The 10,000 Interns Foundation

Registered charity 1199061 · accounts filings on the Charity Commission register · also known as 10,000 BLACK 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.”

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Economic/community Development/employment · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Registered contact address: Tower Hamlets, London, England (from the postcode on the register)

Latest income
£1.2m
Latest spending
£1.5m
Registered
2022
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £45k; policy: £180,000 - £340,000)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from organisations connected to trustees
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from trustees
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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)

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

Public fundraising profile: JustGiving — The 10,000 Interns Foundation (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.2m
Total spending
£1.5m
Cost of raising funds
£424k
Reserves (reported)
£42k
Employees
13

Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% 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: 36.5% of total income — above the 90th percentile for charities its size (median 5.3%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
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

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

FunderYearAmountPurpose (as stated by the funder)
THE PWC FOUNDATIONFY2023£22ksocial inclusion through social mobility
THE PWC FOUNDATIONFY2024£11ksocial mobility
THE PWC FOUNDATIONFY2025£10ksocial mobility
THE SIMMONS AND SIMMONS CHARITABLE FOUNDATIONFY2025£4kStaff selections

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 THE YOUNG FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The 10,000 Interns Foundation£1.2m——below—no doubt
THE YOUNG FOUNDATION FY2025£4.0m£110,001 - £120,00014above—no doubt
RACE EQUALITY FOUNDATION FY2025£1.3mover £60,0002unclear—no doubt
TAYLOR BENNETT FOUNDATION FY2025£384k£90,001 - £100,0001unclear—no doubt
STAND AGAINST RACISM & INEQUALITY FY2026£994k—0within—no doubt
INSPIRING TEACHERS FY2025£395k—0below—no doubt

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