Finance Score: -12

Governance Score: 0

Support Score: 7

Deficit on unrestricted reserves: -2
Dormant: -10

Grant maker support: +7

Overall GiG Score: -5

THE UNITE FOUNDATION

The Unite Foundation provides a scholarship scheme for, and undertakes research and campaigning on behalf of, care leaver and estranged students in Higher Education with the objective of: Widening access to higher education, supporting academic progression, developing post graduate outcomes and employability. It works in partnership with a network of universities across the UK.

Analysis by Giving is Great

Positives:

The charity has received modest backing from several prominent grant makers recently
This charity has an endowment fund which generates most of its income

Financial issues to consider:

This Charity has changed registration and some of the financial and donation history pertains to the previous entity
There was a deficit on unrestricted reserves of £890,740 at the last year end after deducting the value of own use assets
This charity appears to be dormant

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
30/09/22		£1,918	£2,230	£-312	£0	£5,204	£-891	-4.8	7	0
30/09/21		£215	£1,820	£-1,606	n/a	n/a	n/a	n/a	n/a	0
30/09/20		£3,116	£1,947	£1,169	£0	£8,124	£2,488	15.3	4	1
30/09/19		£2,015	£1,792	£223	£0	£7,124	£1,319	8.8	4	4
30/09/18		£1,813	£1,521	£292	£0	£6,725	£1,097	8.7	2	0
30/09/17?		£1,404	£1,152	£251	£0	£6,201	£802	8.3	2	0
31/12/16		£1,495	£1,282	£213	£0	£5,863	£553	5.2	2	0
31/12/15		£1,193	£1,040	£153	£7	£340	£340	3.9	2	0
31/12/14		£852	£651	£201	£6	£188	£188	3.5	1	0
31/12/13	*	£500	£503	£-3	£0	£0	£0	n/a	0	0
31/12/12	*	£195	£205	£-10	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 33%
Liabilities/Income: 133%
Unrestricted Funds/Total Funds: -17%
Reserves/Spending: -4.8 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.3

Asset Split ?

Established: 2 years

https://thisisusatuni.org/

info@unitefoundation.org.uk

01173027073

Charity Commission for England and Wales

This Charity appears to be dormant

Listed activities

Education/Training

How it operates

Makes Grants to Individuals

Where it operates

Scotland, Throughout England And Wales,

Who it helps

Children/Young People

Who works here?

7 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.

Specific Donations

Amount	When Months	To be used for
The Blagrave Trust - Regional Partnership Grants
£25,000	30/11/2023	Accommodation scholarships
Dulverton Trust - University accommodation bursaries
£48,000	08/06/2022	University accommodation bursaries

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)

Current Trustees appointed

MORAY NOTMAN Appointed: 2022

NYOMI ROSE Appointed: 2022

SUNDAY NOVEMBER BLAKE Appointed: 2022

FIONA SLAVEN Appointed: 2022

JOANNA LOUISE BLAIR Appointed: 2023

LLOYDETTE BAI-MARROW Appointed: 2022, Other trusteeship: SPOTLIGHT ON CORRUPTION LTD,

LORNA ROSE COSGRAVE Appointed: 2022

NICHOLAS MILLER Appointed: 2022

PROFESSOR ALISON SHAN WAREING (Chair) Appointed: 2022

SAMANTHA GRACE MACRAE Appointed: 2023

JAMES WATTS Appointed: 2022, Other trusteeships: FREEWHEELERS EMERGENCY VOLUNTARY SERVICE (WESTON), FREEWHEELERS EMERGENCY VOLUNTARY BLOOD BIKE SERVICE,

IAN ADAMS Appointed: 2022, Occupation: Councillor, Other trusteeships: THE SINGLE HOMELESS PROJECT, AGE UK WESTMINSTER,

Legal constitution

Charity registered in England & Wales on 12/04/2022, number: 1198601

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

11 returns made; AR13: 2 days late, AR12: 68 days late,

Recent reorganisation events:

Asset transfer in from THE UNITE FOUNDATION on 03/02/2023

Main office

THE UNITE FOUNDATION
South Quay House
Temple Back
BRISTOL
BS1 6FL

Objectives

FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PEOPLE UNDER THE AGE OF 25 YEARS IN THE UNITED KINGDOM IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING BY:1. AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY UNIVERSITY, COLLEGE OR INSTITUTION OF HIGHER OR FURTHER EDUCATION.

Data Sources