Overall Score: 12 based on 18 data points

Finance: -4

Governance: 6

Support: 10

Poor Liquidity: -1, Reasonable growth: +1, Volatile income, spending growth: -1, Fundraising costs high: -3,

Dynamic board: +3, Gender balanced board: +3,

Large volunteers +5, Supporters: +5

FOUNDERS4SCHOOLS

Mission:

To advance and promote the education of people under the age of 25 in such ways as the charity trustees from time to time think fit including by promoting, facilitating and assisting in the provision of careers education and advice.

Analysis by Giving is Great

Positives:

This charity has been very successful in attracting volunteers relative to its size
There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Income has been volatile recently but spending has been maintained
Fundraising costs are high relative to funds raised

Comment by the Charity:
In 2020/21 Founders4Schools launched and funded a new initiative in response to the Covid-19 pandemic called Digital Boost (https://www.digitalboost.org.uk/about-us-2) to provide digital skill support to charities and small businesses to help them grow their revenues and be more productive. As a result, the reserves figure in our 2019/20 accounts is skewed as the funding was put towards this project. It is our \'free reserves\' that represent unrestricted funds that are freely available to spend on any of the charity’s purposes, which were £177,368 in our last audit.

How you can help

Established: 8 years

https://www.founders4schools.org.uk/

charity@founders4schools.org.uk

07579050714

Charity Commission for England and Wales

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
30/06/22	£1,414	£1,536	£-123	£347	£1,041	£65	0.5	26	6,071
30/06/21	£1,322	£1,336	£-14	£175	£1,164	£99	0.9	15	6,430
30/06/20	£2,040	£1,221	£818	£140	£1,848	£1,690	16.6	13	5,587
30/06/19	£1,371	£1,197	£175	£177	£1,029	£864	8.7	22	5,709
30/06/18	£1,856	£1,196	£660	£185	£854	£487	4.9	17	4
30/06/17?	£1,201	£1,048	£153	£0	£195	£0	n/a	14	0
31/12/15	£189	£147	£42	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 29.7%
Fundraising Costs/Total Spending: 22.6%
Senior Staff Costs/Total Spending: 43%
Highest pay band: £140,000-£150,000
Liabilities/Assets: 26%
Liabilities/Income: 26%
Unrestricted Funds/Total Funds: 92%
Reserves/Spending: 0.5 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1

Asset Split ?

What it does

Economic/Community Development/Employment
Education/Training
General Charitable Purposes

Founders4Schools (F4S) improves student\\\'s employment prospects by ensuring role models are accessible to all, without barriers, through a free, quick and easy platform which allows educators to arrange inspiring role model encounters to take place in the classroom or virtually.

Who works here?

26 employees
6,071 volunteers

Who it helps

Children/Young People
The General Public/Mankind

How it operates

Provides advocacy/advice/information
Provides human resources
Provides services
Sponsors or undertakes research

Where it operates

Scotland, Throughout England And Wales,

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
Department for Digital, Culture, Media & Sport
£27,378	01/04/2021	This business case requests 250,000 to provide funding to support the additional development costs of the Digital Boost platform until June 2021. This funding will allow the Digital Boost platform ....more This business case requests 250,000 to provide funding to support the additional development costs of the Digital Boost platform until June 2021. This funding will allow the Digital Boost platform to further help small and micro businesses and charities across the UK improve their digital capability free of charge and build an online presence.
DCMS
£196,330	27/07/2020	This business case requests 250,000 to provide funding to support the additional development costs of the Digital Boost platform until June 2021. This funding will allow the Digital Boost platform ....more This business case requests 250,000 to provide funding to support the additional development costs of the Digital Boost platform until June 2021. This funding will allow the Digital Boost platform to further help small and micro businesses and charities across the UK improve their digital capability free of charge and build an online presence.
Nesta
£20,000	13/03/2018 7	Inclusive Economy Partnership 2.0 programme grant to Founders 4 Schools Grant Ref AC00729

Data sourced from Donors via 360 Giving

Documents

Report	Programme Report

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

CLAIRE VALOTI
Appointed: 2020

GARY HANSON
Appointed: 2021

GORI YAHAYA
Appointed: 2020

JONATHAN EDWARD PEARL
Appointed: 2018

JANET COYLE
Appointed: 2020

JOANNE HANNAFORD
Appointed: 2016

JOHN MUSHRIQUI
Appointed: 2020

LAUREN VON STACKELBERG
Appointed: 2020

RUSS SHAW
Appointed: 2020

SHERRY LEIGH COUTU (Chair)
Appointed: 2015

Legal constitution

Charity registered in England & Wales on 15/06/2015, number: 1162197
Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Main office

DIXON WILSON
CHARTERED ACCOUNTANTS
22 CHANCERY LANE
LONDON
WC2A 1LS

Objectives

3.1 The objects of the CIO are to advance and promote the education of: 3.1.1 young people under the age of 25, with a focus on those from under-represented, under-served and diverse communities; and 3.1.2 people of any age in digital skills, including those employed in micro, SME and large organisations, in such ways as the charity trustees from time to time think fit including by promoting, facilitating and assisting in the provision of careers and skills related education and advice with the intention of: (i) encouraging and enabling young people to leave formal education with a skill set that is appropriate for or consistent with future jobs; and (ii) encouraging and enabling people of any age to advance their skills, reduce the skills gap, and to support young people to develop their employability skills.3.2 The CIO will advance and promote its objects with particular reference to entrepreneurship in the fields of technology, applied sciences and related subjects; or other areas and fields as considered appropriate by the trustees from time to time.3.3 Nothing in this constitution shall authorise an application of the property of the CIO for a purpose which is not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008.

Data Sources