Question 1

What is the mission of WOODSMITH FOUNDATION LIMITED?

Accepted Answer

When operational, the Foundation will make grants towards projects and individuals/organisations which match the criteria set out in the charitable objects of the approved Articles of Association. The charity is required to invest a proportion of its' income and to adhere to a maximum expenditure outside the 'area of interest' of 25% of income.

Question 2

What is the financial size of WOODSMITH FOUNDATION LIMITED?

Accepted Answer

WOODSMITH FOUNDATION LIMITED is classified as a large charity. In the latest financial year, they reported a total income of £1,114,022 and total expenditure of £1,428,186.

Question 3

How does WOODSMITH FOUNDATION LIMITED 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 (97.8%).

Question 4

What is the workforce structure of WOODSMITH FOUNDATION LIMITED?

Accepted Answer

WOODSMITH FOUNDATION LIMITED employs 4 staff members and is supported by 0 volunteers.

Question 5

Does WOODSMITH 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 WOODSMITH FOUNDATION LIMITED pay its trustees?

Accepted Answer

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

WOODSMITH FOUNDATION LIMITED

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