The Society Foundation
2022 Annual Report
January 2023
The Society Foundation is an independent grant giving trust. We provide financial support for organisations that help potentially disadvantaged people move towards paid work. The groups we prioritise are the recently homeless or vulnerably housed, ex-offenders, and 1624 year olds not in employment, education or training.
We typically offer micro-grants of up to £2,500 GBP (or $10,000 USD in the case of America) to small or growing organisations with a turnover of up to £500,000. We provide funding for capacity building activities, including IT infrastructure and equipment, staff training and development, and external consultancy/support.
We are happy to have approved during 2022, to be distributed in early 2023:
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£1,999 funding was awarded to Swansea Arts Music Digital for ISO 9001 certification and staff training related to the certification. Swansea MAD works with 1400 people each year who are marginalised by systemic oppression including people who are recently homeless in insecure accommodation, people who have experience of/have been failed by the criminal justice system and young people aged 16-24 who are not in employment, education or training.
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£2,500 funding was awarded to StandOut Programme to update training materials for a post-COVID job market. StandOut’s mission is that more people leaving prison are empowered to transform their own lives, realise their potential, and escape the justice system for good. People leaving prison need the best possible chance to rebuild their lives if they are to move out of the criminal justice system for good. For many people, the key to achieving that is long-term holistic support through a relationship based on trust. StandOut delivers intensive group programmes inside prison, followed by 1:1 individually tailored support after release, for as long as required.
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£2,500 funding was awarded to Articulate Cultural Trust , for contracting an employability specialist for a short period and commission them to frame out their action research findings, analyse pilot successes and model their project experiences into an inter-connected and progressive curriculum with the potential for high impact.
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£1,700 funding was awarded to NE14 Productions for job training in the arts to younger people from disadvantaged backgrounds. The organisation offers specialised employability training for the arts, tv and film industries which equips beneficiaries with the knowledge to move in to industry, further education or self-employment. NE14 Productions are able to provide on set experiences to give younger people a real foot in the door on productions made by ITV, BBC and Netflix. This helps streamline entry into the industry, which has traditionally excluded people from disadvantaged communities who do not have the same connections as more affluent areas.
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£2,495 funding was awarded to Thanet Community Trust for succession planning, supporting training of a member of staff which will in turn aid the overall work of the charity. As a registered charity, Thanet Trust has been helping the residents of Thanet since 2002. Their mission is the relief of poverty among local vulnerable and disadvantaged people. Through their work, they have changed the lives of thousands of people. Their community development work helps neighbours come together and has transformed neighbourhoods forever. Their focus is on helping people into, or nearer to, work. They have helped hundreds of local people into jobs and training. They help people raise their skills, gain qualifications, look for work, and start their own businesses.
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£2,000 was awarded to 2makeit , which offers ‘wraparound’ support for ex-offenders, offer advice on benefits and housing, CV writing, help with job applications and interviews, as well as providing creative activities. When they continue to support an individual in the community this is in close consultation with agencies such as probation and Jobcentre Plus. Support is not time-limited or pre-packaged but determined by the identified needs of the individual. The funding was awarded for development of a new community support role that will allow them to extend their arts employability provision to those with experience of the criminal justice system - they offer bespoke provision with community links.
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£2,500 was awarded to 100 & First , the funding was for training 40 mentors across partner employers, to extend reach. The mentors are drawn from across all functions of each business where the employment opportunities are offered. 100 & First Foundation recognises that real change for their beneficiaries, who are Young Adults (18-24) caught up in the cycle of the criminal justice system, requires a personal journey, during which they shift their identity - from ‘pro-offending’ to ‘pro- social’.
Charity Number: 1164616 THI SOCIETY FOUNDATION Report and Accounts For the year ended 31 December 2022
THE SOCIETY FOLINDATION Report and Accounts For the year en(led 31 De¢ember2022 INDEX Page Number I to2 Truste£s' Annual Report Independent Examiner's Report Staiement of Financial Aclivitie5 Balance Sheet 6t07 Noies fom)ing part of the AKounts
THE SOCIETY FOUNDATION Company InformAtion Charity Numbtr: 1164616 Address The Fiilwood 4 Fiilwood Place London WCIV 6HG Truste¢$ U M Hogberg J C Joyce G J Powell M Rowe OLoft T M Stevens Aceounlants Kings Chartered Accountants Unit 4 Grovelaiids Bouiidaiy Way Hemel Hetnpslead Hei'tfordshir¢ England HP2 7TE In(Icpendent Examiners Kii)gs Cl)artercd Accoiint1L nts Unit 4 Grovelands Boiiiidary Way lemel Hen)pstL1L d l-lerifordsl)ire rilglaiid HP2 71"E
THE SOCIETY FOUNDATION
Ti'ustees, Annu*l Report
For the year end1 31 December 2022
Trustees, Annual Re
ort
The Tiusiees present their report and the accounts for the year ended 31 December 2022.
The a¢coiints haye been prepared in actordartce with ilie accouiilLllS lI]C1e5 set out in note I to the accoiints and coii)ply with the
charity's M¢morandiiiii and Ariicles of Associotion and Accoiiniing and Rcponing by Charities". Statement of Recoinmeiided
Pradice applicable to charities preparing their accounis in accordance ivith the financial Reporting Siandard applicable iii tlie UK
and Republic of Ireland IFRS 102).
Tlie TNstees, %vho served diiring the year ivere=
U M Hogberg
J C Joyce
G J Poi¥ell
M Rowe
OLoft
T M St¢v¢ns
(Chair)
Striieture Covernxnee aiid Mana
ement
Thc Society Foundftiion is LFoverned by a Trust Dttd dated 15 November2014 a8 amend by deed dated 27 Nov¢nib¢r 2015.
Tnistees are apw)inied froni individuals ivith a common interest in suprtIng employmei)l Dt'di5adYwitaged persons. Consideration
is algo giiven io ihe skill sei each has to offer to ensure apprnpt]ety skilled. knowledgeable 1krd iviih a diverse membergl)ip
Ilial IEflecls the commiinity il serves.
Ob-eclii'es and Aetivities
Tile Ch
THE SOCIETY FOUNDATION Triistees, Annual Report For the year on(11 31 De¢ember 2022 The ¢hariiy is required to have an Independeni Examinaiion in accordance iviili tli¢ provisions in the Charilies Act 2011. Accordingly, Sara Ilroivn ACA, of Kiiigjs CAP Ltd. Chanered Accounl8nt% i¥as appoinled Independent Exaniinei.. By Order of The Board.. U M Hogberg Trusl¢e Date.. LC.10.ieJ>S
REPORT TO THF. TRugfEE'S OF THE SOCIETY FOUliDATION INDEPENDENT EXAMINERS REPORT For tlie year ended 31 December 2022 Ind¢p¢ndeni F.xthmlner's RtlM)Tl to the Trnslees Of The Society Foundglion I report to Ihe cliariiy tritee$ on my exaijiination ofthe aceollthts of the con1plY for th¢ year ended 31 De£¢mber 2022, charily nun)ber 1164616. Ivhicli are sei Qilt on pages 4 to 7. Responsibilities basTr5 ofReporl I report io ilie trustees on my examination ofihe a¢eounis of ihe aiK>ve tharily {*he Twsi'j for tlie year ended 31 DeCeMr 2022. As the cliarity Irustees of the TIus4 you are responsible for the pteparaiion of ihe accounts in ac£ordance Ith tlic requirements of ih¢ c.harities Act 2011 I'tlie A¢t"l. report iii rpeCt of my exaniination of the Trust's accouiits carried out uiider se£tron 145 of the 2011 A¢¢ and in carryiii8 OLIt niy examiiiatioii, I have folloived the appliuble Dir¢c¢ions given by the Charity Conimission llnder seciion 145{5)(b) of the Aci. Iii(Icptndtnt EiAtniner5 Statement I liave conipleted m> exajiiination. I contimi tljat no material niallers have coine lo niy ailention in coniiection with tlie examination which gives nie caiise to belth¢ve tliat iji. any material respect.. accounting records were not kepi in accordallce iviih section J30 of the Act or Ihe accounts do nol accord with tlie accoiiiilijig records I Iiave no concer115 and have come acros5 other tllatteT5 in coniicction ivith the examinati 10 h14th ait¢niion slioiild be draivn iii order to labl¢ a i)roper iiiiderslallding of the accoiiiits to be reached. s.irn Bi'oivn ACA Kiiig5 C.Iiai'lered Accountants Uiiit 4 Gi'ove14?nds Boun(lari' )1'14 V Ileinel Heinp5teAd Ilerifoi'dsliire IIPZ 7TE T)Ate
THE SOCIETY FOUNDATION Sialeinen¢ of Finaneial Activities For the year endcd 31 December 21)22 Incoming resourccs froni: Notts 2022 Unrestricted Funds 2022 Restricted Fund5 DonaiioIis and legacies 31 Total Incoming Resourc¢s 38,311 31 R¢soiirces expended from: Costs of charitable activities (2,909) (2: Total resources expended Net Surplus 35.41Y2 Traiisfcr beiween fiinds N¢1 niov¢m¢nl lil funds 35.402 Total Siirplus at l January 2022 4.780 Total Surpliis 8t 31 D¢¢¢mber 2022 40.182 41 The Stat¢itteni of Financial Activiiies hiis been prepared on the basis thai all operatioiis are continuing operntlQll5. Tlie ImiJagL'S 6 10 7 furiii p(Irl nfil1c UC'COIIIIIS. Page: 4
THE SOCIETY FOUNDATION Balance Sheel As at 31 December 2022 Note5 2022 2021 Curr¢Dt Asstls Cash at bank and in hand 40.182 4,780 40,182 4,780 Creditors.. Ainoijnls falling due iviihin one )ear Net Ciirient Assets 40,182 4,780 Total Assets tkss Current Liabilities 40,182 4,780 Jyet Assets 40.182 4.780 Funds of Ili¢ Charit), Restricted Funds Unreslricled Funds 40,182 4.780 Total Charily Funds 40.182 4.780 The financial staten)ents i¥ere approved by the Board of Trnstee's on by.. and ivere si8iied 011 ils behalf U M Hogberg Tyiislec Tlie nnlc.% cfriip(IgE.% O ifj iJ()Tiiii)ari nfilidse ciccfJiiFIi.i'.
THE SOCIF.TY FOUNDATION
Notes forming parl of the Accounts
For ¢heye#r en
THE SOCIETY FOUNDATIOI Notes forn]ing part of the Accounts For the year eniled 31 December 2022 Incom¢ Resour¢¢5 froni Donations Legaties Unr¢stri¢ted Restricted Unrestricted Rcstricteil 2022 2022 2021 2021 Donations 38.311 5,502 38,311 5,502 ResoMr¢e5 Expcndcd: Charilabk A¢livili Unrestricted Restricted Unro5tricte(l Restricted 2022 2022 2011 2021 Grai)ts 1.170 1909 1.170 Tru51ees Noiie of the triistees (or any persons connccled wiih ihei))) received aJi>' rernuiieratloll OT benefits from the el)arit} durin&, Ilie year save as shown iri ihe employLes note. F.mploYees There i¥'ere 110 employ¢es in the y¢ar (2021.. None). Uiirestriclcd Fun(l$ Net Moi'cinenl in Fiinds AsJt31 Ileceiiiber Januari. 2022 2022 Ui)reslTicied Fiinds- Gciierdl Fiind 4,780 35,402 40,182 Conti'ol Tlie cliarit}' has been controlled Lhroughoiii Ihc Sear b>, Ihe trusi¢es, ii'hom arL" identified in Ilie coiiipans. infoi'iiialitsii. Ti'%n5&clions ii'ith Ti-ustees Rtlated Pxrtits Nonl of the InislL¢S have be¢ii paid an). retlllinerdtion or received anj. oilier IKn¢fils frotii eiiiployiiieiit iviil) IhL Cliarilj. or