Trustees’ Annual Report for the period
From 01/01/2024 Period start date To 31/12/2024 Period end date
Charity name:The Appian Way Charitable Foundation
Charity registration number: 1184992
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Foundation is seeking to contribute to the health and equal education of the children and local residents in the communities and principal regions Appian invests into with the aim of unlocking the wider benefits and with contributing to lifting people out of poverty, improving long-term environmental stability and health and empowering women and girls. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Foundation assists Appian’s portfolio companies in allocating capital into the most impactful social and environmental programmes, e.g.: • Sponsoring Professional Courses for teachers and local workforce to improve their skills • Build and maintain educational infrastructure • Provide children with courses in music, sport and school work to address social vulnerabilities • Arrange workshops in communities to enable influencing the local public policies • Training to farming families to improve their cocoa and chocolate production as well as guidance in poultry farming • Improving environmental sustainability of Appian’s portfolio companies • Revegetation programs • GCM community grants program • Partnership with Educando, Senai, SESI and RICCON in Brazil • Local women entrepreneurship programs • Funding a healthcare centre renovation for a local community • Computer science introduction course for local community |
| • Environmental education programs to help raise environmental awareness and action at local communities. |
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|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The AWCF is aware of the guidance by the Charity Commission and takes it into account in decision making. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | • Schemes such a poultry farming and women entrepreneurs – where local women transform old fabric such as women’s bags, toiletry and eco bags for sale - generate income in the area. •Healthcare renovation centre near Graphcoa, in Minas Gerais, which will help improve capacity and scale for care in the region • Educational partnerships have provided training to teachers first time since leaving university first time – helping improve teaching quality in STEM disciplines for 5 elementary schools in the area around Atlantic Nickel • Governance programmes empower people to contribute to the local governance and administration. • Offer soccer training for students in the communities around Atlantic Nickel, helping boost civil society organizations that develop community development projects. • Supporting Cocoa Project at Atlantic Nickel, helping local farmers achieve income creation via sustainable farming practices. • Supporting public health initiatives through the development of water treatment plant for a community with no access to treated water. • Actively assessing local development needs for education and income |
generation in Rosh Pinah and surrounding areas.
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | • Each project has its own budget which is tracked on quarterly basis. • Key Performance Indicators are assigned to the programme participants which is tracked. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | No change since last reporting period |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | N/A |
| Amount of reserves held | Para 1.22 | N/A |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None |
Additional information (optional) You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The Appian Way Charitable Foundation |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1184992 |
| Charity’s principal address | 5thFloor 45 Pall Mall London SW1Y 5JG |
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 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Michael Scherb | ||||
| Silvio Tiago de Lima |
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| Nelson Luiz Costa Silva |
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– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
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|---|---|---|
| Silvio Tiago de Lima | ||
Trustee |
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