| THE PWC FOUNDATION | FY2024 | £11k | social mobility |
| THE PWC FOUNDATION | FY2025 | £10k | social mobility |
| THE SIMMONS AND SIMMONS CHARITABLE FOUNDATION | FY2025 | £4k | Staff selections |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SLOANE ROBINSON FOUNDATION | 1 | £290k |
| THE NUFFIELD FOUNDATION | 1 | £251k |
| THE BURDETT TRUST FOR NURSING | 1 | £179k |
| UBS UK Donor-Advised Foundation | 1 | £109k |
| CHK Foundation | 1 | £100k |
| GLOBAL SCHOOLS FORUM | 1 | £82k |
| THE LAKE FOUNDATION CHARITABLE TRUST | 1 | £50k |
| THE HEALTH FOUNDATION | 1 | £49k |
Charities like this
- THE YOUNG FOUNDATION
- RACE EQUALITY FOUNDATION
- TAYLOR BENNETT FOUNDATION
- STAND AGAINST RACISM & INEQUALITY
- INSPIRING TEACHERS
- WITH INSIGHT EDUCATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The 10,000 Interns Foundation | £1.2m | — | — | below | — | no doubt |
| THE YOUNG FOUNDATION | £4.0m | £110,001 - £120,000 | 14 | above | — | no doubt |
| RACE EQUALITY FOUNDATION | £1.3m | over £60,000 | 2 | unclear | — | no doubt |
| TAYLOR BENNETT FOUNDATION | £384k | £90,001 - £100,000 | 1 | unclear | — | no doubt |
| STAND AGAINST RACISM & INEQUALITY | £994k | — | 0 | within | — | no doubt |
| INSPIRING TEACHERS | £395k | — | 0 | below | — | no doubt |