COOPERATIVE AI FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £506,593 for the year, reducing its unrestricted reserves to £2,214,304. Per the trustees' report, this balance remains comfortably in excess of the stated reserves policy target of approximately £250,000. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Cooperative AI Foundation aims to hold a minimum of 3 months’ of general operating costs at any time which is approximately £250,000.” — page 10
Funders the charity credits
- Schmidt Sciences
- Google DeepMind
- Advanced Research + Invention Agency
- Google.org
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Prof. Gillian Kereldena Hadfieldchair
- Allan Dafoe
- Dr Thore Graepel
- Feng Tang
- Jesse Thomas Scott Clifton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.3m | £2.8m |
| 31/12/2024 | £2.4m | £1.7m |
| 31/12/2023 | £2.0m | £2.3m |
| 31/12/2022 | £2.4m | £92k |
Common questions
Is COOPERATIVE AI FOUNDATION financially healthy?
The accounts state that the charity incurred a deficit of £506,593 for the year, reducing its unrestricted reserves to £2,214,304. Per the trustees' report, this balance remains comfortably in excess of the stated reserves policy target of approximately £250,000. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Griffin.
Who funds COOPERATIVE AI FOUNDATION?
Funders whose own accounts filings name COOPERATIVE AI FOUNDATION as a grant recipient include Founders Pledge Ltd.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Founders Pledge Ltd | FY2023 | £2.2m |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SOUTHAMPTON ROW TRUST LIMITED | 1 | £3.2m |
| THE MASTER CHARITABLE TRUST | 1 | £1.8m |
| EFFECTIVE VENTURES FOUNDATION | 1 | £136k |
| CHK Foundation | 1 | £30k |
| THE KIRBY LAING FOUNDATION | 1 | £25k |
| THE ECONOMIST CHARITABLE TRUST | 1 | £22k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £5k |
| WHITE DESERT FOUNDATION | 1 | £378 |