Question 1

What is the mission of BALLOON VENTURES FOUNDATION LTD?

Accepted Answer

BVF and its wholly owned subsidiary Balloon Ventures ltd are dedicated to the relief of poverty and hardship in developing countries initially focusing on Kenya and Uganda. We provide support, training and loan finance to small businesses to help them grow and create good jobs. In Kenya we also support an orphanage in Busia.

Question 2

What is the financial size of BALLOON VENTURES FOUNDATION LTD?

Accepted Answer

BALLOON VENTURES FOUNDATION LTD is classified as a large charity. In the latest financial year, they reported a total income of £2,289,459 and total expenditure of £1,042,942.

Question 3

How does BALLOON VENTURES FOUNDATION LTD allocate its spending?

Accepted Answer

For every pound spent, approximately 24.4% goes directly to charitable activities. The remaining 75.6% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of BALLOON VENTURES FOUNDATION LTD?

Accepted Answer

BALLOON VENTURES FOUNDATION LTD employs 39 staff members and is supported by 1 volunteers.

Question 5

Does BALLOON VENTURES FOUNDATION LTD receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does BALLOON VENTURES FOUNDATION LTD pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

BALLOON VENTURES FOUNDATION LTD

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