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The London Foundation For Banking & Finance

Also known as: Ifs School of Finance, Ifs University College, The Chartered Institute of Bankers, The London Institute of Banking & Finance

We exist to help students from around the world access industry-leading financial education by providing a range of scholarships, bursaries and grants. Our aim is to remove barriers to entry into the sector and support students from different backgrounds who wish to further their knowledge and experience. We also recognise the highest level of professional competence by awarding chartered status.

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Activities & Mission

We exist to help students from around the world access industry-leading financial education by providing a range of scholarships, bursaries and grants. Our aim is to remove barriers to entry into the sector and support students from different backgrounds who wish to further their knowledge and experience. We also recognise the highest level of professional competence by awarding chartered status.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Financial Information

Latest Income
£587,454
Latest Expenditure
£735,103

Financial Efficiency

Program Ratio 125.1%
% of income going directly to charitable activities

Higher than 90% of UK Education charities with income £100K to £1M (sample: 439). How is this calculated?

Overall Efficiency 100.0%
% of expenditure going to programs (vs overhead)

Higher than 100% of UK Education charities with income £100K to £1M. How is this calculated?

Administrative Ratio 2.0%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 52% of UK Education charities with income £100K to £1M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £502
Charitable Activities £60,083
Other Trading £0
Investments £526,869
Other Income £0

Expenditure Categories

Charitable Expenditure £735,103
Raising Funds £0
Governance £15,000
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2025
£587,454
£735,103£735,103£17,426,018£16,932,9944 / 0
2024
£749,214
£261,987£261,987£17,097,779£15,962,4791 / 0
2023
£15,924,000
£13,333,000£13,333,000£16,581,000£15,962,000119 / 0
2022
£19,183,000
£19,337,000£19,312,000£4,616,000£2,403,000167 / 0
2021
£18,315,000
£17,440,000£17,410,000£4,641,000£2,554,000160 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about The London Foundation For Banking & Finance

What does The London Foundation For Banking & Finance do?

We exist to help students from around the world access industry-leading financial education by providing a range of scholarships, bursaries and grants. Our aim is to remove barriers to entry into the sector and support students from different backgrounds who wish to further their knowledge and experience. We also recognise the highest level of professional competence by awarding chartered status.

How much income did The London Foundation For Banking & Finance report in 2025?

The London Foundation For Banking & Finance reported total income of £587k and reported expenditure of £735k for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

How efficient is The London Foundation For Banking & Finance?

The London Foundation For Banking & Finance has a program ratio of 125.1%, meaning that share of its income goes directly to charitable activities. This is higher than 90% of UK Education charities with income £100K to £1M (sample of 439 charities). See our methodology for how this is calculated.

When was The London Foundation For Banking & Finance registered as a charity?

The London Foundation For Banking & Finance was registered with the Charity Commission for England and Wales on 29 June 1987 as charity number 297107. It has been registered for 39 years.

Who runs The London Foundation For Banking & Finance?

The London Foundation For Banking & Finance is governed by a board of 7 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The London Foundation For Banking & Finance operate?

The London Foundation For Banking & Finance operates in England And Wales, as recorded in its Charity Commission filing.

Is The London Foundation For Banking & Finance a registered charity?

Yes — The London Foundation For Banking & Finance is a registered charity in England and Wales, charity number 297107.

Details

Address
1st Floor
40 GRACECHURCH STREET
London
EC3V 0BT
Registration Date
29 June 1987
Status
Registered

Registry Information

Organisation Number
297107
Charity Number
297107

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Trustees

ARJAN VAN DEN BERKMORTEL
BINTA DARBOE
PAUL GORDON
Quentin Garrett Nason
Also governs 1 other charity
SABRINA DEL PRETE
Stephen Andrew Mann
Steven Jeffrey Darrington

Sectors & Classifications

Also Known As

  • Ifs School of Finance
  • Ifs University College
  • The Chartered Institute of Bankers
  • The London Institute of Banking & Finance
  • Ifs School of Finance

Data & trust

Register data refreshed
30 July 2026
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