The London Foundation for Banking & Finance

Registered charity 297107 · accounts filings on the Charity Commission register · also known as IFS SCHOOL OF FINANCE, IFS UNIVERSITY COLLEGE, THE CHARTERED INSTITUTE OF BANKERS, THE LONDON INSTITUTE OF BANKING & FINANCE

We exist to help students from around the world access industry-leading financial education by providing a range of scholarships, bursaries and grants. Our aim is to remove barriers to entry into the sector and support students from different backgrounds who wish to further their knowledge and experience. We also recognise the highest level of professional competence by awarding chartered status.

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity held total funds of £17.4m at 31 July 2025, comprising £16.9m in unrestricted reserves and £0.5m in restricted funds. Per the trustees' report, these reserves are considered significant and sufficient to finance charitable activities for a number of years, with the charity reporting a surplus for the year of £328,239.

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

What the accounts disclose

Accounts audited by Menzies LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Per its annual return, largest income source: Investments (90% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

• Received assets from another charity (11/07/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• BINTA DARBOE
• Quentin Garrett Nason · trustee of 1 other charity
• SABRINA DEL PRETE
• Stephen Andrew Mann
• Steven Jeffrey Darrington

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

Operates in: Throughout England And Wales

Income and spending

Common questions

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 ROWLAND EDUCATIONAL FOUNDATION.

• THE ROWLAND EDUCATIONAL FOUNDATION income £378k
• LONDON CHRISTIAN SCHOOL LTD income £1.6m
• THE CHARITABLE FOUNDATION FOR EDUCATION DEVELOPMENT income £259k
• THE LYTHAM SCHOOLS FOUNDATION income £316k
• LONDON COLLEGE OF BUSINESS STUDIES income £1.9m
• Lloyd's of London Foundation income £1.5m

Side by side with its peers

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