The Eighty Eight Foundation

Analysis

The Eighty Eight Foundation is a registered charity in England and Wales, based in London. It was registered in November 2012, 14 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. Legally it is a charitable trust. It says it makes grants to individuals and makes grants to organisations.

In the financial year ending March 2025, The Eighty Eight Foundation reported income of £7.0m and spending of £4.7m, leaving 32% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £3.7m to £7.0m (+86%), an average of +17% a year. The sharpest change came in the year to March 2025, when income rose by 242%. Over the whole period it spent 88% of the income it received.

Among 5,976 England and Wales charities whose main cause is grant-making and general purposes and that reported income, The Eighty Eight Foundation sits at the 99th 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 Sutl Cazenove Charity Ucits Fund (£6.9m), The Bloom Foundation (£7.0m) and The Rayners Penn Foundation (£6.6m).

In its latest detailed accounts, income came from donations and legacies 94% and investments 6.0%. Charitable activities took 97% of spending and raising funds 2.5%. Grants to other organisations totalled £4.6m. Reserves of £21.9m would cover about 55 months of spending at that rate.