Faissola Foundation
Faissola Foundation is a UK-registered charity founded in 2020 by Michele Faissola that addresses child poverty in Europe by funding scholarships, learning centres, and night schools for disadvantaged youth, delivered through partnerships with schools, councils, churches, and the London Academy of Excellence.
- Company typePrivate
- Founded2020
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Faissola Foundation does
Faissola Foundation is a UK-registered charity (Charity Number 1193143, company number 12247374) founded in 2020 by Michele Faissola, a former Deutsche Bank investment banking executive with over 30 years in capital markets and asset management. The foundation was created in memory of his father, a school headmaster in Liguria, Italy, and in honor of his mother, a school teacher, with the stated objective of addressing child poverty and educational inequality across Europe. Eurostat data cited by the foundation indicates approximately 24.8% of children in the EU (~20 million) were at risk of poverty or social exclusion in 2024, which frames the organization's addressable problem.
The foundation's core offerings consist of three program lines: (i) scholarships for disadvantaged A-Level students, anchored by a 2022 strategic partnership with the London Academy of Excellence (LAE) in Stratford that funds 10 students annually with mentoring, career development, and educational trips; (ii) a planned network of physical learning centres in repurposed spaces managed by churches and municipalities, with the first centre in Taggia, Italy providing after-school study support and access to online materials for children aged 11-18; and (iii) night schools for adults seeking digital and financial literacy. In June 2024, the LAE partnership was extended with an annual university-style residency programme at UWC Atlantic College in Wales. The foundation does not operate a proprietary technology platform; programme delivery relies on volunteer instructors (including tech and finance professionals) and donated or shared physical spaces.
The foundation is privately funded through donations and fundraising initiatives led by the founder, with no disclosed institutional investors, grants, or operating budget in the public record. Its governance team is small (1-10 employees per firmographic data) and includes the founder, a chairman (Maria Faissola), and two directors with civil engineering and legal backgrounds. Marketing is limited to a bilingual website (English/Italian), a LinkedIn page, founder-authored content on Medium, and occasional press releases distributed via PR Newswire and GlobeNewswire. Beneficiaries do not pay for services; the unit-economics question is therefore one of donation inflow per beneficiary served and partner co-funding rather than pricing.
Faissola Foundation firmographics
Firmographics- Name
- Faissola Foundation
- Legal name
- Faissola Foundation
- Website
- https://faissolafoundation.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Faissola Foundation is a UK-registered charity founded in 2020 by Michele Faissola that addresses child poverty in Europe by funding scholarships, learning centres, and night schools for disadvantaged youth, delivered through partnerships with schools, councils, churches, and the London Academy of Excellence.
- Ownership category
- akta.pro rank
Faissola Foundation industry classification
Industry- Product category
- Charitable Education Services
- NAICS
- Grantmaking Foundations (813211), Educational Support Services (611710), Grantmaking and Giving Services (81321)
- SIC
- Services-Educational Services (8200), Services-Social Services (8300)
- akta.pro primary industry
- Scholarship & Fellowship Foundations and Trusts (EDADAHAC)
- akta.pro secondary industries
- Education Grantmaking Foundations (BPAGAKAK), College Access, Scholarships & Student Success Nonprofits (BPAGADAE), Degree-Level Scholarships (Undergrad/Masters/PhD/Postdoc) (EDAIAOAE)
Keywords
Where Faissola Foundation is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Faissola Foundation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales
Revenue model
- Donations and Fundraising: As a charitable foundation registered in England (Charity Number 1193143), Faissola Foundation generates revenue through donations and fundraising initiatives led by founder Michele Faissola. The foundation uses capital allocation to fund scholarships, educational centers, and programs for disadvantaged children and young people.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Faissola Foundation product offering
Product offeringCore offering
Faissola Foundation is a UK-registered charitable foundation that provides educational support to disadvantaged children and young people in Europe. Its offerings include funded scholarships for A-Level students, a network of physical learning centres offering after-school study assistance and courses in technology, English, and financial literacy, night schools for adults seeking digital and financial education, and annual university-style residency programmes for selected scholars.
Product overview
The Faissola Foundation operates as a single unified charitable mission focused on addressing child poverty through educational support. Its core offerings consist of scholarships for disadvantaged students, network of learning centres for children aged 11-18, and night schools for adults. The foundation partners with institutions like the London Academy of Excellence (LAE) for its scholarship programme, while its own learning centres in Italy provide technology, English, and accounting courses. The LAE Faissola Scholars Programme represents an annual residency offering for selected students from low-income backgrounds.
Differentiator
Problem solved
Functional benefit
Products and services
- LAE Faissola Scholars Programme An annual university-style residency programme for selected London Academy of Excellence students from low-income households, chosen based on contextual factors and academic achievement. The programme provides a residential educational experience supplementing the foundation's scholarship support.
- Scholarships for Disadvantaged Students Scholarships funded by the foundation for underprivileged children and young people, covering educational resources, mentoring, career development services, and educational trips for A-Level students at partner institutions such as London Academy of Excellence.
- Learning Centres for Children and Young People Refurbished educational spaces managed by volunteers, offering children aged 11-18 a safe place to study after school with online materials, educational guidance from teachers and industry professionals, and workshops in technology, English, and accounting.
- Night Schools for Adults Evening educational programmes for adults aged 18+ seeking to add digital and financial studies to their professional skills, operated at the foundation's learning centres during evening hours.
Quantifiable outcome
- Students supported at LAE have received offers from Oxford, Cambridge, and LSE
- +2 more outcomes
Companies that use Faissola Foundation
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Faissola Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Faissola Foundation partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor, core and supporting.
- UWC Atlantic CollegeminorUWC Atlantic College in St. Donats Castle, Wales served as the venue for the first annual university-style residency programme for LAE Faissola Scholars in June 2024. The partnership provides a unique residential educational experience for scholarship recipients.
- London Academy of Excellence (LAE)coreStrategic partnership supporting students from low-income households at LAE in Stratford, East London. The foundation funds scholarships for 10 A-Level students annually, providing mentoring, career development services, educational resources, and trips. In 2024, the partnership was extended to include an annual university-style residency programme for Faissola Scholars. First cohort included students now studying at Oxford, Cambridge, and LSE.
- Local Municipalities and CouncilscorePartnerships with local councils and municipalities to identify and utilize abandoned or empty spaces for conversion into educational centers. The foundation works with these entities to ensure community needs are met and local children and young people receive appropriate support.
- Local Churches and Religious InstitutionscorePartnerships with churches and religious institutions of all denominations to utilize their empty spaces for educational centers. These partnerships provide physical locations for the foundation's learning centers and after-school programs.
- Local SchoolscoreCollaboration with schools to coordinate educational support, reach students in need, and ensure alignment with existing educational programs. The foundation works with school systems to provide supplementary education and resources.
- Tech and Finance ProfessionalssupportingProfessionals with successful careers in technology and finance who volunteer to offer in-person or remote courses and workshops based on their experience. They provide expertise in technology, accounting, and financial education to foundation beneficiaries.
Scale indicators6 records
Recent moves4 records
Expansion highlights5 records
Faissola Foundation competitors and assessment
Company assessmentDirect peers
- The Brilliant Club: UK charity placing PhD researchers in non-selective state schools to support disadvantaged pupils' progression to selective universities. Comparable in its evidence-led approach to widening access for low-income students.
- The Sutton Trust: UK education charity focused on social mobility through research, programmes, and partnerships with universities and schools. Comparable in targeting educational inequality and producing measurable university-access outcomes.
- IntoUniversity: UK charity operating physical local learning centres and university-access mentoring for young people from disadvantaged backgrounds. Highly comparable to Faissola's centre-plus-scholarship model targeting underprivileged UK youth.
- Future First: UK charity building alumni networks in state schools to support students' career and higher-education aspirations. Comparable in its focus on long-term mentoring and disadvantaged-youth progression.
- The Access Project: UK charity providing tutoring and mentoring to disadvantaged students to help them win places at top universities. Comparable in its disadvantaged-youth-to-university mission and partnerships with state schools.
Broad incumbents
- The Prince's Trust: Major UK charity supporting disadvantaged young people aged 11-30 across education, employment, and training. Comparable target demographic but much broader remit and substantially larger scale than Faissola.
- Teach First: Major UK education charity placing graduates in schools serving low-income communities to address educational disadvantage. Comparable in mission (educational inequality) but operates at materially larger scale and broader scope.
Regional players
- Compagnia di San Paolo: One of Italy's largest philanthropic foundations, active in education, social welfare, and cultural initiatives. Comparable in being a grantmaking educational foundation operating in Italy, though at materially larger scale.
- Fondazione Cariplo: Major Italian philanthropic foundation funding education, social services, and research. Comparable as a large Italian grantmaking foundation addressing educational disadvantage, though with a significantly broader mandate.
- Fondazione Con il Sud: Italian philanthropic foundation supporting social inclusion in southern Italy through grantmaking to third-sector organisations. Comparable as a foundation-driven educational and social-inclusion model in Italy, the foundation's other operational geography.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Faissola Foundation social profiles
Digital presenceFaissola Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Faissola Foundation leadership team
Management profileNumber of profiles
Profiles4 records
Faissola Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Faissola Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Faissola Foundation
What does Faissola Foundation do?
Faissola Foundation is a UK-registered charitable foundation that provides educational support to disadvantaged children and young people in Europe. Its offerings include funded scholarships for A-Level students, a network of physical learning centres offering after-school study assistance and courses in technology, English, and financial literacy, night schools for adults seeking digital and financial education, and annual university-style residency programmes for selected scholars.
Is Faissola Foundation a public or private company?
Faissola Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Faissola Foundation founded?
Faissola Foundation was founded in 2020. It employs 1 to 10 people.
Where is Faissola Foundation based?
Faissola Foundation is headquartered in London, United Kingdom, in the Europe region.
How does Faissola Foundation make money?
One revenue line is on record: donations and Fundraising.
Who are Faissola Foundation's main competitors?
Direct peers on record are The Brilliant Club, The Sutton Trust, IntoUniversity, Future First and The Access Project. Broad incumbents are The Prince's Trust and Teach First. Regional players are Compagnia di San Paolo, Fondazione Cariplo and Fondazione Con il Sud.
Does Faissola Foundation have an API?
No public API is recorded for Faissola Foundation.
What industry is Faissola Foundation in?
Faissola Foundation's product category is Charitable Education Services. Its primary akta.pro industry code is EDADAHAC, Scholarship & Fellowship Foundations and Trusts, with a secondary code of BPAGAKAK, Education Grantmaking Foundations. Its NAICS code is 813211 and its SIC code is 8200.