Finance Score: 2

Governance Score: -7

Support Score: 2

Strong growth: +2

Only 3 Trustees: -2
Narrow trustee age band: -2
All male board: -3

Grant maker support: +2

Overall GiG Score: -3

THE RUMI FOUNDATION

The purposes of the Charity are: - the advancement of education in the UK and overseas;- the provision, support and promotion of the education of children and young people in schools and institutions of further and higher education;- the education of disadvantaged members of the public; - the promotion of the arts; and - the relief of poverty.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
This charity has an endowment fund which generates most of its income
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are only 3 trustees
The Board is completely male
The Board has little diversity in terms of age

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		£7,536	£8,313	£-777	£96	£63,698	£63,698	92	0	5
31/03/22		£7,660	£8,199	£-539	£71	£80,050	£80,050	117.2	0	5
31/03/21		£6,636	£4,537	£2,098	£2,217	£76,428	£76,428	202.1	1	5
31/03/20		£4,988	£3,764	£1,224	£2,544	£71,489	£71,489	227.9	1	8
31/03/19		£4,286	£3,482	£803	£1,509	£70,450	£70,450	242.8	0	4
31/03/18		£4,818	£3,756	£1,062	£2,614	£68,940	£68,940	220.2	0	0
31/03/17		£5,273	£4,387	£886	£2,999	£62,344	£62,344	170.6	0	0
31/03/16		£33,438	£745	£32,693	£174	£57,714	£57,714	929.6	0	0
31/03/15		£941	£769	£173	£55	£25,021	£25,021	390.7	0	0
31/03/14		£4,186	£802	£3,384	£387	£20,937	£20,937	313.1	0	0
31/03/13		£11,368	£7,294	£4,074	£6,514	£19,259	£19,259	31.7	0	0
31/03/12		£433	£850	£-417	£0	£0	£0	n/a	0	0
31/03/11		£542	£213	£328	£166	£15,966	£15,966	897.5	0	0
31/03/10		£1,317	£240	£1,077	£219	£15,627	£15,627	780.5	0	0
31/03/09		£698	£173	£526	£134	£14,733	£14,733	1024.4	0	0
31/03/08	*	£10,546	£97	£10,449	£61	£14,207	£14,207	1758.2	0	0
31/03/07	*	£3,797	£39	£3,758	£39	£3,758	£3,758	1154.1	0	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 62%
Liabilities/Income: 1371%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 92 months
Net Current Assets/Spending: 12 months
Quick Ratio: 1.4

Asset Split ?

Established: 18 years

www.rumifoundation.com

info@rumifoundation.com

034 5222 9222

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Amateur Sport
Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Other education services

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

Unknown number of employees
5 volunteers

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
Oxfordshire Community Foundation - Mental Wealth Academy
£6,500	09/12/2021 11	Grant to Banbury Young Homelessness Project

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 47-62

DAVID MURIITHI Appointed: 2006, Occupation: Company Director

BRENT POLLARD Appointed: 2006, Occupation: Director

STUART MALCOLMSON Appointed: 2020, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 07/07/2006, number: 1115154
Registered at Companies House on 08/06/2006, number: 05840786

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
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
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

17 returns made; AR08: 1 days late, AR07: 2 days late,

Main office

BDB Pitmans
One Bartholomew Close
LONDON
EC1A 7BL

Objectives

(3.1) THE ADVANCEMENT OF EDUCATION OF THE PUBLIC OF ANY AGE IN THE UK AND OVERSEAS AND IN PARTICULAR, BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING:(3.1.1) THE PROVISION, SUPPORT AND PROMOTION OF THE EDUCATION OF CHILDREN AND YOUNG PEOPLE IN SCHOOLS AND INSTITUTIONS OF FURTHER AND HIGHER EDUCATION; AND (3.1.2) THE EDUCATION OF DISADVANTAGED MEMBERS OF THE PUBLIC; AND (3.1.3) THE PROMOTION OF THE ARTS. (3.2) THE RELIEF OF POVERTY.

Defined Area of Benefit:

IN THE UK AND OVERSEAS.

Data Sources