Finance Score: 0

Governance Score: 6

Support Score: 0

Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 6

THE QUEEN ELIZABETH PRIZE FOR ENGINEERING FOUNDATION

The Queen Elizabeth Prize for Engineering (QEPrize) is a biennial ?1million global engineering prize that rewards and celebrates engineers responsible for a ground-breaking innovation in engineering of global benefit to humanity. Through the prize, the QEPrize Foundation works to raise the public profile of engineering and to inspire and engage young people in engineering.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
This charity has an endowment fund which generates most of its income
Spending has increased over the last 3 years relative to the previous period
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Over half the Board have joined 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
31/03/23	£793	£2,076	£-1,283	£93	£24,812	£24,812	143.4	7	75
31/03/22	£762	£1,568	£-806	£105	£27,461	£27,461	210.2	7	75
31/03/21	£777	£2,065	£-1,288	£115	£26,335	£26,335	153	7	0
31/03/20	£910	£1,029	£-120	£131	£22,704	£22,704	264.7	6	50
31/03/19	£895	£2,006	£-1,111	£187	£24,802	£24,802	148.3	6	50
31/03/18	£836	£961	£-126	£74	£24,743	£24,743	308.9	6	0
31/03/17	£1,887	£1,953	£-66	£178	£24,786	£24,786	152.3	6	0
31/03/16	£4,487	£918	£3,569	£78	£21,341	£21,341	279	5	0
31/03/15	£5,693	£1,956	£3,737	£150	£18,324	£18,324	112.4	4	0
31/03/14	£5,184	£991	£4,192	£109	£13,331	£13,331	161.4	5	0
31/03/13	£10,438	£1,825	£8,612	£549	£8,977	£8,977	59	3	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 3%
Liabilities/Income: 84%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 143.4 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1

Asset Split ?

Established: 12 years

www.qeprize.org

info@qeprize.org

02077660600

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Other Charitable Purposes

GiG Classification

Education support services

How it operates

Other charitable activities

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

7 employees
75 volunteers

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
HM Revenue & Customs - SME Brexit Support Fund
£2,000	17/06/2021	Training Grant provided for Customs training purposes

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:

YEWANDE AKINOLA MBE Appointed: 2024

ANGELA MARGARET JANE HUNTER Appointed: 2020, Occupation: Senior Advisor

DAME ANNE RICHARDS DBE Appointed: 2024

DR ROBERT LANGER Appointed: 2024

SIR PATRICK JOHN THOMPSON VALLANCE (Chair) Appointed: 2023

PROFESSOR JOHN HENNESSY Appointed: 2019, Occupation: Director

PROFESSOR SIR JAMES MCDONALD Appointed: 2019, Occupation: University Vice Chancellor

Legal constitution

Charitable company registered in England & Wales on 19/06/2012, number: 1147743
Registered at Companies House on 21/05/2012, number: 08077332

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Volunteer management

Filing Record

11 returns made; all on time

Main office

PRINCE PHILIP HOUSE
3 CARLTON HOUSE TERRACE
LONDON
SW1Y 5DG

Objectives

3.1 TO ADVANCE AND PROMOTE ENGINEERING IN THE UNITED KINGDOM AND AROUND THE WORLD, INCLUDING BY PROMOTING RESEARCH IN THE FIELD OF ENGINEERING AND THE DISSEMINATION AND APPLICATION OF THE RESULTS OF SUCH RESEARCH FOR THE BENEFIT OF THE PUBLIC AND BY ENCOURAGING YOUNG PEOPLE (AND IN PARTICULAR YOUNG PEOPLE IN THE UNITED KINGDOM) TO ASPIRE TO A CAREER IN ENGINEERING; AND3.2 TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF ENGINEERING;BY ESTABLISHING, AWARDING AND PROMOTING A HIGH-PROFILE AND INTERNATIONALLY-RECOGNISED PRIZE FOR ENGINEERING TO BE KNOWN AS THE QUEEN ELIZABETH PRIZE FOR ENGINEERING AND TO BE AWARDED TO AN INDIVIDUAL OR GROUP OF INDIVIDUALS RESPONSIBLE FOR A GROUND-BREAKING ADVANCE IN ENGINEERING WHICH HAS CREATED SIGNIFICANT INTERNATIONAL PUBLIC BENEFIT.

Data Sources