FAIR CHANCE FOUNDATION

Charity number: 1171316
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Fair Chance Foundation aims to advance the education of children and young adults. Primarily focused on fundamental research to help young adults into tertiary education and vocation. We also provide direct help to a select set of children and young adults, whom we have built long term pastoral care relationships with through various charitable projects.

Income and expenditure

Data for financial year ending 31 December 2023

Total income: £127,499
Total expenditure: £131,706

People

3 Trustee(s)

Employees with total benefits over £60,000

No information available

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
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England
  • Costa Rica
  • India

Governance

Registration history:
  • 25 January 2017: CIO registration
Organisation type:
CIO
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
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

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
SUMIR KARAYI Chair 10 January 2017
None on record
CORRIE KARAYI Trustee 10 January 2017
None on record
WILLIAM EDMONDSON Trustee 10 January 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £54.94k £56.49k £50.09k £135.09k £127.50k
Total expenditure £53.93k £53.79k £50.48k £135.05k £131.71k
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

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 December 2023 28 October 2024 On Time
Accounts and TAR 31 December 2023 28 October 2024 On Time Download Open in new window
Annual return 31 December 2022 30 October 2023 On Time
Accounts and TAR 31 December 2022 30 October 2023 On Time Download Open in new window
Annual return 31 December 2021 25 October 2022 On Time
Accounts and TAR 31 December 2021 25 October 2022 On Time Download Open in new window
Annual return 31 December 2020 28 October 2021 On Time
Accounts and TAR 31 December 2020 28 October 2021 On Time Download Open in new window
Annual return 31 December 2019 20 October 2020 On Time
Accounts and TAR 31 December 2019 20 October 2020 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.

CIO - FOUNDATION Registered 25 Jan 2017

Charitable objects

TO ADVANCE THE EDUCATION OF CHILDREN AND YOUNG ADULTS IN DEVELOPING COUNTRIES, IN PARTICULAR BUT NOT EXCLUSIVELY BY: • RESEARCHING ATTITUDES TOWARDS EDUCATION AS A MEANS TO END POVERTY AND GENDER BIAS AND PUBLISHING THE USEFUL RESULTS; • DEVELOPING INTERVENTIONS; • FORMALLY RESEARCHING AND PUBLISHING INTERVENTIONS AND OUTCOMES; • DEVELOPING GUIDES AND PROMOTING THE RESEARCH TO HELP POLICY MAKERS MAKE INFORMED CHOICES ABOUT WHICH INTERVENTIONS ARE LIKELY TO HAVE MOST IMPACT; AND • PROVIDING DIRECT SUPPORT FOR EDUCATION TO CHILDREN AND YOUNG ADULTS. WITH A VIEW TO RELIEVING POVERTY AND IMPROVING THEIR LIFE CHANCES.

Contact information

Address:
1 Bedford Road
London
W4 1HU
Phone:
07990516773
Email:
No information available
Website:

No information available