THOMAS CORAM FOUNDATION FOR CHILDREN (FORMERLY FOUNDLING HOSPITAL)

Charity number: 312278
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Through services in adoption, supported housing, parents centre, family support and education, Coram works with vulnerable children, young people and their families, transforming their lives through practical help and support. We aim to build self-esteem and well-being, preparing children and young people for a fulfilling adult life.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£25,585,000

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Donations and legacies £2.64m
Charitable activities £17.72m
Other trading activities £4.26m
Investments £278.00k
Other £689.00k

Total expenditure:
£25,053,000

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Raising funds £4.87m
Charitable activities £20.18m
Other £0

£826,000 investments gains (losses)

Total income includes £5,727,497 from 58 government contract(s) and £1,195,142 from 3 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £4.87m
Charitable expenditure £20.18m
Retained for future use £532.00k

People

484 Employee(s)

16 Trustee(s)

2309 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 9
£70k to £80k 3
£80k to £90k 3
£110k to £120k 1
£120k to £130k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Arts/culture/heritage/science
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 20 October 1966: Standard registration
  • 20 August 2019: Funds received from 1121389 THE PYRUS TRUST
  • 29 December 2021: Funds received from 1159830 CORAM CAMBRIDGESHIRE ADOPTION LIMITED
  • 16 February 2024: Funds received from 1014220 WHITTINGTON CHARITABLE TRUST
Organisation type:
Other
Other names:
  • CORAM (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • 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
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

16 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Sir Ivor Crewe Chair 11 September 2024
None on record
Anthony Edward Timpson CBE KC Trustee 26 March 2025
CARE FOR CHILDREN
Received: On time
UPPINGHAM SCHOOL
Received: On time
Simon Greenhalgh Trustee 11 September 2024
None on record
Gita Singham-Willis Trustee 26 June 2024
None on record
James Hadley Trustee 29 November 2023
CORAM LIFE EDUCATION
Received: On time
Barbara Hudson Trustee 01 July 2023
Coram Intercountry Adoption Centre
Received: On time
Hanif Barma Trustee 22 June 2022
Coram Beanstalk
Received: On time
Andrew Carter Trustee 23 June 2021
None on record
Kerry Smith Trustee 24 June 2020
CORAM VOICE (FORMERLY VOICE FOR THE CHILD IN CARE)
Received: On time
James Dray Trustee 01 April 2020
Coram Shakespeare Schools Foundation
Received: On time
Jill Pay Trustee 29 November 2018
Coram Shakespeare Schools Foundation
Received: On time
Her Honour Judge Celia Dawson Trustee 21 June 2017
CORAM CHILDREN'S LEGAL CENTRE LIMITED
Received: On time
Jenny Coles CBE Trustee 21 November 2016
CORAM VOICE (FORMERLY VOICE FOR THE CHILD IN CARE)
Received: On time
CHUMS CHARITY
Received: On time
FOUNDATIONS - WHAT WORKS CENTRE FOR CHILDREN AND FAMILIES
Received: On time
Dr Judith Trowell FRCPsych Trustee 17 January 2014
THE ASSOCIATION FOR PSYCHODYNAMIC PRACTICE AND COUNSELLING IN ORGANISATIONAL SETTINGS
Received: On time
CORAM FAMILY AND CHILDCARE LTD
Received: On time
THE DAKHLEH TRUST
Charity reporting is overdue by 222 days
Geoff Berridge Trustee 17 January 2014
THE COMPANY OF MANAGEMENT CONSULTANTS CHARITABLE FUND
Received: On time
PAUL CURRAN Trustee
CORAM FAMILY AND CHILDCARE LTD
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £20.43m £20.87m £21.24m £21.78m £25.59m
Total expenditure £20.82m £20.05m £20.72m £21.69m £25.05m
Income from government contracts £3.82m £5.26m £5.85m £4.98m £5.73m
Income from government grants £1.13m £898.07k £1.53m £743.75k £1.20m
Income - Donations and legacies £2.98m £2.27m £2.95m £3.03m £2.64m
Income - Other trading activities £2.58m £2.41m £3.25m £3.45m £4.26m
Income - Charitable activities £13.75m £15.30m £14.54m £14.55m £17.72m
Income - Endowments £35.00k £0 £0 £0 £0
Income - Investment £239.83k £171.61k £115.06k £185.02k £278.00k
Income - Other £874.95k £716.60k £389.21k £568.21k £689.00k
Income - Legacies £123.45k £204.96k £308.53k £291.21k £482.00k
Expenditure - Charitable activities £17.10m £16.74m £16.74m £17.57m £20.18m
Expenditure - Raising funds £3.72m £3.31m £3.98m £4.12m £4.87m
Expenditure - Governance £123.48k £148.38k £121.19k £124.03k £109.00k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £26.30k £42.19k £44.91k £42.09k £44.00k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £15.79m £15.38m £14.99m £14.71m £15.19m
Long-term investments £12.10m £12.74m £13.73m £12.85m £17.01m
Other assets £7.89m £10.34m £12.26m £10.09m £15.69m
Defined benefit pension scheme asset or liability -£1.64m -£65.00k £0 £0 £0
Total liabilities £6.79m £8.32m £9.49m £6.81m £16.38m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 30 January 2025 On Time
Accounts and TAR 31 March 2024 30 January 2025 On Time Download Open in new window
Annual return 31 March 2023 31 January 2024 On Time
Accounts and TAR 31 March 2023 31 January 2024 On Time Download Open in new window
Annual return 31 March 2022 31 January 2023 On Time
Accounts and TAR 31 March 2022 31 January 2023 On Time Download Open in new window
Annual return 31 March 2021 28 January 2022 On Time
Accounts and TAR 31 March 2021 28 January 2022 On Time Download Open in new window
Annual return 31 March 2020 31 January 2021 On Time
Accounts and TAR 31 March 2020 31 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

ROYAL CHARTER DATED 17TH OCTOBER 1739 AND ACTS OF PARLIAMENT OF 1740, 1885 AND 1936.

Charitable objects

(A) THE PROVISION MAINTENANCE AND CONDUCT OF DAY NURSERIES NURSERY SCHOOLS OPEN SPACES AND OTHER ESTABLISHMENTS AND FACILITIES FOR OR IN CONNECTION WITH THE EDUCATION AND WELFARE OF CHILDREN IN NEED THEREOF (B) ANY OBJECTS INCIDENT OR CONTRIBUTORY TO THE WELFARE OF A CHILD OR THE MAINTENANCE OF ITS MOTHER DURING SUCH PERIOD PRIOR TO AND AFTER THE BIRTH OF THE CHILD AS THE CORPORATION MAY CONSIDER EXPEDIENT IF THE MOTHER HAS NO SUFFICIENT MEANS OF MAINTAINING HERSELF AND HER CHILD OR NO SUFFICIENT MEANS OF ENSURING THE WELFARE OF THE CHILD.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
Coram Campus
41 Brunswick Square
London
WC1N 1AZ
Phone:
02075200300
Email:
caitlin.kennedy@coram.org.uk
Website:

www.coram.org.uk Open in new window