Overall Score: 2 based on 16 data points

Finance: -1

Governance: -3

Support: 6

Poor Liquidity: -1,

only 4 Trustees: -1, Narrow trustee age band: -2,

Supporters: +6

THE BEAM FOUNDATION

The Beam Foundation aims to promote the education of people experiencing homelessness, people with disabilities, and people with a criminal record by providing assistance in the form of crowdfunded vocational training and support in finding employment once training has been completed.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

Established: 5 years

deannashuk@gmail.com

07973419871

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	Volun- teers
31/05/22	£1,176	£828	£348	£0	£1,142	£145	2.1	0
31/05/21	£1,106	£636	£470	£90	£795	£164	3.1	0
31/05/20	£596	£425	£171	£0	£325	£0	n/a	4

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Liabilities/Assets: 3%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 13%
Reserves/Spending: 2.1 months
Net Current Assets/Spending: 17 months
Quick Ratio: 37.7

Asset Split ?

Comment: No detail as annual report to charity commissions not submitted yet.

Source: Giving is Great

What it does

Disability
Economic/Community Development/Employment
Education/Training
General Charitable Purposes
The Prevention Or Relief Of Poverty

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Throughout England,

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.

Major supporters in last 5 years

Barrow Cadbury Trust	£50,000
Ministry of Housing, Communities & Local Government	£30,000
The EQ Foundation	£20,000
OVO Foundation	£20,000

Specific Donations

Amount	When Months	To be used for
Barrow Cadbury Trust
£50,000	15/10/2020 3	To provide training and support for refugees and migrants who are homeless or are at risk of homelessness with the aim of finding stable employment.
OVO Foundation
£20,000	02/06/2020	This grant will help Beam crowdfund immediate support for vulnerable, isolated young people in London. In the aftermath of Covid19, Beam will help young homeless people find secure, stable employment.
Ministry of Housing, Communities & Local Government
£30,000	07/05/2020	Organisations supporting homelessness
The London Community Foundation
£5,000	14/04/2020	The funding is for emergency items such as food, toiletries, baby supplies, personal hygiene items and educational resources for homeless London residents. Beam will be personalising each package to ....more The funding is for emergency items such as food, toiletries, baby supplies, personal hygiene items and educational resources for homeless London residents. Beam will be personalising each package to the needs of the individual or family and coordinating their purchase and delivery.
The EQ Foundation
£20,000	26/03/2020	Unrestricted

Data sourced from Donors via 360 Giving

How do they operate?

Beam Campaign Support Programme

Objectives: To give new career opportunities to homeless men and women

Beneficiaries: People who have experienced or are at risk of homelessness

Description: Beam is the world's first crowdfunding platform that helps homeless people train and get into quality employment.

Supporting a homeless person's campaign can come in the form of financial donation, sending messages of support and even passing on information about work opportunities, boosting their confidence and becoming part of their new support network.

Who works here?

ALEX STEPHANY
CEO

Before Beam, Alex ran the parking app, JustPark, which he grew from 2 people to over 40, and still supports as a Board Advisor. At JustPark, he gained experience crowdfunding when he led an equity crowdfunding round that was the largest for a startup ever. He is the author of the book The Business of Sharing, published by Macmillan, on the board of crowdfunding platform Spacehive that deals with civic improvements, and has advised the city of ....more

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 31-47

AMMA ANDERSON
Appointed: 2020

DEAN NASH
Appointed: 2020, Occupation: General Counsel

SARAH BRONWEN SOMMERLAD JORDAN
Appointed: 2018, Occupation: Consultant / Director

TRISTAN THOMAS
Appointed: 2020, Occupation: Vp Marketing
Other trusteeship: EDAID FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 04/02/2019, number: 1181864
Registered at Companies House on 05/05/2017, number: 10756127
Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Risk management

Main office

Senna Building,
Gorsuch Place
London
E2 8JF

Objectives

'Objects' The Objects of the Charity are the relief of poverty, for the public benefit. This is including but not exclusively for people who are homeless or at risk of homelessness, refugees, individuals with disabilities and individuals who have a criminal record, in such ways as the charity trustees think fit, including by:(A) providing assistance to find employment;(B) funding including by means of crowdfunding, educational courses and training aimed to help individuals find employment;(C) promoting financial security through education and employment; and(D) providing and evaluating services to such individuals which directly or indirectly prevent, relieve, reduce or end their homelessness.

Data Sources