THE RICHARD PORTER FAMILY FOUNDATION
The relief of those in need by reason of youth by providing grants, items and services to individuals in need and/or charities concerned with the care, upbringing or establishment in life of children or young people;
Objects
THE OBJECTS OF THE CIO ARE:(A) THE RELIEF OF THOSE IN NEED BY REASON OF YOUTH BY PROVIDING GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES CONCERNED WITH THE CARE, UPBRINGING OR ESTABLISHMENT IN LIFE OF CHILDREN OR YOUNG PEOPLE; (B) THE ADVANCEMENT OF HEALTH AND THE RELIEF OF SICKNESS, DISEASE OR HUMAN SUFFERING BY PROVIDING GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES THAT: (I) PROVIDE MEDICAL TREATMENT, CARE AND HEALING, SUCH AS HOSPITALS AND HEALING CENTRES;(II) UNDERTAKE MEDICAL RESEARCH; AND (C) SUCH OTHER GENERAL CHARITABLE PURPOSES ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE CHARITY TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE (TOGETHER, THE "OBJECTS"). 3.2 NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £1,213,000 at the end of the financial year, which is above its stated policy target of holding at least £5,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
1 annual return is past its due date with no recorded received date (Charity Commission register).
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Bernard Porter
- Freddie Porter
- Richard Maurice Porter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | — | — |
| 31/12/2024 | £30k | £15k |
| 31/12/2023 | £26k | £27k |
| 31/12/2022 | £1.1m | £2k |
| 31/12/2021 | £50k | £4k |
Common questions
Is THE RICHARD PORTER FAMILY FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £1,213,000 at the end of the financial year, which is above its stated policy target of holding at least £5,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 2 | £59k |
| THE SACHS FOUNDATION | 1 | £130k |
| COVENTRY BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £100k |
| THE CITY AND GUILDS OF LONDON INSTITUTE | 1 | £64k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £33k |
| BBC CHILDREN IN NEED | 1 | £30k |
| THE ELIZABETH AND PRINCE ZAIGER TRUST | 1 | £29k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £23k |
Charities like this
- THE CHILDREN'S FAMILY TRUST
- THE FAMILY FOUNDATION
- POSITIVE YOUTH FOUNDATION
- RIO FERDINAND FOUNDATION
- JORDAN FAMILY FOUNDATION
- THE JAYTEE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RICHARD PORTER FAMILY FOUNDATION | £30k | — | 0 | unclear | — | no doubt |
| THE CHILDREN'S FAMILY TRUST | £9.7m | — | — | unclear | — | no doubt |
| THE FAMILY FOUNDATION | £86k | — | 0 | unclear | — | no doubt |
| POSITIVE YOUTH FOUNDATION | £1.5m | — | 0 | unclear | — | no doubt |
| RIO FERDINAND FOUNDATION | £1.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| JORDAN FAMILY FOUNDATION | £69k | — | 0 | above | — | no doubt |