Registered charities in England and Wales
Data for financial year ending 30 September 2017
The Social Mobility Foundation
- Social Mobility Foundation, 1St And 2Nd Floor, 43-47 Leadenhall Market, London, EC3V 1LR
Aims & activities
The Social Mobility Foundation (SMF) is a charity that helps high-achieving young people from low-income backgrounds enter the top universities and professions. Our programmes include a mentor from the young person's chosen profession, university application support (including trips to universities & skills workshops) as well as work placements across their sixth-form and university years.
What the charity does
Who the charity helps
- Children/young people
How the charity works
- Provides services
Income and Endowments:
Assets and liabilities
- £3.9K Own use assets
- £0.0K Long term investments
- £0.0K Defined benefit pension scheme asset or liability
- £250.6K Other assets
- £128.0K Total liabilities
Raises funds from the Public
Recognised by HMRC for gift aid
Charitable spending ratios
Ratios have to be put in context. They should be read in conjunction with the charity’s financial statements on which they’re based if they are to be interpreted correctly and sound conclusions drawn. For example the accounting rules affect what can be classed as income or expenditure. Where a charity which purchases land to further its objects the accounting rules do not permit including the purchase cost as charitable spending in its accounts. Instead it is ‘capitalised’ and shown on the balance sheet. Similarly a charity that receives an endowment it can’t spend may have a lower percentage of charitable spending as a proportion of income in the year of receipt as compared to the previous year as a result. Ratios may also be affected by the way a charity operates. For example, a charity which primarily generates income from investments may have lower cost of raising funds than one which employs fundraisers. A grant-making charity funding other charities to undertake an activity will have much lower staffing costs compared to a charity employing staff to perform that activity.
Charitable spending (including governance costs) as a percentage of income and endowments received by the charity in the reporting period. Does not include planned future spending.
Costs incurred in generating income as a proportion of total income and endowments received in the reporting period. May include spending to secure future funding.
The percentage of the charity’s total income retained for future use.
Accounts and trustees' annual report
TO ADVANCE THE EDUCATION OF DISADVANTAGED YOUNG PEOPLE PRIMARILY IN LONDON AND THE GREATER LONDON AREAS IN PARTICULAR BUT NOT EXCLUSIVELY BY: 1 AFFORDING OPPORTUNITIES TO OBTAIN INTERNSHIPS AND OTHER WORK EXPERIENCE WITH ORGANISATIONS WORKING IN THE PROFESSIONS AND THE FIELDS OF COMMERCE, BANKING, FINANCIAL SERVICES, INDUSTRY AND ADMINISTRATION OR SUCH OTHER FIELDS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION SEE FIT; AND 2 ADVISING AND ASSISTING YOUNG PEOPLE TO ENTER AND PROGRESS IN CAREERS IN THE PROFESSIONS AND THE FIELDS OF COMMERCE, BANKING, FINANCIAL SERVICES, INDUSTRY AND ADMINISTRATION OR SUCH FIELDS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION SEE FIT.
Governing documentMEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 22 JUNE 2006 AMENDED BY SPECIAL RESOLUTIONS DATED 16 JULY 2006 AND 8 NOVEMBER 2006
Area of benefit
Undefined. In Practice, London And Greater London.
Safeguarding vulnerable beneficiaries
Conflicts of interest
- 12 Trustees
- 25 Employees
- 2,100 Volunteers
|Trustee||Other trusteeships||Charity status|
|Rt Hon Alan Milburn (Chair)||Yorkshire Sculpture Park||Up-to-date|
|Tom Cassels||None on record|
|Sir Terry Leahy||Shakespeare North Playhouse Trust||Up-to-date|
|Rt Hon Hazel Blears||None on record|
|Theresa Loar||None on record|
|Sir Victor Blank||The Sir Martin Gilbert Learning Centre||Recently registered|
|Fraser Andrew Nelson||None on record|
|Ann Doherty||None on record|
|Helen Grant Mp||None on record|
|Dr Bandhana Kumari Rawal||Cu Trust||Up-to-date|
|Benjamin John Rodham||None on record|
Areas of operation
List of regions
- Northern Ireland
- Throughout England And Wales