Finance Score: 1
Governance Score: 0
Support Score: 16
  • Low unrestricted reserves: -2
  • Fundraising costs low: +3
    • Overall weighted support: +16
    Overall GiG Score: 17 ?

    BLACK EQUITY ORGANISATION (BEO)

    WhatHuman Rights/religious Or Racial Harmony/equality Or DiversityWhoPeople Of A Particular Ethnic Or Racial OriginThe General Public/mankindHowMakes Grants To IndividualsMakes Grants To OrganisationsProvides Other FinanceProvides ServicesProvides Advocacy/advice/informationSponsors Or Undertakes Research
    Analysis by Giving is Great

    Positives:

    • The charity has received backing from several prominent grant makers recently
    • Fundraising costs are low relative to funds raised

    Regulatory & Governance issues to consider:

    • This charity is not recognised by HMRC for Gift Aid according to its latest published return

    Financial issues to consider:

    • Unrestricted reserves appear to be dangerously low at the latest year end

    Financial Data ?

    Income & Spending ?
    Sources of Income ?
    Y/E Income
    £k
    Spending
    £k
    Surplus/
    Deficit £k
    Fundraising
    Cost £k
    Total
    Funds £k
    Unrestricted
    Funds £k
    Mths
    Rsrvs
    Staff Volun-
    teers
    31/03/23£2,781£1,690£1,091£162£1,226£3542.5100
    31/03/22£579£436£144£174£135£1173.240
    Financial Ratios
    Fundraising Costs/Relevant Income: 5.8%
    Fundraising Costs/Total Spending: 9.6%
    Senior Staff Costs/Total Spending: 13%
    Highest pay band: £100,000-£110,000
    Liabilities/Assets: 6%
    Liabilities/Income: 3%
    Unrestricted Funds/Total Funds: 29%
    Reserves/Spending: 2.5 months
    Net Current Assets/Spending: 9 months
    Quick Ratio: 16.3
    Asset Split ?
    Balance Sheet History
    Established: 3 years

    https://blackequityorg.com/

    info@blackequityorg.com

    02045665390

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
    GiG Classification
    • Legal & financial advice
    How it operates
    • Makes grants to individuals
    • Makes grants to organisations
    • Provides advocacy/advice/information
    • Provides other finance
    • Provides services
    • Sponsors or undertakes research
    Where it operates
    • Northern Ireland, Scotland, Throughout England And Wales,
    Who it helps
    • People Of A Particular Ethnic Or Racial Origin
    • The General Public/Mankind

    Who supports them? ?

    Donations from Grant Makers ?

    We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

    Major supporters in last 5 years
    Indigo Trust£600,000
    Esmee Fairbairn£300,000
    Paul Hamlyn Foundation£250,000
    Mission 44£99,512
    Joseph Rowntree Reform Trust£75,000
    Specific Donations
    Amount When
    Months
    To be used for
    Paul Hamlyn Foundation - Backbone grants 2023-24 supporting a thriving civil society
    £250,000 29/01/2024
    60
    Black Equity Organisation (BEO) is an independent, national Black civil rights organisation created to dismantle systemic racism in Britain, drive generational change and deliver better lived experiences for Black people across the country. They do ....more
    Joseph Rowntree Reform Trust - #BlackVotesCount
    £75,000 08/12/2023
    12
    to maximise the engagement of Black and minority voters with the forthcoming general election, promoting Black voices, and increasing Black and minority voter registrations and to lead on the development of a Black manifesto
    Esmee Fairbairn - Grant to BLACK EQUITY ORGANISATION (BEO)
    £300,000 09/11/2023
    Towards unrestricted core costs to improve the lives of Black communities in the UK, by tackling systemic injustice and inequity as it pertains to racial justice
    Mission 44 - Grant to Black Equity Organisation
    £99,512 30/08/2022
    To deliver the Black Education in Britain Programme, a research and engagement programme which aims to examine the barriers to education for Black children and young people in the UK.
    Indigo Trust - Three year grant - unrestricted core funding
    £300,000 23/05/2022
    Unrestricted core funding to BEO over 3 years
    Indigo Trust - Three year grant - unrestricted core funding
    £300,000 23/05/2022
    Unrestricted core funding to BEO over 3 years

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (11)
    Current Trustees appointed

    Age Range of Trustees:
    • ADJOA AIBOOM HELEN ANDOH Appointed: 2023
    • ATHIAN APURUOT AKEC Appointed: 2022
    • DAME VIVIAN YVONNE HUNT (Chair) Appointed: 2021, Occupation: Managing Partner
    • DAVID ADETAYO OLUSOGA Appointed: 2022
    • KAREN TRACEY BLACKETT Appointed: 2021
    • KWAME YAA KWEI-ARMAH Appointed: 2021, Occupation: Artisitc Director
    • MARK BOISSON Appointed: 2021
    • MARCIA ELAINE WILLIS STEWART KC HON Appointed: 2021
    • MICHELLE DALEY Appointed: 2022
    • RICHARD WAYNE LEWIS Appointed: 2021
    • SIOBHAN GITE AARONS Appointed: 2022
    Legal constitution
    • Charity registered in England & Wales on 12/08/2021, number: 1195506
    Gift Aid
    • NOT registered with HMRC for Gift Aid
    Fundraising Regulator
    First registered: 04/07/2022, current status: Large charity (levy paid)
    Policies in force
    • Bullying and harassment policy and procedures
    • Campaigns and political activity 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
    • Paying staff
    • Risk management
    • Safeguarding policy and procedures
    • Safeguarding vulnerable beneficiaries
    • Social media policy and procedures
    • Trustee conflicts of interest policy and procedures
    • Trustee expenses policy and procedures
    Filing Record
    2 returns made; all on time
    Main office

    86-90 Paul Street
    London
    EC2A 4NE

    Objectives

    THE OBJECTS OF THE CIO ARE SPECIFICALLY RESTRICTED TO THE PROMOTION OF RACIAL HARMONY AND EQUALITY AND DIVERSITY, AND THE ELIMINATION OF DISCRIMINATION ON THE GROUNDS OF RACE, FOR THE BENEFIT OF THE PUBLIC IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT INCLUDING BY:(A) RAISING AWARENESS OF RACIAL DISCRIMINATION AND INEQUALITY BY PUBLICATIONS, LECTURES, USE OF THE MEDIA, PUBLIC ADVOCACY AND OTHER MEANS OF COMMUNICATION;(B) CONDUCTING OR COMMISSIONING RESEARCH INTO RACIAL DISCRIMINATION AND RACIAL INEQUALITY (INCLUDING IN RELATION TO ITS CAUSES, EFFECTS AND PREVENTION), AS THE CHARITY TRUSTEES THINK FIT, AND BY DISSEMINATING THE USEFUL RESULTS OF THE SAME;(C) CULTIVATING A SENTIMENT OF RACIAL HARMONY AND WORKING TOWARDS THE ELIMINATION OF RACIAL DISCRIMINATION THROUGH THE USE OF PUBLICATIONS, CODES OF PRACTICE, SCHEMES FOR EMPLOYERS, THE MEDIA, AND IN SUCH OTHER WAYS AS THE CHARITY TRUSTEES THINK FIT;(D) PROMOTING EQUALITY OF OPPORTUNITY AND GOOD RELATIONS BETWEEN DIFFERENT RACIAL GROUPS; AND(E) PROMOTING THE SOUND DEVELOPMENT AND ADMINISTRATION OF THE LAW FOR THE BENEFIT OF THE PUBLIC IN THE FOLLOWING WAYS:(I) BY PROMOTING AWARENESS AND CONDUCTING RESEARCH INTO THE LAW, INCLUDING CURRENT AND PROPOSED PRACTICE AND ADMINISTRATION AND REFORM OF THE LAW, AS THE CHARITY TRUSTEES THINK FIT, AND BY DISSEMINATING THE USEFUL RESULTS OF THE SAME;(II) BY PROVIDING SPECIALIST LEGAL ADVICE IN RELATION TO THE LAW AND LEGAL PROCEDURES, PARTICULARLY WHERE IT IS APPREHENDED THAT A MISCARRIAGE OF JUSTICE HAS TAKEN PLACE; AND(III) BY PROVIDING SPECIALIST LEGAL ADVICE, ASSISTANCE AND REPRESENTATION TO PEOPLE WHO ARE UNABLE TO OBTAIN SUCH LEGAL ADVICE, ASSISTANCE AND REPRESENTATION AS A RESULT OF THEIR LACK OF RESOURCES.

    Data Sources

    Charity Commission for England and Wales
    360 Giving
    Charizone

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