Finance Score: 1

Governance Score: 0

Support Score: 13

Low unrestricted reserves: -2
Fundraising costs low: +3

Grant maker support: +13

Overall GiG Score: 14

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

Established: 3 years

https://blackequityorg.com/

info@blackequityorg.com

02045665390

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	Staff	Volun- teers
31/03/23		£2,781	£1,690	£1,091	£162	£1,226	£354	2.5	10	0
31/03/22		£579	£436	£144	£174	£135	£117	3.2	4	0

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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 ?

Listed activities

Human Rights/Religious Or Racial Harmony/Equality Or Diversity

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 works here?

10 employees

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

Indigo Trust	£600,000
Esmee Fairbairn	£300,000
Mission 44	£99,512

Specific Donations

Amount	When Months	To be used for
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 (12)

Current Trustees appointed

Age Range of Trustees:

ADJOA AIBOOM HELEN ANDOH Appointed: 2023

ATHIAN APURUOT AKEC Appointed: 2022

DAVID ADETAYO OLUSOGA Appointed: 2022

DAVID LINDON LAMMY MP Appointed: 2021

KAREN TRACEY BLACKETT Appointed: 2021

MARCIA ELAINE WILLIS STEWART KC HON Appointed: 2021

MICHELLE DALEY Appointed: 2022

SIOBHAN GITE AARONS Appointed: 2022

KWAME YAA KWEI-ARMAH Appointed: 2021, Occupation: Artisitc Director, Other trusteeship: THE YOUNG VIC COMPANY,

MARK BOISSON Appointed: 2021, Other trusteeships: THE HACKNEY FOODBANK, HACKNEY BLACK ASIAN & MINORITY ETHNIC (BAME) MEN’S HEALTH ORGANISATION,

RICHARD WAYNE LEWIS Appointed: 2021, Other trusteeships: ROYAL WANSTEAD SCHOOL, BLACK HEART FOUNDATION (UK) LIMITED, ROYAL NATIONAL CHILDREN'S SPRINGBOARD FOUNDATION, THE EARTHSHOT PRIZE,

DAME VIVIAN YVONNE HUNT (Chair) Appointed: 2021, Occupation: Managing Partner, Other trusteeship: GENERATION: YOU EMPLOYED, UK,

Legal constitution

Charity registered in England & Wales on 12/08/2021, number: 1195506

Gift Aid

NOT registered with HMRC for Gift Aid

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