2022-06-30-accounts

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DR. RACHELLE BASCARA FOUNDATION TRUSTEES’ ANNUAL REPORT

The Trustees of the Dr. Rachelle Bascara Foundation present their annual report for the financial period ending on 30 June 2022 and confirm they comply with the guidelines set forth by the Charity Commission along with other applicable laws and regulations.

April 2023

DR. RACHELLE BASCARA FOUNDATION

Trustees’ Annual Report

I. Legal and Administrative Information .............................................................................. 2 A. Overview .......................................................................................................................................... 2 B. Charitable Objects ........................................................................................................................... 2 C. Public Benefit ................................................................................................................................... 2 D. Vision ............................................................................................................................................... 3 II. Report of the Management Committee ........................................................................... 4 A. Research Activities ........................................................................................................................... 4 B. Supporting Initiatives ....................................................................................................................... 5 III. Finances ................................................................................................................................... 6 A. Overview .......................................................................................................................................... 6 B. Statement of Financial Activities ..................................................................................................... 7 C. Balance Sheet .................................................................................................................................. 9

DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report

I. Legal and Administrative Information
A. Overview

Charity Name: Dr. Rachelle Bascara Foundation Other Name: Dr. Bascara Foundation (Working name) Charity Registration Number: 1194958 Date of Registration: 21 June 2021 Governing Document: CIO – Foundation Constitution Registered Office: 20 Winchcombe Street, Suite 141 Cheltenham GL52 2LY Phone: 02032879434 Email: drbascara@gmail.com Trustees:

Dr. Konstantin Rozanov, Chair Other trusteeship: Dara Bascara Trust Alistair Campbell Magee Other trusteeship: Encounter Trust Winchcombe Ryssa Magee Dr. Ekaterina Rozanova

B. Charitable Objects

The Dr. Rachelle Bascara Foundation (the “Charity”) is established for exclusively charitable purposes for the public benefit, worldwide, including in particular (but not limited to):

(a) the advancement, promotion, and support of social sciences and philosophy, global development, equality, and humanities recognised as charitable under the law of England and Wales, particularly but not exclusively by:
(i) undertaking and/or facilitating relevant research and disseminating the useful results of that research for the public benefit and
(ii) providing grants, fellowships, and other financial assistance to qualified individuals and organizations;
(b) such other related charitable purposes for the public benefit as the trustees may from time to time determine.
C. Public Benefit

The Charity aims to promote, sustain, and increase individual and collective knowledge of the social sciences and philosophy, global development, equality, and humanities. It is our belief that knowledge in these areas in itself provides a public benefit by satisfying the human need to understand the world and ourselves. Through guidance and expertise as well as grants and other forms of funding, we provide a platform to pursue these goals, including by enabling suppressed voices and marginalized perspectives to be heard.

The Charity recognizes that quality research depends on, among other factors, robust and adequate funding. We invite qualified individuals and organizations to collaborate with us on topics that result

DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report

in work that is not only academically rigorous but also provides practical applications. We are further mindful that our research output is cognizant of changing social dynamics and societal concerns.

At present, the Charity is actively engaging in discussions to provide a deep understanding of what oppression is that bridges the gap between political philosophy and contemporary social movements.

D. Vision

Our vision is to become stewards of knowledge mobilization and to foster intellectual inclusivity, enhance a sense of public enlightenment, as well as provide practical guidance on moral and philosophical issues in society.

DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report

II. Report of the Management Committee

A. Research Activities

The Charity is actively engaging in work to provide a deeper understanding of issues related to political and moral philosophy. One of the projects of the Charity involves a clear conceptual backing of oppression to contemporary emancipatory movements, cutting through the rhetoric and exposing the underlying reality of the oppressed.

In February 2022, we have offered a grant (“Grant”) for a period of 6 months to two research fellows to build on the academic work of Dr. Rachelle Bascara. In particular, the paper “Towards a Unified Theory of Oppression” on oppression served as a basis to complete at least two academic working papers on the topic directed at publication in an internationally recognized, peer-reviewed journal in philosophy or a related field. The Grant’s aim was to further clarify, by analysis, the meaning of statements and concepts, providing for quality and rigor in arguments.

The first research fellow was a PhD candidate at the Doctoral School of Political Science, Public Policy, and International Relations, Central European University, Vienna (“Researcher 1"). The focus of the work of Researcher 1 is on the inter-generational transformation of the colonized body, with a passion for probing the roots of social, political, and economic inequalities.

As work for the Charity, the first paper of Researcher 1 investigated the concept of normalization of oppression. Researcher 1 looked into the desire of human beings to find some form of normalcy in certain situations that force them to adopt routines that may transform the abnormal into the normal. Moreover, Researcher 1 examined the difference between normalization and internalized oppression.

For the second paper, Researcher 1 dealt with different kinds of privileges associated with groups of people in terms of oppression; there are groups of people who can be regarded as ontologically privileged and then there are people who have the epistemic privilege. Researcher 1 argued that the ontological and epistemological privileges overlap with each other at certain junctures and are not always mutually exclusive within oppressive settings. In other words, within the oppressed groups, there is often a standpoint of epistemic privilege rooted in the everyday experiences of the oppressed. While ontological privilege is often associated with the oppressors who have the means, resources, and entitlement to arbitrarily interfere and harm other groups, within the oppressed groups there can exist some form of ontological privilege.

Our second research fellow earned his PhD in Political Theory at the Central European University in Vienna (“Researcher 2”). The doctoral research of Researcher 2, “Liberalism and Exploitation”, articulates three axes, a critique of the dominant concept of exploitation as price disequilibrium; an address of the analytic Marxist critique of capitalism; and a redefinition of liberal anticapitalism through the concept of exploitation.

The main approach of Researcher 2 is analytic philosophy. For the first paper, Researcher 2 explored the duties of the oppressors when facing oppression and injustice given coordination problems and epistemic limitations.

For the second paper, Researcher 2 investigated the concept of structural injustice. Researcher 2 argued that structural injustice may give some results in understanding what oppression is, however, the concept is ill-suited in various economic cases because it is built on the misguided assumption that poverty is evidence for injustice or oppression.

DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report

As of the date of this report, three academic papers were submitted to internationally recognized journals in philosophy and awaiting review.

B. Supporting Initiatives

The Charity has embarked on the creation of a biographical literature on the life and work of Dr. Rachelle Bascara aimed at encouraging the younger generations to develop an interest in socially significant topics such as social sciences and philosophy, global development, equality, and humanities.

The project is currently in progress.

DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report

III. Finances

A. Overview

The Charity received financing through donations. During the financial period three donations were received totaling GBP 20,000.00. The donations were sourced from Dr. Konstantin Rozanov as well as ACED Global Solutions Ltd in accordance with the Charity’s rules and procedures for accepting donations.

The Charity used its capital conduct academic research, fund supporting projects, and acquire and protect intellectual property.

The net result of the Charity’s operations for the financial year ending June 30, 2022 is a surplus of GBP 10,034.56.

DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report

B. Statement of Financial Activities

	Unrestricted funds	Restricted funds	Endowment funds	Total funds	Prior period Total funds	Further details
	£	£	£	£	£	£
Income and endowments from:
Donations and legacies	20,000.00			20,000.00		A1
Charitable activities						A2
Other trading activities						A3
Investments						A4
Other						A5
Total
Expenditure on:
Raising funds						B1
Charitable activities	9,903.02			9,903.02		B2
Other	62.42			62.42		B3
Total

Net gains/(losses) on investments						B4
Net income/(expenditure)
Transfers between funds						C
Other recognized gains/(losses):
Gains/(losses) on revaluation of fixed assets						D1
Actuarial gains/(losses) on defined benefit pension schemes						D2
Other gains/(losses)						D3
Net movement in funds

Reconciliation of funds:						E
Total funds brought forward
Total funds carried forward	10,034.56			10,034.56

A1 Income from donations and legacies;

DR. RACHELLE BASCARA FOUNDATION

Trustees’ Annual Report

A2 Income from charitable activities;
A3 Income from other trading activities;
A4 Investment income
A5 Other income; Analysis of income in the notes to the accounts;
B1 Expenditure on raising funds;
B2 Expenditure on charitable activities;
B3 Other expenditure;
Analysis of expenditure in the notes to the accounts;
B4 Gains/(losses) on investments;
C Transfers between funds;
D1 Gains/(losses) on revaluations of fixed assets;
D2 Actuarial gains/(losses) on defined benefit pension schemes;
D3 Other gains/(losses); and
E Reconciliation of funds.

DR. RACHELLE BASCARA FOUNDATION

Trustees’ Annual Report

C. Balance Sheet

	Total funds	Prior year funds	Further details
	£	£
Fixed assets:			A
Intangible assets	1,700.00		A1
Tangible assets			A2
Heritage assets			A3
Investments			A4
Total fixed assets	1,700.00
Current assets:			B
Stocks			B1
Debtors			B2
Investments			B3
Cash at bank and in hand	10,034.56		B4
Total current assets	10,034.56
Liabilities:			C
Creditors: Amounts falling due within one year			C1
Net current assets or liabilities	10,034.56		s
Total assets less current liabilities	11,734.56
Creditors: Amounts falling due more than one year			C2
Provisions for liabilities			C3
Net asset or liabilities excluding pension asset or liability
Defined benefit pension scheme asset or liability			C4
Total net assets or liabilities	11,734.56
The funds of the charity:			D
Endowment funds			D1
Restricted income funds			D2
Unrestricted funds	11,734.56		D3
Revaluation reserve			D4
Pension reserve			D5
Total unrestricted funds	11,734.56
Total charity funds	11,734.56

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DR. RACHELLE BASCARA FOUNDATION

Trustees’ Annual Report

Table of Contents

D. Vision

II. Report of the Management Committee

A. Research Activities

III. Finances

B. Statement of Financial Activities

Trustees’ Annual Report

Trustees’ Annual Report

C. Balance Sheet