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home >> charity search >> hg foundation
Finance Score: 0
Governance Score: 1
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -3
  • No volunteer policy: -2
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: 1 ?

HG FOUNDATION 

The aim of the Hg Foundation is to support the development of education and skills and reduce barriers to long-term, sustainable employment, improving outcomes for those that need it most.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • 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

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £6,943,212 available, equivalent to 31 months of spending and so may not be able to utilise additional funding
Find similar charities within: miles

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£6,491£2,701£3,789£0£6,943£6,94330.8050
31/03/22£1,474£2,232£-758£0£3,154£3,15417040
31/03/21£4,576£665£3,911£0£3,911£3,91170.6040
Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 7%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 30.8 months
Net Current Assets/Spending: 29 months
Quick Ratio: 11.7
Asset Split ?
Established: 4 years

www.thehgfoundation.com

info@thehgfoundation.com

02070897888

Charity Commission for England and WalesX
UN SDGs
?
Listed activities
  • General Charitable Purposes
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
Where it operates
  • Albania, Andorra, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia And Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Guernsey, Hungary, Iceland, Ireland, Italy, Jersey, Kazakhstan, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Northern Ireland, Norway, Poland, Portugal, Romania, Russia, San Marino, Scotland, ....more
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 27/04/2020, number: 1189216
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
  • 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

2 MORE LONDON RIVERSIDE
LONDON
SE1 2AP

Objectives

THE OBJECTS OF THE CIO ARE TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE CHARITY TRUSTEES SEE FIT 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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