Finance Score: 0

Governance Score: 9

Support Score: 0

Strong growth: +2
Multiple Deficits: -2
No PartB

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 9

ABRDN FINANCIAL FAIRNESS TRUST

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

On several occasions in recent years income has been less than spending

Financial Data

Income & Spending ?

Period ending	31/12/17	31/12/18	31/12/19	31/12/20	31/12/21	31/12/22
Charitable activities
Donations & Legacies			£75,147	£92,968	£157,282
Other Income
Investment Income			£608,428	£2,086,453	£2,435,843	£2,448,507
Total income	£81,357,357	£99,535	£683,575	£2,179,421	£2,593,125	£2,617,090
Charitable activities spending			£835,355	£1,413,350	£1,687,388	£2,067,261
Fundraising costs	1%		425%	255%	174%	180%
Other spending
Total spending	£619,881	£736,023	£1,154,893	£1,650,074	£1,960,705	£2,370,344
Surplus/deficit	£80,737,476	-£636,488	-£471,318	£529,347	£632,420	£246,746

Download accounts

Established: 15 years

www.financialfairness.org.uk

Listed activities

It makes grants, donations or gifts to organisations
It carries out activities or services itself

GiG Classification

Poverty relief

Purposes

The prevention or relief of poverty
The advancement of education
The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage

Where it operates

UK and overseas, main operating location: City of Edinburgh

Who it helps

No specific group, or for the benefit of the community

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Directors (11)

Current Directors appointed

Gender Split

Age Range of Directors: 38-76

BELL, Kate
Appointed: 2022
Occupation: Company Director

DAUNT, James Achilles
Appointed: 2016
Occupation: Book Seller

EISENSTADT, Naomi Helen
Appointed: 2016
Occupation: Director

HALL, David John
Appointed: 2016
Occupation: Company Director

LORETTO, Wendy Anne, Dr
Appointed: 2017
Occupation: Professor

MARRA, Jenny
Appointed: 2022
Occupation: Company Director

MCEWAN, Graeme Rutherford
Appointed: 2010
Occupation: Group Communications Director

MOODY, Sarah
Appointed: 2023
Occupation: Company Director

NORGROVE, David Ronald, Sir
Appointed: 2023
Occupation: Company Director

STIRLING, Euan Andrew
Appointed: 2018
Occupation: Investment Director

UPTON, Matthew
Appointed: 2022
Occupation: Company Director

Legal constitution

Charity registered in Scotland on 29/09/2009, number: SC040877
Registered at Companies House on 15/05/2009, number: SC359717

Filing Record

5 returns made; all on time

Main office

1 George Street, EH2 2LL

Objectives

The Objects of the company are specifically restricted to furthering the following purposes within the area of benefit: 4.1.1 the prevention or relief of poverty. 4.1.2 the advancement of education. and 4.1.3 the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage. and in particular (but without restricting the company's power to take other steps in furtherance of the above aims) to provide financial resources to support research for the public benefit into and activities concerning: (a) the challenges experienced by people in need in accessing appropriate products and services from the financial services market (including those related to long term savings). (b) increasing awareness of financial matters among those in need. (c) opening up the long-term savings market to those in need who would not otherwise have had access to that market. and (d) changing long-term savings behaviours and trends among those in need for the public good.