## **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.**|
|---|---|---|
|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:|||
|---|---|---|
|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|
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## **Names of the charity trustees who manage the charity**
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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||||
||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**|||
|---|---|---|
||Silvio Tiago de Lima||
||
Trustee||
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