Finance Score: -2
Governance Score: 6
Support Score: 3
  • Multiple Deficits: -2
  • No PartB
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +3
Overall GiG Score: 7 ?

THE KENT FOUNDATION 

The Foundation provides free business support and mentoring to Kent's young entrepreneurs. We recruit and train leaders from the business community to become volunteer mentors to support the next generation of business owners. The Foundation supports and showcases innovative young people to help them create and grow enterprises that positively contribute to the economic well being of the County.
Analysis by Giving is Great

Positives:

  • Spending has increased over the last 3 years relative to the previous period
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

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

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£75£91£-16n/an/an/an/an/a5
31/03/22£75£82£-6n/an/an/an/an/a87
31/03/21£54£78£-23n/an/an/an/an/a118
31/03/20£56£79£-22n/an/an/an/an/a106
31/03/19£74£66£8n/an/an/an/an/a119
31/03/18£85£75£10£0£0£0n/a00
31/03/17£106£116£-10£0£0£0n/a00
31/03/16£99£117£-18£0£0£0n/a00
31/03/15£75£97£-22£0£0£0n/a00
31/03/14£142£179£-36£0£0£0n/a00
31/03/13£121£180£-59£0£0£0n/a00
31/03/12£100£180£-80£0£0£0n/a00
31/03/11£135£188£-53£0£0£0n/a00
31/03/10£119£176£-57£0£0£0n/a00
31/03/09£118£132£-14£0£0£0n/a00
31/03/08£57£33£24£0£0£0n/a00
31/03/07£63£75£-12£0£0£0n/a00
31/03/06*£171£68£103£0£0£0n/a00
31/03/05*£74£61£13£0£0£0n/a00
31/03/04*£51£29£22£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 39 years

www.kentfoundation.org

hello@kentfoundation.org

03000 421163

Charity Commission for England and WalesFacebookX
UN SDGs
?
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
GiG Classification
  • Technical, vocational and continuing education
How it operates
  • Provides advocacy/advice/information
  • Provides human resources
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Kent, Medway,
Who it helps
  • Children/Young People
  • The General Public/Mankind
Who works here?
  • Unknown number of employees
  • 5 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
Henry Smith Charity - Grant to Kent Foundation
£20,000 07/12/2021
24
towards two years' running costs of an organisation providing support for young people to start and grow new enterprises in East Kent.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 15/04/1985, number: 291559
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • 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
  • 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
  • Volunteer management
Filing Record
20 returns made; AR06: 1 days late, AR05: 19 days late, AR04: 41 days late,
Main office

The Kent Foundation
Room B45 - Sessions House
County Road
MAIDSTONE
ME14 1XQ

Objectives

(I) THE ADVANCEMENT OF EDUCATION OF YOUNG PEOPLE WITHIN KENT BY THE PROVISION ENCOURAGEMENT AND PROMOTION OF EDUCATION INSTRUCTION OR TRAINING IN PROFESSIONS, VOCATIONS INDUSTRIES AND/OR CRAFTS AND TRADE AND/OR THE SKILLS NEEDED IN EMPLOYMENT. (II) THE RELIEF OF POVERTY OF YOUNG PEOPLE WITHIN KENT THROUGH THE PROVISION OF ASSISTANCE (INCLUDING FINANCIAL ASSISTANCE AND ENCOURAGEMENT WHILST THEIR EDUCATION IS BEING ADVANCE AS AFORESAID OR WHILS THEY ARE IN THE PROCESS OF ESTABLISHING NEW BUSINESS OR PREPARING FOR ENTERING UPON OR ENGAGED IN ANY PROFESSION TRADE OR CRAFT OR SERVICE.

Defined Area of Benefit:

KENT

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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