Finance Score: 3
Governance Score: 2
Support Score: 0
  • Liabilities <10%: +3
  • Pension deficit: -1
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: 5 ?

ASSOCIATION OF COMMONWEALTH UNIVERSITIES 

Working with our members and others to promote and contribute to the provision of excellent higher education for the benefit of all people throughout the Commonwealth and beyond. Administration and funding of student scholarships.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Spending has increased over the last 3 years relative to the previous period
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 15 trustees whereas the Charities Commission recommends a maximum of 12
  • Over half the Board have joined recently

Financial issues to consider:

  • There is a pension deficit of £369,000
  • On several occasions in recent years income has been less than spending
Established: 61 years

www.acu.ac.uk

info@acu.ac.uk

02073806700

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?

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
31/07/22£10,433£12,039£-1,606£0£33,807£8,1448.11300
31/07/21£9,869£10,921£-1,052£0£35,832£9,46310.41330
31/07/20£10,064£11,157£-1,093£0£31,880£8,8099.51270
31/07/19£11,738£11,508£230£0£33,277£9,4849.91320
31/07/18£9,451£10,035£-584£0£30,639£9,65711.51137
31/07/17£9,463£9,432£31£0£24,808£9,55812.21100
31/07/16£9,334£8,497£837£0£23,259£8,40411.91060
31/07/15£8,251£7,421£830£842£22,192£7,94212.8940
31/07/14£6,428£5,692£736£783£20,040£6,84614.4760
31/07/13£5,937£5,504£433£1,246£18,946£6,34013.8660
31/07/12£4,541£4,389£152£1,291£16,134£5,42014.8460
31/07/11£3,993£3,609£384£1,211£12,214£5,21917.4450
31/07/10£4,786£4,182£604£1,471£11,328£4,75513.6470
31/07/09£5,221£3,941£1,280£1,269£10,138£4,50113.7490
31/07/08£3,860£4,378£-518£1,269£9,827£4,58512.6500
31/07/07£5,452£6,335£-884£659£8,065£2,3924.5510
31/07/06*£5,099£5,621£-522£0£0£0n/a00
31/07/05£7,404£7,408£-4£0£0£0n/a00
31/07/04£5,496£7,236£-1,739£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 3%
Fundraising Costs/Total Spending: 2.4%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £140,000-£150,000
Liabilities/Assets: 7%
Liabilities/Income: 23%
Unrestricted Funds/Total Funds: 24%
Reserves/Spending: 8.1 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.7
Asset Split ?
Listed activities
  • Education/Training
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Camden,
Who it helps
  • Other Defined Groups
Who works here?
  • 130 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.

Specific Donations
Amount When
Months
To be used for
David & Elaine Potter Foundation - Establishment of Doctoral Commonwealth Scholarships in South Africa
£49,000 30/09/2014
To support a number of doctoral scholarships for African students to study at South African universities

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 05/03/1963, number: 314137
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; AR06: 305 days late,
Main office

WOBURN HOUSE
20-24 TAVISTOCK SQUARE
LONDON
WC1H 9HF

Objectives

TO PROMOTE THE INTERESTS AND WELL BEING OF THE UNIVERSITIES OF THE COMMONWEALTH.

Defined Area of Benefit:

THE COMMONWEALTH.

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

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great