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home >> charity search >> the eq foundation
Finance Score: 0
Governance Score: 6
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Strong growth: +2
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 6 ?

THE EQ FOUNDATION 

This is a grant making charity, you can view its grants here

Overview

The EQ Foundation supports small and medium sized charitable organisations that have significant, proven impact, strong leadership, ambitious growth plans and a potential route to financial sustainability.

EQF has also developed initiatives to assist philanthropists including the Giving is Great and Tythe.org online platforms. Giving is Great helps to identify highly effective charities by aggregating data from multiple sources, including support from major grant makers. Tythe.org allows people to make modest sized, regular donations to a collection of charities (currently focusing on climate action) that have been analysed as being highly effective. Subscribers benefit from monthly updates on key developments from charities and are shielded from requests to donate more.

Source: Giving is Great

Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £4,198,219 available, equivalent to 56 months of spending and so may not be able to utilise additional funding

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
30/04/23£966£904£63£0£4,199£4,19855.810
30/04/22£1,138£791£347£0£4,136£4,12262.610
30/04/21£3,675£720£2,955£0£3,789£3,78963.200
30/04/20£439£365£74n/an/an/an/an/a0
30/04/19£855£140£715£0£759£7596510
30/04/18£0£218£-218£0£0£0n/a00
30/04/17*£191£226£-35n/an/an/an/an/a0
30/04/16*£335£97£238£0£0£0n/a00
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 55.8 months
Net Current Assets/Spending: 8 months
Quick Ratio: 111.8
Asset Split ?
Established: 9 years

eqfoundation.org.uk

info@eqfoundation.org.uk

02074887110

Charity Commission for England and Wales
UN SDGs
?
What it does
The EQ Foundation aims to support highly effective charities, helping them to scale up their activities when appropriate. It also develop services for the philanthropic community, including GivingisGreat.org and Tythe.org
Listed activities
  • Disability
  • Education/Training
  • Environment/Conservation/Heritage
  • General Charitable Purposes
  • Overseas Aid/Famine Relief
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Organisations
  • Provides human resources
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 1 employee

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 08/04/2015, number: 1161209
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • 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
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
8 returns made; AR17: 58 days late, AR16: 111 days late,
Main office

CENTENNIUM HOUSE
100 LOWER THAMES STREET
LONDON
EC3R 6DL

Objectives

THE OBJECT OF THE FOUNDATION IS FOR THE PUBLIC BENEFIT TO SUPPORT AND PROMOTE SUCH PURPOSES AS ARE CHARITABLE UNDER THE LAW OF ENGLISH AND WALES.

Data Sources

Charity Commission for England and Wales
CharityBase

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