STELIOS PHILANTHROPIC FOUNDATION

Charity number: 1141206
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Stelios Philanthropic Foundation supports activities in the places where the founder lived and worked:UK,Greece,Cyprus and Monaco. 1.funding scholarships for students 2.supporting entrepreneurship with cash prizes to stimulate economic growth/job creation. 3.donating money to charities 4.operating programme in Greece-Cyprus 'Food from the heart' that offers daily snacks to people in need

Income and expenditure

Data for financial year ending 30 September 2023

Total income:
£16,290,696

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Donations and legacies £16.12m
Charitable activities £0
Other trading activities £0
Investments £169.36k
Other £0

Total expenditure:
£6,455,419

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Raising funds £437.42k
Charitable activities £6.02m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £437.42k
Charitable expenditure £6.02m
Retained for future use £9.84m

People

4 Employee(s)

7 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for being a trustee.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • Disability
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • Cyprus
  • France
  • Germany
  • Greece
  • Indonesia
  • Lebanon
  • Monaco
  • Romania
  • South Africa
  • Switzerland
  • Turkey
  • United States

Governance

Registration history:
  • 06 April 2011: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
07567138 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Safeguarding policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases 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

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
SIR STELIOS HAJI-IOANNOU Chair 06 April 2011
None on record
Irene Rouvitha Panou Trustee 22 May 2022
None on record
David Watson Trustee 13 February 2017
None on record
Donald Michael Manasse Trustee 13 February 2017
None on record
Jean-Claude Louis Eude Trustee 13 February 2017
None on record
Nikolaos Mourkogiannis Trustee 13 February 2017
None on record
Malcom Peter Barton DL Trustee 06 April 2011
None on record

Financial history

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Financial period end date

Income / Expenditure 30/09/2019 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Total gross income £13.07m £6.23m £1.20k £10.50m £16.29m
Total expenditure £6.03m £3.68m £1.70m £2.92m £6.46m
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 £13.07m £6.22m N/A £10.50m £16.12m
Income - Other trading activities £0 £0 N/A £0 £0
Income - Charitable activities £0 £0 N/A £0 £0
Income - Endowments £0 £0 N/A £0 £0
Income - Investment £0 £12.83k N/A £0 £169.36k
Income - Other £0 £0 N/A £0 £0
Income - Legacies £0 £0 N/A £0 £0
Expenditure - Charitable activities £5.92m £3.62m N/A £2.59m £6.02m
Expenditure - Raising funds £109.69k £65.49k N/A £327.68k £437.42k
Expenditure - Governance £469.34k £422.41k N/A £800.54k £110.30k
Expenditure - Grants institution £3.44m £1.68m N/A £1.39m £3.83m
Expenditure - Investment management £0 £0 N/A £0 £0
Expenditure - Other £0 £0 N/A £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 30/09/2019 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Own use assets £12.22m £16.47m N/A £16.48m £17.61m
Long-term investments £0 £0 N/A £0 £0
Other assets £6.54m £961.57k N/A £6.16m £14.84m
Defined benefit pension scheme asset or liability £0 £0 N/A £0 £0
Total liabilities £3.76m £1.37m N/A £702.40k £683.62k

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 September 2023 19 April 2024 On Time
Accounts and TAR 30 September 2023 19 April 2024 On Time Download Open in new window
Annual return 30 September 2022 17 February 2023 On Time
Accounts and TAR 30 September 2022 21 April 2023 On Time Download Open in new window
Annual return 30 September 2021 17 May 2022 On Time
Accounts and TAR 30 September 2021 Not Required
Annual return 30 September 2020 27 July 2021 On Time
Accounts and TAR 30 September 2020 27 July 2021 On Time Download Open in new window
Annual return 30 September 2019 10 July 2020 On Time
Accounts and TAR 30 September 2019 17 December 2019 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 16/03/2011 as amended on 26 Jul 2019 as amended on 10 Apr 2024

Charitable objects

THE OBJECTS OF THE CHARITY ARE FOR THE BENEFIT OF THE PUBLIC TO: 3.1 PREVENT OR RELIEVE POVERTY BY PROVIDING GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED, IN PARTICULAR THE DISABLED, PEOPLE IN POVERTY AND DISADVANTAGED YOUNG PEOPLE, AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY; 3.2 ADVANCE THE EDUCATION OF THE PUBLIC IN SUCH WAYS AS THE TRUSTEES THINK FIT, INCLUDING BY AWARDING SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY UNIVERSITY, COLLEGE OR INSTITUTION OF HIGHER OR FURTHER EDUCATION; 3.3 PROMOTE THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT; 3.4 ADVANCE IN LIFE AND HELP YOUNG PEOPLE THROUGH PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS; 3.5 DEVELOP THE CAPACITY AND SKILLS OF THE MEMBERS OF SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY; 3.6 PROMOTE SOCIAL INCLUSION AMONGST PEOPLE WITH DISABILITIES WHO ARE SOCIALLY EXCLUDED BY PROVIDING THEM WITH AN OPPORTUNITY TO BUILD CAPACITY BY ESTABLISHING AND GROWING A BUSINESS TO RELIEVE THE NEEDS OF THOSE PEOPLE AND ASSIST THEM TO INTEGRATE INTO SOCIETY; 3.7 PROMOTE NATIONAL AND INTERNATIONAL CONFLICT RESOLUTION AND RECONCILIATION WITH A VIEW TO RELIEVING SUFFERING, POVERTY AND DISTRESS AND BUILDING AND MAINTAINING SOCIAL COHESION AND TRUST WITHIN AND BETWEEN COMMUNITIES; AND 3.8 PROMOTE SUCH OTHER PURPOSES FOR THE BENEFIT OF THE PUBLIC AS SHALL BE EXCLUSIVELY CHARITABLE, AND (SAVE FOR PURPOSES INCIDENTAL AND ANCILLARY TO THOSE OBJECTS), NO OTHER PURPOSES.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNITED KINGDOM, CYPRUS, GREECE AND MONACO

Contact information

Address:
34 Thurloe Square
South Kensington
London
SW7 2SR
Phone:
02080755044
Email:
RSVP@STELIOS.COM
Website:

www.stelios.org Open in new window