Finance Score: 5

Governance Score: -3

Support Score: 8

Strong growth: +2
Fundraising costs low: +3

Only 4 Trustees: -1
Narrow trustee age band: -2

Overall weighted support: +8

Overall GiG Score: 10

CLEAN AIR FUND

Clean Air Fund brings together philanthropic resources to improve air quality globally. It co-ordinates a collective strategy for air pollution activity, provides grant funding to a multi-national portfolio of clean air programmes, grants funds to research and knowledge-building activities, and provides a means of knowledge sharing and networking between stakeholders.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There has been strong growth in spending since inception
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Why are there only 4 trustees?
The Board has little diversity in terms of age
Over half the Board have joined recently

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
31/12/23	£27,237	£21,394	£5,843	£259	£15,023	£8,556	4.8	48
31/12/22	£12,197	£14,867	£-2,671	£380	£9,225	£8,493	6.9	27
31/12/21	£12,966	£8,581	£4,385	£94	£10,821	£10,179	14.2	23
31/12/20	£8,455	£5,580	£2,875	£67	£6,898	£6,551	14.1	12
31/12/19	£12,034	£7,951	£4,083	£71	£4,083	£4,083	6.2	4

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Financial Ratios

Fundraising Costs/Relevant Income: 1%
Fundraising Costs/Total Spending: 1.2%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 45%
Liabilities/Income: 45%
Unrestricted Funds/Total Funds: 57%
Reserves/Spending: 4.8 months
Net Current Assets/Spending: 9 months
Quick Ratio: 2.2

Asset Split ?

Balance Sheet History

Established: 5 years

http://www.cleanairfund.org

info@cleanairfund.org

02080756200

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Environment/Conservation/Heritage
The Advancement Of Health Or Saving Of Lives

GiG Classification

Grant-making foundations

How it operates

Acts as an umbrella or resource body
Makes grants to organisations
Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Brazil, Bulgaria, China, France, Ghana, India, Northern Ireland, Poland, Scotland, Spain, Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
The General Public/Mankind

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
Esmee Fairbairn - Grant to CLEAN AIR FUND
£200,000	06/09/2023	Towards project costs catalysing and coordinating community-led action on air pollution in underserved neighbourhoods in Birmingham
Guy's and St Thomas' Charity - COVID Adolescent & Food
£62,000	09/04/2020	social research to inform understanding of the impact of COVID on the food habit
Guy's and St Thomas' Charity - Clean Air Pooled Fund
£2,000,000	19/03/2020	Clean Air Pooled Fund
Guy's and St Thomas' Charity - Evening Standard partner
£62,600	28/11/2019	Evening Standard promotion of improving life for Londoners with Clean Air Fund

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 49-61

GUNJAN SHAH Appointed: 2022, Occupation: Lawyer

KATHERINE LUCY GARRETT-COX (Chair) Appointed: 2019, Occupation: Company Director

MILENNA NIKOLOVA Appointed: 2024, Occupation: Venture Capital Investor

STELIOS KYRIAKAKIS Appointed: 2023, Occupation: Chief Operating Officer

Legal constitution

Charitable company registered in England & Wales on 03/06/2019, number: 1183697
Registered at Companies House on 15/01/2019, number: 11766712

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Campaigns and political activity policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

5 returns made; all on time

Main office

20 St Thomas Street
London Bridge
Southwark
London
SE1 9RS

Objectives

4.1 THE CHARITY'S OBJECTS ('OBJECTS') ARE:4.1.1 TO PROMOTE FOR THE PUBLIC BENEFIT THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE ENVIRONMENT BY THE REDUCTION AND LIMITATION OF AIR POLLUTION IN SUCH A WAY AS TO MITIGATE CLIMATE CHANGE AND PROMOTE SUSTAINABLE DEVELOPMENT, IN PARTICULAR BUT NOT EXCLUSIVELY BY MAKING GRANTS, PROVIDING INFORMATION, SHARING KNOWLEDGE, AND PROMOTING CHARITABLE RESEARCH (INCLUDING THE PUBLICATION OF THE USEFUL RESULTS OF SUCH RESEARCH);4.1.2 TO ADVANCE PUBLIC HEALTH BY PROMOTING THE REDUCTION AND LIMITATION OF AIR POLLUTION, IN PARTICULAR BUT NOT EXCLUSIVELY BY MAKING GRANTS, PROVIDING INFORMATION, SHARING KNOWLEDGE, AND PROMOTING CHARITABLE RESEARCH (INCLUDING THE PUBLICATION OF THE USEFUL RESULTS OF SUCH RESEARCH).4.2 'SUSTAINABLE DEVELOPMENT' MEANS DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.

Data Sources

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