Question 1

What is the mission of The Lakshmi N Mittal Family Foundation?

Accepted Answer

The main purpose of the Charity is to apply income from the charity, for, but not limited to, advancement of education, helping change young lives, promotion of the arts and the prevention of poverty and malnutrition

Question 2

What is the financial size of The Lakshmi N Mittal Family Foundation?

Accepted Answer

The Lakshmi N Mittal Family Foundation is classified as a major charity. In the latest financial year, they reported a total income of £11,560,826 and total expenditure of £9,271,104.

Question 3

How does The Lakshmi N Mittal Family Foundation allocate its spending?

Accepted Answer

For every pound spent, approximately 80.2% goes directly to charitable activities. The remaining 19.8% is spent on raising funds and administration. This is lower than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of The Lakshmi N Mittal Family Foundation?

Accepted Answer

The Lakshmi N Mittal Family Foundation employs 0 staff members and is supported by 2 volunteers.

Question 5

Does The Lakshmi N Mittal Family 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 Lakshmi N Mittal Family Foundation pay its trustees?

Accepted Answer

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

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