Esmee Fairbairn Foundation - Annual Report 2007

Just a pile of paperwork?Or the foundation of a better society for all?It depends on your point of view...

Annual Report & Accounts 2007

ContentsEsmée Fairbairn Foundation – 1Dawn Austwick talking about how we work – 2Four exemplary projects – 4A grants sampler – 12Chairman’s statement – 18Grant-making overview – 19Grants lists – 21Financial review – 33Statement of Financial Activities – 39A living memorial – 48Trustees, Committees, Staff and Advisers – 49

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...At Esmée Fairbairn, grant applications are fundamental to what we do. They are the primary means by which we can assess a charitable organisation’s needs and potential.

They also help us determine if a project coincides with Esmée Fairbairn’s own ethos and interests.

We try to support the unusual and the provocative; the sort of projects that could be regarded as too risky.

We do this for work dedicated to the UK’s cultural life, education, the natural environment and enabling the disadvantaged to participate more fully in society.

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2 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Dawn Austwick talking about how we work Giving away substantial amounts of money to good causes is a very satisfying occupation. But it’s also a big responsibility.

That’s why in 2007 we undertook a review of our grant-making. We came up with ways to make ourselves more open to others ideas by developing a new approach to funding for 2008 and beyond.

During this period of transition for Esmée Fairbairn, we also maintained the Foundation’s grant-making momentum. In 2007 we committed about £25 million to organisations that are working to improve the quality of life for people in this country both today and in the future.

This annual report looks at the changes we made in 2007 and the projects we’ve supported; focussing in particular on a few that are typical of our approach to grant-making.

Last year saw some major shifts in the world economy and in Britain’s. As a result, money became tighter in both the private and public sectors. This had an inevitable impact on the areas we fund and the types of organisations we support. Among the hardest hit have been those who want support for projects that don’t provide quick fixes, but do take risks and pose uncomfortable questions. Just the sort of work that Esmée Fairbairn exists to fund. These developments occurred at a time when we were already committed to re-thinking how we could improve the way we work. So, in a structured process, we devoted much of the first half of 2007 to assessing the situation. A key part of this activity involved running a series of workshops throughout the UK for practitioners in the areas we fund.

We asked them what troubled them. And what inspired them. And we gained a better understanding of how we could work to help solve or lessen the problems that such organisations face. We also commissioned focus groups and examined what other foundations and grant-making bodies were doing.

We evaluated what we learned and developed the concept of a Main Fund that would be responsive to requests for support across the entire spectrum of our interests. To complement this Main Fund, we also initiated the idea of more modestly funded strands to address specific issues that we think are important or have a particular interest in. We’ve also been exploring non-grant finance – focussing in particular on loans, guarantees and soft equity investments by running a pilot programme which will now convert to a separate funding strand. There are other changes at Esmée Fairbairn. Creation of the new position of finance and investment director recognises the size and complexity of our investment portfolio. Since that’s the fount of all that we do, it’s important to husband our financial assets carefully, so that we can continue to fund such diverse work as the Development Trust Association’s Rural Community Enterprise Challenge Fund, the Zoological Society of London’s survey of endangered invertebrates, the Siobahn Davies Dance Company’s links with the visual arts and Cambridge University’s Primary Education Review.

These grants, all of which feature in this Annual Report, are exemplars of the sort of work that has excited us in the recent past. 2008 will also see the final year of our seven year Rethinking Crime & Punishment Programme which has explored alternatives to prison. We will be looking to maximise the impact of the programme and our learning during this final year and to reporting on the final outcome in more detail next year.

And what about the future? Where are we heading?

One answer to that is we are looking to move from our current office at Park Place. As part of 2007’s review, we decided that smaller premises in central London would suit us best, while still remaining easily accessible to the organisations we support throughout the UK.

Wherever we are, I hope we’ll continue to take on the big issues; tackling the topics that go to the heart of our society. We are committed to funding the organisations that ask the difficult questions about life in the UK and how it can be improved. The passion and intellectual curiosity that have driven the Foundation in the past remain our guiding principles.

Dawn Austwick,Chief Executive

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Rural Community Enterprise Challenge Fund

Rural deprivation is off most people’s radar. But hidden away in the folds of the scenic valleys, or between the lush pastures, it’s there all right. Steve Clare of the Development Trusts Association (DTA) has come to know quite a lot about it. ‘Isolation in the countryside can make the problem worse. Who can you talk to about your worries? Short of uprooting yourself and your family, is there any way out? At DTA we know there is – and Esmée is helping to provide solutions relevant to individual communities from one end of England to the other.’

Working together, the Foundation and staff from the DTA identified applications for support that would lead to business sustainability. The projects selected are highly varied – for example converting a former working men’s social club in Yorkshire into a community arts and entertainment centre and helping a Northumberland village fudge enterprise expand into the growing market for quality chocolate – but all are marked by determination to build enduring local capacity. Integral to the work is a programme of evaluation so that learning can be shared between and with other development trusts to build a legacy of experience for others.

And all are now connected with one another. ‘Esmée and DTA both felt it was vital that the organisations we’re helping communicated with one another. What’s learned in Tidworth, Wiltshire can be relevant in the Ribble Valley, and vice versa. An important by-product of what we’re doing is establishing a growing rural enterprise cohort that will soon have its own momentum.’

Grants averaging £90,000 each for eight organisations from the fund which is run in partnership between Esmée Fairbairn and the Development Trusts Association.


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Tidworth Development Trust Association works to ensure that the people of Tidworth - a mix of newly-arrived Army families and those with more of a history in this Wiltshire village - are on the same wavelength. This local radio station has helped to foster a sense of local identity and also created new volunteering and employment opportunities.

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Siobhan Davies Dance Company

Contemporary dance is a risky business. So is contemporary art. Combine the two with the rigours of a national tour, and you have the potential for great creative synergies. Or, you could fall flat on your face.

With the support of Esmée Fairbairn, the Siobhan Davies Dance Company has decided to take that risk. ‘We’re planning performances in studio venues similar to our own new home in London’s Southwark as well as in contemporary art galleries.’

According to the company’s executive director, Andrew Broadley, ‘that way we get good exhibition spaces and the sort of atmosphere that brings our dancers closer to their audiences than any conventional theatre can do.’

Appearances in Scotland, Northern Ireland and Wales as well as England will give the company heightened national exposure, as will the involvement of international artists. ‘We’re still formulating our ideas and that’s one of the things that’s so refreshing about working with the Foundation. There’s a lightness of touch in the way they administer your grant. Once they approve the germ of an idea they support you in nurturing that concept and seeing how it grows.

They don’t just expect you to deliver a finished project or tour at the end of the agreed time; they’re genuinely interested in the entire process from the outset. In the lonely early days of getting a tour off the ground, that degree of involvement is very welcome – particularly since there’s no question of imposing the Foundation’s tastes or preferences on the project,’ Andrew Broadley adds.

£40,000 a year for three years to develop the company’s artistic programme during a period of organisational change.

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It takes courage to make the leap from one artistic discipline to another, and the knowledge that you have some back-up can really help this. The Siobhan Davies Dance Company could rely on this in their efforts to create a national tour that combines their own areas of expertise with the visual arts in venues throughout the United Kingdom.


Zoological Society of London

Everyone rightly wants to save the whale. And the polar bear. And the tiger. But what about those species that are less immediately appealing? Who is concerned about their survival in a world facing the increasing challenges of climate change and loss of habitats?

The Zoological Society of London is. And, with help from Esmée Fairbairn, it’s putting that concern to work by doing conservation assessments on 1,500 randomly sampled, distinctly non-charismatic species.

‘There are 5,000 species of dung beetle alone,’ notes Jonathan Baillie, head of field conservation at the Zoological Society of London. ‘Though we can’t assess the status of them all, with Esmée’s help in implementing new sampling methodology, we’re able to determine their conservation status, where they are threatened, why they are threatened and what needs to be done.’

‘The grant is helping to fill a vast gap. Though world governments set a target of 2010 to determine whether or not we’re reducing the rate of biodiversity, they didn’t follow through with any significant funding. Through this project alone we’re doubling the number of invertebrates covered by the Red Lists of threatened species.’

Almost as importantly, Foundation support has led to new partnerships among UK scientists and institutions, Jonathan Baillie says. ‘Thanks to the networks we’ve established through this project, this country is now in a position to provide information on a global scale that can help formulate biodiversity policies for decades to come.’

Zoological Society of London work on threatened ‘red list’ species £271,950 over two years to complete the indexing of several species include dung beetles, butterflies, freshwater molluscs and grasses.

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For many species, like dung beetles, mere survival can be an uphill struggle as their habitats come under threat. The Foundation’s support for the London Zoological society is helping to identify which forms of life are most at peril – concentrating on those non-charismatic species that escape the notice of most conservation groups and their supporters.


The PrimaryReview

When asked about the issues that concern them most, people in the UK invariably put education near the top of their list. Yet there has been no comprehensive review of England’s primary school system for four decades. Professor Robin Alexander and his team at Cambridge University Faculty of Education are addressing the issue, with help from Esmée Fairbairn. ‘Britain has changed, the world has changed, yet in primary education we’ve only had a succession of piecemeal reforms. This has left us with a system less coherent than ever,’ he says.

Covering ten themes and conducted by the Cambridge team together with 70 academic consultants and a 20-strong advisory committee the Primary Review has already made headlines with its findings on children’s well-being, standards, testing and the curriculum. ‘Such media exposure at an early stage of a project can be a mixed blessing, but we’ve had nothing but support from the Foundation. And the fact that we hold regular meetings at the Esmée Fairbairn office and have been strongly supported by Foundation staff has built a sense of belonging and solidarity.

Now, with preliminary findings already having a discernible impact on primary education policy as well as on public discussion, it’s apparent that the Foundation’s grant will help to shape the education of future generations of children in England.’

£409,034 over two years to enquire into the condition and future of English primary education, and to make recommendations for policy and practice.

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Are Britain’s children keeping up? Is our primary school system providing the knowledge and development needed to equip youngsters for life in the 21t century? Esmée Fairbairn is providing the wherewithal to raise those questions and come up with some answers in a headline-making project.


Eclectic, eccentric & excellent

Those are the qualities that tend to characterise the wide range of projects supported by Esmée Fairbairn. These cover the areas of culture, the natural environment, education and social cohesion in the UK.

Cape FarewellThis project is helping to establish the concept of climate change in the national consciousness by bringing artists, scientists and educators together and displaying the results of their collaborative efforts to an expanding audience. A two-year grant of £88,000 is helping to meet the challenge of funding core costs.

Clean BreakFounded in 1979 by two women prisoners, this unique theatre company works with female prisoners, ex-offenders and those at risk of criminality because of drug or alcohol dependency. The Foundation is providing £150,000 over three years to help produce a learning programme for 150 participants involved in mounting two new prison-themed touring productions every year.

Herpetological Conservation TrustAnimals like the common frog and the grass snake (collectively known as herpetofauna) are becoming alarmingly rare – largely due to habitat damage and loss. A £179,000 grant supports further conservation of these species at county and regional levels; integrating to save them within the UK Biodiversity Action Plan.

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Yorkshire Wildlife TrustFounded in 1946, the nation’s second-oldest charity of its kind also covers one of the largest, most diverse areas including bogs, chalk rivers, coastal and floodplain grazing marshes, salt marshes and dunes. By providing £93,000, the Foundation is increasing the Trust’s core capacity by improving IT systems, membership databases and funding key personnel.

Lewis and Harris Horticultural ProducersLife in the splendid isolation of the Outer Hebrides can have its drawbacks

– particularly when it comes to the availability of fresh, healthy, local produce. A grant of £15,000 to this cooperative group of 76 growers is funding two part-time coordinators over two years to help improve outputs and efficiencies.

Kilmartin House TrustSituated at the heart of one of Scotland’s richest prehistoric landscapes, Kilmartin House provides a world-class centre for the study of archaeology. But the Trust wants to engage with the local community as well. To develop new audiences, the Foundation has provided £19,000 to help fund the Museum’s first temporary exhibition.

5x5x5Creativity is child’s play for this organisation that brings artists, teachers, mentors and young children together to explore and stimulate aesthetic self-expression. A £60,000 grant over two years is helping to disseminate 5X5X5’s work nationally through the sale of publications and DVDs that will also provide a welcome source of income.

Square chapelBritain’s only surviving square church is now a thriving arts centre in Halifax, West Yorkshire. Though this 18th century monument had been exquisitely rescued from dereliction, work was still needed on public access. A £20,000 grant restored the original stone piers, steps, gates and railings.

Growing wellThe theraputic benefits of contact with plants are well-recognised. This industrial and provident society based in Kendal, Cumbria, helps people recovering from mental illness to develop confidence and skills through organic market gardening. The £46,000 three-year tapering grant will put the organisation on a more professional footing by funding managerial costs.



British Art CentreFounded to ‘invent the future of the theatre’, this London charity is continuing that mission over three years with a £75,000 grant towards the costs of a development programme for emerging artists in up to four companies per year. Company benefits include free rehearsal and performance space, a guaranteed production slot and the ability to commission new work.

Human ScaleThis education reform movement equates small schools with big learning. A £7,000 grant towards a residential conference will forward efforts to work directly with schools and parents to promote human scale learning environments based on the values of democracy, fairness and respect.

Eden RiversCumbria’s Eden River catchment provides a home for water buttercups, three species of lamprey, salmon, bullhead and white clawed crayfish as well as a community of otters. But this biodiversity is under threat. A £73,000 grant is funding a marine biologist to investigate how best to save indigenous species and provide greater opportunities for their future well-being.

Royal Horticultural Society A green approach to life should start early. That is why a £53,000 grant over two years is supporting a regional campaign to champion horticulture in schools. Objectives include benchmarks for good practice, advice on practicalities, facilitated partnerships and – most fundamental of all – inspiration for pupils and their teachers.

City of SanctuaryIn 2007 Sheffield City Council officially declared its support for a movement that is building a culture of hospitality for refugees and asylum seekers. In support of this pride in welcoming people in need of safety, a grant of almost £20,000 is helping to meet the salary and office expenses of a development worker to coordinate volunteer efforts.

Get HookedHaving been started by a Durham police officer (and keen fisherman) concerned about high levels of truancy and anti-social behaviour, this angling-focused charity now operates schemes in 16 locations to encourage the pastime among marginalised youth and train volunteer mentors. An £80,000 grant over two years will strengthen Get Hooked’s network and so expand the number of children benefiting from its activities.

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Environmental Law FoundationThis charity provides a unique link between people who require legal advice on environmental issues with the professionals willing to give that advice free of charge – worth an average value of £150,000 per year. A £105,000 grant over three years is enabling Environmental Law to expand its nationwide activities and employ an in-house lawyer.

Lyme Regis Development TrustThis Dorset town’s unrivalled setting and heritage are not always a blessing. The second-home market has put housing beyond the reach of many locals while seasonal employment reduces income to 17% below the national average. The Trust is tackling hidden deprivation in one of Britain’s most beautiful communities with a £98,000 grant over three years.

Campaign for Dark SkiesDue to encroaching light pollution, the beauty of the night sky has become a memory or a myth for much of the UK’s population. A £9,000 grant is helping the Campaign to raise awareness of skyglow and energy waste, strengthen links with official bodies responsible for lighting and publish an informative brochure.

London Youth Support TrustLondon is an expensive and intimidating place to start a business. For young entrepreneurs, the prospects are particularly daunting. A £92,000 grant over three years is helping the Trust by contributing towards the cost of a manager for a centre offering subsidised space and services geared to the needs of young business people.

Dandelion TrustA £25,000 grant is helping this children’s charity to run an alternative education programme for disadvantaged young people (as well as their parents or carers) at a traditional farm in Kent. This environment provides a temporary rural haven that encourages teamwork, engenders a sense of personal responsibility and fosters a nurturing attitude towards animals and the environment.

Forkbeard FantasyThis West Country-based company of film-makers is acclaimed for its multi-media and visual art exhibitions. With help from a £57,000 grant over three years Forkbeard will conduct a series of professional development programmes for as many as 342 artists and 15 companies. This programme is building on successful residential courses previously funded by the Foundation.




First TasteA taste for art or acquiring skills in creating it can never come too late. In Derbyshire, First Taste develops and delivers arts programmes tailored to the needs of older learners – some suffering from learning difficulties and dementia. A £60,000 grant over two years will fund 420 sessions for 300 people and 45 care workers in 14 care and nursing homes.

Porcupine MarineNamed for the 19th century vessel sailed by the pioneers of deep sea ecology, this natural history society has sought help in supporting a two-year research programme that will advance oceanic habitat classification, develop a model for identifying species at risk and improve monitoring and management. The Foundation grant provides £109,000 over two years.

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The Report


Chairman’s statement

The year 2007 was a year of change for the Foundation. As I reported last year, we embarked on a significant strategic review of our activities which resulted in the changes to our funding approach that are outlined in this report. The review was led by Dawn Austwick, with support from the staff team, and I thank them for their hard work on this.

This report demonstrates the breadth of the Foundation’s grant-making. We hope that our new funding approach - the Main Fund and the funding strands - enable us to further develop the range and quality of work that the Foundation supports.

At the end of the year, Rod Kent resigned as a Trustee of the Foundation after six years as a member of the board, the last four of which he chaired the Investment Committee. Rod has made a huge intellectual and personal commitment to the work of the Foundation during that time and, on behalf of all the Trustees, I warmly thank him for his contribution. We welcome Thomas Hughes-Hallett who has joined the the board.

Finally, the work we do is dependent on the commitment and expertise of our staff. We should extend thanks and good wishes to those who have left the Foundation during the year. Ron Clarke who left us after 11 years, rightfully heads that list, but Tricia Brown, Finella Boyle, Amanda Jones, Mairi Kennedy and Angela Wai have also made significant contributions to the Foundation.

We are delighted to welcome Claire Brown, Gina Crane and Matt Mayer to the team.

Tom Chandos,Chairman

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The Esmée Fairbairn Foundation aims to improve the quality of life throughout the UK. We do this by funding the charitable activities of organisations that have the ideas and ability to achieve change for the better. We take pride in supporting work that might otherwise be considered difficult to fund. Last year we committed approximately £25 million towards a wide range of work.

We now channel our funding through two routes:

Main FundOur Main Fund distributes about two-thirds of our funding. Responsive to shifts in demand, it supports work that focuses on the UK’s cultural life, education, the natural environment and enabling people who are disadvantaged to participate more fully in society. We are particularly interested in supporting work through the Main Fund that: > Addresses a significant gap in provision> Develops or strengthens good practice> Challenges convention or takes a risk in order to address a difficult issue> Tests out new ideas or practices> Takes an enterprising approach to achieving its aims> Sets out to influence policy or change behaviour more widely

StrandsWe also allocate funds to specific strands of work. These will change over time, but overall they express our desire to make a contribution in particular areas of interest. In January 2008 we launched three initial funding strands:

Biodiversity: supporting practical conservation action and the science which underpins it. The strand will focus on species and habitats that are uncharismatic or hard to fund and aims to support the development of effective conservation approaches.

Museum & Heritage Collections: focusing on time-limited collections work including research, documentation and conservation that is outside the scope of an organisation’s core resources.

New approaches to learning: devising, testing and disseminating new approaches to teaching and learning that address current and future challenges in state schools and pre-schools.

We additionally have a small Development Fund that we use to test out new ideas and approaches, for example piloting ideas for possible future funding strands, and a TASK (Trustees’ Areas of Special Knowledge) fund to support organisations whose work is known to individual Trustees.

In March 2008 we launched an additional strand:

Food: aims to promote an understanding of the role of food in enhancing quality of life. We anticipate supporting a mix of practical projects that have wide significance, and some research and policy based work.

In addition we have allocated £15million to invest in projects and organisations where we expect to see our funds recycled. This fund is not open to general applications.

Grant-making overview


Grant-making overview

2007 Value (£) No of projectsGrantsArts & Heritage 5,495,842 125 Education 5,168,780 124 Environment 6,583,754 131 Social Change 5,665,086 126 Cross-programme 621,775 4 Development Fund 671,432 9

Sub total 24,206,669 519

TASK grants 813,450 98Grants Plus additional administrationsupport † 187,858 n/a

Total 25,207,977Average grant size †† 46,148

Eligible applications received 1,405††† Successful applications 617 Detailed listing of grants are set out on pages 21-32 Grant-making by country £ per head of population

Scotland

Wales

England

Northern Ireland

UK-wide £0.14 ††††

£0.24

£0.30

£0.32

£0.33

† Refers to additional administration support (e.g. consultancy and business planning support) given to grant-holders.

†† Excludes Development Fund, TASK grants and Grants Plus administration

††† Note: the Foundation stopped receiving applications on 31 October 2007 in preparation for the launch of its new funding approach in January 2008.

†††† Grants covering two or more countries.

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Arts & Heritage Grants list

Grants approved over £20,000Organisation Amount (£)

Aberystwyth Arts Centre 85,187 Towards a new Residency Programme over three years for artists in the new creative business units.

Akademi South Asian Dance UK 58,600 Towards a programme to develop opportunities for South Asian dancers over two years and enhance the profile of contemporary South Asian Dance in the UK.

Alford and District Civic Trust Ltd 42,577 Towards core costs over three years to help ensure the future sustainability of the organisation.

Artes Mundi 75,000 Towards the costs over two years of developing and presenting two major exhibitions of visual arts in Wales.

Artsadmin 60,900 Towards the costs over three years of the Associate Artists Scheme supporting the career development of 18 emerging and mid-career artists from across the UK.

Artsmatrix Ltd 66,000 Towards a professional development programme over 18 months for established craft-makers in the South West.

Association of Independent Museums 233,000 Towards a three-year grants scheme to improve the sustainability of independent museums.

Battersea Arts Centre 75,000 Towards the costs over three years of a development programme for emerging artists.

Bury St Edmunds Art Gallery 46,000 Towards the salary of a part-time craft development curator and contribution towards programme costs over three years to expand and develop the contemporary craft programme.

Cape Farewell 88,000 Towards core financial and administrative support over two years to enable artists to create new work reflecting on climate change.

Citizens Theatre 99,421 Towards bursaries for three trainee women directors over three years.

Contemporary Temporary Artspace 56,750 Towards a new part-time professional development post and associated costs over three years.

Council for British Archaeology 64,397 Towards the salary of a community conservation officer and the costs of a programme over three years providing training and guidance to volunteer groups.

Creu Cymru 165,000 Towards the costs of a programme over three years to improve programming and marketing, and create a cohesive touring network in mid-scale venues across Wales.

Dance City 100,000 Towards a programme of performances over two years at Dance City and the tour of an existing work.

Derbyshire County Council 26,000 Towards a programme of site-specific contemporary art projects across Derbyshire over two years.

Design Centre North Ltd 60,000 Towards developing the skills base of the organisation’s core staff in curating and touring exhibitions.

Design Museum 90,000 Towards a programme of support for 15 emerging designers over two years.

Edinburgh Sculpture Workshop 45,858 Towards a professional development programme over 18 months to provide professional and affordable training and skills development for artists in Scotland.

English Stage Company Ltd 31,452 Towards a programme of professional development for 24 emerging writers and directors across the UK.

English Touring Opera 60,000 Towards the costs over two years of a regional audience development initiative and a contribution to touring costs.

Fitzwilliam Museum 69,178 Towards the salary of a conservator over four years to repair and conserve 10,000 rare printed books.

Forkbeard Fantasy 56,800 Towards costs over three years of a Professional Development Programme for artists.

Gallery Oldham 32,950 Towards the costs of creating and touring ‘Creative Tension II’ over two years to continue the work of the regional touring circuit established through the Regional Museums Initiative.

Hall for Cornwall Trust Ltd 170,075 Towards a major programme of work over three years involving the professional development of artists and the creation of new work.

Harewood House Trust 38,900 Towards the costs of restoring the east bedroom, including the conservation and re-hanging of the 18th century Chinese wallpaper to highlight the role of oriental and Chinoiserie decoration in the country house in the mid-eighteenth century.

Hebrides Ensemble Ltd 55,750 Towards core costs over three years to produce and tour new contemporary music and music theatre to audiences throughout Scotland.

Holgate Windmill Preservation Society 66,580 Towards the restoration costs of a Grade II eighteenth century windmill.

Institute of International Visual Arts 30,000 Towards core costs to build capacity as the organisation enters a period of rapid growth following its move into a new building.

Ipswich and Diss Monthly Meeting United Charities 70,020 Towards the restoration of the balcony and ceiling of the 1749 Bury St Edmunds Quaker Meeting House.

Lincoln Cathedral Preservation Council 60,950 Towards the conservation and display of the north run of a Romanesque frieze.

Locws International 88,992 Towards the salary of a project manager and core costs over three years for a visual arts biennial exhibition in Swansea.

London Artists Projects Ltd 58,500 Towards the costs over three years of building the organisation’s skills and capacity.

Museum of Law Trust Company 91,598 Towards the salary and associated costs over three years of a new curator post to interpret and increase access to a national collection.

National Museum Wales 90,000 Towards a series of projects over three years providing greater access to Wales’ national art collections.

Oban War and Peace Museum 49,500 Towards the salary over three years of a documentation officer to enable the museum to document its collection to the standard required for accreditation.

Painswick Rococo Garden 27,000 Towards the costs of restoring the Red House to preserve the historical and architecturally significant grade II* listed 18th century Georgian rococo building for public access.

Plymouth City Museum 66,550 Towards the salary of a project assistant for two years plus translation costs to research and display the St. Aubyn collection of minerals and herbaria.

Project Ability 23,380 Towards the creation of artwork for an exhibition by disabled and non- disabled artists.

2007 was the final year of the Foundation organising its grant-making through four programme groups: Arts & Heritage, Education, Environment, Social Change: Enterprise and Independence. The grants listing in this report is by programme group.


Arts & Heritage Grants list

Rambert Dance Company Ltd 72,455 Towards the costs of the choreographic workshop programme over three years to develop dancers’ choreographic skills.

Ruthin Craft Centre 150,000 Towards transitional costs in the Centre’s first three years of re-opening to improve programmes and collaborate with national and international partners.

Scottish Sculpture Workshop 78,000 Towards a programme of residencies over three years for visual artists, resulting in new work for presentation to audiences across the UK.

Sedbergh & District Arts & Heritage Trust 50,000 Towards a new part-time exhibitions and audience development officer and associated costs to deliver an enhanced programme, particularly in the field of textiles.

Shakespeare at the Tobacco Factory 40,000 Towards core costs to present three annual seasons of classic plays.

Sheffield Contemporary Art Forum Ltd 39,000 Towards the creation and exhibition of ten new art works by emerging artists.

Siobhan Davies Dance Company 120,000 Towards the development of the company’s artistic programme over three years during a period of organisational change.

Slough Museum 42,674 Towards additional staff for two years to enable marketing and fundraising activities, plus running costs for one year.

South East Dance 87,335 Towards a range of professional development activity over two years for artists specialising in screen dance to increase skill levels and the standard and diversity of the work.

Southend-on-Sea Borough Council 47,950 Towards the fees and direct costs over two years of a residency programme for three UK artists.

Stagetext 80,012 Towards developing a service providing access for deaf and hard of hearing people to live tours and talks in museums, galleries and heritage institutions.

Storey Art Gallery 80,275 Towards the costs of a programme manager over three years to deliver an expanded programme.

Suffolk Building Preservation Trust Ltd 53,380 Towards the restoration of the Mill House kitchen at Pakenham Water Mill.

Tatton Park Trust 35,970 Towards a new programme of art in which three artists-in-residence will create work responding to the historic mansion and parklands.

The Belmont Trust 45,000 Towards the restoration costs of the interior of a Category A listed Georgian house on the Shetland Isle of Unst.

The Bronte Society 91,718 Towards enabling the organisation to develop it’s plan for sustainability over three years.

The Georgian Theatre Royal 60,000 Towards core costs and staff salaries over three years to develop the programme.

The Playhouse 27,500 Towards production and touring costs over three years for four new plays by writers resident in Northern Ireland.

Victoria & Albert Museum 89,241 Towards three artists’ residencies and a contribution to associated staff costs over three and a half years as part of a new programme.

Void Arts Centre 50,000 Towards the manager’s salary over two years to promote contemporary art through exhibition programmes and related activities.

Whitechapel Gallery 87,479 Towards project costs to enable curators to learn new skills through an off-site project in 2008 prior to the opening of the expanded gallery in 2009.

Wiltshire Music Centre Trust Ltd 99,000 Towards the development of the future sustainability of the centre over three years.

Wirral Metropolitan Borough Council 42,421 Towards costs to research and create an exhibition illustrating the importance of the AH Lee and Sons collection at the Williamson Art Gallery and Museum.

Wordsworth Trust 150,000 Towards bridging the shortfall in core funds over three years until the Trust’s new business model is fully implemented.

York Museums Trust 60,000 Towards production and touring costs to create the Gallery’s first international loans exhibition and tour it to three venues across the UK. Grants approved upto £20,000 Organisation Amount (£)

Anurekha Ghosh and Company 19,900

Arts Marketing Association 19,535

ArtsMill 3,570

Ascendance Rep Ltd 20,000

Beaconsfield 18,228

Belfast Print Workshop 16,130

Birds of Paradise Theatre Company 9,892

Bristol Aero Collection 20,000

Caithness Horizons Collections Trust 6,657

City Arts Trust 20,000

Clore Duffield Foundation 10,000

Coventry Artspace Ltd 20,000

Deveron Arts 8,000

Ditchling Museum 18,402

Fermynwoods Contemporary Arts 17,500

GeoData Institute, University of Southampton 20,000

Hatton Gallery 17,700

Hidden Art 1,622

HMS Trincomalee Trust 19,500

John Rylands University Library 20,000

Kilmartin House Trust 19,000

Llangollen Railway Trust 19,250

Mansfield Traquair Trust 5,000

Meadow Gallery 14,000

Metropolitan Cathedral of Christ The King, Liverpool 15,000

National Archives 5,600

National Glass Centre 20,000

Northern Gallery for Contemporary Art 19,555

Opera Circus Ltd 18,000

Orchestras Live 20,000

Oxfordshire Touring Theatre Company 10,700

Penpont Artists 1,750

PRS Foundation 20,000

Radstock Museum 20,000

Rednile Projects Ltd 13,718

Rejects Revenge Theatre Company Ltd 20,000

Royal Cornwall Museum 19,703

Ryedale Folk Museum 14,250

S1 Artspace/Projects 8,175

Salon Art 20,000

Service to the Arts in Leeds 6,000

Southbank Sinfonia 19,950

Square Chapel Trust 20,000

Suffolk Craft Society 20,000

Suspect Culture 15,000

Tete a Tete Productions Ltd 20,000

The Actors Centre 19,261

The Film and Video Workshop 18,000

The Follies Trust 19,800

The Hand Engravers Association of Great Britain 15,297

The Horsebridge Arts and Community Centre 16,533

The Jerwood Charitable Foundation 20,000

The Literary and Philosophical Society of Newcastle Upon Tyne 7,780

The Space4 Gallery 19,000

Theatre Cryptic Ltd 18,759

Touchdown Dance 17,000

Unicorn Preservation Society 14,000

Voluntary Arts Wales 20,000

Watermill Theatre 12,200

Westray Heritage Trust 1,650

Wonderful Beast Ltd 10,000 Total 5,495,842 No of Grants 125


23

Education Grants list

5x5x5 60,000 Towards the salary of the co-ordinator over three years to support the expansion of early years’ development work in the arts in 35 settings in the South West of England.

Auditory Verbal UK 90,000 Towards the salary of a family liaison officer over three years to offer specialised support to help children with hearing impairments.

Baytree Centre 58,960 Towards a tutor, creche, evaluation and other associated project costs to improve the literacy and speaking skills of 40 hard to reach female learners in the London Borough of Lambeth by evaluating a new teaching approach.

Birkbeck College 200,000 Towards outreach and curriculum elements designed to extend higher education to hard-to-reach adults by taking Birkbeck’s programme to East London over four years.

Campaign for Learning 175,835 Towards the salary of a project manager, administration costs and project materials to develop the capacity of small voluntary organisations to deliver family learning programmes.

Canterbury Christ Church/United Kingdom Literacy Association 75,986 Towards project and staffing costs to improve teachers’ knowledge and experience of literature.

Centre for Innovation in Mathematics Teaching 85,000 Towards professional development materials for teachers of Maths.

Clean Break Theatre Company 150,000 Towards the delivery of tailored learning programmes over three years for 150 female ex-offenders.

Early Education 59,747 Towards the salary of a project director over fifteen months to support the development of talking skills in children under five (with learning difficulties) and English as their second language.

Eastfeast 60,000 Towards the costs of a programme exploring use of outdoor space for teaching in primary schools.

Family Links 54,941 Towards the costs of a randomised control trial of the Family Links parenting programme.

First Taste 60,000 Towards the costs over two years of running 30 sessions in 14 care homes plus evaluation costs, and to offer informal intergenerational learning opportunities for about 300 hard to reach older people, 45 care workers and 72 secondary aged children in Derbyshire.

Jacari 37,330 Towards the salary of a co-ordinator to expand the organisation’s reach over two years to improve the literacy, language, communication and social skills of 800 BME children in Oxford who do not speak English as their first language.

Kids 75,000 Towards the salaries of five transitional workers across five regions to support 60 children making educational transitions nationally.

KPMG Foundation 250,000 Towards the costs of a literacy programme for children aged 5-11 with reading difficulties in England and Wales.

Lifeskills 40,125 Towards the salary of the project co-ordinator over two years to support a programme for 50 young people at risk of exclusion.

London Borough of Barking and Dagenham Council 73,673 Towards the salary of a project manager, training of teachers, consultancy fees, and the production of a video to improve teaching skills of teachers in running classroom talk.

London Symphony Orchestra Ltd 45,000 Towards musician and workshop leader fees and celebratory performance costs to offer 160 people with learning difficulties informal music learning opportunities.

Mentoring for Educational Achievement 44,296 Towards the salary costs of a lead mentor, resources and volunteer expenses over two years to raise aspirations and achievements of 135 young people annually.

Moving On With Life & Learning 74,622 Towards the salary of a part-time tutor over three years to work with students who are excluded from statutory provision and to develop a programme of learning to improve communication and life skills for 20 adults with learning disabilities, using a person-centred approach and involving peer advocates to build students’ self-confidence.

National Foundation for Educational Research 90,000 Towards the costs of running a version of HEARTS in 2008-9 with six more higher education institutions.

New Education Trust 100,000 Towards the costs of staff and infrastructure to deliver a programme over three years to improve the social skills and emotional wellbeing of young people who are not confident learners and to assess which children need support to help improve their behaviour.

Northern Ireland Childminding Association 44,576 Towards the salary of a part-time co-ordinator over two years to research, develop and evaluate training for childminders to meet children’s learning and development needs.

Northern Ireland Council for Integrated Education 168,000 Towards the salary and running costs of a programme of professional development, and materials to establish a pilot project to support teachers build up a set of skills and competencies in dealing with diversity.

P3 42,679 Towards the salary of an exclusion worker over two years to enable 100 young people excluded from school to re-engage with education.

PAMIS/Profound & Multiple Impairment Service 60,027 Towards the salary of the director over two years to improve educational opportunities for 500 young people with profound and multiple disabilities in Scotland.

Post Adoption Centre 90,000 Towards the salary of a part-time project worker over three years to improve the behaviour of adopted schoolchildren so that they can increase educational attainment.

Prisoners’ Education Trust 60,000 Towards the salary and running costs of a policy, research and training manager to champion the vital role learning plays in the successful resettlement of offenders by acting as an information exchange, developing policy and engaging in research and training.

RISE 51,073 Towards project costs to provide an up-to-date analysis of secondary school admissions criteria and practices in England for admissions in 2008/09 in light of the new legislative and regulatory context.

Safe Ground Ltd 75,000 Towards training for organisations delivering personal development and family learning for male prisoners.

Sainsbury Family Charitable Trusts 30,000 Towards the core costs of the British Dyslexic Association.

School-Home Support 151,494 Towards a development manager to grow new earned income streams through the marketing of new training and consultancy programmes and the implementation of quality assurance and impact evaluation plans.

Scottish Adult Learning Partnership 90,000 Towards the salaries over two years of three staff and to recruit 600 ‘hard to reach’ people to local learning opportunities by creating opportunities for existing learners to become promoters of learning.

Screenreader.net CIC 55,000 Towards providing 4,000 people with learning difficulties access to a talking computer that will interface with existing learning disabilities educational software.

Shakespeare Schools Festival 30,000 Towards the resources and support required to enable the participation of 30 special schools in the Shakespeare Schools Festival 2008.

Stonewall 68,727 Towards the salary of an education co-ordinator to provide training to teachers and to develop policy and practice to reduce homophobic bullying in schools in 57 local authorities.



Education Grants list

Survivors’ Poetry 60,000 Towards the salary of a project co-ordinator over two years to run a poetry mentoring scheme for 60 adults with mental health difficulties to support and encourage 25-30 emerging writers to enter the wider literary community and help train other members of the organisation.

The Brightside Trust 40,000 Towards the costs over two years of developing an online mentoring/learning programme to raise levels of educational achievement among children in care.

The Campaign for Drawing 81,000 Towards the salary of the director over three years for the preparation and production of training materials and the maintenance of a digital archive.

UK Career Academy Foundation 200,000 Towards project costs over three years to enhance the quality of vocational education for young people aged 16-19 in the UK.

UK Youth 250,000 Towards the costs of the curriculum development officer and project costs over three years to support the development of new provision for schools excludees in Hampshire.

University of Birmingham School of Education 48,757 Towards research, administration, training and DVD development costs to increase the number of literacy resources and activities for children/adults with severe learning disabilities in public libraries nationally.

University of Cambridge 53,371 Towards the salary of a an additional research associate for the duration of The Primary Review, and some additional project costs.

University of Chichester 35,000 Towards the salary of a researcher and evaluation costs to extend and evaluate a story telling programme that aims to develop the reading skills of 180 primary aged children with severe behaviour and literacy problems, from 30 schools and to improve their relationships with their parents/carers.

WAC Performing Arts & Media College 95,509 Towards the salaries of a project co-ordinator and tutor, management and other course delivery costs over three years to enable 40 young adults not in education, employment or training to re-engage with learning and successfully enter further education, apprenticeship or employment.

Wai Yin Chinese Women Society 60,614 Towards the salary of a family learning co-ordinator and part-time tutor over two years to run 10 hours per week of classes for 38 weeks per year to provide learning opportunities for Chinese parents and carers in Greater Manchester.

Willow, The North Hull Women’s Centre 42,409 Towards the salary of a part-time women’s support worker to improve the confidence and skill levels of Black and Minority Ethnic women and to raise the community’s understanding of BME groups.

Willowfield Parish Community Association 45,000 Towards the salaries of a family support worker and children’s worker to run the programmes over three years, and some resource costs to help 400 disadvantaged families better support their children’s learning. Grants approved upto £20,000 Organisation Amount (£)

Association for Education and Ageing 19,500

Barons Court Community CLIC 13,132

Bradford City Farm 9,997

Camden Women’s Aid 11,722

Capacity Consultants 11,950

Carnegie UK Trust 9,900

Centre for Literacy in Primary Education 19,250

Children’s World Charity 18,900

Creative Connections 11,017

Darnall Forum 20,000

Diversity Hub 20,000

Double Elephant Print Workshop 8,367

Downright Excellent 15,000

Greenwich & Lewisham Young `

People’s Theatre 19,898

Harmony Training Ltd 9,000

Human Scale Education 7,000

Institute for Philanthropy 10,000

Institute of Education 19,640

Involve 18,000

Involve - Voluntary Action in Mid Devon 19,984

Island House Community Centre 20,000

Joseph Rowntree Charitable Trust 15,000

Kensington Housing Trust 20,000

Kidscape 20,000

Lancashire Global Education Centre 20,000

LCDP 19,966

Learn English at Home 20,000

Llanhilleth Institute 13,942

London Centre for Leadership in Learning 20,000

Manchester Metropolitan University 20,000

Migrants Resource Centre 20,000

Music and the Deaf 8,900

National Education Trust 18,000

National Foundation for Educational Research 3,550

National Institute of Adult

Continuing Education (NIACE) 8,214

Network for Teaching Entrepreneurship 19,800

Nippa - The Early Years Organisation 7,500

North Staffs Special Adventure Playground 20,000

North Tyneside District Disability Forum 20,000

Open Roads To Learning 20,000

Outlook Training Organisation 8,800

Oxford Brookes University 18,970

Peaceworks 20,000

Pilton Equalities Project 20,000

Re-Entry 20,000

Remembering Education 640

Research Autism 9,411

Royal Institution of Great Britain 20,000

SAPERE 20,000

Sherbourne Youth Resource Centre 20,000

South London Refugee Association 20,000

St John with St Mark C E Primary School 20,000

Synectics Education Initiative 19,500

The Charterhouse Group 19,500

The Cooke e-Learning Foundation 19,750

The Dandelion Trust for Children 20,000

The Edge Foundation 2,000

The Edge Foundation 20,000

The Foundation for Social and Economic Thinking 20,000

The Garden Science Trust 10,084

The Lighthouse Group 19,138

The Pentalk Network Ltd 20,000

The Performing Arts Labs Ltd 1,000

The Phoenix Education Trust 20,000

The Phoenix Education Trust 10,000

The Pilgrims’ Association 19,950

The Reader 20,000

The Score Project 12,375

The Skillshop Ltd 10,000

The World Food Project 5,980

Tower Hamlets Parents Centre 12,500

Toxteth Learning 20,000

TreeHouse 10,000

Universal Leonardo 20,000

Waltham Forest Bilingual Group 3,302

Wingate & Station Town Family Centre 20,000 Total 5,168,780 No of Grants 124


25

Environment Grants list

Association of Rivers Trusts 40,000 Towards core funding over two years to bring initiatives together to restore and protect river ecosystems in England, Wales and Northern Ireland by supporting local community river initiatives and providing guidance to new and emerging river trusts.

British Dragonfly Society 75,000 Towards the salaries and costs over three years of a database officer and a conservation officer to continue conservation work, achieve a long-term sustainable programme of volunteer recording activities and data on dragonflies and their habitats.

Bumblebee Conservation Trust 97,000 Towards a conservation officer over three years to engage in outreach work with schools, farmers, land managers and nature reserve wardens to promote awareness of the plight of British Bumblebees and encourage changes in land management practices to prevent further declines in bumblebee populations.

Carbon Disclosure Project Ltd 90,900 Towards the salary of a chief financial officer and assistant to the executive team to support improved disclosure, reduce carbon emissions from the corporate sector and strengthen CDP as an organisation.

ClientEarth 75,000 Towards the salary and related expenses of a lawyer over three years to carry out work on environmental policy law to promote robust environmental laws and ensure their just administration.

Council for National Parks 30,334 Towards specialist expertise in membership development, to improve the organisation’s communication tools and to pilot a membership development strategy to ensure the long term sustainability of the organisation.

Cumbria Biodiversity Partnership 105,000 Towards the salary of an ecologist and an advisor over three years to protect and improve the condition of hay meadows in Cumbria.

Derbyshire Wildlife Trust 28,000 Towards the salary of a project manager and the costs of developing a pilot local grazing scheme, seed supply scheme, landowner liaison work, supporting volunteers and to stop the loss of wildflower meadows by developing innovative ways of helping landowners to manage their meadows positively and gain economic benefit from them.

Ecological Continuity Trust 40,000 Towards fundraising support and start up costs to set the new organisation on a secure institutional base for long-term ecological experiments in the UK.

Ecotrust 46,500 Towards salaries and other expenses over nineteen months associated with research and outreach activities conducted by the UK partners to fulfil, evaluate and compare the major lifecycle environmental and social impacts associated with the production of farmed and wild-caught salmon for human consumption.

Eden Rivers Trust 72,846 Towards the salary of a part-time fisheries biologist over three years to naturally increase and sustain the wild trout population in the River Eden by undertaking investigation, implementing practical work, monitoring effects and disseminating best practice.

Environmental Law Foundation 105,000 Towards an enhanced advice and referral service over three years to provide a service linking together people who need legal advice on environmental issues, to a network of lawyers and consultants who provide free advice.

European Federation for Transport and Environment 47,140 Towards buying and analysing industry sales data over two years and publicising progress made by major carmakers to improve fuel economy and to campaign for legally-binding fuel economy standards in order to reduce CO2 emissions from cars.

Fairshare Educational Foundation 74,000 Towards core costs over three years to work with the UK’s £860 billion pension fund sector and the £7 trillion fund management sector in social and environmental issues.

Farming & Wildlife Advisory Group (FAWG) 70,000 Towards staff costs over two years to continue to develop FWAG’s services for farmers and landowners and to assist Northern Ireland farmers to deliver biodiversity gain and environmental improvement for their farms and the wider environment.

Flora Locale 151,254 Towards the salary of a project officer over three years to promote restoration of wild flower grasslands (wild meadows).

Forest Peoples Programme 40,730 Towards the costs of the Shrink Project co-ordinator over two years, to engage with 20 major UK companies to motivate and assist substantial reductions in paper use.

GM Freeze 70,000 Towards staff and running costs over two years to ensure that sustainable development is at the heart of decision making about the use of GM technology in food and farming.

IPPR 86,500 Towards the costs of conducting the research, including commissioning papers, a deliberative forum, interviews, staff and publication costs to assess whether the Government should seek the adoption of personal carbon trading to reduce the UK’s carbon dioxide emissions; and, if so, how?

Lancashire Wildlife Trust 49,023 Towards the costs over three years of the Northwest Lowland Water Vole Project, which aims to protect existing populations of water vole, develop habitat corridors and control predation of this threatened species throughout Lancashire.

Lincolnshire Wildlife Trust 62,499 Towards a part-time environmental land management officer over three years to guide and encourage farmers in priority areas to support the preservation and re-creation of endangered grazing marshes in coastal Lincolnshire and to conserve, restore and re-create coastal grazing marsh.

London Cycling Campaign Ltd 67,500 Towards the development costs over three years associated with the organisational improvement projects, with a contribution to the staff costs, to promote cycling in Greater London.

Norfolk Wildlife Trust 90,000 Towards the salary of a new post and associated costs for a project officer over three years to recreate 70 hectares of core heathland on a former conifer plantation, contributing to Biodiversity Action Plan targets as part of Norfolk’s ecological network.

North Pennines AONB Partnership 132,000 Towards the costs of blocking 80km of peatland grips for the positive impact on biodiversity and hydrology in the area to restore priority habitat areas and reduce carbon emissions.

Open University 126,999 Towards revised management plans, and production of a practical handbook to conserve and enhance the UK’s remaining floodplain meadows through a better understanding of the processes that sustain them.

Policy Studies Institute 432,810 Towards staff and associated costs over twenty-seven months of a green tax commission for the UK large-scale introduction of green taxation.

Population and Sustainability Network 30,000 Towards the salary of a part-time project officer over two years to introduce greater rigour to the organisation’s advocacy and communication work, in order to increase effectiveness and reach.

Porcupine Marine Natural History Society 109,128 Towards the costs of four scientists’ research over 28 months; to promote conservation of deep sea biodiversity by developing practical solutions that improve sustainability of fishing and other human uses of deep sea regions.

Scottish Environment LINK 93,000 Towards the salaries and associated costs over two years of two Marine Bill orientated posts to help deliver a fit-for-purpose marine bill for Scotland, including marine spatial planning and proper protection for marine life.



Environment Grants list

Sheffield Wildlife Trust 100,468 Towards the staff costs over two years of the waterways biodiversity programme in Sheffield and Rotherham to preserve and develop the biodiversity of local waterways.

Sherwood Forest Trust 120,000 Towards the salary of the CEO over three years to deliver across Sherwood Forest’s Natural Character Area, landscape level habitat work, reducing fragmentation, encouraging endangered Sherwood species and involving communities in Sherwood’s countryside and culture.

Small Woods Association 61,500 Towards the salary of a project officer over three years to secure the long term management of existing coppice woodlands and create new ones through the co-ordination of local coppice groups and landowners.

The British Association for Shooting and Conservation 51,670 Towards the co-ordinator of the Green Shoots project over three years, which aims to maintain and enhance the biodiversity of wildlife on land owned by the organisation’s members and contribute to the Cheshire Local Biodiversity Action Plan.

The Carbon Performance Centre, Glasgow Caledonian University 31,000 Towards performance benchmarks to drive substantial emissions reduction activity by companies.

The Climate Group 95,570 Towards the design, implementation and ongoing support for systems that will improve the organisation’s ability to communicate with colleagues, partners and beneficiaries.

The Cotswold Water Park Society Ltd 96,000 Towards the core costs of the biodiversity team over three years to deliver significant biodiversity gains as part of a 20-year project to create a corridor of new habitats.

The Dalriada Project 30,000 Towards the practical conservation work to facilitate habitat management in native woodlands, predominantly removing invasive species and allowing regeneration to protect, connect and restore over 230 hectares of native woodland habitat within the Dalriada area of mid-Argyll over the next two years.

The Global Commons Trust 50,000 Towards the core costs over three years to support the objectives of bringing all governments to a common account of carbon neutrality as required by the UN climate convention.

The Herpetological Conservation Trust 179,000 Towards the Widespread Amphibian and Reptile Project over three years to further the conservation of widespread amphibian and reptile species throughout the UK.

The Marine Biological Association of the UK 143,000 Towards a generation of key ecological data on migratory fish species in UK water over three years, to aid their conservation and recovery by underpinning Biodiversity Action Plans.

The Noise Association 39,000 Towards a publication documenting how rural road noise affects people’s lives.

The Royal Horticultural Society 66,000 Towards salary and costs of a regional advisor over two years to support the campaign for School Gardening, encouraging, inspiring and facilitating horticulture in schools across the UK.

The Wildscreen Trust 46,000 Towards the salary and costs of the ARKive Director’s position for a single year to promote the public understanding of biodiversity and the need for its conservation by using the power of wildlife imagery.

Transition Network 30,500 Towards the salary of a training professional to devise, co-ordinate and deliver a range of courses to support community-led Transition Initiatives to help communities in the UK and Ireland to prepare for and mitigate the effects of climate change and peak oil through community led initiatives.

Transition Town Totnes Ltd 39,000 Towards the salary of an energy descent plan co-ordinator and an advisor to increase the resilience and sustainability of Totnes and environs by reducing energy and resource use.

Tweed Forum Ltd 69,000 Towards the ongoing invasive plant control programme over three years to eradicate invasive Giant Hogweed and Japanese Knotweed from the Tweed catchment and to improve the habitat and biodiversity to demonstrate best practice in invasive species control.

UK Overseas Territories Conservation Forum (UKOTCF) 99,750 Towards organisational core costs over three years, to enable UKOTCF to support its local partner organisations in UK territories to achieve conservation of globally important biodiversity.

Ulster Wildlife Trust 91,904 Towards two policy officers over two years to deliver a fit-for-purpose Marine Bill for Northern Ireland.

Westcountry Rivers Trust 97,982 Towards developing and implementing a strategy over three years for managing invasive weeds in the Camel catchment special area of conservation, which will underpin national policy management and treatment of invasive weeds and the collation and dissemination of findings.

Wild Trout Trust 75,000 Towards the salary of a conservation programme manager and running costs over two years to improve the quality of urban rivers for the benefit of trout and other wildlife.

Wildfowl & Wetlands Trust (WWT) 100,000 Towards the salary of the director of conservation over 30 months to co-ordinate WWT’s conservation work and raise their profile in conservation policy making.

Wildlife and Countryside Link 75,226 Towards the cost of a marine policy and campaign co-ordinator over three years, to deliver a fit-for-purpose Marine Bill.

Wildlife Trust Wales Office 75,000 Towards the salaries of three posts over three years to deliver and implement the Marine Bill in Wales.

WWF-UK 170,000 Towards the creation of a fund over two years to support the enactment of the proposed Marine Bill.

Wye & Usk Foundation 94,000 Towards the costs over three years to map out and eradicate invasive weeds, plus a campaign to involve stakeholders in their awareness, detection and ongoing management in the Usk and Wye catchments.

Yorkshire Dales Millennium Trust 60,000 Towards eradicating American signal crayfish from the Ribble catchment to protect native white clawed crayfish and the wider habitat.

Yorkshire Wildlife Trust 93,300 Towards building the Trust’s capacity over 16 months to deliver its mission including support for membership database, data sets and salary costs.

Zoological Society of London 271,950 Towards the costs of the SRLI co-ordinator salary, internships and report production for the completion of butterfly and mollusc assessments and assessment of four new taxonomic groups over two years, as part of the Sampled Red List Index Project. Grants approved upto £20,000 Organisation Amount (£)

Action for a Global Climate Community 20,000

Ayrshire River Trust 19,190

Community of Arran Seabed Trust 20,000

Cromarty Firth Fishery Trust 20,000

Deveron Bogie & Isla Rivers Trust 19,650

EcoNexus 19,100

Energy Saving Day 15,000

European Squirrel Initiative 20,000

Forward Scotland 9,500

Green Alliance Trust 5,875

Green Thing Ltd 20,000

Lochaber Fisheries Trust 11,400

Natural History Museum 18,888

Road Sense 10,000

Ruralnet 7,530


27

Tay Foundation 19,500

The Tubney Charitable Trust 20,000

Third Generation Environmentalism Ltd 2,292

Transition Town Lewes 20,000

Association for Environment

Conscious Building 20,000

Aviation Environment Federation 10,000

Beech Croft Road Residents Group 11,320

Blooming Futures Ltd 20,000

Botanical Society of the British Isles 1,700

Brecknock Farmers Market 10,938

Campaign for Dark Skies 9,000

Carbon Disclosure Project Ltd 20,000

Carbon Disclosure Project Ltd 4,112

Centre for Alternative Technology Charity Ltd 5,000

Centre for Human Ecology 7,625

Chatham House 8,000

City University 20,000

Cool Earth 20,000

Cwm Harry Land Trust Ltd 10,000

East Malling Research 19,748

Environmental Law Foundation 7,350

Federation of City Farms and Community Gardens 19,900

Fife Harca Ltd 2,717

Friends of the Earth Trust 20,000

Going Carbon Neutral Riverside 3,195

green.tv 18,300

Heron Corn Mill - Beetham Trust 20,000

IC Consultants Ltd 19,800

IFEES 20,000

Lewis and Harris Horticultural Producers 15,000

Lifeisland 10,000

Lune Habitat Group 16,000

Modus Vivendi Ltd 20,000

National Society for Clean Air & Environmental Protection 3,200

Nuffield Farming Scholarship Trust 15,000

School of Biological Science, University of Plymouth 4,633

School of Law, University of Bristol 19,987

Scottish Native Woods 16,840

South Downs Campaign 12,620

South West Wildlife Trusts 9,400

St Abbs & Eyemouth Voluntary Marine Reserve 13,600

Sussex Pony Grazing and Conservation Trust 10,000

Task 37 (UK) Ltd 15,000

The Baring Foundation 20,000

The English Hedgerow Trust 14,000

The Environment Foundation 5,000

The Royal Society for the Encouragement of Arts (RSA) 18,000

The West Wales Eco Centre 20,000

Transition Penwith 20,000

Transport 2000 Trust 10,000

VERTIC 20,000

Wales Environment Link 10,000

Wildlife and Countryside Link 20,000

Zoological Society of London 20,000 Total 6,074,893 No of Grants 127

Plantlife International 120,812 Towards the costs over two and a half years of a project to counter the spread of invasive non-native plant species in England and Wales.

Rivers and Fisheries Trusts of Scotland 103,000 Towards the salary of a programme co-ordinator and the costs associated with developing bio-security plans and the control of existing non-native populations around Scotland over three years.

SAMS 126,000 Towards a rigorous assessment over three years of the risk of introduction associated with hull fouling and unintentional aquaculture activity; determining most effective methods for early detection and control; continuation of the reporting system established by MARLIN to protect native biodiversity from the impacts of marine invasive non-native species that enter the UK marine environment via hull fouling and unintentional aquaculture activity.

The Wildlife Conservation Research Unit 159,049 Towards work over three years that will map white-claw cray fish distribution and density in the Upper Thames area and devise effective conservation strategies for invasive species to provide the necessary knowledge and tools to manage more effectively the ecological and socio-economic impacts of the invasive Signal Crayfish. Total 508,861 No of Grants 4

Grants approved upto £20,000 Organisation Amount (£)

Organisation Amount (£)

UK BiodiversityProgramme


Social Change: Enterprise and Independence Grants list

Active Change Foundation 50,000 Towards the salary of the co-ordinator and costs over two years to improve the quality of life for young Muslim men and women and the wider community, reduce intergenerational gaps and exclusion, and support people into education and work.

Advice Services Alliance 41,670 Towards the costs over 16 months of researching, designing, consulting upon and evaluating a toolkit that will improve the standard of legal information to the public.

Amicus Vision 60,000 Towards the salary of a project manager over three years to alleviate social and financial exclusion by providing 1,000 low-income households with access to affordable furniture and white goods each year and work to increase financial sustainability.

Barton Community Association 71,850 Towards the salary of the café manager over three years to develop a community cafe as a self-sustaining social enterprise which will provide a hub for social cohesion, local training and employment opportunities.

Beulah Scotland 77,273 Towards van driver and retail assistant salaries over three years at an East End furniture project, delivering 400 tonnes of furniture from landfill and provide 60 employment training and volunteer placements.

Bolton Business Ventures Ltd 53,000 Towards loan/outreach officer salary costs over two years to support people from disadvantaged communities and groups to start new businesses by providing finance where they are unable to borrow capital from other sources.

Bolton STEPS 48,000 Towards the catering development manager salary over two years, to train and offer work placements for 100 people, to return 16 people back into employment and 20 into further education all of whom have mental health problems.

Brent Homeless User Group 53,259 Towards the salary and costs of a project manager over two years to build

‘Community Insight’ into a self sustaining enterprise providing meaningful opportunities for homeless people.

Bridges Project 62,720 Towards the shortfall of Way2Work Scheme costs over three years to develop the employability skills of disadvantaged young people in East Lothian and Midlothian using work practice placements with employers.

Children and Young People’s Empowerment Project 33,248 Towards the costs over two years of developing a consultancy, including the salary of the funding development manager, to increase the number of children and young people trained in participation, engaged with decision makers and involved in communities of multiple deprivation.

Citizens Advice Bureau Oxford 36,500 Towards the salary of an advice session supervisor and prisoner training costs and to continue support for the prison partnership which provides training for prisoner volunteers to provide advice to the public.

Community Retailing Network Ltd 74,217 Towards the costs over two years of providing support to existing and new community-owned retailing outlets in Scotland.

Compass (Peterborough) Ltd 151,076 Towards the salaries over two years of the operations director and accounts assistant together with the fees for an independent financial controller to improve financial reporting, strengthen the management team and improve financial control, in order to consolidate the organisation and increase profitability to fund future expansion.

Craghead Development Trust 90,000 Towards core costs over three years especially the manager’s salary to accelerate the growth of this rural development trust.

Derby Loans (IPS) Ltd 70,000 Towards core costs over three years to make affordable credit available to financially excluded personal customers in deprived areas of Derby.

Development Trusts Association 60,600 Towards the costs over three years for peer learning and mentoring related to the rural community enterprise challenge programme to improve the capacity and performance of development trusts serving rural or semi-rural areas.

Dinamic Ceramics Northumbria Ltd 56,400 Towards the salary and costs over two years of the deputy manager post to provide employment and training for people with physical disabilities, learning difficulties and mental health issues within a manufacturing creative industry operating as a social enterprise.

Ethnic Minority Training Project 75,000 Towards the salary of the employment support officer over three years to work with 60 unemployed ex-offenders each year from the Luton area, supporting them out of crime and into employment.

Fablevision 30,000 Towards the costs over two years of the Vibrant Sustainable Communities project which uses the arts to support disadvantaged young people to create a social enterprise and to access work and training.

FACET 71,500 Towards the salary and costs over three years, of a new business development manager to accelerate the growth of this rural development trust to initiate and sustain a successful community enterprise.

Family Rights Group 64,925 Towards the salary of the policy officer and evaluation and running costs of a pilot self-sustaining accreditation scheme for Family Group Conference, over 18 months.

Feat Enterprises 94,850 Towards the chief operations manager salary over three years to improve the efficiency of Feat Enterprises and provide support to the supervisory staff.

Furniture Re-use Network 50,000 Towards the salary over eighteen months of a development worker and a contribution towards core costs to accredit furniture recycling organisations so that they can benefit from contracts with large national retailers.

Get Hooked on Fishing Charitable Trust 80,000 Towards the salary over two years of the director to build the capacity of a network that uses angling as a way of engaging disadvantaged and at risk young people and improving their self-esteem and confidence.

Growing Well 45,994 Towards the salary of the manager over three years to improve the business and social performance of the horticulture social enterprise by 50% between 2007-2010.

Hastings and Rother Citizens Advice Bureau 25,000 Towards the salary of a budgeting and consumer adviser to provide money management and budgeting advice to customers of the Hastings and Rother Community Banking Partnership.

Headingley Development Trust Ltd 69,000 Towards the salary and costs of the development worker and a contribution to overheads over three years to progress the development of a community owned development trust.

LEAP 99,200 Towards the salary of the operations director over two years, increasing employability among people from minority ethnic groups, by providing basic skills and job preparation training.

Leicestershire Cares 92,377 Towards the costs over three years of the supported work experience project for young care leavers.

London Action Trust 47,656 Towards training and development co-ordinator salary costs over 18 months to build the capacity of statutory and voluntary services to provide effective, appropriate domestic violence services by raising skills and standards within voluntary and statutory organisations & increase the level of income generated from consultancy/training.

London Youth Support Trust 92,000 Towards the centre manager salary costs over three years to help set up a Business Incubation Centre for disadvantaged young people in the London Borough of Haringey.

Lyme Regis Development Trust Ltd 98,000 Towards chief executive salary costs over three years which will give the trust the capacity it needs to work to increase the level of self-generated income, create a strategy for sustainability and consolidate existing operations.


29

Lynemouth Community Trust 90,000 Towards the costs over three years of the Northumberland Chocolate Company to enable it to grow into a successful community enterprise.

MIND - Head Office 95,250 Towards a retail training and employment programme over two years to train 100 mental health service users in a nationally recognised retail qualification to enable them to gain paid employment.

Money Advice Trust 66,000 Towards consultancy, design and evaluation fees over 14 months for a new website to promote better understanding of issues relating to debt, credit and financial capability.

Moneyline Yorkshire 70,707 Towards the salaries of the chief executive and the loans officer and a contribution towards the loan capital over fifteen months to provide loans to those on low income in Sheffield as part of a wider strategy to tackle financial exclusion.

Newhaven Community Development Association 48,710 Towards a community development worker salary over three years to help parents and children to improve social and emotional development, health and learning, while increasing the organisation’s level of self-generated income.

North Pennines Heritage Trust 90,000 Towards development officer and business manager salaries over three years to accelerate the growth of this rural development trust to initiate or sustain a successful community enterprise.

Olmec 96,355 Towards the salary over three years of a co-ordinator and the fees for an evaluation of a project that will improve the employability of 660 individuals experiencing disadvantage in the labour market by developing direct opportunities with employers, training providers and support agencies.

Portobello Business Centre 96,000 Towards the salary and costs over two years of the outreach champion and towards the core costs of a programme to empower economically disadvantaged participants to learn the skills necessary to set up in business or find employment.

Preston Moneyline (IPS) Ltd 60,000 Towards the business lending officer salary over three years to encourage business start ups and regeneration by the continued provision of business loans and advice focused on the poorest wards of the city.

Refugee Resource 65,146 Towards the salary and costs of a part-time employment advisor and running costs over two years to facilitate access to employment and training opportunities for refugees and asylum seekers with a focus on underemployed refugees and those with mental health problems.

Refugees Into Jobs 90,150 Towards the salary and costs over three years of an employment adviser to improve the training and employability skills of refugees in west London.

Revolving Doors Agency 180,000 Towards the salaries over three years of the head of partnerships and the project development manager to establish a national network of support agencies that enable people caught in the cycle of crisis, crime and mental illness to transform their lives.

Rockingham Forest Trust 90,182 Towards the salaries of the CEO and the new business development officer over three years to accelerate the growth of this rural development trust.

Royal Mencap Society 60,990 Towards the costs of providing the support to parents with a learning disability during pregnancy and throughout their parenting role, particularly to those involved in child protection proceedings.

Sheerness United Reform Church 40,000 Towards the salary of a café and catering manager over two years to provide training, skills development and work experience leading to recognised qualifications for 24 adults with learning difficulties each year.

Skill: National Bureau for Students with Disabilities 54,500 Towards the additional costs involved in increasing the in-house consultancy team to undertake more fee-generating contract work and thereby improving the charity’s financial sustainability.

Speaking Up 99,806 Towards the salary and costs over three years of the business manager to enable Speaking Up to disseminate good practice through publications, consultancy and training, which will also increase financial sustainability.

Stars in the Sky Ltd 64,839 Towards the salary and costs of a development worker over two years to take forward expansion plans associated with increased self sustainability.

Start-Up Online 131,550 Towards the salary and costs over three years of a client support manager along with office costs to help 380 ex-offenders become successfully self-employed by providing one-to-one support for clients from their time in prison until their businesses are successfully operating.

STEP Development Trust 80,813 Towards the general manager ‘s salary and costs over three years to accelerate the development of The Venue or multi purpose community and entertainment facility.

The Ariel Trust 38,656 Towards the salary and costs of the development officer to consolidate existing work and develop new services for young people at risk of social exclusion.

The Cranfield Trust 80,000 Towards the costs of expanding and developing HRNet over three years as an income generating resource and for HRNet to become self-funding and sustainable through paid subscriptions.

The Enterprise Fund Ltd 50,000 Towards a revenue shortfall to provide loan finance to start-up businesses, established businesses and social enterprises that are struggling to raise finance from banks or other mainstream lenders.

The Lenton Centre 80,000 Towards the core revenue costs of the centre during its developmental phase over two years to enable it to become a self sustaining social enterprise providing leisure and social care services.

The School for Social Entrepreneurs 75,000 Towards staffing costs over two years to run a pilot project providing business development capacity and support to the Fife and East Midlands Network Schools to enable them to replicate the successful London school strategy of selling bursary places to housing associations.

Tidworth Development Trust 90,000 Towards the salary and costs of the co-ordinator of a business enterprise park over three years; contributing to the development of small businesses and increasing the sustainability of the Trust.

Trinity Community Partnership (Clitheroe) Ltd 100,000 Towards the salary of the project development manager over three years to accelerate the growth of this rural development trust to initiate and sustain a successful community enterprise.

UNLOCK 73,345 Towards the salary of the deputy director over three years to support work to overcome financial exclusion facing prisoners, former offenders and their families.

Urachadh Uibhist 45,000 Towards the business manager salary costs over three years to create a robust social enterprise in the Western Isles.

Voice 70,000 Towards the salaries of the learning and development manager and administrator, accreditation costs and marketing materials over three years, to build capacity to enable Voice to provide self sustaining, specialist advocacy training to a greater number of people.

Wessex Reinvestment Society 100,000 Towards the salary and costs of the executive director and a contribution towards core costs over three years to provide support to social and micro enterprises through credit and business advice.

Worldwide Volunteering for Young People 99,500 Towards the recruitment costs, and salary of a sponsorship manager over two years to stimulate sponsorship based interest among commercial organisations in volunteering with young people.

YouthNet UK 50,000 Towards the cost over three years of expanding and diversifying TheSite.org’s financial information to improve the financial capability and independence of young people aged 16-24 years in the UK, with a specific focus on those who are socio-economically disadvantaged.

Grants approved upto £20,000 Organisation Amount (£)


Social Change: Enterprise and Independence Grants list

Acorn Christian Ministries 10,000

Action for Market Towns 19,500

Bikeworks 20,000

British Association of Settlements & Social Action Centres 10,000

Business Community Connections 16,818

Caberfeidh Horizons 5,000

Candies Cuisine 20,000

Changeworks 20,000

Charity Bank 20,000

Child Poverty Action Group 4,950

Chopsticks (North Yorkshire) 19,538

City of Sanctuary 19,630

C-MEE 20,000

Community Finance Solutions 20,000

Council for Voluntary Services North Ayrshire 10,000

Crumbs Project 15,856

DAGE 15,000

Derbyshire Coalition for Inclusive Living 19,930

EARTH 10,000

East Camp Trust 18,700

EBDC 3,000

EBDC 1,500

Ford Park Community Group 20,000

Global Generation 4,996

Harrow Association of Disabled People 19,800

Holsworthy Community Property Trust 20,000

Homeless Link 20,000

Independent Asylum Commission 20,000

IP1 19,736

Joseph Rowntree Charitable Trust 2,500

Kuumba Imani Millennium Centre 20,000

Lambeth Mediation Service 600

LEAVES 19,000

Living Solutions (Scotland) 16,000

Lodge Lane and District (Liverpool) Credit Union Ltd 20,000

Moving On Employment Project 14,000

NACUW 20,000

New Beginnings (Nottingham) 16,000

Newtownards Road Women’s Group Ltd 6,370

Nottingham West Outreach 14,938

Old Goole Industrial & Provident Society 15,000

Opening 20,000

Orchardville Society 10,000

Parents for Children 20,000

People Matters 20,000

Restorative Justice Consortium 19,170

Sign 20,000

South Shropshire Furniture Scheme 12,000

Spinal Injuries Association 10,000

Sturminster Newton Community Building Trust 18,000

The Ascension Community Trust 15,000

The Big Picture Co-operative 15,000

The Bridge Church 5,000

The Migrant & Refugee Communities Forum 19,700

The Mustard Seed 19,800

The Rutland Pink Glove Service 3,750

Trust for the Study of Adolescence 20,000

Village Companies Care Co-operative Ltd 15,000

Voluntary Sector Consortium 10,000

Woodthorpe Development Trust 18,000

YETC 18,490 Total 5,665,086 No of Grants 126

Grants approved upto £20,000Organisation Amount (£)

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TASK Grant List

TASK (Trustees’ Areas of Special Knowledge) grants are made to organisations whose work is known to individual Trustees.

Organisation Amount (£)

Action Trust for the Blind 5,000

All Saints Church, Thorpe Malsor 6,000

Alzheimer’s Society 6,000

Amber Trust 4,000

AMREF 10,000

BNRT 3,000

Brighton Museum & Art Gallery 10,000

British Butterfly Conservation Society Ltd 13,000

Chamber Orchestra Anglia 3,000

Charleston Trust 12,000

Chichester Open Art Exhibition 5,000

ChildHope (UK) 15,000

Chiswick House and Gardens Trust 20,000

Clonter Farm Music Trust 5,000

Comann na Mara 10,000

Coombes Church, Coombes 2,500

Cruse Bereavement Care Norwich 5,000

Cumberland Lodge 7,500

Department of Experimental Psychology, University of Bristol 10,000

Donor Conception Network 3,000

Dorset Child & Family Counselling Trust 15,000

Dulwich Picture Gallery 13,000

East Sussex Disability Association 10,000

Edinburgh Youth Orchestra Society 8,000

Elizabeth Finn Care 2,500

Elizabeth Fitzroy Support 4,200

Emmaus Hampshire 15,000

English Concert 5,000

English National Opera 15,000

Evelina Children’s Hospital School 1,800

Exford Parish Memorial Hall 4,815

Exford Youth Club 15,000

Exford Youth Project 15,000

Faculty of Classics, University of Cambridge 5,000

Forward Arts Foundation 15,000

Friends of St Luke’s Church, Simonsbath 9,185

Gurkha Welfare Trust 10,000

Heritage of London Trust 2,500

Hollycombe Working Steam Museum 12,000

Home-Start Perth 15,000

Index on Censorship 15,000

Intercontinental Church Society 10,000

Jackson’s Lane Community Centre 5,000

Kidney Research UK 15,000

Kids Company 10,000

National Schizophrenia Fellowship (Scotland) 10,000

New Sussex Opera (Productions) Ltd 2,500

oneworld broadcasting trust 5,000

OpenDemocracy 7,500

OpenDemocracy 15,000

Opera North 10,000

Parish of the Dunsforths 1,000

Policy Exchange Ltd 15,000

Prior’s Court Foundation 13,000

Queen Victoria School 3,000

Reed’s School Foundation Appeal 2,500

Reed’s School Foundation Appeal 10,000

Rory Peck Trust 2,000

Royal Asiatic Society 5,000

Royal Choral Society 15,000

Samuel Pepys Award Trust 8,000

SANE 10,000

Scotland’s Churches Scheme 10,000

Second Chance 5,000

SSAFA Forces Help 1,000

St Luke’s Church, Simonsbath 15,000

St Michael and All Angels Church, Cheriton 2,750

Streetwise Opera 5,000

Suffolk School for Parents 10,000

Tel Aviv University Trust 3,200

The Arkwright Society 5,000

The Country Trust 10,000

The Cuba Studies Trust 15,000

The Dorset Natural History & Archaeological Society 5,000

The Ecology Trust 6,500

The Foundling Museum 10,000

The Grange Centre for People with Disabilities 15,000

The Landmark Trust 15,000

The Medical Foundation for the Care of Victims of Torture 5,000

The Pendyffryn Children’s Trust 3,000

The Poetry Society 10,000

The Prince’s Foundation for Children & the Arts 5,000

The Public Catalogue Foundation 5,000

The Rosemary Foundation 3,000

The Roundhouse Trust 20,000

The Royal Horticultural Society 15,000

The Social Market Foundation 5,000

The Tick Tock Club 4,000

The Tunnell Trust 10,000

The Wilton’s Music Hall Trust 6,000

The Worshipful Company of Pewterers 15,000

Theberton Parish Church 2,500

Topolski Memoir 10,000

Unicorn Theatre for Children 5,000

Voce Chamber Choir 5,000

Welsh Youth Classical Music Foundation 8,000

Winsford Village Hall 1,000

Winston’s Wish 5,000 Total 813,450 No of Grants 98


Development fund and Cross-programme Grants list

Development FundOrganisation Amount (£)

Bright (Voluntary Sector Communications) 72,932 Towards core costs and director’s salary over three years to work on the

‘Star Wards’ project, which aims to improve the daily experiences and treatment outcomes of acute inpatients.

Care Leavers’ Association 120,000 Towards the salary of a national development worker and a contribution towards administrative, office, travel, training and volunteer costs over three years to improve the quality of life and outcomes for care leavers in the UK.

Centre for Economic Performance, LSE 234,000 Towards the support of the Wellbeing Programme over three years, which aims to alter how people think about public policy and wellbeing.

Global Action Plan 125,000 Towards strengthening their balance sheet under the financial sustainability pilot.

Golden-Oldies 40,000 Towards core costs over three years to get people from 70 years and upwards out from residential homes in the South West, smiling and making music together.

New Economics Foundation 20,000 Towards the salary of an external consultant to guide the business planning process and to provide a detailed business plan in connection with the larger request under the financial sustainability pilot.

Scarman Trust 19,500 Towards a commission and report on how best to use unclaimed assets for the benefit of communities across the UK.

Speakers’ Corner Trust 20,000 Towards project costs to support the establishment of speakers’ corners across the UK.

Tallberg Foundation 20,000 Towards contributing to discussions on sustainable food at the Tallberg Forum. Total 671,432 No of Grants 9

Cross-programmeOrganisation Amount (£)

Fight For Peace 240,000 Towards the salary and running costs over three years of the centre in the London Borough of Newham to support the inclusion of disadvantaged young people in sports, education, job training, youth leadership and peace programmes as alternatives to crime and violence. Funded jointly by Education and Social Change: Enterprise and Independence.

Public Service Broadcasting Trust 100,000 Towards the salaries of the chief executive and executive assistant over two years to enable the trust to extend existing projects and develop new ones while generating further income. Funded jointly by Education and Social Change: Enterprise and Independence.

The Poetry Archive 210,000 Towards core costs and the expansion of the education and recording programmes. Funded jointly by Arts & Heritage and Education.

WebPlay 71,775 Towards the salary of the business development manager over two years to increase access to the arts and technology for 7,500 primary school children, including those from disadvantaged groups, to raise their academic achievement and personal development, while generating income. Funded jointly by Education and Social Change: Enterprise and Independence. Total 621,775 No of Grants 4

33

FinancialReview


Financial review

The Foundation committed £25.2 million before returned grants (2006: £27.4 million) in new grants during 2007, which represented an 8% reduction in grant-making spend. This reflected a 10% fall in applications received during the year, a continuation in the trend experienced from 2006. It was also a year of transition in our approach to grant-making and, as a consequence, some of the funds put aside for development activity will be spent in 2008. Grants were made to 617 organisations (2006: 581). Grants reported in the Statement of Financial Activities include funds returned from cancelled and returned grants.

Costs in support of the Foundation’s grant-making activities fell by 4% to £1.7 million (2006: £1.8 million) resulting from reduced staffing and overhead costs. Governance costs were up due to higher audit fees arising from the appointment of KPMG.

The cost of generating funds comprised investment management, custody, advisory and other due diligence and administration costs. The total of these costs was £3.9 million for the year.

The Foundation also had £1.2 million in programme related investments at the end of 2007 (2006: £1.1 million) in the form of loans to charitable organisations.

Risk assessmentEsmée Fairbairn Foundation operates documented lines of authority and delegation, which are reviewed regularly by its Audit Committee and Board of Trustees. The Foundation also has segregation of duties in regard to governance, management, grant-making, finance and investment. Procedures are in place for documenting decisions, actions and issues.

The Foundation’s strategic plan and budget are approved by Trustees and the Board regularly reviews actual results against budgets and forecasts.

The risk management process includes reviews by Trustees, senior management and other staff. The process identifies the types of risks the Foundation faces, likelihood of occurrence, potential impact, risk management and ways to mitigate these risks.

The Foundation’s investment activities expose it to the main financial risk which it mitigates through annual review of investment policy, management of asset allocation by the Investment Committee, quarterly independent and monthly internal performance reporting, market and manager reviews and the support of investment advisers Cambridge Associates and auditors KPMG.

The review of risk management is part of the role of the Audit Committee. The Board reviews the Foundation’s position on internal controls and its compliance with relevant statutory and finance regulations.

ReservesAll of the Foundation’s funds are unrestricted and in the Statement of Financial Activities a single unrestricted fund presentation has been used.

The Foundation sets charitable expenditure budgets. These take into account its aim to generate a sustainable level of income equivalent to 4% of the three-year rolling average market value of investments.

35

The total return on investments in the year was 5.7% (2006: 14.8%). The market value of investments rose by 2% to £956.8 million (2006: £936.4 million). The income yield on investments was 3.7% (2006: 4.3%).

During the second half of the year, in response to volatile and uncertain equity markets, the proportion of equities held in the portfolio was reduced and the level of cash increased in order to place the portfolio in a more defensive state. The asset allocation at 31 December 2007 comprised:

2007 2006 % %

Equities 48 64Fixed Income 6 2Private Equity/Venture Capital 3 2Hedge Funds 14 13Property 12 11Cash 17 8

The total market value of investments at the end of 2007 is detailed in note 9 to the accounts. It consisted of £927.1 million fixed asset investments (2006: £877.7 million), £25.0 million current asset investments (2006: £48.7 million) and £4.6 million accrued investment income (2006: £10.0 million).

The Foundation’s portfolio comprised 50 separate pooled vehicles such as unit trust, hedge fund and partnership holdings which made up 55% of the portfolio value in 2007 (2006: 42%). The remainder comprised 45% as segregated portfolios (2006: 58%).

Investment policyThe Foundation’s long-term aim is to maintain the real value of its investment capital whilst providing a stable and sustainable level of real income to support the Foundation’s activities.

The Foundation’s asset allocation policy is influenced by the objective of generating income of at least 4% of rolling market value.

The Board has given the Investment Committee the task of guiding investment policy, overseeing policy implementation, managing asset allocation, monitoring performance and reporting regularly to trustees. The Committee from January 2008 comprises four Trustees and two co-opted members, and is advised by Cambridge Associates Limited.

The Foundation’s policy is that all investments are externally managed by investment managers appointed by the Committee. The Foundation has placed segregated investments under the safe custody of State Street Bank and Trust Company. Investment monitoring is achieved through custody reporting, independent quarterly performance reports and regular manager review meetings. Diversification is by asset class, investment manager and investment style. Currency hedging facilities are used as appropriate. The Foundation’s segregated equity portfolios do not invest in companies that derive their main sources of revenue from tobacco-related products.

Investment review


Governance

Charitable SchemeThe operation of Esmée Fairbairn Foundation is governed by a Charity Commissioners’ Scheme, dated 14 January 2002, which enables the assets to be applied by the Trustees at their discretion for general charitable purposes. The scheme supersedes the original Trust Deed made on 20 January 1961 and a Charity Commission order granted on 20 January 2000 giving Trustees investment delegating powers.

The Foundation is a charity registered in England and Wales, No. 200051.

The Esmée Fairbairn Foundation exists and operates for the public benefit. Through its grant-making programmes it improves the lives of people throughout the UK. In determining its grant-making strategies, and in the administration of the Foundation generally, the trustees have paid due regard to the guidance published by the Charity Commission under section 4 of the Charities Act 2006.

The Foundation’s Trustees are listed on page 49 of this report. The Trustee Board meets quarterly to oversee the delivery of the Foundation’s overall strategy. A number of Trustee committees support the work of the Foundation. The current membership of each of these can be found on page 49.

Audit CommitteeThe Audit Committee reviews and recommends systems of internal control on financial, governance and operational risks. It also reviews the draft annual report and accounts, meets with the Foundation’s external auditors and reports to the Board.

Finance and Administration CommitteeThe Finance and Administration Committee reviews and recommends to the Board annual budgets, annual accounts, staff remuneration and benefits, and human resources policies and procedures. It also oversees major property, ICT, governance and other projects.

Nominations CommitteeAn ad-hoc Nominations Committee meets to make recommendations to the Board on the appointment of new Trustees.

Investment CommitteeThe Investment Committee formulates investment policy, oversees its implementation, manages overall asset allocation, monitors investment performance and reports to the Board.

Funding decisionsFrom January 2008, all Trustees are members of the Foundation’s Main Fund Committee that takes decisions on all Main Fund grants above £75,000. An Executive Grants Committee, led by the Chief Executive, takes decisions on grants up to £75,000. The Trustee Board allocates budget and delegates decision-making on the Foundation’s funding strands to strand panels. The panels are made up of Esmée Fairbairn Trustees and external experts. They report to the Board quarterly.

37

Under the Scheme rules of the charity and charity law, the trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations.

The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period.

In preparing these financial statements, generally accepted accounting practice entails that the Trustees:

• selectsuitableaccountingpoliciesandthen apply them consistently;

• makejudgementsandestimatesthatare reasonable and prudent;

• statewhetherapplicableUKAccounting Standards and the Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statements;

• statewhetherthefinancialstatementscomply with the trust deed, subject to any material departures disclosed and explained in the financial statements; and

• preparethefinancialstatementsonthegoing concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are required to act in accordance with the trust deed of the charity, within the framework of trust law. They are responsible for keeping proper accounting records, sufficient to disclose at any time, with reasonable accuracy, the financial position of the charity at that time, and to enable the Trustees to ensure that, where any statements of accounts are prepared by them under section 42(1) of the Charities Act 1993, those statements of accounts comply with the requirements of regulations under that provision. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

Disclosure of information to auditors The Trustees who held office at the date of approval of this Trustees’ report confirm that, so far as they are each aware, there is no relevant audit information of which the charity’s auditors are unaware; and each Trustee has taken all the steps that he ought to have taken as a Trustee to make himself aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

Tom ChandosChairman20 March 2008

Trustees’ responsibilities statement


Independent auditors’ report to the Trustees of the Esmée Fairbairn Foundation

We have audited the financial statements of Esmée Fairbairn Foundation for the year ended 31 December 2007 which comprise the Statement of Financial Activities, the Balance Sheet and the Cash Flow Statement and the related notes. These financial statements have been prepared under the accounting policies set out therein.

This report is made solely to the charity’s Trustees as a body, in accordance with section 43 of the Charities Act 1993 and regulations made under section 44 of that Act. Our audit work has been undertaken so that we might state to the charity’s Trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Respective responsibilities of Trustees and auditorsThe Trustees’ responsibilities for the preparation of the financial statements in accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Practice) are set out in the Statement of Trustees’ Responsibilities on page 37.

We have been appointed as auditors under section 43 of the Charities Act 1993 and report in accordance with regulations made under section 44 of that Act. Our responsibility is to audit the financial statements in accordance with relevant legal and regulatory requirements and International Standards on Auditing (UK and Ireland).

We report to you our opinion as to whether the financial statements give a true and fair view and are properly prepared in accordance with the Charities Act 1993. We also report to you if, in our opinion, the Trustees’ Annual Report is not consistent with the financial statements, if the charity has not kept proper accounting records, or if we have not received all the information and explanations we require for our audit.

We read the other information contained in the Annual Report and consider whether it is consistent with the audited financial statements. We consider the implications for our report if we become aware of any apparent misstatements or material inconsistencies with the financial statements. Our responsibilities do not extend to any other information.

Basis of audit opinionWe conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgments made by the Trustees in the preparation of the financial statements, and of whether the accounting policies are appropriate to the charity’s circumstances, consistently applied and adequately disclosed.

We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.

OpinionIn our opinion the financial statements:

• giveatrueandfairview,inaccordancewithUK Generally Accepted Accounting Practice, of the state of the charity’s affairs as at 31 December 2007 and of its incoming resources and application of resources for the year then ended; and

• havebeenproperlypreparedinaccordance with the Charities Act 1993.

KPMG LLPChartered Accountants Registered Auditor 1 Forest Gate Brighton RoadCrawleyWest Sussex20 March 2008

39

Total Funds Total Funds Notes 2007 2006 £’000 £’000 Income and Expenditure

Incoming ResourcesInvestment Income 2 35,631 36,000 Interest 2 223 218 Other Incoming Resources 2 126 733 35,980 36,951

Resources ExpendedCost of Generating Funds 3 (3,871) (9,134) Charitable Expenditure Grants 4 (23,272) (27,359) Support Costs 5 (1,731) (1,795)Governance Costs 6 (225) (147) (29,099) (38,435) Net Outgoing/Incoming Resources 6,881 (1,484) Gains on Investment Assets 9 13,934 92,802

Net Movement in Funds for the Year 20,815 91,318 Balance at 1 January 2007 916,939 825,621

Balance at 31 December 2007 14 937,754 916,939

The notes on pages 42 to 47 form part of these accounts.

The Foundation has no recognised gains or losses other than the net movement in funds for the year.

The net incoming resources and resulting net movement in funds in each of the financial years are from continuing operations.

Statement of Financial Activities12 months ended 31 December 2007


Notes 2007 2006 £’000 £’000

Fixed AssetsTangible Assets 8 7,622 7,691Investments 9 927,119 877,704Programme Related Investments 10 1,242 1,109 935,983 886,504

Current AssetsDebtors 11 4,808 10,085Investments 9 25,000 48,655Cash at Bank 3,421 6,087 33,229 64,827 Creditors: Amounts falling due within one year 12 (27,561) (28,812)

Net Current Assets 5,668 36,015

Total Assets less Current Liabilities 941,651 922,519

Creditors: Amounts falling due after one year 13 (3,897) (5,580) Net Assets Representing Unrestricted Funds 14 937,754 916,939

The notes on pages 42 to 47 form part of these accounts . The accounts were approved by the Trustees on 20 March 2008, and signed on their behalf by:

Tom ChandosChairman

Balance SheetAt 31 December 2007

41

Cash Flow StatementYear to 31 December 2007

Notes 2007 2006 £’000 £’000

Operating ActivitiesInvestment Income Received 41,022 36,487 Other Income Received 2 349 951 Grants paid (26,004) (26,093) Other Expenditure Paid (5,980) (11,278)

Net Cash Inflow / (Outflow) from Operating Activities 9,387 67

Investments and Capital ExpenditureCash Inflow from Sale of Investments 9 720,502 1,004,597 Cash Outflow from Purchase of Investments 9 (755,983) (997,945) Cash Outflow from Tangible Assets 8 (47) (68)Cash Inflow from Programme Related Investments 10 86 53 Cash Outflow from Programme Related Investments 10 (219) (215)

Net Cash (Outflow) / Inflow from Investments (35,661) 6,422

Net (Decrease) / Increase in Cash and Cash equivalents (26,274) 6,489 Analysis of Change in CashCash Balance at 1 January 2007 54,810 48,487Net Cash Inflow (26,274) 6,489

Cash Balance at 31 December 2007 28,536 54,976

Reconciliation of Net Incoming/(Outgoing) Resources to Net Cash Inflow from Operating Activities

Net Incoming / (Outgoing) Resources 6,881 (1,484) Depreciation 8 116 121 (Increase) / Decrease in Investments 9 (35,482) 6,834 Increase in Programme Related Investments 10 (133) (162) Decrease in Debtors 11 5,278 544Decrease in Creditors due within one year 12 (1,251) (685) (Decrease) / Increase in Creditors due after one year 13 (1,683) 1,311

Net Cash Inflow from Operating Activities (26,274) 6,489


Notes to the accounts

1. Basis of Accounting and Accounting Policies

Basis of accountingThe accounts have been prepared under the historical cost convention, modified by the revaluation of investments, and in accordance with the Charities Act 1993, Statement of Recommended Practice (‘Accounting and Reporting by Charities’ revised 2005) and applicable standards. A description of the nature and purpose of the Foundation is set out on pages 19 and 36. The Trustees consider all the funds to be unrestricted.

InvestmentsListed and marketable unlisted Investment assets are included at market value at the Balance Sheet date as described in note 9. Unlisted non-marketable investment assets are included at fair value. Realised and unrealised gains and losses on investments are included in the Statement of Financial Activities.

Programme related investments are included at cost less provisions. Incoming resources Investment income and bank deposit interest are accounted for on an accruals basis.

Resources expendedAll expenditure is accounted for on an accruals basis. Cost of generating funds includes investment management and custody fees and a proportion of shared and indirect costs. This includes management and custody fees charged to capital. Direct charitable expenditure consists of direct, shared and indirect costs associated with the main activities of the Foundation. This includes approved grants and support costs. Governance costs include external audit, legal advice on governance matters, Trustees’ expenses and an apportionment of shared and indirect costs. Shared and indirect costs are apportioned on the basis of the number of full-time equivalent staff.

Grants are accounted for in the year in which they are approved, irrespective of the period covered by the grants. Grants awarded but not yet paid are recorded as grant commitments in the balance sheet.

Tangible fixed assets and depreciationFreehold property is used by the Foundation and is included in the balance sheet at cost. The building element of freehold property is depreciated on a straight line basis of 2% per annum. Freehold land is not depreciated. Office equipment is depreciated between 33% and 20% per annum.

Leasing and hire purchaseAssets obtained under finance leases are capitalised as tangible fixed assets and depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the Foundation. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payments is charged to the Statement of Financial Activities over the period of the lease. 2. Income 2007 2006 Investment Income £’000 £’000

Equity Investments 22,410 24,587 Fixed Interest Investments 8,344 4,515 Property Investment 4,877 3,292 Unquoted Investments - 3,606 35,631 36,000

Alternative portfolios income for 2006 represented an internal allocation. There has been a change of approach and therefore no allocation for 2007 as all returns on the alternative portfolio are included in “Gains on Investment Assets”. Interest comprises bank interest and interest received from programme related investments.

2007 2006 Other Income £’000 £’000

Cancelled Grants - 701 Returned Grants - 14 Service Charge 18 3 Programme Related Investment Income 53 15 Grants Received 55 - 126 733

Cancelled Grants and Returned Grants in 2007 have been reclassified from income to grant expenditure and are disclosed in note 4. 3. Cost of Generating Funds 2007 2006 £’000 £’000

Staff Costs 88 85Office, Premises and ICT 38 34Legal and Professional 263 123Investment Management 3,482 8,892

3,871 9,134

The investment management charge for 2006 included an allocation of £4.2 million from “Gains on Investment Assets” relating to investment management fees incurred within the Foundation’s pooled and partnership investment funds. This allocation approach has not been adopted for 2007. Staff costs and office, premises and IT costs are apportioned on the basis of the number of full-time equivalent staff allocated to each activity. All other support costs are allocated directly to the respective activity.

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4. Grants Arts & Social Other Heritage Education Environment Change Activities 2007 2006 £’000 £’000 £’000 £’000 £’000 £’000 £’000

GrantsProgramme Grants 5,574 5,306 6,539 5,866 671 23,956 25,830 Grants Plus 28 182 64 88 76 438 49TASK Grants 356 114 46 298 - 814 860Strategic Initiatives - - - - - - 620 Total Grants 5,958 5,602 6,649 6,252 747 25,208 27,359Cancelled and Returned Grants (133) (348) (303) (1,152) - (1,936) - Total for 2007 5,825 5,254 6,346 5,100 747 23,272 Total 2006 5,855 6,145 6,026 8,204 1,129 27,359

All grants are made to organisations. Grants approved in 2007 are listed in the annual report accompanying these accounts. Grants Plus is the cost of adding value over and above the grants we make in appropriate cases, such as organisational development, research and evaluation. Other activities comprise grants under the Development Fund.

5. Support Costs Arts & Social Heritage Education Environment Change 2007 2006 £’000 £’000 £’000 £’000 £’000 £’000

Staff Costs 278 249 184 464 1,175 1,225 Office, Premises and ICT 118 105 78 196 497 494 Consultants and Advisers 4 20 22 13 59 76 Total for 2007 400 374 284 673 1,731 1,795 Total for 2006 406 408 349 632 - 1,795

Staff costs and office, premises and IT costs are apportioned on the basis of the number of full-time equivalent staff allocated to each activity. All other support costs are allocated directly to the respective activity.



6. Governance Costs 2007 2006 £’000 £’000

Staff Costs 81 78 Office, Premises and IT 57 35 Consultants and Advisers 4 3 Trustees’ Expenses 24 18 Auditors Remuneration 49 13 Legal and Professional 10 -

225 147

Trustees’ Expenses for travel and subsistence totalling £23,552 (2006: £18,023) were reimbursed to 11 Trustees (2006: 11 Trustees). Staff costs and office, premises and IT costs are apportioned on the basis of the number of full-time equivalent staff allocated to each activity. All other support costs are allocated directly to the relevant activity. 7. Staff Costs 2007 2006 £’000 £’000

Salaries 994 1,037 NI Contributions 111 115 Pension Contributions 125 151 Other Benefits 42 50 Temporary Staff - 14 Other Costs 72 21

1,344 1,388

Other Costs include recruitment, expenses and staff development costs.

Average number of employees during the year calculated on a full-time basis 2007 2006

Investment Management 2 1 Arts & Heritage Programme 5 5 Education Programme 5 5 Environment Programme 4 5 Social Change Programme 8 8 Governance costs 1 1

25 25

The Foundation operates a Norwich Union Grouped Personal Pension Plan and makes employer contributions of 12.5%. During 2007, 3 employees received remuneration of more than £60,000 in the year (2006: 2):

2007 2006 £60,001 - £70,000 2 1 £70,001 - £80,000 - - £80,001 - £90,000 1 1

All 3 employees paid over £60,000 had contributions accruing under a defined contribution pension scheme.

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8. Tangible Assets Freehold Office Property Equipment Total £’000 £’000 £’000

CostAt 1 January 2007 8,047 217 8,264 Additions in Year to 31 December 2007 - 47 47 8,047 264 8,311

Accumulated DepreciationAt 1 January 2007 459 114 573 In Year to 31 December 2007 66 50 116 Depreciation on disposals At 31 December 2007 525 164 689

Net Book ValueAt 31 December 2007 7,522 100 7,622 At 1 January 2007 7,588 103 7,691 The building element of freehold property is depreciated on a straight line basis of 2% per annum. Freehold land is not depreciated. Office equipment is depreciated at 33% or 20% per annum. The net book value of assets held under finance leases is £32,459 (2006:£20,421) and the depreciation charged is £14,189 (2006:£13,035).

9. Investments Market Market Value Sale Investment Value 01.01.07 Purchases Proceeds Gain/(Loss) 31.12.07 £’000 £’000 £’000 £’000 £’000

Equity Portfolios 594,505 396,156 (545,511) 15,653 460,803Fixed Interest Portfolios 59,708 305,323 (167,049) (8,521) 189,461Alternatives Portfolios 121,653 31,757 (7,942) 12,498 157,966Property Portfolios 101,838 22,747 0 (5,696) 118,889 877,704 755,983 (720,502) 13,934 927,119

Alternatives comprise unlisted hedge funds and venture capital investments. Investments are reported as net of fees and charges. In addition to Fixed Assets Investments shown in the Balance Sheet, investments shown in Current Assets and Accrued income shown in Debtors in note 11 are part of investments managed by the Foundation’s Investment Committee. Total assets, cash and accrued income under investment at 31 December 2007 were: Market Market Value Value 01.01.07 31.12.07 £’000 £’000

Fixed Asset Investments 877,704 927,119 Current Asset Investments 48,655 25,000 Accrued Investment Income 10,040 4,650 936,399 956,769



9. Investments continued Overseas Overseas Overseas UK Listed UK Unlisted UK Pooled UK Cash Listed Pooled Partnership Total Equity Portfolios Market Value 31.12.07 £’000 327,423 - - 9,143 - 121,441 2,796 460,803 Market Value 01.01.07 £’000 458,864 - - - - 135,641 - 594,505 Fixed Interest Portfolios Market Value 31.12.07 £’000 - - - 129,418 19,174 40,869 - 189,461 Market Value 01.01.07 £’000 - - - 19,367 18,889 21,452 - 59,708 Alternatives Portfolios Market Value 31.12.07 £’000 - 10,400 2,582 - - 133,427 11,557 157,966 Market Value 01.01.07 £’000 - 10,150 2,500 - - 104,686 4,317 121,653 Property Portfolios Market Value 31.12.07 £’000 - - 77,561 - - 41,328 - 118,889 Market Value 01.01.07 £’000 - - 85,456 - - 16,382 - 101,838

The Foundation’s investments were managed by the following investment managers during the year: Banquo Credit Management LLP Morley Fund Management Ltd Dalton Strategic Partnership LLP Newton Investment Management Ltd FF&P Private Equity Ltd Sloane Robinson LLP Grosvenor Investment Management Ltd Wellington Management Company LLP Grantham, Mayo, Van Otterloo & Co LLC State Street Global Asset Management M&G Securities Ltd In addition to the managers above, the Foundation had a portfolio of 24 hedge funds and commitments to 18 venture capital and private equity partnerships. Both programmes were managed by Cambridge Associates on an advisory basis. Commitments totalling £45million had been entered into with 17 private equity and venture capital limited partnership funds. This has not been included in the Foundation’s Balance Sheet. One unlisted non-marketable investment was made through a subsidiary undertaking, EF Investments. The results of this subsidiary Company has not been consolidated as the Company’s results were not material to the Group. EF Investments is an unlimited company and is a wholly owned subsidiary of the Esmée Fairbairn Foundation. State Street Bank and Trust Company acted as global custodian to the Foundation’s segregated portfolios. 10. Programme Related Investments Balance at Balance at 01.01.07 Additions Repayments Gain/(Loss) 31.12.07 £’000 £’000 £’000 £’000 £’000

Charitable loans 1,109 219 (86) - 1,242

The Foundation has provided funding to ten organisations (2006: 7). In view of the immateriality of these investments at 31 December 2007, further details of individual loans have not been disclosed.

11. Debtors 2007 2006 £’000 £’000

Prepayments 153 30Accrued Dividend Income 1,715 2,155Accrued Fixed Interest Income 2,145 531Accrued Property Income 789 328Accrued Alternative Income 0 7,026Other Debtors 6 15 4,808 10,085

Following a change in approach, the Foundation has not allocated accrued alternative income in 2007. It is reflected in the alternative investment valuation as shown in note 9.

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12. Creditors: Amounts falling due within one year Balance Balance 01.01.07 Utilised Additions Transfers 31.12.07 £’000 £’000 £’000 £’000 £’000

Grant Commitments 26,792 (27,686) 21,197 5,573 25,876 Accruals 2,007 (2,007) 1,525 - 1,525 Trade and Other Creditors - - 138 - 138 Commitments Due Under Finance Leases 13 (13) 22 - 22 28,812 (29,706) 22,882 5,573 27,561 13. Creditors: Amounts falling due after one year Balance Balance 01.01.07 Additions Transfers 31.12.07 £’000 £’000 £’000 £’000

Grant Commitments 5,573 3,870 (5,573) 3,870 Commitments Due Under Finance Leases 7 20 - 27 5,580 3,890 (5,573) 3,897

Grant Commitments comprise grant payments due for 2009 and beyond.

14. Cash and Cash equivalents Balance £’000

Cash at Bank 3,421Short term investments 25,000 28,421

15. Reserves Balance Investment Balance 01.01.07 Incoming Outgoing Gain/(Loss) 31.12.07

£’000 £’000 £’000 £’000 £’000

Unrestricted Funds 916,939 35,980 (29,099) 13,934 937,754

16. Related Party Transactions Material transactions where Trustees, staff, advisers or their immediate family had a connection with a transacting party organisations are listed below. The Foundation’s policy is for related parties (Trustees, staff or advisers) to declare their interest and exempt themselves from all relevant discussions and decisions relating to the respective transacting party.

Transacting recipient £’000 Esmée Fairbairn (EF) relationship between the parties GrantsClean Break Theatre Company 150 Sharon Shea (EF Grants Manager), trustee of Clean Break Theatre Company University of Plymouth 143 Professor Stephen Hawkins (EF Adviser); employed by University of PlymouthIPPR 86 Jeremy Hardie (EF Trustee); council member of IPPRThe Cuba Studies Trust 15 William Sieghart (EF Trustee); trustee of The Cuba Studies Trust

Investment ManagersGrosvenor Investment Management Ltd 80,042 Rod Kent (EF Trustee & Investment Committee member); Grosvenor Group, Chairman of Britain & IrelandCharifund (M&G Securities Ltd) 81,768 Tom Chandos (EF Trustee & Investment Committee member); director of Charities Investment Managers Ltd, Charifund AdministratorDalton Strategic Partnership LLP 22,842 Rupert Caldecotte (EF Investment Committee member); partner in the Dalton Strategic Partnership


A living memorial

In 1961 Ian Fairbairn, a leading City figure, decided to endow a charitable foundation with the bulk of his holdings in the company he had joined some 30 years before, M&G.

M&G was a pioneer of the unit trust industry in the UK. It grew out of Ian Fairbairn’s determination that investments in equities, previously the preserve of the affluent, should be available to all - giving everyone the potential to own a stake in the nation’s economy.

His purpose in establishing the Foundation was two-fold. In the interests of wider prosperity, he aimed to promote a greater understanding of economic and financial issues through education. He also wanted to establish a memorial to his wife, Esmée, who had played a prominent role in developing the Women’s Royal Voluntary Service and the Citizens Advice Bureaux. She was killed in an air raid during the Second World War.

Esmée Fairbairn’s sons, Paul and Oliver Stobart, also contributed generously to the Foundation established in their mother’s memory.

In 1999 the Foundation sold its holding in M&G as part of the company’s takeover by Prudential Corporation PLC. As a result of this sale, the Foundation’s endowment grew significantly in value. So did the size and scope of the grants it was able to make.

Today, the Esmée Fairbairn Foundation is one of the largest independent organisations of its type in the UK, supporting work in the arts and heritage, education, the environment and social change.

Its size notwithstanding, it remains true to the values of both its founder and the woman who inspired him.

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Tom Chandos Chairman

Ashley G Down

Felicity Fairbairn

John S Fairbairn

Jeremy Hardie

James Hughes-Hallett

Thomas Hughes-Hallett

Kate Lampard

Martin Lane Fox

Baroness Linklater

William Sieghart

Audit Committee John Fairbairn Chairman

Tom Chandos

Kate Lampard

Jeremy Hardie

Finance and Administration Committee Tom Chandos Chairman

John Fairbairn

Jeremy Hardie

Investment Committee Rod Kent Chairman and co-opted member from 1 January 2008

Tom Chandos

Ashley Down

John Fairbairn

James Hughes-Hallett

Ruper Caldecott Co-opted member

Trustees

Staff

Trustees, Committees, Staff and Advisers As at 20 March 2008

Committees

Dawn Austwick Chief Executive

Grant-making Nicola Pollock Director of Grant-making

Annabel Durling Grants Officer

Alison Holdom Grants Manager

Hilary Hodgson Head of Education

John Mulligan Grants Manager

Jo Rideal Grants Manager

Danyal Sattar Head of Environment

Laurence Scott Grants Manager

Sharon Shea Grants Manager

Finance Claire Brown Finance and Investment Director

Vandana Gopalji Finance Manager

Liliana Lance Finance Officer

Bharat Naygandhi Finance Assistant

Resources James Wragg Director of Resources

Gina Crane PA to the Chief Executive

Tania Joseph Administrator - Grant-making

Laura Lines Administrator - Communications and Resources

Matt Mayer Administrator - ICT and Facilities

Tereasa Robinson Administrator - Reception

Nikki Thompson Administrator - Grant-making

Swee Tsang Administrator - Grant-making

KPMG LLP Auditors1 Forest GateBrighton RoadCrawleyWest Sussex RH11 9PT

Berwin Leighton Paisner Solicitors Adelaide House London Bridge London EC4R 9HA

Allen & Overy Solicitors One Bishops Square London E1 6AO

Royal Bank of Scotland plc Bankers London Victoria (A) Branch 119/121 Victoria Street London SW1E 6RA Cambridge Associates Ltd Investment Adviser Cardinal Place 80 Victoria Street London SW1E 5JL

State Street Bank and Trust Company Custodian One Canada Square London E14 5AF

Advisers Legal and Financial

Esmée Fairbairn Foundation11 Park PlaceLondon SW1A 1LP

T 020 7297 4700F 020 7297 4701E [email protected]

Registered charity 200051

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Documents

Esmee Fairbairn Foundation - Annual Report 2007