EMPOWER - THE EMERGING MARKETS FOUNDATION LIMITED

Charity number: 1118916
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The objectives of the charity are to promote education and good health and to relieve poverty among children, young people, women and the disadvantaged in emerging and developing countries. The charity carries out its objectives by raising funds and distributing them to local, community-based organisations seeking to empower youth, especially girls and young women.

Income and expenditure

Data for financial year ending 30 June 2024

Total income:
£2,656,282

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Donations and legacies £1.95m
Charitable activities £673.43k
Other trading activities £0
Investments £34.81k
Other £0

Total expenditure:
£3,163,035

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Raising funds £181.10k
Charitable activities £2.98m
Other £0

£0 investments gains (losses)

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.

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Raising funds and other expenditure £181.10k
Charitable expenditure £2.98m

People

6 Employee(s)

16 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£130k to £140k 2

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

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

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
How the charity helps:
  • Makes Grants To Organisations
  • Provides Services
Where the charity operates:
  • Argentina
  • Brazil
  • China
  • Colombia
  • Ghana
  • India
  • Indonesia
  • Mexico
  • Nigeria
  • Peru
  • Philippines
  • Russia
  • South Africa
  • Turkey
  • Vietnam

Governance

Registration history:
  • 23 April 2007: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
05889426 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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 does not own and/or lease 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
Finbar Cooke Trustee 12 February 2025
None on record
Liliana Castillo Dearth Trustee 12 February 2025
None on record
Nicolette Naylor Trustee 25 November 2024
None on record
Linda Weisert Trustee 01 March 2024
None on record
Mary-Therese Barton Trustee 28 February 2023
None on record
Toby Joseph Alan West Trustee 15 June 2020
None on record
Swatee Deepak Trustee 24 February 2020
None on record
Jonathan Neva Bell Trustee 24 February 2020
None on record
CYNTHIA STEELE Trustee 01 July 2019
None on record
Susan Regina Dodge Trustee 18 February 2019
None on record
Pontso Mafethe Trustee 18 June 2014
MAKE EVERY WOMAN COUNT
Received: On time
THE BARING FOUNDATION
Received: On time
Marc Christopher Balston Trustee 17 June 2013
None on record
PARVOLETA SHTEREVA Trustee 30 July 2012
None on record
JEREMY LLEWELYN Trustee 08 August 2011
None on record
OZAN TARMAN Trustee 01 July 2006
None on record
Marcelo Assalin Trustee 04 July 1973
None on record

Financial history

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Financial period end date

Income / Expenditure 30/06/2020 30/06/2021 30/06/2022 30/06/2023 30/06/2024
Total gross income £3.92m £5.38m £5.38m £5.37m £2.66m
Total expenditure £4.25m £3.89m £6.59m £5.80m £3.16m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £1.73m £5.38m £3.42m £3.80m £1.95m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £2.19m £0 £1.96m £1.56m £673.43k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £751 £0 £199 £9.02k £34.81k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £5.38m £0 £0 £0
Expenditure - Charitable activities £3.92m £3.80m £6.43m £5.55m £2.98m
Expenditure - Raising funds £327.26k £87.30k £168.38k £248.68k £181.10k
Expenditure - Governance £1.80m £0 £1.17m £1.22m £633.01k
Expenditure - Grants institution £2.11m £2.17m £5.25m £3.13m £1.68m
Expenditure - Investment management £0 £0 £0 £0 £0
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 30/06/2020 30/06/2021 30/06/2022 30/06/2023 30/06/2024
Own use assets £7.88k £5.20k £4.92k £6.70k £6.16k
Long-term investments £0 £0 £0 £0 £0
Other assets £3.34m £4.81m £4.28m £3.17m £1.21m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.09m £1.29m £1.97m £1.28m £589.73k

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 30 June 2024 23 April 2025 On Time
Accounts and TAR 30 June 2024 23 April 2025 On Time Download Open in new window
Annual return 30 June 2023 12 June 2024 43 days late
Accounts and TAR 30 June 2023 12 June 2024 43 days late Download Open in new window
Annual return 30 June 2022 26 April 2023 On Time
Accounts and TAR 30 June 2022 16 May 2023 16 days late Download Open in new window
Annual return 30 June 2021 27 April 2022 On Time
Accounts and TAR 30 June 2021 27 April 2022 On Time Download Open in new window
Annual return 30 June 2020 28 April 2021 On Time
Accounts and TAR 30 June 2020 28 April 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.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 27 JULY 2006 AS AMENDED BY SPECIAL RESOLUTION DATED 19 MARCH 2007.

Charitable objects

TO PROMOTE EDUCATION, GOOD HEALTH AND TO RELIEVE POVERTY AMONG CHILDREN, YOUNG PEOPLE, WOMEN AND THE DISADVANTAGED IN EMERGING MARKETS AND OTHER DEVELOPING COUNTRIES.

Area of benefit

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

NOT DEFINED IN PRACTICE NATIONAL AND OVERSEAS

Contact information

Address:
PATERNOSTER HOUSE
65 ST. PAUL'S CHURCHYARD
LONDON
EC4M 8AB
Phone:
+1 212-608-4455
Email:
empoweruk@empowerweb.org
Website:

www.empowerweb.org Open in new window