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2021-11-30-accounts

The Annual Report

Vision

We believe every African child should have access to the education they need to build the Africa they want.

Mission

To raise Africa's future workforce by providing educational institutions with the resources they need to pass on 21st-century skills to their students.

Core Values

Passion – Passion is the driving force behind what we do. We are passionate about the continent, about people and about organisations doing great work.

Collaboration – We believe you can move faster and get further when we work together. We see the power of teams and people and we want to harness that for the good of the African continent.

Dependability – As we grow, we want to attract talent that we can rely on. Those committed to the cause and committed to the continent.

Stakeholders

Charities and organisations, volunteers, donors and trustees.

Our Trustees

Richard Akerele – Chair

Olugbenga Abatan

Caroline Addai-Bempah

CEO

Korede Awobowale

Contact Details

Email : hello@vemoyefoundation.org

Website : www.vemoyefoundation.org

Contact address : 63/66 Hatton Garden, Fifth Floor Suite 23, London, EC1N 8LE

Charity Number : 1188086

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The Annual Report

Message from The Vemoye Foundation’s CEO – Korede Awobowale

In 2021 we took action. We built a volunteer team that was passionate about Africa and completed a project based in Kenya. This was our first project, and it opened our eyes to the value of the work we are doing and the impact we can make if we are able to scale up. We were truly grateful to be a part of the stories of these young people who will go on to transform their communities and be trailblazers in their generation.

2021 was about learning more about who we are as a charity by trying. We learnt that we can achieve a great deal with little and envisioned a future where our impact reached greater heights. At The Vemoye Foundation we are committed to raising Africa’s future workforce and the reception we have received from communities and organisations has shown us that the work we are doing is needed.

What We Did In 2021

The Olotepesi Project

We partnered with the Olotepesi Foundation to create a project around one of their objectives. They are a Kenya-based charity focused on supporting children in need, improving access to safe water, environmental conservation, and the reduction of poverty. It operates in two selected counties - Kajiado and Kisii in areas - where Orphans and Vulnerable Children (OVCs) are struggling to meet their basic needs and lack access to educational facilities.

We created a project around reintegrating children within those communities back into school postcovid. The scope of the project was to provide sustainable access to schooling by removing the financial constraint for the students up until they complete secondary school.

We were able to raise funds to support 5 children. These children have been given the help and support they need to complete their education.

For more information check out https://www.vemoyefoundation.org/projects/olotepesiproject

Information Dissemination

In 2021 we zoomed into education-based content. Education & Society was an Instagram Live based programme that hosted conversations exploring the link between education and different elements of society. The purpose of these conversations was to show how impactful education is on our society at large. We had several different experts all representing different facets of our society that taught us all about how we can use education to build a better society.

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The Annual Report

Trustees’ Report - Strategic Plan 2022

Aims

  1. Learn and research – Understand the real pain-points of the communities we were serving

  2. Increase impact of pre-existing African-focused educational organisations by creating projects around their needs.

  3. Streamline operations

2022 Goals

Aim 1 in 2022: Conduct an independent research expedition to West Africa

Aim 2 in 2022: Work on completing one project by the end of 2022 that is in line with the finding of the research expedition

Aim 3 in 2022: Restructure the organisations into 3 main areas – operations, marketing and financing

Infrastructure Assessment

Teams

Marketing – Focused on crafting our voice and drawing our audience Operations – Focused on building impactful and sustainable projects Finance team – Focused on increasing donations and sponsorships

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The Annual Report

Accounts

Income from: Unrestricted funds Restricted funds Total
Donations 45.91 0
Charitable activity 0 105.30 0
Investment income 0 0 0
Total Income 45.91 105.30 151.21
Expenses from:
Raisingfunds 0 0 0
Charitable activities: 0 0
Operations: 0 0 0
Management: 0 0 0
Total expenditure 0 0 0
Total Funds
**remaining: **
45.91 105.30 151.21

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