THE SAIFEE FOUNDATION OF EUROPE

Registered charity 241048 · accounts filings on the Charity Commission register · also known as SAIFEE FOUNDATION OF EUROPE

Advancement of religion, the relief of poverty, the advancement of education and learning, the provision of medical aid and any other objects of a charitable nature beneficial to the public at large

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£21.1m

Latest spending

£2.8m

Registered

1965

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a significant surplus of £18,331,414 for the year ended 31 December 2024, driven largely by a £21 million donation from a related party. Per the trustees' report, unrestricted free reserves stood at £24,780,059, held to meet ongoing costs and charitable objectives, with no stated reserves policy target defined in monetary or time-based terms.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations (99% of income)

“The donations include funding commitments of £14,000,000 (£2023: £nil) from a related party payable over two years.” — page 16

Per its FY2024 accounts as filed with the Charity Commission.

Reserves policy: funds in excess of those needed to meet normal operating costs (held: £24.8m)

“The policy of the Trust is to hold funds in excess of those needed to meet normal operating costs as this enables the Trust to continue to grant Qardan Hasana loans as and when required.” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income

£21.1m

Total spending

£2.8m

Cost of raising funds

£45k

Reserves (reported)

£0

Employees

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% 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: 0.2% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

AMIRALI TAIBALI KADERBHAI
Alihussein Yusufali Hassanali · trustee of 1 other charity
Dr SIRAJ NATALWALA
Farazdaq Zainuddin
HUSAIN SYEDNA MUFADDAL BURHANUDDIN SAIFUDDIN
IBRAHIM ESMAIL MOHAMMEDALI SHEIKH
MOHAMMED ESSAJEE
MUSTANSIR FARAZDAQ ZAINUDDIN
QAID JOHER EZZUDDIN
YUNUS ABDULKADER
ZAINULABEDIN HATIM JAFFERJI

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2024	£21.1m	£2.8m
31/12/2023	£187k	£165k
31/12/2022	£2.2m	£395k
31/12/2021	£118k	£120k
31/12/2020	£119k	£157k

Common questions

Is THE SAIFEE FOUNDATION OF EUROPE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a significant surplus of £18,331,414 for the year ended 31 December 2024, driven largely by a £21 million donation from a related party. Per the trustees' report, unrestricted free reserves stood at £24,780,059, held to meet ongoing costs and charitable objectives, with no stated reserves policy target defined in monetary or time-based terms. Its FY2024 accounts were audited by TC Group.

Who funds THE SAIFEE FOUNDATION OF EUROPE?

Funders whose own accounts filings name THE SAIFEE FOUNDATION OF EUROPE as a grant recipient include DAWAT-E-HADIYAH TRUST (UNITED KINGDOM).

Known funders

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

Funder	Year	Amount	Purpose (as stated by the funder)
DAWAT-E-HADIYAH TRUST (UNITED KINGDOM)	FY2024	£21.0m	Grants to UK registered charities towards their respective objects
DAWAT-E-HADIYAH TRUST (UNITED KINGDOM)	FY2022	£2.1m	Grants to UK registered charities and other institutions
DAWAT-E-HADIYAH TRUST (UNITED KINGDOM)	FY2023	£80k	Grants to UK registered charities towards their respective objects

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.

Funder	Similar charities funded	Amount to them
THE REED FOUNDATION	1	—
WISEHEIGHTS LIMITED	1	£755k
SABEEL FOUNDATION	1	£424k
ZOUQ FOUNDATION	1	£269k
BAIG WELFARE FOUNDATION	1	£77k
EPSOM AND EWELL ISLAMIC SOCIETY	1	£52k
THE FORRESTER FAMILY TRUST	1	£40k
BERNARD LEWIS FAMILY CHARITABLE TRUST	1	£29k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE EUROPEAN ASSOCIATION FOR ISLAMIC INSTITUTIONS.

THE EUROPEAN ASSOCIATION FOR ISLAMIC INSTITUTIONS income £257k
KAYEFF FOUNDATION income £112k
HAAYA FOUNDATION income £589k
AL-KHAIR FOUNDATION income £74.8m
AL SAAF FOUNDATION LTD income £212k
SF FOUNDATION income £7.7m

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
THE SAIFEE FOUNDATION OF EUROPE	£21.1m	—	above	—	no doubt
THE EUROPEAN ASSOCIATION FOR ISLAMIC INSTITUTIONS FY2025	£257k	—	unclear	—	no doubt
KAYEFF FOUNDATION FY2025	£112k	—	unclear	—	no doubt
HAAYA FOUNDATION FY2025	£589k	—	above	—	no doubt
AL-KHAIR FOUNDATION FY2025	£74.8m	£57,624	unclear	—	no doubt
AL SAAF FOUNDATION LTD FY2025	£212k	—	unclear	—	no doubt

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