CCEW Charity Commission profile

BREAKTHROUGH FOUNDATION

Registered charity 1162536 · organisation 5059271

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
6 July 2015
Removed
Not supplied
Company number supplied
09335387
Financial period
1 January 2024 – 31 December 2024
Latest income
£50,048,344
Latest expenditure
£51,620,336
Gift Aid
No
Owns or uses land
No
In administration
No
Insolvent
No
CIO
No

Public contact address: TULLOCH & CO, 4 HILL STREET, LONDON, W1J 5NE

02 Activities

What the charity does

The provision of grants to the US charities, Breakthrough Prize Foundation and Breakthrough Prize in Life Science Foundation, having primarily scientific and educational objects, in the USA, UK and Israel.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 October 2025
Date Annual Return Received
19 September 2025
Date Accounts Received
19 September 2025
Total Gross Income
£50,048,344
Total Gross Expenditure
£51,620,336
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 October 2024
Date Annual Return Received
17 October 2024
Date Accounts Received
17 October 2024
Total Gross Income
£85,418,138
Total Gross Expenditure
£89,858,295
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 October 2023
Date Annual Return Received
2 October 2023
Date Accounts Received
2 October 2023
Total Gross Income
£51,969,213
Total Gross Expenditure
£46,295,963
Fin Period Start Date
1 January 2021
Fin Period End Date
31 December 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 October 2022
Date Annual Return Received
28 October 2022
Date Accounts Received
28 October 2022
Total Gross Income
£49,017,229
Total Gross Expenditure
£46,054,003
Fin Period Start Date
1 January 2020
Fin Period End Date
31 December 2020
Ar Cycle Reference
AR20
Reporting Due Date
31 October 2021
Date Annual Return Received
5 November 2021
Date Accounts Received
5 November 2021
Total Gross Income
£27,466,936
Total Gross Expenditure
£25,552,629

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR24
Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Due Date
31 October 2025
Ar Received Date
19 September 2025
Total Gross Income
£50,048,344
Total Gross Expenditure
£51,620,336
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR23
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Due Date
31 October 2024
Ar Received Date
17 October 2024
Total Gross Income
£85,418,138
Total Gross Expenditure
£89,858,295
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR22
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Due Date
31 October 2023
Ar Received Date
2 October 2023
Total Gross Income
£51,969,213
Total Gross Expenditure
£46,295,963
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR21
Fin Period Start Date
1 January 2021
Fin Period End Date
31 December 2021
Ar Due Date
31 October 2022
Ar Received Date
28 October 2022
Total Gross Income
£49,017,229
Total Gross Expenditure
£46,054,003
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR20
Fin Period Start Date
1 January 2020
Fin Period End Date
31 December 2020
Ar Due Date
31 October 2021
Ar Received Date
5 November 2021
Total Gross Income
£27,466,936
Total Gross Expenditure
£25,552,629
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR24
Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Due Date
31 October 2025
Ar Received Date
19 September 2025
Income Donations And Legacies
49913431
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
134913
Income Other
0
Income Total Income And Endowments
50048344
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£51,620,336
Expenditure Other
0
Expenditure Total
51620336
Expenditure Investment Management
0
Expenditure Grants Institution
51554810
Expenditure Governance
65526
Expenditure Support Costs
65526
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
0
Assets Own Use
0
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£29,560,487
Assets Total Liabilities
£28,278,049
Assets Current Investment
0
Assets Total Assets And Liabilities
£1,282,438
Creditors One Year Total Current
22695093
Creditors Falling Due After One Year
5582956
Assets Cash
£907,468
Funds Endowment
0
Funds Unrestricted
1282438
Funds Restricted
0
Funds Total
1282438
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR23
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Due Date
31 October 2024
Ar Received Date
17 October 2024
Income Donations And Legacies
85371812
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
46326
Income Other
0
Income Total Income And Endowments
85418138
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£89,858,295
Expenditure Other
0
Expenditure Total
89858295
Expenditure Investment Management
0
Expenditure Grants Institution
89804486
Expenditure Governance
53809
Expenditure Support Costs
53616
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
2188614
Assets Own Use
0
Assets Long Term Investment
2188614
Defined Benefit Pension Scheme
0
Assets Other Assets
£13,660,892
Assets Total Liabilities
£13,043,061
Assets Current Investment
0
Assets Total Assets And Liabilities
£2,806,445
Creditors One Year Total Current
6768412
Creditors Falling Due After One Year
6274649
Assets Cash
£3,481,679
Funds Endowment
0
Funds Unrestricted
2806445
Funds Restricted
0
Funds Total
2806445
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR22
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Due Date
31 October 2023
Ar Received Date
2 October 2023
Income Donations And Legacies
51947724
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
21489
Income Other
0
Income Total Income And Endowments
51969213
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£33,735
Expenditure Charitable Expenditure
£46,262,228
Expenditure Other
0
Expenditure Total
46295963
Expenditure Investment Management
33735
Expenditure Grants Institution
46175762
Expenditure Governance
83198
Expenditure Support Costs
83198
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
1691471
Assets Own Use
0
Assets Long Term Investment
1691471
Defined Benefit Pension Scheme
0
Assets Other Assets
£10,804,431
Assets Total Liabilities
£5,814,436
Assets Current Investment
0
Assets Total Assets And Liabilities
£6,681,466
Creditors One Year Total Current
2907218
Creditors Falling Due After One Year
2907218
Assets Cash
£8,218,752
Funds Endowment
0
Funds Unrestricted
6681466
Funds Restricted
0
Funds Total
6681466
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR21
Fin Period Start Date
1 January 2021
Fin Period End Date
31 December 2021
Ar Due Date
31 October 2022
Ar Received Date
28 October 2022
Income Donations And Legacies
49017229
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
0
Income Other
0
Income Total Income And Endowments
49017229
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£52,923
Expenditure Charitable Expenditure
£46,001,080
Expenditure Other
0
Expenditure Total
46054003
Expenditure Investment Management
52923
Expenditure Grants Institution
45956886
Expenditure Governance
0
Expenditure Support Costs
43246
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
7266194
Assets Own Use
0
Assets Long Term Investment
7266194
Defined Benefit Pension Scheme
0
Assets Other Assets
£10,245,219
Assets Total Liabilities
£14,134,802
Assets Current Investment
0
Assets Total Assets And Liabilities
£3,376,611
Creditors One Year Total Current
9872196
Creditors Falling Due After One Year
4262606
Assets Cash
£1,594,896
Funds Endowment
0
Funds Unrestricted
3376611
Funds Restricted
0
Funds Total
3376611
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR20
Fin Period Start Date
1 January 2020
Fin Period End Date
31 December 2020
Ar Due Date
31 October 2021
Ar Received Date
5 November 2021
Income Donations And Legacies
27451703
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
15233
Income Other
0
Income Total Income And Endowments
27466936
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£25,552,629
Expenditure Other
0
Expenditure Total
25552629
Expenditure Investment Management
0
Expenditure Grants Institution
1907823
Expenditure Governance
115823
Expenditure Support Costs
115823
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
7517101
Assets Own Use
0
Assets Long Term Investment
7517101
Defined Benefit Pension Scheme
0
Assets Other Assets
£944,143
Assets Total Liabilities
£17
Assets Current Investment
0
Assets Total Assets And Liabilities
£8,461,227
Creditors One Year Total Current
17
Creditors Falling Due After One Year
0
Assets Cash
£944,143
Funds Endowment
0
Funds Unrestricted
8461227
Funds Restricted
0
Funds Total
8461227
Count Employees
0
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Country
Geographic Area Description
United States
Parent Geographic Area Type
Continent
Parent Geographic Area Description
North America
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Israel
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Asia
Welsh Ind
No
Geographic Area Type
Local Authority
Geographic Area Description
City Of London
Parent Geographic Area Type
Metropolitan Counties
Parent Geographic Area Description
Greater London
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
117
Classification Type
What
Classification Description
Other Charitable Purposes

08 Official extract

Charity Event History

Charity Name
BREAKTHROUGH FOUNDATION
Charity Event Order
1
Event Type
Standard registration
Date Of Event
2015-07-06T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES INCORPORATED 01 DEC 2014AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 25/06/2015 as amended on 15 Jun 2020 as amended on 18 Jul 2022 as amended on 23 Dec 2022
Charitable Objects
1. FOR THE PUBLIC BENEFIT, TO ADVANCE KNOWLEDGE AND LEARNING IN RESEARCH OF USEFUL SUBJECTS OF STUDY BY:• GRANTING AWARDS FOR UNDERTAKING RESEARCH AND DISSEMINATING THE USEFUL RESULTS TO THE PUBLIC; AND• RECOGNISING OUTSTANDING ACHIEVEMENTS IN RESEARCH TO ACT AS AN INCENTIVE TO OTHERS.2. TO PROMOTE SUCH OTHER PURPOSES AS ARE CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES.
Area Of Benefit
UNITED STATES OF AMERICA ISRAEL

10 Official extract

Charity Other Names

Charity Name Id
556557
Charity Name Type
Previous name
Charity Name
MILNER FOUNDATION

11 Official extract

Charity Policy

Policy Name
Financial reserves policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Conflicting interests
Policy Name
Investing charity funds policy and procedures
Policy Name
Internal risk management policy and procedures
Policy Name
Trustee conflicts of interest policy and procedures