Question 1

What is the mission of THE WATCHES OF SWITZERLAND GROUP FOUNDATION?

Accepted Answer

The aim of the Watches of Switzerland Foundation will be to further enhance the charitable initiatives of the Watches of Switzerland Group (the 'Group') and to provide essential support, through donations, to local and national charities focused on poverty, social mobility and hardship. It is intended that the beneficiaries will be in the communities within which the Group operates.

Question 2

What is the financial size of THE WATCHES OF SWITZERLAND GROUP FOUNDATION?

Accepted Answer

THE WATCHES OF SWITZERLAND GROUP FOUNDATION is classified as a medium charity. In the latest financial year, they reported a total income of £828,092 and total expenditure of £1,502,027.

Question 3

How does THE WATCHES OF SWITZERLAND GROUP 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 (99.0%).

Question 4

What is the workforce structure of THE WATCHES OF SWITZERLAND GROUP FOUNDATION?

Accepted Answer

THE WATCHES OF SWITZERLAND GROUP FOUNDATION employs 0 staff members and is supported by 0 volunteers.

Question 5

Does THE WATCHES OF SWITZERLAND GROUP 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 WATCHES OF SWITZERLAND GROUP FOUNDATION pay its trustees?

Accepted Answer

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

THE WATCHES OF SWITZERLAND GROUP FOUNDATION

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