Fund Management
Restricted funds, commitments and disbursements across the BAT portfolio.
Active restricted funds
7
USD balance
$18.80m
GBP balance
£3.48m
Need attention
6
Disbursement / evidence holds
Fund Management Agent: NEST tranche 2 is blocked because baseline evidence is pending for two first-cohort implementation partners.
Child Opportunity Fund / KAWACH
Multiple funders incl. Oak Foundation, KKR Foundation, Amazon
Restriction: Child protection ecosystem in India
Opening
$3.85m
Income
$5.20m
Spent
$3.10m
Balance
$5.95m
Utilisation52%
KAWACH / Child Opportunity Fund
Report due 2026-08-15
Social Finance — Back to School / LiftEd
LiftEd founding funder coalition
Restriction: Foundational literacy and numeracy outcomes
Opening
$6.10m
Income
$4.80m
Spent
$3.90m
Balance
$7.00m
Utilisation56%
LiftEd
Report due 2026-07-30
Social Finance — NSDC / Skill Impact Bond
SIB coalition funders
Restriction: Skilling, placement and retention outcomes
Opening
$2.40m
Income
$1.80m
Spent
$1.50m
Balance
$2.70m
Utilisation64%
Skill Impact Bond
Report due 2026-08-05
NEST Outcomes Facility
360 ONE Foundation; BT Group
Restriction: Pay-for-results contracts for nano entrepreneurs
Opening
$4.00m
Income
$0
Spent
$850k
Balance
$3.15m
Utilisation21%
NEST Outcomes Facility
Report due 2026-09-10
Adolescent Girls / BT Group partnership
BT Group India
Restriction: Digital skills, online safety, inclusion and youth pathways
Opening
£2.10m
Income
£1.60m
Spent
£1.25m
Balance
£2.45m
Utilisation51%
BT Group adolescent girls technology partnership
Report due 2026-07-20
Conservation — Darwin Initiative
Darwin Initiative / UK Government
Restriction: Conservation projects in Northeast India
Opening
£950k
Income
£600k
Spent
£520k
Balance
£1.03m
Utilisation50%
CoExistence Fund / Conservation
Report due 2026-09-30
Climate Innovation Fund
SAJIDA Foundation; Prime Bank PLC
Restriction: Climate-smart agricultural innovation in Bangladesh
Opening
৳32.00m
Income
৳18.00m
Spent
৳12.50m
Balance
৳37.50m
Utilisation25%
Climate Innovation Fund
Report due 2026-10-15