Finance Score: -3

Governance Score: 9

Support Score: 4

Volatile income: -3

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

Overall weighted support: +4

Overall GiG Score: 10

HEART OF ENGLAND COMMUNITY FOUNDATION

Manage funds on behalf of a range of donors who want to invest in their local communities, supporting hundreds of grassroots organisations every year to make their communities a better place to live, work and play. We aim to make a real difference at a local level across the areas we support.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates much of its income. Its latest spending amounts to 14.9% of total funds
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

Income has been volatile recently

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		£3,712	£3,523	£189	£59	£23,582	£1,975	6.7	11	61
31/03/22		£4,074	£3,950	£124	£41	£21,467	£1,932	5.9	11	62
31/03/21		£7,176	£9,197	£-2,021	£62	£20,305	£1,893	2.5	16	22
31/03/20		£6,610	£5,885	£725	£51	£19,369	£1,582	3.2	18	2
31/03/19		£4,574	£3,893	£681	£44	£19,623	£1,567	4.8	17	33
31/03/18		£8,028	£3,642	£4,386	£45	£16,472	£1,507	5	13	0
31/03/17		£2,346	£2,379	£-33	£29	£12,070	£1,184	6	12	0
31/03/16		£3,603	£1,211	£2,391	£8	£10,063	£890	8.8	7	0
31/03/15		£5,070	£2,686	£2,385	£18	£7,870	£881	3.9	4	0
31/03/14		£1,321	£1,001	£320	£32	£5,204	£767	9.2	3	0
31/03/13		£2,379	£1,586	£793	£40	£5,025	£835	6.3	3	0
31/03/12		£1,382	£1,188	£194	£45	£3,965	£297	3	4	0
31/03/11		£1,788	£770	£1,018	£43	£3,805	£352	5.5	5	0
31/03/10		£1,517	£1,576	£-59	£37	£2,579	£335	2.6	5	0
31/03/09	*	£1,633	£1,442	£191	£19	£1,897	£180	1.5	8	0
31/03/08		£1,438	£1,299	£139	£13	£1,819	£533	4.9	7	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 2%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 8%
Reserves/Spending: 6.7 months
Net Current Assets/Spending: 11 months
Quick Ratio: 6.5

Asset Split ?

Balance Sheet History

Established: 18 years

www.heartofenglandcf.co.uk

tina@heartofenglandcf.co.uk

02477800520

Charity Commission for England and Wales

Tweets

Listed activities

General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes grants to organisations

Where it operates

Birmingham City, Coventry City, Dudley, Sandwell, Solihull, Walsall, Warwickshire, Wolverhampton,

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
Dulverton Trust - Heart of England Dulverton Fund 2022-25
£330,996	28/10/2021	Heart of England Dulverton Fund 2022-25
DCMS - Heart of England Community Foundation
£55,000	01/04/2019	Ensuring that the VAT received from sanitary products is used to support vulnerable and underrepresented women and girls.
DCMS - Heart of England Community Foundation
£5,000	01/04/2018	Ensuring that the VAT received from sanitary products is used to support vulnerable and underrepresented women and girls. Administration of 3rd party competition
National Lottery Community Fund - BC/1/2 Community Matters in the Black Country
£2,600,182	12/05/2016 46	The project will enable adults from the most disadvantaged parts of the Black Country move towards and into employment by developing their skills and confidence. It will provide tailored support and aims to improve the lives, living conditions and ....more The project will enable adults from the most disadvantaged parts of the Black Country move towards and into employment by developing their skills and confidence. It will provide tailored support and aims to improve the lives, living conditions and raise the aspirations of marginalised people.
National Lottery Community Fund - BC/1/2 Community Matters in the Black Country
£49,000	06/11/2015 12	The grant will be used to develop plans for a project to support adults from the most disadvantaged parts of the Black Country to move towards and into employment by developing their skills and confidence through tailored support. The development ....more The grant will be used to develop plans for a project to support adults from the most disadvantaged parts of the Black Country to move towards and into employment by developing their skills and confidence through tailored support. The development funding will be used for staff costs, user engagement, co-design activities, marketing, office costs and professional advice.
National Lottery Community Fund - Coventry and Warwickshire partnership development funding
£13,445	24/10/2012 12	This application is from Heart of England Community Foundation, a charity and registered company based in Coventry, serving the development of the Talent Match Partnership in the Coventry and Warwickshire LEP area.

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: 31-66

ALETHEA FULLER Appointed: 2021, Occupation: Deputy Chief Exec For Police & Crime Commissioner

CALUM JAMES NISBET Appointed: 2021, Occupation: Commercial Director

CHRISTOPHER WEST (Chair) Appointed: 2017, Occupation: Financial Consultant

CLEOPATRA LOUISE MORRIS Appointed: 2021, Occupation: Founder & Director

JUDE JENNISON Appointed: 2017, Occupation: Business Owner

MICHELLE VINCENT Appointed: 2013, Occupation: Chartered Accountant

PAUL BELFIELD Appointed: 2009, Occupation: Bank Official

RICHARD PORT MBE Appointed: 2022

Legal constitution

Charitable company registered in England & Wales on 20/12/2006, number: 1117345
Registered at Companies House on 15/11/2006, number: 05999452

Gift Aid

Registered with HMRC for Gift Aid

Event History

02/12/2013 - Asset transfer in from SOLIHULL COMMUNITY FOUNDATION
12/08/2015 - Asset transfer in from HARRY PAYNE TRUST
13/04/2016 - Asset transfer in from LIBRARY OF BIRMINGHAM DEVELOPMENT TRUST
01/12/2016 - Asset transfer in from FIVE OF HEARTS
17/04/2018 - Asset transfer in from THE ANNIE BETTMANN FOUNDATION NO 1
05/07/2018 - Asset transfer in from HEART OF ENGLAND COMMUNITY FOUNDATION
28/12/2018 - Asset transfer in from THE AKRILL, WILSON AND KENRICK EDUCATIONAL FOUNDATION
28/12/2018 - Asset transfer in from THE ALBRIGHTS' TRUST FUND IN CONNECTION WITH OLDBURY COUNTY HIGH SCHOOL)
28/12/2018 - Asset transfer in from THE ANNIE LENNARD SCHOOL FUND
28/12/2018 - Asset transfer in from CHARLES WOODCOCK SWIMMING PRIZE FUND
28/12/2018 - Asset transfer in from THE DAVIS TRUST FUND
28/12/2018 - Asset transfer in from EDWARD I WHEATLEY TRUST FUND, IN CONNECTION WITH GUNS VILLAGE JUNIOR SCHOOL
28/12/2018 - Asset transfer in from THE SAVINGS BANK INTEREST FUND
28/12/2018 - Asset transfer in from WEST BROMWICH EDUCATIONAL FOUNDATION
28/12/2018 - Asset transfer in from THE FOUNDER PARENTS' ASSOCIATION AWARD FOR SERVICE
28/12/2018 - Asset transfer in from CHARITY OF JOHN SPENCER
23/10/2019 - Asset transfer in from MAYORESS'S BURSARY FUND
23/10/2019 - Asset transfer in from LAURA M WESTON SCHOLARSHIP
23/10/2019 - Asset transfer in from GLEDHILL FOUNDATION
23/10/2019 - Asset transfer in from THE ADAMS TRUST FUND
24/10/2019 - Asset transfer in from THE WILLIAM PERKS MEMORIAL PRIZE FOR MUSIC
24/10/2019 - Asset transfer in from GEORGE FRANCIS BETTS SCHOLARSHIP FUND
24/10/2019 - Asset transfer in from LIGHTWOODS EXTENSION LECTURE SOCIETY PRIZE FUND
24/10/2019 - Asset transfer in from THE GLASS WORKS MEMORIAL FUND
24/10/2019 - Asset transfer in from GEORGE FRANCIS BETTS SCHOLARSHIP FUND
24/10/2019 - Asset transfer in from DR FRIESSE MEMORIAL GERMAN PRIZE
24/10/2019 - Asset transfer in from W C LEWIS MEMORIAL PRIZE FUND
24/10/2019 - Asset transfer in from MABEL HARSTON PRIZE FOR NEEDLEWORK
24/10/2019 - Asset transfer in from HEWITSON MEMORIAL BURSARY
24/10/2019 - Asset transfer in from CARL NEWTON QUIMBY MEMORIAL PRIZE
24/10/2019 - Asset transfer in from THOMAS POTTER MEMORIAL PRIZE
24/10/2019 - Asset transfer in from ARTHUR FENTON MEMORIAL PRIZE
24/10/2019 - Asset transfer in from A L HALEY MEMORIAL FUND
08/01/2020 - Asset transfer in from THE LILIAN LENCH PRIZE FUND
09/01/2020 - Asset transfer in from THE THOMAS DEELEY MEMORIAL TRUST
21/03/2020 - Asset transfer in from THE BEWLEY CHARITABLE TRUST
14/07/2021 - Asset transfer in from HARRY WESTON MEMORIAL FUND
27/10/2021 - Asset transfer in from PSA PEUGEOT CITROEN CHARITY TRUST
10/08/2022 - Asset transfer in from RECOM: BRIDGING THE IT GAP IN THE COMMUNITY LTD
22/02/2023 - Asset transfer in from THE JOHN FRIENDS MEMORIAL FUND
22/02/2023 - Asset transfer in from DOCTOR WILLIAM MACDONALD OF JOHANNESBURG TRUST
01/03/2023 - Asset transfer in from TANSLEY CHARITY TRUST
07/06/2023 - Asset transfer in from SOUTH BIRMINGHAM FRIENDS INSTITUTE TRUST
15/11/2024 - Asset transfer in from THE MACKMILLAN EDUCATIONAL FOUNDATION

Other Regulators

Financial Conduct Authority

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
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

16 returns made; AR09: 21 days late,

Main office

c/o Stellantis
Pinley House
Sunbeam Way
Coventry
CV3 1ND

Objectives

(A) THE PROMOTION OF ANY CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY IN THE CITY OF COVENTRY, THE COUNTY OF WARWICKSHIRE AND ELSEWHERE IN THE UNITED KINGDOM (THE AREA OF BENEFIT) AND IN PARTICULAR THE ADVANCEMENT OF EDUCATION THE PROTECTION OF GOOD HEALTH BOTH MENTAL AND PHYSICAL AND THE RELIEF OF POVERTY AND SICKNESS;(B) OTHER EXCLUSIVELY CHARITABLE PURPOSES WHICH ARE IN THE OPINION OF THE TRUSTEES BENEFICIAL TO THE COMMUNITY IN THE AREA OF BENEFIT.

Defined Area of Benefit:

CITY OF COVENTRY, WARWICKSHIRE AND ELSEWHERE IN THE UNITED KINGDOM

Data Sources

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