Finance Score: 3

Governance Score: 6

Support Score: 14

Strong growth: +2
Deficit latest year: -2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3

Large volunteers +3
Overall weighted support: +11

Overall GiG Score: 23

THE SOCIAL MOBILITY FOUNDATION

The Social Mobility Foundation is a charity that helps talented young people 16-25 from low-income backgrounds achieve their potential. Our programmes offer mentoring, university and job application support, skills and careers advice and work experience. We advocate and campaign for social mobility and undertake research including the annual Social Mobility Employers Index.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from several prominent grant makers recently
There has been strong growth in spending over the last 5 years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

Income was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
30/09/23		£2,529	£3,409	£-880	£29	£1,119	£997	3.5	62	2,200
30/09/22		£2,813	£2,560	£254	£21	£1,999	£1,448	6.8	48	2,524
30/09/21		£2,506	£1,796	£710	£14	£1,745	£1,313	8.8	37	2,812
30/09/20		£2,208	£1,562	£646	£52	£1,035	£486	3.7	32	2,100
30/09/19		£2,007	£1,885	£122	£15	£389	£211	1.3	28	2,100
30/09/18		£1,701	£1,560	£140	£26	£267	£179	1.4	27	0
30/09/17?		£1,535	£2,096	£-561	£19	£127	£77	0.4	25	0
31/03/16	*	£1,161	£1,187	£-26	£14	£818	£453	4.6	19	0
31/03/15		£1,044	£944	£99	£22	£844	£537	6.8	14	0
31/03/14	*	£974	£837	£138	£37	£745	£494	7.1	9	0
31/03/13		£784	£566	£219	£20	£607	£430	9.1	7	0
31/03/12		£656	£394	£262	£24	£388	£263	8	6	0
31/03/11		£327	£274	£53	n/a	n/a	n/a	n/a	n/a	n/a
31/03/10		£276	£236	£40	n/a	n/a	n/a	n/a	n/a	n/a
31/03/09		£315	£418	£-103	n/a	n/a	n/a	n/a	n/a	n/a
31/03/08	*	£310	£175	£135	n/a	n/a	n/a	n/a	n/a	n/a
31/03/07		£28	£34	£-5	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 1.2%
Fundraising Costs/Total Spending: 0.9%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 39%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 89%
Reserves/Spending: 3.5 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.9

Asset Split ?

Balance Sheet History

Established: 18 years

www.socialmobility.org.uk

info@socialmobility.org.uk

02071831189

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Other education support

How it operates

Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Children/Young People

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Dulverton Trust	£120,000
The Childhood Trust	£40,000
Community Foundation serving Tyne & Wear and Northumberland	£22,750
Community Foundation Tyne & Wear & Nthmbrlnd	£10,000

Specific Donations

Amount	When Months	To be used for
Dulverton Trust - The Social Mobility Foundation core costs
£80,000	26/10/2023	The Social Mobility Foundation core costs
The Childhood Trust - Social Mobility Foundation: Mentoring
£5,000	20/06/2023	The Social Mobility Foundation are raising funds to support our Mentoring Programme. All matched funds raised will be used to support high-potential young people from disadvantaged backgrounds to ....more The Social Mobility Foundation are raising funds to support our Mentoring Programme. All matched funds raised will be used to support high-potential young people from disadvantaged backgrounds to access the networks and opportunities they need to flouris
Community Foundation serving Tyne & Wear and Northumberland - Grant to The Social Mobility Foundation
£22,750	11/08/2022	Supporting ambitious young people in the north east of england through the guy readman rising stars programme
The Childhood Trust - C-59249
£25,000	28/06/2022	All funds raised will be used to support high-potential young people from disadvantaged background to access the networks and opportunities they need to flourish in higher education and the work ....more All funds raised will be used to support high-potential young people from disadvantaged background to access the networks and opportunities they need to flourish in higher education and the work place.
Dulverton Trust - SMF Core Funding 2022
£40,000	08/06/2022	SMF Core Funding 2022
The Childhood Trust - Social Mobility Foundation - closing the gap
£10,000	03/07/2020	We support disadvantaged young people in London aged 16-24 to help them achieve their academic potential and enter professional careers. Students on our programme receive university and careers ....more We support disadvantaged young people in London aged 16-24 to help them achieve their academic potential and enter professional careers. Students on our programme receive university and careers advice, mentoring from volunteer professionals, work experience and skills training to help them succeed.
Community Foundation Tyne & Wear & Nthmbrlnd - Additional Support to the "Guy Readman Rising Stars" in Newcastle, in the light of the Covid19 crisis
£5,000	27/03/2020	Additional Support to the "Guy Readman Rising Stars" in Newcastle, in the light of the Covid19 crisis
Community Foundation Tyne & Wear & Nthmbrlnd - additional support to the "Guy Readman Rising Stars" in Newcastle, in the light of the Covid19 crisis
£5,000	27/03/2020	additional support to the "Guy Readman Rising Stars" in Newcastle, in the light of the Covid19 crisis
Esmee Fairbairn - Grant to The Social Mobility Foundation
£30,000	22/07/2019 12	Towards core costs to help develop the Social Mobility Institute as an organisation that mobilises a coalition of employers, charities, councils, schools etc, to take action to improve social ....more Towards core costs to help develop the Social Mobility Institute as an organisation that mobilises a coalition of employers, charities, councils, schools etc, to take action to improve social mobility.
Community Foundation serving Tyne & Wear and Northumberland - To support the 'Guy Readman Rising Stars'on the Aspiring Professionals Programme
£19,280	22/02/2019	To support the 'Guy Readman Rising Stars'on the Aspiring Professionals Programme
The Childhood Trust - Christmas Challenge 2017
£15,000	05/12/2017	Helping to improve social mobility by aiding young people from low income backgrounds to enter higher education and employment. Providing programmes of mentoring, work experience, university ....more Helping to improve social mobility by aiding young people from low income backgrounds to enter higher education and employment. Providing programmes of mentoring, work experience, university application support and skills workshops through their sixth-form and university years
Robertson Trust - The Aspiring Professionals Programme Coordinator
£24,000	25/07/2017	The Aspiring Professionals Programme Coordinator
Robertson Trust - the salary costs of the Aspiring Professionals Programme Coordinator
£12,000	30/04/2016	the salary costs of the Aspiring Professionals Programme Coordinator

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Age Range of Trustees: 40-66

ANN DOHERTY Appointed: 2015, Occupation: Banker

BENJAMIN JOHN RODHAM Appointed: 2019, Occupation: Solicitor

DR BANDHANA KUMARI RAWAL Appointed: 2019, Occupation: Pharmaceutical Physician

FIONA DAWSON Appointed: 2021, Occupation: Global President Mars Food, Ned Lego

HEIDER RIDHA Appointed: 2019, Occupation: Operating Partner

LEE EDWARD CAIN Appointed: 2021, Occupation: Founder Of A Strategic Advisory Firm

NAMRATA PATEL Appointed: 2021, Occupation: Senior Vice President

NIGEL RAILTON Appointed: 2023, Occupation: Chairman

RT HON ALAN MILBURN (Chair) Appointed: 2019, Occupation: Mp

RUTH ELIZABETH OWEN Appointed: 2022, Occupation: Chief Executive

TOM PETER ROCKHILL Appointed: 2023, Occupation: Chief Commercial Officer

Legal constitution

Charitable company registered in England & Wales on 22/08/2006, number: 1115888
Registered at Companies House on 22/06/2005, number: 05488354

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

17 returns made; AR16: 1 days late, AR14: 0 days late, AR08: 7 days late,

Main office

The Social Mobility Foundation
The Timber Yard
17 Drysdale Street
London
N1 6ND

Objectives

The Charity’s objects (the “Objects”) are to advance the education of disadvantaged young people in the United Kingdom in particular, but not exclusively by:3.1.1 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; and3.1.2 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 other fields as the Trustees in their absolute discretion see fit.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LONDON AND GREATER LONDON.

Data Sources

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