Finance Score: 2

Governance Score: -2

Support Score: 0

Poor Liquidity: -1
Strong growth: +2
Multiple Deficits: -2
Fundraising costs low: +3

Narrow trustee age band: -2

No supporters identified

Overall GiG Score: 0

THE BLOOM FOUNDATION

The Bloom Foundation is a UK-based family foundation that looks to find financially and operationally efficient andeffective ways to address social issues and help people help themselves. The trustees look to support measurable andevidence-based models that promote tolerance, equality, and collaboration with other stakeholders.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
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	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
30/06/23		£6,429	£9,010	£-2,581	£29	£578	£578	0.8	3
30/06/22	*	£6,406	£6,938	£-531	£23	£3,938	£3,938	6.8	3
30/06/21	*	£2,538	£6,003	£-3,465	£4	£4,076	£4,076	8.1	3
30/06/20		£5,080	£4,494	£586	£32	£7,626	£7,626	20.4	2
30/06/19		£4,265	£2,567	£1,698	£18	£7,383	£7,383	34.5	2
30/06/18		£2,509	£1,626	£882	£19	£5,601	£5,601	41.3	1
30/06/17		£6,322	£2,409	£3,913	£12	£4,339	£4,339	21.6	1

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Financial Ratios

Fundraising Costs/Relevant Income: 0.5%
Fundraising Costs/Total Spending: 0.3%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £120,000-£130,000
Liabilities/Assets: 85%
Liabilities/Income: 51%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.8 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.8

Asset Split ?

Established: 8 years

info@thebloomfoundation.com

0203 014 9861

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations

Where it operates

Australia, Bangladesh, Haiti, India, Indonesia, Israel, Kenya, Malaysia, Mozambique, Switzerland, Thailand, Throughout England And Wales, Ukraine, United States,

Who it helps

The General Public/Mankind

Who works here?

3 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 46-58

ADAM STEPHEN FRANKS Appointed: 2016, Occupation: Director

MARCELLE LESTER Appointed: 2016, Occupation: Foundation Manager

PHILIP JONATHAN SAUNDERS Appointed: 2015, Occupation: Investment Manager

ANTHONY GRANT BLOOM (Chair) Appointed: 2016, Occupation: Chairman, Other trusteeship: OVERCOMING MULTIPLE SCLEROSIS,

LINDA MICHELLE BLOOM Appointed: 2016, Occupation: Chairman, Other trusteeship: OVERCOMING MULTIPLE SCLEROSIS,

MARC LOUIS SUGARMAN Appointed: 2016, Occupation: Director, Other trusteeship: OVERCOMING MULTIPLE SCLEROSIS,

SIMON HARRIS JOHNSON Appointed: 2020, Occupation: Company Director, Other trusteeship: CAMP SIMCHA,

Legal constitution

Charitable company registered in England & Wales on 17/03/2016, number: 1166112
Registered at Companies House on 29/05/2015, number: 09615147

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
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
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

7 returns made; AR22: 2 days late, AR21: 4 days late,

Main office

THE BLOOM FOUNDATION
34/36 JAMESTOWN ROAD
LONDON
NW1 7BY

Objectives

THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT TO ADVANCE SUCH CHARITABLE PURPOSES ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES SEE FIT FROM TIME TO TIME.

Data Sources