Question 1

What is the mission of THE BLOOM FOUNDATION?

Accepted Answer

The Bloom Foundation is a UK-based family foundation that looks to find financially and operationally efficient andeffective ways to address social issues and help people help themselves. The trustees look to support measurable andevidence-based models that promote tolerance, equality, and collaboration with other stakeholders.

Question 2

What is the financial size of THE BLOOM FOUNDATION?

Accepted Answer

THE BLOOM FOUNDATION is classified as a large charity. In the latest financial year, they reported a total income of £7,028,744 and total expenditure of £6,631,975.

Question 3

How does THE BLOOM FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 99.3% goes directly to charitable activities. The remaining 0.7% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of THE BLOOM FOUNDATION?

Accepted Answer

THE BLOOM FOUNDATION employs 4 staff members and is supported by 0 volunteers.

Question 5

Does THE BLOOM FOUNDATION receive government funding?

Accepted Answer

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

Question 6

Does THE BLOOM FOUNDATION pay its trustees?

Accepted Answer

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

THE BLOOM FOUNDATION

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