Finance Score: 1

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Good trustee age range: +3

No supporters identified

Overall GiG Score: 4

JERWOOD FOUNDATION

The Foundation owns the Jerwood Collection of 20th & 21st century British art, which is available for display in the public domain. We are part of a family of philanthropic organisations and welcome applications for funding for capital and revenue support for visual and performing arts in the UK, particularly with a focus on working with our Collection and making art available for public benefit.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
One or more trustees receive payments or benefits from the charity for providing services to the charity

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £32,780,408 available, equivalent to 597 months of spending and so may not be able to utilise additional funding

Financial Data ?

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		£34,139	£659	£33,480	£0	£32,780	£32,780	596.6	2	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.2%
Fundraising Costs/Total Spending: 11.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 596.6 months
Net Current Assets/Spending: 24 months
Quick Ratio: 7.9

Asset Split ?

Established: 2 years

www.jerwood.org

jerwood@jerwood.org

01584823413

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
General Charitable Purposes

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who works here?

2 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Age Range of Trustees: 33-63

CHRISTOPHER WILLIAM KING Appointed: 2023, Occupation: Senior Art Handler

JULIA WHARTON Appointed: 2023, Occupation: Solicitor

MIRANDA THOMPSON-SCHWAB Appointed: 2023, Occupation: Director

PHILIPPA VICTORIA CAMPBELL Appointed: 2021, Occupation: Director

TARA LOUISE MAYHEW Appointed: 2021, Occupation: Director

ALAN GRIEVE CBE Appointed: 2021, Other trusteeship: GEREFA CHARITABLE TRUST,

LARA WARDLE Appointed: 2021, Occupation: Director, Other trusteeship: GEREFA CHARITABLE TRUST,

KATHARINE GOODISON Appointed: 2023, Occupation: Designer, Other trusteeship: Jerwood Charity,

LUCY AMANDA ASH Appointed: 2023, Occupation: Journalist, Other trusteeship: Jerwood Charity,

RUPERT DAVID TYLER Appointed: 2023, Occupation: Investment Manager, Other trusteeships: SAMLING INSTITUTE FOR YOUNG ARTISTS, THE NATIONAL GARDEN SCHEME,

Legal constitution

Charitable company registered in England & Wales on 06/01/2022, number: 1197386
Registered at Companies House on 16/07/2021, number: 13515955

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
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
Paying staff
Risk management
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

1 returns made; all on time

Main office

PO Box 186
Ludlow
SY8 9DX

Objectives

THE OBJECT OF THE CHARITY SHALL BE:THE ADVANCEMENT OF EDUCATION OF THE PUBLIC IN THE APPRECIATION OF ART INCLUDING BY MAKING ART AVAILABLE TO THE PUBLIC IN SUCH MUSEUMS, ART GALLERIES AND OTHER SUCH BUILDINGS OR INSTITUTIONS AS THE DIRECTORS SHALL AGREE FROM TIME TO TIME;ANDSUCH OTHER CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

Data Sources