Finance Score: -2

Governance Score: -2

Support Score: 9

Deficit latest year: -2
No PartB

No volunteer policy: -2

Large volunteers +3
Grant maker support: +6

Overall GiG Score: 5

OLIVE ACADEMIES FOUNDATION

We fundraise and work with partners, so OA Foundation can offer grants and advice for enrichment programmes, via OA academies, that inspire Olive academy pupils and their families. Programmes supported involve extended learning opportunities, not activities that form part of the formal curriculum.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from a grant maker recently

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy

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 was lower than spending in the latest year

Financial Data ?

Y/E		Income	Spending	Surplus/ Deficit	Volun- teers
31/08/22		£24,141	£28,698	£-4,557	6

Show financials table -->

Download accounts

Highest pay bracket: less than £60,000

Established: 3 years

https://oliveacademies.org.uk/foundation/

info.foundation@oliveacademies.org.uk

01708982624

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training

GiG Classification

Social youth organisations

How it operates

Makes Grants to Organisations
Provides advocacy/advice/information
Provides services

Where it operates

Cambridgeshire, Essex, Norfolk, Peterborough City, Rutland, Southend-on-sea, Suffolk, Throughout London, Thurrock,

Who it helps

Children/Young People

Who works here?

Unknown number of employees
6 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.

Specific Donations

Amount	When Months	To be used for
Impetus PEF -
£125,000	01/07/2022
HM Revenue & Customs - SME Brexit Support Fund
£2,000	11/08/2021	Funding provided for Professional Advice Grant
Impetus PEF -
£75,000	01/07/2021

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

EZRA KOFI BOAFO Appointed: 2022

GLYN JAMES CLARK (Chair) Appointed: 2021

KINGSLEY JAMES Appointed: 2021

MARK ANDREW VICKERS Appointed: 2021

Legal constitution

Charity registered in England & Wales on 20/08/2021, number: 1195587

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

1 returns made; all on time

Main office

TDC, OLIVE A P ACADEMY
INSKIP DRIVE
HORNCHURCH
RM11 3UR

Objectives

THE OBJECT OF THE CIO IS:TO ADVANCE IN LIFE, RELIEVE THE NEEDS OF AND HELP SOCIALLY AND ECONOMICALLY DISADVANTAGED CHILDREN AND YOUNG PEOPLE WHO ARE STUDENTS OF, OR ARE OTHERWISE SUPPORTED BY, THE OLIVE ACADEMIES TRUST, THROUGH THE PROVISION OF FUNDING, EQUIPMENT AND SUCH OTHER SUPPORT AS THE TRUSTEES SEE FIT, TO: (A) ADVANCE THEIR EDUCATION; (B) ENABLE THEM TO DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS; (C) PROVIDE RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE WITH A VIEW TO IMPROVING THEIR CONDITIONS OF LIFE.

Data Sources