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

Overall weighted support: +2

Overall GiG Score: -3

EFFECTIVE VENTURES FOUNDATION

We currently run a number of projects including, for example, Giving What We Can (which researches the most cost-effective global poverty charities and educates those who donate to them), 80,000 Hours (which researches and produces educational material about the ethics of career choice, with the object of advancing the education of the public on this subject).

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker recently
There has been strong growth in spending over the last 5 years
There have been no income shortfalls in recent years

Regulatory & Governance issues to consider:

The Charities Commission has issued a Public Report on this charity (see details below)
Why are there only 3 trustees?
Why is the Board completely male?
The Board has little diversity in terms of age
Over half the Board have joined 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
30/06/23		£61,956	£58,302	£3,654	£0	£46,880	£18,878	3.9	102	188
30/06/22	*	£140,575	£79,210	£61,365	£0	£87,612	£45,776	6.9	49	79
30/06/21		£18,638	£14,119	£4,518	£0	£23,372	£10,047	8.5	29	25
30/06/20		£15,522	£8,586	£6,936	£0	£18,854	£3,047	4.3	27	25
30/06/19		£14,254	£7,605	£6,648	£0	£11,918	£1,409	2.2	14	42
30/06/18		£5,870	£3,053	£2,817	£0	£5,269	£1,979	7.8	11	0
30/06/17		£4,020	£3,664	£356	£1	£2,453	£902	3	15	0
30/06/16		£3,507	£2,308	£1,200	£1	£2,097	£376	2	15	0
30/06/15	*	£719	£471	£248	£11	£906	£230	5.8	11	0
30/06/14		£483	£265	£217	n/a	n/a	n/a	n/a	n/a	n/a
30/06/13		£226	£141	£85	n/a	n/a	n/a	n/a	n/a	n/a

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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: £140,000-£150,000
Liabilities/Assets: 20%
Liabilities/Income: 19%
Unrestricted Funds/Total Funds: 40%
Reserves/Spending: 3.9 months
Net Current Assets/Spending: 6 months
Quick Ratio: 2.4

Asset Split ?

Balance Sheet History

Established: 12 years

https://ev.org/

info@ev.org

01865241188

Charity Commission for England and Wales

Listed activities

Animals
Economic/Community Development/Employment
Education/Training
General Charitable Purposes
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Overseas Aid/Famine Relief
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Philanthropic intermediaries and volunteering

How it operates

Acts as an umbrella or resource body
Makes grants to organisations
Other charitable activities
Provides advocacy/advice/information
Provides human resources
Sponsors or undertakes research

Where it operates

Oxfordshire,

Who it helps

Other Charities Or Voluntary Bodies
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
Open Philanthropy - Grant to Effective Ventures Foundation
£2,942,686	01/05/2024	To support the Centre for Effective Altruism
Open Philanthropy - Grant to Effective Ventures Foundation
£8,500,000	01/06/2023	To support the Centre for Effective Altruism
Open Philanthropy - Grant to Effective Ventures Foundation
£3,800,000	01/01/2023	To support the Centre for Effective Altruism

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 31-49

ELI ROSE Appointed: 2024, Occupation: Program Officer

LINCOLN QUIRK Appointed: 2023, Occupation: Director

PATRICK THOMAS GRUBAN Appointed: 2024, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 20/11/2012, number: 1149828
Registered at Companies House on 23/02/2012, number: 07962181

Gift Aid

Registered with HMRC for Gift Aid

Public Reports

2024-05-22 - INQUIRY REPORT (SORI)

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
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
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

11 returns made; AR22: 159 days late, AR15: 10 days late,

Main office

Trajan House
Mill Street
OXFORD
OX2 0DJ

Objectives

THE OBJECTS OF THE CHARITY SHALL BE, FOR THE PUBLIC BENEFIT, SUCH CHARITABLE PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW IN ENGLAND AND WALES, AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE; THEY SHALL IN PARTICULAR INCLUDE, WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING:1) THE PROMOTION AND IMPROVEMENT OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND THE APPLICATION OF CHARITABLE RESOURCES BY INFORMING, ADVISING AND EDUCATING THOSE WHO WORK FOR OR WITH CHARITIES AND VOLUNTARY ORGANISATIONS, OR WHO ARE OTHERWISE CONCERNED WITH CHARITIES AND VOLUNTARY ORGANISATIONS, WITH A VIEW TO IMPROVING FUNDRAISING AND PLANNED GIVING TO CHARITIES AND FOR CHARITABLE PURPOSES;2) THE ADVANCEMENT OF EDUCATION BY PROVIDING SOURCES OF INFORMATION ABOUT THE ETHICS OF CAREER CHOICES;3) THE PREVENTION OR RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES THROUGH UNDERTAKING AND SUPPORTING RESEARCH INTO FACTORS THAT CONTRIBUTE TO POVERTY AND THE MOST APPROPRIATE WAYS TO MITIGATE THESE.

Data Sources

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