THE MAINSTAY FOUNDATION
Activities
As described by the charity on the register
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.
Latest income
£5.7m
Expenditure
£5.1m
Financial year end
2025-03-31
Income & spending history
As reported to the Charity Commission, by financial year end
| Year end | Income | Expenditure | |
|---|---|---|---|
| 2021-03-31 | £2.8m | £3.2m | |
| 2022-03-31 | £2.6m | £2.4m | |
| 2023-03-31 | £4.2m | £3.4m | |
| 2024-03-31 | £5.4m | £5.6m | |
| 2025-03-31 | £5.7m | £5.1m |
Latest detailed return
Year end 2025-03-31
Income mix
| Donations & legacies | £5.6m |
| Charitable activities | £96k |
| Trading | £0 |
| Investment income | £41k |
| Total income | £5.7m |
Spending
| Charitable spend | £5.1m |
| Raising funds | £5k |
| Grants to institutions | £4.3m |
| Governance | £21k |
| Total expenditure | £5.1m |
Balance sheet
| Reserves | £1.8m |
| Total funds | £1.8m |
| — restricted | -£53k |
| — unrestricted | £1.8m |
| — endowment | £0 |
| Total assets | £1.8m |
| Cash | £2.3m |
People
| Employees | 13 |
Classification
The charity's own register classification
What it does
- Education/training
- The Advancement Of Health Or Saving Of Lives
- The Prevention Or Relief Of Poverty
- Economic/community Development/employment
- Human Rights/religious Or Racial Harmony/equality Or Diversity
- Other Charitable Purposes
Who it helps
- Children/young People
- Elderly/old People
- People With Disabilities
- People Of A Particular Ethnic Or Racial Origin
- Other Charities Or Voluntary Bodies
- Other Defined Groups
How it works
- Makes Grants To Individuals
- Makes Grants To Organisations
- Other Charitable Activities
Source: Charity Commission for England and Wales register, 2026-07-28. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.