Question 1

What is the mission of THE MAYOR'S FUND FOR LONDON?

Accepted Answer

The Mayor's Fund for London is a non-politically aligned, independent charity which champions opportunities for young Londoners from low-income backgrounds. We deliver impactful programmes which help to safeguard and transform the life chances of young Londoners by supporting them with access to food, wellbeing, education and employment opportunities.  The Mayor of London is our Patron.

Question 2

What is the financial size of THE MAYOR'S FUND FOR LONDON?

Accepted Answer

THE MAYOR'S FUND FOR LONDON is classified as a large charity. In the latest financial year, they reported a total income of £2,855,207 and total expenditure of £3,095,632.

Question 3

How does THE MAYOR'S FUND FOR LONDON allocate its spending?

Accepted Answer

For every pound spent, approximately 95.0% goes directly to charitable activities. The remaining 5.0% 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 THE MAYOR'S FUND FOR LONDON?

Accepted Answer

THE MAYOR'S FUND FOR LONDON employs 26 staff members and is supported by 0 volunteers.

Question 5

Does THE MAYOR'S FUND FOR LONDON receive government funding?

Accepted Answer

Yes. Approximately 70.2% of their income comes from government grants or contracts.

Question 6

Does THE MAYOR'S FUND FOR LONDON pay its trustees?

Accepted Answer

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

THE MAYOR'S FUND FOR LONDON

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