MIT FOUNDATION (UK) LIMITED

Charity number: 1158803
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The advancement of learning and education in particular at Massachusetts Institute of Technology; and such other exclusively charitable purposes as the Trustees may in their absolute discretion determine.

Income and expenditure

Data for financial year ending 30 June 2024

Total income: £405,515
Total expenditure: £397,555

People

3 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • United States

Governance

Registration history:
  • 07 October 2014: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
09102473 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
John Alexander Dodds Trustee 11 October 2023
None on record
Katherine Ridgway Hammer Trustee 15 November 2021
None on record
RAMZI RISHANI Trustee 25 June 2014
None on record

Financial history

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Financial period end date

Income / Expenditure 30/06/2020 30/06/2021 30/06/2022 30/06/2023 30/06/2024
Total gross income £546.56k £1.73m £1.34m £5.43m £405.52k
Total expenditure £496.15k £1.79m £1.34m £5.43m £397.56k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £546.51k £1.73m £1.34m £5.43m N/A
Income - Other trading activities £0 £0 £0 £0 N/A
Income - Charitable activities £0 £0 £0 £0 N/A
Income - Endowments £0 £0 £0 £0 N/A
Income - Investment £52 £59 £70 £78 N/A
Income - Other £0 £0 £0 £0 N/A
Income - Legacies £0 £0 £0 £0 N/A
Expenditure - Charitable activities £496.15k £1.79m £1.34m £5.43m N/A
Expenditure - Raising funds £0 £0 £0 £0 N/A
Expenditure - Governance £4.25k £7.05k £0 £48.22k N/A
Expenditure - Grants institution £491.90k £1.79m £0 £5.38m N/A
Expenditure - Investment management £0 £0 £0 £0 N/A
Expenditure - Other £0 £0 £0 £0 N/A

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 June 2024 14 April 2025 On Time
Accounts and TAR 30 June 2024 14 April 2025 On Time Download Open in new window
Annual return 30 June 2023 19 March 2024 On Time
Accounts and TAR 30 June 2023 19 March 2024 On Time Download Open in new window
Annual return 30 June 2022 06 March 2023 On Time
Accounts and TAR 30 June 2022 06 March 2023 On Time Download Open in new window
Annual return 30 June 2021 08 April 2022 On Time
Accounts and TAR 30 June 2021 08 April 2022 On Time Download Open in new window
Annual return 30 June 2020 19 April 2021 On Time
Accounts and TAR 30 June 2020 19 April 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 25 JUN 2014

Charitable objects

THE OBJECTS OF THE CHARITY ARE: (A) THE ADVANCEMENT OF LEARNING AND EDUCATION IN PARTICULAR AT MASSACHUSETTS INSTITUTE OF TECHNOLOGY; AND (B) SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.

Contact information

Address:
19 NORCOTT ROAD
LONDON
N16 7EJ
Phone:
02075022813
Email:
No information available
Website:

No information available