Finance Score: 1

Governance Score: 0

Support Score: 6

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Grant maker support: +6

Overall GiG Score: 7

THE GREGGS FOUNDATION

This is a grant making charity, you can view its grants here

The Greggs Foundation aims to make a difference to the lives of people in need in Greggs local communities through its four main programmes:Breakfast Clubs - Helping disadvantaged pupils get a nutritious start to the day.North East Core Funding Hardship Fund - Supporting disadvantaged families in the North East.Local Community Projects Fund - Small grants throughout the UK.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

This charity uses a corporate trustee

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £22,753,532 available, equivalent to 66 months of spending and so may not be able to utilise additional funding

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
31/12/22	£4,522	£4,123	£400	£22	£24,551	£22,754	66.2	9
31/12/21	£3,312	£4,025	£-713	£15	£29,024	£27,529	82.1	8
31/12/20	£3,889	£3,631	£258	£7	£23,371	£21,679	71.7	7
31/12/19	£3,621	£3,669	£-48	£14	£24,356	£23,256	76.1	7
31/12/18	£3,971	£3,432	£539	£47	£19,175	£17,963	62.8	7
31/12/17	£3,456	£3,612	£-156	£14	£20,225	£19,292	64.1	8
31/12/16	£3,003	£3,091	£-88	£14	£17,696	£16,942	65.8	7
31/12/15	£2,574	£2,060	£514	£7	£17,661	£16,756	97.6	4
31/12/14	£1,999	£1,514	£485	£4	£14,406	£13,772	109.1	5
31/12/13	£1,834	£1,548	£286	£10	£11,194	£10,790	83.6	4
31/12/12	£1,700	£1,628	£71	£11	£10,678	£10,308	76	5
31/12/11	£1,527	£1,714	£-187	£18	£10,654	£10,405	72.9	3
31/12/10	£1,464	£1,478	£-14	£25	£10,420	£219	1.8	4
31/12/09	£1,389	£1,703	£-314	£14	£9,750	£9,603	67.7	1
31/12/08	£1,065	£1,104	£-39	£22	£7,925	£7,867	85.5	1
31/12/07	£1,013	£1,094	£-81	£8	£11,131	£11,035	121	1
31/12/06	£979	£1,048	£-70	£0	£0	£0	n/a	0
31/12/05	£915	£1,018	£-103	£0	£0	£0	n/a	0
31/12/04	£903	£831	£72	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.5%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 3%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 93%
Reserves/Spending: 66.2 months
Net Current Assets/Spending: 9 months
Quick Ratio: 6.5

Asset Split ?

Established: 37 years

www.greggsfoundation.org.uk

info@greggsfoundation.org.uk

01912127626

Charity Commission for England and Wales

Listed activities

Environment/Conservation/Heritage
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

9 employees

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

DCMS	£1,000,000
Community Foundation Tyne & Wear & Nthmbrlnd	£94,024
Community Foundation serving Tyne & Wear and Northumberland	£19,000
New Philanthropy Capital (NPC)	£15,650

Specific Donations

Amount	When Months	To be used for
New Philanthropy Capital (NPC) - Open Philanthropy Fund B
£15,650	04/04/2023	Restricted funding to distribute cash grants to individuals
Community Foundation serving Tyne & Wear and Northumberland - A grant to Greggs Foundation
£7,000	17/02/2022	Hardship grants in Tyne & Wear and Northumberland
Community Foundation serving Tyne & Wear and Northumberland - A grant to Greggs Foundation
£5,000	22/04/2021	Continuing to support families and individuals in extreme financial hardship
Community Foundation Tyne & Wear & Nthmbrlnd - Hardship grants in response to the COVID-19 pandemic in Tyne & Wear and Northumberland
£7,000	22/10/2020	Hardship grants in response to the COVID-19 pandemic in Tyne & Wear and Northumberland
Community Foundation Tyne & Wear & Nthmbrlnd - hardship grants in response to the COVID-19 pandemic in Tyne & Wear and Northumberland
£7,000	22/10/2020	hardship grants in response to the COVID-19 pandemic in Tyne & Wear and Northumberland
Community Foundation Tyne & Wear & Nthmbrlnd - The purchase and distribution of white goods to families in hardship as a result of COVID-19 in Tyne & Wear and Northumberland
£40,000	06/10/2020	The purchase and distribution of white goods to families in hardship as a result of COVID-19 in Tyne & Wear and Northumberland
Community Foundation Tyne & Wear & Nthmbrlnd - the purchase and distribution of white goods to families in hardship as a result of COVID-19 in Tyne & Wear and Northumberland
£40,024	06/10/2020	the purchase and distribution of white goods to families in hardship as a result of COVID-19 in Tyne & Wear and Northumberland
DCMS - CMC - Greggs Foundation
£1,000,000	28/09/2020	This project has been funded as part of the Community Match Challenge, which aims to provide a match fund grant to philanthropists, foundations and grant making organisations for onward distribution ....more This project has been funded as part of the Community Match Challenge, which aims to provide a match fund grant to philanthropists, foundations and grant making organisations for onward distribution to voluntary and community organisations to respond to the needs of the most vulnerable and marginalised people affected by the COVID-19 crisis.
Community Foundation serving Tyne & Wear and Northumberland - Hardship grants.
£7,000	17/07/2019	Hardship grants.
Community Foundation serving Tyne & Wear and Northumberland - Hardship grants
£7,000	25/04/2018	Hardship grants

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (1)

The Greggs Foundation Trustee

Legal constitution

Charity registered in England & Wales on 16/04/1987, number: 296590

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; all on time

Main office

Greggs
Q9
Quorum Business Park
Benton Lane
NEWCASTLE UPON TYNE
NE12 8BU

Objectives

TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AND IN SUCH PROPORTIONS IN SUCH MANNER AND SUBJECT TO SUCH TERMS AND CONDITIONS AS THE TRUSTEES MAY IN THEIR UNCONTROLLED DISCRETION DETERMINE HAVING REGARD TO ANY DIRECTIONS GIVEN OR WISHES EXPRESSED BY THE SETTLOR TO THE TRUSTEES.

Defined Area of Benefit:

NOT DEFINED

Data Sources