The Lakshmi N Mittal Family Foundation

Analysis

The Lakshmi N Mittal Family Foundation is a registered charity in England and Wales, based in London. It was registered in March 2012, 14 years ago. Its declared purposes cover general charitable purposes, which this site groups under children and youth development. Legally it is a charitable trust. It says it makes grants to individuals and makes grants to organisations.

In the financial year ending December 2025, The Lakshmi N Mittal Family Foundation reported income of £4.2m and spending of £8.5m, spending 203% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £113k to £4.2m (+3573%), an average of +146% a year. The sharpest change came in the year to December 2022, when income rose by 14827%. Over the whole period it spent 94% of the income it received.

Among 5,641 England and Wales charities whose main cause is children and youth development and that reported income, The Lakshmi N Mittal Family Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Actis Acts CIO (£4.0m), Missing People Limited (£4.2m) and Dudley Council for Voluntary Service (£3.4m).

In its latest detailed accounts, income came from donations and legacies 82% and investments 18%. Charitable activities took 41% of spending and raising funds 0.0%. Grants to other organisations totalled £3.5m. Reserves of £3.6m would cover about 5 months of spending at that rate.