Icaew Foundation
Analysis
Icaew Foundation is a registered charity in England and Wales, based in London. It was registered in September 1962, 64 years ago. Its declared purposes cover general charitable purposes and education/training, which this site groups under education and training. 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, Icaew Foundation reported income of £1.2m and spending of £1.4m, spending 114% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £1.0m to £1.2m (+18%), an average of +4.3% a year. Over the whole period it spent 107% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Icaew Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include The Geographical Association (£1.2m), everyFAMILY Limited (£1.2m) and Nicholas Chamberlaine's School Foundation (£1.2m).
In its latest detailed accounts, income came from donations and legacies 68% and investments 32%. Charitable activities took 93% of spending and raising funds 6.3%. Grants to other organisations totalled £445k. Reserves of £20.3m would cover about 175 months of spending at that rate. It employed 5 people.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Donations 68%
- Investments 32%
In the charity's own words
The Foundation and linked charities(except CACIP which acts as the charities' investment vehicle)provide donations for public benefit in areas of particular interest to the ICAEW,i.e.the advancement of education particularly in accounting and related subjects, provision of a library and information service, funds prizes awarded through ICAEW's exams and funds academic research projects and events.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Geographical Association | Sheffield | £1.2m |
| everyFAMILY Limited | Bristol | £1.2m |
| Nicholas Chamberlaine's School Foundation | Coventry | £1.2m |
| Onwards & Upwards | London | £1.2m |