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2023-12-31-accounts

THE Pearce "i'l"- Foundation The Pearce Foundation Annual Report 2023

A Welcome from our Founder

Since establishing the Pearce Foundation in 2022, we have focused on building strong foundations for ourselves, whilst developing a model of support for our Charity Partners. As one of the few grant givers that focuses on offering ‘more than money’, our three-year strategy until 2025 aims to evidence the effectiveness of this approach.

In 2023, we continued to learn and evolve alongside our Partners, adapting our approach to better meet their needs. We recognise the challenges charity leaders face - juggling many roles, managing intricate details, all whilst maintaining a clear strategic vision. We all need support to navigate these early stages, and I am proud to champion our Partners, who work tirelessly to make a positive impact in their communities.

Though we may be small, our impact is significant. This report showcases how we support our Partners and the substantial difference we have made together.

Thank you to everyone who has supported us so far.

Jane E Robbie

Jane Robbie - Founder & Chair

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Our Vision

At the Pearce Foundation, we envision a world where communities come together to support, share and thrive. We believe small charities can make a big difference by driving meaningful change where it is needed most.

Our Mission

Our mission is to provide financial and bespoke wrap-around support to small, fledgling charities and not-for-profit organisations in Sussex. Our aim is to help them establish solid foundations for sustainable growth. By supporting these charities, we contribute to a happier, healthier, and more equitable world.

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How we achieve this

Capacity Building Grants Our grant-making process is designed to 1 promote responsible and sustainable growth by providing timely support to our Partners as they take constructive steps in their development.

Stage 1: Best Practice (Year 1)

Grants of up to £2,000 are awarded to new Partner organisations of the Pearce Foundation.

Stage 2: Scaling Up (Year 3)

Existing Partners can apply for a further grant of up to £2,000, at least two years after their initial grant when they are ready to take that next step of growth or development

Stage 3: Consolidating (Year 5+)

On-going or additional financial support is considered on a case-by-case basis for Partners looking to further develop their capacity and impact.

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Bespoke Support 2

Although financial support is crucial for fledgling charities, this alone is sometimes not enough. This is why the Pearce Foundation provides a year’s wrap-around support, informed by a coaching approach, alongside our capacity-building grants.

We have not only been delighted by the quality and commitment Pearce Foundation has shown us, but your thought-provoking and individualised approach has really helped us grow into a far more sustainable charity and we are profoundly thankful to you! Charity Partner, Flourish Mentors (November 2023 )

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Steps in ourwraparound support STEP6 Feedback & evaluation. Adapt tailored support in response STEP3 Explore & agree tailored support activities 06 STEP4 03 Organiseskill- sharing ortraining sessions. STEP I Onboarding & Diagnostic Tool Evaluation 05 02 STEP 5 Ref lect. Check-in orcoaching session organised. Plan next action STEP 2 04 Identify needs, Create plan, Set Goals 01

Charity Partners 2023

We support charitable organisations in Sussex who have been operating for two years or less, with an income of less than £50,000 a year.

In 2023, we supported:

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Activities, Achievements and Impact

Our unique support focuses on offering ‘more than money,’ and our three-year strategy until 2025 aims to demonstrate the effectiveness of this approach.

We developed our coaching approach and used partner feedback alongside our theory of changeto test assumptions and evaluate its impact.

By testing and refining our assumptions, we aim to devise a model that brings added value to our charity partners. If successful, the potential exists to share our "more than money" model with other grant-giving organisations, creating a unique, self-sustaining, and impactful support system for charitable organisations.

In 2023, we continued to provide support for two charities from the previous year (2022) and welcomed three additional charities on board.

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‘More Than Money’ Approach

Charity Spotlight

Pilot Charity Partner: Flourish Mentors

Flourish Mentors, an LGBTQIA+ inclusive mentoring charity in Brighton and Hove, supports young women aged 16-25. They joined us as our first charity partner in 2022, providing an excellent opportunity to pilot our support model.

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The Pearce Foundation Charity Wheel

Our support begins with the Pearce Foundation Charity Wheel, a diagnostic tool developed by our Founder, that helps our partners assess eight key areas and prioritise their focus.

This ensures our targeted financial and bespoke wrap-around support adds meaningful value and has greater impact.

By adopting a coaching approach, we can explore the details, identify goals and consider the most effective support activities to achieve those goals.

Governance Fundraising Impact People

Finance Comms Operations Strategy

The Pearce Foundation have adopted such a personal and supportive way of helping us on our journey so far. There is so much to learn as a young charity that it so often feels overwhelming. The Pearce Foundation has many resources to help you navigate those first steps and beyond.

Charity Partner, Flourish Mentors (November 2023 )

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Building Strong Foundations

Identifying key focus areas and support activities with Flourish Mentor’s Directors

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Comms
Strategy
9%
17%
Governance
15%
Operations
19%
Fundraising
19%
People
21%
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Keyoutcomes;.,,,::,. 14

Operations

Enhanced project management and internal communication, resulting in more efficient workflows.

Fundraising

Improved fundraising skills and a successful grant application, leading to increased funds.

Communications

Improved online presence raising the charity's profile.

Strategy

A refined strategic vision guiding the organisation's long-term planning.

Governance

Strengthened team dynamics and clearer strategic direction from the board.

People

Improved understanding of communication styles, fostering a more collaborative work environment, and feeling supported throughout the year.

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I can honestly say that the Pearce Foundation is now foundational in much of what we do. It has helped us refine our vision, systems and just about everything we do. Frédérique Lambrakis-Haddad, Flourish Mentors

It's easy to just keep on going with your day-to-day schedule, but it's really good to reflect and acknowledge how far you've come. Through several meetings with the Pearce Foundation, we had the chance for this reflection, and I think that's invaluable. Cathy Chesson, Flourish Mentors

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After one year, we reassessed Flourish Mentors progress using the charity wheel. The review showed significant improvements in competency across all areas, demonstrating the effectiveness of our support. This was further supported by feedback from evaluation forms and in-person reviews.

Competency levels in each support area increased by 10% to 60%.

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efO8nce 2022 2023 18

The partnership between the Pearce Foundation and Flourish Mentors illustrates the significant value of bespoke wrap-around and financial support for charities in early development.

Our mission was to help our charity partners build stronger foundations, and we are delighted to have achieved this. This successful pilot highlights the potential of our support model and sets a positive example for future partnerships.

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Reflections and next steps

A reflective session with the Directors of Flourish Mentors to Your paragraph text evaluate impact and discuss areas for improvement.

Streamline processes and consider onboarding one cohort at the beginning of each year Encouraging peer support by starting larger cohorts simultaneously Offer more personal support by offering coaching sessions, as well as regular check-ins

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Testing OurAssumptions: Theoryof Change JfJrJ 21

The Pearce Foundation's Theory of Change ITOCI Small charitableorganisationsoften lacklhe resources and skill-set necessaryto growsustainably, efficienllyandlhrivé. Communicataourfinancialkp8rsonal8upport alongsideourcoachingapproachaieachstage.. Piomotionolopportunity Shortlisting Inte￿1@wit Recruitodorganisationsbecoffl8¢haiitypartners Ch3ritywheelframewOTkintroducedto d139Th38&& Id8ntilyk&yar8asolsupwrt Stratégy&ov8iarchinggo8lsexplored Opiion5discussed Actionplancreated Budget prep3rEd LypectationsdiSCu$$edandagree¢J Valus$hared Our grant OiganiSationsusecBpactybJlldlrJwanttothevalueof£2,000 Personal support A¢oa¢hing approachis adoptedwith eachChantyPartn8r Bespoke trainingactrrfitiesorganised &delivered Le8dershipde¥elopmeni opportUnitiÈsoffèrèd Peer-lo-peer support Organisational support CharityPartn$rsworklO stren9lhen officesystemand procedures governan¢8 equipmeniortechDology CharityPartn8rsconneciwlth othercharitableorganisaiions in Iheircohort. Inihe network. inthewiclercomrnunity 8 competencies me3sured and reviewed at 7 6 and 72 ir)tepo3ls Illpact e¢alLated &'etsortrrJ Le8dersfeel more connected& supported Leaders haveimproved confidence & feel empowered LÈadersobt8in newskills& knowlÈdgÈ Leadersh8ve capacity Organi53tionswork coll8b0rat￿e￿& Stren9thened leldership CaP2City Incoffle IS ieamwoiks niore Clearer Sysiems Implemented & streTrgtheTred organi$8tion roadmap Qmpowered. tonfident leade￿& teams h8verobusi governance have8 delinedvision & strategy have a define sttucture& clearproceses Organisations 3re Imp8¢tf￿I income streams & increased Organisations, theirleadersand thecharity sectorinsussexhavethe resources, connections and skillsto growsustainably, efficientlyandlhrive 22

Our Theory of Change is a valuable tool that clarifies our goals, identifies the activities needed to achieve them, and establishes methods to measure progress. It helps us to communicate our work to others, including trustees, partners and agencies such as The Charity Commission. Most importantly, it helps us stay focused on our mission.

The key problem that The Pearce Foundation seeks to solve is: ‘small charitable organisations often lack the resources and skills necessary to grow sustainably, efficiently and thrive.’

By delivering our activities, our aim is that organisations, their leaders and the charity sector in Sussex have the resources, connections and skills to grow sustainably, efficiently and thrive.

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Activities & support

After identifying short and long-term goals, a wide range of tailored support activities are provided to help Charity Partners meet their goals. Across the 5 charities, in 2023, these included:

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Skill-sharing sessions in Trello & Strategy
HR support Skill-sharing sessions in Fundraising
Trustee’s strategy session Coaching sessions
Coaching sessions Buying a new printer
Your paragraph text
Funding promotional film for a charity partner
Team building afternoon Stakeholder strategy day
Skill-sharing sessions in Social Media
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Our skill-sharers

Our skill-sharers are professionals with extensive experience and expertise in their fields. They share their time, skills, and knowledge whilst working alongside our partners in a friendly yet professional manner. By actively listening to our partners' needs, they can provide tailored support and help build confidence.

Rich James

Caz O’Kane

Zoya Rasul

Fundraising, strategy, and Fundraising and strategy communications

Digital communications and social media strategy

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Impact delivered in 2023

Impact delivered in 2023

Informed by our Theory of Change, we focussed on achieving the following outcomes for the five organisations we supported. Data was collected by in-person interviews, questionnaires and reassessment of the charity wheel.

Leaders feel more connected and supported

Leaders have improved confidence and feel empowered

Leaders obtain new skills and knowledge

Leaders have greater financial capacity

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Outcomes rs 27

Leaders feel more connected and supported

Our holistic approach has empowered charity leaders, fostered a supportive community, and helped them feel less isolated and more capable of navigating their challenges.

It can be hard for others to understand the level of juggling that it takes sometimes. To have your level of understanding to know what a charity at this stage of setup does has been really invaluable. The level of compassion that Jane, Rich and Zoya have offered us has been deeply touching, - humbling and motivating. Wellbody Wellmind Wellbeing

The personalised support we've received from the Pearce Foundation has helped to highlight our strengths and shown us where we need to grow. Flourish Mentors

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Leaders have improved confidence and feel empowered

Thank you for meeting with me last week, I came away feeling a lot more positive about the possibilities of the charity and where I think we can take it

Lindsay, Community Supporters

The Pearce Foundation has given us the empowerment to talk through how to manage challenges effectively, with positive results. The empathy and understanding of our/my personal situation was crucial to this process

Kayla, Andy’s Angels

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Leaders obtain new skills and knowledge

The Pearce Foundation not only successfully matched us with someone with a skill set we were lacking, but the tone of the meeting was open, nonjudgemental and very conducive to deep thinking and learning. Overall the experience was both an awakening yet nurturing experience. This balance is often hard to strike but the Pearce Foundation managed to do it beautifully.

Cathy, Flourish Mentors

The session with Rich was really helpful. The contact with you and those around you is always good and makes me think differently about things. Zoe, Pass it on

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Leaders have greater financial capacity

“The £2,000 is more akin to £10,000. Apart from financial help The You not only strengthened us but also Pearce Foundation has made me equipped us with the skills needed for focus more on individual issues replication in the future. It was and think about the future of essentially an investment in us, Pass it on rather than just today. ensuring we can move forward independently.” Zoe, Pass it on Community Fridge Frederique, Flourish Mentors

We have been lucky to have had the support from The Pearce Foundation, not only have we received financial support with funding a video to share with the world the fantastic work but we have also had amazing guidance and support through having to navigate the charity through tricky times in the current economic climate.

Kayla, Andy’s Angels

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Organisational updates

We are delighted to develop Zoya Rasul’s role from a voluntary to paid position as Communications Officer. She oversees our social media management and website, and plays a crucial role as a sounding board for Jane, contributing significantly to the early development of the Pearce Foundation.

Thank you to....

Community Works in Brighton for welcoming Jane into their 6-month mentoring programme. Special thanks to mentor Ronald Olufunwa for his invaluable support during this time, which greatly helped to focus and refine The Pearce Foundation’s strategy and approach, as well as develop Jane's leadership skills and confidence.

Jake from Plus Accounting for providing accounting support. Also to Benita Matofska for generously contributing her time and expertise to help shape and document our impact.

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Declaration

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

Jane E Robbie

Signed on behalf of the charity’s trustees Full name Jane Robbie

Date 01/07/2024

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Charity Number:1198611

www.pearcefoundation.org.uk

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The Pearce Foundation 1198611
Receipts and payments accounts CC16a
For the period 01/01/2023 31/12/2023
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Investment 585 - - 585 -
Donations - - - - 130,001
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 585 ] - - 585 -
A2 Asset and investment sales,
(see table).
Transact investments 120,000 - - 120,000
- - - - -
Sub total 120,000 - - 120,000 -
Total receipts 120,585 - - 120,585 -
A3 Payments
Charity partner grants 4,567 - - 4,567 343
Self-employed payment 3,735 - - 3,735 -
Admin costs 877 - - 877 630
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 9,179 ] - - 9,179 973
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 9,179 - - 9,179 973
Net of receipts/(payments) 111,406 - - 111,406 - 973
A5 Transfers between funds - - - - -
A6 Cash funds last year end 9,028 - - 9,028
Cash funds this year end 120,434 - - 120,434 - 973
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CCXX R1 accounts (SS)

17/09/2024

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Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Banks
Details
Details
Details
Jane Waller
Signature
Jane E Robbie
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
120,434
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120,434
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
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Fund to which
asset belongs
Cost (optional)
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asset belongs
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Fund to which
liability relates
Amount due
(optional)
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Print Name
Jane E Robbie
Jane Waller
Endowment
funds
to nearest £
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-
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OK
Endowment
funds
to nearest £
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Current value
(optional)
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(optional)
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When due
(optional)
Date of
approval
17/09/2024
17/09/2024

CCXX R2 accounts (SS)

17/09/2024

2