Annual Review 2013

ANNUAL REVIEW 2013 01

ANNUAL REVIEW 2013PHILANTHROPY IN ACTION

www.cfiw.org.uk

02 ANNUAL REVIEW 2013


Registered Charity 1074655

Company Ltd by Guarantee 03670680

We are delighted to have delivered our purpose of promoting and managing philanthropy to the tune of £2 million this year – a new ‘high’ in our community grant-making total which testifies to our role in connecting people who care with causes that matter.

As a charitable business we provide three core services to our Fund holders, donors and clients: philanthropy advice, grant programme management, and investment, both in terms of social capital and of stewardship of fund investment to maximise financial return for grant-making. We are a unique charity in Wales and we benefit from being cause-neutral and independent. We use our knowledge of needs and the charitable sector to manage high impact programmes designed to achieve sustainable outcomes, awarding grants which enable local people to achieve inspiring change in their communities.

The highlights of our work are featured throughout this Annual Review – it has been a busy year. We invested £285,000 in funding step-change for social businesses through Santander’s Social Enterprise Development Award programme; we undertook several research projects for new clients; celebrated the impact of a ten year strategic

1. WHO WE ARE

LIZA KELLETTCHIEF EXECUTIVE

[email protected]

JANET LEWIS-JONES CHAIRMAN

[email protected]

grants programme which invested £3.3 million in five areas of Wales www.fairsharetrust.org. Furthermore we convened Philanthropy Week Wales, a series of 8 events across the country which celebrated, promoted and explored philanthropy, awarding the first Welsh Awards for Philanthropy and launching our new website www.philanthropywales.org.uk.

The Community Foundation in Wales also achieved a £1 million match challenge from the Big Lottery Fund for our fledgling Fund for Wales campaign. This grant is dedicated to stimulating philanthropy, encouraging charitable giving in, and into, Wales through our unique Fund for Wales www.fundforwales.org.uk.

On behalf of the Community Foundation in Wales, we thank our Fund holders and donors, volunteers, and beneficiaries for their commitment to making a difference in communities across Wales.

WHAT WE DO1. Who we are2. Where community meets philanthropy3. Connecting people who care with

causes that matter4. Strategic philanthropy in action5. The business of philanthropy6. Our Fund holders, clients and donors7. Our finances8. Our Fund for Wales



VISION

A Wales with a thriving voluntary and community sector, where local people lead projects and have the financial resources to develop their own solutions based on need

MISSION

To strengthen and enrich local communities across Wales by inspiring and managing philanthropy

VALUES

Knowledgeable, pro-active, innovative, creative, inclusive, professional, advocating, leading, collaborative, inspirational, sustainable and graceful



COMMUNITY FOUNDATION IN WALES TEAM TRUSTEES AT SUMMER 2013

• Janet Lewis-Jones - Chairman • Lulu Burridge • Rt Rev John Davies• Alun Evans • Lloyd FitzHugh Esq OBE JP DL • Tom Jones OBE • Frank Learner - Honorary Treasurer• Sheila Maxwell • Kathryn Morris - Honorary Treasurer designate• Julian Smith

This year saw the retirement from the Board of Trustees of Dr Caryl Cresswell (Vice Chair), Peter Davies, David Dudley, Jonathan Hollins, Henry Robertson and Michael Westerman. Their commitment, vision and support of the Foundation’s leadership were deeply appreciated.

STAFF

• Liza Kellett - Chief Executive• Helen Fagan - Grants Officer• Jennifer Lloyd - Development Assistant• Sarah Morris - Administrator• Tom Morris - Finance, Research & Grants Officer• Andrea Powell - Grants & Programmes Manager• Siân Stacey - Development Officer• Owain Taylor-Shaw - Development Manager• Ffion Wyn-Morris - Grants Assistant•

Former staff have contributed enormously to the Foundation’s work over the last year, and we particularly thank Julie Ashton-Davies, and Assistants/Interns Ffion Owen-Strong, Tanwen Berrington, Catrin Hopkins and

Rhiannon Walsh.

ASSOCIATES

• Tom Barham• Colin Evans• Abigail Tweed

We are grateful for the professional support of Giselle Davies (Geldards), Ruth Peck (HR Solutions), David Foxman, and Joe Brown and the team at Designdough for print and website designs.

PATRON OF THE FUND FOR WALES

• HRH The Prince of Wales PRESIDENT

• Captain Sir Norman Lloyd-Edwards KCVO, GCStJ, RD, JP, RNR

VICE PRESIDENTS

• Byron Lewis EsqHM Lord Lieutenant of West Glamorgan

• His Honour Huw Morgan Daniel C.StJHM Lord Lieutenant of Gwynedd

• The Hon. Mrs Shân Legge-Bourke LVOHM Lord Lieutenant of Powys

• Mrs Kathrin Thomas CVOHM Lord Lieutenant of Mid Glamorgan

• Dr Peter BeckHM Lord Lieutenant of South Glamorgan

• Henry George Fetherstonhaugh Esq OBE HM Lord Lieutenant of Clwyd

• Simon Boyle EsqHM Lord Lieutenant of Gwent

• The Hon. Robin William LewisHM Lord Lieutenant of Dyfed

We are also grateful for the support of Trefor Jones Esq, former HM Lord Lieutenant of Clwyd.


2. WHERE COMMUNITY MEETS PHILANTHROPY Philanthropists are people who want to make a difference - with their money and with their energy, and the Community Foundation in Wales brings them together. Our annual review highlights stories of donors and beneficiaries, and the impact of the Foundation’s work in communities across the country.

£2,120,2252012/13 value of grants invested in strengthening local communities

£7,896,271Value of endowment entrusted to our stewardship as at 31st March 2013

The Community Foundation in Wales is a member of UK Community Foundations, a network of 44 accredited community foundations across the UK which collectively holds endowment of £309 million and works alongside over 4,000 philanthropists. Last year our network supported 20,577 organisations with grants exceeding £52 million.

£225,430

£212,422

£256,679£249,269

£194,142

£350,027

£12,500

£440,985

DYFED

WEST GLAM

MID GLAM

SOUTH GLAM

GWENT

GWYNEDD

CLWYD

POWYS

OUTSIDEWALES

£178,770

GRANTS AWARDED TO EACH AREA£659,021Enabling young people and promoting education, enterprise & life-long learning

£439,567Building cohesion and confidence in communities

£731,815Improving physical and mental health

£91,192Nurturing heritage and culture

£198,630Protecting our environment

401Number of grants awarded 2012/13 6,600Number of volunteers who commit their time and talent to support these organisations 40,300Number of people who benefit from the work of the organisations we fund


Tom Morris, Finance, Research and Grants Officer at the Community Foundation, spoke about the needs in Gwent and demonstrated clearly how the Gwent High Sheriffs’ Community Fund efficiently targets these areas of need and deprivation. The Fund was created by the High Sheriff of Gwent to fundraise for, and invest in, community projects across the five counties of Gwent. Last year the Fund awarded £30,000 in grants to inspirational community-based projects, mainly through an innovative ‘participatory grant-making’ model, and current High Sheriff Murray MacFarlane continues to inspire local giving to make a real difference in the area.

COMMUNITY & PHILANTHROPY LEADERSHIP“The people that give through community foundations increasingly want to use their resources to see real local change in the places they live, and are now seeing ‘community’ itself as a viable cause for investment”.

STEPHEN HAMMERSLEY CBE, CEO OF UK COMMUNITY FOUNDATIONS

Community and philanthropy leadership are central to the work of the Community Foundation in Wales – promoting charitable giving and playing a variety of roles in supporting, and advocating for, the voluntary sector. Our convening of Philanthropy Week Wales embodies the spirit of this work. This yearwe held a series of eight events across the country which celebrated, promoted and explored philanthropy. For example, we launched the Denbighshire Community

Endowment Fund at Ruthin Craft Centre in partnership with Denbighshire Council, and celebrated the role of philanthropy in the arts at Clwyd Theatr Cymru, hearing from local philanthropists and enjoying a string quartet and photography exhibition preview.

Thanks to a grant from a client’s Fund, the Daisy Fund, we launched a unique website www.philanthropywales.org.uk which informs and provides signposting for those interested in philanthropy. We also awarded the first Welsh Awards for Philanthropy.

Another highlight was a special afternoon tea to explore needs in Gwent and celebrate local philanthropy, pictured. Lord Lieutenant of Gwent Simon Boyle, Chief Constable of Gwent Police Carmel Napier, High Sheriff of Gwent Elizabeth Murray, and Adrian Mahoney from Kaleidoscope (a drugs rehabilitation charity in Newport which has been supported over the last two years by the High Sheriffs’ Fund), spoke about their work and how instrumental philanthropy can be in meeting local needs.


FOUNDATION PHILANTHROPY AWARDS 2012 PHILANTHROPY WEEK WALES SUPPORTERS AND SPEAKERS

To honour people whose philanthropy has benefited Welsh communities, the Foundation’s new Chairman, Janet Lewis-Jones, made three special awards at our Annual Philanthropy Reception.

Trevor Pears CMG is Executive Chair of Pears Foundation and founder of the Give More campaign, a movement to encourage people to give more time, money or energy

to the causes and charities they care about. Currently more than 35,000 have pledged to give more, with an impressive 6,251 from Wales.

Peter Saunders OBE is an entrepreneur, business angel and philanthropist. Based in Tywyn, Peter’s investment in revolutionary technology is helping to save lives and

improve healthcare in developing countries, and has attracted support from the Bill and Melinda Gates Foundation.

STAKEHOLDERS AND PARTNERS

Alex and John Timpson give in many ways, including as a family and as a business. Their philanthropic work includes setting up a social enterprise training restaurant in Anglesey. The Oyster

Catcher chef academy is a unique building, in a unique setting, giving a unique opportunity to the young people of Anglesey.


“The Community Foundation in Wales work in informed grant-making and relationship brokering between charities and donors provides non-Welsh based funders with a much improved knowledge of the country. It helps bring new sources of funding into Wales and injects high impact grants to energise the organisations.

The Community Foundation’s leadership has helped imbue Wales’ third sector with a new vigour and provided a succinct and clear rationale for funding. The organisation plays an important role in attracting private income into Wales, creating new and increased opportunities for voluntary sector organisations to access funding and helping them diversify income at a time of severe public sector cuts. Its local knowledge means that it has the capacity to fund smaller organisations that may fall beneath Esmée Fairbairn’s radar.”

We were inspired by speakers at the UK Community Foundations’ biennial conference, who acknowledged the motivations and needs which inspire philanthropy.

“We did the impossible because no one told us it was impossible. Money follows great ideas, and capital can be created with the electricity of ordinary people.”SIR TIM SMIT KBE SOCIAL ENTREPRENEUR AND CO-FOUNDER OF THE EDEN PROJECT

INSPIRING PHILANTHROPY

“Violence is spreading like a virus among disturbed children at street level, and it is forcing otherwise well cared for children to become involved and to be affected... No one becomes violent randomly. My advice to donors and funders is to support a whole range of programmes and activities which give people genuine tools to solve the problems so that there’s no violence any more.”CAMILA BATMANGHELIDJH CBEFOUNDER OF KIDS COMPANY WHICH INTENSIVELY SUPPORTS 18,000 DEPRIVED AND AT RISK CHILDREN IN LONDON



The Community Foundation in Wales is more than the sum of its grants. In matching donors with do-ers we show how grants from the Foundation’s Funds can achieve a big impact. Whether it’s a small grant to cover the costs of a piece of equipment, or a long-term investment for a larger charity to create a new programme to meet an emerging need, the Foundation’s grants are awarded to excellent organisations after robust due diligence and assessment. Independent panel members, advisors and donors contribute to evaluating applications, bringing a range of expertise, knowledge and experience to decision making.

The stories of projects funded by our donors and Fund holders are featured on the following pages.

MAKING AN IMPACTOn strategies... Informing policy and underpinning change

On local communities…Growing confidence and social capital

On charities & community groups…Funding step-change and local solutions

On people...Empowerment, support, investment, releasing energy, stimulating action

3. CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER

EDUCATION COMMUNITIES

ENABLING YOUNG PEOPLE AND PROMOTING EDUCATION, ENTERPRISE & LIFE-LONG LEARNING

HEALTH

IMPROVING PHYSICAL AND MENTAL HEALTH

ENVIRONMENT

PROTECTING OUR ENVIRONMENT

CULTURE

NURTURING HERITAGE AND CULTURE

BUILDING COHESION AND CONFIDENCE IN COMMUNITIES


This theme includes grants to organisations which build self-esteem, confidence and horizons for young people; support to charities which work with young people who are not in employment, education or training; student bursaries; and projects which develop skills and employability. This is within the context of the fact that one-third of our children in Wales live in poverty, and the detrimental effect this has on self-worth, literacy, skills, aspirations and life-chances.

ASPIRATION

Set in the South Wales Valleys, the Blaenllechau Youth Project addresses the fact that local children and young people are poorly served with play facilities, activities and opportunities for fun, learning and joy. The shop, Post Office and Community Centre have all closed. The project is open four days and evenings a week, and often on the weekends for play sessions, trips and just as a place to go to do homework and meet with friends. Grants from several of our programmes, including one from a private Fund holder, have helped to ensure that the inspirational manager can focus on nurturing the health, learning and development of children without the worry of the ever present financial pressure of juggling funding to keep the club open.

ENABLING YOUNG PEOPLE AND PROMOTING EDUCATION, ENTERPRISE & LIFE-LONG LEARNING


Grants under this theme include those to charities which work to empower people in financially and socially disadvantaged communities; organisations which support marginalised people; and investment in community facilities and events. These groups are the cornerstone of civil society.

RESILIENCE

The Wrexham Community Endowment Fund supports locally run projects that improve the lives of poorer people in Wrexham. This year a grant of £500 from the Fund supported Wrexham Feeding the Roofless, which provides sustenance each weekend for people who are homeless. Led by a local church, its five core volunteers run a food bank in a local car park at a time of the week when food and a friendly chat are hard to find. The grant paid for basic items such as flasks, boxes and disposable cutlery - all necessary to help the project meet the increasing demand for its basic provisions.

BUILDING COHESION AND CONFIDENCE IN COMMUNITIES


This broad, multi-faceted theme includes grants awarded to organisations that: support people suffering from health and addiction issues; increase access to sport and exercise; promote healthy living; tackle the social isolation of elderly and vulnerable people; improve access to services for people with disabilities; and enhance well-being through counselling, mediation and advice. Our grant-making in this category improves mental and physical health by supporting access to, and provision of, health services, building self-esteem and reducing depression and social isolation.

COURAGE

The office of the Older People’s Commissioner for Wales recently reported that older men in Wales are the loneliest group of people in the UK, and estimates that 8,666 older people in Wales spent Christmas Day alone last year. Thanks to a grant of £2,400 from the Wales & West Utilities’ Fund, elderly members of the Holywell Autumn Club in Flintshire have benefited from specially tailored days out and activities which suit their needs and interests, and enhance their quality of life. With its members drawn from disadvantaged or isolated communities with limited public transport, the club’s programme offers a friendly and supportive environment, plus interesting and fun experiences. This grant supported the costs of a group holiday to Llandudno which included a railway trip and a meal out for the club’s members.

IMPROVING PHYSICAL AND MENTAL HEALTH


In this charitable theme, the Foundation makes grants to organisations that support environmental sustainability, conservation, and research and innovation. Environmental issues, be they local or global, are bringing people together to tackle these problems collectively, strengthening communities in the process and providing a foundation for a more environmentally engaged society.

RESPECT

Forest School Swansea & Neath Port Talbot is committed to improving the confidence, health and wellbeing of children by running woodland workshops and Forest Fun Days, and holding training days for parents, teachers and support staff. A recent grant of £3,798 from the Dulverton Trust Fund supported weekly sessions over the Summer term designed to suit disabled children from a local school, and for pupils from neighbouring schools to join in. This project combined the benefits of being in, and learning about, the natural environment along with the social benefits of a fun, truly inclusive programme.

PROTECTING OUR ENVIRONMENT


The arts, Welsh language and culture, and buildings and facilities of historic significance benefit from grants made under this category. Celebrating and promoting the cultural, spiritual and artistic elements of our lives and preserving our heritage is vital in developing confident and engaged communities where people have a shared sense of place and identity.

PRIDE

Cymdeithas Cyfellion Saith Seren is a community owned centre and co-operative pub in Wrexham. It is a hub for many of the supporters, learners and speakers of Welsh in the area, running Welsh lessons, comedy nights and live music sessions. A grant of £950 from the Red Nose Day Community Cash programme meant it could run a family fun afternoon, with storytellers and an entertainer.

NURTURING HERITAGE AND CULTURE


In 2003 the Community Foundation in Wales was appointed the agent in Wales for the Fair Share Trust - a UK wide, ten year programme funded by a £50 million grant from the Big Lottery Fund and managed by UK Community Foundations as the sole trustee. The Fair Share Trust’s mission was to build stronger communities by unlocking the potential in areas that had not previously received their ‘fair share’ of lottery funding.

The vision was to leave a lasting legacy by building confidence, community skills, experience and networks to improve local neighbourhoods, supporting communities to make their own changes and putting decision making into their hands.

The programme’s aims were to:

1. Build capacity – the confidence, skills and experience of individuals and communities

2. Build social capital – the networks, relationships and contacts of people, voluntary and community groups

3. Enhance liveability – the physical space in which communities thrive

4. Improve sustainability – a positive and lasting legacy

4. STRATEGIC PHILANTHROPY IN ACTION


In celebrating the end of the ten year Fair Share Trust programme in March 2013, the Foundation paid tribute to the beneficiaries, funded organisations, and partners who had worked to achieve long lasting social change. The Foundation led the programme and was accountable to the funders, but it was the local panels which defined the priorities for funding, and which steered, monitored, inspired and recommended grant decisions. Panel members were community and organisation representatives who lived and worked locally and whose local knowledge and understandings of needs and challenges made them expert advisers and decision makers on how best to invest their area’s grants pot.

The Fair Share Trust’s original £50 million of lottery money was put into Trust, so that the funding was secure and that the interest earned on money invested covered all the management costs for the ten year life of the programme. This ensured that all of the £50 million could be spent on grants in the Fair Share Trust areas - £650,000 in each of five counties in Wales.

In total, twenty-six community projects across Wales have benefited from funding, directly and indirectly impacting thousands of lives and supporting a wide variety of networks, support agencies, strategic thinking, and local and national government policies.

A DECADE OF PARTNERSHIP

THE FAIR SHARE TRUST PANELS’ PRIORITIES FOR WALES

Isle of Anglesey: to provide greater opportunities for all children and young people on Ynys Mon to access their right to freely chosen, accessible, quality play opportunities in their local communities.

Blaenau Gwent: to increase community capacity and development through the provision of skills, employment and training opportunities.

Caerphilly: to provide a range of opportunities for disabled people and their carers.

Neath Port Talbot: to improve the health and well-being of older and or disabled persons by contributing towards independent living, and to provide the long term unemployed and economically inactive individuals with skills development and transitional job opportunities.

Wrexham: to support the social inclusion into the wider community of Asylum Seekers, Refugees, Migrant Workers and Gypsy and Traveller People and their families.

“Before the Fair Share Trust programme there was literally nothing to support local people who are disabled, or their carers. Without the funding and support we could never have created a local, user-led charity to advocate for people with disabilities and to campaign for better local services… even the local buses are better as a result… We have managed to achieve so much and to change the lives of so many people in Caerphilly.”

www.fairsharetrust.org


The Community Foundation in Wales is a charitable business - a trusted philanthropy adviser offering each of our Fund holders and clients a bespoke service. We advise on where their priorities for charitable giving can make the best impact, investing their donations to maximise return and delivering robust grant-making programmes on their behalf. We research and advise on needs and issues, conduct due diligence, report on impact and outcomes, and engage them in their philanthropy to the extent that they wish.

WE CONNECT PEOPLE WHO CARE WITH CAUSES THAT MATTER

Whether our clients want to: support disadvantaged children in reaching their potential - as with our Skiathos and Daisy Funds; address the social determinants of health inequality – as a new client commissioned us to explore; or support community groups in the deprived communities their families came from – as with two private clients, the Community Foundation in Wales listens, fosters and stewards, creating high-impact programmes of support which have tangible, long-lasting benefits.

5. THE BUSINESS OF PHILANTHROPYOUR FUND HOLDERS AND CLIENTS INCLUDE

• Individuals and families – distributing grants on their behalf, also enabling their giving to continue making an impact beyond their lifetime

• Businesses – helping them to deliver their Corporate Social Responsibility agendas and engage with communities in an effective and efficient manner

• Other grant-making trusts – supporting them in penetrating their grant-making into neighbourhoods across Wales

• Charity clients – acting as Agent for UK-wide programmes such as the Ashley Family Foundation and the Fair Share Trust

• Trustees of under-active trusts – enabling endowment funds which have been left in their care by philanthropists in the past to be transferred to the Foundation’s stewardship


OUR CORE SERVICES...

• philanthropy advice to develop a bespoke giving strategy, including needs research and theory of change

• grant programme management, due diligence, monitoring and evaluation

• investment stewardship - of social capital and fund management

A RANGE OF BENEFITS...

• bespoke management and decision-making protocol

• project visits & meetings• impact reports & Fund investment statements• Fund holder events & invitations to

philanthropy events and forums

A CHOICE OF FUND TYPES...

• Immediate Impact – Funds for today• Endowment – Funds for now and the future

Funds can be themed according to our clients’ wishes, for example as area or topic-specific grant programmes.

OUR CHARITABLE BUSINESSSEVERAL WAYS TO MAKE A DIFFERENCE...

• establish your own Fund• donate to one of our Area or Themed Funds• double the impact of your gift to the Fund for

Wales thanks to our Big Match Challenge www.fundforwales.org.uk

• support the work of the Foundation by joining ‘Foundation Partners’

• tax-effective giving• legacies, shares, assets and cash

Our philanthropy team works with each Fund holder to develop a portfolio of giving in line with their wishes to maximise the impact of their philanthropy.

Contact Siân Stacey on 02920 379580 to discuss how your donations can make a difference or visit our website www.cfiw.org.uk.

MORE THAN THE SUM OF OUR GRANTS

• Underpinning & partnering• Local knowledge• National expertise• Sharing• Convening & chairing• Meeting needs• Celebrating & promoting

INFORMING POLICY AND UNDERPINNING CHANGE

ON LOCAL COMMUNITIES…

Growing confidence and social capital

ON CHARITIES & COMMUNITY GROUPS…

Funding step-change and local solutions

ON PEOPLE...

Empowerment, support, investment


OUR STAKEHOLDERS

The Esmée Fairbairn FoundationThe Pears FoundationUK Community FoundationsWelsh GovernmentBig Lottery FundGarfield Weston FoundationPeople’s Health Trust

OUR FUND HOLDERS

INDIVIDUALS & FAMILIES

The Daisy FundThe Ferndale FundThe Lord Merthyr FundMartyn Groves Adventure & Travel FundThe Myristica TrustThe Prince William and Miss Catherine Middleton Charitable Gift FundThe Skiathos FundThe Sloman Family Fund for Ely

6. OUR FUND HOLDERS, CLIENTS AND DONORSFOUNDATION FUNDS AND TRUSTS

Anglesey Community Endowment FundCardiff Community Endowment Fund

Cardiff Citizens CharityEducation Trust for Cardiff CitizensFoundation Schools Fund

Denbighshire Community Endowment FundFlintshire Community Endowment FundFund for WalesGronfa Hiraeth/Staff Giving FundThe Gwent High Sheriffs’ Community FundThe Monmouthshire Further Education TrustNewport Community Endowment FundPowys Community Endowment Fund

Foundation Powys FundLlandrindod High School Charity FundPowys Welsh Church Act Montgomeryshire Intermediate & Technical Education FundMontgomeryshire District Trust FundStanley Bligh Memorial FundFormer Girls Grammar School Brecon

The Rudbaxton Parish Education FundWrexham Community Endowment Fund

BUSINESSES

Advanced Elastomer Systems (AES)Bristol & WestThe Clarks ‘Giving Back’ FundCoventry Building Society Community FundEntrust/Rhondda Waste DisposalRWE Npower RenewablesSantander Social Enterprise FundWales & West Utilities

CLIENTS

Ashley Family FoundationComic ReliefThe Dulverton TrustFair Share TrustThe Henry Smith CharityThe Trusthouse Charitable FoundationQueen’s Silver Jubilee Trust

CAMPAIGNS

Fund for Wales Big Match Challenge Surviving Winter


This information is from the full audited Annual Accounts for the year ending 31st March 2013. The purpose is to give the reader an understanding of how the Foundation enables its grantmaking – our principal charitable activity. The full Annual Accounts (approved by the Trustees on 30th September 2013), Trustees Annual Report and the Auditor’s Report can be obtained from the Foundation’s office.

CORE FUNDERS £110K

DONATIONS £18K

MISC £11K

MANAGEMENT FEES £269K

GENERATING FUNDS £141K

GOVERNANCE £69K

PROMOTING

PHILANTHROPY £75K CHARITABLE

ACTIVITIES

£2,371KGRANT ADMIN £171K

GRANTS £2,125K

ENDOWMENT FUNDS £7,896K

Donor capital for future beneficiary grant income

RESTRICTED FUNDS £1,515K

Donor Funds for imminent grants to beneficiaries

UNRESTRICTED FUNDS £200K

Working capital for the charities core operations

PROPERTY £650K

INVESTMENTS £7,235K

NET CURRENT ASSETS £1,603K

OTHER NET ASSETS £123K

DONOR FUNDING FOR BENEFICIARIES £2,234K

ENDOWMENT INCOME FOR BENEFICIARIES

£216K

NEW ENDOWMENT CAPITAL £296K

7. OUR FINANCES INCOMING RESOURCES £3,154K

FUNDS £9,611K

Balance Sheet as at 31 March 2013

RESOURCES EXPENDED £2,581K

NET ASSETS £9,611K

CONTACT

Community Foundation in WalesSt Andrews House24 St Andrews CrescentCardiff CF10 3DD

T: 02920 379580F: 02920 220816E: [email protected]: www.cfiw.org.uk

Facebook: cfinwalesTwitter: @cfinwales

Registered Charity: 1074655Company Number: 03670680


BE PART OF SOMETHING BIG TODAY FOR SMALL COMMUNITY PROJECTS TOMORROW

• Give online: www.fundforwales.org.uk• Fundraise for Fund for Wales:

justgiving.com/communityfoundationinwales• Text: RHOI05 with your gift amount to 70070• Download a donation form for cheques, direct

debits, CAF cheques and regular giving: www.fundforwales.org.uk

• Phone us to talk through your giving options: Siân Stacey on 02920 379580

E: [email protected]: www.fundforwales.org.ukF: fundforwalesT: @fundforwales

TOGETHER WE CAN MAKE A DIFFERENCE

Wales is the only country in the world to have its own national endowment fund for communities – the Fund for Wales. It is making a difference now and in the future by encouraging giving to fund community projects across the country. It is a campaign of the Community Foundation in Wales, and we are delighted that HRH The Prince of Wales is the Patron.

Connecting people who care with causes that matter, the Fund for Wales is building a vibrant community of donors whose gifts - of all sizes and from all over the world - improve the lives of people across Wales and nurture Welsh culture, heritage and our environment.

FUND FOR WALES

A GIFT WHICH KEEPS ON GIVING

Thanks to Big Lottery Fund’s match challenge to promote philanthropy, the next £1 million of donations to the Fund for Wales will be matched £ for £ - doubling the impact of your giving.

JOIN OUR COMMUNITY OF DONORS• £1-£1,000 all donors join our Fund for Wales

community• £1,000+ leave your mark on the Fund for Wales

Hiraeth map• £10,000 + join the Patron’s Circle (HRH Prince

of Wales is our Patron), benefits include project visits and personal invitations to special receptions

• £25,000+ establish your own Named Fund with a bespoke philanthropy strategy

Everyone can be a philanthropist through the Fund for Wales

£10,000 + £2,500 x 2 = £25,000


Documents

Annual Review 2013