**CHARITY REGISTRATION NUMBER: 1194895** ## **Soroptimist International Foundation Unaudited Financial Statements** **For the year ended** **31 December 2025** ## **Soroptimist International Foundation** ## **Financial Statements** ## **Year ended 31 December 2025** ||**Pages**| |---|---| |Trustee's annual report|**1 to 7**| |Independent examiner's report to the Trustee|**8**| |Statement of financial activities|**9**| |Statement of financial position|**10**| |Notes to the financial statements|**11 to 18**| ## **Soroptimist International Foundation** ## **Trustee's Annual Report** ## **Year ended 31 December 2025** The Trustee presents her report and the unaudited financial statements of the Charity for the year ended 31 December 2025. ## **Reference and administrative details** |**Registered Charity name**|Soroptimist International Foundation| |---|---| |**Charity registration number**|1194895| |**Principal office**|Suite 1| ||28 St. Thomas Place| ||Ely| ||Cambridgeshire| ||CB7 4EX| |**The Trustee**|S I (Soroptimist International) Limited| |**Independent examiner**|Shane Tharby FCA| ||For and on behalf of| ||Streets Chartered Accountants| ||3 Wellbrook Court| ||Girton| ||Cambridge| ||CB3 0NA| ## **Structure, governance and management** Soroptimist International Foundation is an unincorporated Charity formed and governed by a Trust Deed dated 1 March 2021 and became a registered Charity on 22 June 2021 under Charity number 1194895. The Trust Deed does not provide for the appointment of new Trustees as the Trustee is a Corporate Trustee, being S I (Soroptimist International) Limited, and the Articles of Association of S I (Soroptimist International) Limited provides for the appointment of Directors of that Company. Day to day management is undertaken by Deborah Thomas, the Global Executive Director of S I (Soroptimist International) Limited. **- 1 -** ## **Soroptimist International Foundation** ## **Trustee's Annual Report** _**(continued)**_ ## **Year ended 31 December 2025** ## **Objectives and activities** The Objects of the Charity are to apply the income from the Trust Fund and at its absolute discretion the Trustee may also apply any part or parts of the capital of the Trust Fund for all or any exclusively charitable purpose or purposes (according to the laws of England) as fall within the Soroptimist International Objects ("The Charitable Objects") and not the wider Soroptimist International Objects themselves. The Objects of Soroptimist International (as referred to above) are to promote either directly or by the encouragement and support of others: - the advancement of education; - the advancement of health and saving of lives; - the relief and/or prevention of poverty; - the advancement of good citizenship and community development; and - the advancement of human rights, peace, equality and diversity; in each case for the benefit of the public across the world and in particular for the benefit of women and girls to advance their status, position and role in society where currently unequal or disadvantaged (the 'Objects'). Soroptimist International, consists of five Federations: Soroptimist International Africa Federation, Soroptimist International of the Americas, Soroptimist International of Europe, Soroptimist International of Great Britain & Ireland and Soroptimist International of the South East Asia Pacific. A global volunteer movement, we work together to transform the lives of women and girls. Our network of over 3,000 clubs in 118 Countries across the world work at a local, national and international level to to Educate, Empower and Enable opportunities for women and girls. The activities undertaken are collecting Appeal donations from the five Federations and wider afield and making grants to providers that meet the objectives of the Charity. The Trustee has had due regard to the guidance issued by the Charity Commission on public benefit. ## **Achievements and performance** The Charity was established on 1 March 2021 and then obtained charitable status. Appeal Funds previously received by S I (Soroptimist International) Limited from the five Federations before the Charity was formed were transferred to the Charity and further Appeal donations continued to be received from the five Federations. The previous Appeals in operation have been reduced during the year with the majority of funds held for these separate Appeals now having been paid out during the year. The Appeals that were running during the year are detailed below. **- 2 -** ## **Soroptimist International Foundation** ## **Trustee's Annual Report** _**(continued)**_ ## **Year ended 31 December 2025** ## **Achievements and performance** _**(continued)**_ ## **Opening Doors to a Bright Future Appeal** "Opening Doors to a Bright Future" was the Soroptimist International (SI) President's Appeal, 2021-2023. Headed by SI President Maureen Maguire, the Appeal had the aim of delivering tangible benefits to some of the world's most marginalised women, girls, and their communities. This Appeal sought to increase gender equality, women's empowerments and participation through education and training. Projects have been undertaken in each of the five Soroptimist Federations. This Appeal was transferred into the Soroptimist International Foundation in 2022. Due to funding remaining, continued during 2025 with the following project being completed. ## **(1) Cambodia Community Dream Organisation - Cambodia** This project, titled 'Education and Learning in Cambodia throughout the life course', has been a beacon of empowerment for women and girls in rural communities. In 2025, partnering with the Cambodian Community Dream Organisation (CCDO), this project provided education and support to 1,000 marginalised women and girls in six villages: Tropeang Thom, Ballank, Run Ta Ek, Rom Chek, Knur Sandai and Peak Sneng in Siem Reap, Cambodia. The project exceeded its expectation and engaged with 1,288 women and girls in various activities aimed at education and learning, fostering empowerment and sustainable development, an increase of 28.8%. This project saw numerous training sessions that covered vital areas such as health care, gender equity, personal development, business training and more. The sessions have not only equipped women and girls with essential skills but also boosted their confidence and self-esteem and enabled them to actively participate in their communities. Many of the women established small business enterprises that enabled them to send their children to school and maintain their household. Classes in business management and budgeting form part of the training. One of the key outcomes of the project was the establishment of Smart Women groups, each comprised active members from each community who served as mentors and counsellors to those in need. **- 3 -** ## **Soroptimist International Foundation** ## **Trustee's Annual Report** _**(continued)**_ ## **Year ended 31 December 2025** ## **Achievements and performance** _**(continued)**_ ## **(2) Rose Academies - Uganda** This project, Uganda Vocational Skills Program - Tailoring, Baking and Computer Literacy, embraced the three key areas at the heart of the Soroptimist International Mission and Vision - Educate, Empower and Enable Women and Girls. The value of education has been and continues to be well recognised, but learning from experience, sometimes it is more realistic and feasible to support girls to pursue skills development in a vocational program. Benefits of vocational skills development cannot be understated. A year of dedicated study in a vocation takes the girl child into a career that promises to bring in an income for her and her family. The project selected 20 girls from the Soroti Region, Uganda, a remote, improvised rural area located in Central/Eastern Uganda. The vocational training programme covered three distinct vocational training packages - bakery skills, tailoring skills and computer literacy. An additional sum was given to provide much-needed equipment for the Technical Institute and the procurement of a bicycle. Overall, this project has been instrumental in transforming the lives of these young women. The skills and knowledge acquired programs have not only enhanced their personal development but also opened doors to economic independence and improved quality of life. As they continue to apply what they have learned, it is anticipated that they will serve as inspiring role models and catalysts for change within their communities. ## **(3) Restore a Sense of I Can - Caribbean** 'Restore a Sense of I Can' (RSC) is an organisation that seeks to educate, empower, and enable women and girls in the Caribbean by giving them access to digital skills, networks and opportunities. This project selected 100 women and girls (from 11 years of age upwards) living in Trinidad and Tobago in basic digital technology, with a specific focus on offering in-person training to 25 participants from Trinidad and Tobago and 20 participants from the Venezuelan migrant community. In addition, 50 women from the previous project carried out during 2023, received advanced digital education and of these, 25 participants were placed on a 9-month mentorship programme to develop online businesses using the Big Cartel. The project used both virtual and in-person sessions and opportunities were given to students without devices through the in-person sessions which enabled the development of hands-on skills as well as assisting with greater individual attention. Other soft skills associated with in person interaction were also enhanced, e.g. teamwork, conflict management, etc. The participants were trained in the basic use of digital technology, including how to navigate and stay safe in online spaces, to become creators and not just users of digital spaces. By bridging the digital divide, the project empowered participants to make better decisions, gained self-confidence and developed critical thinking skills, ultimately breaking down socio-economic barriers that continued to hinder women's access to digital opportunities. **- 4 -** ## **Soroptimist International Foundation** ## **Trustee's Annual Report** _**(continued)**_ ## **Year ended 31 December 2025** ## **Achievements and performance** _**(continued)**_ ## **(4) Sport Empowering Marginalised Girls - Paraguay** The Mbaracayú Educational Center is a boarding school for rural and indigenous youth between the ages of 15 and 18 and is located within the Mbaracayú Forest Natural Reserve, one of the last vestiges of primary forest in Paraguay. The school's mission is to transform rural and indigenous girls into entrepreneurs for sustainable development and active agents of change within their communities and encourages a "learning by doing" methodology. This project with the Moisés Bertoni Foundation (FMB) recognised that sport was and continues to be an education tool for skills development and addressed the following specific needs: - Develop a set of skills to empower girls, and young people in general, to become a new generation of young environmental leaders and agents of change. - Provide access to recreational sports activities, as a development tool, to rural and indigenous youth who study and/or live near the Mbaracayú Forest Natural Reserve / Biosphere Reserve. - Improve the infrastructure of bathrooms and changing rooms (currently inadequate) at the Mbaracayú Educational Center, both for internal use and to be able to organize sports tournaments and receive students from the surrounding communities. This project has created a new generation of 120 young environmental leaders and change agents through sport and continued to emphasise collaboration, self-esteem, and values to prevent gender-based violence. New sports equipment, such as balls, was purchased for the Mbaracayú Educational Center. The improvements of the infrastructure of bathrooms and changing rooms at the Mbaracayú Educational Center have been completed. Having their own facilities is greatly appreciated by the girls. Additionally, 40 young people attended the Annual Environmental Camp and were trained in areas such as the management of protected wild areas, climate change causes and consequences, biodiversity, proper waste management and how to make compost, causes and management of forest fires, environmental interpretation: bird watching and hiking, and development of environmental projects were achieved. A knowledge assessment was executed with a simple selection test. It was handed out at the beginning and the end of the camp, to compare and measure whether the initial answers match the end results. In conclusion there was a significant improvement in most of the participants. Results showed 50% of them having a positive difference of one point, 31% had two more points correctly and 19% were able to get three to six points more. **- 5 -** ## **Soroptimist International Foundation** ## **Trustee's Annual Report** _**(continued)**_ ## **Year ended 31 December 2025** ## **Achievements and performance** _**(continued)**_ ## **Education of Women in or from War Torn Countries** Soroptimist International of Americas, Taiwan Region donated funds for the education of women and girls in or from war torn countries. In 2025 these funds were used to fund the following projects. ## **(1) Willing Hearts Society - Lugari Girls’ Leadership and Mentoring Training Camp 2025** The Lugari Youth Leadership Project is a Leadership Training Programme established by Willing Hearts Society of Canada in Kenya. This very successful project has been supported in the past by the SI Presidents Appeal - Road to Equality. The 2025 training camp was partly funded by the Soroptimist International Foundation War Torn Countries Fund enabling 250 girls aged 14-18 to attend the Youth Leadership and Mentoring Training at the Lugari Community Resource Centre in Western Kenya. The Ministry of Education selected the schools that could nominate candidates for this programme, usually one from each school. The girls' testimonies revealed the stark realities facing girls in the country's war-affected and marginalised communities. Each participant represented hundreds more living under the same conditions across Kenya. The evaluation report showed that this 10-day residential training programme not only met all its objectives but exceeded expectations across leadership development, gender-based violence awareness, career guidance, community engagement and long-term resilience building. International and local Soroptimists visited and assisted at this training, experiencing this empowering project in progress. Once the girls completed their training, they returned home to utilise their skills and implement innovate projects that they reported on. Directly serving the needs of their own communities, they have become catalysts for positive change. ## **(2) Cambodian Dream Organisaton - Her Enterprise for Reinvestment and Advancement (HERA)** The Her Enterprise for Reinvestment and Advancement (HERA) project which is run by the Cambodian Community Dream Organisation (CCDO) will be funded from the War Torn Fund commencing from January 2026 until December 2027. This project has been designed to holistically meet the identified needs of underserved women entrepreneurs by providing a multi-faceted support system that moves beyond traditional training. It will simultaneously address the interconnected barriers of capital, knowledge, and isolation to create a powerful engine for sustainable economic empowerment. This project will economically empower 200 underserved women in the Cambodia communities of Leang Dai and Run Ta Ek. This will be achieved by sequentially equipping four groups of 50 women with initial capital, comprehensive financial literacy training, and tailored entrepreneurial skills in agriculture and animal husbandry. The core of the project model is a sustainable, debt-free cycle of empowerment. After approximately six months, successful entrepreneurs from the first group will reinvest 50% of their profits into a community-managed revolving fund. This fund will directly finance subsequent groups of women, creating a self-perpetuating system of mutual support. Concurrently, women-led savings groups will be established to enhance financial security and build resilience against future shocks. This integrated approach fosters a powerful culture of entrepreneurship, savings, reinvestment, and community responsibility, ensuring long-term impact beyond the project's initial investment. **- 6 -** ## **Soroptimist International Foundation** ## **Trustee's Annual Report** _**(continued)**_ ## **Year ended 31 December 2025** ## **Achievements and performance** _**(continued)**_ ## **(3) Greening Our Horizons: Soroptimists Leading the Way** Greening Our Horizons: Soroptimists Leading the Way was championed by Siew Yong Ng SI President 2024-25. This project with SI Nairobi Central that has the overall goal of educating and empowering women, enabling them to improve ecosystem restoration and air quality by increasing the green cover in areas through the planting of native tree species, fruit and vegetables. Core activities carried out have included launching the project, establishing partnerships to supply the trees and other horticultural supplies, provide land and to assist with workshops. During 2025 9,000 indigenous trees, 130 fruit trees and 3,500 vegetable seedlings were planted at Kabete and Dagoretti Girlsn schools and Getathuru National Assessment Centre. ## **Financial review** No formal policy has been established for holding reserves as the Charity has little to no fixed overheads and therefore the Charity's policy is to pay out grants only from funds received. The Trustee's annual report was approved on .............................. and signed on behalf of the board of Trustees by: ## R. Trottmann Probst R. Trottmann Probst (May 28, 2026 17:38:26 GMT+2) Mrs R Trottmann Probst Director of S I (Soroptimist International) Ltd W Logan W Logan (May 29, 2026 09:55:50 GMT+12) Mrs W Logan Director of S I (Soroptimist International) Ltd **- 7 -** ## **Soroptimist International Foundation** ## **Independent Examiner's Report to the Trustee of Soroptimist International Foundation** ## **Year ended 31 December 2025** I report to the Trustee on my examination of the financial statements of Soroptimist International Foundation ('the Charity') for the year ended 31 December 2025. ## **Responsibilities and basis of report** As the Trustee of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Shane Tharby FCA Independent Examiner For and on behalf of Streets Chartered Accountants 3 Wellbrook Court Girton Cambridge CB3 0NA **- 8 -** ## **Soroptimist International Foundation** ## **Statement of Financial Activities** ## **Year ended 31 December 2025** ||||**2025**|**2025**||2024| |---|---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment||| |||funds|funds|funds|**Total funds**|Total funds| ||**Note**|**£**|**£**|**£**|**£**|£| |**Income and endowments**||||||| |Donations and legacies|**4**|59,106|7,500|–|66,606|66,593| |Other trading activities|**5**|–|–|–|–|50| |Investment income|**6**|237|–|2,799|3,036|3,500| |||----------------------------|------------------------|------------------------|----------------------------|----------------------------| |**Total income**||59,343|7,500|2,799|69,642|70,143| |||============================|========================|========================|============================|============================| |**Expenditure**||||||| |Expenditure on charitable||||||| |activities|**7,8**|23,084|34,934|–|58,018|134,799| |||----------------------------|----------------------------|------------------------|----------------------------|---------------------------------| |**Total expenditure**||23,084|34,934|–|58,018|134,799| |||============================|============================|========================|============================|=================================| |||----------------------------|----------------------------|------------------------|----------------------------|---------------------------------| |**Net income/(expenditure) and**||||||| |**net movement in funds**||36,259|(27,434)|2,799|11,624|(64,656)| |||============================|============================|========================|============================|=================================| |**Reconciliation of funds**||||||| |Total funds brought forward||76,822|36,287|95,404|208,513|273,169| |||---------------------------------|----------------------------|----------------------------|---------------------------------|---------------------------------| |**Total funds carried forward**||113,081|8,853|98,203|220,137|208,513| |||=================================|============================|============================|=================================|=================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 11 to 18 form part of these financial statements.** **- 9 -** ## **Soroptimist International Foundation** ## **Statement of Financial Position** ## **31 December 2025** ||||**2025**||2024|| |---|---|---|---|---|---|---| ||**Note**|**£**||**£**|£|£| |**Current assets**||||||| |Investments - Long Term Treasury||||||| |Deposit|**15**|100,000|||100,000|| |Cash at bank and in hand||132,171|||123,830|| |||---------------------------------|||---------------------------------|| |||232,171|||223,830|| |**Creditors: amounts falling due within**||||||| |**one year**|**16**|12,034|||15,317|| |||---------------------------------|||---------------------------------|| |**Net current assets**||||220,137||208,513| |||||---------------------------------||---------------------------------| |**Total assets less current liabilities**||||220,137||208,513| |||||---------------------------------||---------------------------------| |**Net assets**||||220,137||208,513| |||||=================================||=================================| |**Funds of the Charity**||||||| |Endowment funds||||98,203||95,404| |Restricted funds||||8,853||36,287| |Unrestricted funds||||113,081||76,822| |||||---------------------------------||---------------------------------| |**Total Charity funds**|**17**|||220,137
=================================||208,513
=================================| These financial statements were approved by the board of Trustees and authorised for issue on ........................, and are signed on behalf of the board by: Mrs R Trottmann Probst Mrs W Logan Director and Chair of S I (Soroptimist International) Ltd Director of S I (Soroptimist International) Ltd **The notes on pages 11 to 18 form part of these financial statements.** **- 10 -** **Soroptimist International Foundation** ## **Notes to the Financial Statements** ## **Year ended 31 December 2025** ## **1. General information** The Charity is a public benefit entity and a registered Charity in England and Wales and is unincorporated. The address of the principal office is Suite 1, 28 St Thomas Place, Ely, Cambridgeshire, CB7 4EX. ## **2. Statement of compliance** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3. Accounting policies** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **Going concern** There are no material uncertainties about the Charity's ability to continue. ## **Judgements and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are no significant judgements or estimations made on the amounts recognised in the financial statements. ## **Foreign currencies** Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the statement of financial activities. ## **Investments - treasury deposits** Investments in longer-term deposits with financial institutions exceeding 3 months, but not exceeding 12 months, to maturity are accounted for as current asset investments. Where the maturity date is 3 months or less the balances are treated as a cash equivalent and accounted for as part of the cash at bank and in hand figure. Where maturity exceeds 12 months the deposit would be treated as a fixed asset investment. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the Trustees to further any of the Charity's purposes. **- 11 -** ## **Soroptimist International Foundation** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **3. Accounting policies** _**(continued)**_ ## **Fund accounting** _**(continued)**_ Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. The Charity also has a permanent endowment fund set up from a legacy donation. ## **Incoming resources** All income is included in the statement of financial activities when entitlement has passed to the Charity, it is probable that the economic benefits associated with the transaction will flow to the Charity and the amount can be reliably measured. ## **Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates. All expenditure in the period was on charitable activities and include all costs incurred by the Charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries and includes grants made. The expenditure also includes those support costs and costs relating to the governance of the Charity apportioned to charitable activities. ## **4. Donations and legacies** ||Unrestricted|Restricted|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2025**| ||£|£|**£**| |**Donations**|||| |Soroptimist International of Europe|17,707|–|17,707| |Soroptimist International of the Americas|29,790|–|29,790| |Soroptimist International of Great Britain & Ireland|6,063|–|6,063| |Soroptimist International of South East Asia Pacific|–|–|–| |Soroptimist International of Africa|5,461|–|5,461| |Greening Our Horizons: Soroptimists Leading the Way|–|7,500|7,500| |Other|85|–|85| ||----------------------------|------------------------|----------------------------| ||59,106|7,500|66,606| ||============================|========================|============================| ||Unrestricted|Restricted|Total Funds| ||Funds|Funds|2024| ||£|£|£| |**Donations**|||| |Soroptimist International of Europe|16,839|–|16,839| |Soroptimist International of the Americas|31,613|–|31,613| |Soroptimist International of Great Britain & Ireland|11,962|–|11,962| |Soroptimist International of South East Asia Pacific|3,246|478|3,724| |Soroptimist International of Africa|–|–|–| |Greening Our Horizons: Soroptimists Leading the Way|–|–|–| |Other|2,155|300|2,455| ||----------------------------|--------------|----------------------------| ||65,815|778|66,593| ||============================|==============|============================| **- 12 -** ## **Soroptimist International Foundation** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **5. Other trading activities** ||||Unrestricted|**Total Funds**|Unrestricted|Total Funds|Total Funds| |---|---|---|---|---|---|---|---| ||||Funds|**2025**|Funds||2024| ||||£|**£**|£||£| ||Sale of water bottles||–|–|50||50| ||||==============|==============|==============||==============| |**6.**|**Investment income**||||||| |||||Unrestricted|Endowment|**Total**|**Funds**| |||||Funds|Funds||**2025**| |||||£|£||**£**| ||Treasury deposit account interest received|||237|2,799||3,036| |||||==============|========================||========================| |||||Unrestricted|Endowment|Total Funds|| |||||Funds|Funds||2024| |||||£|£||£| ||Treasury deposit account interest received|||289|3,211||3,500| |||||==============|========================||========================| |**7.**|**Expenditure on charitable**|**activities by fund type**|||||| |||||Unrestricted|Restricted|**Total**|**Funds**| |||||Funds|Funds||**2025**| |||||£|£||**£**| ||Direct charitable activities|||17,912|34,934||52,846| ||Support costs|||5,172|–||5,172| |||||----------------------------|----------------------------||----------------------------| |||||23,084|34,934||58,018| |||||============================|============================|============================|| |||||Unrestricted|Restricted|Total Funds|| |||||Funds|Funds||2024| |||||£|£||£| ||Direct charitable activities|||4,297|125,696|129,993|| ||Support costs|||4,770|36||4,806| |||||------------------------|---------------------------------|---------------------------------|| |||||9,067|125,732|134,799|| |||||========================|=================================|=================================|| |**8.**|**Expenditure on charitable**|**activities by activity type**|||||| |||Activities|||||| |||undertaken|Grant funding||**Total funds**|Total fund|| |||directly|of activities|Support costs|**2025**||2024| |||£|£|£|**£**||£| ||Direct charitable activities|1,382|51,464|5,172|58,018|134,799|| |||========================|============================|========================|============================|=================================|| The £1,382 includes foreign exchange differences, bank charges and membership fees. **- 13 -** ## **Soroptimist International Foundation** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **9. Analysis of support costs** |||Total activities|**Total 2025**|Total 2024| |---|---|---|---|---| |||£|**£**|£| ||Governance costs|5,172|5,172|4,806| |||========================|========================|========================| |**10.**|**Analysis of grants**|||| ||||**2025**|2024| ||||**£**|£| ||**Grants to institutions**|||| ||Willing Hearts Society - Kenya (Based in Canada)||9,322|–| ||Cambodia Community Dream Organisation - Cambodia||27,733|–| ||Rose Academies - Uganda||2,872|11,487| ||World Vision International - Georgia||–|26,093| ||Moises Bertoni Foundation - Paraguay||2,614|26,816| ||Restore a Sense of I Can - Caribbean||7,842|–| ||SI Lumiere - Mali||–|41,000| ||Steve Sinnott Foundation - Haiti & Nepal (Based in UK)||–|16,000| ||SI Nairobi Central - Kenya||–|2,988| ||Kori Development Project - Sierra Leone (Based in UK)||–|4,000| ||Educate to Lead Nepal – Final Appeal Report - Nepal||1,081|–| ||||----------------------------|---------------------------------| ||Total grants||51,464
============================|128,384
=================================| As at the balance sheet date the Foundation had made funding commitments totalling £45,894 (2024: £34,692). ## **11. Net income/(expenditure)** Net income/(expenditure) is stated after charging/(crediting): ||Net income/(expenditure) is stated after charging/(crediting):||| |---|---|---|---| |||**2025**|2024| |||**£**|£| ||Foreign exchange differences|544|644| |||==============|==============| |**12.**|**Independent examination fees**||| |||2025|2024| |||**£**|£| ||Fees payable to the independent examiner for:||| ||Independent examination of the financial statements|2,070|1,980| ||Preparation of the financial statements|2,070|1,980| ||Other services|168|–| |||------------------------|------------------------| |||4,308
========================|3,960
========================| ## **13. Staff costs** There were no employees during the current or previous year. **- 14 -** ## **Soroptimist International Foundation** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **14. Trustee remuneration and expenses** No remuneration, or other benefits from employment with the Charity or a related entity, were received by the Trustee and no Trustee expenses were charged. ## **15. Investments - long term treasury deposit** ||**2025**|2024| |---|---|---| ||**£**|£| |Treasury Deposit|100,000|100,000| ||=================================|=================================| |**Creditors:** **amounts falling due within one year**||| ||**2025**|2024| ||**£**|£| |Trade creditors|72|3,068| |Accruals and deferred income|4,140|3,960| |Other creditors|7,822|8,289| ||----------------------------|----------------------------| ||12,034
============================|15,317
============================| ## **16. Creditors: amounts falling due within one year** Other creditors is a balance owed to the Corporate Trustee, S I (Soroptimist International) Limited. ## **17. Analysis of charitable funds** ## **Unrestricted funds** |||||**At**| |---|---|---|---|---| ||At 1 January|||**31 December**| ||2025|Income|Expenditure|**2025**| ||£|£|£|£| |General funds|58,251|59,343|(6,554)|111,040| |Opening Doors to a Bright Future Appeal|18,571|–|(16,530)|2,041| ||----------------------------|----------------------------|----------------------------|---------------------------------| ||76,822|59,343|(23,084)|113,081| ||============================|============================|============================|=================================| |||||At| ||At 1 January|||31 December| ||2024|Income|Expenditure|2024| ||£|£|£|£| |General funds|1,164|66,154|(9,067)|58,251| |Opening Doors to a Bright Future Appeal|18,571|–|–|18,571| ||----------------------------|----------------------------|------------------------|----------------------------| ||19,735|66,154|(9,067)|76,822| ||============================|============================|========================|============================| **- 15 -** ## **Soroptimist International Foundation** **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **17. Analysis of charitable funds** _**(continued)**_ ## **Restricted funds** |**Restricted funds**||||| |---|---|---|---|---| |||||**At**| ||At 1 January|||**31 December**| ||2025|Income|Expenditure|**2025**| ||£|£|£|£| |Opening Doors to a Bright Future Appeal|15,168|–|(15,168)|–| |Educate to Lead Nepal Appeal|1,081|–|(1,081)|–| |Education Fund for War-Torn Countries|20,038|–|(18,685)|1,353| |Visible and Vocal Speaking Competition|–|–|–|–| |Greening Our Horizons|–|7,500|–|7,500| ||----------------------------|------------------------|----------------------------|------------------------| ||36,287|7,500|(34,934)|8,853| ||============================|========================|============================|========================| |||||At| ||At 1 January|||31 December| ||2024|Income|Expenditure|2024| ||£|£|£|£| |Opening Doors to a Bright Future Appeal|79,122|478|(64,432)|15,168| |Educate to Lead Nepal Appeal|1,081|–|–|1,081| |Education Fund for War-Torn Countries|81,038|–|(61,000)|20,038| |Visible and Vocal Speaking Competition|–|300|(300)|–| |Greening Our Horizons|–|–|–|–| ||---------------------------------|--------------|---------------------------------|----------------------------| ||161,241|778|(125,732)|36,287| ||=================================|==============|=================================|============================| **- 16 -** ## **Soroptimist International Foundation** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **17. Analysis of charitable funds** _**(continued)**_ ## **Opening Doors to a Bright Future Appeal** 'Opening Doors to a Bright Future' was the Soroptimist International (SI) Presidents Maureen Maguire's Appeal, 2021-2023 with the aim of uniting Soroptimist Clubs, Regions Unions and five Federations, delivering tangible benefits to some of the world's most marginalised women, girls, and their communities through projects in each of the five Soroptimist Federations. ## **Educate to Lead Nepal Appeal** 'Educate to Lead Nepal' Past International President Yvonne Simpson's Appeal 2015-2017, supported projects in Nepal with a focus on improving the lives of women and girls through education, empowerment and enabling opportunities. ## **Education Fund for War-Torn Countries** Soroptimist International of the Americas, Taiwan Region donation for the education of women and girls from/in war torn countries. ## **Visible and Vocal Speaking Competition** The Soroptimist International Foundation held this competition in December 2023 in Partnership with The Commonwealth Business Women Network (CBWN) to empower girls aged 10 - 11 years of age to enhance their communication skills. ## **Greening Our Horizons – Soroptimists Leading the Way** Greening Our Horizons: Soroptimists Leading the Way is a project with SI Nairobi, that has been championed by SI President Siew Yong. This project has overall goals to educate and empower women to enable them to improve ecosystem restoration and air quality by increasing the green cover in areas by planting native tree species, fruit and vegetables. Core activities include training and capacity building –facilitated workshops on tree care, sustainable agricultural practices, and environmental stewardship. ## **Endowment funds** |**Endowment funds**|||||||| |---|---|---|---|---|---|---|---| ||||||||**At**| ||At|1|January|||**31**|**December**| ||||2025|Income|Expenditure||**2025**| ||||£|£|£||£| |Elynor Falk Legacy|||95,404|2,799|–||98,203| ||||============================|========================|==============||============================| ||||||||At| ||At|1|January|||31|December| ||||2024|Income|Expenditure||2024| ||||£|£|£||£| |Elynor Falk Legacy|||92,193|3,211|–||95,404| ||||============================|========================|==============||============================| ## **Elynor Falk Legacy** The Elynor Falk Legacy is a restricted permanent endowment fund with only the interest to be used for educational programs in Israel. **- 17 -** ## **Soroptimist International Foundation** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **18. Analysis of net assets between funds** ||Unrestricted|Restricted|Endowment|**Total Funds**| |---|---|---|---|---| ||Funds|Funds|Funds|**2025**| ||£|£|£|**£**| |Current assets|125,115|8,853|98,203|232,171| |Creditors less than 1 year|(12,034)|–|–|(12,034)| ||---------------------------------|------------------------|----------------------------|---------------------------------| |**Net assets**|113,081|8,853|98,203|220,137| ||=================================|========================|============================|=================================| ||Unrestricted|Restricted|Endowment|Total Funds| ||Funds|Funds|Funds|2024| ||£|£|£|£| |Current assets|92,139|36,287|95,404|223,830| |Creditors less than 1 year|(15,317)|–|–|(15,317)| ||----------------------------|----------------------------|----------------------------|---------------------------------| |**Net assets**|76,822
============================|36,287
============================|95,404
============================|208,513
=================================| ## **19. Related parties** There were no related party transactions in the current or previous year. ## **20. Controlling party** The Charity is under the control of S I (Soroptimist International) Limited, being the sole Corporate Trustee. S I (Soroptimist International) Limited has no individual controlling party. **- 18 -** ## SI Foundation_2025_Financial Statements - for final approval and signature Final Audit Report 2026-05-28 Created: 2026-05-28 By: Caroline Badcock (admin@soroptimistinternational.org) Status: Signed Transaction ID: CBJCHBCAABAAqIK4xZuciJ5Fm8jjg8AsqhZYKkYV9iPZ ## "SI Foundation_2025_Financial Statements - for final approval a nd signature" History Document created by Caroline Badcock (admin@soroptimistinternational.org) 2026-05-28 - 2:41:14 PM GMT Document emailed to renata.trottman@soroptimistinternational.org for signature 2026-05-28 - 2:41:20 PM GMT Document emailed to wendy.logan@soroptimistinternational.org for signature 2026-05-28 - 2:41:20 PM GMT Email viewed by renata.trottman@soroptimistinternational.org 2026-05-28 - 3:36:52 PM GMT Signer renata.trottman@soroptimistinternational.org entered name at signing as R. Trottmann Probst 2026-05-28 - 3:38:24 PM GMT Document e-signed by R. Trottmann Probst (renata.trottman@soroptimistinternational.org) Signature Date: 2026-05-28 - 3:38:26 PM GMT - Time Source: server - Signature Appearance Selected: TYPE Email viewed by wendy.logan@soroptimistinternational.org 2026-05-28 - 9:54:23 PM GMT Signer wendy.logan@soroptimistinternational.org entered name at signing as W Logan 2026-05-28 - 9:55:48 PM GMT Document e-signed by W Logan (wendy.logan@soroptimistinternational.org) Signature Date: 2026-05-28 - 9:55:50 PM GMT - Time Source: server - Signature Appearance Selected: TYPE Agreement completed. 2026-05-28 - 9:55:50 PM GMT