Question 1

What is the mission of THE SHARE FOUNDATION?

Accepted Answer

The Share Foundation aims to reduce the generational cycle of deprivation by building resources and life skills for looked after children and young people. We operate the UK-wide Junior ISA and Child Trust Fund schemes on behalf of the Department for Education, opening and administering accounts, raising additional voluntary contributions to build account values and providing financial education.

Question 2

What is the financial size of THE SHARE FOUNDATION?

Accepted Answer

THE SHARE FOUNDATION is classified as a large charity. In the latest financial year, they reported a total income of £1,216,568 and total expenditure of £1,769,634.

Question 3

How does THE SHARE FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 98.7% goes directly to charitable activities. The remaining 1.3% 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 SHARE FOUNDATION?

Accepted Answer

THE SHARE FOUNDATION employs 14 staff members and is supported by 2 volunteers.

Question 5

Does THE SHARE FOUNDATION receive government funding?

Accepted Answer

To a small extent. Approximately 38.3% of their income comes from government grants or contracts.

Question 6

Does THE SHARE FOUNDATION pay its trustees?

Accepted Answer

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

THE SHARE FOUNDATION

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