EXPLORE FOUNDATION
The Explore Foundation exists to advance education, prevent or relieve poverty, provide relief and assistance for victims of war or natural disaster and to enable conservation, protection and improvement of the environment. The Foundation supports global communities by providing grants and supporting local charities or other organisations working to relieve and prevent poverty.
Financial health, per its FY2025 accounts
The accounts state that total funds at the end of the year amounted to £47,022, representing a net movement in funds of £43,236 for the period. The charity reports no outstanding debt and maintains adequate free reserves to manage foreseeable contingencies. The financial position is supported by unrestricted funds of £46,183, with the majority of income derived from corporate donations by Explore Worldwide Ltd.
What the accounts disclose
“One of the main sources of this income was corporate donations from Explore Worldwide, which amounted to £106,413” — page 6
“The charity maintains adequate free reserves to manage any reasonable foreseeable contingency and cover any confirmed expenditure.” — page 6
“Explore Worldwide Ltd covers all support and overhead costs incurred by the Explore Foundation. The balance of £2,227.01 relates to Insurance and Banking fees.”
Funders the charity credits
- Explore Worldwide
Trustees
- John Telferchair
- Dr Christy Hehir
- Joanne Hendrickx
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £154k | £111k |
| 31/10/2024 | £85k | £89k |
| 31/10/2023 | £96k | £88k |
Common questions
Is EXPLORE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds at the end of the year amounted to £47,022, representing a net movement in funds of £43,236 for the period. The charity reports no outstanding debt and maintains adequate free reserves to manage foreseeable contingencies. The financial position is supported by unrestricted funds of £46,183, with the majority of income derived from corporate donations by Explore Worldwide Ltd. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| TACKLE AFRICA | 1 | £45k |
Charities like this
- THE CREDIT UNION FOUNDATION
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- HOLLYHOCK CHARITABLE FOUNDATION
- THE POINT FOUNDATION
- EA FOUNDATION
- SAO FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EXPLORE FOUNDATION | £154k | — | 0 | above | — | no doubt |
| THE CREDIT UNION FOUNDATION | £225k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |
| HOLLYHOCK CHARITABLE FOUNDATION | £385k | — | 0 | unclear | — | no doubt |
| THE POINT FOUNDATION | £102k | — | 0 | unclear | — | no doubt |
| EA FOUNDATION | £180k | — | 0 | unclear | — | no doubt |