Finance Score: -2

Governance Score: -4

Support Score: 3

Low unrestricted reserves: -2
Strong growth: +2
Fundraising costs high: -2

No conflicts policy: -1
Only 4 Trustees: -1
Narrow trustee age band: -2

Overall weighted support: +3

Overall GiG Score: -3

QUEEN MARY, UNIVERSITY OF LONDON FOUNDATION

To promote for the public benefit education and scholarship by, in particular, promoting and supporting the provision of education, teaching and research and the publication of the results of such research at Queen Mary University of London and any other charitable bodies that Queen Mary acts in co-operation.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker recently
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
Why are there only 4 trustees?
The Board has little diversity in terms of age

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
Fundraising costs are high relative to funds raised

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
31/07/23		£2,184	£2,216	£-32	£542	£1,560	£1	0	0	0
31/07/22		£1,871	£2,424	£-552	£561	£922	£1	0	0	0
31/07/21		£2,766	£1,949	£817	£383	£1,475	£0	0	0	0
31/07/20		£1,222	£904	£318	£458	£657	£0	0	0	0
31/07/19	*	£582	£476	£107	£401	£340	£3	0.1	0	0
31/07/18		£575	£836	£-261	£405	£233	£2	0	0	0
31/07/17	*	£760	£549	£211	£362	£494	£0	0	0	0
31/07/16		£750	£740	£10	£387	£283	£-2	-0	0	0
31/07/15		£853	£839	£15	£344	£273	£0	0	0	0
31/07/14		£507	£321	£187	£209	£258	£0	0	0	0
31/07/13		£339	£401	£-62	n/a	n/a	n/a	n/a	n/a	n/a
31/07/12		£344	£442	£-98	n/a	n/a	n/a	n/a	n/a	n/a
31/07/11		£228	£33	£195	n/a	n/a	n/a	n/a	n/a	n/a
31/07/10	*	£330	£482	£-152	n/a	n/a	n/a	n/a	n/a	n/a
31/07/09		£530	£92	£439	£7	£1,825	£6	0.9	0	0
31/07/08		£1,467	£163	£1,304	£5	£1,386	£0	0	0	0
31/07/07		£91	£9	£82	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 25%
Fundraising Costs/Total Spending: 24.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 15%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: 8 months
Quick Ratio: 6.4

Asset Split ?

Balance Sheet History

Established: 19 years

k.tangalova@qmul.ac.uk

020 7882 5555

Charity Commission for England and Wales

Listed activities

Education/Training
General Charitable Purposes

GiG Classification

Colleges and universities

How it operates

Makes grants to individuals
Makes grants to organisations
Sponsors or undertakes research

Where it operates

City Of London, Hackney, Newham, Tower Hamlets,

Who it helps

The General Public/Mankind

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
Esmee Fairbairn - Grant to Queen Mary University of London
£5,500	20/02/2023	Towards unrestricted core costs as a Cost of Living Uplift
Esmee Fairbairn - Grant to Queen Mary University of London
£55,000	19/11/2021 36	Towards project costs towards a student-led social venture fund which empowers young people from diverse backgrounds to develop skills in investment management.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

Age Range of Trustees: 57-63

DR TIM EDWARDS HARRIS Appointed: 2023, Occupation: Co-Opted Member Of Finance And Investment Committe

LORD TIMOTHY FRANCIS CLEMENT-JONES CBE Appointed: 2017

MELISSA JANE TATTON Appointed: 2023, Occupation: Coo

PROFESSOR COLIN GARETH BAILEY Appointed: 2017, Occupation: University Principal

Legal constitution

Charitable company registered in England & Wales on 21/03/2006, number: 1113376
Registered at Companies House on 22/02/2006, number: 05718176

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

17 returns made; AR19: 2 days late, AR17: 7 days late, AR10: 52 days late,

Main office

QUEEN MARY UNIVERSITY OF LONDON
327 MILE END ROAD
LONDON
E1 4NS

Objectives

TO PROMOTE FOR THE PUBLIC BENEFIT EDUCATION AND SCHOLARSHIP BY, IN PARTICULAR, PROMOTING AND SUPPORTING THE PROVISION OF EDUCATION TEACHING AND RESEARCH AND THE PUBLICATION OF THE RESULTS OF SUCH RESEARCH AT QUEEN MARY, UNIVERSITY OF LONDON AND ANY OTHER CHARITABLE BODIES WITH WHICH QUEEN MARY ACTS IN CO-OPERATION.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE NATIONAL AND OVERSEAS

Data Sources

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