Finance Score: 2

Governance Score: 6

Support Score: 11

Excess liquidity: -1
Fundraising costs low: +3

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

Grant maker support: +11

Overall GiG Score: 19

BIG CHANGE CHARITABLE TRUST

Big Change is a social impact accelerator. We invest in big ideas that help young people thrive in live, not just exams.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income

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
31/12/22		£3,000	£2,278	£723	£149	£3,222	£3,098	16.3	13
31/12/21	*	£2,179	£2,063	£116	£173	£2,622	£2,609	15.2	10
31/12/20		£1,199	£1,734	£-534	£247	£2,416	£2,398	16.6	9
31/12/19		£2,241	£1,969	£272	£624	£2,920	£2,903	17.7	9
31/12/18		£3,665	£2,770	£895	£246	£2,584	£2,584	11.2	6
31/12/17		£1,541	£1,166	£375	£357	£1,713	£1,713	17.6	5
31/12/16		£3,088	£1,894	£1,194	£1,311	£1,338	£1,338	8.5	5
31/12/15		£502	£701	£-199	£220	£144	£144	2.5	4
31/12/14		£1,461	£1,230	£231	£685	£343	£343	3.3	3
31/12/13		£201	£236	£-35	£0	£0	£0	n/a	0
31/12/12		£555	£408	£147	£248	£147	£147	4.3	1

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 6.3%
Fundraising Costs/Total Spending: 7.3%
Senior Staff Costs/Total Spending: 16%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 17%
Liabilities/Income: 21%
Unrestricted Funds/Total Funds: 96%
Reserves/Spending: 16.3 months
Net Current Assets/Spending: 12 months
Quick Ratio: 1.4

Asset Split ?

Established: 12 years

www.big-change.org

info@big-change.org

02031263971

Charity Commission for England and Wales

Tweets

Listed activities

Amateur Sport
Disability
Economic/Community Development/Employment
Education/Training
General Charitable Purposes
Overseas Aid/Famine Relief
Recreation
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Social & legal advocacy

How it operates

Makes Grants to Organisations
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
People With Disabilities
The General Public/Mankind

Who works here?

13 employees

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.

Major supporters in last 5 years

Paul Hamlyn Foundation	£65,000
Esmee Fairbairn	£50,000
The Blagrave Trust	£30,000
CHK Foundation	£25,000

Specific Donations

Amount	When Months	To be used for
Paul Hamlyn Foundation - Setting a new direction for education and learning in England
£35,000	03/03/2023	Big Change is a charitable trust that works with partners to influence a society where every young person is set up to thrive. Through their community of supporters, they direct funds and provide ....more Big Change is a charitable trust that works with partners to influence a society where every young person is set up to thrive. Through their community of supporters, they direct funds and provide support to pioneers and projects that deliver bold approaches. This grant will fund the creation of a policy report which will set out a new narrative and vision for education policy for schools in England – this aims to bring together young people’s and the wider public’s perspectives and priorities for change with an existing evidence base and credible examples of innovation in education systems.
Paul Hamlyn Foundation - Subject to Change research programme
£30,000	18/02/2022	Big Change is a charitable trust that works with partners to influence a society where every young person is set up to thrive. Through their community of supporters, they direct funds and provide ....more Big Change is a charitable trust that works with partners to influence a society where every young person is set up to thrive. Through their community of supporters, they direct funds and provide support to pioneers and projects that deliver bold approaches to change. This grant contributes to Big Change’s Subject to Change research programme on models of education and learning reform. Funding will help to ensure youth agency and leadership within the programme, in the form of a team of Youth Associates, Students as Researchers and focus groups with young people from underrepresented communities.
The Blagrave Trust - Co-Mission on Education
£30,000	30/10/2021	To support the involvement of young people in a co-mission to create systemic change to the educational system.
Esmee Fairbairn - Grant to Big Change Charitable Trust
£50,000	15/12/2020 12	Towards project costs
CHK Foundation - CHK Discretionary Grant
£25,000	01/12/2020	to support specified work

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Based on 6/7 persons

Age Range of Trustees: 27-64

NYASHA KUZIVAKWASHE DURI Appointed: 2021, Occupation: Engagement Specialist

BEATRICE YORK Appointed: 2013, Occupation: Private Equity Analyst

BENJAMIN JAMES HAY Appointed: 2017, Occupation: Director

DAVID WILLIAM SCOTT Appointed: 2013, Occupation: Solicitor

HOLLY BRANSON Appointed: 2011, Occupation: Special Projects Manager

PHILIP MICHAEL NEVIN (Chair) Appointed: 2011, Occupation: Director

DAME ALISON MARGARET PEACOCK Appointed: 2021, Occupation: Chief Executive, Other trusteeship: THE HELEN HAMLYN TRUST,

Legal constitution

Charitable company registered in England & Wales on 23/12/2011, number: 1145224
Registered at Companies House on 22/06/2011, number: 07679479

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

11 returns made; AR21: 8 days late,

Main office

7 Savoy Court
London
WC2R 0EX

Objectives

THE CHARITY'S OBJECTS (OBJECTS) ARE:(A) THE PROMOTION OF PARTICIPATION IN HEALTHY RECREATION IN PARTICULAR BY THE PROVISION OF FACILITIES FOR THE PLAYING OF SPORTS;(B) TO ASSIST IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT ANY CHARITY WHOSE AIMS INCLUDE ADVANCING EDUCATION OF PERSONS UNDER THE AGE OF 25 YEARS BY DEVELOPING THEIR MENTAL, PHYSICAL AND MORAL CAPABILITIES THROUGH LEISURE TIME ACTIVITIES;(C) TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE ESPECIALLY BUT NOT EXCLUSIVELY THROUGH:(I) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE; AND(II) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS;(D) TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 25 YEARS BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF:(I) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS; (II) ADVANCING EDUCATION; (III) RELIEVING UNEMPLOYMENT; AND(IV) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS;(E) TO ASSIST IN THE TREATMENT AND CARE OF PERSONS SUFFERING FROM MENTAL OR PHYSICAL ILLNESS OF ANY DESCRIPTION OR IN NEED OF REHABILITATION AS A RESULT OF SUCH ILLNESS, BY THE PROVISION OF FACILITIES FOR WORK AND RECREATION AND THROUGH THE PROVISION OF FINANCIAL ASSISTANCE, SUPPORT, EDUCATION AND PRACTICAL ADVICE; AND(F) THE RELIEF AND ASSISTANCE OF PEOPLE IN ANY PART OF THE WORLD WHO ARE THE THE VICTIMS OF WAR OR NATURAL DISASTER, TROUBLE, OR CATASTROPHE.(G) SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL.

Data Sources