Finance Score: 2
Governance Score: 2
Support Score: 0
  • Large legacies income: +1
  • Accounts filed more than 5 days late: -2 times
  • Strong growth: +2
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • No supporters identified
Overall GiG Score: 4 ?

EMPOWER - THE EMERGING MARKETS FOUNDATION LIMITED 

The objectives of the charity are to promote education and good health and to relieve poverty among children, young people, women and the disadvantaged in emerging and developing countries.The charity carries out its objectives by raising funds and distributing them to local, community-based organisations seeking to empower youth, especially girls and young women.
Analysis by Giving is Great

Positives:

  • This charity has received considerable income from legacies in recent years
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • There are 18 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
  • On several occasions in recent years income has been less than spending

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
30/06/22£5,383£6,594£-1,212£168£2,312£1,9043.560
30/06/21£5,380£3,888£1,492£87£3,524£3,36810.450
30/06/20£3,923£4,246£-324£327£2,260£2,2606.452
30/06/19*£4,005£3,240£765£190£2,292£2,2928.530
30/06/18*£2,129£1,796£334£0£952£9526.430
30/06/17£2,876£2,601£275£0£1,025£1,0254.730
30/06/16*£1,448£1,907£-459£0£438£4382.830
30/06/15£1,773£2,007£-234£278£870£8705.230
30/06/14*£2,860£2,262£598£232£1,610£1,6108.520
30/06/13£1,349£1,370£-21£111£643£6435.610
30/06/12£1,181£1,352£-171£114£675£675610
30/06/11£1,191£997£194£58£813£8129.810
30/06/10£2,080£1,309£771£135£999£986900
30/06/09*£1,102£912£189£97£163£1622.100
30/06/08*£484£663£-179£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 3.1%
Fundraising Costs/Total Spending: 2.6%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 46%
Liabilities/Income: 37%
Unrestricted Funds/Total Funds: 82%
Reserves/Spending: 3.5 months
Net Current Assets/Spending: 4 months
Quick Ratio: 2.1
Asset Split ?
Established: 17 years

www.empowerweb.org

empoweruk@empowerweb.org

+1 212-608-4455

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Services for females
How it operates
  • Makes Grants to Organisations
  • Provides services
Where it operates
  • Argentina, Brazil, China, Colombia, Ghana, India, Indonesia, Mexico, Nigeria, Peru, Philippines, Russia, South Africa, Turkey, Vietnam,
Who it helps
  • Children/Young People
Who works here?
  • 6 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (18)
Current Trustees appointed

Age Range of Trustees: 39-68
  • COLIN REEDIE Appointed: 2020, Occupation: Head Of Active-Strategies
  • CYNTHIA STEELE Appointed: 2019, Occupation: President And Ceo, Empower
  • JEREMY LLEWELYN Appointed: 2011, Occupation: Hedge Fund And Private Equity Fund Manager
  • JOHN PATTON Appointed: 2020, Occupation: Asset Management
  • KUNAL SHAH (Chair) Appointed: 2016, Occupation: Partner
  • SWATEE DEEPAK Appointed: 2020, Occupation: Social Justice And Philanthropic Consultant
Legal constitution
  • Charitable company registered in England & Wales on 23/04/2007, number: 1118916
  • Registered at Companies House on 27/07/2006, number: 05889426
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
15 returns made; AR19: 57 days late, AR18: 10 days late, AR16: 10 days late, AR14: 20 days late, AR09: 150 days late, AR08: 12 days late,
Main office

PATERNOSTER HOUSE
65 ST. PAUL'S CHURCHYARD
LONDON
EC4M 8AB

Objectives

TO PROMOTE EDUCATION, GOOD HEALTH AND TO RELIEVE POVERTY AMONG CHILDREN, YOUNG PEOPLE, WOMEN AND THE DISADVANTAGED IN EMERGING MARKETS AND OTHER DEVELOPING COUNTRIES.

Defined Area of Benefit:

NOT DEFINED IN PRACTICE NATIONAL AND OVERSEAS

Data Sources

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

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