Finance Score: -2
Governance Score: 6
Support Score: 0
  • Spending declining: -1
  • Volatile income
  • spending growth: -1
  • No PartB
  • Good trustee age range: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 4 ?

THE 401 FOUNDATION 

We offer grants of £401 to help people empower themselves and their local communities to build confidence, self esteem and promote positive mental health. We firmly believe everyone has the right to find their happy and aim to provide support, empathy, and care so we can truly make a positive difference
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

  • One or more trustees receive benefits from the charity

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Spending is declining
  • Income has been volatile recently but spending has been maintained

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£34£30£4n/an/an/an/an/a1
31/03/22£30£65£-35n/an/an/an/an/a1
31/03/21£18£11£8n/an/an/an/an/a1
31/03/20£46£25£21n/an/an/an/an/a0
31/03/19£91£73£18n/an/an/an/an/a1
31/03/18£46£52£-7£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 7 years

www.the401foundation.co.uk

support@the401foundation.co.uk

07445248541

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Amateur Sport
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
  • Other Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Mental health and addiction
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Other charitable activities
  • Provides services
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • Unknown number of employees
  • 1 volunteer

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Age Range of Trustees: 42-72
  • FAYE INGRAM Appointed: 2020, Occupation: Finance Director
Legal constitution
  • Charitable company registered in England & Wales on 07/11/2017, number: 1175605
  • Registered at Companies House on 23/03/2017, number: 10688031
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • 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
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
6 returns made; all on time
Main office

9 Biscay Drive
Portishead
North Somerset
BS20 7GY

Objectives

THE OBJECTS OF THE CHARITY, WHICH ARE FOR THE PUBLIC BENEFIT, ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: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 TREATMENT, WORK AND RECREATION. WITHOUT PREJUDICE TO THE GENERALITY OF THE FORGOING, THE TRUSTEES WILL SEEK TO BUILD SELF-ESTEEM AND CONFIDENCE IN THOSE SUFFERING FROM MENTAL OR PHYSICAL ILLNESS THROUGH THE PROVISION OF ASSISTANCE TO IMPROVE THE SELF-DEVELOPMENT OF SUCH PERSONS;ANY OTHER CHARITABLE PURPOSE WHICH SHALL BE SELECTED BY THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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