GOOD DEED FOUNDATION
The charity is a grant making organisiation operating at the discretion of the Trustees. In the past grants have been made to charitable organisations in the fields of religious advancement, education, poverty relief and health.
Objects
THE ADVANCEMENT OF SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a deficit of unrestricted funds of £2,055, resulting from timing differences between donations received and grants given. The trustees confirm that cash resources are sufficient to cover working capital requirements for at least 12 months, and the financial statements are prepared on a going concern basis. The charity has no employees and operates on minimal overheads.
What the accounts disclose
“Aggregate donations income received without conditions attached from Trustees and their related parties during the year was £67,901 (2023: £80,095).” — page 10
“As the Charity operates on minimal overheads, the level of reserves required to be maintained is negligible. The reserves held are predominantly for future grant commitments.” — page 4
“The Foundation made grants totalling £7,360 (2023: £23,500) to The Keren Mitzvah Trust, a charity administrated from the same address and with common trustees.” — page 10
“Aggregate donations income received without conditions attached from Trustees and their related parties during the year was £67,901 (2023: £80,095).” — page 10
“The Foundation made grants totalling £7,360 (2023: £23,500) to The Keren Mitzvah Trust, a charity administrated from the same address and with common trustees.” — page 10
“Aggregate donations income received without conditions attached from Trustees and their related parties during the year was £67,901 (2023: £80,095).” — page 10
“The Foundation made grants totalling £7,360 (2023: £23,500) to The Keren Mitzvah Trust, a charity administrated from the same address and with common trustees.” — page 10
“Aggregate donations income received without conditions attached from Trustees and their related parties during the year was £67,901 (2023: £80,095).” — page 10
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £70k | £71k |
| 31/12/2023 | £80k | £88k |
| 31/12/2022 | £125k | £119k |
| 31/12/2021 | £2k | £0 |
| 31/12/2020 | £77k | £80k |
Common questions
Is GOOD DEED FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a deficit of unrestricted funds of £2,055, resulting from timing differences between donations received and grants given. The trustees confirm that cash resources are sufficient to cover working capital requirements for at least 12 months, and the financial statements are prepared on a going concern basis. The charity has no employees and operates on minimal overheads. Its FY2024 accounts were independently examined.