Question 1

What is the mission of PRAMA FOUNDATION?

Accepted Answer

The Prama Foundation vision is to see 'a world where no-one is unfairly disadvantaged or excluded because of age or infirmity and where every person can enjoy life as they age'.  In its work, and through subsidiaries, the Foundation provides tailored care to people at home, as well as promoting and supporting Communities For All Ages and activities that combat social isolation in older people.

Question 2

What is the financial size of PRAMA FOUNDATION?

Accepted Answer

PRAMA FOUNDATION is classified as a large charity. In the latest financial year, they reported a total income of £3,958,560 and total expenditure of £4,094,085.

Question 3

How does PRAMA FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 71.7% goes directly to charitable activities. The remaining 28.3% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of PRAMA FOUNDATION?

Accepted Answer

PRAMA FOUNDATION employs 175 staff members and is supported by 351 volunteers.

Question 5

Does PRAMA FOUNDATION receive government funding?

Accepted Answer

To a small extent. Approximately 0.8% of their income comes from government grants or contracts.

Question 6

Does PRAMA FOUNDATION pay its trustees?

Accepted Answer

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

PRAMA FOUNDATION

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