li. Westminster Foundation Trustees. Report & Financial Statements Year Ended 31 December 2020 egistered Charity 267618 ## ## ## ## Trustees. Annual Report Year Ended 31 December 2020 Westminster Foundation- Tr￿￿e£s, Reportand firbanri•l Starefflents 2020 Westminster Foundation Better likyies_. are buil.t o solid foundations Contents About Us 10 Financial Review 47 Our B•ll•fs 11 Hans for Future P•rlods 48 Early Inhrv•ntlon 12 r￿Ing Concern 48 What W• Fund 13 Stat•m•nt of Dl¥do¥ur• to th• Audltor 48 Em•rglng Prlorltl 14 Sl•t•ment of Trusttts, Respon$lbllltl•$ 49 Our Communltles 16 Inde￿ndent Audltorfs R•port 50 Covld-19 Response 20 St•tm•nt of Fln•n¢l•l Actlvltles 53 A¢hl•v•m•nts & P•rform•nc• 26 B•l•nc• Sh••t 54 L•9•1 IJ Admlnlstr•tlv• Inforniatl•n 42 C•shfiow St•tement 55 Trust••i 43 Notes to th• Flnanclal St•tm•nts 56 Structur•, Gov•rn*ne• Management Sp•el•l Thanks 64 Objects, Alms & Aetlvllles St•tement on Publlc Benefft 46 11 About Us The Westminster Foundation is an independent grant making trust and registered charity (No. 267618). which provides long-term sustainable help and direction to vulnerable young live5. Westminsler Foun- dation represents the charitable interests of the Duke of Westminster and the Grosvenor Estate. The Foundation's grant making is focused on inspiring children and young people early in life {aged 0-251 with opportunities to thrive. build confidence and raise aspirations. The Foundation is dedicating its time to worklng closely with organisations who 5UPPOrt families. schools and local communities. For some, there is not the guidance, care and consistent presence that 15 Vital to face the challenges, or learn to negotiate, the decisions that are presented to young people across every gender. faith, sexuality, ethnicity, and social circumstance. Eady Inter￿ntIOn is critical to set the direth.on of a healthy, secure and fulfillin9 life. We a￿ pa55ionately committed to working with organi5ations that give young people the attention, care and direction that many of us take for granted. There is often no quick fix. Guided by expert5. we work rightthrough to the cause of the issues and support those who need help. By doing that, we can generate opportunities. wellbeing. education. inspiration, trust and hopefully instil confidence that no child or young person is in this alone. Westminster Foundation- Trustees. Report and firhincial Statements 2020 10 Our Beliefs By inspiring children and young people earfy in life with opportunities to thrive, build confidence and raise aspirations, we believe that we can play a role in preventing long-term systemic problems in rural and urban communities. The building blocks of early life are incredibly important. and in many ways so precarious. Without access to some of the key components such as a healthy diet. a safe and Secu￿ home, a positive role model or a supportive family. a child's most basic needs are not being met. A child needs to achieve a threshold of ment31 wellbeing to feel sufficiently safe and stable, to be able to positively engage with opportunities in life. to build resilience and realise their potential. Society commuhtfy Fomlly Aitw•a A41unww ¥i*s Creating opportunities in isolation does not creale sustainable change. That is more likely to occur when a young person is supported by family. community and wider society. Our funding also alms to create opportunitie5 forthe familys encouraging parents to support and 5UStain a child's aspirations and resilience over time. We support community organisations, schools. colleges, charities, and youth hubs as we believe they are best placed to understand local needs and have the capacity to support their young people over time. We want to use our resources and convening power to encourage shared learning around early intervention and help where necessary to influence change and foster a society in which young people can thrive. As our grant making programme becomes more established and as we have acces5 to multiple years of data. we hope to make the case for change. where needed, more Clearly with our charity partners. Westminster Foundation- T￿￿*Èes. Report and financial Statements 2020 Early Intervention Early intervention involves identifying and providing practical early support to children and youn9 people at risk of poor life outcomes. These interventions work to prevent problems from occurring later in life OT to break the cycle before issues become entrenched. It also help5 foster a set of personal stren9ths and skills that prepare a child for potential challenges in their future., often referred to as resilience. Working 'upstream' (before major problems occur), in this way, helps to reduce risk factors and increase protective factors in a child's life. These factors exist at different levels within the child's environment- at the individual, family, community and society level and interact in complex ways. In many cases, risk and protective factors are two sides of the same coin.. for example. poor parental mental health may pose a risk to a child's healthy development. while good parental mental health may provide a protective factor against other adverse outcomes, such as behavioural problems or poor academic attainment. Early interyention may also ￿SuIt in considerable cost savings or economic benefits to agencies working across health, education, employment and crime. An intervention that, for example, keeps students at risk of school exclusion in school will create savings of almost £13,000 per pupil per year in shorter-term school-related costs alone. In the longer terni. uplifts in student employability and their ability in the job market offer benefits far in excess of several hundred thousand pounds per individual over their lifetime. In contrast, if we wait too long to act and problems manifest and become embedded in young peoples, lives, the costs- human in terms of life outcomes, fiscal and economic - become far more severe. Westminster Foundation- T￿￿*Èes. Report and financial Statements 2020 12 What We Fund The Westminster Foundation works with organisations that have an impact at local level and create opportunities for young people up to the age of 25. so that they and their families have the resilience, skills and capacity to lead happy and healthy lives. Our priority is to award grants that benefit young people facing deprivation or intergenerational inequality who might otherwise not have access to these life opportunities. Charities registered with the Charity Commission or organisations with exclusively charitsble objective5 Community organisations (e.g. schools. colleges and youth hubs) who understand the local need and have the capacity to SUPPOrt their young people over time Charities based in Westminster, Chester, rural Cheshire, rural Lanca5hire or rural Sutherland Initiatives making positive early interventional change 80th core cost and project specific grants. Wesiminster Foundation- T￿￿tE po la ## ## ## |Organlsatlon|Organlsatlon||Grant Amount|Purpose ofGrant|| |---|---|---|---|---|---| |||||A 'Family
Fund' providing
food, respite,|| |NHS Charities Together|||E5,000,000|rehabilitation
and positive mental
health
support to frontline
NHS staff and their|| |||||families.|| |University ofOxford|||61,000,000|Mental health research
programme,
addressing
a broad range of mental
health issues arising
from the pandemic
affecting children
and|| |||||young people.|| |||||An 'Education
Community'
providing
online|| |Barnardo's|||f315,895|training
resource for education
professionals.
trauma
informed
approach to support
children|A| |||||on return to school.|| |||||Upscaling
The Mix's online services to|| |The Mix|||f290,000|support the mental wellbeing
ofchildren
and
young people by improvements
to helpline,|| |||||counselling
and community
forums alongside|| |||||increased
volunteer
recruitment.|| |Cheshire West and Chester
Community
Response
Fund|||5250,000|Matched funding
with Cheshire West and
Chester Council to provide crisis support to
local charities
in the Chester area.|| |||||The 'Champions
for Children
Fund' raising|| |The Childhood|Trust||f220,000|unrestricted
funds for charities working
with
children
whose lives have been impacted
by
the pandemic.|| |||||Through the London Food Alliance, providing|| |Felix Project|||f160,000|an emergency
response
service for London
families
in need during the crisis (partnering|| |||||with City Harvest and FareShare).|| |LandAid|||rc150,000|LandAid
Covid-19 Emergency
Fund to raise 61m
to support young homeless people
in crisis,
providing
safe and secure accommodation.|| |||||The September
Promise project supporting|| |Youth Federation|||f124,555|year13 students,
who are not progressing
in
academia, to find and access to training
and|| |||||employment
opportunities.|| |||||Through the London Food Alliance,
providing|| |City Harvest|||f120,000|an emergency
response service for London
families
in need during the crisis (partnering|| |||||with Felix Project and FareShare).|| |Organisation||Grant Amount|Purpose ofGrant| |---|---|---|---| ||||Through the London Food Alliance,
providing| |FareShare||Ic120000|an emergency
response
service for London
families
in need during the crisis (partnering| ||||with City Harvest and Felix Project).| |Blacon Community|Store|E108,000|Providing
food and supplies to vulnerable
families
in the area of Blacon, Chester.| |MailForce||E100,000|Helping
healthcare
workers and volunteers
obtain essential
personal
protective
equipment| ||||(PPE).| ||||Support forthe Youth Employment
Group| ||||which works collaboratively
with the| |Impetus||E75,840|Government
and policy makers to ensure
that young people are best supported
during| ||||Covid-19 and its aftermath.| ||||Funding to support18-25 year olds through| |Hatch Enterprise||E71,500|a 12-month employment
and labour market
readiness
programme
with a focus on BAME| ||||young people, encouraging
entrepreneurialism.| ||||The 'Time to Act Programme'
delivered
in| ||||Cheshire West and Chester aims to identify| |Social Finance||E69,800|vulnerable
children at risk ofschool exclusion| ||||and support
early intervention
to prevent
an| ||||increased
need post-Covid (see case study).| ||||Funding
towards
'Supporting
Together: A| |Farming
Community
Network||E53,224|Healthy
Future for Young Farmers' focusing
on raising awareness
of rural isolation
and
the signs and symptoms
for young people| ||||experiencing
mental
health issues.| |The Princes Trust||E50,000|Young People Relief Fund, providing
young
people
in rural communities
with access tothe| ||||digital world.| ||||Providing
small crisis grants for essentials-| |Turn2Us||f50,000|such as food and utility
bills - and financial
advice to as many people as possible affected| ||||by the pandemic.| ||||||~|~|~|~||| |---|---|---|---|---|---|---|---|---|---|---| |||~|~|||||||| ||~||~|~||||||| |~||-|~||||||~|~| ## |Organisation|Organisation|Organisation|Grant Amount|Purpose ofGrant| |---|---|---|---|---| |||||Healthbox
provide health
and wellbeing| |||||services to cover all aspects ofa young
person's
life, from nutrition,
personal
hygiene,| |||||alcohol and drug awareness
and positive| |||||wellbeing.
Funding
has been awarded
towards| |Healthbox||CIC|f99,200|the organisation's
work in Chester and
surrounding
rural areas, working
with schools| |||||and communities
to provide counselling
and| |||||mental
health support for children
and their| |||||families. Funding towards the core costs of| |||||services and mental
health support for children| |||||and families
in Chester.| |||||Platform for Life is a Chester based mental| |||||health charity offering counselling
and play| |||||therapy
support to low income families.| |||||Funding
awarded
towards
increasing
the| |Platform|for|Life|6110,200|number ofthe weekly counselling
sessions
in
schools and in the local community.
Increasing| |||||Platform for
I ife's capacity in helping to reduce| |||||waiting times for counselling
support and| |||||allowing
them to offer open-ended
tailor made| |||||support for long lasting outcomes.| |||||Street League work with young people aged
14-30and use sport as a tool totackle poverty| |||||and give young people the opportunities
they
need to succeed
in life and the workplace.| |Street|League||679,460|Funding
has been awarded to identify
young people at risk of unemployment
in| |||||Westminster,
and support them into high| |||||quality
employment,
training
or education.| |||||Funding
will also support young people
in| |||||employment
with opportunities
to develop and| |||||progress
in their careers.| |||||The Country Trust is a national educational| |||||charity bringing
alive the working
countryside| |||||for primary school children
who cannot access| |The Country||Trust|6200,000|it. Funding
has been awarded
towards core
costs ofthe Country Trust's mission to bring| |||||food, farming
and the countryside
alive for| |||||disadvantaged
children, through
farm visits| |||||and education.| |||||Westminster
Children's
University
works
in| |||||partnership
with schools to develop a love of| |||||learning
in children,
through
encouraging
and| |Westminster
Children' s
University|||f103,000|celebrating
participation
in extra-curricular
activities outside ofschool. Funding
has been
allocated tothe expansion
ofthe initiative
across Westminster
Schools. The organisation| |||||supports
resilience and positive mental
health| |||||in young people through
extra-curricular| |||||activities.| |Organisation|Organisation|Grant Amount|Purpose ofGrant|| |---|---|---|---|---| ||||The Avenues, The Feathers and StAndrew' s|| ||||Club are long established
community-based|| |Westminster|Youth Club|f200,000|youth clubs, which enrich young
lives by
providing
a sense of belonging,
fun and
informal
education to nearly 2,000 young
people, where they develop self-confidence,
respect for others and build their abilities|| |Collaboration|||to contribute to society as good citizens.|| ||||In addition to core costs, funding
has been|| ||||awarded to these organisations
to form a|| ||||partnership,
along with the Young Westminster|| ||||Foundation,
to enhance
outreach
work and|the| ||||evaluation
ofyouth club provision.|| ||||Passion for Learning
promote and support the|| ||||enrichment,
education
and mental well-being|| ||||ofschool age children to motivate, empower|| |Passion for Learning||Ic100000|and enable them to fulfil their potential.
Funding
has been awarded
towards the core|| ||||costs and delivery of Enrichment
Clubs
in the|| ||||Chester area. This isto assist children
with|| ||||overcoming
social and emotional
challenges|to| ||||learning
and literacy.|| ||||Young Storyhouse
provide young people
with real-life experience
and support them|in| ||||gaining
new skills, building
friendships
and|| |Storyhouse||f80,000|achieving
qualifications.
Funding
has been
allocated to the Young Leaders Programme
working
with 14-25year olds to help them|| ||||develop transferrable
job skills and to raise|| ||||their aspirations
through
a structured|| ||||volunteering
and leadership
training
course.|| ||||Young Minds support families across the UK,|| ||||advising
and supporting
them to understand
their child's behaviour
and secure the right|| ||||help. Funding
has been allocated to research,|| ||||develop,
pilot and scale the organisations'|| |Young|Minds|6160,000|work with trusted
adults supporting
young
people aged 3-21 years to: Understand
the
circumstances
and experiences that impact|| ||||on the mental
health ofchildren
and young
people; recognise the signs of mental distress;|| ||||and respond
effectively when a young person|| ||||needs help.|| ## ## |In special circumstances|In special circumstances|the|Small|Grants Panel has awarded
additional,
multi-year
support,
up to|Grants Panel has awarded
additional,
multi-year
support,
up to| |---|---|---|---|---|---| |620,000 per annum, to community||||initiatives
supporting|young people outside ofa one-off interven-| |tion. Small grants totalling|||3t373,188were awarded||in 2020, with those of3t20,000orgreater| |listed below.|||||| |Organisation|||Grant Amount||Purpose ofGrant| |Blacon Community|Store|||620,000|Funding
towards the core costs ofthe
Blacon Community
Store, providing
the local| ||||||community
with access to affordable food.| |Cheshire
Community
Foundation||||f20,000|Funding to address a shortage ofdonors
in Cheshire West and Chester, which
can be distributed
to charities and
community
organisations.| |Cheshire West Citizens
Advice||||j20,000|Funding
towards the salaries ofCommunity
Connectors
in Chester helping
families,
often with complex needs, with advice and
signposting
serwces.| ||||||Funding
towards the salary ofa Home-Start| ||||||Coordinator
in Blacon to recruit and train| |Home Start||||620,000|family mentors
who provide emotional
and| ||||||practical support for struggling
parents of| ||||||children
under five years old.| ## ## ## |Organisation|Organisation|Organisation|Grant Amount|Purpose ofGrant| |---|---|---|---|---| |Friends ofWar
Trust||Memorials|626,414|Contribution
towards the cost of renting office
space in central
London. The War Memorials
Trust provides
advice and information
for the
conservation
ofwar memorials.| |||||Contribution
towards the annualcost
of| |The Institute for Family
Business|||f27,950|renting office space in central London.
The charitable
arm ofthe IFBfocuses
on developing
a greater knowledge
and
understanding
offamily-owned
businesses,
their contribution
to the economy and society| |||||and the key challenges
and opportunities
they
face.| |||||Contribution
towards the annus I cost of| |The Interfaith||Network|623,950|renting office space in central London. The
charity promotes
positive inter-faith
relations
and improves
awareness
of related issues.| |||||Contribution
towards the cost of renting office| |Veterans||Aid|668,775|space in central
London. Veterans Aid exists
to help ex-service men and women
who are in| |||||crisis orvulnerably
housed.| |||||Contribution
towards the annual cost of| |Vincentian|Care Plus||621,777|renting office space in central London. The
charity provides support and befriending
to| |||||elderly people
in their own homes.| |||||Contribution
towards the cost of renting office| |The Zacchaeus||2000Trust|649,791|space in central
London.
Z2K helps vulnerable
people
in London facing poverty
and debt by| |||||providing
individual
advice and support.| ## ## ## ## ## |Organisation|Organisation||Grant Amount|Purpose ofGrant| |---|---|---|---|---| |||||Hammer
Heads - a 12-week training
course| |B.O.L.T.|||f34,431|in construction
from young people
in low-| |||||income communities.| |||||1he Bede Centre —a new centre in| |Bede House|||f50,000|Southwark to serve those in need and local| |||||young people.| |Marin|Food Bank||620,838|Marin Food Bank provides food to 141,000
people per week in San Francisco.| |||||Meals on Wheels provide and deliver meals| |Meals|on Wheels||f20,838|to vulnerable
groups across San Francisco,
who were particularly
vulnerable
during the| |||||Covid-19 pandemic.| |Caritas|Diocesana|De||Funding towards the refurbishment
ofa| ||||Ir20 376|residential
centre in Madrid for vulnerable| |Madrid||||families.| |||||Dream Big operates
in the suburbs of| |Dromstort|Konto (Dream||623,649|Stockholm to motivate young people to
reach their potential
by engaging
them
in| ||Big)|||activities such as sports, education
and| |||||culture.| |||||Fondation
d'Auteuil
tailor support for young| |Fondation
d'Auteuil|||f22,417|people
in Paris, to enable them to flourish
and become a contributing
member of| |||||society,| |Organisation|Organisation|Grant Amount|Purpose ofGrant| |---|---|---|---| ||||Notre Joven promotes the social integration| ||||and personal
development
ofyoung people
(16-25)living
in Madrid, who have been| |Norte|Joven|E20,376|unable to complete secondary school| ||||qualifications.
Their programmes
equip| ||||these individuals
with professional
and| ||||personal
skills to prepare them for work.| |Caritas Hong Kong||6122,527|The Neighbourhood
Kitchen is a community
organisation
providing
meals to improve the
living standards
of low-income
families
in| ||||ShekTong
Tsui, Hong Kong.| ||||Katariba uses mentors to help young people| |Kata riba|||in Tokyo create a personal
development| |||667,563|plan to bring about long-term
benefit. The| ||||charity seeks to help young people build| ||||resilience to overcome
life's challenges.| ||||Funding
towards the one-year Leaders
ln| ||||Training
programme,
which provides
high| |Mirai no Mori||672,427|school students
living
in child welfare
institutions
with training
on leadership,| ||||communication
and outdoor skills. Mirai no| ||||Mori operates across Japan.| ||||The Foundation
has the purpose of"helping| |Sir Horace Kadoorie Youth
Development
Foundation||650,501|others to help themselves".
Itserves
vulnerable
and disadvantaged
youth
in
China by providing
holistic development
in
hospitality,
technical
and
life skills training| ||||sothat they can become independent.| ||||Teach for Hong Kong recruits promising| |Teach for Hong Kong||f36,319|young future leaders
in Hong Kong, to be
placed at lower banding
schools as full-| ||||time teachers for underprivileged
students.| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||20206|2019 IE| |---|---|---|---|---|---|---| |UK collective|investment|scheme|||121,226,115|110,086,116| |movement|in the portfolio||during the year is||shown below:|| ||||||2020|2019| ||||||Total 6|Total 6| |Market value|1January||||110,086,116|94,644,590| |Purchases||||||52,100,000| |Reinvestment|of income|Bt|management||336,065|1,864,842| |fee rebate||||||| |Disposals at|carrying
value|||||(47,000,122)| |Investment
gains|||||10,803,934|8,476,806| |Market value|31 December||||121,226,115|110,086,116| |Cost 31December|||||104,300,907|103,964,842| |Unlisted
Investments
held|||within|UK||| ||||||20206|20196| |Chester BtCounty Unionist|||Buildings||10|10| ## ## ||||||20206|20196| |---|---|---|---|---|---|---| |Prepayments||and|accrued income|||3,265| |Amounts|due|from|associated|undertakings||125,492| |||||||128,757| ## |||20206|2019 IE| |---|---|---|---| |Grant liabilities||779,758|1,027,018| |Accruals and deferred|income|71,631|67,720| |||851,389|1,094,738| ## |||20206|20196| |---|---|---|---| |Grant|liabilities|153,500|335,793| ## |||2020 6|2019E| |---|---|---|---| |Grosvenor|Group Limited|3,386,804|2,548,445| |Grosvenor|Family Members|8,000,000|| |Gift aid on|donations|2,000,000|| |Other donations||28,069|871| |||13,414,873|2,549,316| ## ||2020|2019| |---|---|---| |As at1 January|110,730,208|95,111,931| |Tota I income|13,420,934|4,502,784| |Total expenditure|(13,485,207)|(2,646,654)| |Investment
gains|11,136,952|13,762,147| |As at 31December|121,802,887|110,730,208| ## ||||2020|IE|20196| |---|---|---|---|---|---| |Investment|Management|Fees|||10,101| ## ||20206|2019 IE| |---|---|---| |Grant making|12,843,163|2,108,968| |Other direct costs|(1,879)|3,159| |Support costs|643,923|524,426| |Charitable
activities as per Statement of|13,485,207|2,636,553| |Financial Activities||| ## |||2020|2019| |---|---|---|---| ||||6| |Grant|liabilities (net) as at1 January|1,362,811|1,891,285| |Grants|awarded
in the year|12,906,335|2,136,456| |Grants|cancelled
in the year|(63,172)|(27,488)| |Grant|making as above|12,843,163|2,108,968| |Grants|paid in the year|(13,272,716)|(2,637,442)| |Grants|liabilities as at 31December|933,258|1,362,811| ## ## ## Westminster Foundation 70 Grosvenor Street. London, W1K 3JP R•gist•red Charity in England and Wales No. 267618