Finance Score: 0
Governance Score: 6
Support Score: 10
  • No PartB
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Grant maker support: +10
Overall GiG Score: 16 ?

KEYFUND FEDERATION LIMITED 

The Key inspire belief in young people through the power of possibilities. The Key support young people aged 11-25 to further their skills, develop their confidence and unlock their potential.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • A significant proportion of recent income was derived from major grant makers including a Community Foundation
  • The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
Established: 22 years
(27 years as a company)

www.thekeyuk.org

theteam@thekeyuk.org

01917317830

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

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
31/03/23£480£387£92n/an/an/an/an/a50
31/03/22£427£554£-127n/an/an/an/an/a100
31/03/21£504£392£112£0£521£35010.7942
31/03/20*£525£435£90£0£409£2386.6659
31/03/19£506£468£39£0£319£1333.4885
31/03/18£430£499£-70£0£0£0n/a00
31/03/17£606£519£87£0£350£1122.680
31/03/16£492£684£-192£0£0£0n/a00
31/03/15£701£614£88£62£455£2244.480
31/03/14£697£636£61£87£367£1162.2100
31/03/13£573£562£11£86£305£521.1100
31/03/12£611£566£45£64£291£701.580
31/03/11£671£625£46£27£246£841.670
31/03/10£519£496£23£33£200£681.650
31/03/09£390£484£-94£0£0£0n/a00
31/03/08£550£530£20£7£301£1062.460
31/03/07*£331£326£6£0£0£0n/a00
31/03/06*£482£379£103£0£0£0n/a00
31/03/05*£521£446£74£0£0£0n/a00
31/03/04*£396£536£-140£0£0£0n/a00

Senior Staff Costs/Total Spending: 20%
Highest pay band: £60,000-£70,000
What it does
  • Economic/Community Development/Employment
  • Education/Training
Who works here?
  • 50 volunteers
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Throughout England,

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Paul Hamlyn Foundation£631,500
Esmee Fairbairn£234,000
Dulverton Trust£105,000
Garfield Weston Foundation£60,000
National Lottery Community Fund£59,451
County Durham Community Foundation£38,240
Community Foundation serving Tyne & Wear and Northumberland£12,302
Masonic Trust£9,750
Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - Grant to The Key (Registered as Keyfund Federation Ltd)
£6,500 06/02/2023
Towards unrestricted core costs as a Cost of Living Uplift
Paul Hamlyn Foundation - Supporting scale-up implementation
£11,500 18/01/2023
The Key supports young people aged 11-25 to further their skills, develop their confidence and unlock their potential. This grant will provide core funding to scale work with young people facing ....more
National Lottery Community Fund - Working together with KEY+
£59,451 18/01/2023
The funding will be used to support fifty young people to undertake a skills development/enterprise programme. The project aims to allow young people to reach their potential and support their ....more
County Durham Community Foundation - The Key to Social Action
£9,662 19/12/2022
To support a social action project.
County Durham Community Foundation - The Key to Employability
£4,985 14/09/2022
To support skills development for young people.
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£30,000 24/06/2022
The Key to KEY+
County Durham Community Foundation - Key+ Employability Skills
£10,000 06/04/2022
To support Key+ Employability Skills in Durham.
Community Foundation serving Tyne & Wear and Northumberland - A grant to Keyfund Federation Limited
£7,534 20/01/2022
Core costs for County Durham based youth-led development programme
County Durham Community Foundation - The Key to Skills for the Future
£4,770 19/11/2021
To provide young people from County Durham the opportunity to complete a skills development programme.
Community Foundation serving Tyne & Wear and Northumberland - A grant to Keyfund Federation Limited
£4,768 30/09/2021
Project and core costs needed to enable 16 young people from Tyne and Wear and Northumberland to complete a youth-led development programme
Masonic Trust - MCF Festival
£9,750 06/07/2021
The grant will support 64 young people aged 11-25 years old in Durham who are disadvantaged. The project helps to increase confidence, increase self-worth, reduce anxiety and develop new skills for ....more
Paul Hamlyn Foundation - The Key organisational growth and development
£30,000 08/03/2021
The Key engages young people who are vulnerable and facing complex barriers to progression, helping them to work together in small teams to dream up, plan, budget, deliver and evaluate their own ....more
CAF - Grant to Keyfund Federation Limited (Registered name)
£3,429 22/06/2020
3
Grant to Keyfund Federation Limited (Registered name) to support the organisation through COVID19
Paul Hamlyn Foundation - COVID19 Emergency Funding
£20,000 28/05/2020
3
Support to aid the organisation in dealing with the challenges posed by COVID19.
Esmee Fairbairn - Grant to The Key (Registered as Keyfund Federation Ltd)
£32,500 05/05/2020
6
towards unrestricted core costs as a COVID-19 fast response grant
County Durham Community Foundation - The Key to Keeping Calm and Carrying On
£4,052 20/04/2020
The Key to Keeping Calm and Carrying On.
Esmee Fairbairn - Grant to The Key (Registered as Keyfund Federation Ltd)
£195,000 31/03/2020
36
Towards core costs of an organisation that improves support and creates long-term change for disadvantaged young people in the North East, as it seeks to expand its reach to improve social mobility ....more
Paul Hamlyn Foundation - Additional package of support 2019-20
£30,000 16/03/2020
12
Towards organisational growth and development as part of Growth Fund annual package of support.
Garfield Weston Foundation - Main Grants award
£30,000 17/01/2020
The Key to Skills and Confidence
Dulverton Trust - Core Funding
£105,000 23/10/2019
Core Funding
Paul Hamlyn Foundation - Supporting scale-up implementation
£500,000 24/09/2019
48
Core funding to scale work with young people facing complex barriers to progression to develop, deliver and evaluate their own projects, and to test models of delivery.
The Shears Foundation - The Key (Registered as Keyfund Federation Limited)
£8,900 05/08/2019
The Key to Skills & Confidence!
Paul Hamlyn Foundation - Package of Support
£40,000 13/05/2019
12
Towards organisational growth and development as part of Growth Fund annual package of support.
County Durham Community Foundation - Inspiring belief in young people
£4,771 07/05/2019
To support an inspiring belief in young people project.
ZING - Tech infrastructure re-development for scale-up strategy
£35,000 19/03/2019
12
Joint funding toward tech infrastructure review, scoping and development; implementing more efficient/ fit for purpose systems, and to support reaching scale across the UK.
Virgin Money Foundation - Grant to The Key
£16,275 04/03/2019
24
This grant will support Gabriel Brown, a young filmmaker, to work with young people from across the North East to create a better understanding of the importance of Personal, Social and Health ....more
Garfield Weston Foundation - Main Grants award
£30,000 25/07/2018
Invest to grow
Paul Hamlyn Foundation - Contribution to growth plans
£100,000 26/02/2018
24
The Keyfund supports young people who face complex barriers to progression to find their passion and unlock potential. It focuses on helping young people by working in teams to develop their skills ....more
Tudor Trust - Grant to Keyfund Federation Ltd
£25,000 19/02/2018
12
over one year as continuation funding towards the running costs of a charity offering leadership opportunities to young people across the North East of England
Tudor Trust - Grant to Keyfund Federation Ltd
£3,000 18/10/2017
12
as a development grant towards a market analysis of clinical commissioning with the aim of being able to raise funds from CCGs for The Key's work on improving young people's mental health
Virgin Money Foundation - Grant to The Key
£148,214 17/08/2017
12
The #iwill Take Action award will enable The Key to work with young people across the North East to develop over 200 social action projects. Those who complete the four stages of the Key Framework ....more
Tudor Trust - Grant to Keyfund Federation Ltd
£50,000 30/11/2016
12
over one year towards the running costs of a charity offering leadership opportunities to young people across the North East of England
Dulverton Trust - continuing team challenges to build social and life skills
£58,586 25/10/2016
continuing team challenges to build social and life skills
Pears Foundation - Grant to The Key
£113,377 12/01/2016
18
National Youth Social Action Fund: Key Programme_x000D_
Paul Hamlyn Foundation - Building sustainabiity by diversifying income streams and up-skilling staff.
£53,153 14/12/2015
24
The Keyfund seeks to engage young people who are vulnerable and facing complex barriers to progression and social mobility. It focuses on helping young people identify their passions and practically ....more
Community Foundation Tyne & Wear & Nthmbrlnd - Towards Personal, social skills and confidence building for young people
£3,040 04/07/2015
Towards Personal, social skills and confidence building for young people
Dulverton Trust - team challenges to build social and life skills
£30,000 22/10/2014
team challenges to build social and life skills
Esmee Fairbairn - Grant to The Key (Registered as Keyfund Federation Ltd)
£299,294 24/06/2014
Towards the core costs of an organisation that supports young people to create and develop projects that enable them to build their skills, increase their confidence, problem-solve and help them cope ....more
Northern Rock Foundation - Grant awarded to Keyfund Federation Limited (North East)
£31,570 19/09/2013
To further resource and take to market Keyfund's 'Kerching' programme which helps young people develop their relationship with money and become financially resilient.
Northern Rock Foundation - Grant awarded to Keyfund Federation Limited (North East)
£19,750 22/06/2012
To pilot a financial inclusion programme.
Northern Rock Foundation - Grant awarded to Keyfund Federation Limited (North East & Cumbria)
£65,000 13/12/2011
Towards core costs and pot money supporting young disadvantaged people in the North East and Cumbria.
Esmee Fairbairn - Grant to The Key (Registered as Keyfund Federation Ltd)
£74,338 07/04/2010
36
Towards Core costs Towards the salary of a licensee development manager.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Age Range of Trustees: 44-72
  • MARY YOUNGS Appointed: 2019, Occupation: Technology Consultant
Legal constitution
  • Charitable company registered in England & Wales on 28/08/2002, number: 1093569
  • Registered at Companies House on 25/03/1997, number: 03339120
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR20: 8 days late, AR07: 34 days late, AR06: 16 days late, AR05: 1 days late, AR04: 36 days late,
Main office

Suite 5, 6th Floor West
Hadrian House
Higham Place
NEWCASTLE UPON TYNE
NE1 8AF

Objectives

(1) To advance the education of young people between 11 and 25 years of age in England and Wales by the provision of grants, (training and educational services).(2)To provide recreational and leisure time activities in the interests of social welfare to improve the conditions of life for young persons in the said area who are between 11 and 25 years of age without distinction of political, religious or other opinions in particular by the provision of grants.

Defined Area of Benefit:

NORTH EAST ENGLAND

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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