Finance Score: -2

Governance Score: -6

Support Score: 1

Multiple Deficits: -2
No PartB

Only 4 Trustees: -1
Very static board: -5

Overall weighted support: +1

Overall GiG Score: -7

OMID FOUNDATION

Established to help disadvantaged young women, to achieve self-determination, economic self-sufficiency and reintegration into society. Key functions:- Raising funds- Creating, structuring & monitoring programs required for the benefit of beneficiaries- Working with local partners to implement programs- Providing funds and oversight to ensure effective implementation.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker

Regulatory & Governance issues to consider:

Why are there only 4 trustees?
Why is the Board composition very static?

Financial issues to consider:

On several occasions in recent years income has been less than spending
A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/24		£238	£230	£9	n/a	n/a	n/a	n/a	n/a	n/a
31/03/23		£243	£223	£20	n/a	n/a	n/a	n/a	n/a	n/a
31/03/22		£79	£239	£-160	n/a	n/a	n/a	n/a	n/a	n/a
31/03/21		£277	£389	£-112	n/a	n/a	n/a	n/a	n/a	n/a
31/03/20?		£573	£381	£192	£41	£829	£829	26.1	2	58
31/03/18		£744	£701	£43	£104	£335	£294	5	1	0
31/03/17		£526	£763	£-237	£100	£292	£252	4	1	0
31/03/16		£608	£766	£-158	£113	£529	£529	8.3	1	0
31/03/15		£808	£515	£293	£103	£686	£658	15.4	0	0
31/03/14		£501	£427	£75	£68	£393	£373	10.5	3	0
31/03/13		£521	£430	£92	£61	£319	£319	8.9	0	0
31/03/12		£409	£413	£-5	n/a	n/a	n/a	n/a	n/a	n/a
31/03/11		£388	£377	£11	n/a	n/a	n/a	n/a	n/a	n/a
31/03/10		£310	£372	£-63	n/a	n/a	n/a	n/a	n/a	n/a
31/03/09		£413	£220	£193	n/a	n/a	n/a	n/a	n/a	n/a
31/03/08		£122	£138	£-16	n/a	n/a	n/a	n/a	n/a	n/a
31/03/07	*	£116	£36	£79	n/a	n/a	n/a	n/a	n/a	n/a

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Highest pay bracket: less than £60,000

Balance Sheet History

Established: 18 years

www.omidfoundation.com

marjaneh@omidfoundation.com

442075846949

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
The Prevention Or Relief Of Poverty

GiG Classification

Practical support, advice & companionship

How it operates

Makes grants to organisations
Other charitable activities
Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies

Who supports them? ?

Donations from Grant Makers ?

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

Specific Donations

Amount	When Months	To be used for
CAF - Grant to Omid Foundation
£5,000	21/04/2020 3	Grant to Omid Foundation to support the organisation through COVID19

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

ALI BAGHERZADEH Appointed: 2016

ALIREZA ITTIHADIEH Appointed: 2009

MARJANEH HALATI (Chair) Appointed: 2006

ROYA IZADI Appointed: 2006

Legal constitution

Charity registered in England & Wales on 14/07/2006, number: 1115318

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
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

17 returns made; AR07: 21 days late,

Main office

63 RUTLAND GATE
LONDON
SW7 1PJ

Objectives

THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST FOR THE PROMOTION OF EDUCATION AND THE RELIEF OF POVERTY DISTRESS OR SUFFERING IRAN BY PROVIDING ASSISTANCE SUPPORT EDUCATION AND TRAINING TO AN CONDUCTING ACADEMIC RESEARCH ON DISADVANTAGED YOUNG WOMEN THROUGHOUT THE WORLD;THE TRUSTEES SHALL NOT APPLY ANY PART OF THE TRUST FUND DIRECTLY IN RELIEF OF PUBLIC FUNDS, BUT MAY APPLY THE WHOLE OR ANY PART OF THE TRUST FUND IN SUPPLEMENTING PUBLIC FUNDS.THE TRUSTEES MAY, IN THEIR DISCRETION, FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED, INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR, ACCUMULATE ALL OR ANY PART OF SUCH INCOME BY INVESTING THE SAME, AND THE RESULTING INCOME, IN ANY AUTHORISED INVESTMENTS AND SHALL HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY, WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE OVERSEAS.

Data Sources

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