Charity Registration No. 1127848 The Wisley Foundation Unaudited Report and Financial Statements For the year ended 31 December 2024
The Wisley Foundation REPORT AND FINANCIAL STATEMENTS CONfENTS Page Trustees and profesJloD31 advisers Trllstees, report 2-5 Independent Examkner's Report Statement of fth*ncia] attivities Balanee sheet Lyotes to the accounts 9-14
The Wisley Foundation REPORT AND FINANCIAL STATEMENrs for the year ended 31 December 2024 TRUSTEES AND PROFESSIONAL ADVISERS TRUSTEES T jol1tn (Chair) C Brodie (resigned 08.01.24) L Cthy (appointed 01.02.24) M Camithers Q Heaney S Noble Owens S Pesthier P Tunnacliffe A Wolton (r¢81gl 07.0225) REGISTERED ADDRFSS o The Wisley Golf Clllb Woking GU23 6QU INDEPENDENT EXAMtNER Matthew Bather ACA Moore (South) LLP Suite 3. Second Floor Friary Court 13-21 High Street Guildford GUI 3DG BAfqKEI4S Bank of Scotland 1441148 High Street SouthatDptOll S014 2JF
Tbe Wisley fi oundation REPORT AND FINANCIAL STATEMENrs for the year ended 31 Deeember 2024 TRUSTEES, REPORT The Tru51e¢s subLit their at]nual report atLd fjnanrial statem¢nts for the year ended 31 D¢c¢mber2024. The Twst¢¢ have adopted the provi5iOll5 of the state¢llt of RecOnellded Pra¢tie¢ (SORP) "A¢wunting by and Reporting by Charities {fRS102)" ill Preparing the allllual rq)ort f]Danciai ststements of the charity. CONSTrruTION The cbarity is a registered cbarity established by a tnt deed on 20 J8auary 2009 and registered &8 a Clwity on 3 February 2009. registercd number 1127848. TRUSTEES T JOlU (Chair) C BrJIe (resigtted 08.01.24) L CaTby (appoinled 01.02.24) M Carnithers Q He¢Y S Noble J Ow¢n8 S Pescbier P TuDllacliffe A Woltoll (resigncd 07.02.25) ThE TSleeS are appOited fora ter of tbree years and call k re-elected for three tern]8. RECRurrMENT AND APPOINTMENf OF TRUSTEES The Boardof Trustees is respottsible forthe recrnitment alldaptK)intment ofTrustees. The Boardseeks to eALsure that they have the requisite 8kiUs betw¢en thern to run the charity. TRUSTEE nNDUCTiofq AND TRAINING Mostnew TnteeS are already familiar with the practical work of the orgatiisatio New TSte ar¢ given a sho¢ infornial trai]ng s¢s8ion faTDiIiarise thellwehTes with the charity and the ¢ont¢xt which it operatr4 including.. The obligations of Trustees. The n)ain documenls which set out the operational framthvork for the charity. Resourcing attd the current fU1¢Ial wsition as set out in the lawt published a¢ccAmts. Futll plans and objectiYe5. OBJECTIVES The Foundation 18 a gEallt rnaking chaEity its 8tatcd objective (Trusi deed dated 20 January 2009) belg such exclusive charffttable objects &8 the Trustees their absolute discretion think fit but to include (l) the advoncement of edu¢atTron and (2) the relief of povcrty alld sicklless. Since ils tnception in 2009 its reach has expaoded to cover all those who ill need in the c0MunIty. The Trustees will continue to pUrSe the objectives aadY fjrndy established with regard to the overall Foundation stiategy.
The Wisley Foundation REPORT AND FINANCIAL STATEMENrs for the year ended 31 December 2024 TRUSTEES, REPORT cont, PUBLIC BENEFIT The Truskes havE had due gard to the guidallcc issued by the CharÈtie3 Commission on public benefit when reviewing the charity's objectives aTLd pla1Ill8 futhre activities. ACIUEVEMENTS & PERFORLIWICE Notwithstsnding tlke challenges faced )uLd tbe world with continuing rising costs, the FouDd&tioncontiDued to make a positive and meaningfid impact ij) local ConlUti1ties. Full ddails of gfdnts awarded are sho below. A8 a golf club charity, the Foundation i8 a]most eniirely dq)eadellt on the generosity of the members of The Wisley Golf Club PIC ("The Wisley" or the "Club,?. Normally thc Club holds 2 main charity cvcnts for the bcncfit of the Foundation.. The Doublet attd The Clwity Team Challcngc. The Foundatio sincc its illccption in 2009, haq donated over £1.2 million for the benefit of the local eojnmunity. Thix 18 a remarkablc a¢bievemellt for a golf Club chlty. In 2024 over£l14,(M)O in total wasTaised from thesemain events, member donatiOJL8 and otherActivitics. in particulat from Club wmpetitiolls and tbe event to Celebrate tbe re-opet]ing of the Garden course. The F(nthdation remains ill a Strong posilion lo make 80me impactful donatioLs, helping to bring posltive ¢lge in peoples. liv&8 going forward into 2025. Surrey's Ou18talldg natural beauty and per¢eived wealth mask ffincreasingly high level8 of social depVatio1L TioUgh the Foundation, The Wisley bas recognised its role within the local community and the lleed to contitMe to aGtiv¢ly engage with and support smalt local clwities who work tirelessly to meet the needs of the eTrtir6 comTDuntty. In 2024 grants were made by the Foundation to both existsng and new olwltable parlllers {some of whom were introduced to the I,oundation bymembers) a8 follows: I Choose Freedom. giving 8UPPOrt for'The Welcome PA¢k Project. which providei packs for families settling into the rege for sutvivors of domestic abuse; The Founlain CentsE. l¢)cated witbin St Luke's Callcer Centre at the Royal Surrey Hospital, witb monies 8UlWQrting the cre&tion of a garden lettace. The purchase of a horse for Ridillg for the Disabled in Bookham. The swa San¢ts]8ry. a charity dedicAted to the wellbeing of swans and waterfowl. Riplry Village Ha]L ahead of its Offical opening in June. Fundillg for the Fit Club and Sports GTOUP at Halow. a clwity siwrting people with learning disabiliiies on their jourlley into al tljrough aduIt life. Parity for Dffts&6iIity, witb thepur¢hase of a therapy ¢hairconsidered invalvable itiproviding support forpeople with pmfound and 11]ple disabilRIics' Stripey sto making a pledge to supportThe Big Give cawpaiw atmed tomeet the illcrea8ed need for wan safe places to sleep for children experiencing txjvety in Surrey and CYoydoJ' Exllna's Bubble Trust. to re-fit a kitchell at the clwity's flat Used to support teenagersbeing treated for cattcer at The Roy81 Matsden Hospital in Sutton. GASP Motor Projeet, wÉtb thc funding of 3 motoffbikes, to develop the tducation. prtcti¢al skills alld personal attributes of Ntherable youngsters, using motor mechanics and engineertng" The Big Leaf Foundatio fiklldillg a Sp$ for Conoection prograDlle for displaced young people in Surrey. IA)veworks.org.uk- 8UPPOrt for the di8tnbuiioa of foo(L In addAlio we contitlld to support the member8. own ¢bpritable endeavours througb sponsorship. This year we supported a charity cycle ride for Envision #ttd Can¢er Res¢Jr¢b UK. The Truslees would like io thank all tlLe Jnemb¢rs and who have 8UPPOrted the F¢jwK1loll as well as the DitEbÉots uf The Wislty. the Club Captatti. th¢ Captain'8 Y¢3r cOnlttee aad the managemeot team and staff who make itall possibl¢.
The Wisl¢y Foundation REPORT AND Tr'INANCIAL SI'A'fEMENTS for the year ended 31 December 2024 TRUSTEES, REPORT cont. With this coniinuing support, the Trustees look forward to eontitiuing the Foundatioll's wotk in 2025 with existillg, new and fvture partners and strengthening The Wisley's links in the local community. GRANT GIVING POLICY The primary focus of the FIndatIon is to Sllprt local (Surrey and adjoining CoutJtie6) ¢lwAtable organisalio wOlg oll behalf of all tbe cor(Vlty in nccd. Support ivÈll provided on a project basis rather than g#neral gift givitig. The Foundation wishes to be associated with measurable activity wbich ¢aD be reported back to the memlxrs. Smaller charities, whereby the Fourldation's contributions can make a significant difference, ivill be favoured over largerorgaoisations. TheFoundatinn opcrdtc$ a cnnscrvative fJnan¢ial policy. Rorrowtng and 4)eculative tnvestment will notbe pertnitted. Funds will Only bc conullittcd OD all ajwual basis based on received funds in that year. FThANcL HEVt&w Duting 2024. the charity received £114,107 (2023: £99,178) by way of don&lions and a fvrtbcr £840 (2023.. £549) from bank interesi. Total resourceg expended in the pertod amounted to £98,715 (2023.. £96,866) rcsultillg in a net su&plus of £16.232 (2023: a net surylus of £2,861) with att urtrestrieted fund bal2n¢¢ of £99.782 (2023= £83,550) and a restricted fulld balallce of £Nil (2023.. £Nil). GOVERNANCE As a resuli of their COEnmitment to best practice alld governauce, the TrLEStees colltinually Eeview the processes and practice of tbe Foundation. tn 2021 tILe TTustees ased a set of Policie5 alld Procedures for the FoatIon and al80 formalis ad adopted a Rxsk Regtster. These are subject to periodic review. with both revicwcd in July 2024. RtSK MANAGEMENT The Trllstees are reonSible for enwring that tlLe chatity has an approNiate system of controls, fmallciel attd otFLerwise. They are also responsible for Sdfrguarditig the assets of the charity and hence for thkttig re&sonable steps for the pr¢veation of fraud and other iTreguldtities. The T[tErS aTe cottutlitted to bestpractkC¢ alld WllÉinu¢ ¢0 monitor th¢ pro¢esse$ and ¢ontrol& RESERVFS Thr Foundation is continually reviewing its reseryes wsition. tn 2020 the Tnle¢S Conwiissioned a full reserves policy teview which was agreed and fonnalised in May 2020. Having referred io "The Chatity Commissiott. Guidanee docutnent- Ckwity reserv building reliance (CC19)" the Trustees agreed that the Foundation should be assessed at very low if llot negligible risk. In Decejnber 2020, the Trnstees decided to maixilaiti a minimum balance of £5,IM)O in reserves, inchillg £2,500 for tbe provision of operdtiag costs (inelllding proFessiooal lees and sundry costs, sucb as printing and website Jnaintenance). It was agreed tbat the reserv Icvel and position ivill be motjitorcd and rriewed periodieally to refiect it practice. The Re8erYes Policy w&8 reviewed in July 2024. and no challge was proposed.
The Wisley Foundation REPORT AND FINANCIAL STATEMENTS for the year ended 31 DeC¢ber 2024 TRUSTEES9 REPORT cont. TRusfEL8* REsPONs1T The Tntee8 are rc8ponsible for preparillg the Trustecs. Annual Report alld & fm8nci81 statements accoidauce with applicable law and United KiElgdo Accountiug Standards (UDited KIDEd0 Gellerdlly Acccpted AcCou1]ng Pra¢tiee). The law applr¢able to charftties in England & Wales requires the Trustees to prepare f¢181 statements for each f]tL4Dcial year ivhich give a tme and fair view of the state of affAirs of the Charity and of the iticon)ing resources and application of resourcesof the charity for thatperiod. Inprepry these fmancfftal statementy the Tnlee8 are required select suitabk accounting poliGie5 and then apply Gon5iStelltly" observe the methods alld principlcs tbe Charities SORP 2019 (FRS 102}" make judgements and ¢stimat&s that are rea8onabl¢ Prudellt" state whether appIlble accounling standards have been followe(L subject to ally material departures disclosed and explained in tbe financial Statemet. prepare the f¢181 statements on tbe going concern basis unkn it is inappropriate to presume that the charity wiIl Continue ill operatio The Tnte¢S are responsible forkeeping proper a¢countiag records thatdisclose with reasonable &c¢ura¢yat ally time the fu¢la1 posltiott of the cbarity and enable them to ensu that the fmancial statements comply with the Chariti¢3 2011. the Cbariti&4 (Acwints and R¢port8) R¢gulations 2008 and the provisions of the trust de¢d. Th¢y are also r¢spon8ible for safeguarding th¢ ass¢ts of th¢ thtty and Iwe for taking rea8onabl¢ stq)8 for the prey¢lltiO al d¢¢¢ctioD of fraud and other iwlarities. By orderof the Board on 2025 TvOr Jollljson Chair of Tntee8
The Wlsley Foundation INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF I'HE WISLEY FOUNDATION I report to the charity's Ttustees on my examination of the a¢¢ounts of The Wisley FoundatioD for the year ellded 31 December2024, wbi¢h are set out on pages 7 to 14. Respon¥ibilities alld basis of report As the ¢iwity'8 TnleeS y¢)u are respon8tTr>l¢ for the preparation of the accounts in accordance with the requirements of the ChritieS Act 2011 ('the Act.). I report in respecl of my examination of the charity's acwuots ¢arried out under section 145 of the Act and in carryillg out my examiDatioTh I have foliowcd all the applicable Directions givenby th¢ Charity Commi88ioo under section 145(5)Ib) of the Act. Independent aler,5 5tatellLent I bave coTnpletEd rny examffination. I conf that no Matla1 rnattet3 have cOt to Y attention conncctio with tlle examination giving cause to believe that in auy matertal respect: aecoutttiug records were llot kept in pect of the ehatity as Tequired by section 130 of the Actr. or the aeeounts do not accord WAth those tecord4' or the accowits do not conwly with the applicable requirements concernillg the forni andconiettt of accounts set out ill the Chariii¢s (Accounts attd ReAM)rts) Regulations 2008 other than any requiremeth that the accounts give a 'ttue and fair view. which is not a Jnatter considered as part of all independent examItIOn. I have no concerns and have c4)me across no otber matters in connectlojl WAth the eXam1ttIOtt to which attention shouLd be draivn in thi8 report in ord¢r to ettable a proper understanding of the accounts to be reached. nAsL Matthew Batbcr ACA Moore {South) LLP Suite 3. Second Floor Friary Court 13-21 High Street Guildford GUI 3DG u J_ 2024
The Wisley Foundation STATEMENT OF FINANCIAL ACTIVITIES Year Ended 31 December 2024 Totsl Total Year eDded Year ended 31 December 31 DeCeber 2024 2023 Unrestrided Restricted Note Ineome Iro. Donations 114,107 114,107 99,178 Ch4rltabie a¢tlvides Inv¢stments 840 549 Total Income 114,947 114.947 99,727 Eipellditure on: Ch8ritable actiti8 96.672 96.672 94.030 Othei 2,043 2,043 2.836 Total expenditure 98,715 98.715 96,866 Net movern¢llt kn funds 16,232 16.232 2.861 Re£onciliatioll of fullds Total funds brought fonvard 83,550 83,550 80,689 Total fimds cattied fonvard 99.782 99.782 83.550 There are no recognised gains or losses other than those shoTrll the staternellt of fJDallcial activitie& All of fhe above results are duived froED COlltillUiDg activities.
The Wisley Foundation BALANCE SHEET As at 31 Dccembcr 2024 Note Year-end 31 December 2024 Year-end 31 December 2023 CtIRRENT ASSETS Cash at bank aTLd in hand 101,445 85.593 101,445 85.593 CREDrroRS: amounts fAllthg due itlthi one year {1.663) {2,043) r4ET CURBSPIT ASSETS 99.782 83.550 I¥ET ASSETS 99.782 83.550 FL1Tr4DS Untestricted Funds 99.782 83,550 TOTAL FUNDS 99.782 83,550 The8¢ finan¢ial 8tatements were approved by the Tntee8 on Signed on behalf of the Ttustees 2025. Jo Owens Trustce
The Wislcy FollndatioD NOTES TO THE ACCOUNTS Year ended 31 December 2024 ACCOUNTL¥G POLICIES The prill¢ipal ac¢oLmting poli¢i&8, all of which have been applied consistently tIoughoUt the pcriod. are: Charitable Company Status Theclwity is Lmin¢orporated.And the addiess of the prtncip81 office iSEivenollpage l ofthG8e fioallcial statements. The nature ot the eharity's operdtions aDd principal activities ale explained ill the Trustees Report. The charttsble entity co]L8titute8 a public benefit eniity 88 defIn by FRSIO2. b) Basls of preparatioll The fjtwicialstatemenisbavcbeen preparcd inaccordancewith AccouDttng andRwrting by Ch8rili¢8: Statement ofRee0nenrted Practice applicablclo charitics prcparing thciraccounts in accordancc with the Financial Reporting Standard applicable in ttLe UK attd Republic of Ireland (FRS102), Chariiies SORP 2019 (FRS 102) second edition. attd the Chariti¢8 A 2011. The fmattcial stateAnents are prepared oll a going concern b&8is under the histori¢41 ¢ost ¢ottventioll. The finall¢ial statements are prepared in s*rlitig. which is the fvrtctional curren¢y. attd bave been rounded to the nearest powid. Coing contern Th¢ accounts have bcell prepared on a goillg concern basis. ILowev¢r th¢ natur¢ of the dwity m¢aos that fotecastiDg future inci)me cannot be deteined with any certainty, as the ¢haTity i¥ re]iant upon the Eu]LdtaisiDg f>M The Wi51ey. The charity 0Y Coll11 futmls when th¢y hav¢ in¢ome avattable. d) ]Dcoming resouree5 lllcome fro dollations is accoullted for in ttLeperiod ill which the charity 1$ entitled to rec¢ipl. Gift Aid is included a receivable ba8iS. tllvGStcllt illcorne is includcd when the c]wity 1$ entitled to r¢¢eipt. Resollrees txpellded All expenditllre is accounted for on an accruals b8sis and includes 1coverable VAT. Charitable expendfftture inehmks grdnt8 and expenditure related to the direct thrtherancc of the charity's Charitable objectives. The are rtcognised WI the Trustees approve them and illte tbem. Other Costs illclude those Costs associated with meeting thc constitutional stal0ry requirements of tbe clwity and include the reporting accountant's fr&8 and costs lÈDkcd to the strategic rnanagement of the ¢bty.
The Wisley Foundation NOTFS TO ThF ACCOUNTS Year ended 31 Decejllber 2024 ACCOiJNTING POLICtES (contlllued) Taxadon As a regisiettd Charity, The Wisley Foundation is exept frottl thation of income alld gaius within s¢¢tiott 505 of theTaxes Act 1988 or se¢tlOA 256 of the CharitiesGains AGt 1992 to the extent (hat these are applied to its cbaritabl¢ objects. No tax charge has arisen ill the year. DebtOTS Other de{6 are rworded at the 8ettlement amouDts. Prepayments an valued as the a]nounts prepaid at the balance Sheet date. h) C4$h at blllk Ind in hand CAsh atballk and in h8Ld in¢lth8 ¢ath and8bort le[ highly liquid inve$tments with sbort maturity of three moth or less from th¢ d#t¢ of a¢qui3&tion or (Ipening of the d¢posil or Similar account. Creditor5 payable witbill ye4r Creditozs payable wtthitE one year are r¢COrd at transa¢tionpi¢¢. J) FlllAnclal I$trUments The cbarity only has f]nancial 855ets and f]EwIGial liabilities of a kiud that qualify as basic f]nancial instruments. B8si¢ fmancial in5ttumenl8 ate initially iecogELiscd at tlsaction value 5ubsequendy measured attheir settlement value. k) Fund #ccountillg Ullrestricted fuads are avaitsbk for at the discretion of the Trustees in furtber8nce of the get1 obje¢live8 of the Charity. Income receiv¢d for a spxifi¢ puw¢ is treated as restricted and only used for the putpose for which it was giVL Any atllowits not applied in the year ar¢ Carried foThvard as a re8tsi¢ted fund. JUDGEMENTS AND KEY SOURCES OF ESTIMATiof4 UNCERTAif4TY In the xpplication of the charitable conipany's accoU1]ng policics. tbe Trnstees are required to moke judgellLeuts, e8timate8 2nd a5SUttLPtiODS about tlLe carryiDg amount of assets and Itabilities thal are not re&dily appaTfnt from othe1soues. The estimates alld a&80Ci&ted assunwliolls are based on histori¢al exp¢rience and other fa¢tors that ate considered to be rdevant. Actual Ksults may differ from these cslimates. The estitnates and underlyiog uMptIona are reviewed on an ongoin£ basis. RevisioJ]s to accoulltitLE 8titnate5 are rOgniSed in the period whieh the estimate is revised where the revision affects ollly that petio or ill the p10d of tbe revision and future periods where the revisiott affecLg both current and future peri(th. The Trnstees believe there are no swh significallt item& io
The Wisley Foundation NOTFS TO THE ACCOUNTS Year ended 31 December 2024 DofiATIONS Year ended 31 December 2024 Year ended JJ December 2023 Donations 114.107 99.178 CllARITABLE EXPENDITURE Chatitable expettditure includes the following direct costs of activiti Year ended 31 Year ended 31 December DecellLber 21124 2023 GrAnts- payable to Snstitutions Loveworks.orE Limited The Fountain Centre Ripley Village H1 Disability Challengers RDA Horsley. B&L ParAty For Disabiliry The Maggie Keswick Jencks CattcerTrnst Enuna's Bubble Ttusl Deslination Pond Meadow Walion Firs Activlty Celltre Big Leaf Fowidation GASP Motor Proi¢¢t North Guildford Food Bat The Swan Sanetiiary I Chi>ose Freedom Charity Stripey Stork Halow Project Comllity Bike Project 5.000 23.0(Xl 3.310 8,347 5,800 6.452 500 10,000 20.000 25,000 6.860 7.81X> 5.000 750 750 11.2 10.o(x) 55CM) iO.(MM) 18J33 95.672 92,930 Grants- payable to Indlvfdllots General futtd- Srrf>J]sorship 1.000 i.ioo Total charltable PendIture 96.672 94.030
The Wisley FoundAtion NOTES TO THE Accouwrs Year ended 31 December 2024 OTHER OtbeT expeuditw¢ in¢lude$ th¢ following wsts: Year ended 31 December 2024 Year ended 31 December 21123 Ind¢pen(knt ¢kwnineT8 and acC<)un1.S f¢¢ 1.590 1.663 Sundry costs 453 1.173 2,043 2.836 All expmditure was unrestricled (2023: all unrestsied). £1590 (2023: £1.663) of Governance costs &re above. No Th]stee received any remuneratioo or was reimbutsed for any expeDse5 during the year (2023.. £Nil). CREDITORS: arnount8 falling due thin one year Year-elld 31 December 21124 Year-end 31 December 21123 A¢¢rua 1.663 2,043 12
The Wisley Foundation NOTES TO THE ACCOUNTS Year ended 31 December 2024 GRANTS PAYABLE Opening Provision Balgllce in Peri Paymellts Closing Bgl&llce Grants- pay4ble to i11stitiOlls Loveworks.org Lijnited The Fountain Centre Kipley Village Hall LDuna's Ilubble.I"n¢ RDA Horsley, B&L Parity For Disability Big Leaf Foundation GASP Motor Project The Swall sa[thary I Choose FrecdoEn Stiipey Stork HalowProjcct 5,000 23.000 3JlO 10.000 5.8(K) 6.452 6.860 7.8(KJ 750 11,2(KJ 10,O(KJ 5,500 (5.0(X)) 123,IX)O) (3.310) {io.000) (5.800) (6.452) (6.860) (7.800) (750) (11200) {io.000) (5J(H)) 95.672 (95,672) Grants- Payable to Indlvlduals Get fill. Sponsorship ,000 (i.O(M)) 96,672 (96.672) When the charity agreed tr) commit fimds for a gpectfic putPO8e thc amounL8 wcrc rcfiected in thc Statemettt of Financial Actkvities at that date. The Tru$tee$ bave regular ¢ontsct with the grant rwipicnts and wber¢ the futtds are no longer required, or the Tru8(ees feel that th¢ basis on they origsnally made the gratt¢ no longer apply thentbey write back & 2tnouni$ thai have not been paid over. BaIatt¢e It l January 2024 B418n¢e #t 31 December 2024 IDcoiiiiug Resourees Outgoing Resources Unrestricted Funds Gelleral 83.550 114,947 {98.715) 99.782 Analysts of fwids for prevlous year Ba1ce at l January 2023 Balanee at 31 Decembcr 2023 Incoming Re50urees OutgoiDg Resourees UnTestricted Funds 80,689 99,727 {96.866) 83.550 13
The Wi81ey Foundation NOTES TO THF, ACCOUNTS Year ended 31 December 2024 RELATKD PARTIES The Foundation is supported byThe Wisley. The day to day adminislration of theFoundation is undertaken by stsifof The Wisley and monies received and expendedby The Wisley on behalfof the Foundation. Duting the year 7 {2023- 4) Tnjstees donated £5,085 (2023- £3.000). IiI. CONTROL The Found&tioll does Dot bave anuliimate controlliDg party. 14