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Finance Score: 3
Governance Score: 6
Support Score: 4
  • Multiple Deficits: -2
  • Future income +5
  • No PartB
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +4
Overall GiG Score: 13 ?

WM FUNDERS NETWORK

To promote efficiency and effectiveness in the charitable activities of voluntary organisations and grant making charities working in the West Midlands and the effective use of charitable resources for the public benefit in particular but not exclusively by promoting and developing good practice in the making of charitable grants by exchanging information, knowledge, expertise and experience.
Analysis by Giving is Great

Positives:

  • A significant proportion of recent income was derived from major grant makers and there are significant future grants due to be received
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity only provides its support via other charities

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
  • A PartB annual return has not been required and so detailed financial information is not available from the online data

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
31/03/23£18£18£0n/an/an/an/an/an/a
31/03/22£20£20£-1n/an/an/an/an/an/a
31/03/21£15£22£-7n/an/an/an/an/an/a
31/03/20£12£15£-4n/an/an/an/an/an/a
31/03/19£18£14£4n/an/an/an/an/an/a
31/03/18£22£9£12n/an/an/an/an/an/a
Show more rows -->

Download accounts
Highest pay bracket: less than £60,000
Established: 7 years

http://www.wmfn.org.uk/

info@wmfn.org.uk

07980 555576

Charity Commission for England and WalesX
Listed activities
  • General Charitable Purposes
GiG Classification
  • Grant-making foundations
How it operates
  • Acts as an umbrella or resource body
Where it operates
  • Throughout England,
Who it helps
  • Other Charities Or Voluntary Bodies

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
Barrow Cadbury Trust - Embedding good practice in funding approaches in the WM
£15,600 28/03/2024
36
To enable WMFN to continue developing, delivering and embedding good practice in funding approaches in the WM
Heart Of England Community Foundation - WMFN Comms & Marketing development
£2,000 15/09/2021
To appoint a Communications/Marketing Consultant.
Barrow Cadbury Trust - WMFN Core grant
£15,000 19/03/2021
36
To enable WMFN to continue developing and delivering support to funders
Barrow Cadbury Trust - WMFN's strategic role and impact
£15,000 05/09/2018
31
To support the continued development of WMFN
Barrow Cadbury Trust - Charitable Trusts West Midlands Development 2015-18
£15,000 31/03/2015
36
To enable the further development and running of CTWM

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split

  • DEBBIE PIPPARD Appointed: 2017
  • MELINDA CONNELLY Appointed: 2017
  • PAULINE ROCHE Appointed: 2017
  • PETER CUNNISON Appointed: 2022
  • PETER HARDISTY Appointed: 2019
  • STEVEN SIMPSON (Chair) Appointed: 2021
  • STUART ASHMORE Appointed: 2021
  • TINA COSTELLO Appointed: 2020
  • WESLEY LOVETT Appointed: 2023
Legal constitution
  • Charity registered in England & Wales on 27/06/2017, number: 1173579
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • 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
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
6 returns made; all on time
Main office

C/o
109 Court Oak Road
BIRMINGHAM
B17 9AA

Objectives

THE OBJECT OF THE CIO IS TO PROMOTE EFFICIENCY AND EFFECTIVENESS IN THE CHARITABLE ACTIVITIES OFVOLUNTARY AND NOT-FOR-PROFIT ORGANISATIONS AND GRANT MAKING CHARITIES WORKING IN THE WESTMIDLANDS AND ITS ENVIRONS (“THE AREA OF BENEFIT”) AND THE EFFECTIVE USE OF CHARITABLERESOURCES FOR THE PUBLIC BENEFIT IN PARTICULAR BUT NOT EXCLUSIVELY BY PROMOTING AND DEVELOPINGGOOD PRACTICE IN THE MAKING OF CHARITABLE GRANTS BY EXCHANGING INFORMATION, KNOWLEDGE,EXPERTISE AND EXPERIENCE.

Data Sources

Charity Commission for England and Wales
360 Giving

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