Question 1

What is the mission of ICAEW FOUNDATION?

Accepted Answer

The Foundation and linked charities(except CACIP which acts as the charities' investment vehicle)provide donations for public benefit in areas of particular interest to the ICAEW,i.e.the advancement of education particularly in accounting and related subjects, provision of a library and information service, funds prizes awarded through ICAEW's exams and funds academic research projects and events.

Question 2

What is the financial size of ICAEW FOUNDATION?

Accepted Answer

ICAEW FOUNDATION is classified as a large charity. In the latest financial year, they reported a total income of £1,210,526 and total expenditure of £1,380,041.

Question 3

How does ICAEW FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 93.7% goes directly to charitable activities. The remaining 6.3% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of ICAEW FOUNDATION?

Accepted Answer

ICAEW FOUNDATION employs 5 staff members and is supported by 0 volunteers.

Question 5

Does ICAEW FOUNDATION receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does ICAEW FOUNDATION pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

ICAEW FOUNDATION

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