Finance Score: -5

Governance Score: -9

Support Score: 0

Multiple Deficits and declines: -5
No PartB

No conflicts policy: -1
Only 3 Trustees: -2
Static board: -3
All male board: -3

No supporters identified

Overall GiG Score: -14

WALTER LEES FOUNDATION

The Trustees shall hold the capital and income of the Trust Fund upon trust to apply the income or capital at such time for the benefit of charitable objects at their discretion.In the objects clause the Trustees are also given power at their discretion to accumulate income for a period of 21 years from the date of death of the deceased.

Analysis by Giving is Great

Regulatory & Governance issues to consider:

This charity only provides its support via other charities
This charity does not have a Conflict of Interests policy
There are only 3 trustees
The Board is completely male
The Board composition appears to be rather static

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 and on several occasions in recent years 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
31/10/22	£44	£112	£-69	n/a	n/a	n/a	n/a	n/a
31/10/21	£43	£115	£-72	n/a	n/a	n/a	n/a	n/a
31/10/20	£52	£114	£-62	n/a	n/a	n/a	n/a	n/a
31/10/19	£61	£129	£-68	n/a	n/a	n/a	n/a	n/a
31/10/18	£71	£81	£-10	£0	£0	£0	n/a	0
31/10/17	£66	£98	£-31	£0	£0	£0	n/a	0
31/10/16	£63	£93	£-30	£0	£0	£0	n/a	0
31/10/15	£60	£101	£-42	£0	£0	£0	n/a	0
31/10/14	£72	£97	£-26	£0	£0	£0	n/a	0
31/10/13	£61	£94	£-34	£0	£0	£0	n/a	0
31/10/12	£60	£51	£10	£0	£0	£0	n/a	0
31/10/11	£16	£11	£5	£0	£0	£0	n/a	0

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Download accounts

Highest pay bracket: less than £60,000

Established: 14 years

www.walterleesfoundation.org.uk

0207 593 5000

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

GERALD RICHARD ORNSTEIN (Chair) Appointed: 2010

STEVEN PAUL FROST Appointed: 2017

MR HUGH MACDOUGALD Appointed: 2010, Other trusteeships: ENGLISH CHAMBER ORCHESTRAL AND MUSIC SOCIETY LTD, THE PAVIORS' CHARITY, The Henrietta St. Andrew Charity, THE LONDON CONSTRUCTION ACADEMY,

Legal constitution

Charity registered in England & Wales on 11/11/2010, number: 1138935

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Investment

Filing Record

12 returns made; all on time

Main office

C/O Winckworth Sherwood LLP
Abor
255 Blackfriars Road
London
SE1 9AX

Objectives

TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL AT SUCH TIME OR TIMES AND IN SUCH MANNER TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS MY TRUSTEES MAY IN THEIR DISCRETION THINK FIT

Defined Area of Benefit:

UNDEFINED.

Data Sources