Overall GiG Score: -1 ?
Finance Score: -5
Governance Score: 1
Support Score: 3
  • Accounts filed more than 5 days late: -3 times
  • Multiple Deficits: -2
  • No PartB
  • No conflicts policy: -1
  • Only 4 Trustees: -1
  • Gender balanced board: +3
  • Grant maker support: +3

EDAID FOUNDATION 

THE CHARITY'S OBJECTS ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: FOR THE PUBLIC BENEFIT, THE RELIEF OF FINANCIAL HARDSHIP OF STUDENTS/GRADUATES ATTENDING, OR WANTING TO ATTEND OR HAVING ATTENDED HIGHER EDUCATION BY THE PROVISION OF FUNDING, DEBT COUNSELLING AND SUPPORT IN OBTAINING FUNDING, TO ACCESS THE EDUCATION.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy
  • There are only 4 trustees

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Accounts have been filed late on 3 occasions over the last 5 years and the current period appears to have been extended
  • On several occasions in recent years income has been less than spending
Established: 9 years

www.edaid.com/foundation

team@edaid.com

02073525579

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/22£196£273£-77n/an/an/an/an/a0
31/12/21£158£371£-213n/an/an/an/an/a1
31/12/20*£784£289£495£40£500£50020.700
31/12/19*£212£200£12n/an/an/an/an/a0
31/12/18*£0£7£-7£0£0£0n/a00
31/12/17£0£0£0n/an/an/an/an/a0
31/12/16*£0£0£0£0£0£0n/a00

Highest pay bracket: less than £60,000
What it does
  • Economic/Community Development/Employment
  • Education/Training
Who it helps
  • Other Defined Groups
How it operates
  • Makes Grants to Individuals
  • Provides other finance
  • Provides services
Where it operates
  • Throughout England And Wales,

Who's supporting them? ?

Donations from Grant Makers ?

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

Specific Donations
Amount When
Months
To be used for
Trust for London - EdAid Foundation
£1,250 29/09/2022
This is a cost of living uplift for grant reference 360G-trustforlondon-MAIN-S2-04.06.2019-8131
Trust for London - EdAid Foundation
£50,000 02/10/2019
24
The funding is for the staff and other delivery costs of a pilot offering low-cost loans to families applying for UK Citizenship for their children. It is anticipated that 2/3rds of the families to ....more

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)
Current Trustees appointed
Gender Split

Age Range of Trustees:
Legal constitution
  • Charitable company registered in England & Wales on 06/08/2015, number: 1163047
  • Registered at Companies House on 12/02/2015, number: 09437469
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Financial Conduct Authority
Policies in force
There are no Policies registered with the Charities Commission
Filing Record
7 returns made; AR20: 16 days late, AR19: 56 days late, AR18: 28 days late, AR16: 29 days late,
Main office

EdAid
1 Poultry
LONDON
EC2R 8EJ

Objectives

THE CHARITY’S OBJECTS (OBJECTS) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:FOR THE PUBLIC BENEFIT, THE RELIEF OF FINANCIAL HARDSHIP OF STUDENTS ATTENDING, OR WANTING TO ATTEND, HIGHER EDUCATION BY THE PROVISION OF FUNDING, AND SUPPORT IN OBTAINING FUNDING, TO ACCESS THE EDUCATION.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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