MAKE A DIFFERENCE LEADERSHIP FOUNDATION
The charity is engaged in the provision of funding for the education of academically talented but economically disadvantaged young people from South Africa. In order to achieve this objective the charity hosts an annual golf day and two charity auctions. During the period the charity made substantial donations towards the education of a number of students from impoverished backgrounds.
Financial health, per its FY2023 accounts
The accounts state that the charity made a small net loss of £1,285 for the year ended 31 December 2023, following total expenditure of £775,632 against incoming resources of £774,347. Per the trustees' report, the charity holds free unrestricted reserves of £73,838, which exceeds its stated policy target of retaining £75,000 in free reserves for event-related deposits. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The charity plans to retain £75,000 in free reserves being the estimated cost of associated with deposits payable in respect of hosting the annual events.” — page 5
“In addition, MAD SA recharged costs of £35,615 (2022 - £40,794) in respect of the golf day and auction. At 31 December 2023 £3,214 was included in debtors (2022 - £40,794 was included in creditors).” — page 20
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DAVID WARD HACKETTchair
- DAVID JOHN GRISLEY
- JEREMY THOMPSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £603k | £516k |
| 31/12/2023 | £774k | £776k |
| 31/12/2022 | £432k | £493k |
| 31/12/2021 | £19k | £59k |
| 31/12/2020 | £62k | £41k |
Common questions
Is MAKE A DIFFERENCE LEADERSHIP FOUNDATION financially healthy?
Per its FY2023 accounts: The accounts state that the charity made a small net loss of £1,285 for the year ended 31 December 2023, following total expenditure of £775,632 against incoming resources of £774,347. Per the trustees' report, the charity holds free unrestricted reserves of £73,838, which exceeds its stated policy target of retaining £75,000 in free reserves for event-related deposits. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Moore (South) LLP.
Who funds MAKE A DIFFERENCE LEADERSHIP FOUNDATION?
Funders whose own accounts filings name MAKE A DIFFERENCE LEADERSHIP FOUNDATION as a grant recipient include THE LITTLE CHARITY, THE CHARLES LEWIS FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LITTLE CHARITY | FY2025 | £10k | |
| THE CHARLES LEWIS FOUNDATION | FY2026 | £3k | Psychosocial support for scholars. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MISSION44 | 1 | £440k |
| THE FIDELITY UK FOUNDATION | 1 | £311k |
| THE NUFFIELD FOUNDATION | 1 | £246k |
| THE DULVERTON TRUST | 1 | £40k |
| SWEATY BETTY FOUNDATION | 1 | £37k |
Charities like this
- THE DIFFERENCE EDUCATION LTD
- SOUTH AFRICANS IN NEED TRUST
- SWANLAND EDUCATION AFRICA TRUST
- HELPING TO MAKE A DIFFERENCE LTD
- THE BARRY AND PEGGY HIGH FOUNDATION
- THE DONALD GORDON SECOND FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MAKE A DIFFERENCE LEADERSHIP FOUNDATION | £603k | — | 0 | unclear | — | no doubt |
| THE DIFFERENCE EDUCATION LTD | £1.6m | — | — | above | — | no doubt |
| SOUTH AFRICANS IN NEED TRUST | £132k | — | 0 | unclear | — | no doubt |
| SWANLAND EDUCATION AFRICA TRUST | £103k | — | 0 | below | — | no doubt |
| HELPING TO MAKE A DIFFERENCE LTD | £334k | — | 0 | below | — | no doubt |
| THE BARRY AND PEGGY HIGH FOUNDATION | £2.8m | — | — | unclear | — | no doubt |