WALCOT EDUCATIONAL FOUNDATION
Charity number: 312800
Charity reporting is up to date
Activities - how the charity spends its money
Our area of benefit is coterminous with the London Borough of Lambeth (though we are an entirely independent foundation). We exist for the relief of poverty amongst Lambeth residents (mainly under 30 years of age) and we do this by promoting education (broadly defined). Our aim is to offer a 'hand up', not a 'hand out', and to 'tackle poverty by creating opportunity'.
Income and expenditure
Data for financial year ending 31 March 2020
Total income:
£2,765,824
| Donations and legacies | £54,802 | |
| Charitable activities | £60,000 | |
| Other trading activities | £0 | |
| Investments | £2,647,897 | |
| Other | £3,125 |
Total expenditure:
£2,974,258
| Raising funds | £668,036 | |
| Charitable activities | £2,306,222 | |
| Other | £0 |
-£1,019,004 investments gains (losses)
People
8 Employee(s)
1 Trustee(s)
Employee salaries over £60,000
| Number of employees | |
|---|---|
| £80k to £90k | 1 |
Fundraising
This charity raises funds from the public but does not work with professional fundraisers or commercial participators.
Trading
One or more trustees are also directors of the subsidiaries
Trustee payments
No trustees receive any remuneration, payments or benefits from the charity.