Finance Score: 1
Governance Score: 6
Support Score: 8
  • Poor Liquidity: -1
  • Good Reserves: +1Multiple Deficits: -2
  • Fundraising costs low: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +8
Overall GiG Score: 15 ?

THE EDUCATION ENDOWMENT FOUNDATION 

The advancement of education for the benefit of the public by a) making grants to schools other not for profit organisations to fund projects which seek to address low educational attainment; and b) supporting and disseminating the results of research in to ways to mitigate the factors that cause or contribute to, and successful strategies for dealing with, low educational attainment.
Analysis by Giving is Great

Positives:

  • Fundraising costs are unusually low relative to funds raised
  • 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 gender and dynamic in terms of composition

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
  • On several occasions in recent years income has been less than spending
Established: 13 years

www.educationendowmentfoundation.org.uk

info@eefoundation.org.uk

02045363999

Charity Commission for England and WalesCompanies House
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
31/03/23£156,082£30,947£125,135£173£177,615£176,52868.5830
31/03/22£34,097£57,266£-23,169£212£52,638£49,96210.5640
31/03/21£42,673£35,354£7,318£266£75,750£56,53619.2480
31/03/20£8,949£21,118£-12,169£225£59,728£58,18233.1390
31/03/19£6,680£22,490£-15,810£214£72,706£72,06638.5290
31/03/18£5,334£14,173£-8,839£278£87,284£85,76572.6230
31/03/17£5,334£13,097£-7,763£275£96,785£94,69586.8170
31/03/16£10,025£19,769£-9,745£202£99,499£95,72558.1150
31/03/15£6,147£14,063£-7,916£381£112,758£111,01494.7140
31/03/14£7,820£11,149£-3,328£295£115,239£113,231121.9120
31/03/13£15,769£25,082£-9,313£297£123,141£121,46758.190
31/03/12£130,419£8,102£122,318£331£126,734£126,734187.740

Financial Ratios
Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 1.5%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 13%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 68.5 months
Net Current Assets/Spending: -6 months
Quick Ratio: 0.1
Asset Split ?
Listed activities
  • Education/Training
How it operates
  • Makes Grants to Organisations
  • Sponsors or undertakes research
Where it operates
  • Throughout England,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
Who works here?
  • 83 employees

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.

Major supporters in last 5 years
Department for Education£10,054,465
Paul Hamlyn Foundation£100,000
Cabinet Office£77,028
Specific Donations
Amount When
Months
To be used for
Cabinet Office - EEF Archive Accelerator
£77,028 01/06/2022
1. Hiring a fixed-term Evaluation Manager focused on overseeing all elements of Phase 1 and 2. This work requires a dedicated staff member who will manage the various processesand relationships ....more
Paul Hamlyn Foundation - COVID19 Emergency Funding
£100,000 29/04/2020
7
Support to aid the organisation in dealing with the challenges posed by COVID19.
Department for Education - Evidence Guardianship for Teacher Development Activity - Requirements of the Education Endowment Foundation
£2,000,000 01/04/2020
EEF evidence-guardianship role for activity related to teacher development in terms of framework development, curriculum materials review, and sign-off including amendments and updates and evaluation ....more
Department for Education - Nuffield Early Language Intervention
£8,054,465 01/04/2020
36
A 20-week programme designed for reception-aged children (4-5 years) needing extra support with their speech and language development and early literacy skills. The programme is delivered by trained ....more
Home Office - ALB CoP - Education Endowment Foundation 17-18
£60,000 01/01/2018
The purpose of the funding is to commission a piece of joint work for the College of Policing and the Education Endowment Foundation to develop tools that support the assessment and translation of ....more

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split
Based on 8/9 persons

Age Range of Trustees: 54-74
  • HANNEKE SMITS Appointed: 2018, Occupation: Chief Executive Officer
Legal constitution
  • Charitable company registered in England & Wales on 25/05/2011, number: 1142111
  • Registered at Companies House on 01/04/2011, number: 07587909
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
Filing Record
12 returns made; all on time
Main office

EDUCATION ENDOWMENT FOUNDATION
5TH FLOOR
MILLBANK TOWER
21-24 MILLBANK
LONDON

Objectives

3.1 THE OBJECT OF THE CHARITY IS THE ADVANCEMENT OF EDUCATION FOR THE BENEFIT OF THE PUBLIC, IN PARTICULAR, BUT NOT EXCLUSIVELY, BY:(A) MAKING GRANTS TO SCHOOLS, LOCAL AUTHORITIES, CHARITIES, SOCIAL ENTERPRISES AND OTHER VOLUNTARY AND COMMUNITY SECTOR ORGANISATIONS TO FUND PROJECTS WHICH SEEK TO ADDRESS LOW EDUCATIONAL ATTAINMENT; AND(B) SUPPORTING AND DISSEMINATING THE RESULTS OF RESEARCH INTO WAYS TO MITIGATE THE FACTORS THAT CAUSE OR CONTRIBUTE TO, AND SUCCESSFUL STRATEGIES FOR DEALING WITH, LOW EDUCATIONAL ATTAINMENT.

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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