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2020-09-30-accounts

Thursday, 27 May 2021

Trustees’ Annual Report

Period: March 2020 to September 2020

1. Charity Name

Patrick Morgan Foundation

2. Charity registration number

1188297

3. Objectives and Activities

As set out in the governing document—the Constitution—the Patrick Morgan Foundation’s objectives are to advance in life and help young people by providing support and activities which develop their skills, capacities, and capabilities to participate in society as mature and responsible individuals.

The Patrick Morgan Foundation—the Foundation—aims to eliminate the youth unemployment gap—young people from disadvantaged backgrounds are twice more likely to end up longterm NEET than their better off peers—and motivate and inspire young people to pursue the career path of their choice, regardless of their socioeconomic circumstances.

We have worked to achieve these objectives in three ways during the year we are outlining in this report:

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worked to compile presentations, videos, and other research to make up this online platform and delivered introduction to it, support for teachers who have delivered it to students, and feedback to students after completion of these digital workshops.

Our activities are for the public benefit of increasing socio-economic diversity in the London workforce. Through supporting young people in the transition from mandatory education to employment, the Foundation introduces essential careers knowledge to pupils who would otherwise not have access to said information and provides them with direct employer interaction for better study of the working world, thus increasing the chances of a more diverse pool of graduate candidates.

All Trustees have regard of the Charity Commission’s guidance on public benefit and how the Foundation works to the public benefit, meaning they:

4. Achievements and Performance

During the first wave of the COVID crisis in the UK, the Foundation obtained a total of £11,500.00 from private funding bodies, namely the National Lottery Community Fund and the City Bridge Trust. This has supported performance from registration to the end of the Foundation’s first financial period March to September 2020, and, along with resources from Patrick Morgan Search, has supported the following achievements, or highlights:

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5. Financial Review

The Foundation was set up by the employees of Patrick Morgan Search Ltd., ‘the Firm.’ The Firm donates resources to the Foundation regularly, such as workspace and work equipment, which support the Foundation to carry out its activities in concordance with its charitable objectives.

The Foundation’s main source of income for this period has been private funding, a sum of £11,500.00 received from National Lottery Fund and City Bridge Trust. This funding was granted to the Foundation to facilitate the development of an online platform, a solution for lackluster careers education in disadvantaged areas during the first lockdown. Using the Foundation’s in-person workshops as reference, the online platform was introduced as a viable introduction to the working world while learning from home.

A part of the funding the Foundation received was also used towards a membership subscription for the website that hosts the online platform and for a CRM system, which the Foundation uses to keep record of all activities, key Trustee responsibilities, and maintain its network.

The Foundation also received a donation from the Firm, as well as payment for an article published in the Metro, totaling £115.00. This amount was then used for consulting services provided by the Firm.

6. Structure, Governance, and Management

6.1 Type of governing document

Constitution adopted on the 2[nd] of March 2020.

6.2 How is the charity constituted?

Charitable Incorporated Organisation (CIO).

6.3 Trustee selection process

In selecting individuals for appointment as appointed charity Trustees, the charity Trustees must have regard to the skills, knowledge, and experience needed for the effective

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administration of the Foundation. Every Trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity Trustees where a two-thirds majority of Trustees is required to pass the resolution. At the end of a three-year term, every Trustee will be subject to re-appointment, via a resolution passed at a properly convened meeting of the charity Trustees where a two-thirds majority of Trustees is required to pass the resolution.

6.4 Policies and procedures

The Foundation currently holds Safeguarding, Health & Safety and Equality & Diversity policies. Its safeguarding policy is the most significant, as the Foundation’s main services are directed at young people; all Trustees must behave in a professional manner when interacting with such an audience. The Health & Safety policy aims to guarantee that all Trustees have full knowledge of how to perform their work without risk to their health and provides guidance in the event of an accident, fire, natural disaster, or other emergency. Diversity, inclusion, and equity are important values of the Foundation; the E&D policy obligates Trustees to avoid discrimination and create a safe and inclusive environment for fellow Trustees and target beneficiaries of their services.

7. Reference and Administrative details

7.1 Charity name

Patrick Morgan Foundation

7.2 Other name the charity uses

N/A

7.3 Registered charity number

1188297

7.4 Charity’s principal address

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7.5 Charity Trustees

Name of the Charity's Trustees
Alexandra-Marina Hercka Charity Trustee
Angelos Andreou Charity Trustee
Carla Meire Crocoli Charity Trustee & Secretary
James Patrick O’Dowd Charity Trustee & Chair
James Phillip Ransome Charity Trustee & Treasury

8. Declaration

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

Signed on behalf of the Foundation’s Trustees, Signature Full name: James O’Dowd

Signature Full name: Carla Crocoli

Date: 27/05/2021

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