Question 1

What is the mission of THE PALOMA FOUNDATION?

Accepted Answer

The Paloma Foundation is yet to start operating but will be funded in due course by donations. It is intended that these donations will be used to acquire income producing UK commercial property investments with the aim of producing a regular source of income. This income will be used to make grants in accordance with the Charitable Objects.

Question 2

What is the financial size of THE PALOMA FOUNDATION?

Accepted Answer

THE PALOMA FOUNDATION is classified as a medium charity. In the latest financial year, they reported a total income of £933,072 and total expenditure of £5,414.

Question 3

How does THE PALOMA FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (98.6%).

Question 4

What is the workforce structure of THE PALOMA FOUNDATION?

Accepted Answer

THE PALOMA FOUNDATION employs 0 staff members and is supported by 1 volunteers.

Question 5

Does THE PALOMA 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 PALOMA FOUNDATION pay its trustees?

Accepted Answer

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

THE PALOMA FOUNDATION

Latest HighlightsFY 2023

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