Finance Score: -3
Governance Score: 6
Support Score: 4
  • Volatile income: -3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +4
Overall GiG Score: 7 ?

BRITISH OLYMPIC FOUNDATION 

The main activities of the British Olympic Foundation include the promotion and advancement of all aspects of the Olympic Movement through public education in sport, sporting activity and other forms of physical education and recreation.
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
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

  • Income has been volatile recently

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£972£928£44£0£770£7039.100
31/12/21£1,510£1,372£137£0£726£689600
31/12/20£1,592£1,704£-113£0£589£5413.800
31/12/19£2,523£2,433£90£0£701£6283.100
31/12/18£1,205£1,095£110£0£611£6116.701
31/12/17£833£745£88£0£501£5018.100
31/12/16£1,845£1,788£57£0£413£4132.800
31/12/15£1,983£1,946£37£7£356£3562.200
31/12/14£1,740£1,810£-70£1,810£318£3182.100
31/12/13£2,163£2,444£-282£5£389£3891.900
31/12/12£901£1,086£-184£1,086£670£6707.400
31/12/11£79£492£-413£0£0£0n/a00
31/12/10£249£532£-282£0£0£0n/a00
31/12/09£503£457£46£28£1,435£1,43537.700
31/12/08£514£381£133£34£1,389£1,38943.800

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 13%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 91%
Reserves/Spending: 9.1 months
Net Current Assets/Spending: 10 months
Quick Ratio: 7.4
Asset Split ?
Established: 16 years

http://www.getset.co.uk/home

boa@teamgb.com

02078425700

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Amateur Sport
  • Arts/Culture/Heritage/Science
  • Education/Training
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Sports activities
How it operates
  • Makes Grants to Organisations
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • The General Public/Mankind

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.

Specific Donations
Amount When
Months
To be used for
Sport England - Travel to Tokyo 2019
£150,000 11/10/2021
Funding under Sport England's Families Fund funding programme for a Revenue project titled Travel to Tokyo 2019. This project is a Multi-Skill Coaching project, with a focus on younger beneficiaries.
Sport England - Travel to Tokyo 2019
£249,463 01/02/2021
41
Funding under Sport England's Families Fund funding programme for a Revenue project titled Travel to Tokyo 2019. This project is a Multi-Skill Coaching project, with a focus on younger beneficiaries.
Spirit of 2012 - Travel to Tokyo
£193,780 20/01/2020
Final amount of grant dispersed may differ due to project underspend and within agreed tolerance.
Sport England - Travel to Tokyo 2019
£2,668,702 23/08/2019
41
Funding under Sport England's Families Fund funding programme for a Revenue project titled Travel to Tokyo 2019. This project is a Multi-Skill Coaching project, with a focus on younger beneficiaries.
Sport England - Road to Tokyo
£429,190 14/08/2018
5
Funding under Sport England's Families Fund funding programme for a Revenue project titled Road to Tokyo. This project is a Sport and Physical Activity project, with a focus on younger beneficiaries.
Sport England - Think Active Project
£150,000 21/03/2018
0
Funding under Sport England's Funded Partners funding programme for a Revenue project titled Think Active Project. This project is a Sport participation and capacity building project, with a focus on ....more
DCMS - ALB-Think Active Project
£150,000 21/03/2018
[Placeholder]
National Lottery Community Fund - Get Set for Community Action
£2,094,334 30/07/2015
16
Get Set for Community Action
Spirit of 2012 - Get Set's Road to Rio
£600,000 30/10/2013
An extension of London 2012's education programme to inspire young people to get active and live the Olympic and Paralympic values through a mobile app. Final amount of grant dispersed may differ due ....more
National Lottery Community Fund - Get Set to Make a Change
£2,499,955 28/02/2013
24
This initiative aims to use the legacy of the 2012 Olympic Games to motivate young people from across the UK aged 14 - 19 to become Change Makers to work in partnership within their communities to ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed

Age Range of Trustees: 31-63
  • SAM SHAVE Appointed: 2020, Occupation: Businessman
Legal constitution
  • Charitable company registered in England & Wales on 20/12/2007, number: 1122080
  • Registered at Companies House on 07/06/2007, number: 06272889
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
15 returns made; all on time
Main office

The British Olympic Foundation
101 New Cavendish Street
LONDON
W1W 6XH

Objectives

1 THE PROMOTION AND ADVANCEMENT OF PUBLIC EDUCATION IN SPORT (WHICH ENCOMPASSES ALL ASPECTS OF SPORTING ACTIVITY AND OTHER FORMS OF PHYSICAL EDUCATION AND RECREATION) THROUGHOUT THE WORLD INCLUDING BUT NOT LIMITED TO:(A) THE HISTORY AND DEVELOPMENT OF SPORT;(B) THE HISTORY, DEVELOPMENT AND STRUCTURE OF LOCAL, NATIONAL AND INTERNATIONAL SPORTING AUTHORITIES;(C) THE HISTORY AND DEVELOPMENT OF SPORTS MEDICINE;(D) THE SOCIAL, POLITICAL AND ECONOMIC EFFECTS OF SPORT2 THE PROMOTION OF HEALTH OF THE PUBLIC (ESPECIALLY YOUNG PEOPLE), IN PARTICULAR BY THE PROVISION (AND ASSISTANCE IN THE PROVISION) OF FACILITIES SPORTS COACHING AND NUTRITIONAL AND OTHER LIFESTYLE ADVICE;3 THE PROMOTION OF THE STUDY OF AND RESEARCH INTO THE CAUSES, TREATMENT, AVOIDANCE AND PREVENTION OF ANY INJURY, AILMENT, COMPLAINT OR DISABILITY WHICH ARISES OR MAY ARISE FROM PARTICIPATION IN TRAINING FOR ANY SPORT, SPORTING ACTIVITY OR OTHER FORM OF PHYSICAL EDUCATION OR RECREATION ANYWHERE IN THE WORLD AND THE PROVISION OF RELIEF AND/OR TREATMENT FOR ANYONE SUFFERING FROM SUCH INJURY, AILMENT, COMPLAINT OR DISABILITY;4 THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION BY PROVIDING FACILITIES AND OPPORTUNITIES FOR PLAYING SPORT, PHYSICAL RECREATION OR OTHER SIMILAR LEISURE TIME OCCUPATION IN PARTICULAR FOR THOSE WHO HAVE A NEED OF SUCH BY REASON OF YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES;5 THE RELIEF OF PEOPLE WITH PHYSICAL SENSORY OR MENTAL DISABILITIES BY ENCOURAGING AND FACILITATING THEIR PARTICIPATION IN SPORTING ACTIVITIES AND ASSISTING IN THE PROVISION OF TRAINING, FACILITIES AND EQUIPMENT FOR THIS PURPOSE; AND6 SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES OF THE CHARITY MAY IN THEIR ABSOLUTE DISCRETION DETERMINE;AND IN FURTHERING THE OBJECTS THE TRUSTEES SHALL OBSERVE THE PRINCIPLES OF OLYMPISM SO FAR AS THESE ARE NOT INCONSISTENT WITH THEIR DUTIES AS CHARITY TRUSTEES.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE NATIONAL AND OVERSEAS

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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