Finance Score: -1

Governance Score: 6

Support Score: 7

Liabilities <10%: +3
Excess reserves: -5
Multiple Deficits: -2
Fundraising costs low: +3

Good trustee age range: +3
Gender balanced board: +3

Grant maker support: +7

Overall GiG Score: 12

ROYAL NATIONAL CHILDREN'S SPRINGBOARD FOUNDATION

Awarding Grants

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £28,896,914 available, equivalent to 119 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

Established: 8 years

www.royalspringboard.org.uk

admin@royalspringboard.org.uk

01932 868622

Charity Commission for England and Wales

Tweets

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
31/07/22	£2,435	£2,904	£-468	£42	£28,924	£28,897	119.4	12	20
31/07/21	£2,418	£2,922	£-504	£60	£29,918	£29,870	122.7	12	22
31/07/20	£2,186	£2,865	£-679	£31	£24,565	£24,386	102.2	10	0
31/07/19	£2,460	£2,993	£-533	£37	£24,910	£24,875	99.7	8	1
31/07/18	£2,263	£4,026	£-1,763	£4	£24,602	£24,602	73.3	7	1
31/07/17	£1,726	£2,569	£-843	£39	£24,953	£24,950	116.6	8	0

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Financial Ratios

Fundraising Costs/Relevant Income: 6.5%
Fundraising Costs/Total Spending: 4.8%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 1%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 119.4 months
Net Current Assets/Spending: 9 months
Quick Ratio: 10.4

Asset Split ?

Listed activities

Education/Training

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People

Who works here?

12 employees
20 volunteers

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

Garfield Weston Foundation	£300,000
Mercer's Charitable Foundation	£300,000
Dulverton Trust	£30,000

Specific Donations

Amount	When Months	To be used for
Dulverton Trust - Broadening Educational Pathways Challenge Fund
£30,000	09/06/2021	Broadening Educational Pathways Challenge Fund
Mercer's Charitable Foundation - Grant to Royal National Children's SpringBoard Foundation
£300,000	04/03/2021 36	To support 20 highly disadvantaged young people with placements in boarding schools
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£300,000	22/05/2019	Growth Programme
Wolfson Foundation - Grant to Royal National Children's Springboard Foundation
£300,000	04/12/2017	Enhanced bursary programme (over 3 years)

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Age Range of Trustees: 32-65

NICOLA SUZANNE KANE Appointed: 2020, Occupation: Director

NIKETA SANDERSON-GILLARD Appointed: 2021, Occupation: Civil Servant

ANNE PATRICIA SPACKMAN Appointed: 2020, Occupation: Director

CLIVE PAUL MARSHALL Appointed: 2016, Occupation: Chief Executive

COLIN IAN BRERETON Appointed: 2019, Occupation: Company Director, Other trusteeships: THE TOVEY ENDOWMENT, ROYAL WANSTEAD SCHOOL,

JANE TERESA LUNNON BA HONS Appointed: 2020, Other trusteeships: BRIDEWELL ROYAL HOSPITAL, SOUTHWARK COMMUNITY EDUCATION CHARITY ("SCEC"),

NICHOLAS OWEN CBE (Chair) Appointed: 2022, Other trusteeships: THE TOVEY ENDOWMENT, ROYAL WANSTEAD SCHOOL,

PATRICK SMULDERS Appointed: 2017, Occupation: Company Director, Other trusteeship: ROYAL WANSTEAD SCHOOL,

RICHARD WAYNE LEWIS Appointed: 2017, Occupation: Company Director, Other trusteeships: ROYAL WANSTEAD SCHOOL, BLACK HEART FOUNDATION (UK) LIMITED, BLACK EQUITY ORGANISATION (BEO), THE EARTHSHOT PRIZE,

WILLIAM MICHAEL JEFFREYS DE WINTON Appointed: 2017, Other trusteeship: ROYAL WANSTEAD SCHOOL,

EMILY MEEYOUNG SUN Appointed: 2019, Occupation: Consultant, Other trusteeships: ROYAL WANSTEAD SCHOOL, DFN PROJECT SEARCH,

TIMOTHY BUNTING Appointed: 2017, Occupation: Company Director, Other trusteeship: THE TOVEY ENDOWMENT,

Legal constitution

Charitable company registered in England & Wales on 06/06/2016, number: 1167491
Registered at Companies House on 13/05/2016, number: 10180187

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

6 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE SPRINGBOARD BURSARY FOUNDATION on 21/10/2021

Main office

c/o McCarthy Denning
70 Mark Lane
London
EC3R 7NQ

Objectives

THE OBJECTS OF THE FOUNDATION ARE, FOR THE BENEFIT OF THE PUBLIC:(A) THE ADVANCEMENT OF EDUCATION BY ASSISTING IN THE SCHOOLING OR TRAINING OF, OR BY PROVIDING STRUCTURED VACATIONS FOR, CHILDREN AND YOUNG PEOPLE (B) THE PROMOTION OF PERSONAL SECURITY, DEVELOPMENT, ADVANCEMENT IN LIFE, ACCESS TO EDUCATION AND SOCIAL INCLUSION OF CHILDREN AND YOUNG PEOPLE WHO ARE IN NEED BECAUSE OF TWO OR MORE OF THE FOLLOWING: (I) FINANCIAL HARDSHIP; (II) FAMILY CIRCUMSTANCES, INCLUDING (BUT NOT LIMITED TO) THE DEATH OR ABSENCE OF A PARENT, PHYSICAL OR MENTAL DISABILITY OR ILLNESS OF EITHER THEMSELVES OR A PARENT, OR THE DIVORCE OR SEPARATION OF THEIR PARENTS; OR (III) SOCIAL OR ECONOMIC DISADVANTAGE; AND (C) THE ASSISTANCE AND PROMOTION OF SOCIAL INCLUSION OF THOSE WHO FINANCIALLY OR PSYCHOLOGICALLY SUPPORT SUCH CHILDREN AND YOUNG PEOPLE OR WHO FORM PART OF THE COMMUNITY OF WHICH SUCH CHILDREN AND YOUNG PEOPLE ARE MEMBERS BY, IN PARTICULAR (BUT WITHOUT ANY LIMITATION TO), PROVIDING MEANS-TESTED BURSARIES AND OTHER FORMS OF FINANCIAL ASSISTANCE, ADVICE AND SUPPORT TO ENABLE THE EDUCATION OF CHILDREN AND YOUNG PEOPLE AT STATE AND INDEPENDENT, DAY AND BOARDING SCHOOLS AND THE ONGOING DEVELOPMENT OF SUCH CHILDREN AND YOUNG PEOPLE INTO EARLY ADULT LIFE.

Data Sources