Finance Score: 2

Governance Score: 6

Support Score: 5

Low unrestricted reserves: -2
Large legacies income: +1
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3

Overall weighted support: +5

Overall GiG Score: 13

THE FUNDING NETWORK

The Funding Network (TFN), founded in 2002, is an affiliation of individuals who join together to fund social change projects.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has received considerable income from legacies in recent years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity only provides its support via other charities

Financial issues to consider:

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

Comment by the Charity:
Next event details here

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	£888	£893	£-5	£51	£173	£155	2.1	5	0
31/03/22	£811	£765	£46	£30	£178	£143	2.2	4	10
31/03/21	£824	£813	£11	£6	£132	£98	1.5	4	20
31/03/20	£725	£721	£5	£13	£121	£108	1.8	4	15
31/03/19	£730	£760	£-31	£12	£116	£116	1.8	5	15
31/03/18	£696	£793	£-98	£11	£147	£119	1.8	5	0
31/03/17	£727	£721	£6	£13	£244	£168	2.8	5	0
31/03/16	£846	£747	£99	£16	£238	£119	1.9	5	0
31/03/15	£622	£667	£-45	£22	£139	£100	1.8	4	0
31/03/14	£764	£740	£24	£31	£185	£109	1.8	4	0
31/03/13	£831	£820	£11	£31	£161	£136	2	4	0
31/03/12	£737	£708	£29	£28	£150	£150	2.5	3	0
31/03/11	£757	£727	£30	£30	£120	£120	2	3	0
31/03/10	£595	£537	£58	£39	£90	£90	2	3	0
31/03/09	£576	£559	£16	£26	£33	£1	0	2	0
31/03/08	£191	£195	£-4	n/a	n/a	n/a	n/a	n/a	n/a
31/03/07	£301	£297	£4	n/a	n/a	n/a	n/a	n/a	n/a
31/03/06	£240	£246	£-5	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	£231	£234	£-3	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	£217	£206	£12	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 5.7%
Fundraising Costs/Total Spending: 5.7%
Senior Staff Costs/Total Spending: 11%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 57%
Liabilities/Income: 26%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 2.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 2.2

Asset Split ?

Balance Sheet History

Established: 23 years

www.thefundingnetwork.org.uk

info@thefundingnetwork.org.uk

07717 524905

Charity Commission for England and Wales

Tweets

Listed activities

General Charitable Purposes

GiG Classification

Philanthropic intermediaries and volunteering

How it operates

Makes grants to organisations

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies

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.

Specific Donations

Amount	When Months	To be used for
The EQ Foundation - Grant to The Funding Network
£10,000	03/10/2023	Core funding
City Bridge Trust - Grant to Funding Network
£175,000	09/02/2023 60	£175,000 over five years (£50,000; £45,000; £35,000; £25,000; £20,000) to strengthen the Funding Network’s core organisational capacity so it can increase the number of companies and employees engaged in supporting charities in London, with ....more £175,000 over five years (£50,000; £45,000; £35,000; £25,000; £20,000) to strengthen the Funding Network’s core organisational capacity so it can increase the number of companies and employees engaged in supporting charities in London, with skills, time, and money. Funding contributes to 2.5 days per week of the Membership Manager and one day per week of the Chief Executive.
The EQ Foundation - Grant to The Funding Network
£10,000	15/09/2022	Unrestricted
The EQ Foundation - Grant to The Funding Network
£10,000	15/08/2021	Core funding
The EQ Foundation - Grant to The Funding Network
£3,000	15/05/2021	Suvita
The EQ Foundation - Grant to The Funding Network
£500	15/01/2021	Unrestricted
The EQ Foundation - Grant to FOAG Uganda
£500	15/12/2020	Grant to FOAG Uganda via the Funding Network
Hazelhurst Trust - Grant
£2,280	18/06/2013	Funding network event at Watts Gallery
Esmee Fairbairn - Grant to The Funding Network
£30,000	31/01/2012	Towards core costs to run regular charitable fundraising events.
Esmee Fairbairn - Grant to The Funding Network
£120,000	20/03/2008 36	Towards Core costs Towards core costs, which will support The Funding Network in its efforts to bring new donors into charitable giving.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)

Current Trustees appointed

Age Range of Trustees: 38-65

AILIS PATRICIA CLARKE Appointed: 2019, Occupation: Founder

ALAN DENIS MORTON Appointed: 2023, Occupation: Chartered Accountant

ANJA BATISTA SONKSEN Appointed: 2024

FIONA JENNIFER JOHNSTON Appointed: 2019, Occupation: Coo

ISABEL SANCHEZ LEE Appointed: 2023, Occupation: Outreach And Partnerships Adviser

KAWIKA SOLIDUM (Chair) Appointed: 2018, Occupation: Trustee

OFOVWE AIG-IMOUKHUEDE Appointed: 2020, Occupation: Company Director

WENDY BRIERLEY Appointed: 2022, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 04/09/2001, number: 1088315
Registered at Companies House on 03/08/2000, number: 04046959

Gift Aid

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
Engaging external speakers at charity events policy and procedures
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
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures

Filing Record

20 returns made; all on time

Main office

TOYNBEE HALL
28 COMMERCIAL STREET
LONDON
E1 6LS

Objectives

TO PAY OR APPLY THE FUNDS OF THE COMPANY TO OR TOWARDS OR IN FURTHERANCE OR ADVANCEMENT OR FOR THE BENEFIT OF SUCH ONE OR MORE CHARITIES, CHARITABLE INSTITUTIONS OR CHARITABLE PURPOSES AND IF MORE THAN ONE IN SUCH SHARES AND IN SUCH MANNER AS THE BOARD OF DIRECTORS OF THE COMPANY THEREAFTER IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME SHALL RESPECTIVELY SELECT AND THINK FIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources

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