Question 1

What is the mission of THE MCLAIN FOUNDATION LIMITED?

Accepted Answer

The objects of the foundation are such exclusively charitable purposes as the Trustees may in their absolute discretion determine.  It operates as a grant-making charity, supporting charitable projects and organisations with grants of varying sizes and durations.

Question 2

What is the financial size of THE MCLAIN FOUNDATION LIMITED?

Accepted Answer

THE MCLAIN FOUNDATION LIMITED is classified as a large charity. In the latest financial year, they reported a total income of £2,829,974 and total expenditure of £543,653.

Question 3

How does THE MCLAIN FOUNDATION LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 88.2% goes directly to charitable activities. The remaining 11.8% 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 THE MCLAIN FOUNDATION LIMITED?

Accepted Answer

THE MCLAIN FOUNDATION LIMITED employs 0 staff members and is supported by 0 volunteers.

Question 5

Does THE MCLAIN FOUNDATION LIMITED 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 MCLAIN FOUNDATION LIMITED pay its trustees?

Accepted Answer

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

THE MCLAIN FOUNDATION LIMITED

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