Finance Score: 0

Governance Score: 6

Support Score: 3

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

Grant maker support: +3

Overall GiG Score: 9

THE RCN FOUNDATION

The RCN Foundation supports nursing to improve health and the well-being of the public. We support the development of clinical practice to improve the quality and standard of care and patient experience and the learning and development of nursing and healthcare professionals. The Foundation also provides one-off hardship grants through its Benevolent Fund

Analysis by Giving is Great

Positives:

The charity has received modest backing from several prominent grant makers recently
This charity has an endowment fund which generates most of its income
The Board appears to be well diversified in terms of age and dynamic in terms of composition

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	£1,253	£2,207	£-954	£320	£35,575	£26,399	143.5	0	52
31/12/21	£1,465	£3,877	£-2,412	£264	£41,895	£30,961	95.8	11	74
31/12/20	£6,722	£5,718	£1,004	£206	£40,774	£30,919	64.9	0	46
31/12/19	£1,598	£1,776	£-178	£176	£37,284	£27,767	187.6	0	37
31/12/18	£2,356	£1,384	£972	£125	£32,630	£24,186	209.7	0	14
31/12/17	£1,430	£1,872	£-442	£106	£33,695	£25,068	160.7	0	0
31/12/16	£1,524	£1,241	£283	£12	£31,579	£23,569	227.9	0	0
31/12/15	£1,192	£1,337	£-145	£28	£29,228	£21,902	196.6	0	0
31/12/14	£1,044	£943	£101	£66	£29,369	£22,006	280	0	0
31/12/13?	£807	£674	£133	£80	£26,931	£20,211	359.8	0	0
31/03/12	£857	£1,061	£-204	£68	£24,894	£18,618	210.6	0	0
31/03/11	£23,664	£426	£23,238	£69	£25,282	£19,227	541.6	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 2%
Liabilities/Income: 66%
Unrestricted Funds/Total Funds: 74%
Reserves/Spending: 143.5 months
Net Current Assets/Spending: 18 months
Quick Ratio: 0.7

Asset Split ?

Established: 14 years

www.rcnfoundation.org.uk

RCN.Foundation@rcn.org.uk

02076473645

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Professional associations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Other Defined Groups
The General Public/Mankind

Who supports 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
The Leathersellers' Company Charitable Fund - Grant to RCN Foundation
£20,000	10/05/2023 12	To provide training grants to nurses whose main specialism is not mental health to upskill in this area relating to children and young people
The Leathersellers' Company Charitable Fund - Grant to RCN Foundation
£20,000	03/11/2021 12	To provide scholarships
The Leathersellers' Company Charitable Fund - Grant to RCN Foundation
£20,000	18/09/2020 12	To provide scholarships

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Age Range of Trustees: 30-64

ALISON CLAIRE HOAD Appointed: 2022, Occupation: Chief Strategy Office, Publicis Poke

ANTHONY JOSEPH OSIJO Appointed: 2021, Occupation: Banker

CRISTY BELLE JALECO Appointed: 2023, Occupation: Theatre Nurse - Sister

DR MARIA ALICE POLLARD Appointed: 2004

ELIZABETH JANE CANTRELL Appointed: 2021, Occupation: Nurse

GORDON ROBERT HULL Appointed: 2018, Occupation: Retired

GREGORY JAMES DIX Appointed: 2021, Occupation: Executive Nurse Director

MOYA KATE KIRMOND Appointed: 2018, Occupation: Nurse

PROFESSOR CHARLOTTE THERESA MCARDLE Appointed: 2018, Occupation: Chief Nursing Officer Northern Ireland

PROFESSOR JANE FRANCES CUMMINGS CBE (Chair) Appointed: 2019, Occupation: Chief Nursing Officer

RACHEL MELANIE CLAIRE LAMBERT-FORSYTH Appointed: 2018, Occupation: Manager

Legal constitution

Charitable company registered in England & Wales on 02/03/2010, number: 1134606
Registered at Companies House on 22/09/2009, number: 07026001

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

12 returns made; all on time

Recent reorganisation events:

Asset transfer in from UNITED BRISTOL HOSPITAL NURSES' LEAGUE BENEVOLENT FUND on 01/07/2022

Main office

ROYAL COLLEGE OF NURSING
20 CAVENDISH SQUARE
LONDON
W1G 0RN

Objectives

THE OBJECTS OF THE CHARITY ARE:3.1 TO PROMOTE THE SCIENCE AND ART OF NURSING AND THE BETTER EDUCATION AND TRAINING OF PERSONS PROVIDING NURSING IN HEALTH AND SOCIAL CARE AND THEIR EFFICIENCY IN THE PROFESSION OF NURSING INCLUDING THOSE WHO ARE STUDENTS;3.2 TO PROMOTE THE ADVANCEMENT OF NURSING AS A PROFESSION IN ALL OR ANY OF ITS BRANCHES;3.3 TO PROMOTE THROUGH THE MEDIUM OF INTERNATIONAL AGENCIES AND OTHERWISE THE FOREGOING PURPOSES IN OTHER COUNTRIES;3.4 TO RELIEVE AND PREVENT CHARITABLE NEED OF PERSONS PROVIDING NURSING IN HEALTH AND SOCIAL CARE INCLUDING THOSE WHO ARE STUDENTS, THOSE WHO HAVE RETIRED AND THE DEPENDENTS OF ANY SUCH PERSONS.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL AND OVERSEAS

Data Sources