Overall GiG Score: 22 ?
Finance Score: 11
Governance Score: 6
Support Score: 5
  • Liabilities <10%: +3
  • Good reserves management: +3
  • Strong growth: +2
  • Multiple Deficits: -2
  • Future income +5
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +5

CO-OPERATIVE COMMUNITY INVESTMENT FOUNDATION 

To support, through donations from co-operative organisations, members, customers and employees, projects that contribute to relief of poverty, advancement of education or other such charitable purposes and which will benefit communities in which the businesses of Co-operative Group Ltd operate.
Analysis by Giving is Great

Positives:

  • The charity has received backing from multiple prominent grant makers recently and there are significant future grants due to be received
  • This charity has a robust balance sheet
  • Reserves management has been consistently within official guidelines
  • There has been strong growth in spending over the last 5 years
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

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:

  • On several occasions in recent years income has been less than spending
Established: 22 years

www.coopfoundation.org.uk

foundation@coop.co.uk

01616921877

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

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
31/12/22£3,779£5,311£-1,531£0£23,031£2,6766150
31/12/21£4,536£3,121£1,415£35£28,915£2,0357.890
31/12/20£3,394£3,934£-540£15£24,486£1,8695.780
31/12/19£4,344£4,017£328£0£22,727£2,678860
31/12/18£5,080£3,739£1,341£1£19,012£2,2517.250
31/12/17£1,697£1,194£503£1£18,395£1,89719.140
31/12/16£1,541£591£950£2£16,285£1,5763240
31/12/15£1,172£290£882£0£14,200£1,07244.320
31/12/14£1,066£2,757£-1,691£146£13,019£9,31240.550
31/12/13£3,390£4,717£-1,327£112£14,046£8,89922.640
31/12/12£4,113£4,867£-754£115£13,775£8,77821.650
31/12/11£3,337£2,809£528£116£13,244£12,47053.360
31/12/10£2,251£1,846£405£113£1,502£1,5029.800
31/12/09£1,339£1,089£250£93£1,098£1,09812.100
31/12/08£1,203£1,396£-192£118£847£8477.300
31/12/07*£894£1,264£-369£122£1,039£1,0399.900
31/12/06£1,453£859£593£0£0£0n/a00
31/12/05£1,317£1,639£-322£0£0£0n/a00
31/12/04£1,273£1,214£59£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 5%
Liabilities/Income: 35%
Unrestricted Funds/Total Funds: 12%
Reserves/Spending: 6 months
Net Current Assets/Spending: 7 months
Quick Ratio: 2.8
Asset Split ?
What it does
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • The Prevention Or Relief Of Poverty
Who works here?
  • 15 employees
Who it helps
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/Mankind
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Organisations
  • Sponsors or undertakes research
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,

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
Co-Operative Group - Grant to Co-op Foundation
£1,500,000 24/05/2023
Grant to support The GameChangers Fund which will create youth social action opportunties through the funding of youth-designed and led projects in England.
DCMS - Loneliness Comms Grant to Co-Op Foundation
£20,000 11/01/2021
To support the Co-op Foundation to undertake communications activity that will support the objectives of the Lets Talk Loneliness campaign at a critical time over winter during Covid-19, and looking ....more
Co-Operative Group - Grant to Co-op Foundation
£2,321,315 24/10/2020
We care about the world we share. Our charity will support Co-operate 2022, Co-op’s plan to improve communities’ wellbeing, skills & spaces.
DCMS - Loneliness Comms Grant to Co-Op Foundation
£20,000 01/04/2020
To support the Co-op Foundation to undertake communications activity that will support the objectives of the Lets Talk Loneliness campaign at a critical time over winter during Covid-19, and looking ....more
Co-Operative Group - Grant to Co-op Foundation
£268,548 15/11/2019
1 in 3 young people are lonely. Belong is a UK-wide project bringing young people together and giving them the tools to tackle loneliness.
DCMS - Community Spaces Fund
£800,000 17/06/2019
To support activity in community spaces, with the aim of promoting social connections in deprived areas across England. Co-operative Foundation will make onward grants to community space projects run ....more
DCMS - Youth loneliness campaign
£25,000 01/01/2019
Young people are the group that reports the highest levels of loneliness. Yet, they have been overlooked previously by campaigns to tackle loneliness. Co-op Foundation will create a youth-focused ....more
Co-Operative Group - Grant to Co-op Foundation
£238,193 19/11/2018
1 in 3 young people are lonely. Belong is a UK-wide project bringing young people together and giving them the tools to tackle loneliness
DCMS - Building Connections Fund - Youth Strand
£145,000 13/07/2018
The purpose of the Fund is to help individuals, communities and local services connect in a variety of ways and consolidate learning that can support future policy and funding decisions. The Fund ....more
National Lottery Community Fund - iwill Fund
£1,057,580 29/03/2017
48
The National Lottery and the Department of Culture, Media & Sport are each investing £20 million seed funding over four years to create the #iwill fund. Comic Relief is acting as a match ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split
Based on 7/8 persons

Age Range of Trustees: 26-72
  • JANE WATERS Appointed: 2023, Occupation: Head Of Finance, Risk & Governance
Legal constitution
  • Charitable company registered in England & Wales on 18/07/2002, number: 1093028
  • Registered at Companies House on 27/11/2000, number: 04117665
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; AR07: 1 days late,
Main office

9th Floor
1 Angel Square
Manchester
M60 0AG

Objectives

TO SUPPORT, THROUGH DONATIONS FROM CO-OPERATIVE ORGANISATIONS, MEMBERS, CUSTOMERS, PROJECTS THAT CONTRIBUTE TO THE RELIEF OF POVERTY, THE ADVANCEMENT OF EDUCATION OF OTHER SUCH CHARITABLE PURPOSES WHICH WILL BENEFIT BENEFIT THE COMMUNITIES IN WHICH BUSINESSES OF CO-OPERATIVE GROUP (CWS) LIMITED OPERATE THROUGHOUT THE AREA OF BENEFIT ESPECIALLY WHERE THE PROJECTS ARE SELF-HELP AND TO SUPPORT PROJECTS OR INITIATIVES THAT PROMOTE CHARITABLE PURPOSES WITHIN COMMUNITIES AND SELF-HELP ORGANISATIONS WHETHER WITHIN THE UK AND THE ISLE OF MAN.IN FURTHERANCE OF THE ABOVE OBJECTS BUT NOT OTHERWISE BY:(1) THE MAKING OF GRANTS TO ORGANISATIONS OF A VOLUNTARY, SELF-HELP OR NOT FOR PROFIT NATURE WORKING IN THE COMMUNITY AND INVOLVED IN PROJECTS PROVIDING LONG TERM BENEFITS TO THEIR COMMUNITIES BY WAY OF PHYSICAL BENEFITS AVAILABLE TO THE PUBLIC OR TRAINING OR EDUCATION.(2) THE PROVISION OF ASSISTANCE TO SUCH ORGANISATIONS BY WAY OF ADVICE, TECHNICAL ASSISTANCE, SEMINARS, TRAINING COURSES AND OTHER SIMILAR EVENTS AIMED AT PROMOTING THE PRINCIPLES OF DEVELOPMENT THROUGH COMMUNITY SELF-RELIANCE AND CO-OPERATION.(3) THE PROVISION OF A CENTRAL FOCUS AND INFORMATION POINT FOR DEMONSTRATING THE BENEFIT OF COMMUNITY SELF RELIANCE AND CO-OPERATION.(4) UNDERTAKING, COMMISSIONING AND FUNDING RESEARCH, ENQUIRIES OR REPORTS IN COLLABORATION WITH THE CO-OPERATIVE MOVEMENT OR OTHERWISE.

Defined Area of Benefit:

UK AND THE ISLE OF MAN

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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