TIITr, TrOYI,W. FOUNDATIO1¥ ACCOUNTS FOR THE YEAR ENDkD 31 DECEMBER 2019
THE FOYLE FOUIYDATION ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2019 CONTENTS PAGES CoD7pany infomiation Report of the TTUSt¢e$ Report of the independent auditor 8-10 Stst¢ment of fmhncial activilie3 B41an¢¢ sh¢ 12 Sta¢em¢nt of C48h Flows 13 Notei to the hccount 14-42
THE FOYLE FOUNDATION COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2019 Trustses Michael Smith Sir Peter Duff¢ll Roy Amlot, QC James Komer Vikki Heywood CBE Chief executlve Ind £oJnp4ny secretary David Hall AddreJB 4nd regijtered office Rugby Chambers 2 Rugby Street Lxjndon WCIN 3QU R¢8l$teTed ¢ompany number 4006216 {England and Wales) Re¥l8tered ¢hArlty number 1081766 A¢¢0tantS Hay8macintyre LLP 10 Queen Street Place London EC4R IAG Independen¢ ludltori Ma7AfB LLP 2nd Floor 6 Sutton Plaza Sutton Court Road, Surrey SMI 4FS Legal gdvl8eri- redenlI property WaRon Male and Wagland LLP Lanlern Houye 39-41 High Street potte Bar Hert(ordshire EN6 SKI LegAI dvlrB- eommerdal property Reed Smith LLP BroadEate Tower 20 Primrose Street Londort EC2A 2RS Bankers CAF Bank Lirnited 25 King8 Hill Avenue Kings Hill West Malling Kent ME19 4JQ
THE FOYLE FOUNDATION COMPANY IIYFORMATION (eontlnued) FOR THE YEAR ENDED 31 DECEMBER 2019 Invejtment Ruffer LLP 80 Victoria Street London SEIE 5JL Rathbone Inve0trnI Marement Limited George Hou5¢. 50 Gwrg¢ Squpr¢ GIS8oW G2 IEH Dirn¢rtyional Fund Advisors Limited 25128 North Wall QUAY Dublin I Ireljrtd V4nguord Investment SerYiceA 70 Sir John Rogerson8 Quay Dublin 2 Ireland Verit08 Asset ManA8em¢tJl LLP 90 Lx)ng Are London WC2E 9RA H¢ronbridBe Inve¥unen¢ Mana8ment LLP 24 Gay Str¢¢l Bath BAI 2PD Th¢ Ch4ri1ies Property Fund SaYillB Investsn¢n¢ Man¢m¢t LLP 33 Mar84re¢ Street London WIGOJD Artemi8 InveStmt ManagemeDi LLP Ca88ini Hou8e 57 St Jameg's Street London SWIA ILD
THE FOYLE FOUNDATION COMPANY INFORMATION (conlinued) FOR THE YEAR ENDED 31 DECEMBER 21119 Inve8tment managers (CDn¢iDued) Ml Som¢r5¢t Cypital Manug¢rn¢nt Springfield IDd¥¢ Col¢h¢8t¢r Road Ch¢lm8ford Egsex SM2 5PW TB Evertlode Fund CIO Bailey Trlmd servic Limited 64 St Jarne5'5 Street Nottin¥ham NGI 6PS M4¥¢llan Global Fund MLC Cenlre L¢vel 6 19 Martin Plac¢ Sydney NSW 2000 Australia JP Morgan Private Bonk l Knightsbridgc LoAJdon SWIX 7LX Invvtm¢nt porlfollo idvtser• Stsnhopc Con8ulting 35 Porfman Square London WIH 6LR Property n)artaiern George Eckert 66A High Street Fast Finchley Londo N2 9PN
TEIF FOYLE FOUNDATIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2019 Th¢ Trustecs present thcir Report and financial Statcmcttts of the Foundation for the year ended 31 December 2019 and confimi that they comply with current siatutory requirements and ihe requircmcnL8 of the Foundation's governing documents. Illstory And tRyl Statui The Foundation was fom)ed to implemeni the charitable provisions of the will of the latc MTS C A L Batty who died on 8 June 1999. The Foundaiion is a charity con5tiluted as a company limiied by guarantcc and it8 governing documcnls are lis MemoTondum and Articles of Associaiion. The Foundation's fijll name, add, company and Charity number5 and addresses of its 84udiiors, bankers. legal advi8er5, inve8tment and property managcr& arc qhown on pagcs I to 3, GovernAnce and Management 'The Board of TrusieeB during thc year undcr rcvicw and up to thc datc of thiN report were.. Michael Smith Sir Peter Duffcll Roy Amloi. QC Jame8 Korner Vikki Ileywood CBP. New tNstees are appointed by the Lloard, based upon the skills and experience Tequired ¢0 managc thc Found#tion, An Induction Pack for new iru81ee8 ha8 been devised by th¢ Chairn)an and Chief fr.xecutive of thc founda¢ion. N¢w trusle¢5 receive ihi4 Induction Pack and thcn attend a bricfing mcc¢ing with ihc ChicfE.xciutive before attending their fir¥i Board meeting. Cin¥oinK Irainin¥ fur tNxlceN iy arr&ed on an ad-hoc b&¥i* as a nccd i¥ identified. The Foundation operateb indepcndently of any oiher charity or organiNation 8nd 1.4 managed from premi5e& in Rugby Street, London, WCI. The TNNteet4 are dircctly re¥pon8iblc for ihe management of the Foundation and meel Six Io seven limes per year lo &pprove 8rant&, review policy, supetvise inve&lmeni perforniancc and other matters. An ann1 str4t¢8i¢ review a180 place. The Foundaiion'$ day-lo-day business 18 conducted by the Chief Ex¢culLV¢ Urtder ihe supervi%ion of thL Chaim)an. A core %tarrteam of five a&8i8t the Chicl'Execuiive in ihe administralion ofthe Foundatiun. AppliLaiion4 arc ¥LNliniscd by thc Chicf Exccutivc and thc ¥thff team, who rcports and makes recommendation¥ to thc Tnjsitts for their approval. Seliln¥ Pay The Board of Tru5t¢e$ r¢vi¢w3 th¢ 5al4ry of th¢ CEO ¥nnually. The Chairnian informs the CEO of the Board decision r¢garding remun¢ralioD. All staff salaries ar¢ a150 reviewed annually with ¢hang¢s re¢otnmendcd by Ihc CEO.'fhe Board di8¢ug$ the% Tecommendaiion5 and make d¢ci8ions which the Cb.0 ¢ommuni¢ales lo th¢ individual %taff mcmberN. As part of it8 perfornlance review, the Board consider9 awarding annual.itsff bonuses on a discretionary ba81S. Grant Making Objeetlves And Actlvltles The Fourtdhtion's objects are the promotion of Such charit#ble pu4)05e5 ag the TnJstee5 may det¢rnJine from time to lime, in accordancc with the laws of En8land and Wales. 'I'hcre are no specific restriclLOllS ilnposed on the Trustccs as to how th¢y may implcmcnt thc objcctlvcs of the Foundation. Thc Trustec5' policy for thc year endcd 31 Dccembcr 2019 18 to support charities registered in (he United Kin8dom. State-fund¢d ¢0ndary and primary.8chool4 are ¢ligibl¢ bul applicatson$ from individuals and unre8iStered or8ani5ation will generally not be supported. Apart from large capital project application5 which aTe now COD$idered by the .1 rustees twi per year, it 18 aimcd to process all other appli¢ation$ within four months of being received. -lThe Foundation's grant-making policy is as follows
THE FOYLE FOUNDATIOIY REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2019 Grant M4king Objeflivei xnd A¢tiviti¢s {¢Dntinued The Main Grants Schemc lUPPOrts charities operating in the Arts and L£arnin¥ sectors which mect the criteria for sUPPOrt as dcscribcd in thc Guidclines for Applicants. Grants awarded rangc from £IO,OaO to a mLMU[n of £500,000, with the majority ol'grants awarded being below £50.0(X). Within the Learning rcmit. Thc Foylc School Librarics Programme is major initlalive dcsi8ned to support primary Schools. in the main, to itnprovc reading ability and literacy. Grants awarded are between £2.0(M) and £10,000 per School. In addiiion the Foundation operaies a Small Grants. Scheme which awards core and pmject nd]rtS to small and Ilxal ¢harilie4 with wrnover under £150.000 per annum. Pmblle Benefil The foundaiion exists and operates for public benefit. Our grant making progrAmme benefits UK re8islercd clwiiic¥ enabling ihem to cany out Ihcir work for public benefit. All Trustees ¥ive iheir lime voluniarily and receive no benefit% from the charity. Any expcns&s reclvlimed from the charity are set out in note 8 to the accounts. The open 8rants proyramme 1% d&¥i¥ned to be responsive lo the dirtti needs of charilies and their beneficiaries and lo help make # difference lo their work. The Foundation takes pride in funding activilies which experience diffL¢ulty in attracting suppor¢ or where there are few other Sources of funding. Gcnerally, in Larrying out the work of the Foundation, the'l ste¢S have paid regard to ihe guidance on public benefit publimhcd by thL Charity Commission. Art%- MAIM GraNts Seh¢fft¢ The Foundation seeks applicalions thal make a strong case for $upport in eithcr the perfonning or visual art5. Our him8 are lo sustain and help make ihe ans more ac¢e8sible by developing new audicnLcs, projectt• loryoung people, 8UPPOrting tours, festival8 and atts educational projecLS, to encourage new work and support young emerging Artl.8t8. Building and infrastNcture projects lo constjuct new arti facilitie8 and 10 improvc or rc.equip exi81ing Yenues are alAO considered. Ilowever. communily arts activity is generally wppon¢d through thc Small tsraniy Scheme. L¢4rnlN%- Maln Grants Seheme The Foundation's main are8 fur Jupport are.. libraric¥, mu4cum4, archives and special educational necd¥. State fvnded Schoo18 and spctiial SLhoolx are supported, prinbipally bul not excluiively. throu¥h ihc loyle School Librarics Programme which is a major programme to support improved liier&Ly. cil1zenhip, esteem building, training, skills acqu181tion to aid employment, early learning projects or playgroups Y4rc not gcncrnlly bonbidered. Sm411 GMAts Sehm Thi¥ %upwrty smaller charities in the UK. especially those working ai local communiiy level in any field, acroyy a wide ran¥e of aLtivities. Grants #re awarded to charities wilh an annual turnover of legs than £150,000 per annum which can demonstra thai a small grant will make a differertce their work. Achi•vemenls rtnd PerforwAonc¢ Within ihe Main Grants Scheme 461 new grant applic&tions were received during the year. In addition, Ihere were 548 School Library application8 and 714 Small Grants Scheme application¥. 207 applicatiun¥ were brought forward from the previous year and 245 &pplication.¥ werc barricd forward ai the end of the year10 be presented al ihc next Board mccting. The Trustees me15 limes during the ycar to consider grant applications. The Trustees approved 163 new Main Grant$, 201 ychool library and 227 Small Grants ioialling £8,492.900 in value. some of which will not be paid out until followin rinancial yeors. A ioial of 594 grani paymenL8 were made amounting to £8,994,050. Of the grants paid out 128 were Arts related lotallirng £3,976,000, there were 61 Leaming related totalling £3.210,150 and 183 Sehool Library grkrttx totslling £884.950 and 222 were Small Grants totalling £922,950. tktails of all grants paid out are listcd on thc FoundatlOll'8 WCb1tc. Thc Foundation has made financial Commitments to support a nwnber of organisations in the future subject io temhs and conditions being met (Aee note 20). The Found2tion eneourAges applieation8 from outsidc London and the South East and consequently the number of gr8nt &pplications from thc English regions, Scotland, Wales and Northern Ireland continued io increase and the amollnl in gr8nls to th¢%¢ areJs has also incre&8ed.
THE FOYLE FOUNDATION REPORT OF THE TRUSTEES (contlnued) FOR THE YEAR ENDED 3I DECEMBER 2019 Financial Revlew During the ycar th¢ Fowidation gen¢Tat(xJ iot41 in¢om¢ of £2,169,393 compared to £1,643,549 8¢ 31 D¢¢emb¢r 2018. Total ¢xpw]diture w&8 £9,998,422 (2018- £10,139.172) 4nd96fj/012018- 93•/o) wa$ $p¢ntdir¢dly on ¢hariiabl¢ a¢tivili¢s. Inv¢8tm¢nl incoTn¢ increased to £2.100,197 rnpad to £1.178,271 in 2018. Th¢ n¢t movcmcnt on funth of th¢ Charity after gain$ on inve¥tmcntèJ wat a decrea%e of £1,283,423 {2018., decreose of £8,454,737 with thc re¥ult thai thc Charity's fund8 a131 Dccembcr 2019 amound 10 £72,736.626 (2018: £74,020.049}. Inv¢slMeni Pollcy 4Tnd Performonc¢ The assets of the Foundation comprise a property. quoted investsnentg and cash. All ofwhich are professionally managed by 8pecialigL advigers on behalf of ihe Trustees. who also receive investment and 88gei &llocaiion advice from SrthOpe Consulting. No fund-raiging actlVLtieg have been undertaken. nor are any anticipaLed. Overall funds decreayed in ihe year from £74.020.049 to £72.736,626. Th¢ improved invegthi¢n¢ p¢rforman¢e for (he year reflectsd the r¢po8itioning of ¢h¢ $e¢urities portfolio 08 between equiliC and eorporate bond¥, ond wo& impAcicd by the caNhfiow of the continuing financial ¥rant-8iving of the Foundation. R¢sepves Poll¢y lThe as8e18 that make up the Foundation's funds are unrestricted and accordingly they are also availpdble as the general reserves. In addition to eareful planrtill8 of the eash flow, yo as to meet both grant commitmen18 payable in the year and the adminisira(ion expettdlre from the agreed budget, the FouAJdaiion mainiaint* a replenishin¥ cash reserve of up L() £8m 10 cover aniicipated gran¢ ¢ommitmenty over a 12 month rollin8 period. As at 31 Deeember 2019 the charity ha8 ri[¢1#1 commitmenL% in relation to Branis iotalling £5,773,000 to be paid between 2020 and 2022. Rtsk Awssm¢nt Thc Trn¥teei hAv¢ con8id¢r¢d th¢ risky faced by th¢ Founthtion and hav¢ put in pl&c¢ m¢milorin¥ syxtcms io mana8e thcm. In addition, th¢ Chi¢f Ex¢¢uliv¢ und¢riak¢$ an 4nnual in d¢pih risk ¥&q¢ssm¢nt ¢x¢rni for ¢orL4idcrntion ol. th Tru¥l¢¢s following which th¢ Foundation 8rn¢nds th¢ sy8t¢ms P5 n¢c¢ssary. Th¢ princi1 ri8k8 con8idered are., Security Employment issues I'l. and Di8a8ter rc¢ov Grant4 Mana8ement Fitlancial Risk Budget4ry Control Fraud The trultees are continuing to the impact on thc GhArity of the United Kingdom's decision to leave the EU. They corttinue to the pro8re&s of the Brexit ne8OtKations by H.M. Government. Plonsfor the Fu¢ur¢ The Foundation's obje¢tivey are to support cb8rit8ble a¢tiviti¢s acr055 the UK. In fvrth¢ranc¢ of its obj¢cts the ound4tion intends to in¢rease it8 grants budget to £9.4m in 2020 from £A.95m the previou8 year.
THE FOYLE FOIINDAI'IOP4 REPORT OF THE TRiISTEL% (tonrive OR TIIE YF.AR I(NDLI) 31 DTr.C'I,:MIII'R 1019 lty&ti ofcuvld 19 Dlluii'iiju Uic yedi. L'iid. lo ttIL C'Liwid 11) pun(ILftll¥. Ih¢ IIK lti¥kLd (town 21 M&rLh 211Tr11. 'I'IIL l.'oiindJ(iiin LILTr5LiI rLLiivinb n¢ JppliL¥(iiins in orikr ts) ¢()tac1 all rL'L'Lnl wnlcL's Iii thL'ir llalln Li1d cllllui I¢Tm4 of Brwil. whL'rL' uppliL461L', lu reviLw eiT41in8 8raii¢ ii)mmitmeni%. l.'roni Ill JunL 2L)?l) IliL I'vilndlo ly4)1¢<1 IL% qrnall ¢irwil% h¢mc. This lollowcd by rL-orK41ing ul. Ih¢ ( irnnli %¢'hLniL in mid. July 211211. Mth i>PLTU1in undLr rL' iSLMt criLL'ril fLIILLiin¥ Ihe impJLt lil'lA>vWl. As ih The F()und¥ii()n's quoL.d invLslmcnis f¢ll shwply in Mllreli 102D hyve Ln rL.01.¢ring munth on monih sincL Ihen, Ibrojccicd iiicorne trnm inwcstrnents 1% CXPLLIL'd lu fall durirb8 2020 and Ihc bnundation revi%cd itg fi)TCCU.%t Tnoiii) prLIjLLIii)1i5. r¢%¢rvLs wt healthy sulliLicni wid it nol Lun%idiYL¢J lo rLviy¢ Ihe annulll gixinL8 of 'l'ruJlov¥' Rc5pinJlbililics C.'hurily r411ilL Il Trts8LeL$ ii) pr¢pnrc Fi1ul¢ll11 Sl#iimiiil¥ liki, caLli lsnancial yellr which give a liu¢ und luir view c>t' tl)c 8iatL% {Trl' thft¥irs of diL l.uunduiiun (Il. ily Jn(l eXPL'iiJilvrL' l(Ir IliL' IiiiwiLtul yL'ur. Iii pr¢i?Jrin¥ Ih(TrbL I:'inJnLidl %wicmLllt4 IhL Tn15¢% w'¢ rnwuir&xJ iu.. niukL' ju1111tS dnd i%iiniaits Iliui are T•ble aiid wuik'n rjrepare ihc tlllancial slatrmll% y yin¥ WL)¢¢m M813 wile>8 li in8pwoprialL tv usyum¢ tli41 ih¢ ¢horily will 17UL It) l?PLrtsIi('. %hLIL whLlhLr thppliLiibl¥ tUl11&.ldi1r5 iirid ¥tsLIL'mLYil% ill. %nIn'nlyj rrditiLL. liavL, hLli l()IlfkwLd. %tihjLLI any JL'pJnurL.¥ (li1(7.l wi¢J ¥.%1)lain iii IhL' ULLxiiinl%. 'I'h¢ 'l'rii%lee% are re%p>nliihlo li)r kLLPill¥ [Kur 4¥iyTrunlin.¥ rlVrdI whieh di%L104L wilh ru))riublL 4ny lini¥ linunLtAI position ol. lh¢ fnundation wid i¥hiLh LnublL Ihan 10 ensure thai the tinancial stoicfflcnty Lomply with ihL' Cvinpunils Ail 2006. 1.hey arc olso rcsw)lls¢blL lur ¥Jfi¥uardinJs i>l'ihL l.oundaiinn and hL'nLL fiir ¥l#temcii uf Diytlo¥t•rf to Iludltov ul Sv lur lh¥ .1 or¥. kiwur4 Ih¢r¢ is n() relevllni audit inlurni4li(xi uf whirli Ilic liDun(IDIic'S uudii(Ir¥ irL unawAr¢. artd bl I'IK I'r15 huvL lthkin ull thL %iep Ihey i)ughi li) havL' kLn &%'l rnslLi¥ iri OT(l¥r t(h mykL ihLm.%L'l%ci dwai'c i)I' M¥Yr$ l.T.P will be For rc-apwinthL'nl in ULLurd8nir wilh qlin 4%7121 ot'ihe C()mpuni¢s ALI 21106. I)N 111.'IIAI.r ()F I'HF. FSC)ARI) Mitho¢1 Smith- Lh4imdn (TrfthL Ilw I>tl. 10 7oLO
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE FOYLE FOUNDATION Opinion We have audited the financial statcments of Thc Foyle Foundation (the 'CEily,) for the year ended 31 De£ember 2019 which eomprise the Statemeni of Financial A¢tlVLtics, the Balance Shttt, th¢ Statement of Cashflows and notc8 to the rinancial slatemenL8, including a summary of si8nificanl accounting policies. The firtancial rcporting framework that has been applied in theirpreparation 18 applicablc law and Urtiied Kingdom Accounting Standards, ineluding FRS 102'Thc Fin&ncial Reponing Standard applibable in the UK and Republic of Irelond" (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial 8tatements'. give a trne &nd fair view of the state of ihe charity's aflair% as at 31 December 2019 and of its in¢om¢ and cxpenditurc for the ycar then ended., havc be¢n prop¢rly prepard in acwrdan¢¢ with United Kingdom G¢nerally Accepted Accounting Practice,. and have been prepared IA a¢¢ordance wilh tlLe requirement5 of the Companies Act 2006. for oplDlon We ¢onducied our audit in occordpn¢¢ with Intcrnational Standards on Auditing (UK) IISAS (UK}l and applicablc law. Our respotL&ibiljli under th05¢ ¥t4ndard5 pr¢ furth¢T d¢$¢rib¢d in the Auditor'¥ reyponsibilitie¥ for the audit of the fitwicial &taiemcnts s¢olion of our report. W¢ ar¢ ind¢p¢ndenl of thc ch8rity in aLcordance with the eihical requirements that arc rclevant lo our audit of the finan¢ial 5tolemeDls in the UK, including the FRC'S Ethical Siandard and we have fulfillcd our othcr ethical r¢spon$ibiliti¢s in acrdance with the¢ reouircmcnL¥. We believe that the audii evidence we have obtairted ix 3uffi¢i¢nt and appropri4¢e lo provid¢ a ba¥iy tor our opinion. CDnclu¥lons relAtln8 to 8olng eoncertt We httve noihing to Tq)Ort iti rcspect of thc following malters in relation lo which the ISAS {UK) require ua lo report to you where.. the trusleey, u¥c of the goin¥ concern basis of accounting in the preparation of the financial xiatemcnt¥ ig not appropriate,. or the iNstees have not di8¢losed in the financial statement8 any ideniified material uneertainties th&t MAY significant doubt About the charity'8 ability 10 continue Lo adopt the goiTLg concem ba81.% ofaccounting for period of at leasi twelve month¥ from the date when ih¢ finan¢ihl sthtement¥ aT¢ g4uihorised for i88UC. Other Informatlon lThe trustees are re%ponxible for ihe other inform4tion. 'lThe other infOrntion compri¥cx the inforniation includgd in the Report and financial Siatements, other than the fujancial 8tatemcnt4 and our auditor'y report thereon. Our opinion on the fmancial 8(at¢menl8 does not cover the other infonnation and. except lo the extent othetivise explicitly stated in our r¢por¢ we do not expres5 any forni of assurance concluyion thereon.
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE FOYLE FOUNDATION (eontjnued) OpiDiODS on other matterg prescribed by the Companles Act 2006 In our opinion, based on the work undenaktn in thc course of the audit.. the information given in the TnLStee$' Report prepared for the purposes of company law, for ihe fit]ancial year ror which the financial ¥talernent¥ are prepared is ¢ot)sisteni with the financial statements; and the Irustees. Report has been prepared in accordance with applicable legal requirements. Mxtters OD whlch we are requlred lo report by ex¢eptlon In li¥ht of the knowledge and understanding of the charity and its environmeni obthined in the colle of the audit. we have not identifled m8terial mi¥ytatement¥ in the Trustees, Report. We have nothing to report in respect of the following malters in relation to which the Companies Aci 2006 requires us to report lo you if, in our opinion.. adequate and proper accounting record8 have noi been kept. or returns adequatc for our audit have not been received from branches not VL8iied by us., or Ihe financial s¢atemenLq are not in Agreement wilh th¢ a¢¢ounting r¢cord5 4nd rclurnj. or certain disc105urcs of tru%leei' remuneration spccific by law are not made,. or we have nol received all the infonnalion and cxplanaiion& we require for our audii. Ruponilbllltlei of Truileei As explairted morc fillly in the trustees. responsibililies glatement Set out on 7, the tru¥tee¥ (who ure al%0 the direcloTS of the ch8rilable company for th¢ purpo8e8 of company lawl are responsible for thc prcparatiun of thc financial Slaicments and for bcing ¥alisfied that Iheygive A ttue and fair view, and IOT Such inlemal control 8% Ihc tN.%tccs dctcmiinc Is necessary to enable the preparation of fjnancial slalemenls ihat are Ie from material mixsialcmeni, whcthcr due to fraud or ¢rror. In prwring ¢hc financial &tal¢menL¥, th¢ twytK¥ arc re¥pon8ible for assessing the chvlrity's abiliiy to continue as a going Lonc¢rn, disclo8ing, applicable, mattcr8 T¢laied to going concern and using the going concem basis of &ccounun unl¢¥8 th¢ tn151¢¢s cither intend to liquidulc Ihc Lharity or Io ¢Se operations, or have no realistic alternative bui to do Audltor'$ rpOnsIbIlItIe4 for the audlt of the financlal ilatementi Ourobjc¢tlV¢s are to obtaill reaxi)nablc &i¥urance about whether the financial sthtements aq a whole are free from materiul mi$8latcment, whether duc to fraud or crror, and to Issue an auditor's report that includc8 our opiniort. Rea%urtablc as8urnncc i.¥ 4 high level of a58urance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material mi.Istatemcnl when it cxi.¥is. MissiAtemenis can orise from fraud or em)r and are considered m&terial if, individually or in the a8¥r¢gate, they Could reasonably be expected to influcncc the ecortomic deciJion% of Users taken on the basiA of these financial ytatement8. A furthcr dc8cription ofour respon%ibIliti& for thc 2udi( of the financial stal¢m¢nt$ is located on the binancial Reporting Council'g webiktc at www.frc.org.uklaudiior¥¥cbP()nsibiliiiey. Thi8 dc8cription fonns part of our auditor's report.
INDEPENDEIYT AUDITOR'S REPORT TO THE TRUSTEES OF THE FOYLE FOUNDATION (eon¢lnued) of the audit report This reporr is made solely to the chariry's members as a body in a¢cordanrL with Chapter 3 of Part 16 of the Companies Act 2006. aur audit wo1* has been undertaken so thai we might 8tate to the charity's members th08e matter8 we are required to state to them in an auditor'5 report and for no other putyo3e. I'O the fulle51 extent perniitied by law, we do not accept or a&8ume rGgponsibility to anyone other than thc charity 8nd ihe Charity's members as a body for our wdit work, for this r¢FrfTrrt, or for the opinion5 w¢ forni¢d. Signed.. lan Holder (Senior St&tuiOry Auditor) for And on behall'of Mazars LLP Chartered Accountanis and StAtutory Auditor 2Md Floor, 6 Sutton Pl., Sutton Court Road, Sutton, SMI 4FS Dai¢: 30 September 2020 10
THE FOYLE FOUNDATION STATLMEIYT OF b INAL¥CIAL ACTIVITIES (Incorp(tyrating Ineome and Expenditure Aeeount) FOR THL YEAR ENDED31 DECEMBER 2019 Unreitricted fundi 2019 2018 l¥ote Income and endowm¢rtt$ from: Investents.. Inve8trn¢nts and Int91 Property portfolio 2,100,197 69,196 ,178,271 465,278 Total lllcomo 2,169,393 1,643,549 Expendlture on: RAlilnR fuDdJ.' Property portfolio eo8t8 Investmcni management co818 257,935 434.237 387.179 {387,179) {692.172) Ch8rlt#bl¢ #ttlvltleg (9,601,243) (9,447,000) Total expendlture (9.988.422) (10,139,172) Net galnil(1018e•) on Investmenti Reali.$ed gain(loSse%) on quoied investment ute8]ied gaing1{Ios8eyl on quoied itsve(MentY Reulised on invesimenl property 12 12 667,031 5.868,575 {405.7581 {2,228,851) 2,675,495 6,535,606 40,886 NET MOVEMENT IN FUNDS IN YEAR (1,283.423) (8,454,737} Reeonculadon of fund•: Fundy brou4ht forward 74,020.049 82,474,786 FUNDS CARRIED FORWARD 17 72.736,626 74,020,049 The Statement of Financi41 Activities include8 all gains and lo.ws recogniged in the year. All income and expenditurc dcrives from continuing a¢tlVLties. The defJ¢it for the year for Companie8 Act PUl7Kl8e5 wa% £7,151,99812018- £6,225,8116). The notes on pa¥{* 14 to 42 forni On iIIWgral port of the5¢ 4¢¢0unts.
THE FOYLE FOUNDATION Comp•Dy number. 46216 BALANCE SHEET AT 31 DECEMBER 2019 2&19 2018 Note Fixed let8 Tangibh fix¢d assets 10 41.144 42,543 INvestmMts Inv¢5tment property Quotyj inve51ments 820,000 63.439.214 820,(rt)O 62,540,237 12 64.259,234 63,360.237 Current assets Debtors C.Ash ar bw)k and in hwHI 14 15 423,289 8,729.099 246,904 10,974,322 9,152.388 11,221,226 Creditors: falllng due wlthln one ytir 16 (716,140) {603,957) Iyet e¥rrent asgtts 8,436.248 10,617.269 Net ajsets 72,736,626 74,020,049 U#trIcted fuAd% tieneral fijnd R¢Yalu10n reserve 17 17 55,796,YOO 16,939.726 59.051,640 14,968,409 Total fund• 72.736,626 74,020,049 Th¢ a¢¢ourtts were approved arnl auth¢)rised for i$$w by thv Board on l o ££p}b4r ZOLO ael Smith -'I'rustec Roy Amlot- Trustee The note8 M pa8e$ 14 to 42 fonn an integral part of these accouDi$ 12
THE FOYLE FOUI¥DATION STATEMENT OF CASH FI,OWS FOR THE YEAR EPIDED 31 DECEMBER 2019 2019 2018 C8$h tIow8 from Dperting tivIti. Net cash used in operating tivItieS (note 18) 19.639,641) 19,421,723) C•ih flo from investing activitim: Dividend8, interest and rcnt from inv&8thients Purchas¢s of fLxed &8s¢t8 PUb¥s¢S of iDV¢8tm¢ntA Proc¢¢ds frorn sal¢ of inVtMents- quoted . proiKrti 2,100,197 ,178,271 (697) (10,520,164) 4,57B,392 20,525,495 (19,216,564) 24,510,785 Total 7,394,418 15,761,297 Change irt c4sh equivalent8 in th¢ ye4r (2,245,223) 6,339,574 Caih #nd eih equlv41enli Ai th¢ beginning of th¢ y 10,974,322 4,634.748 A¢ the end of ¢h¢ y¢ar {8e¢ nol¢ IS) 8,729,099 10,974,322 13
THE FOYLE FOUNDATIOIY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2019 ACCOUNI'IiYG POLICIES The principal accounting policie5 adopred. judgements and key 80urces of csiimaiion uncertainty in the prep&r8tion of financial statem¢nts is as follows: BAs1s of Accounting The financial $tat¢m¢nts havc been prepared in Orance with Accounting and RertIng by Charities.. Stat¢m¢nt gf R¢comm¢TLd¢d Prg¢tic¢ appli¢abl¢ to ¢han'ii¢s prcparing iheiT ac¢ounis in accordance with the Fitwici41 R¢porting Standard applicable to the UK and Republic of Ir¢land IFRS 102) (effective l January 2018) IChari¢i¢s SORP {FRS 1021), the Financial Reporting Standard applicable in the UK g4nd Republic of Ireland (FRS 102) and the Companies Act 2(lM, The Foyle Foundation meets the defmition of a public benefii entity undcr FRS 102. Assets and liabilities are iniiially rccoyniscd at hi%tori¢al cost or trnGI10 value unless otherwise stated in the relevant accounting poliby notcls). b. Company Itatus The Lharily a company limited by ¥u4rant¢¢. For the yr under review, the members of the company were Michael Smith. Sir Pcter Duffell, Roy Amlot, James Korner and Vikki Heywood. In the event of thc charity b¢irt¥ wound up, th¢ liabili¢y in re8P¢¢t of th¢ guarant¢o i¥ limit¢d to £10 per mcmber. Pr¢p8r4tlon of the llCCQVDts on 4 golng concern bijli Huvin¥ con8id¢r¢d futur¢ budg¢ls and cash nows, Ihe Iruy¢ec4 ¢¢mfirni thot they have no mg4teTial un¢ertaintie8 about th¢ ¢nli¢y'¥ ability to ¢ontinue a8 a going concern for thc foreyeeable future. With reypect to the next reporting pcriod, thc ino¥t ¥i¥nificpnt ar¢a¥ of un¢¢rtainly thal affect the carrying value of a&4¥1s held by ¢he charity arc thc level of inv¢Ntm¢nl return and th¢ p¢rfonnaw¢ of inveslm¢nt mark¢t8. A8 deBcribed in note 23, the valuc of ]nvC1ents f¢ll Sharply in M4rch 2020 as a re$ulL of the COVID-19 pandemic, but haN been recoveri month on month yin¢¢ then. Proj¢¢ted income 15 eXted to fall during 2020, however thc chariiy sigr]ifLC8nt unre&tricl¢d r¢5¢rY¢8 and will be able lo meet all liabilitie8 as they fall due. The flnancial 8tattrncnt h4ve therefore been prepared on a going concern basis. d. Tanilble flxed Expenditltre on tattgiblo etS of an enduring n4tur¢ in exces8 of £1,000 is ¢apilaliBed. Dcpreciation 18 provided at ihe following annual rates in order to write off each a8sel over ily estimad u¥cful life.. Le¢hold improvomcn¢s Office furniture and equipment Cotnputer equipmenl over two years 25 % on reducing balance 25 /0 on reduLing balance Investment propertles Investment properties arc included at market value lls disclosed under Note I l. lThe pn)perties are valu¢d atmually. -lThe SOTr A includes the nel and lossc¥ arisin¥ on revalualiony and di¥posals in the year. r. Investmenti Invc¥tm¢nts ar¢ siaL¢d al mark¢¢ valu¢ at the balance th¢et date. The SOFA includes the net ¥ains and1058e8 arising on revY41uations and disp¢)sals throughout the year. g. FuDdi The different funds arc d¢fincd as follows: Unrcstrict¢d fid8 are those fund8 available to the charily for its gcncral purposes. It 18 the policy of the trn8tees to relain in unre8trictcd funds. amounts which in their judgement. can help to mitigatc the short ierni effects of income vol&ulily and relain funds to generate s1¢Ient income to mect u¢llt and future operational &ctivitie8 of the chariiy. 14
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (fontlnued) FOR THE YEAR ENDED 31 DECEMBER 2019 ACCOUNTING POLICIES (continued) Ineome retognltlon This comprises investment and other ineome. All income is rccogni5ed once the charity entitlemcnt to the income. it 18 probable ihat the irtcome will be received and the amourtt of income can bc measurcd reliably. Investment income is credited to ineomc when it LS rec¢iv4ble and the amourtt ean be mewur¢d reliably by the chLrity' this iq norn)ally upun nutifiGaliotL of the inter¢st paid or payable by th¢ bank. Dividend¥ aT¢ recognised otjce ihe dividend ha4 been dcclarcd and nolific4tion has bn rK¢iv¢d of ¢h¢ divid¢nd du¢. F.xpendlture I,iabilities &re reeogniged expcnditurc Xoon there i8 legal or con&truc(ive obligation commi¢¢ing Ihe charity to that expenditure, il is probable ihAL Settlement will bc required atld the amount of obligation can be measured reliably. Expenditure ].% recognised on an accru&l8 basis as a liability 18 illLUTred, iTJclu&ivc of VAT, which connot be recovered. Charitable tivi11e5 comprise mainly of Ihc provision of granig given for the purposey of ong. educaiion and a8 part of the small grunts sL,heme. Qiranty payable are payments made io third parties in the furtherartce of the charitable objecLs of the charity. In ihc casc of an uneortdilional grant offer this 18 8¢cNed once the recipient has been notificd of thc ¥rani award. The notifL¢ation giv¢s th¢ r¢cipienL a reasonable ¢xpeclation Ihot they will receive the grant. Grant% awards that ar¢ ¥ubject lo th¢ re¢ipient fuifillinb p¢rfonnanc¢ conditions are only acctued when Ihe recipieni has been notificd of thc xrant and any remainirt8 unfulfilled condition attachin¥ io thai 8rani is outside ihe Con02 of the reL'ipicnt. suprt costs have been allocated ¢0 charitable activitie%. Governancc aclLVltics Compri organi4ational administra(ion and Lompliance with con&iilutiOtYdl and Xtatutory requirctnenl%. Coxtt+ includc direct colits of exiernal audit, legal fees and other professional advicc. Credltorj and provlsloni Crcdilors and provision5 are re¢o8ni5ed where the eharily has a preKni obligation rexulting from a pa4t cvent that will probably reguli in the Lran%fer of funds 10 a third party and thc amount duc to settle the obligaiion can be mca5ured or estimated reliably. Crcditor¥ and provision% arc nonnally rcco¥niscd at thcir ¢¢¢lcn)¢lli amouni after allowing for any trade dInU due. InYe8lmertt gain& #nd losje All gain5 and losses are tskcn to the Statement of financial Activities a¥ thry ari¥e. Realiyed gainN and los8 on invcNtmcnts ar¢ cal¢ulal¢d ih¢ difference between soles proceed¥ and opening maTke¢ value (purcha¥c datc if latcrl. Unrealld gain¥ and losses are calculated as the dilTerence between the market Yaluc at the year end and the opening market value (or purclwe dale if later). Penslon Scheme Pension pAymenls are made to a Company Pensiun sehemc with The Pe(wles Pcn¥ion with the exception of the CEO wherc A payrnent is mBde dirertly to hi¥ p¢rson41 peni*ion plyn .
THK FOYLE FOUIYDATION L¥OTES TO THE ACCOUIYTS (eontittlled) FOR THE YEAR ENDED 31 DECEMBER 2019 ACCOUNTING POLICIES (eontinued) Flnanee leases Assets obtained under finance leases are capitAlised as tangible fixtd &eLl. The8e 88Aet8 are depreciated over the shorter of ihe Ic&g¢ rnI aud their useful live8. Finance leases are thoae where gubslalltially all of ihe benefits and risk% of owner¥hip are auMed by the company. Obli8ation5 under Such agreements ar¢ included in creditOTS net of the finanLc chargey allocated to future pcriods.'Ile flnance elementof the rental payment ig charged to the Staiement of Financial Activitie so aa to produ a con¥tant pcriodic rate of charge on the net obligarions outstanding in eaeh period. Ca•h At bink and In hand C&%h ai bank and in hand includes bonk Accounts. Lash and sh(irt tcrni highly liquid investsncnly with a shon maturity of ¢hree months or less from the d&te of acquL%ltion ur opcning of thc deposit or yirnilar account. Debtor Other debtor¥ are recognised at the yettlement amouni due after any trade diBcouni offered. Prepayments are valued at the amount prepaid net of any trade dIonI duc. Slgnlficmnl Judgment• And wurtes eitlmatlon uncertglnty In lh¢ view ofihe IN8tee$ in applying thc accoun¢iny policies adopied. no judgements were required that have a.significant elfect on ihe amuunL¥ rL'co¥nised in the financial ythiements nor do any estimates or a85umptioDs made Larry a signikicant rilk of material adjustmeni in the next finan¢ial Yr. FinanclAI Initrumenls Th¢ clwiiy only has financial assets and financial liabililie4 of a kind thai qualify as bayic financial in¥tTument¥. Ba¥ic financial inslwment8 are iniiially recogni4ed at tr8¢110 value and subsequently mcosured at their settlemen¢ value. INVESTMENT INCOME AND INI'F,REST 2019 2018 Income from quotcd inveytments IntCTC$t re1ved Intcre.¥t from gale of property 2,098,543 1,654 ,119,518 1.091 57,662 2,100,197 69,196 1,178,271 465,278 Property portfolio itjcome 2,169,393 1,643,549 PROPERTY PORTOLJO COSTS 21119 2018 Repairs, maintenance and reFutbishment co¥tS Insurance, council t&x and utili(iC5- fE5identl81 Caretaker Professional fees Management Ghar8es Cleanin8 Other 154,332 7,711 12,286 31.868 50,272 616 850 Total operating CO8ts 257,935 Total property PK)rtfolio costs 257,935 16
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (eontlDued) FOR THE YEAR ENDED 31 DECEMBER 2019 ANALYSIS OF CHARITABLE EXPENDITURE 21119 2018 Chsrit¥bl¢ donation8'. Paid in th¢ y¢ar Grants. r¢lurn¢d in th¢ y¢ar Accrualy brought forw4rd Accrnals carried forward 8,994,050 {30.000) (517,800) 650,800 9,088.140 {1.650) (639.200) 517,800 9,097.050 8,965,090 Support eosts {note 5) Governanee c08t9 (note 6) 476,682 27,311 448.225 33.685 9,601,243 9,447.000 Charithble expendiDJre AMIy8ed a8 follows.. Support Coit¥ Govern*n¢c Colti 2019 Tot41 21118 Total Granti 4,031,000 4,150,600 915,450 206.772 221,130 48.774 I I,934 12,703 2,814 4,249,706 4,384,499 967,038 4.162,855 4.351,320 932,825 LeaminB Small gran 9,097.050 476,682 27,511 9,601,243 9.447,000 SUPPORT COSTS 2019 2018 SiafEco8is (includin¥ pension) Rent Rates, seNice ¢harBes and i11sur¢¢ Communi¢atlOn CO8is Equipment mainlenanc¢ #nd ¢omput¢r Support Otrice senTi¢¢$ Miscellan¢(Trus Batth ¢horg¢8 D¢prwia¢ion 353,573 36,000 41,675 2,920 24,862 11,796 3,855 602 1,399 339,617 36,000 31.526 2.969 21,245 11,367 3,022 614 1,865 476,682 448,225 GOVERNANCE COSTS 2019 2018 Trn8iees' expens¢ Accountancy F¢¢¥ Au(h'ior's r¢mun¢ration Legal 4nd professional fees 3,996 9,270 13.526 719 5.613 9,270 18,790 12 27,511 33,685 17
THE FOYLK FOUNDATION NOTES TO THE ACCOUNTS (e(tyntinu¢d) FOR THE YEAR ENDED 31 DECEMBER 2019 LYET EXPENDITURE 2019 2018 Net expendittwe lincome is stated Ar chargin8: Tn)stee8' cxpen8es Depreciation Auditor'8 remuneraiion Operating lease renthls-other operating leases 3.996 1.399 13.526 36,000 5.613 1,865 18,790 36,(M)O TRUSTEES, REMUNERATION AND EXPENSES Thc five Trustee8 received no remuneration during the year (nor in the previous period) bui were re1mlr8ed £3,996 for travel and out of pocket expenses {2018.. £2,109). STAFF WAGES 21119 2018 Wages 307.742 34.214 14.617 (3.000) 299,060 32.391 security cos18 Pension cots14 Ernployment Qilowance (3,000) 353,573 339.617 Number Number AY¢rag¢ number of employees, calculaicd on a full time basig, analysed by function was: Truste¢s Adminislration The number of employees whose emolument8 exceeded £60,000 for the year were: £130,001- £140,000 Salaries and benefits paid to key mana8ement p¢r8onn¢l £222,509 {2018.. £181,468). The pension contribution to the highest paid employ ij £10,000 (2018.. £7.500). 18
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS leontlnued) FOR THE YEAR ENDED 31 DECEMBER 2019 10. TAIYGIBI.E FIXED ASSETS Offiee furniture #ttd Lqulpment Le8thold Improvements Computer Equipment Total Cojt At l January and 31 December 2019 89,092 84.621 53,652 227.365 Dcpred8tlon At l January 2019 Charg¢ for the year 89,092 45.883 448 49.847 951 184.822 1,399 At 31 December 2019 89,092 46,331 50.798 186,221 Net Book VAlut At 31 December 2019 38.290 2.854 41,144 At 31 Dcc¢mber 2018 38,738 3.803 42,543 Included in otTi¢e furniture and equipmen¢ are paintings, prints, pholographs and lithographs at a c051 of £36,948 whi¢h have not been depre¢iad As the Tnte¢5 are of the opinion that they will mainiain their value. 11. INVESTMENT PROPERTIES 2019 2018 Ai l January 2019 Di8po3als in the year R¢valua¢ion 5urplu8 820,000 18,670,(K)O (17,850,000) At 31 Iknemb¢r 2019 820.(K)O 820,IX)O The remaining Commercial property was revalued lo itgopen morket value al 31 December 2019 byGeor8e Eckert Independen¢ Clrtered Surv¢yoT8 in re¥pcct of propertie5 valued at £820,000. The historic co.41 of the remaining property waN deemed to be the probate value al 8 June 1999, the date of the death of Kqrs C A L Balty, was £395,000. 19
THE FOYLE FOUNDATION N(yfES TO THE ACCOUNTS (COAtlnued) FOR THK YEAR ENDED 31 DECEMBER 2019 12. QUOTED IIYVKSTMENTS 2019 2018 Market value kt l January 2019 Additions at CO8t DisP05al proc¢¢d5 (Los8esyg&iny on 8ale8 Investsnent mHnager5' fees Unreah8ed gainyl(loxye81 on rcvalu4¢ion 62.540.237 19.216.564 (24.510.785) 667,OJ I {342,3881 5,868,575 59.558.039 10.520.165 (4.578.393) (405,758) (324.965) (2,228,851} Market value at 31 Decomkr 2019 63,439,234 62.540.237 Coyt at 31 December 2019 46,924,508 47,996,828 Analysis of invegtsnents by type.. Inve%iments inside the UK Li¥lcd unit trusts Quoted 5har¢$ 41,329,225 11,709,6110 33,014,100 12,224,165 53,038,905 45,838,265 Inve8tments outside the UK Imana8¢d by overseas Fund Managerg) 10,400,329 16,701,972 63,439,234 62,54Q,237 13. FIIY AIYCIAL INSTRUMENTS 2019 2018 Financial asaets mwured by fair vJlu¢ 63,439,234 63,360,237 Financial a8¥¢ts m¢a¥ured by amortiwl c¢)st 72 72 Finatteial li4bilili¢$ measured by amortised co8t 25,990 6,197 in&rtClAI agjets rneasured by fair value include quoted invcsimenis and investment properties. Fina1] assel8 mea8ured at amortised cost include Other Debtors. Financial liabilities meagured at amortised Cost include Other Creditors. 20
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (eontlnued) FOR THE YEAR EL¥DED 31 DECEMBER 2019 14. DEBTORS 2019 2(118 Rent receivable Other debtors Pr¢payment$ and ac¢rued income 15,674 72 231,158 72 423,217 423,289 246,904 IS. CASH AT BANK AND IN HAND 2019 2018 Cash in hand CAF accounts 49 8,729,050 34 10.974,288 8,729,099 10,974,322 16. CREDITORS: amounli falllng due v4lthln one y¢•r 2019 2018 Accrued ¥rant¥ to ¢hari(Les Rent in advan¢¢ Other 18Kes and 8ocial 8eeurity Other creditors Accrued expen8es 650.800 517.800 17,375 11,875 6,197 50,7IO 12.599 25.990 26,751 716,140 603,957 17. MOVEMENT IN FUNDS At l January 21J19 At 31 Decembcr 2019 gaini Expendlture Transfe Unre*lri¢ted fundi: General fund Rev&lualion ruerye 59,051,640 14,9611,409 8,704,999 (9,988,422) 11,971,317) 55,796,900 1,971,3l7 16,939,726 74,020,049 8,704,999 19,98R,422) 72.736,626 The revaluation rc¥¢Ne represents the differenee between thc hisloric ¢o$t of inv¢s¢m¢nts and inve$thJ¢nl property and their Guent market (fuir) Yalue. 21
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (eontinued) FOR THE YEAR ENDED 31 DECEMBER 2019 RECOLYCILIATION OF NET IL¥COMEI(EXPENDITURE) TO L¥ET CASH oirrFLOW FROM OPEILITING ACTIVITIES 2019 2018 Net (expenditure) for the reporting period (as per th¢ 8tal¢ment of fmancial activitie8) Depreciation charge8 Investmenl gains Inv&stmenl managers fee8 Dividend8, in(ere8t and rent for inve8knent8 (Incre86el/decrea8e in debr8 Increas&lldecrea8e) in credilor8 {1,283,423) 1,399 (0.535,606) 342,388 (2,100,197) (176,385) 112,183 (8.454,737) 1,865 {40,886) 324,965 (1,178,271) 77.449 (152.108) Net cath u8ed in operAting aclivitie8 (9.639,641) (9,421,723) 22
THE FOYLE FOUNDATIO NOTES TO THE ACCOUNTS (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2019 19. CFIARIT ABLE DONATIONS TO INSTITUTIONS A full itemi8¢d gTant% li&ting with a de%ription of thc purpose of the grant is shown on the Foundation's website. PAld Accrued ARTS Old Vie 'fheaire Tru812000, iA)ndon Opera North, Lccd8 Royal Opcra HOU Covent Garden Foundation Bristol MuNi¢ TTU8t, Bri8tol Pcrfornian¢e$ Birniingham, Birniingham Thc Prince'8 Tr'oundation, Cunnock North Music .1 Nsi, Gate8heod W&8p& Tru8L GIv45gow Hepworth Wakefield. Wakefield lThe Mercury Thcatrc, Colch¢yt¢r l.eeds Theatre Truxt. Lced% Polko Childrcn's Thcatro Ltd. Wimbledon Poetry Society, London Hospitalfi¢ld, Angus The Frui¢mark¢l Ciallery. F.dinburgh Mountvicw A¢adcmy of 'fhcalrc Artm, London London Philharnionic 0hestra Wigmore Hall TNNt World Trleart Beat Mu¥ic Academy, London Birmingham Royal Ballei, Bimiingham Northern Ballet, Lced Churches Conservation Trust, London Global Grooves, Ashiott-Under-Lyrnc The Kendal Elrewery ArtA Centre Tru¥l, Kendul E&4tgAte Theatre (Peebles), Pccblc Snape Maliingy, Saxmundham Op¢ra Holland Park, London The t>ukey Playhouse, l.anca8ter The Roche Court Educational TnL81, Salisbury Viva Art8 & Comtnunity Group. SohAm National Children'5 Orchestra5 of Great Britain, Weyton-Super.Mare mahoallY Opera Group, Londo Notwich Pupp¢i Theatr¢ TTU81 Ltd, Norwich Elof¢8h Shech¢er CompAny, Intjdon Chinckc Foundation, 18leworth Kiln Theatre Gr&ese'l'heatre Company, Londo Ulster Orchestra, Belfa81 Trav¢r8¢ Theatre, Idinburgh 7ion ATL8 Cenire, Manchester New Cut Art8, Halesworth NORCA and Si8tema ill Norwich Limited, Norwich HighTidc Festival Production4 London Orchcstras Live, London l.iverpool and Merseyside lTheatres Trust, Liverpool Young a¢ Art. Belfas( Organisation for New Sound hnd Mu%ic, London 200.(MIO 150,000 150,000 250,000 125,000 125,000 loo,000 loo,000 i 00,000 100,000 i 00.000 i 00.000 93.000 75,000 75.000 60,(X)O 60,000 S0,OIM) S0,OIM) 50,0(MJ 50,0(MJ 50.0(X) 45.0(K) 40,0(K) 40,000 35,000 30,000 30,000 25.000 25,000 25,000 25,000 25,0(X) 25,O¢X) 25,0(M) 25,0(K) 25,OIM) 22,0(M) 21,000 20,(KJO 20,(X)O 20.000 20,000 20,0(X) 20,0(X) 20,0(M) 20,0(K) 125,0(M) 20,000 Carried fon¥ard 2161,000 145,000 23
THE FOYLE FOUNDATION NOTES TO TIIE ACCOUNTS (torttlnued) FOR TIIE YEAR ENDED 31 DECEMBER 2019 19. CHARITABLE DONATIOIYS TO INSTITUTIONS {continue41) Paid Afcru ARTS (contlThued) Broughi forward 2061,OIMI 14S.1100 Cwmni Theatre Arad Goch. Ceredigion Mid Pennine Arts. Burnlty The Live Theatre Winehester Trult, Winchcster City Arts {Nottingham). Nottingham Motionhou5e, LrnIngton Spa Goldcn Thread Gallery, BelfAst Sinfonia Cymtu, Cardiff Bay Open Eye Gallery, Liverpool NTC Touring Theatre Company, Amble Srratford Arts Trust, Stratford BACKLI'I., Noitingham StreetWi8c Opera. London Openup Muyic, Arnos Val¢ Seven SLOri&%, Centr¢ for Childr¢n'J Book8, NealIe Upon Tyne Orchestr&% for All Barnxley Civic F.ntcryJThge Ltd, Barn8ley Spark Arts lor Childrcn, Leiccster Canolfan Gerdd William Maihias Cyf, Cacmarfon WorceBter I,ive Ltd, Crowngate Brit18h Youth Music Theaire, London Stephen8 and George Centenary Charitable'frusi, Dowlai Tiata Fahodzi, Watford Greenwich Dance. London Toonspeak Young People'x The&tre. Gl&y¥ow Froz¢n Ligh¢ The&tre, Norwich Rif¢o Art8, Waiford Wren MUBIC, Okeh&mpton International Mu8ician8 Seminar, PNssia Covc London Cahool8 Nt, BelfASt London Mozart Players. Uppcr Norwo()d Sticky Fingm Arti, Newry tills, Edinburgh Th¢ Voice& Foundation Heart n Soul. lldon Bitiningham Opero Company. Birn?inghom Notthern Ireland Opera, B¢lf8¥t SeAcourt Print Work¥hop. Bangor B Arts, Stoke-on-Trent Highlights Production8. Appleby UP Project8 Big Bnjm Theatre in Education Co Ltd, Birniinghorn SMAII World Theatre. Cardigan Mersea 181and Community A0ClUt]0n, Col¢he8ter Tutti Frutti Produciions, Leeds Waterside Theatrc Company, Bri#hton Kraiy Kat Theatre Company. Bri¥h(on The Cambridge Muyic Festival, Cambridge Pimlico Mu5ieal Foundation, London Festival ofFools, Belf&$t 20,000 20,000 20,000 20.000 20.000 20,000 20,000 20,000 20,000 20,000 20,000 20.000 20.000 20,000 20.000 20.0(X) 17.0(X) 16.0(K) 16,0(X) 16,0(K) I5,0) 15,OC 15,OCK) 15,000 15,000 15.000 15,000 15,000 15,000 15,000 15,000 15.000 15,000 15,000 15,0(K) 15,000 15.000 15.000 15.(X)O 15,(X)O 15,000 15,000 15,000 15,000 15,000 14,0(K) 11,000 10,000 10.000 15.000 C&rrled forward 3,666,DOO I60, 24
THE FOYLE FOUNDATION NOTES TO TIIE ACCOUNTS l¢ontinu¢d) FOR THE YEAR ENDKD JI DECEMBER 2019 19. CHARITABLE DONATIONS TO INSTITUTIONS {¢ontinued) Paid Acerued ARTS (continued) Brought forward 3,666,000 160,0011 Creative Learning Guil(L Iqalifax Stuart Hall Foundation Tavazia Dance, London Conflux Scotland Ltd, Gla8gow Peak Art in the Black Mountai% Crickhowell Artlslic DirectoN of Ihe Future Viviana Durante Company The Kings Theaire Trngt. Southsea Peer Prodts¢tion¥. Bracknell November Club, Morpeth Hor8ebridgc Arts & Community Centrc, WILi¢stable F.cho Fxho Dance Theotrc Company, Deryy M¢ny Opcra Company, Edenbridgc Two MOOTY F¢Ktival, South Moulton Bri¥tol Jazz and Blues Festival, Clifton LOMA Loniemporary Muyic for all, l.ondon D8rbar ArL4 Culre & Heritage Trust, l.eicester Opera Sunderland, Ea81 Herrington Spike Prini Swdio. Brisiol Iloskings Ilou8es Trugt, Stratford.upon-Avon SF.I.FA, Skipion Si Ma¥nuJ Inlernytion41 F¢51iv41, Kirkwall Solar B¢ar Limit¢d, Glasgow Mu%ic in D¢t¢ntion, London Z¢st Th¢atr¢, Lin¢oln South London Theatrc Building Preyetvaiion Trusi Lld, We51 Norwood Papatango Thcatre Company C.hcl.8ca Phy.¥ic Garden, l.ondon Art9 & lJusine41, Cym Lewisham Education ArL8 Nctwork Blackwood Art$ Centr¢, Blackwood 10.000 10.000 10.000 10,000 10,000 10,000 10,000 10,000 10,000 10.000 10,000 10,000 10,000 10.000 10,000 10,000 10,000 10,000 10,000 10,o(Mi 10,O(Ml 10,000 10,000 10,000 10,0 10,o(x) 10,o(x) 10,o(x) 10,o(x) 10,000 10,000 10,o(KJ 10,000 10,000 10,000 TOTALS 3,976,000 200,000 A¢crued grant¥ brou¥ht foEivard Accrued grants cdrried forward {200,000) 255,000 Total 4,031,000 25
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2019 19. CIIARITABLE DONATIONS TO INSTrruTIOIYS (eOntin¢d> Paid Accrned I,EARNING Anna Fud National Centre for Children and Families, London Th¢ National Gallcry, London Dorget Natural History and Archaeology Society, Dorche8ter Hi¥toric Coventry Tn0 Inndon Common Room of the Great North Ltd, Ncw¢a8tl¢ Upon'l'ylhc Black Country Living Museum. Dudley The GairL8borough'8 Hou8c Society and Development Trust. 8utTolk Manchestcr Mu$eum. Man¢he¥ler Norfolk Mu8eum¥ Devclopmeni Foundation, Norwich Word.4worth Tru81, Gr&¥mere Friends of Leighrt House, tA)ndon Manchcxter Jewi8h Muycum, M4n¢h¢st¢r Bowcis mllUrn. Barnard C4911¢ Bri8tol Aero Collection Trust, Patchway The Society of AntiquariL¥ o(London, Piccadilly Alfrision School. Beaconsfield Thackray Medical Mu%cum, txedy Victoria & Albert Muxeum, South Ken$in¥ton Chordon Trust, Llandudno Nati0rt41 Tru8L, Swindon Leonard Cheyhire Disability Ixjndon Ely mu4m CIO, Ely Foundling Museum. London The Priest'8 Hou*c Muscum Tnk41, Wimborne Minster Ambitious about Autiym, Muswell Ilill Ihe Brili&h In4¢itute of Florence Ludge Hill I'Nst, Pulborouxh Mellon Vale Sixth Fom Coll¢¥¢. M¢ltott Mowbray Sir John Soane's Mu4eum, London The Royal National College for ih¢ Blind, Hereford Landmarks Ltd, sheIe]d Oak Grove Colle¥c. Worthin8 The National Amly Museum, Ch¢lg¢a RSA Acad¢mi¢¥, IATrndon NICE - Centrc for Movement Disorders, Bim)in8ham Berwick (8us5ex) Conservation Tru&t, Polcgal¢ Chawion Houge Library, Aln Copped Flall Trust, Epping Jamie's Farni Box The Grove School Si Luke'8 Acad¢my, Swindon CatAly$t S¢ien¢e Discovery Centre and Museum TtU8t l.imited, Widnes South Downs National Park Trust, Midhur5t Meadowside Community Primary Nursery School, Warrington Groundwork South Irust Limited, Go&port 250.IK)O 200.000 175,000 175,IX)O 175,000 150.000 150,000 250,000 100.000 100,000 100.000 loo.000 90,000 75,000 75,000 50.000 50.000 50,000 48,000 45,000 35,000 35,000 35,000 30,000 30.000 30,000 25.000 25,000 25.000 25.000 25,000 20,500 20,000 20,000 20,000 20,000 20.0(K) 20,000 20,000 20.000 20.000 20,000 20,000 20,000 20.000 75,000 25,000 20,(K)O Carried fonvard 3,1108,51HI 120,OINI 26
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS {continued) FOR THE YEAR ENDED 31 DECEMBER 2019 19. CHARITABLL DONATIONS TO INSTITUTIONS {continued) Pald Atcrued LEARNING (eontlnued) Brought forward Muyeumy Sheffield. Sheffield Drake Music ScotlAnd, Edinburg Ballyclare Hi¥h School, Bally¢lar¢ Afasic, London Cl¢arVision Project Amberley Mu¥cum & Heritage Centre, Near Arundel Thc Mills Archive I'rust, Reading Hcron Corn Mill (Beethan) Miinthorpe White Lodg¢ C¢n¢r¢ Ch¢rts¢y Din¥lct Family und Spwiali5t Early YearL4 Ccntres. Reading Hilbre I ligh School, West Kirby Birch Wood {Melton Area %pe¢ial School), Melton Mowbray Charlie Walker Memorial Trn*t, Thoictwn Orniiston B[hr1e]d Acadcmy, Pet¢rborough Cumbria Academy for Autism, Workington Ea8tleA Community School, London OmJi8ton Sir StAnley Maithews Academy. Siokc on Treni Th¢ Brunty Academy, Mansfield Hanham Wood8 Acadcmy, Bri1] The John Frost School, N¢wport Chace Community Secondary S¢h¢x)l. Enfieid Queen'5 Park Hi8h gchool, Cheyter Ormi$ton NEW Academy, Wolverhampton Springweyt Academy, Feltham reuthLryione Primary and Nur%ery School. Southall Albert Bradbeer Primary Acadcmy, Birniingham Pai8nton Academy. Paignlon Thame8ide Primary School. Abingdon Y¥gol David Hushes, Porthaethwy Maindee Primary Seh(iol, N¢wport The Oakwood Academy, Notts WolKy House Primary School, LeiL1¢r St Stephen'8 Church of En8land Primary Schtx)I, Brthdford Flugh Gaitskell Primary School, B¢¢$Lon, Leeds John Sm¢aton Academy, Leeds Owler Brook Prirnary School, SheIeld School Library AsgOCi&tion. Swindon Cottage Grove Prirnary School, South$e4 York¥wood Communily Primary School. Birniinghatn Crags Community SGhool, Rothcrhatn Bacon's Colle¥e, Rotherhith¢ Drapers Mills Primary Academy, Margate S¢4 View Primary School, South Shields Owhard SchcK)l. Bristol Dell Primary Schi)ol. LowE5tofi 3,008,500 20,000 20.000 20,000 15.0(X) 15.0(X) 15.000 15,000 13,000 13.000 10.000 10,000 i 0,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 9,000 9.OCKJ 9,0()O 9,000 8,000 8.000 7,500 7,000 7,000 7,000 7.000 7,000 7.000 7,0 7,(X)O 6,650 6,500 6,500 6,500 6,500 6,500 6,000 6,000 12O,INIO 10,o(K) 10,(K)o 7.000 Carried forward 3,446,15(1 147,00(1 27
THE FOYLE FOUNDATION NOTKS TO THE ACCOUNTS {CQD¢inued) FOR THE YEAR ENDFD 31 DECEMBER 2019 19. CHAIUTABLE DONATIONS TO INSTITUTIONS (tontinued) Paid Accrued LEARL¥ING (contlllued) 13rought forward 3,446,150 147,01111 Vigo Primary Sch¢yil, Andover Scraptoft Vallet Prtmary School, Leicester Dean Bank Primary School. Ferryhill St Anne's Roman Catholic Primary Wyvem Primary School, Leicester Mount Carniel R.C. Primary School, Bla¢kl¢y Hillside Primary & Nursery School, Nottingham Grange Park Primary School, Telford Newton Primary School. Dunblane Central PrimBry. Watford Alfrcd Salitr PrimEry School, Southwark, IA)rtdon Broad Squar¢ Community PTiniary S¢hool, Liverpool Prince Avenue Academy Nupw, Southcnd on Sea South Norwood Primary School, Croyd<)n Windmill Primary School. Telford Ixvett School Pupil Referral Unit, Dort¢#s¢¢r Woodhaln Burn Primary Sch(K)I, Newton Ay¢liff¢ Highbury Quadrant Primary School, London Leamington Primary and Nursery School Whiteways Primary 8chool. Sheffield St Silas Primary School, Blackburn Ridgeway Primary Academy* South Shield$ Hunnyhill Primory School. Newport Qucen¥ Church of England Academy. Nunealon Kilnhur&t Primary School. Kilnhurst Woodlandg Community Primary School, Birkenhead St Silas Church of England Primary Schix)l. Liv¢TPQ()I GolLar Junior, Inf4nt & Nurscry School, Huddcr.sfield Beech Grov¢ Primary School, Middlesbrough St Benedict's Primary School. Bimiingham Croxteth Primary School, LivErpool Di8forth Airfield Primary School, Thirsk St¢pn¢y Primary School, Hull EllesmeTe Collcgc. Leiceyter L'arr Hill Community Primary Schi)ol, Gateshead We8iborune Primary School, Bradford Ncwsome High School, Fluddersfield Robert Browning Primary School, tA)ndon Lings Primary sch], Northampton Oys¢¢r Park Primary Acadeiny, Castieford Becket Primary School, Derby Holy Trinity Chureh of England Primary Academy. 08w¢stry 6.000 6.0(X) 6.0(X) 6,000 6,000 6.000 6,000 6,(100 6,000 6,000 6.000 6.000 6,000 6.000 6.000 6,000 6,000 6,000 6,000 6,000 5,500 5,300 5,000 5,000 5,000 5,000 5,000 5.(x)O 5.000 5,000 5,000 5,000 5,000 5,000 5,000 5,0(KJ 6,000 6,(N)O 6,(K)O 6,(K)O 5.000 5,(X)O 5,000 5,000 Carried forward 3.677,150 176,1100 28
THK FOYLE FOUNDATION NOTES TO THE ACCOUNTS (cOntined) OR THE YEAR ENDFD 31 DECEMBER 2019 19. CHARITABLE DONATIONS TO INSTITUTIONS (continued) Pld Aeerued LEARNING {eootinued) Brought forward 3,677,150 170,0011 The Canon Peter Hall Church of England Primary School, Ir(llnin8ha All sainls Chuwh of England Primary Sch¢)ol, Upper Norwood Salford City Acad¢my, Manchcstcr Oakhill Primary Academy. BanL$ley Marland Flill Primary School, Rochdale Brighton Avenue Primary School, Gateshead Parksidc CoTnrnunity School. Ch¢yl¢rfi¢ld Seaton Shuice Middle Schix)I, Seaton Slui¢e Imperial Avcnuc Inf4nt SchiM)I, L¢i¢es¢er St Luke'y School, Redboum Che¥tnuts Primary School, Bletchley Valc View Primary Sch?1, Stockport In¢ake Prtmary Academyi Doncaster P&i%ley Primary School. Ilull New MaT%ton Primary School, Oxford P4lernost¢r Community Spe¢ial School. Cirencester Low¢r MdOW Primary Acadcmy, Sheffield Fairview School, Pcrth CalteTick Garri40n Camagill Communiiy Primary School, Catterick Ga180 Ashton Park School, Bri8101 St Cletnent & Sl James Chur¢h of England Primary School, London P¢¢1 P4rk Primary School, Hburn IlumbcrRlon Park S11 School, Humberyton Beardall Fields Primary & Nursery School, Hucknall Mereside Primary School. Blackp(M)I Gillay Laftc Primary Academy. Hou8hion-le-Spring Thirbk Comrnunity Prim4ry School. Thir¥k Sk¢gn¢8$ Junior Acadcmy, Skcgn¢¥ Derwent Primary School. Derby St Aususiine'g C&tholic Academy, Stokc on Tr¢nl St John's Primary School, Newca8¢lc Upon Tyne St Mark'& Roman Catholic Primary School, Newcastle Upon Tyne The Children's Hospital School, LeiLQlTrter The Grove Prirnary School, Cambridge Lyinc Community Primary S¢hool, S¢. Helens St Mary's Church ofEngland Primary School. Rochdale Birchwood Junior School, Lincoln Stanton Community Primary School, 8t8nlon l.Lttlecoates Primary Acad¢my, Grimsby St Oabriel'y Catholic Primary School, Omiesby Saint Joseph the Worker Roman Cath(Trlic Primary Sch(xFI. Man¢he¥ter Lockw(K)d Primary School, Boosb¢¢k Ranworth Square Primary School, LiveTpooI St Clement'5 COtE Primary School, ManchestLY 5,000 5,(KJO 5,(K)O 5.(K)O 5.(N)O 5,(K)O 5.000 5,000 5.000 5,000 5.000 5.000 5,000 5,000 5,000 5,OOQ 5,OQO 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5.000 4,500 4,500 4,500 4,500 4,500 4.5 4,5(Xl 4,500 4,500 4,000 4.000 4.000 4.000 4,000 4,000 4,000 4,000 4.000 4,000 5,000 5,000 5,000 4,500 Carried fotivard 3,882,650 19&500 29
THE FOYLE FOUNDATION NOTES TO THF ACCOUNTS leontlnued) VOR THE YEAR ENDED 31 DECEMBER 2019 19. CHAIUTABLE DONATIONS TO INSTITUTIONS (eontlnued) PAld Aeerued LEARNING (continued) Brought forward 3,882,650 195,500 Gardcn City Academy LLtchworth Garden City Notton House Academy, ChippenhaTll Our Lady and St Paul's Roman C8iholic Primary School. Heywood Epinary Buyines8 and Enieryrise School. Jarrow Hayting Hill Academy. Sundcrland St Paul'.% Church in Waleb Prirnary Sch(M)I, CarditT Benyon Primary School, South Ockendon m¢eT'S Wood Academy, Gainsborough S¢. Pelees CotE Primary Academy Mansfield, Man8field Christ Church Church of England Primary Academy. Fenton, Stoke ort Trent A$h Croft Pritnary Academy, Derby Bedwell Primary School, Stev¢na¥c Charnwood Prim4ry School Aeadcmy, Lichfield Kenilworth PTimary School, Borcharnwood Parklands Community Primary School, Elle8mere Port Mer¥ey Drive Community Primary School. Whilefield Knigh18 Templar Community Church SctrLooI, watc1t Hawbush Primary Sehool, Dudley Si Mich&el & All Ange15 Primary School. Woodchuh. Wirral Rcdc&811¢ Family School, Thetford Leverington Primary Academy, Wixbech Aircdalc Infoni School. Castleford Si Mary Magdhlene's Roman Catholic Primary Schix)I, Burnley Pegasus Prrmary School, CaAtle V&le, Bimiin¥ham -¢adgal¢ Primary S¢houl, LonKtt GuaTdilln Anxclm CatholiL Primary School, Birniingham Wrangle Primary Sehool, Wran8le Highfield School. Wakefield 5t Mary's CE (V A) Primary School, Wakcfield Holy Trinity Church of Eland Primary School, Southport Wyclitfe CE Primary School, Shipley LAmpard Community School, BHrn%taplc Bryning with Wwrton ST Paul'¥ CE Prirnary School. Warton Our Lady of the Angels Catholi¢ Primary School,'forqu&y Whitefield Community Primary School. Whiiefield Bonners CF. Primary School. Mllresfjeld Linton-on-ouse Primary S¢hool and Nursery, Linlon-on-ouse Backworth Park Primary School. Newcastle Cramlington Village Primary School, Cramlington The Laurel8 Primary S¢hool, Worthing St John'8 Walworth CE Primary School, London S¢ Catherine's Caiholic Primary School, Swindon St Teath Community Primary School, Bodtnin KilbLtrn Junior School, Kilbwn Church of England School of the resurrection, MancheNteT 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4.000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,0(K) 4.0(N) 4.000 4.000 4,000 4,000 3.500 3,500 3,500 3,500 3.500 3,500 3,500 3,500 3,000 3.000 3,000 3,000 3,000 3.000 3,1M)O 3,000 3,CK)O 3,000 3,000 3,000 3,000 3,000 4,000 4,000 4,000 Carried forward 4,044,650 2O7,51)0 30
TFIE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (eontirtued FOR THE YEAR ENDLD 31 DECKMBKR 2019 19. CHARrrABLE DOIYATIOIYS TO INSTITUTIONS (¢•ntirtued) P4id Ar¢rued LKARI¥ING {eontlnued) Broughi forward 4,044,6511 207,50 Hawthorn Primary School. Elgwick Bamiulloch Primary School, Glasgow Si S*phen's Primary School, Skn'pton College Park School, LA)rtdon Exeter Hou¥e Specio1 School, Salisbury Park Community School, Havant Kind¢rl¢y Community Primary School, Wisbech Oakwell Rise Primary Academy. Bamgley Crai¥ion Primary and Nur%ery Sehool, Glasgow Chulmlei8h Cornmunity College, Chulmleigh Watennan Primary School, RochfoTd Si jOsh,S Catholic Collcge. Swindon LAndau Fortc Academy Moorhead. Derby Christ Church , Church of England Junior School, Bristol Lon8 Infant SGhool. Riplcy Rokeby Primary Schogl, Rugby Blackwell Primary and Nursery School, Alfreton Hall Green School, Birniingham Swam)am Bullbeck Church of England Primary School Academy Okeford Fi(zpaine CE Primary School. Okeford Filzpatrte Southall Spe¢ial Sohool, T¢lford 'rhe Pcak Ac4d¢my. Dursley 3,000 3,000 3,000 3,000 3.000 2,500 2,500 2.500 2.500 2.500 2,500 2,500 2.200 2.000 2,000 2,000 2,000 2,000 2,000 1,500 1,250 I,O(x) 2.51)0 TOTALS 4,09SIIXI 225,OIMI Accrned 8r#nL8 brought forward Accrued gr4nts carried forward (225,000) 280,500 Tot•1 4,150,600 31
THE FOYI,E FOUI¥DATIOI¥ NOTES TO THE ACCOUNTS (CODtinued) FOR THL YEAR LiYDED 31 DECEMBER 2019 19. CHARIT ABI.W. DONATIONS TO INSTITU'fioNS {¢ontinued} SMALL GRANTS SCIIEME Paid Accrued Crcetown Building Presetvation"l rnsL Creetown Mark Evison Foundation Studio Theatro Club, S81i5bury All SainLq Church Community Centre, Camborne Finn'$ Place, lgOW Old Royal Naval College Chapel Fund Sireetz Ahead Unf(Trlding 'lTheatre, Newcastle Upon Tync Action for Refugees in l.ewi8ham, London Open Homes Nollingham. Nottingham Durham Mut*iC Trubl Voyage Youth Word8mith Aw8rd8, Old Trafford Arniilt Library & Museum Ccntr¢, Ambleside Souihwark Cummunily Education Council, l.ondon Opportunity Sports foundation, ChoTley Mid Wal¢s Mu$i¢'l'rusl, Bronllys Eco Dr4ma. Glasgow Thc Rhondd4 Netball Foundation, Pthonnda Barntslaple Pilot Gig Club CIO. Bideford Matrix Neurological, Middlesbrough UPIIOAR, Cowbrid¥c Youth Lxads UK, Bolton IILe South Walcs Multiplc SLlero¥i¥ Therapy Centre, sWana Barkin8 and Da¥cnh8m Ab Phab Youth Club, Dfigenlwn Si Paul's Artx C'cntr¢ Ilcdford Playcr¥ Tru¥t, Bedford Aurora Foundation for Pcoplc AbuNcd in Childhood Ilom¢Start Davenlry and South NoMhan15, Towcester St Martin-in-Ihc-Ficld4 Chri¥tma% Appeal, London Souihamp¢on Oppormnity Group, Souihampion Plymouth H¢artbcat Cardiac Rehabilitation Suite, Plymouth Cjirlguiding Porthcawl, Porthcowl Sehpoint Canoe Centrc, Folkextone 10,000 10,000 i 0,000 10,OIK) 10,O(M 7.500 7.500 7,5 7,0(X) 7.000 7.000 6.0(X) 6.000 6.000 6.000 6.000 6,000 5,000 5,000 5,000 5,000 5,000 5,000 5.000 5.000 5.000 5,000 5.0(MJ 5.000 5,0(K) 5,000 5,000 5,000 5,000 7.000 Carried fonvard 214,500 7,000 32
THE FOYLE FOUNDATION NOTES TO THF ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2019 19. CHARrrABLE DONATIONS TO INSTrruTIONS (eontlnlled) pil A¢erued SMALL GRANTS SCHEME (contlnuedl Brought forward 21400 7,IKIO All SainL% chUh , Plymouth Childr¢n's Book Fest- chichter, Chichcster Sport¥ Dn'ving. [kerb]e Music at Malling, W¢8t Malling S&vvy Th¢atro Company, R¢dhill SurvivoTS of Depr¢ssion in Trunsition. Sheffield Gacl Musi¢, Humilton Fcrtile Ground Dance Lid, Newcaytle upon Tyne Andrew Logan meUm ofseulpture. AbcrriwlB¢rriew MESH Community Cohesion Services, SheIe1d Springwell Village Community Venue, Gat¢yhe4d Skool of Sireet, BIAckpool Southampiort Musie Trugt, SouthampLon Principle Trnsi Children's Charity, Skipton The Housc on the Corner Colnmunily Proje¢i, W4lsall Solenl Youth AclLOll. Eastlcibrh Lisburn Downtown C¢ntre, Lisburn Hereford Sca Cadets ITS An*11). Gr¢yfriars Avenue Ea4t Co&¥l Sail TN%l, Ch¢lrn8ford Swundro-orkney Coastal Archaeology Tru%t, Birnay The SOwn Village Hall Charity. Exeter Ben'y Centre for Vulnerable Adulty, Shcffield The Space @ field Lane group, Brighoube Mu%eum of Carpet, Kiddemhin%ter 3rd Wilnecote Scout Group, Tamworth Theodore'¥ Church Parish of Kenfig Hill, Brid8end Teibury Rail Lands regeneralion'l'rumt, Tetbury Barcfooi Opera, Sl l.eonard$ Under Ihc Trets, Falkirk Beechbrae SCIO, Blackridge Hotne-start Havering Supporting Older People CIO, HJtrog4te Sestina Music, Bcifast Buckin&?ham Canal Soci¢¢y, Milton Keyne¥ Cromarty and Resoli film Society, Cromarty Ann¢ Rob¥on TTU¥t, Sievenage l¥1 Lym Valley Scout Group, Uplyme Compass Live Art Lid, Leedy London Back Society, Old 0Xd Puppei Place Trnst The Island Nl, York Sound Waves scio falkland Brierfield Action in the Community, Bri¢rfL¢ld Side by Sid¢ Thcatrc Cornpany Stourbidge. StQUTbridge Antony Dal¢ Truyt. Brighton The Net North Shi¢ld$, North Tyneside 5.000 5.000 5,000 5,000 5,000 5,000 5,000 5.000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 S,0(N) 5,0(K) 5,0(K) 5,000 5,0(K) 5,000 5,000 5,000 5,000 5,000 5,000 3,000 5,000 5,000 5,000 5,000 5.000 5,(MlO 5,(M)O 5,IK)O 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 CarTi¢d forward 444,5DO 7,OlJO 33
THE FOYLE FOUNDATION NOTES TO THL ACCOUIYTS (continued FOR TEIE YEAR F.NDED 31 DECEMBLR2019 19. CHAIUTABLE DONATIONS TO INSTITUTIONS {¢ontlttued) Paid A¢¢rued SMALL GRANTS SCHEME (contlnued) Brought forward 444,5110 7,01 Lyng and Disrrict Community Flall. Nonvich sailortown Regenergliion Group, Belfast BordcrN Scrap Store, Selkirk Ston¢hav¢n and Diqtrict Men's Shead, Stonchaven Goldhang¢r Village Hall, Maldon l.drnpeter Family Centre, LAmpetcr Dam48cu8 Parochial Church Council, Sutton Courtenay l.arn¢ Sca Cadet8, Larne Orion Symphony 0h¢stra Th&tnL¥ Sailing B4rby¢ Twyt, Ely Amcrtham Band, Greal Mis8enden Motion Control Dance, Bary Tiny Tols Community Playgroup, Strathfoyle West End ImpacL Morecambe Inside Out for Ch21dren Able Concern Causeway, Col¢raine ChanbTing Tun¢$ Midlands, Birmingham Si Edward'8 ChuTch, Eggbu¢kland. Plymouth INK (from Pen ¢0 Perfom]an¢¢l, Halc8worth Tarbai His¢oric Tru¥t, Portrnthornk Pennyuhael Community Hall, Isle of Mull New Note Projects, Brighton Archibald Corbett Community Library, Arts and Herilage Ccntre. LeW]h&M Sutton Valan¢¢ Villag¢ Flall, Sutton Valance Feiternear Hall, InveruA¢ Rathlnland and Dixlri¢t R¢¥en¢ralion Cornpany Ltd, Rathfriland The Hclptul Bureau, Stapleford Wharfedale Di¥trici Scout Council, Ilkley Thc Parochial chUh Council of the F£clesiastical Parish Of Thctford, Thctford Grat]ge Pgrk Centre, Lougborou¥h Norton Lind¥et Village Hall and Playing bields, North LIndY Whittinglon Music Fesiiyal, Oswestry 5th Newbold Rugby Sci)ut Group. Rugby Burley-ln-wlwfedale Scout & Guide Group, Burley-In-Wharfed41¢ Ileads Togethcr. Jcdbur¥h Mind Your Mate and Yourself, Newca8tle Shtublands Youth and Adult Ccntre Charitable Trust, Greai Y¥mou¢ Welsh Chatnb¢r Orchestra Ltd., Bridgend Irvinc Be81 FM, Irvine Hop¢ Spring5 R¢covery Centre. Chesterfield Carmarth¢n Family C¢nlr¢s Bik¢s for Relug¢e8 (Scotland) SCIO, Leith London Engli8h Song Festival, London Prometheus Orchetltra, Aldeburgh 5.000 5.000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5.0(M) 5.OL 5,000 5,000 5,000 5,000 5.000 5,(x)O 5,(x)O 5,000 5,000 5,000 5.fy)0 5.(K)O 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5.000 s,0) 5.OLK) 5,000 5,000 5.000 5.(M)O 5,000 s,000 4,500 4,500 4,000 4,000 4,000 4,000 4,000 4,000 5,(K)O 4.500 CaTried forward 057,500 56JOD 34
THE FOYLE FOUNDA'fioN N(yfES TO THE ACCOUL¥TS (eotstillued) FOR THE YEAR ENDED 31 DECLMBER 1019 19. CHARITABLE DONATIONS TO INSTITUTIONS (continued) Pid Accrued SMALL GRANTS SCHEME (eontlnued) Brought forward 657,51KI 5&500 School Ground Sounds Charleston Village Hall, Forfar ST-ART, BBrtoN-on-Hurnb¢r Norton Village Hall, Bury St Edmund8 Wotsley Hall (Wigan) CRC, Wig8n The Lintgn L4n¢, Kirk¢aldy WDGB Ltd. W¢5ton-sup¢r-M& Hull FgTnili¢s Proj¢ct, Hull Spinning Wheel, Dis8 The Boleh Trust, Pewy¢y Cl&8sical Sheffield. Sheield Birniin8ham Peoples Centrc. Binningham Newport Chirtese Comrnunity C¢ntr¢ Bangor Sell Cadety, Bangor Si James Road Meihodist Church, Shirley The Ekkle%ia Project {F.P Youth), Norfolk Calstoek Pari¥h Archiv¢, C&lling¢on Communily Assets Plus l.¢d. Lincoln Romiley Littl¢ Th¢atr¢, SLo¢kport Gla¥BOW Girls FC The River Cree Hatch¢ry 4nd Habital Trust Newton Swart Suppurtl.ine. Romford Blackburn Focxlbattk, B1kburn Sanyini. South Shieldx Grindleford Playirtg fi¢ld T1, Grindleford Dirliebane Thcatre Company. Edinburgh Oxfordyhire DyglexLA A8socLaliott, B4nbury Ford. Pallion & Millficld Community tkvelopn)ent ProjecL Sunderland K-otic Production%. Ea1 Kilbrid¢ The Link TecB Valley L¢d, Redcar The Laurence S¢¢rne TTU5t, Coxwold Moniaiv¢ Ini¢i4tivc, Moni14ive 1st Earsham S¢oui Group B¢ccle All Arts & M¢dia, Liverpool Church Street Project, Folkeytone X-Plore Youth Group> Fxeler Qff.8hoot Foundaiion, Sudbury Fri¢n¢l8 of fiintshire Citizen's Advice Bureau, ConnBh's Quyy 4,IM)O 4,IM)O 4,(KJO 4,IK)O 4,1)00 4.1)00 4.000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 3.800 3.500 3,500 3,500 3,500 3.000 3.000 3.000 3,000 3,000 3,000 3,000 3,000 3.000 3,000 3,000 3.000 3,0(X) 3,000 3,000 3,000 3,000 3.000 4,0(X) 3,0 3,000 3.000 3,000 3,000 3,000 Carried fotward 789JOO 81,500 35
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS {eontinued) FOR TIIE YEAR EL¥DKD 31 DECEMBER 2019 19. CHARITABLE DONATIONS TO INST[rrI0s {eoDtlnued) Pld Aeeru£d SMALL GRANTS SCHEME (cDntinucd) Brought forw4rd 789,300 81,51111 Bike to the Future, Newto Communigrow, Maidston¢ Friends of Aii¢nd ABI C&taly4t Arts Liniited, Bclf451 Brecon B¢Hcons Mu%ic Trust, Br¢cort Paul Pophpm Fund. R¢nyl Supp(Trrt W4l¢J, SwaTJs¢a The Fr¢y& Foundation TrarL4forniin¥ Nott¥ Together, Southwell Bloomin, Artq Lingfield 'The Spearhead Trust at Bells FaMho, Birniin¥hom Aciing on Impulse Ltd Manchester Reaction Theatre Makers. Malvern DMD Pathfinders. reading Arty Party Shrewgbury The Livewire Trn¥i. Harlow 5th Farnborough Scout Group. Farnborough C>eland Community As80ciation, BArry FND FrieNDs, Stoke WE ARE MUSIC, Great Oakley South Manchester AOS, Manchester Phoenix {Bridgwaier) scou¢ Group, Bridgwater Caris1181ington), London she]r From The Stomi, London Shrepreth Wildlife Conservaiion Charity, Shepreth Unscene Suffolk Limited. Ipswi¢h The Surbiion Youth Marching Band, Chessin8ton PenLader Family Cenire. Pencader Pur&llel You(h Enterpriye, London SL James Church Sutton Cheney. Sutton Cheney Able Kidz Astro Brain Tumour Fund, Hurtxtattton Alloa Musical Players Glas8ow Aciion for Pensioners, Gova Sheli(Trn Swimmin¥ for Therapy Club, N¢wca¥tle Aec&%sible Coach Holidays. Exmouth Society for the Promotion & Advancernen¢ OF Romany Culttlle, Clevcland Conn¢xions Comrnunity l.lub, Gainsborough Southwark Tigers, Southwark St Catherine'8, Tugford PCC, Crglven Arms Yasbury Village Hg411, cne Race Against Multiple SLlerosis Sign and Share Club. Nr Tenby Downs Syndrome Developmcni Truyt. Seaford Glasgow Aeceys Panel, Maryhill 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,0(K) 2.81KJ 2,71KJ 2,800 2,500 2,500 2.51)0 2.500 2,500 2,500 2,500 2,500 2,500 2,500 2,250 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,(N)O 2.000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2.500 Carried forward 898,550 86JOO 36
THE FOYLE FOUNDATIO NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 21119 19. CHAIUTABLE DONATIONS TO INSTITUTIONS (Continued) P#id A¢erued MALL GRANTS SCHKMK (eoDttnued) Brought fonvard 898,550 86,8110 Isi Ruskington Scout Group, Sleaford Portin8cale Villagc Hall. Ke8wick Montgomcryshire Youth Theatre. Wel8hpool UK Astronomy, Milton Keynes Rainbow Home (North Easi England), Newcastle upon Tyne Two's Company (Theatre) St Mary's Church, Carew, Tenby L[perth English Language Lesson D¢lphi Truht, Sh¢fficld Th¢ Jun¢tion Club, Be1[t Holy Family Catholi¢ Primary School Doncaster Long Toft Primary School, Donca4tcr Kirton iAnc Primary Sch(x)I, Doncaster Woking Youth Thcatre, Woking Ledbury MaTitim¢, Cad¢t¥, M4lv¢rn Link C&stlerwh Lifcstyl¢ Forum, Ca¥tlcr¢agh 2.000 2.000 2,000 2,000 2,000 2,000 2,000 1,800 1,500 I,i(N) I,oTh) I,0) I,oTh) I,O(M) I,0) 2.0(M) 2.0(M) 2.0(M) TOTALS 922,950 92,800 Adju8im¢nts to previou8 years, gran¢8 Acerned Grants Brought FtsrwArd Accru¢d Grants Carricd Forward {30,0) (92,800} 115,300 TOTAL 915,450 37
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2019 20. FINANCIAL COMMITMLNTS Year in which Payible Arts 20211 Po¢ty Society, London London Philharnionie Orchestra Studio Voltairc, LA)ndon Kingston Th¢atr¢ I'rust, Kingston upon Thamcs EaiTrt London Dan¢¢, StTatford Fry Art Gall¢ry Soci¢¢y, Saffron Waldcn MBt¢'s Gall¢ry, London Stroud Subs¢ription R(x)ms TTURt. Stroud Camd¢n P¢opl¢'¥ I'h¢atr¢, London KARST. Plymouth Studio 3 Arts. Barkin¥ Hanover Band Foundati¢)n, Arundel 'lThe Royal Liverpool Philharmonic Society, I,tverpool Mahogany Operu Group, London Kiln'lTheatre The Lit(le Sparta. Edinbur8h Stockport Garrick I'heatre Limited, Stockport York Early Music Foundatiott. York The MAC {MetropolLtart Arts Centrcl, Bclfa8t Cleveland Independent Theatre Company, DBrlinglon The Garage Trnsi, Norwieh Nalional Student Drama Festival, l.ondort Toon8peak Young Peopl¢'s Th¢aire, G14$8OW Mostyn Gallery Ltd. L14ndudno Greenwich Dance. London Big Telly Thea(rc Company, Port&t¢wart Conflux Scoiland Ltd, GIgoW Wren Mu8ic, Okehampton Hoskinu Houses TruNt. Stra¢ford-upon-AYon Shllkeypeare North Playhou Trusl, Tunbridge Wells Wac ArL%, London National GalICrie of S¢otlan(L F.dinburgh W#iershed Arts Tru%t Ltd, Bri¥tol Institute of COnMpOrary Arts, London King's Head Theatre, l¥lington Grdnd Opcr4 HOU Tru51, Belfast L£iee4ter Arts Centre, Lxicesler Cumbernauld Thealre TN4t Ltd. Cumbernauld Courtyard Trust, Hereford Inner City Mu81C Macrobert Arts Cenlre, Stirling Bovey Traccy Paradiyo Arty Limited. Bovey Trwcey Little Thcatre (Gateshead), Gatesh¢ad S.P.l.D. Thcalre Company. L4dbn)ok Grove 93,0(X) 60,000 50,0(M) 50.0(K) 50.0(K) 40.(XM) 40.(X)O 40.(X)O 40.000 Jo.000 Jo,000 25.000 25.000 25,0(X) 25,0(X) 2Q.O 20,0(K) 20,0 20.000 20.000 20.0(K) 15,000 15,000 14,500 10,000 10.000 10.000 10.000 i 0.000 150,000 150,000 150,000 loo.000 100.000 iOO.(K)O 100,(K)O 100,000 75,000 75,000 60,000 50,0(K) 40,000 25.000 25.000 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 TOTAL 2,137,500 38
THE FOYLK FOUNDATION IYOTES TO THE ACCOUNTS (eontinued) FOR THE YEAR EIYDED 31 DECEMIIER 2019 ZO. FINANCIAL COMMITMENTS {contlnued) Year In whleh Plyable Learnlng 2020 Long Shop Museum, L£i8ton Sutlon's Ho8pital in Chanerhou8e, London R¢-forni Ileritag¢, Stok¢-on-Trenl Mary Ilare boundation, Newbury Shcerncss Dockyard Pr¢erVatIOn T¥1, Sheern¢85 Goodwood E,ducation Trust, Chichc8Ler The Buckingham¥hire County Museum Truyt, Aylesbury Sir John Soane'y Muscum, London Pitzhanycr Manor Truyt, London NoLtin¥ham Trent Univcr8i¢y, Nottinuham Wcst Somersei Railway Association {WRSA), T4unton DLincaster Deaf 'frust, Doncasler Th¢ Trimontium'frust. Roxburghshire David pa Hou5¢, C4mbridg¢ The Old Kiln Museurn'l'rusl, barnham N¢wspal, London Naiional Purtrail Gallcry- London En¥lish Hcrila¥c Trust, Lx)ndon National SpaLe Centre, Lciccster Sheemc.K4 DuLkyard Prcxervation Trust. Shccrn¢8S Ragged SLhuol Mu8cum TTUXL, London Hi¥lori¢ En]nd tr'oundaiion, London Bedfordshirc Opportunities for l.eaminB Dishbilities, Bcdford The Royal Parks, IA)rtdort Eurekal I'hc N8tional Childr¢n's Mus¢um, Halif*x Trinity IAban Conservatoirc of Music and Dan¢¢, Gr¢cnwi¢h Bletchley Park TNSI Limitcd, M21ton Kcyn¢s KilTnartin Muyeum CompBny l.Id, Kilmarttn Ilovin¥ham Primary S¢hool, l.c¢ Creywick Primary & Nur8¢ry S¢hool - Welwyn Garden City Salt¢rsgat¢ Inf4n¢ S¢hool, Don¢a$lcr Alfr¢d Str¢el Junior School, Ru$hd¢n St Anne's Roman Catholic Primary School, Gla¥gow Si Cl¢m¢nl'5 Church of England Academy, ilirniingham Si Il¢lens Church of England Schoul, Pontefrnct St Peler's Church of England Primary Sihix)I, Accrington Chorley New Road Primary School, Horwich South Pethetwin Primary S¢hiK>l, South Petherwin Townville Infant School Burton Pidyea Primory School, Burtort Pidsea 50.(K)O 5(J,000 50,000 50,000 40,000 40,000 40,000 25,000 25,000 25,000 20,000 20,000 20,000 20,000 20,000 10,O(x) 200,000 150,000 150,000 125,000 100,000 100,(M)o 100,(x)o 100,(x)o ioo,(K)o 93,(x)O 75.(M)O 75,000 9,000 6,000 5,000 5,000 5,000 4,500 4,500 4,000 4,000 3,000 3,000 2,000 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 202 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 I'0'1'AL 1,928,000 39
THE FOTrIE Fouf4DATION NOTES TO THL ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2019 20. FINANCIAL COMMITMENTS (eontlttued) SMAU Grantg Scheme 2020 Year in whieh Payable Opera Prelude, F&wley Tolpuddle Old Chapel Trust. Dorchester Hope 4 Barking and Dagenham, Barking Llanfyllin Dolythl Building Preservaiion Tn1 Ba8el¢&8 Fabric Theatre, Wimbledon Godolphin Cro8s Comrnuniiy As$ocIl0. Helston Rid¥¢w¢ll Village Hall, Halstead Brou¥hty Feny YMCA, Dundee The Aimscliffe Hail, kluby A¥hale¢ Village Hall. Aghalee Newton Stewart Museum, Newton Stewart Collydean Community Centre, Glenrothes Kettins Pari.4h Hall, Blairgowrie The Beaminstcr Mu.%eum Tru%t, Beaminster Claclon Sea Cadets, Claclon-on-sea Stromness Church of Sco¢land.. Orkney Stromnegs Loddon Diytri¢i Scouts. Readin Fri¢nd8 of thc Vi¥ilan¢e, Brixham Matsyic C4rp¢t IF.x¢ter). Exeter Maiden City Soccer Academy, Londondeny Sprin¥fL¢ld Community AB8ocia¢ion (North TynIde>, Newc&8tle upon Tyn¢ Girlguiding Ep50m Division, Epsom Rudston Playing field, Driffield Dinedor Vi114gc Hall, Hereford 1st Blofield & Brundall Sea Scout Group, Norwich 4th Dun8lable157th Beds) Scout Group, Dunstable 181 BaAlial¢g Scout Group, Newport Canolfan Gymdeiothasol Llanbedr. I,lanbedr Maudsl¢y Charity 10,000 10,000 10.000 8.000 7,500 7,000 7,000 6,000 5,000 5,000 5,000 5,000 5.000 5.000 5,000 5,000 5,000 5,000 4,500 4,000 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 4,000 4.000 4,000 3,500 3,000 3,000 2,500 2,000 1,000 2020 2020 2020 2020 2020 2020 2020 2020 TOTAL 151,000 40
THE FOYLE FOUNDATION NOTES TO THE ACCOUNTS (etsntlnued) FOR THE YEAR ENDED 31 DECEMBER 2019 20. FIL¥AP4CIAL coiiqMrrMENTS {eontlnued) Year in which Pay#ble Art• 2021 Poety Society, kndon London Philham)onic Orchestra Th¢ MAC IM¢tr)politan Art8 Centre), Belfast Mostyn Gally Ltd, Llandudno National G411¢ri¢s of Swtland, Edinburgh Royal Wwl of England AdeMy, Clifton ITLStitut¢ of Cont¢mpoTary Arts, London Shakcyp¢ar¢ Glob¢ Tn1, London Pecklwn Pl4tform 92,0 65,0(X) 20,0(X) 14.5(M) 200,000 100,000 100,(XJO 100,uoo 50,000 2021 2021 2021 2021 2021 2021 2021 2021 2021 Total £741,500 Yeir In whlch PAyable Learnln8 21b21 National Portrait Gallery, tDndot) British Academy, London Prily801 Aberystwy¢h Univ¢rnily, Ab¢rys¢wyth Bleiehley P4rk Trust l.imit¢d. Milton K¢yn¢s The Fifth Sevenoak 200,000 150,000 150,000 75,000 50,000 2021 2021 2021 2021 2021 Total £625,000 Year In whleh Payable 2022 2022 Artl 2022 Shakespeare Globe Trust, London Poe¢ry Society. London 100,(x)o 90.000 TolAI £190,000 21. LEASE COMMITMENTS At 31 December 2019, The Troundation w&$ committed to making the lollowing payments under non- canccllable operating lea8¢$: 2019 2018 OperalinB leascs payment¥ due within the next year Op¢ia¢ing lcaycy payments due between two to five years 15,000 36.0(M) I5.0) 41
THE FOYLE FOUNDATIO NOTES TO THE ACCOUNTS (eontlnued) FOR THE YEAR ENDED 31 DECEMBER 2019 22. RELATED PARTIES Trn8tees of the Foyle Foundation are also trnstees of the following organisations whieh We Aworded grantg by The Foyle Foundation during the yeAr. There werc no balances oul¥tandin¥ at 31 Dccembcr 2019 in rcspcct of these grant8. Grant awarded 2019 2018 Chichester Art¥ Trui*t Mountview Academy uf Theatre Art¥ F.arls Court Youth Club 10,000 150.000 15,000 60,0 60,0(X) 175,000 23. POST BALANCL SIIELT LVLNTS In March 2020. Ihe World Ilealth Organi$ation de¢l&red the outbreak vfa novcl LoronaviN8 I"COVID-19"1 &4 a "Public Ilealth EmcrgcnLy of Inlcrnational Con¢¢rn" COVID-19 conlinu¢s lo spread ¢hroughoul th¢ world and has adversely affeclcd ¥lobal commcrcial 4G¢ivily 4nd wntribu1 10 8ignifi¢4nL d¢cline8 and volglilily in financi markeis. 'Th¢ boundation implcmcntcd part of ity risk assessmenl plAnninB and cloged down the Foundation office with all BlatT home wurkin¥. From thc end of March 2020 the Troundation temporarily cloged down receiving new applications in order to con¢a¢l all receni grant¢c¥ to their Niwaiion and amcnd Icrni¥ o( grani, whcre applic4ble, and to review existing grant commitmcnts. rrom 1st June 2020 the Foundation re-opencd it% Srnall Ciranl% Scheme. Thi¥ w43 follow¢d by r¢-opcnin¥ of the Main Grants Scheme in mid- July 2020. both op¢r4tin¥ under r¢viy¢d ¢ril¢ri4 r¢fl¢¢ting the impart of Coronaviru%. As the Foundation'x grant applicatittn procedure i¥ now on lin¢ th¢r¢ wa8 liltle disruption to op¢r4lion¥ and home workin8 went srnoothly. The FDunda¢ion's quoted inve8¢ment8 fell.8harply in March 2020 bul have been recovering munth on month yin6c Ihen. Proj¢¢¢ed incume from investments i¥ expected to fall durin# 2020 and Ihe Foundaiion revised its forccast incom¢ projection¥. Cayh Tc¥ervc¥ arc healthy and su1(1enI and il was noi considered neceyyary 10 revise (he annual gTanL¥ bud¥ei for the year. There havc been no other significant evenls subsequent the balance sheet datc that Are outside the charity'8 nornial activities. 42