AGA KHAN FOUNDATION (UNITED KINGDOM)
Latest income
£63.6m
Latest spending
£49.7m
Registered
1973
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total reserves increased by 6% to £250.4m, with cash reserves rising to £73.6m. The trustees confirm that adequate assets are available to fulfill future obligations and that the charity has sufficient funds to meet liabilities as they fall due for the next 12 months.
What the accounts disclose
Reserves policy: two months of administrative expenses (held: £400k)
“AKF (UK) has established a policy whereby the level of its free reserves (being those funds not tied up in fixed assets and not part of designated funds or restricted funds) should be sufficient to sustain its administrative expenses for at least two months.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: AKF (UK) provides grants and institutional development funding to related AKDN agencies, including Aga Khan University and The Institute of Ismaili Studies.
“In 2024 AKF (UK) made institutional development grants totalling £6.9m primarily to the Aga Khan University and The Institute of Ismaili Studies (IIS).” — page 8
“Debtors with other AKDN Agencies includes £22k with AKF Geneva (2023: £117k), £0k with Aga Khan Schools (2023: £15k), £27k with Aiglemont French Delegation (2023: £0k), £6k with AKAH (2023: £0k), £0k with AKDN (2023: £179k) and £44k with AKF Afghanistan (2023: £0k).” — page 31
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: AKF (UK) holds debtors with other AKDN agencies, including £22k with AKF Geneva.
“In 2024 AKF (UK) made institutional development grants totalling £6.9m primarily to the Aga Khan University and The Institute of Ismaili Studies (IIS).” — page 8
“Debtors with other AKDN Agencies includes £22k with AKF Geneva (2023: £117k), £0k with Aga Khan Schools (2023: £15k), £27k with Aiglemont French Delegation (2023: £0k), £6k with AKAH (2023: £0k), £0k with AKDN (2023: £179k) and £44k with AKF Afghanistan (2023: £0k).” — page 31
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£63.6m
Total spending
£49.7m
Reserves (reported)
£379k
Employees
75
Trustees
- His Highness Prince Rahim Aga Khanchair
- Alan Abela
- JANE PIACENTINI-MOORE
- PRINCE AMYN MOHAMED AGA KHAN
- PRINCESS ZAHRA AGA KHAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £63.6m | £49.7m |
| 31/12/2023 | £58.8m | £58.1m |
| 31/12/2022 | £71.8m | £59.0m |
| 31/12/2021 | £57.1m | £54.4m |
| 31/12/2020 | £59.0m | £45.0m |
Common questions
Is AGA KHAN FOUNDATION (UNITED KINGDOM) financially healthy?
The accounts state that total reserves increased by 6% to £250.4m, with cash reserves rising to £73.6m. The trustees confirm that adequate assets are available to fulfill future obligations and that the charity has sufficient funds to meet liabilities as they fall due for the next 12 months. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| SABEEL FOUNDATION | 1 | £424k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £150k |
| SYNCHRONICITY EARTH | 1 | £104k |
| BUPA FOUNDATION | 1 | £60k |
| EPSOM AND EWELL ISLAMIC SOCIETY | 1 | £52k |
| SWIRE 2765 | 1 | £50k |
| THE ESPRIT FOUNDATION | 1 | £25k |