Question 1

What is the mission of WALCOT EDUCATIONAL FOUNDATION?

Accepted Answer

Our area of benefit is coterminous with the London Borough of Lambeth (though we are an entirely independent foundation).  We exist for the relief of poverty amongst Lambeth residents (mainly under 30 years of age) and we do this by promoting education (broadly defined).  Our aim is to offer a 'hand up', not a 'hand out', and to 'tackle poverty by creating opportunity'.

Question 2

What is the financial size of WALCOT EDUCATIONAL FOUNDATION?

Accepted Answer

WALCOT EDUCATIONAL FOUNDATION is classified as a large charity. In the latest financial year, they reported a total income of £3,162,568 and total expenditure of £4,708,185.

Question 3

How does WALCOT EDUCATIONAL FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 67.6% goes directly to charitable activities. The remaining 32.4% 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 WALCOT EDUCATIONAL FOUNDATION?

Accepted Answer

WALCOT EDUCATIONAL FOUNDATION employs 8 staff members and is supported by 2 volunteers.

Question 5

Does WALCOT EDUCATIONAL 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 WALCOT EDUCATIONAL FOUNDATION pay its trustees?

Accepted Answer

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

WALCOT EDUCATIONAL FOUNDATION

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