Finance Score: -7

Governance Score: 6

Support Score: 0

Excess reserves: -3
Reasonable growth: +1
Multiple Deficits: -2
Fundraising costs high: -3

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

No supporters identified

Overall GiG Score: -1

COUTTS CHARITABLE FOUNDATION

The mission of the Coutts Foundation is to support sustainable approaches to tackle the causes and consequences of poverty, focusing on the communities where Coutts has a presence. At this time the core focus of the Foundation is supporting women and girls in the UK.

Analysis by Giving is Great

Positives:

There has been reasonable growth in spending over the last 3 years relative to the previous period
The Board appears to be well diversified in terms of age 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 issues to consider:

This charity has substantial assets and unrestricted reserves of £3,343,717 available, equivalent to 33 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending
Fundraising costs are high relative to funds raised

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
01/04/23	£899	£1,199	£-299	£209	£3,344	£3,344	33.5	1	0
01/04/22	£561	£930	£-369	£0	£3,798	£3,798	49	1	5
01/04/21	£316	£877	£-560	n/a	n/a	n/a	n/a	n/a	0
01/04/20	£592	£750	£-159	£0	£0	£0	n/a	0	0
01/04/19	£94	£825	£-731	n/a	n/a	n/a	n/a	n/a	2
01/04/18	£1,083	£677	£406	£0	£4,829	£4,829	85.6	0	0
01/04/17	£1,056	£154	£902	£0	£4,321	£4,321	336.2	0	0
01/04/16	£1,157	£855	£302	£0	£2,875	£2,875	40.4	0	0
01/04/15	£2,673	£1,096	£1,577	£0	£2,637	£2,637	28.9	0	0
01/04/14	£642	£197	£445	£0	£445	£445	27.1	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 25.4%
Fundraising Costs/Total Spending: 17.4%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 27%
Liabilities/Income: 140%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 33.5 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.3

Asset Split ?

Established: 11 years

http://www.coutts.com/foundation/

COUTTS.FOUNDATION@COUTTS.COM

02077531000

Charity Commission for England and Wales

Tweets

Listed activities

The Prevention Or Relief Of Poverty

GiG Classification

Services for females

How it operates

Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

1 employee

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Age Range of Trustees: 41-69

JAVID CANTEENWALA Appointed: 2023, Occupation: Company Director (Ned)

LINDA HAMILTON URQUHART Appointed: 2022, Occupation: Non Executive Director

LORD PHILIP JOHN REMNANT Appointed: 2022, Occupation: Bank Official

NATALIE ISABEL MERRENS Appointed: 2023, Occupation: Bank Official

VICTORIA AMEDUME Appointed: 2023, Occupation: Creative Director

LAURA LINES Appointed: 2019, Occupation: Grants Manager

RACHEL ALICE HARRINGTON Appointed: 2019, Occupation: Philanthropy Adviser

JUDITH MCNEILL Appointed: 2019, Occupation: Director, Other trusteeship: THE NATIONWIDE FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 12/02/2013, number: 1150784
Registered at Companies House on 08/02/2013, number: 08395296

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Risk management

Filing Record

10 returns made; all on time

Main office

Coutts & Co
440 Strand
LONDON
WC2R 0QS

Objectives

THE OBJECTS OF THE COMPANY ARE, FOR THE BENEFIT OF THE PUBLIC IN ANY PART OF THE WORLD TO PROMOTE SUCH EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION DECIDE.

Data Sources