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The Mainstay Foundation

The Mainstay Foundation primarily awards grants to organisations to assist them in their activities in line with the objectives of the charity. The objective of the charity is to assist the advancement of Shia Muslim communities globally in the areas of Religion, Education and Development. The Mainstay Foundation also establish some initiatives, such as events, in line with its objectives.

Activities & Mission

The Mainstay Foundation primarily awards grants to organisations to assist them in their activities in line with the objectives of the charity. The objective of the charity is to assist the advancement of Shia Muslim communities globally in the areas of Religion, Education and Development. The Mainstay Foundation also establish some initiatives, such as events, in line with its objectives.

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.

Show all 17 areas of operation

Financial Information

Latest Income
£5,717,006
Latest Expenditure
£5,147,426

Financial Efficiency

Program Ratio 89.9%
% of income going directly to charitable activities

Higher than 42% of UK Charitable activities charities with income £1M to £10M (sample: 1335). How is this calculated?

Overall Efficiency 99.9%
% of expenditure going to programs (vs overhead)

Higher than 71% of UK Charitable activities charities with income £1M to £10M. How is this calculated?

Administrative Ratio 0.5%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 81% of UK Charitable activities charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £5,580,812
Charitable Activities £95,600
Other Trading £0
Investments £40,594
Other Income £0

Expenditure Categories

Charitable Expenditure £5,142,286
Raising Funds £5,140
Governance £20,580
Grants to Institutions £4,301,009
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
£5,717,006
£5,147,426£5,142,286£1,756,163£1,756,16313 / 20
2024
£5,385,873
£5,573,674£5,562,859£1,186,583£1,186,5839 / 60
2023
£4,242,536
£3,426,041£3,423,533£1,374,384£1,374,3848 / 60
2022
£2,639,591
£2,390,895£2,209,612£557,889£557,8895 / 8
2021
£2,764,968
£3,221,427£3,221,427£309,193£309,1933 / 8

Staff column shows: Employees / Volunteers

Frequently asked questions about The Mainstay Foundation

What does The Mainstay Foundation do?

The Mainstay Foundation primarily awards grants to organisations to assist them in their activities in line with the objectives of the charity. The objective of the charity is to assist the advancement of Shia Muslim communities globally in the areas of Religion, Education and Development. The Mainstay Foundation also establish some initiatives, such as events, in line with its objectives.

How much income did The Mainstay Foundation report in 2025?

The Mainstay Foundation reported total income of £5.72m and reported expenditure of £5.15m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

How efficient is The Mainstay Foundation?

The Mainstay Foundation has a program ratio of 89.9%, meaning that share of its income goes directly to charitable activities. This is higher than 42% of UK Charitable activities charities with income £1M to £10M (sample of 1335 charities). See our methodology for how this is calculated.

When was The Mainstay Foundation registered as a charity?

The Mainstay Foundation was registered with the Charity Commission for England and Wales on 11 March 2016 as charity number 1166017. It has been registered for 10 years.

Who runs The Mainstay Foundation?

The Mainstay Foundation is governed by a board of 4 trustees. The chair of trustees is Mohammad Marashi. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The Mainstay Foundation operate?

The Mainstay Foundation operates across 17 areas, including Austria, Denmark, Germany and 14 others. The full list is shown on its profile.

Is The Mainstay Foundation a registered charity?

Yes — The Mainstay Foundation is a registered charity in England and Wales, charity number 1166017.

Details

Address
Office 11
Abji Bapashree House
211 Kingsbury Road
London
Registration Date
11 March 2016
Status
Registered

Registry Information

Organisation Number
5072266
Charity Number
1166017

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Other notable Charitable activities charities

Major UK charities in the same primary sector, drawn from the curated priority cohort.

Trustees

Mohammad Marashi Chair
Also governs 1 other charity
Dr Riyaz Amirali Kaba
HAIDAR BAHAR AL-ALOOM
HASSAN ALI MOHAMMEDMAHDI AL-HAKEEM

Sectors & Classifications

Data & trust

Register data refreshed
14 May 2026
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