Finance Score: -1
Governance Score: 6
Support Score: 4
  • Volatile income
  • spending growth: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +4
Overall GiG Score: 9 ?

THE NATIONAL FUNDING SCHEME 

NFS supports charities from all sectors by promoting the efficiency and effectiveness of charitable giving through a digital donation platform, allowing organisations to raise funds for specific charitable projects. NFS also supports charities by offering DONATE Events, where the charities host specific events at which the digital donation platform is utilised to encourage increased donations.
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 issues to consider:

  • Income has been volatile recently but spending has been maintained
Established: 11 years

https://www.nationalfundingscheme.org/

hello@nationalfundingscheme.org

0333 3395234

Charity Commission for England and WalesCompanies HouseFacebookX

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
30/09/22£610£599£11£0£-44£0n/a00
30/09/21£965£963£2£0£-55£-55-0.700
30/09/20£1,194£1,208£-14£0£-57£-57-0.600
30/09/19£331£333£-2n/an/an/an/an/a3
30/09/18£324£326£-2£0£0£0n/a01
30/09/17£297£305£-8£0£0£0n/a00
30/09/16£326£352£-26£0£0£0n/a00
30/09/15£341£421£-80£0£0£0n/a00
30/09/14£215£250£-35£0£0£0n/a00
30/09/13*£400£290£110£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 139%
Liabilities/Income: 25%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.7
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
  • General Charitable Purposes
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Organisations
  • Provides services
Where it operates
  • Scotland, Throughout England And Wales,
Who it helps
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind

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
Garfield Weston Foundation - Main Grants award
£30,000 18/02/2022
DONATE platform development costs
Manchester City Council - Grant to Withington Village Regen
£270 04/09/2020
Grant to support Withington Walls Art Project
Manchester City Council - Grant to Venture Arts Ltd
£3,688 01/06/2020
Funding is to support cultural organisations in Manchester City which are delivering against the City's priorities and meeting the themes of the Cultural Ambition
Manchester City Council - Grant to Venture Arts Ltd
£3,688 28/02/2019
Cultural partnership Agreements. The purpose of the funding is to support cultural organisations in Manchester City which are delivering against the City's priorities and meeting the themes of the ....more
Manchester City Council - Grant to Venture Arts Ltd
£3,688 01/04/2018
Cultural partnership Agreements. The purpose of the funding is to support cultural organisations in Manchester City which are delivering against the City's priorities and meeting the themes of the ....more
Nesta - AC00341
£150,000 28/03/2013
Innovation in Giving programme grant to National Funding Scheme Grant Ref AC00341

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed

Age Range of Trustees: 29-58
  • JUN PARK Appointed: 2020, Occupation: Marketing Director
  • SAM COOPER Appointed: 2021, Occupation: Commercial Director
Legal constitution
  • Charitable company registered in England & Wales on 16/11/2012, number: 1149800
  • Registered at Companies House on 20/09/2012, number: 08223187
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
Filing Record
10 returns made; AR13: 32 days late,
Main office

National Funding Scheme
c/o 1 Golden Court
RICHMOND
Surrey
TW9 1EU

Objectives

1)THE PROMOTION OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES FOR THE PUBLIC BENEFIT BY PROMOTING CHARITABLE GIVING, FUNDRAISING AND DONATIONS TO CHARITIES, PARTICULARLY (BUT NOT EXCLUSIVELY) THROUGH SUPPORTING NEW WAYS OF GIVING TO CHARITIES AND THROUGH DIGITAL MEANS.2) SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

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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