Finance Score: 1

Governance Score: 9

Support Score: 10

Liabilities <10%: +3
Spending falling: -1
but now stabilising: +1
Multiple Deficits: -2

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +10

Overall GiG Score: 20

MQ: TRANSFORMING MENTAL HEALTH

The charity's main objectives for the period were to:1. Grow and develop the infrastructure of the charity; 2. Develop and implement a Fundraising Strategy;3. Develop and implement a Science Strategy and Knowledge Management infrastructure;

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

Spending has fallen significantly over the last 5 years relative to the previous period but has stabilised more recently
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 £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23	£3,480	£2,577	£904	£564	£5,301	£3,220	15	22	4
31/12/22	£3,543	£2,726	£817	£531	£4,397	£2,874	12.7	16	6
31/12/21	£1,873	£2,067	£-195	£475	£3,580	£2,749	16	14	9
31/12/20	£1,985	£2,348	£-362	£428	£3,775	£3,310	16.9	16	12
31/12/19	£1,323	£3,806	£-2,483	£487	£4,137	£3,956	12.5	17	32
31/12/18	£5,731	£4,583	£1,148	£680	£6,621	£6,384	16.7	23	0
31/12/17	£6,341	£5,132	£1,210	£2,146	£5,472	£4,820	11.3	23	0
31/12/16	£6,111	£4,201	£1,910	£1,972	£4,262	£4,262	12.2	19	0
31/12/15	£235	£2,123	£-1,888	n/a	n/a	n/a	n/a	n/a	n/a
31/12/14	£100	£1,001	£-901	n/a	n/a	n/a	n/a	n/a	n/a
31/12/13	£250	£599	£-348	n/a	n/a	n/a	n/a	n/a	n/a
31/12/12	£5,089	£471	£4,618	£294	£5,490	£5,490	140	8	0
31/12/11	£974	£102	£872	£102	£872	£872	102.8	7	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 16.7%
Fundraising Costs/Total Spending: 21.9%
Senior Staff Costs/Total Spending: 28%
Highest pay band: £130,000-£140,000
Liabilities/Assets: 2%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 61%
Reserves/Spending: 15 months
Net Current Assets/Spending: 25 months
Quick Ratio: 48.7

Asset Split ?

Balance Sheet History

Established: 14 years

www.mqmentalhealth.org

info@mqmentalhealth.org

03000308100

Charity Commission for England and Wales

Tweets

Listed activities

Disability
Education/Training
The Advancement Of Health Or Saving Of Lives

GiG Classification

Philanthropic intermediaries and volunteering

How it operates

Makes grants to organisations
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

People With Disabilities
The General Public/Mankind

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.

Major supporters in last 5 years

Wolfson Foundation	£500,000
Prudence Trust	£492,919
Garfield Weston Foundation	£100,000
The Grocers' Charity	£59,328

Specific Donations

Amount	When Months	To be used for
Prudence Trust - EN-CAMHS 2 & FORESIGHT
£357,031	28/09/2023	Feasibility, sustainability and rollout of new digital tool for CAMHS referrals (EN-CAMHS 2 & FORESIGHT)
Prudence Trust - Review of research on mental health and the internet
£35,888	13/06/2023	Review of research on the relationship between mental health and the internet
Prudence Trust - MQ - core costs
£100,000	20/01/2022	Core costs
The Grocers' Charity - 2022-MQ Mental Health Research
£54,265	04/01/2022	Towards research into treating and preventing mental health illnesses.
Wolfson Foundation - Grant to MQ: Transforming Mental Health
£500,000	09/12/2021	Research programme on the impact of Long Covid on mental health
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£100,000	03/12/2021 36	Fellows Award Programme 2022
The Grocers' Charity - 2021 - MQ Mental Health
£4,563	30/09/2020	Ethical research into specific medical conditions
The Grocers' Charity - 2020 MQ Mental Health
£500	11/12/2019	Ethical research into specific medical conditions
Wolfson Foundation - Grant to MQ: Transforming Mental Health
£150,000	13/06/2019	Transform Research Portal

Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

Age Range of Trustees: 45-74

DR HELEN MUNN Appointed: 2020, Occupation: Ceo

FABRIZIO CAMPELLI Appointed: 2023, Occupation: Management Board Member Of Deutsche Bank

JAMES EDWIN PALMER Appointed: 2023, Occupation: Lawyer

JOHN A HERRMANN JR Appointed: 2017

MICHAEL JOHN HORVITZ Appointed: 2020, Occupation: Retired Lawyer

PROFESSOR ANN JOHN Appointed: 2023, Occupation: Professor

PROFESSOR RORY O'CONNOR Appointed: 2022, Occupation: Professor

SARAH WOOLNOUGH Appointed: 2019, Occupation: Executive Director, Policy And Information

SHAHZAD MALIK (Chair) Appointed: 2017, Occupation: Venture Capitalist

Legal constitution

Charitable company registered in England & Wales on 19/01/2011, number: 1139916
Registered at Companies House on 13/10/2010, number: 07406055

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

13 returns made; all on time

Main office

6 Honduras Street
London
EC1Y 0TH

Objectives

GOVERNING DOCUMENT (ARTICLES OF ASSOCIATION) BASED ON CHARITY COMMISSION PRECEDENT.THE OBJECTS OF THE CHARITY ARE1. TO PROTECT, PRESERVE, FOSTER, PROMOTE AND ADVANCE ALL OR ANY ASPECTS OF THE MENTAL HEALTH AND WELFARE OF HUMANKIND AND TO ADVANCE AND PROMOTE KNOWLEDGE AND EDUCATION BY ENGAGING IN, ENCOURAGING, FUNDING AND OTHERWISE SUPPORTING: (A) SCIENTIFIC RESEARCH OR OTHER RESEARCH INTO THE NATURE, CAUSES, DIAGNOSIS, PREVENTION, TREATMENT AND CURE OF ALL FORMS OF MENTAL ILLNESS; AND(B) THE DISCOVERY, INVENTION, IMPROVEMENT, DEVELOPMENT AND APPLICATION OF TREATMENTS, CURES, DIAGNOSTICS AND OTHER MEDICINAL AGENTS, METHODS AND PROCESSES THAT MAY IN ANY WAY RELIEVE ILLNESS, DISEASE, DISABILITY OR DISORDERS OF WHATEVER NATURE IN HUMAN BEINGS THAT IS OR MAY BE CAUSED, IN WHOLE OR IN PART, BY ANY AND ALL FORMS OF MENTAL ILLNESS; 2. TO ADVANCE AND PROMOTE KNOWLEDGE, PUBLIC UNDERSTANDING, PUBLIC ENGAGEMENT AND EDUCATION BY ENGAGING IN, ENCOURAGING AND SUPPORTING: (A) THE STUDY AND UNDERSTANDING OF MENTAL ILLNESS AND MENTAL HEALTH AND WELFARE. (B) RESEARCH INTO THE HISTORY OF MENTAL ILLNESS AND MENTAL HEALTH AND WELFARE. IN EACH CASE WITH THE INTENTION OF PRODUCING RESULTS THAT ADD OR MAY ADD TO SCIENTIFIC KNOWLEDGE

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL

Data Sources

Watch Inspiring Videos

Save the upside down forest

Change the ending - the pain of Alzheimers

Help Dads in prison stay in touch with their children