FOUNDERS4SCHOOLS
To advance and promote the education of people under the age of 25 in such ways as the charity trustees from time to time think fit including by promoting, facilitating and assisting in the provision of careers education and advice.
Objects
3.1 The objects of the CIO are to advance and promote the education of: 3.1.1 young people under the age of 25, with a focus on those from under-represented, under-served and diverse communities; and 3.1.2 people of any age in digital skills, including those employed in micro, SME and large organisations, in such ways as the charity trustees from time to time think fit including by promoting, facilitating and assisting in the provision of careers and skills related education and advice with the intention of: (i) encouraging and enabling young people to leave formal education with a skill set that is appropriate for or consistent with future jobs; and (ii) encouraging and enabling people of any age to advance their skills, reduce the skills gap, and to support young people to develop their employability skills.3.2 The CIO will advance and promote its objects with particular reference to entrepreneurship in the fields of technology, applied sciences and related subjects; or other areas and fields as considered appropriate by the trustees from time to time.3.3 Nothing in this constitution shall authorise an application of the property of the CIO for a purpose which is not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008.
Financial health, per its FY2025 accounts
The accounts state that the group generated total income of £1,429,132 for the year ended 30 June 2025, with total costs of £1,229,395, resulting in a net surplus. However, the charity's free reserves were £7,636, which the trustees explicitly state is below their policy target of at least four months of operating expenditure. The trustees remain confident that reserves will be within their risk appetite by June 2026.
What the accounts disclose
“As of 30 June 2025, free reserves of the charity were £7,636 (2024: £24,063), which is below what the Trustees would like them to be.”
“Donations from SL Coutu and closely connected parties totalled £140,150 (2024: £50,000) all given without conditions.” — page 78
“Distribution/Gift Aid donation from subsidiary (income to the Charity): £60,822 (2024: £nil)” — page 78
“Donations from SL Coutu and closely connected parties totalled £140,150 (2024: £50,000) all given without conditions.” — page 78
“Distribution/Gift Aid donation from subsidiary (income to the Charity): £60,822 (2024: £nil)” — page 78
“Donations from SL Coutu and closely connected parties totalled £140,150 (2024: £50,000) all given without conditions.” — page 78
“Distribution/Gift Aid donation from subsidiary (income to the Charity): £60,822 (2024: £nil)” — page 78
“Donations from SL Coutu and closely connected parties totalled £140,150 (2024: £50,000) all given without conditions.” — page 78
“Distribution/Gift Aid donation from subsidiary (income to the Charity): £60,822 (2024: £nil)” — page 78
“F4S has a wholly-owned trading subsidiary, Digital Boost Upskilling Ltd (company 10187293), which delivers mentoring and peer learning for SMEs.” — page 43
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Volunteers: 37,642
- Government income: £179,466 — grants £179,466 (2); 13% of the £1,429,132 total gross income on the same return
- Employees paid over £60,000: 2 (£110,001–£120,000: 1; £130,001–£140,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 30/06/2024
- Volunteers: 37,539
- Government income: £124,999 — grants £124,999 (2); 9% of the £1,342,318 total gross income on the same return
- Employees paid over £60,000: 2 (£100,001–£110,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 30/06/2023
- Volunteers: 36,000
- Government income: £91,500 — contracts £4,000 (1), grants £87,500 (1); 8% of the £1,192,524 total gross income on the same return
- Employees paid over £60,000: 2 (£110,001–£120,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- SHERRY LEIGH COUTUchair
- Alexander David George Marsh
- Claire Nooriala
- Dr Emily Jane Wood
- Janet Coyle
- Joanne Hannaford
- Julian Philip Palmer
- Lauren Von Stackelberg
- Paul Rouse
- Stuart Watson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.4m | £1.2m |
| 30/06/2024 | £1.3m | £1.3m |
| 30/06/2023 | £1.2m | £1.3m |
| 30/06/2022 | £1.4m | £1.5m |
| 30/06/2021 | £1.3m | £1.3m |
Common questions
Is FOUNDERS4SCHOOLS financially healthy?
Per its FY2025 accounts: The accounts state that the group generated total income of £1,429,132 for the year ended 30 June 2025, with total costs of £1,229,395, resulting in a net surplus. However, the charity's free reserves were £7,636, which the trustees explicitly state is below their policy target of at least four months of operating expenditure. The trustees remain confident that reserves will be within their risk appetite by June 2026. Its FY2025 accounts were audited by Sumer Auditco Limited.
Who funds FOUNDERS4SCHOOLS?
Funders whose own accounts filings name FOUNDERS4SCHOOLS as a grant recipient include KUSUMA TRUST UK, THE OGDEN TRUST, The Caledonia Investments Charitable Foundation, LSEG Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| KUSUMA TRUST UK | FY2021 | £19k | Futures4Students Career Jam |
| THE OGDEN TRUST | FY2022 | £5k | Grants to institutions |
| THE OGDEN TRUST | FY2023 | £4k | Grants to institutions |
| The Caledonia Investments Charitable Foundation | FY2023 | £1k | |
| The Caledonia Investments Charitable Foundation | FY2022 | £1k | |
| LSEG Foundation | FY2025 | £180 | Grants to institutions |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2021 | £27k | Digital Boost: Boosting Digital Capability of SMEs and Charities |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 2 | £3k |
| THE ROTHSCHILD FOUNDATION | 1 | £475k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £93k |
| THE STEVE MORGAN FOUNDATION | 1 | £50k |
| John Lewis Partnership Foundation | 1 | £34k |
| BUCKINGHAMSHIRE COMMUNITY FOUNDATION | 1 | £25k |
| THE BEATRICE LAING TRUST | 1 | £20k |
| THE GOSLING FOUNDATION LIMITED | 1 | £20k |
Charities like this
- FUND FOR ACTION THROUGH EDUCATION
- FUN 4 KIDZ
- ACTION 4 YOUTH
- EDUCATION FOR LIFE
- PRIME EDUCATION FOUNDATION
- FOR CHILDREN & YOUNG PEOPLE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FOUNDERS4SCHOOLS | £1.4m | — | — | below | — | no doubt |
| FUND FOR ACTION THROUGH EDUCATION | £30k | — | 0 | unclear | — | no doubt |
| FUN 4 KIDZ | £1.2m | — | 0 | unclear | — | no doubt |
| ACTION 4 YOUTH | £1.5m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| EDUCATION FOR LIFE | £256k | — | 0 | unclear | — | no doubt |
| PRIME EDUCATION FOUNDATION | £558k | — | 0 | within | — | no doubt |