CCEW Charity Commission profile

GLOBAL INNOVATION FUND

Registered charity 1171353 · organisation 5061983

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
27 January 2017
Removed
Not supplied
Company number supplied
09223487
Financial period
1 January 2024 – 31 December 2024
Latest income
£16,552,431
Latest expenditure
£10,467,068
Gift Aid
No
Owns or uses land
Yes
In administration
No
Insolvent
No
CIO
No

Public contact address: WEWORK C/O GLOBAL INNOVATION FUND, 8 DEVONSHIRE SQUARE, LONDON, EC2M 4PL

Website recorded by the regulator: http://www.globalinnovation.fund/ (displayed as text)

02 Activities

What the charity does

GIF finds, funds and scales-up cost-effective, evidence-based social innovations that have the potential to measurably improve the lives of millions of people living on $5 a day or less in the developing world. GIF deploys grant and risk capital instruments to support a range of innovators across the globe to accelerate the development, rigorous testing, and scaling of innovations.

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
31 October 2025
Date Accounts Received
31 October 2025
Total Gross Income
£16,552,431
Total Gross Expenditure
£10,467,068
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
31 October 2024
Date Accounts Received
31 October 2024
Total Gross Income
£5,444,461
Total Gross Expenditure
£8,172,305
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
31 October 2023
Date Accounts Received
31 October 2023
Total Gross Income
£7,874,000
Total Gross Expenditure
£17,632,000
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
16 September 2022
Date Accounts Received
28 September 2022
Total Gross Income
£6,164,000
Total Gross Expenditure
£17,821,000
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
26 October 2021
Date Accounts Received
26 October 2021
Total Gross Income
£18,064,000
Total Gross Expenditure
£18,062,000

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
31 October 2025
Total Gross Income
£16,552,431
Total Gross Expenditure
£10,467,068
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£2
Income From Government Grants
£16,173,599
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
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
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
4
Count Salary Band 70001 80000
3
Count Salary Band 80001 90000
1
Count Salary Band 90001 100000
4
Count Salary Band 100001 110000
1
Count Salary Band 110001 120000
1
Count Salary Band 120001 130000
1
Count Salary Band 130001 140000
2
Count Salary Band 140001 150000
0
Count Salary Band 150001 200000
1
Count Salary Band 300001 350000
1
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
31 October 2024
Total Gross Income
£5,444,461
Total Gross Expenditure
£8,172,305
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£1
Income From Government Grants
£5,029,591
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
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
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
3
Count Salary Band 70001 80000
3
Count Salary Band 80001 90000
1
Count Salary Band 90001 100000
2
Count Salary Band 100001 110000
2
Count Salary Band 110001 120000
3
Count Salary Band 120001 130000
2
Count Salary Band 130001 140000
0
Count Salary Band 140001 150000
1
Count Salary Band 150001 200000
3
Count Salary Band 200001 250000
1
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
31 October 2023
Total Gross Income
£7,874,000
Total Gross Expenditure
£17,632,000
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£5
Income From Government Grants
£2,241,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
2
Count Salary Band 70001 80000
2
Count Salary Band 80001 90000
6
Count Salary Band 90001 100000
4
Count Salary Band 100001 110000
2
Count Salary Band 110001 120000
3
Count Salary Band 120001 130000
1
Count Salary Band 130001 140000
1
Count Salary Band 140001 150000
2
Count Salary Band 200001 250000
1
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
16 September 2022
Total Gross Income
£6,164,000
Total Gross Expenditure
£17,821,000
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£1
Income From Government Grants
£3,000,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
3
Count Salary Band 70001 80000
6
Count Salary Band 80001 90000
1
Count Salary Band 90001 100000
3
Count Salary Band 100001 110000
4
Count Salary Band 110001 120000
3
Count Salary Band 120001 130000
1
Count Salary Band 130001 140000
1
Count Salary Band 140001 150000
1
Count Salary Band 150001 200000
1
Count Salary Band 200001 250000
1
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
26 October 2021
Total Gross Income
£18,064,000
Total Gross Expenditure
£18,062,000
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£4
Income From Government Grants
£8,801,447
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
5
Count Salary Band 70001 80000
5
Count Salary Band 80001 90000
2
Count Salary Band 90001 100000
3
Count Salary Band 100001 110000
3
Count Salary Band 120001 130000
1
Count Salary Band 130001 140000
1
Count Salary Band 150001 200000
3
Count Salary Band 200001 250000
3
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
31 October 2025
Income Donations And Legacies
16173599
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
378832
Income Other
0
Income Total Income And Endowments
16552431
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£391,617
Expenditure Charitable Expenditure
£8,276,002
Expenditure Other
1799449
Expenditure Total
10467068
Expenditure Investment Management
0
Expenditure Grants Institution
2597556
Expenditure Governance
783232
Expenditure Support Costs
1452071
Expenditure Depreciation
0
Gain Loss Investment
-1555765
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
-255743
Reserves
£2,317,035
Assets Total Fixed
13455810
Assets Own Use
0
Assets Long Term Investment
13455810
Defined Benefit Pension Scheme
0
Assets Other Assets
£13,189,052
Assets Total Liabilities
£214,566
Assets Current Investment
0
Assets Total Assets And Liabilities
£26,430,296
Creditors One Year Total Current
214566
Creditors Falling Due After One Year
0
Assets Cash
£13,014,730
Funds Endowment
0
Funds Unrestricted
19143363
Funds Restricted
7286933
Funds Total
26430296
Count Employees
0
Consolidated 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
31 October 2024
Income Donations And Legacies
5072409
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
208717
Income Other
163515
Income Total Income And Endowments
5444641
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£306,203
Expenditure Charitable Expenditure
£7,508,866
Expenditure Other
357236
Expenditure Total
8172305
Expenditure Investment Management
0
Expenditure Grants Institution
3068929
Expenditure Governance
612405
Expenditure Support Costs
1281890
Expenditure Depreciation
0
Gain Loss Investment
-825346
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
230413
Reserves
£157,094
Assets Total Fixed
13079846
Assets Own Use
0
Assets Long Term Investment
13079846
Defined Benefit Pension Scheme
0
Assets Other Assets
£6,963,741
Assets Total Liabilities
£98,194
Assets Current Investment
0
Assets Total Assets And Liabilities
£19,945,393
Creditors One Year Total Current
98194
Creditors Falling Due After One Year
0
Assets Cash
£6,245,876
Funds Endowment
0
Funds Unrestricted
16291798
Funds Restricted
3653595
Funds Total
19945393
Count Employees
29
Consolidated 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
31 October 2023
Income Donations And Legacies
7735000
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
136000
Income Other
3000
Income Total Income And Endowments
7874000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£753,000
Expenditure Charitable Expenditure
£16,000,000
Expenditure Other
879000
Expenditure Total
17632000
Expenditure Investment Management
0
Expenditure Grants Institution
5081000
Expenditure Governance
1506000
Expenditure Support Costs
2593000
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
-4891000
Gain Loss Other
0
Reserves
£2,512,000
Assets Total Fixed
12565000
Assets Own Use
0
Assets Long Term Investment
12565000
Defined Benefit Pension Scheme
0
Assets Other Assets
£12,612,000
Assets Total Liabilities
£1,483,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£23,694,000
Creditors One Year Total Current
1483000
Creditors Falling Due After One Year
0
Assets Cash
£12,045,000
Funds Endowment
0
Funds Unrestricted
18177000
Funds Restricted
5517000
Funds Total
23694000
Count Employees
33
Consolidated 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
16 September 2022
Income Donations And Legacies
5864000
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
225000
Income Other
75000
Income Total Income And Endowments
6164000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£744,000
Expenditure Charitable Expenditure
£16,210,000
Expenditure Other
867000
Expenditure Total
17821000
Expenditure Investment Management
0
Expenditure Grants Institution
5425000
Expenditure Governance
1488000
Expenditure Support Costs
2449000
Expenditure Depreciation
0
Gain Loss Investment
75000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
-5597000
Gain Loss Other
0
Reserves
£7,500,000
Assets Total Fixed
13897000
Assets Own Use
0
Assets Long Term Investment
13897000
Defined Benefit Pension Scheme
0
Assets Other Assets
£16,674,000
Assets Total Liabilities
£436,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£30,135,000
Creditors One Year Total Current
436000
Creditors Falling Due After One Year
0
Assets Cash
£16,494,000
Funds Endowment
0
Funds Unrestricted
27240000
Funds Restricted
2895000
Funds Total
30135000
Count Employees
35
Consolidated 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
26 October 2021
Income Donations And Legacies
0
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
454000
Income Other
1193000
Income Total Income And Endowments
1647000
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£592,000
Expenditure Charitable Expenditure
£16,780,000
Expenditure Other
690000
Expenditure Total
18062000
Expenditure Investment Management
0
Expenditure Grants Institution
8203000
Expenditure Governance
1183000
Expenditure Support Costs
2566000
Expenditure Depreciation
0
Gain Loss Investment
129000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£4,517,000
Assets Total Fixed
18375000
Assets Own Use
0
Assets Long Term Investment
18375000
Defined Benefit Pension Scheme
0
Assets Other Assets
£23,492,000
Assets Total Liabilities
£367,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£41,500,000
Creditors One Year Total Current
367000
Creditors Falling Due After One Year
0
Assets Cash
£23,302,000
Funds Endowment
0
Funds Unrestricted
37185000
Funds Restricted
4315000
Funds Total
41500000
Count Employees
39
Consolidated Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Country
Geographic Area Description
Turkmenistan
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Asia
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Macedonia
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Marshall Islands
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Oceania
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Grenada
Parent Geographic Area Type
Continent
Parent Geographic Area Description
North America
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Congo (Democratic Republic)
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Central African Republic
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Gabon
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Maldives
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Asia
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Morocco
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Argentina
Parent Geographic Area Type
Continent
Parent Geographic Area Description
South America
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
El Salvador
Parent Geographic Area Type
Continent
Parent Geographic Area Description
North America
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Serbia
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Liberia
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Madagascar
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
China
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Asia
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Angola
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Indonesia
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Asia
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Haiti
Parent Geographic Area Type
Continent
Parent Geographic Area Description
North America
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Ghana
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Africa
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Laos
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Asia
Welsh Ind
No

Showing 20 of 138 supplied records in this dataset.

07 Official extract

Charity Classification

Classification Code
113
Classification Type
What
Classification Description
Economic/community Development/employment
Classification Code
106
Classification Type
What
Classification Description
Overseas Aid/famine Relief
Classification Code
206
Classification Type
Who
Classification Description
Other Defined Groups
Classification Code
303
Classification Type
How
Classification Description
Provides Other Finance
Classification Code
301
Classification Type
How
Classification Description
Makes Grants To Individuals
Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
105
Classification Type
What
Classification Description
The Prevention Or Relief Of Poverty

08 Official extract

Charity Event History

Charity Name
GLOBAL INNOVATION FUND
Charity Event Order
1
Event Type
Standard registration
Date Of Event
2017-01-27T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES INCORPORATED 17 SEP 2014AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 15 DEC 2016AS AMENDED BY SPECIAL RESOLUTION(S) DATED 22 OCT 2018AS AMENDED BY SPECIAL RESOLUTION(S) DATED 01 FEB 2022 as amended on 16 Jul 2024
Charitable Objects
5.1 THE OBJECTS OF GIF (THE "OBJECTS") ARE:5.1.1 THE RELIEF OF THOSE IN NEED ARISING BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE AMONGST THE WORLD'S POOR IN DEVELOPING COUNTRIES FOR THE PUBLIC BENEFIT BY THE PROVISION OF GRANTS, LOANS, SOCIAL INVESTMENT, EQUITY OR OTHER FINANCIAL ASSISTANCE TO FUND OR OTHERWISE ASSIST IN FINANCING PROJECTS, PROGRAMMES, OR PRODUCTS WHICH HAVE THE CAPACITY TO DEVELOP INTO LARGE SCALE SOLUTIONS WHICH WILL HAVE A SIGNIFICANT IMPACT ON AND FURTHER SUCH OBJECT;5.1.2 THE RELIEF OF POVERTY AMONGST THE SAME BENEFICIARY GROUP BY THE SAME MEANS;5.1.3 THE ADVANCEMENT OF ANY OTHER CHARITABLE PURPOSE FOR THE PUBLIC BENEFIT BY THE SAME MEANS.

10 Official extract

Charity Other Names

Charity Name Id
558438
Charity Name Type
Working name
Charity Name
GIF

11 Official extract

Charity Policy

Policy Name
Trustee expenses policy and procedures
Policy Name
Safeguarding policy and procedures
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Complaints policy and procedures
Policy Name
Bullying and harassment policy and procedures
Policy Name
Internal risk management policy and procedures
Policy Name
Investing charity funds policy and procedures
Policy Name
Paying staff
Policy Name
Social media policy and procedures
Policy Name
Complaints handling
Policy Name
Investment
Policy Name
Conflicting interests
Policy Name
Serious incident reporting policy and procedures
Policy Name
Risk management