Mybnk

www.mybnk.org
Charity first registered in the UK on 21/04/2008 no: 1123791
Charities Commission data

This charity employs 31 people and has 180 volunteers.

image/logo for MYBNK

UN Sustainable Development Goals
4 Quality Education
8 Decent Work & Economic Growth
10 Reduced Inequalities

What it does

MyBnk brings financial education and enterprise to life in UK schools and youth groups. We provide workshops and business experiences using real money covering a rage topics from budgeting and student finance to debt and social enterprise.

How it works

Makes Grants To IndividualsProvides Services

Where it operates

Throughout England

Who it helps

Children/young People


Donations received

Over the last five years they've received significant donations from 7 grant making charities totalling £437,078

When Amount Donor To be used for
30/06/2018 £75,000 Garfield Weston Foundation Programme Development and Delivery
29/02/2016 £60,000 Paul Hamlyn Foundation MyBnk designs and delivers financial and enterprise workshops to young people aged 11-25 in schools and youth organisations. The grant is to fund the Quality and Training Director who leads on operations, monitoring and evaluation. MyBnk is expanding into the South West currently and plans to expand further to the Midlands and North over the next couple of years. It also wants to grow its work focusing on the most vulnerable young people and to evidence its impact and the social return on investment it achieves, so that it can attract funding from new sources.
30/04/2015 £60,000 City Bridge Trust £60,000 for one year towards the costs of the Money Works programme specifically for young care leavers. The sum includes a 15% contribution to core costs.
10/09/2014 £10,000 National Lottery Not Available
31/05/2014 £125,078 Esmee Fairbairn Towards core costs of an organisation that delivers financial and enterprise education.
31/01/2014 £72,000 Dulverton Trust MyBnk Expansion in the South-West
31/12/2013 £35,000 Tudor Trust over one year as continuation funding for personal finance and enterprise education work with young people across the UK

Financial Data
Y/E Income Expenditure Surplus Assets Months
Reserves
Employees Volunteers
31/08/2018 £1,583,953 £1,535,412 £48,541 4 31 180
31/08/2017 £1,551,592 £1,242,595 £308,997 £475,581 5 22 40
31/08/2016 £1,100,619 £1,142,619 -£42,000 £166,584 2 22 15
31/08/2015 £1,064,510 £1,040,126 £24,384 £216,040 2 21 25
31/08/2014 £959,508 £1,038,579 -£79,071 £191,656 2 22 14
31/08/2013 £928,997 £766,097 £162,900 £270,727 4 18 8
31/08/2012 £683,604 £682,476 £1,128 £107,827 2 16 11
31/08/2011 £608,913 £518,285 £90,628 £106,699 2 12 12
31/08/2010 £320,388 £325,952 -£5,564 0
31/08/2009 £214,794 £197,363 £17,431 0

Trustees

This charity has 7 registered trustees.

  • Carol Lesley Knight
  • Elisabetta Lapenna-huda
  • Gary Coyle
  • Karim Kefi
  • Margaret Mary Louise Morrissey
  • Simona Paravani-mellinghoff
  • Viral Kataria
Objectives

ALL PURPOSES WHICH ARE CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES INCLUDING, TO ACT AS A RESOURCE FOR YOUNG PEOPLE BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF: 1 ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS; OR 2 ADVANCING EDUCATION; OR 3 RELIEVING FINANCIAL HARDSHIP.