Finance Score: 0

Governance Score: 5

Support Score: 0

No conflicts policy: -1
Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 5

ST OLAVE'S & ST SAVIOUR'S SCHOOLS FOUNDATION CIO

The objects of the Foundation are to support the provision of education by the two schools of the Foundation, St Olave's & St Saviour's Grammar School, Orpington and St Saviour's & St Olave's School, Southwark; to support the education of young people under the age of 25 in Southwark either directly or through other organisations; and to support the choir of Southwark Cathedral.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates most of its income
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy

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
31/03/23	£1,327	£1,351	£-24	£0	£30,641	£2,522	22.4	2
31/03/22	£1,202	£1,378	£-175	£0	£27,407	£2,568	22.4	2
31/03/21	£1,003	£1,370	£-368	£0	£27,172	£2,418	21.2	2
31/03/20	£1,028	£1,304	£-276	£0	£25,809	£2,056	18.9	2

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 3%
Liabilities/Income: 70%
Unrestricted Funds/Total Funds: 8%
Reserves/Spending: 22.4 months
Net Current Assets/Spending: -3 months
Quick Ratio: 0.4

Asset Split ?

Established: 5 years

russellwalters@stolavesfoundation.co.uk

02074012871

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Secondary schools

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Kent, Southwark,

Who it helps

Children/Young People

Who works here?

2 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

ADRIAN BOYD Appointed: 2021

DR EMMA SANDERSON-NASH Appointed: 2021

JAMES DE SAUSMAREZ Appointed: 2022

JOHN EDWARD MAJOR Appointed: 2021

LOUISE HARRIS Appointed: 2022

ROBERT HIGHMORE (Chair) Appointed: 2021

STEPHEN JOHN PARRY Appointed: 2021

SUE LONG Appointed: 2023

DR DAVID RYALL Appointed: 2021, Other trusteeships: FRIENDS OF THE HOLY LAND, GROW EDO SUPPORT GROUP, FRIENDS OF THE HOLY LAND,

THE VERY REV'D ANDREW NUNN Appointed: 2021, Other trusteeship: SOUTHWARK CATHEDRAL DEVELOPMENT TRUST,

ELIZABETH EDWARDS Appointed: 2021, Occupation: Chartered Surveyor, Other trusteeship: CENTRAL SCHOOL OF BALLET CHARITABLE TRUST LIMITED,

Legal constitution

Charity registered in England & Wales on 04/02/2019, number: 1181857

Gift Aid

Registered with HMRC for Gift Aid

Event History

Linked charity: GEORGE DYSON PRIZE FOR CHEMISTRY
Linked charity: GEORGE DYSON PRIZE FOR CHEMISTRY
Linked charity: PAUL SLADE PRIZE FOR PHYSICS
Linked charity: PAUL SLADE PRIZE FOR PHYSICS
Linked charity: STANLEY KESSICK BURSARY
Linked charity: STANLEY KESSICK BURSARY
Linked charity: GRIDLEY PRIZE FUND
Linked charity: GRIDLEY PRIZE FUND
Linked charity: SANDERS PRIZE FUND
Linked charity: SANDERS PRIZE FUND
Linked charity: GREEN PRIZE FUND
Linked charity: GREEN PRIZE FUND
Linked charity: DAVIS BEQUEST
Linked charity: DAVIS BEQUEST
Linked charity: OWEN GIFT
Linked charity: FELKIN BEQUEST
Linked charity: FELKIN BEQUEST
Linked charity: WAR MEMORIAL FUND
Linked charity: WAR MEMORIAL FUND
Linked charity: THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
16/11/2022 - Asset transfer in from THE HEADTEACHER'S FUND
Linked charity: W G RUSHBROOKE TRUST
Linked charity: W G RUSHBROOKE TRUST
Linked charity: ALICE TALBOT PRIZE
Linked charity: ALICE TALBOT PRIZE
Linked charity: ASHLEY PRIZE FUND
Linked charity: ASHLEY PRIZE FUND
Linked charity: PHYLLIS PACKER PRIZE
Linked charity: PHYLLIS PACKER PRIZE
Linked charity: LE CHAVETOIS SOCIETY
Linked charity: LE CHAVETOIS SOCIETY
Linked charity: MARGUERITE WALLER PRIZE
16/06/2021 - Asset transfer in from ST OLAVE'S AND ST SAVIOUR'S SCHOOLS FOUNDATION

Policies in force

Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management

Filing Record

4 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE HEADTEACHER'S FUND on 16/11/2022
Asset transfer in from THE HEADTEACHER'S FUND on 16/11/2022
Asset transfer in from THE HEADTEACHER'S FUND on 16/11/2022
Asset transfer in from THE HEADTEACHER'S FUND on 16/11/2022
Asset transfer in from THE HEADTEACHER'S FUND on 16/11/2022

....more

Main office

FOUNDATION OFFICE
EUROPOINT CENTRE
5 LAVINGTON STREET
LONDON
SE1 0NZ

Objectives

THE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT: 1 TO SUPPORT THE PROVISION OF EDUCATION BY THE TWO SCHOOLS OF THE FOUNDATION, ST OLAVEÆS & ST SAVIOURÆS GRAMMAR SCHOOL, ORPINGTON AND ST SAVIOURÆS & ST OLAVEÆS SCHOOL, SOUTHWARK (SCHOOLS OF THE FOUNDATION) AND THE MAINTENANCE OF THE PREMISES OF SUCH SCHOOLS;2 TO SUPPORT THE EDUCATION OF YOUNG PEOPLE UNDER THE AGE OF 25 YEARS WHO ARE ATTENDING ONE OF THE SCHOOLS OF THE FOUNDATION OR WHO ATTENDED ONE OF THE SCHOOLS OF THE FOUNDATION FOR NOT LESS THAN TWO YEARS AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE, IN SUCH WAYS AS THE TRUSTEES SHALL THINK FIT, INCLUDING BY MAKING GRANTS TO OTHER ORGANISATIONS THAT PROMOTE THE EDUCATION OF SUCH YOUNG PEOPLE.3 TO SUPPORT THE EDUCATION OF YOUNG PEOPLE UNDER THE AGE OF 25 RESIDENT IN THE LONDON BOROUGH OF SOUTHWARK WHO ARE IN NEED OF FINANCIAL ASSISTANCE IN SUCH WAYS AS THE TRUSTEES SHALL THINK FIT, INCLUDING BY MAKING GRANTS TO OTHER ORGANISATIONS THAT PROMOTE THE EDUCATION OF SUCH YOUNG PEOPLE. 4 TO SUPPORT THE CHOIR AND THE MUSICAL EDUCATION OF CHORISTERS AT THE CATHEDRAL CHURCH OF ST SAVIOURS, SOUTHWARK.

Data Sources