Finance Score: -5

Governance Score: 1

Support Score: 0

Volatile income & significant deficit in latest year: -5
No PartB

No volunteer policy: -2
Dynamic board: +3

No supporters identified

Overall GiG Score: -4

GHANA INTERNATIONAL FOUNDATION

The Foundation is sponsored by the London based Ghana International Bank plc with the objects of providing relief to persons in Africa in general but especially in Ghana, from conditions of need, hardship or distress and the furtherence of education. The Trustees are all based in London.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Income has been volatile recently and was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22	£52	£95	£-42	n/a	n/a	n/a	n/a	n/a	6
31/12/21	£50	£1	£49	n/a	n/a	n/a	n/a	n/a	4
31/12/20	£81	£65	£16	n/a	n/a	n/a	n/a	n/a	4
31/12/19	£101	£25	£75	n/a	n/a	n/a	n/a	n/a	4
31/12/18	£127	£114	£12	£0	£0	£0	n/a	0	0
31/12/17	£131	£131	£0	£0	£0	£0	n/a	0	0
31/12/16	£157	£207	£-50	£0	£0	£0	n/a	0	0
31/12/15	£208	£166	£42	£0	£0	£0	n/a	0	0
31/12/14	£183	£158	£25	£0	£0	£0	n/a	0	0
31/12/13	£151	£152	£-2	£0	£0	£0	n/a	0	0
31/12/12	£125	£134	£-9	£0	£0	£0	n/a	0	0
31/12/11	£109	£99	£10	£0	£0	£0	n/a	0	0
31/12/10	£88	£98	£-10	£0	£0	£0	n/a	0	0
31/12/09	£118	£108	£10	£0	£0	£0	n/a	0	0
31/12/08	£82	£79	£3	£0	£0	£0	n/a	0	0
31/12/07	£66	£66	£0	£0	£0	£0	n/a	0	0
31/12/06	£42	£48	£-6	£0	£0	£0	n/a	0	0
31/12/05	£22	£22	£0	£0	£0	£0	n/a	0	0
31/12/04	£11	£22	£-11	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 23 years

janet.mbu@ghanabank.co.uk

02076530393

Charity Commission for England and Wales

Listed activities

Education/Training
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

International poverty relief

How it operates

Makes Grants to Organisations

Where it operates

City Of London, Ghana,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities

Who works here?

Unknown number of employees
6 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

CALUM THOMSON Appointed: 2021

DEAN ADANSI Appointed: 2019

RAYMOND JACOB BAKARY SAMBOU Appointed: 2018

SUNDEEP BHANDARI Appointed: 2022

LORD PAUL YAW BOATENG (Chair) Appointed: 2017, Other trusteeship: ROYAL PHILHARMONIC ORCHESTRA LIMITED,

Legal constitution

Charity registered in England & Wales on 20/11/2000, number: 1083550

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; all on time

Main office

GHANA INTERNATIONAL BANK PLC
67 CHEAPSIDE
LONDON
EC2V 6AZ

Objectives

THE TRUSTEES SHALL HOLD THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL THEREOF FOR OR TOWARDS RELIEVING PERSONS RESIDENT IN THE CONTINENT OF AFRICA WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS AS A RESULT OF LOCAL, NATIONAL OR INTERNATIONAL DISASTER OR BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES AND IN FURTHERING THE EDUCATION OF PERSONS RESIDENT IN THE CONTINENT OF AFRICA IN SUCH MANNER AS THE TRUSTEES MAY AT ANY TIME AND FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT DURING THE ACCUMULATION PERIOD THE TRUSTEES MAY IN THEIR DISCRETION ACCUMULATE THE WHOLE OR ANY PART OF THE INCOME OF THE TRUST FUND BY INVESTING THE SAME AND THE RESULTING INCOME THEREOF IN OR UPON ANY INVESTMENTS HEREBY AUTHORISED AND SHALL HOLD SUCH ACCUMULATIONS AS AN ACCRETION TO THE CAPITAL OF THE TRUST FUND AND AS ONE FUND THEREWITH FOR ALL PURPOSES.

Defined Area of Benefit:

AFRICA

Data Sources