Finance Score: 0
Governance Score: 1
Support Score: 2
    • No volunteer policy: -2
    • Dynamic board: +3
    • Grant maker support: +2
    Overall GiG Score: 3 ?

    RED SKY FOUNDATION 

    Red Sky Foundation raises vital funds to support life saving work for babies, children and adults who are born with or who develop heart conditions across the North East of England. This is achieved through support and support services, relief of sickness and preserving the health of individuals through community equipment, NHS equipment, raising awareness of cardiac care & provision of grants.
    Analysis by Giving is Great

    Positives:

    • The charity has received modest backing from a grant maker
    • The Board appears to be dynamic in terms of composition

    Regulatory & Governance issues to consider:

    • Although this charity works with volunteers it does not have a Volunteer Management policy
    Established: 4 years

    www.redskyfoundation.com

    info@redskyfoundation.com

    01913371774

    Charity Commission for England and WalesFacebookInstagramX
    UN SDGs
    ?

    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£628£445£183£111£351£1273.4135
    31/03/22£419£292£127n/an/an/an/an/a22
    31/03/21£185£72£113n/an/an/an/an/a3
    Financial Ratios
    Fundraising Costs/Relevant Income: 17.7%
    Fundraising Costs/Total Spending: 24.9%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 15%
    Liabilities/Income: 10%
    Unrestricted Funds/Total Funds: 36%
    Reserves/Spending: 3.4 months
    Net Current Assets/Spending: 9 months
    Quick Ratio: 5.8
    Asset Split ?
    Listed activities
    • The Advancement Of Health Or Saving Of Lives
    How it operates
    • Other charitable activities
    • Provides advocacy/advice/information
    Where it operates
    • Throughout England,
    Who it helps
    • Children/Young People
    • Elderly/Old People
    • The General Public/Mankind
    Who works here?
    • 1 employee
    • 35 volunteers

    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
    County Durham Community Foundation - Public Access Defibrillators
    £3,130 04/11/2021
    To install 4 defibrillators.

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (6)
    Current Trustees appointed

    Legal constitution
    • Charity registered in England & Wales on 20/03/2020, number: 1188683
    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
    • Risk management
    • Safeguarding policy and procedures
    • Safeguarding vulnerable beneficiaries
    • Serious incident reporting policy and procedures
    • Social media policy and procedures
    • Trustee conflicts of interest policy and procedures
    • Trustee expenses policy and procedures
    Filing Record
    3 returns made; all on time
    Main office

    Red Sky Foundation
    North Sands Business Centre
    Liberty Way
    SUNDERLAND
    SR6 0QA

    Objectives

    THE OBJECTS OF THE CIO (OBJECTS) ARE TO RELIEVE SICKNESS AND PRESERVE THE HEALTH OF INDIVIDUALS ACROSS NORTH EAST ENGLAND, BY ASSISTING IN THE PROVISION OF GRANTS, EQUIPMENT AND AWARENESS, IN PARTICULAR, BUT NOT LIMITED TO; 3.1 THE PROVISION OF GRANTS TO LOCAL HEALTH SERVICES AND OTHER CHARITABLE ORGANISATIONS; 3.2 PROVIDING SERVICED DEFIBRILLATORS FOR LOCAL SCHOOLS AND PUBLIC SPACES; AND 3.3 PROVIDING TRAINING AND EDUCATION TO THE GENERAL PUBLIC ON THE USE OF DEFIBRILLATORS AND CPR;TO ADVANCE SUPPORT FOR BABIES, CHILDREN AND ADULTS WITH HEART PROBLEMS AND THEIR FAMILIES.

    Data Sources

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

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