the mainstay foundation
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.
Fundraising
See where The Mainstay Foundation is active and find local fundraising opportunities.
Financial Information
Latest Income
£5,385,873
Latest Expenditure
£5,573,674
Financial Efficiency
Program Ratio 103.3%
% of income going directly to charitable activities
Overall Efficiency 99.8%
% of expenditure going to programs (vs overhead)
Administrative Ratio 0.5%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £5,326,877
Charitable Activities £40,990
Other Trading £0
Investments £18,006
Other Income £0
Expenditure Categories
Charitable Expenditure £5,562,859
Raising Funds £10,815
Governance £18,600
Grants to Institutions £4,873,496
Other Expenditure £0
Financial Trend
Annual Returns
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £5,385,873 | £5,573,674 | £5,562,859 | £1,186,583 | £1,186,583 | 9 / 60 |
| 2023 | £4,242,536 | £3,426,041 | £3,423,533 | £1,374,384 | £1,374,384 | 8 / 60 |
| 2022 | £2,639,591 | £2,390,895 | £2,209,612 | £557,889 | £557,889 | 5 / 8 |
| 2021 | £2,764,968 | £3,221,427 | £3,221,427 | £309,193 | £309,193 | 3 / 8 |
| 2019 | £2,382,977 | £2,190,754 | £2,190,754 | £765,652 | £746,461 | 3 / 60 |
Staff column shows: Employees / Volunteers
Details
Address
Office 11
Abji Bapashree House
211 Kingsbury Road
London
Abji Bapashree House
211 Kingsbury Road
London
Website
www.mainstay.ukRegistration Date
11 March 2016
Status
Registered
Registry Information
Organisation Number
5072266
Charity Number
1166017
Trustees
HASSAN ALI MOHAMMEDMAHDI AL-HAKEEM
HAIDAR BAHAR AL-ALOOM
Mohammad Marashi
Dr Riyaz Amirali Kaba