2021-12-31-accounts

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	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	for the period	for the period	for the period
	From	Period start date			To	Period end date
		1	January	2021		31	December	2021

Section A Reference and administration details

Charity name

The Deighton Family Foundation CIO

Other names charity is known by

Registered charity number (if any) 1171511

Charity's principal address 7 SAVOY COURT LONDON

Postcode WC2R 0EX

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Mary Margaret Reilly
	Ida Louise Levine
	Lady Alison Zoe Deighton	Founder and Chair

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Accountants	Price Bailey LLP	Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, NR7 0HR

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution adopted 7 February 2017

(eg. trust deed, constitution)

Charitable Incorporated Organisation How the charity is constituted

(eg. trust, association, company)

Appointed by the board of trustees Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

! policies and procedures adopted for the induction and training of trustees;
! the charity’s organisational structure and any wider network with which the charity works;
! relationship with any related parties;
! trustees’ consideration of major risks and the system and procedures to manage them.

The Foundation operates the VAR residency programme for international artists. VAR selects artists for residencies allowing them to grow and develop their practice while living and working within the local community in Citta della Pieve, Italy

In addition to its Trustees, the Foundation relies on an Advisory and Mentoring Circle and its Curators, Tamar and Eli Zagury, to select artists for the VAR programme.

The Circle is comprised of arts professionals – including curators, collectors, artists and gallery owners. These experts are champions of emerging artists in their professional lives - discovering and launching the careers of international contemporary artists. Over the years, they have assisted the Foundation in developing specific and objective selection criteria which are applied each year in identifying candidates for the residency programme.

The Foundation follows a robust annual selection and approval procedure for artist residencies as follows:

1) The Circle identifies a pool of candidates for the year’s residency programme.
2) The Foundation sends invitations to candidates to submit proposals for the residency.
3) The Foundation’s curators review candidate proposals and make final recommendations to the Trustees.
4) The Trustees review candidate proposals and the curators’ recommendations.
5) There is final approval by the Trustees of successful candidates.

March 2012

TAR

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

! To promote the arts through cultural exchange and the development of artists to allow them to pursue their training and education through amongst other things an artist's residency program in Italy.
! To advance education, knowledge and appreciation of the arts, including but not limited to painting, sculpture, performance art and digital and video installations, amongst the general public by public exhibition of art in the United Kingdom, Italy or elsewhere.
! To promote public health and wellbeing of the public anywhere in the world by supporting scientific research into the causes and cures of disease, as the trustees see fit.
! To promote educational initiatives anywhere in the world aimed at improving and rebuilding lives through the development of learning and skills, as the trustees see fit.
! To advance such exclusively charitable purposes for the public benefit in any part of the world as the trustees in their absolute discretion think fit, in particular for the advancement of arts and culture, health and education.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The Trustees are always mindful of the Charity Commission’s guidance on public benefit in planning the Foundation’s activities each year. The Foundation’s stated objectives inform its work programme and decisionmaking in respect of activities described below. During 2021, the Foundation was unable to grant any residencies because of the global pandemic and resulting restrictions on movement and travel. Once borders open again, and artists can travel to Italy, move freely and enjoy the full benefits of a VAR residency, the Foundation will resume its programme. Citta della Pieve and the surrounding areas are already known for staging a local music festival and there is a great desire to continue to build the regional profile as a destination for enjoying the Arts. As before there will be a focus on providing an opportunity to exceptional international artists to collaborate with artisans and reach out into the local village and surrounding communities.

The public benefitted by the Foundation’s activities also includes a designated group – namely the artists who are selected for the Foundation’s residency programme in accordance with the selection procedure outlined above. The criteria - that have been developed with the assistance of the Circle - include a demonstrated ability to communicate and engage with the local community, and a willingness to interact and contribute to it – as well as a desire to engage with the broader global artistic community through their own and the Foundation’s social media networks and websites.

The artists receive no direct commercial benefit from their participation in the residency programme, and indeed must commit to reimbursing all or a proportion of the costs of the residency (depending on their financial ability) to the Foundation, in order to ensure the residency programme’s continuing viability.

March 2012

TAR

Looking out into the future, once it is able, the Foundation plans to continue its residency programme - and ultimately stage a special exhibit of artworks created by resident artists when it has a suitable number of works to show.

In the meantime, it has been monitoring the progress of past residents and continues to make advice and career guidance available to them.

This year, we note the success of our alumnus Rana Begum, originally from Bangladesh, whose work focuses on the interplay between light and colour. Rana has been commissioned to provide a high-profile new outdoor installation called “Catching Colour” in Botanic Square near London City Island.

The Foundation looks for opportunities to introduce VAR artists’ work to the Art world – including curators and gallery owners - whenever possible. It also provides any support artists require when applying for other residencies or competitions. Finally, it aims to find ways to include their works in exhibits at galleries and museums as determined by the Foundation and its resident artists, including in Italy, the UK and/or the home country of the artist.

Additional details of objectives and activities (Optional information)

N/A

You may choose to include further statements, where relevant, about:

! policy on grantmaking;
! policy programme related investment;
! contribution made by volunteers.

March 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

As noted above, during the year the Foundation was unable to grant any residencies to new artists due to the global pandemic. However, it remained in touch with its resident artists from previous years. In 2021, the Foundation continued to monitor progress and support the careers of its VAR alumni in any way possible during this extremely difficult period. The Curators and Trustees also progressed the Foundation’s search for new residency candidates with the assistance of the Circle. It has a strong pool of potential candidates waiting for its residency programme to re-open and will endeavour to start the programme again as soon as it is able.

March 2012

TAR

Section E Financial review

Brief statement of the charity’s policy on reserves

The Foundation’s policy is always to maintain sufficient funds to finance at least two residencies each year. To supplement private donations, it does this by requiring each of its resident artists to agree that it is entitled to seek reimbursement of the costs of the residency, either in cash or by providing it with selected works of art for sale by the Foundation.

Details of any funds materially No funds were materially in deficit. in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

During 2021 the ongoing expenses of the Foundation were met by cash in the Foundation’s bank accounts.

! the charity’s principal sources of funds (including any fundraising);
! how expenditure has supported the key objectives of the charity;
! investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

N/A

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Ida LevineIda Levine (Jun 14, 2022, 7:30am) Position (eg Secretary, Chair, Trustee etc) Date 14 Jun 2022

March 2012

TAR

1171511

The Deighton Family Foundation 1171511 Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts CC16a For the period 01-Jan-21 31-Dec-21 To from

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ - - - - - - - - - - - - - 275 - 477 - 709 1,332 - 831 540 - - 1,084	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ - - - - - - - - - - - - - 275 - 477 - 709 1,332 - 831 540 - - 1,084	Last year to the nearest £
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	-				-

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					-

Legal and Professional fees	275	-	-	275	155
Computer costs	-	-	-	-	-
Bank fees	477	-	-	477	542
Residencyand artist costs	- 709	-	-	- 709	1,351
Accountancyfees	1,332	-	-	1,332	3,135
Travel	- 831	-	-	- 831	835
Subscriptions	540	-	-	540	432
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	1,084	-	-	1,084	6,450

A4 Asset and investment
purchases, (see table)
	-	-		-	-
	-	-		-	-
**Sub total **	-	-		-	-	-

*Total payments*	1,084	-		-	1,084	6,450
*Net of receipts/(payments)*	- 1,084	-		-	- 1,084	- 6,450
A5 Transfers between funds	-	-	-		-	-
A6 Cash funds last year end	14,281	-	-		14,281	20,731
*Cash funds this year end*	13,197	-		-	13,197	14,281

CCXX R1 accounts (SS)

26/05/2022

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Donated artwork Details *Total cash funds* (agree balances with receipts and payments account(s)) Bank Balances Details Details Details Accountancy	Unrestricted funds to nearest £ 13,197 - - 13,197 OK Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Unrestricted Fund to which asset belongs Fund to which liability relates Unrestricted	Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - Amount due (optional) 1,200 - - - -	Endowment funds to nearest £
				-
				-
				-
				-
				OK
				Endowment funds to nearest £
				-
				-
				-
				-
				-
				-
				Current value (optional)
				15,000
				-
				-
				-
				-
				Current value (optional)
				-
				-
				-
				-
				-
				-
				-
				-
				-
				When due (optional)
	Accountancy	Unrestricted	1,200
			-
			-
			-
			-

Signed by one or two trustees on behalf of all the trustees Signature Ida Levien ~~Ida Levine (Jun 14, 2022, 7:30am)~~

Print Name

Date of approval 14 Jun 2022

CCXX R2 accounts (SS)

26/05/2022

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Section A Reference and administration details

Names of the charity trustees who manage the charity

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Names and addresses of advisers (Optional information)

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Additional governance issues (Optional information)

Section C Objectives and activities

Additional details of objectives and activities (Optional information)

Section D Achievements and performance

Section E Financial review

Further financial review details (Optional information)

Section F Other optional information

Section G Declaration

Signed on behalf of the charity’s trustees

Section A Receipts and payments

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