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.
Objects
PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PERSONS UNDER THE AGE OF 25 YEARS WHO HAVE AT ANY TIME ATTENDED AS A PUPIL OF KING EDWARD VI COLLEGE FORMERLY KNOWN AS KING EDWARD VI SCHOOL AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE.
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
Policies the charity declares
- 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
- Risk management
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Trustees
- Christopher Derrick Killockchair
- ANTHONY JOHN CRELLIN WHITTY
- Chris Beavis
- EMILY HARRIET PRICE
- JANET MITCHELL
- Jacqi Hodgson
- Jill Hannam
- LOUISE WEBBERLEY
- PHILIP CLIVE HUGHES
- SIMON BAKER
- Tim Bennett
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 |
|---|---|---|
| THE GUILD ESTATE ENDOWMENT | 1 | £3.5m |
| THE ROUGHAM ESTATE TRUST | 1 | £5k |
Charities like this
- THE CANEWDON EDUCATIONAL FOUNDATION
- KESWICK ENTERPRISES HOLDINGS CHARITABLE TRUST
- THETFORD EDUCATIONAL FOUNDATION TRUST
- THE SEKFORDE HOUSE TRUST
- KESWICK SCHOOL CHARITABLE TRUST
- OLD WARWICKIAN TRUST
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 CANEWDON EDUCATIONAL FOUNDATION | £34k | — | 0 | unclear | — | no doubt |
| KESWICK ENTERPRISES HOLDINGS CHARITABLE TRUST | £171k | — | — | above | — | no doubt |
| THETFORD EDUCATIONAL FOUNDATION TRUST | £79k | — | 0 | unclear | — | no doubt |
| THE SEKFORDE HOUSE TRUST | £96k | — | — | unclear | — | no doubt |
| KESWICK SCHOOL CHARITABLE TRUST | £44k | — | 0 | unclear | — | no doubt |