Finance Score: 1

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Good trustee age range: +3

No supporters identified

Overall GiG Score: 4

THE ASFARI FOUNDATION

The Asfari Foundation's mission is to help young people make a valuable contribution to society by empowering them through education, research, the power of free thinking and by encouraging the development of civil society. The Foundation does all its work through partnerships with other organisations.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £18,218,120 available, equivalent to 70 months of spending and so may not be able to utilise additional funding

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
31/12/22	£8,105	£3,105	£4,999	£0	£18,218	£18,218	70.4	6
31/12/21	£3,029	£3,098	£-69	£0	£16,288	£16,288	63.1	7
31/12/20	£3,341	£3,418	£-78	£0	£15,244	£15,244	53.5	7
31/12/19	£5,250	£4,410	£839	£0	£16,433	£16,433	44.7	6
31/12/18	£5,442	£4,834	£608	£0	£14,401	£14,401	35.8	6
31/12/17	£4,273	£4,049	£224	£0	£14,014	£14,014	41.5	7
31/12/16	£5,080	£4,015	£1,065	£0	£13,516	£13,516	40.4	7
31/12/15	£3,426	£3,638	£-212	£8	£11,669	£11,669	38.5	6
31/12/14	£2,711	£3,524	£-813	£11	£11,373	£11,373	38.7	4
31/12/13	£4,449	£3,369	£1,080	£9	£11,630	£11,630	41.4	4
31/12/12	£12,804	£2,888	£9,916	£10	£10,391	£10,391	43.2	3
31/12/11	£1,835	£1,331	£505	£10	£568	£568	5.1	1
31/12/10	£761	£636	£125	£11	£63	£63	1.2	0
31/12/09	£291	£218	£73	£0	£0	£0	n/a	0
31/12/08	£469	£308	£162	£0	£0	£0	n/a	0
31/12/07	£246	£235	£11	£0	£0	£0	n/a	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0.4%
Fundraising Costs/Total Spending: 1.1%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 3%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 70.4 months
Net Current Assets/Spending: 5 months
Quick Ratio: 3.8

Asset Split ?

Established: 18 years

www.asfarifoundation.org.uk

admin@asfarifoundation.org.uk

02073723889

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Other Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Other welfare services

How it operates

Makes Grants to Organisations
Other charitable activities
Sponsors or undertakes research

Where it operates

Jordan, Lebanon, Occupied Palestinian Territories, Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Age Range of Trustees: 28-72

ADEEB ASFARI Appointed: 2006, Occupation: Manager

AYMAN ASFARI (Chair) Appointed: 2006, Occupation: Group Ceo, Other trusteeship: MADANIYA,

DR MARWAN MUASHER Appointed: 2014, Occupation: Vice President For Studies

JOHN FERGUSON Appointed: 2014, Occupation: Retired

KAREEM ASFARI Appointed: 2019, Occupation: Director

RASHA ELMASRY Appointed: 2017, Occupation: House Wife

SAWSAN ASFARI Appointed: 2006, Occupation: Housewife, Other trusteeship: THE GALILEE FOUNDATION,

SABA ALMUBASLAT Appointed: 2022, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 10/11/2006, number: 1116751
Registered at Companies House on 18/09/2006, number: 05938633

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

16 returns made; all on time

Main office

THE ASFARI FOUNDATION
Unit A, 1-3 Canfield Place
LONDON
NW6 3BT

Objectives

TO FURTHER SUCH CHARITABLE OBJECTS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT BUT TO INCLUDE THE FOLLOWING2. THE RELIEF OF POVERTY, IN PARTICULAR THROUGH THE PROVISION OF ACCOMMODATION, INCLUDING THE DEVELOPMENT OF ORPHANAGES AND HOMES FOR UNDERPRIVILEGED CHILDREN THROUGHOUT THE WORLD.C. PUBLISHING ANY OTHER EDUCATIONAL MATERIALSD. ORGANISING CONFERENCESE. PROVIDING SCHOLARSHIPS FOR SCHOOLS AND UNIVERSITIES TO SUPPORT UNDERPRIVILEGED CHILDREN TO PURSUE EDUCATION1. THE ADVANCEMENT OF EDUCATION BY ANY OR ALL OF THE FOLLOWING MEANS:A. ESTABLISHING AND SUPPORTING SCHOOLS, UNIVERSITIES AND OTHER EDUCATIONAL FACILITIESB. COMMISSIONING, SUPPORTING OR PROMOTING RESEARCH AND PUBLISHING IN ANY MEDIA THE RESULTS OF THAT RESEARCHH

Defined Area of Benefit:

SYRIA, LEBANON, PALESTINE

Data Sources