Finance Score: -5
Governance Score: 5
Support Score: 0
  • Volatile income & significant deficit in latest year: -5
  • No PartB
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 0 ?

MITCHELL CITY OF LONDON EDUCATIONAL FOUNDATION 

To offer bursaries at 6th form level for those students who attend a 'City' school or whose parents have lived or worked within the City of London for a minimum of 5 years. To offer grants to students (age 11-16) of single parent families, also with the 'City' qualification. The 'City' is the 'square mile' almost all postcodes EC3, EC4 and a small area of EC1, EC2 - not Greater London.
Analysis by Giving is Great

Positives:

  • Spending has increased over the last 3 years relative to the previous period
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 19 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile recently and was significantly lower than spending in the latest year

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£76£112£-36n/an/an/an/an/a0
31/03/22£141£96£45n/an/an/an/an/a0
31/03/21£78£84£-5n/an/an/an/an/a0
31/03/20£79£82£-3n/an/an/an/an/a0
31/03/19£97£98£-1n/an/an/an/an/a0
31/03/18£96£79£17£0£0£0n/a00
31/03/17£92£90£2£0£0£0n/a00
31/03/16£93£85£8£0£0£0n/a00
31/03/15£90£94£-3£0£0£0n/a00
31/03/14£89£81£8£0£0£0n/a00
31/03/13£88£84£4£0£0£0n/a00
31/03/12£85£83£2£0£0£0n/a00
31/03/11£105£105£0£0£0£0n/a00
31/03/10£88£107£-20£0£0£0n/a00
31/03/09£86£84£2£0£0£0n/a00
31/03/08£77£64£13£0£0£0n/a00
31/03/07£72£64£8£0£0£0n/a00
31/03/06£66£65£1£0£0£0n/a00
31/03/05£62£65£-3£0£0£0n/a00
31/03/04£63£57£7£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 62 years

clerk@mitchellcityoflondon.org

07392475382

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
Where it operates
  • Throughout England,
Who it helps
  • Children/Young People

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (19)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 01/10/1962, number: 312499
Gift Aid
  • NOT 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
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; all on time
Main office

Eastfield
Mill Lane
North Dalton
DRIFFIELD
YO25 9BF

Objectives

(A) THE EDUCATIONAL ADVANCEMENT OR BENEFIT OF CHILDREN OR YOUNG PERSONS WHO OR WHOSE PARENTS ARE OR HAVE BEEN RESIDENT IN OR ENGAGED OR EMPLOYED IN ANY TRADE OR OCCUPATION WITHIN THE CITY OF LONDON OR WHO ATTEND OR HAVE ATTENDED ANY COUNTY OR VOLUNTARY SCHOOL OR OTHER EDUCATIONAL ESTABLISHMENT APPROVED BY THE TRUSTEES, IN THE CITY OF LONDON, OR ANY SCHOOL ON THE FOUNDATION OF CHRIST'S HOSPITALS IN ONE OR MORE OF THE FOLLOWING WAYS: (1) THE AWARD OF SCHOLARSHIP, BURSARIES OR MAINTENANCE ALLOWANCES TENABLE AT ANY SCHOOL, UNIVERSITY OR OTHER PLACE OF LEARNING; AND (2) THE PROVISION OF OUTFITS, CLOTHING, TOOLS, INTRUMENTS, BOOKS AND FINANCIAL ASSISTANCE TO ASSIST THE ENTRY OF BENEFICIARIES INTO A TRADE, PROFESSION OR CALLING; (3) THE AWARD OF SCHOLARSHIPS AND MAINTENANCE ALLOWANCES TO ENABLE BENEICIARIES TO TRAVEL ABROAD TO PURSUE THEIR EDUCATION; (4) PROVISION OF FACILITIES NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY; (5) FINANCIAL ASSISTANCE TO ENABLE BENEFICIARIES TO STUDY MUSIC OR OTHER ARTS, AND (6) THE PROMOTION, OTHERWISE THAN AS AFORESAID, OF THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF BENEFICIARIES.

Defined Area of Benefit:

CITY OF LONDON

Data Sources

Charity Commission for England and Wales
CharityBase
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