Overall GiG Score: 2 ?
Finance Score: 1
Governance Score: 1
Support Score: 0
  • Poor Liquidity: -1
  • Good Reserves: +1Multiple Deficits: -2
  • Fundraising costs low: +3
  • Narrow trustee age band: -2
  • Dynamic board: +3
  • No supporters identified

INTERNATIONAL FINANCE FACILITY FOR IMMUNISATION COMPANY 

IFFIm's primary purpose is to function as a financing vehicle in order to support the GAVI Alliance in accelerating the provision of charitable funds for vaccination and health systems strengthening projects in developing countries. IFFIm is funded by grants pledged by U.K. and international governments. IFFIm is unable to accept donations from members of the public.
Analysis by Giving is Great

Positives:

  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • This charity only provides its support via other charities
  • The Board has little diversity in terms of age

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
  • On several occasions in recent years income has been less than spending
Established: 18 years

http://www.iffim.org/

paul.doe@linklaters.com

02074562000

Charity Commission for England and WalesCompanies House

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/22£443,007£413,768£29,238£19,784£1,326,343£1,326,34338.500
31/12/21£523,659£1,062,806£-539,147£8,909£1,195,932£1,195,93213.500
31/12/20£1,059,429£171,737£887,692£5,330£1,684,608£1,684,608117.700
31/12/19£65,471£189,060£-123,590£18,365£849,627£0n/a00
31/12/18£24,049£21,583£2,467£18,661£941,008£0n/a00
31/12/17£167,420£59,794£107,626£17,894£771,775£0n/a00
31/12/16£23,235£52,400£-29,165£13,139£657,126£0n/a00
31/12/15£3,856£24,924£-21,068£1,241£514,584£0n/a00
31/12/14£2,459£34,950£-32,491£1,704£436,339£0n/a00
31/12/13£3,103£55,304£-52,201£1,729£345,745£0n/a00
31/12/12£4,580£315,549£-310,969£1,892£266,145£0n/a00
31/12/11£95,337£234,240£-138,903£1,713£502,399£0n/a00
31/12/10£264,172£352,241£-88,069£1,899£616,113£0n/a00
31/12/09£63,315£478,482£-415,167£1,914£588,557£0n/a00
31/12/08£26,221£217,368£-191,147£1,518£1,045,664£0n/a00
31/12/07£348,153£119,847£228,307£1,729£915,521£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 4.6%
Fundraising Costs/Total Spending: 4.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 64%
Liabilities/Income: 530%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 38.5 months
Net Current Assets/Spending: 92 months
Quick Ratio: 0
Asset Split ?
What it does
  • The Advancement Of Health Or Saving Of Lives
Who it helps
  • Other Charities Or Voluntary Bodies
How it operates
  • Makes Grants to Organisations
Where it operates
  • Switzerland,

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split
Based on 7/8 persons

Age Range of Trustees: 57-73
  • KENNETH LAY (Chair) Appointed: 2020, Occupation: Senior Managing Director - Investment Managing
  • MONIQUE BARBUT Appointed: 2021, Occupation: President Of The World Wide Fund For Nature France
Legal constitution
  • Charitable company registered in England & Wales on 18/07/2006, number: 1115413
  • Registered at Companies House on 26/06/2006, number: 05857343
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Filing Record
16 returns made; all on time
Main office

Carpenter Court, 1 Maple Road
Bramhall
Stockport
Cheshire
England
SK7 2DH

Objectives

TO PROMOTE THE EFFECTIVE USE OF THE RESOURCES OF GAVI ORGANISATIONS FOR CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC BY PROVIDING SERVICES AND FACILITIES WHICH WILL ASSIST GAVI ORGANISATIONS TO RAISE FUNDS. SUCH PROVISION OF SERVICES AND FACILITIES MAY INCLUDE, BUT WILL NOT BE LIMITED TO, THE CHARITY BORROWING MONEY BY ANY MEANS ON THE SECURITY OF COVENANTS OR OTHER AGREEMENTS WHEREBY GOVERNMENTS PROMISE FUNDS TO GAVI ORGANISATIONS FOR CHARITABLE PURPOSES AND, IN CONNECTION WITH SUCH BORROWING, OBTAINING ANY OTHER KIND OF FINANCIAL ACCOMMODATION OR ENTERING INTO ANY HEDGING ARRANGEMENT.IN THIS CLAUSE:I 'CHARITABLE PURPOSES' MEANS THE RELIEF OF SICKNESS AND THE PROMOTION, PROTECTION AND PRESERVATION OF GOOD HEALTH AMONG PEOPLE IN DEVELOPING COUNTRIES;II 'GAVI ORGANISATIONS' MEANS THE GAVI FUND AFFILIATE AND OTHER CHARITIES AND VOLUNTARY ORGANISATIONS SUPPORTED BY OR ASSOCIATED WITH THE GLOBAL ALLIANCE FOR VACCINATION AND IMMUNISATION (GAVI).III 'VOLUNTARY ORGANISATIONS' MEANS INDEPENDENT ORGANISATIONS WHICH ARE ESTABLISHED FOR PURPOSES THAT BENEFIT THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY, AND WHICH ARE NOT PERMITTED BY THEIR CONSTITUTION TO MAKE A PROFIT FOR PRIVATE DISTRIBUTION.

Defined Area of Benefit:

UNDEFINED. NATIONAL OR OVERSEAS.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great