Finance Score: -5

Governance Score: -6

Support Score: 7

Accounts filed more than 5 days late: -2 times
Strong growth: +2
Volatile income & significant deficit in latest year: -5
No PartB

Very static board: -5
Mainly female board: -1

Gov Income
Grant maker support: +7

Overall GiG Score: -4

THE LITERATURE PRIZE FOUNDATION

The Prize aims to promote reading and appreciation of literature for the public benefit by selecting and raising the profile of the very best works published each year. Through its events, website and other media, it seeks to engage readers and writers throughout the English-speaking world in cultural debate and in the celebration, sustainment and furtherance of the art of literature.

Analysis by Giving is Great

Positives:

The charity has received Government grants
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

The Board is predominantly female
The Board composition appears to be very static

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
Income has been volatile recently and was significantly lower than spending in the latest year

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		£140	£210	£-70	n/a	n/a	n/a	n/a	n/a	0
31/12/21	*	£229	£169	£60	n/a	n/a	n/a	n/a	n/a	0
31/12/20	*	£208	£189	£19	n/a	n/a	n/a	n/a	n/a	0
31/12/19		£180	£188	£-8	n/a	n/a	n/a	n/a	n/a	10
31/12/18		£165	£128	£37	£0	£0	£0	n/a	0	0
31/12/17		£74	£97	£-23	£0	£0	£0	n/a	0	0
31/12/16	*	£60	£41	£19	£0	£0	£0	n/a	0	0
31/12/15	*	£158	£154	£4	£0	£0	£0	n/a	0	0
31/12/14	*	£301	£309	£-8	£0	£0	£0	n/a	0	0
31/12/13	*	£208	£201	£8	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 11 years

https://thewritersprize.com

02035896881

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Community services

How it operates

Makes Grants to Individuals
Other charitable activities
Provides services

Where it operates

Throughout London,

Who it helps

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
Esmee Fairbairn - TASK to The Literature Prize Foundation
£15,000	20/10/2023	TASK fund donation towards the Folio Prize mentorship programme

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

ANDREW NICHOLSON KIDD (Chair) Appointed: 2013

AMY LASHINSKY Appointed: 2016

ANNA NATALIA FAIRWEATHER Appointed: 2016

KATE VICTORIA HARVEY Appointed: 2013

SUZY LUCAS Appointed: 2016

TANYA SEGHATCHIAN Appointed: 2013, Occupation: Producer, Other trusteeship: ALMEIDA THEATRE COMPANY LIMITED,

Legal constitution

Charity registered in England & Wales on 05/03/2013, number: 1151069

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

10 returns made; AR21: 111 days late, AR20: 476 days late, AR16: 111 days late, AR15: 20 days late, AR14: 8 days late, AR13: 130 days late,

Main office

77 Barnsbury Street
London
N1 1EJ

Objectives

TO PROMOTE THE READING AND APPRECIATION OF LITERATURE FOR THE PUBLIC BENEFIT BY SELECTING AND RAISING THE PROFILE OF THE VERY BEST WORKS OF FICTION PUBLISHED EACH YEAR, IN PARTICULAR THROUGH THE AWARD OF THE ANNUAL LITERATURE PRIZE (TO OPERATE PUBLICLY, FOR THE FORESEEABLE FUTURE, AS THE FOLIO PRIZE, ADOPTING THE NAME OF OUR SPONSOR). THE PRIZE RECOGNIZES SUPERB LITERARY MERIT IN A WORK WRITTEN IN ENGLISH AND PUBLISHED IN THE UK, AND IS OPEN TO WRITERS GLOBALLY. THROUGH ITS WEBSITE AND OTHER MEDIA, AS WELL AS COMMUNITY OUTREACH PROGRAMMES, THE LITERATURE PRIZE FOUNDATION WILL SEEK TO ENGAGE READERS AND WRITERS THROUGHOUT THE ENGLISH-SPEAKING WORLD IN CULTURAL DEBATE AND IN THE CELEBRATION, SUSTAINMENT AND FURTHERANCE OF THE ART OF LITERATURE, WHICH IT BELIEVES HAS THE CAPACITY TO ENRICH AND CHANGE PEOPLE'S LIVES.

Data Sources