Finance Score: -5

Governance Score: -3

Support Score: 10

Multiple Deficits and declines: -5
No PartB

Static board: -3

Large volunteers +5
Grant maker support: +5

Overall GiG Score: 2

GENERATION EXCHANGE

Objectives are to advance the education of children for the public benefit by utilising the commitment and life experience of older people as volunteer members of the community.

Analysis by Giving is Great

Positives:

This charity has been very successful in attracting volunteers relative to its size
A significant proportion of recent income was derived from major grant makers

Regulatory & Governance issues to consider:

The Board composition appears to be rather 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
Income has been volatile and on several occasions in recent years less than spending

Established: 8 years

GenerationExchange.org.uk

GenerationExchange1@gmail.com

07484182087

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
31/03/23	£28	£33	£-4	n/a	n/a	n/a	n/a	n/a	85
31/03/22	£4	£31	£-27	n/a	n/a	n/a	n/a	n/a	85
31/03/21	£57	£39	£17	n/a	n/a	n/a	n/a	n/a	85
31/03/20?	£5	£17	£-12	n/a	n/a	n/a	n/a	n/a	88
31/08/19	£36	£31	£5	n/a	n/a	n/a	n/a	n/a	80
31/08/18	£41	£23	£18	£0	£0	£0	n/a	0	0
31/08/17	£22	£9	£14	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Listed activities

Economic/Community Development/Employment
Education/Training

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Barnet, Camden, Enfield, Hackney, Haringey, Islington,

Who it helps

Children/Young People
Elderly/Old People

Who works here?

Unknown number of employees
85 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

Tudor Trust	£37,000
The Charity of Sir Richard Whittington	£14,116
National Lottery Community Fund	£8,852
City Bridge Trust	£5,680

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - IT Exchange - The Virtual Edition
£3,852	26/11/2021	The funding will be used to deliver a virtual IT Exchange project whereby young volunteers teach vital digital skills online to older people aged 60+ from the BAME community. The project aims to ....more The funding will be used to deliver a virtual IT Exchange project whereby young volunteers teach vital digital skills online to older people aged 60+ from the BAME community. The project aims to improve digital skills confidence well-being and a reduction in isolation helping to build strong relationships in and across communities.
The Charity of Sir Richard Whittington - Covid-19 Rapid Response Fund Grant
£5,000	26/02/2021 6	To roll out the organisation's intergenerational digital inclusion model to another school, based on demand.
Tudor Trust - Grant to Generation Exchange
£2,000	03/02/2021	as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
Tudor Trust - Grant to Generation Exchange
£35,000	05/12/2020 24	as continuation funding over two years towards core salaries and associated costs for a charity working with disadvantaged children, young people and older people in Haringey, North London
The Charity of Sir Richard Whittington - Covid-19 London Community Response Grant - Wave 3
£9,116	13/08/2020 6	The funding will cover all project costs to recruit and train 30 Year 12 volunteers from 2 Haringey and Enfield Secondary schools to befriend and mentor 30 older people (aged 60+) so they can ....more The funding will cover all project costs to recruit and train 30 Year 12 volunteers from 2 Haringey and Enfield Secondary schools to befriend and mentor 30 older people (aged 60+) so they can learn/develop their online digital skills. The older people will be taught in weekly virtual online sessions.
City Bridge Trust - Grant to Generation Exchange
£5,680	01/06/2020	A grant of £5,680 to fund the essential and urgent costs outlined in the appliciation, so that the organisation can carry on providing support to Londoners.
National Lottery Community Fund - IT Exchange
£5,000	11/07/2019 12	The project, which aims to reduce isolation, poor health and loneliness, will use the funding to deliver IT training.
Tudor Trust - Grant to Generation Exchange
£50,000	15/03/2018 24	over two years towards core costs for a charity working with disadvantaged children, young people and older people in Haringey, North London

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)

Current Trustees appointed

KAREN NEILL GREENWOOD Appointed: 2016

MAURA PATRICIA PEARSON Appointed: 2016

PIEDADE D'SILVA Appointed: 2018

Legal constitution

Charity registered in England & Wales on 19/10/2016, number: 1169765

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment 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
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

7 returns made; all on time

Main office

MUSWELL HILL CENTRE
HILLFIELD PARK
MUSWELL HILL
LONDON
N10 3QJ

Objectives

TO ADVANCE THE EDUCATION OF CHILDREN FOR THE PUBLIC BENEFIT BY UTILISING THE COMMITMENT AND LIFE EXPERIENCE OF OLDER PEOPLE AS VOLUNTEER MEMBERS OF THE COMMUNITY;TO ADVANCE THE EDUCATION OF OLDER PEOPLE FOR THE PUBLIC BENEFIT BY UTILISING THE COMMITMENT AND PRACTICAL EXPERIENCE OF CHILDREN AND YOUNG PEOPLE, IN PARTICULAR IN RELATION TO TECHNOLOGY AND DIGITAL SKILLS.

Data Sources