KEVICC Awards Foundation Trust
To promote education for students and ex students of King Edward VI Community College under the age of 25 years.To provide financial assistance for students to pursue educational activities including preparation for entry to a trade or profession, for which provision is not made from public funds.
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves stood at £120,908, which the trustees describe as being maintained at a high level to generate sufficient investment income for future grants. The total fund balance decreased from £3,202,462 to £3,163,822 due to net expenditure exceeding income, but the trustees consider the overall financial position to be satisfactory.
What the accounts disclose
“Income from listed investments 108,827” — page 12
“It is the policy of the Foundation that unrestricted, free reserves which have not been designated for a specific use should be maintained at a high level in order to generate sufficient investment income to be able to pay future grants and awards out of income” — page 5
Trustees
- Christopher Derrick Killockchair
- ANTHONY JOHN CRELLIN WHITTY
- EMILY HARRIET PRICE
- JANET MITCHELL
- Jacqi Hodgson
- Jill Hannam
- LOUISE WEBBERLEY
- PHILIP CLIVE HUGHES
- SIMON BAKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £140k | £162k |
| 31/03/2024 | £132k | £119k |
| 31/03/2023 | £135k | £125k |
| 31/03/2022 | £131k | £111k |
| 31/03/2021 | £123k | £242k |
Common questions
Is KEVICC Awards Foundation Trust financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted free reserves stood at £120,908, which the trustees describe as being maintained at a high level to generate sufficient investment income for future grants. The total fund balance decreased from £3,202,462 to £3,163,822 due to net expenditure exceeding income, but the trustees consider the overall financial position to be satisfactory. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOWLING WLG (UK) CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE KING EDWARD VI HIGH SCHOOL FOR GIRLS BIRMINGHAM TRUST
- THE COVENTRY SCHOOL EDUCATION TRUST
- HORLOCK EDUCATIONAL TRUST
- KING EDWARD VI SCHOOL SOUTHAMPTON
- THE ROWLAND EDUCATIONAL FOUNDATION
- ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KEVICC Awards Foundation Trust | £140k | — | 0 | unclear | — | no doubt |
| THE KING EDWARD VI HIGH SCHOOL FOR GIRLS BIRMINGHAM TRUST | £333k | — | 0 | unclear | — | no doubt |
| THE COVENTRY SCHOOL EDUCATION TRUST | £349k | — | 0 | unclear | — | noted |
| HORLOCK EDUCATIONAL TRUST | £281k | — | 0 | above | — | no doubt |
| KING EDWARD VI SCHOOL SOUTHAMPTON | £27.2m | — | — | above | — | no doubt |
| THE ROWLAND EDUCATIONAL FOUNDATION | £378k | — | 0 | above | — | no doubt |