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|Summary ofthe main<br>achievements<br>ofthe charity<br>during the year|Summary ofthe main<br>achievements<br>ofthe charity<br>during the year|~<br>~<br>~|Foundation<br>Awards operating<br>in 10Teignbridge<br>schools<br>T individual<br>bursanes<br>awarded<br>21 school-based<br>workshops<br>1200+young people benefited<br>from THF activities|
|---|---|---|---|
||||THF 40for40 campaign<br>celebrating<br>Helen's 40'"birthday exceeds|
||||f40,000 fund-raising<br>target to raise f60,000|
|||~|Successful fund-raising<br>allows THF to create The Helen|
||||Foundation<br>Arts Recovery Fund (THFARF) that more than|
||||doubles the 2020 amount available to schools to spend on arts|
||||activities. For 2021, primary schools were offered &000, and|
||||secondary<br>and special schools f2000. Schools will be able to|
||||continue to draw on the THFARF during 2022-2023|





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||||||RESERVESPOUCY||||||||
|Briefstatement ofthe|||||||||||||
|charity's<br>policy on reserves|||||~<br>it isafundamental|principle ofthe Foundation||that its core|||work||
||||||should be able to continue despite the inevitable|||ebb and||flow||of|
||||||annual<br>fund raising.||||||||
||||||~<br>Ithas therefore been agreed<br>by the Trustees||that a||minimum|||of|
||||||f120,000 should<br>be|held<br>in secure funds to generate|||an annual||||
||||||income ofapproximately<br>f4000. These funds||are invested||||in a||
||||||bank account and/or|a spread of ethical investments|||approved|||by|
||||||the Trustees.||||||||
|Details ofany funds|||materially||||||||||
|in|deficit||||||||||||
|Further financial<br>review details||||(Optional<br>information)|||||||||
|You may choose to <br>additional<br>information,||include<br>where||~|The charity benefited<br>in <br>40for40 campaign|2021 from exceptional<br>income from the|||||THf||
|relevant about:||||~|Normally,<br>funding comes from avariety ofcourses:||||||||
|~|the charity's<br>principal<br>sources offunds (including||||- Collecting boxes in business<br>such as pubs and shops<br>- Donations<br>- Income from investments||||||||
||any fundraising);|||~|The charity has adopted|a sustainable<br>and ethical|investment|||policy|||
||how expenditure|has||~|All funding<br>supports<br>the|objectives ofthe charity.|Being entirely||||||
||supported<br>the key||objectives||volunteer<br>driven,<br>no salaries are paid and no rentals|||paid|on premises||||
||ofthe charity;||||used forthe work ofthe|charity|||||||
|~|investment<br>policy||and||||||||||
||objectives including||any||||||||||
||ethical investment||policy||||||||||
||adopted.||||||||||||





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