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ANNUAL REVIEW 2019 Our local communities are facing major challenges and society’s response to these challenges is likely to shape the way we live for generations to come. Yet, wherever there are challenges, people come together to address them. At Sussex Community Foundation, we are witness to a great burst of energy and innovation in our communities to bring about positive change. We are privileged to support these inspiring people.

to major social issues. We aim to do more to help our donors get a feeling for the changes they are making and to learn about what else could be achieved. We are also ambitious to develop larger funds and larger grants which can address the underlying causes of social problems.

It has been another successful year for us. For the second year running, we have given out over £2 million in grants. In addition, we reached an important milestone in building our endowment fund to over £20 million.

In recent years, we have expanded the remit of our grantmaking to include environmental projects and, in future, we expect to include more arts and culture projects, as well as addressing disadvantage and deprivation. We will always retain our focus on helping local people to work together to address local needs and issues. Our goal is to continue to be a flexible, responsive and sustainable resource for local community action.

During the year, we worked hard on our new organisational strategy. As part of that review, we consulted our donors, grant applicants, local authorities and other local charities, as well as comparing ourselves to other community foundations. We heard some very clear messages. Local charities confirmed to us that a mixed economy of grantmaking is really valued. Small one-off grants play a crucial role but they also want larger and longer term grants. There is also a demand for smaller fast-track grants which enable new groups to get started or larger groups to respond to urgent and immediate need. Most of all, local charities wanted us to be a broad based local funder, who will help them achieve their short-term goals and continue to support them in the longer term. Philanthropy is changing, too. Our donors tell us that they give to us because they trust us to use their money well and to make a difference. Many wanted to get more engaged with their giving and to learn more about what is happening locally. There is a growing group of donors who are prepared to make large gifts, if they see that their donation can help bring about strategic change SUSSEX COMMUNITY FOUNDATION ANNUAL REVIEW 2019

As a society, we are facing great challenges. We believe though, that with the support of a generous culture of philanthropy, our vibrant and compassionate communities will face up to these challenges and we can all work to build a better future for Sussex. KEVIN RICHMOND CHIEF EXECUTIVE, SUSSEX COMMUNITY FOUNDATION


OUR PEOPLE FOUNDER AND PRESIDENTS

AMBASSADORS

Founder

David Allam DL

The 10th Duke of Richmond and Gordon

Steve Allen Tracey Allen

Joint Presidents

Lady Emma Barnard

Peter Field  Lord Lieutenant of East Sussex Susan Pyper  Lord Lieutenant of West Sussex

Andrew Blackman DL

Patron The 11th Duke of Richmond and Gordon

Jeremy Field Caroline Greenhalgh Neil Hart DL Georgina Hovey Trevor James

TRUSTEES (as at October 2019)

Caroline Lucas

Consuelo Brooke

Denise Patterson DL

Maggie Burgess

Graham Peters DL

Rodney Buse

Humphrey Price

Julia Carrette

Juliet Smith DL

Charles Drayson

David Tate OBE DL

Jonathan Lucas Caroline Nicholls DL

Jonica Fox Nikki Glover David Hill

STAFF

Keith Hollis (Chairman)

Adrian Barrott  Grants Officer

Brian Mills

Ruby Cardona Senker  Communications Assistant

Martin Roberts

Stephen Chamberlain  Head of Philanthropy

Mark Spofforth OBE

Hannah Clay  Head of Grant Programmes

Patrick Stevens

Toni Darton  Philanthropy Manager

Pamela Stiles

Pete Jones  Grants Officer Miranda Kemp  Communications and Marketing Manager Rex Mankelow  Resources Manager Kevin Richmond  Chief Executive Jackie Turner  Executive Assistant Tracy Williams  Grants Administrator Sessional administrators: Julia Lenton Tracy Glendinning-Smith Sarah Wilson

OUR ADVISORS Knill James LLP  Registered auditors Sarasin & Partners LLP  Investment managers CCLA Investment Management Adams & Remers LLP  Solicitors

SUSSEX COMMUNITY FOUNDATION ANNUAL REVIEW 2019


OUR FINANCE This summary is extracted from the statutory financial information approved by the Board of Sussex Community Foundation on 18th July 2019. Copies of the full statutory accounts, the unqualified auditors report and the trustees report are available from Sussex Community Foundation’s registered address. Keith Hollis Chairman On behalf of the trustees of Sussex Community Foundation

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2019 INCOMING RESOURCES Total incoming and endowments

Unrestricted Restricted Endowment Total Total funds funds funds 2019 2018

679,137

2,372,739

4,383,041

66,733

0

750

7,434,917

6,896,006

EXPENDITURE ON: Raising funds

67,483 91,362

Charitable activities: 0

1,866,931

0

1,866,931 2,096,572

Other direct charitable expenditure

429,272

279,473

230,269

939,014 807,758

Total resources expended

496,005

2,146,404

231,019

2,873,428

2,995,692

0

0

1,174,274

1,174,274

(23,315)

183,132

226,335

5,326,296

5,735,763

3,876,999

0

553,878

0

0

Net movement in funds

183,132

780,213

4,772,418

5,735,763

3,876,999

Fund balances at 1 April 2018

251,790

612,059

16,747,314

17,611,163

13,734,164

Fund balances at 31 March 2019

434,922

1,392,272

21,519,732

23,346,926

17,611,163

Grants awarded

Net (loss)/gain on investments Net (outgoing)/incoming resources before transfers Gross transfers between funds

SUSSEX COMMUNITY FOUNDATION ANNUAL REVIEW 2019

(553,878)


£1

FOR EVERY £1 INVESTED IN FUNDRAISING, WE RAISED £110

£110

BALANCE SHEET AT 31 MARCH 2019

2019 2018 £ £

Fixed assets Tangible assets

1,282

1,762

Investments

20,569,815

16,457,565

20,571,097

16,459,327

Debtors

944,578

292,985

Current assets Investments

0

0

Cash at bank and in hand

1,921,345

1,428,552

2,865,923

1,721,537

Creditors falling due within one year

(90,094) (569,701)

Net current assets

2,775,829 1,151,836

Net assets

23,346,926 17,611,163

Represented by: Endowment fund Restricted funds – grant funds awaiting distribution General reserves – for core operating costs

SUSSEX COMMUNITY FOUNDATION ANNUAL REVIEW 2019

21,519,732

16,747,314

1,392,272

612,059

434,922

251,790

23,346,926

17,611,163


OUR THANKS We would be nothing without our fundholders, donors and supporters. FUNDS* #Iwill Fund Adur Relief Fund Aisbitt Family Fund Albert Van den Bergh / Glover Fund Alex and William De Winton Trust Fund Alta Fund American Express Fund Amy Hart Fund Anjoli Stewart Fund ARDIS Fund Argus Appeal Fund Arthur & Doreen Green Fund

Glenn & Phyllida Earle Fund

Sierra Gorda Fund

Gurney Charitable Trust Fund

Surviving Winter Fund

Ian Askew Charitable Trust Fund

Sussex Giving Fund

Innes Fund

Tampon Tax Fund

Inspire Fund

Tulip Family Fund

Isaac Ganas Fund

West Sussex High Sheriff Fund

Jim & Audrey Buttimer Fund

Westdene Fund

John Laing Charitable Trust Fund

Westoute Fund

Joyce Lomas Fund

William Alexander Fund

Kim Addison Fund

William Reed Fund

Knighton Fund

Worthing & Adur Fund

Laing Fund

Young People’s Fund

Lawson Endowment for Sussex

Arthur & Doreen Green Property Fund

Lewes & District Flood & Disaster Relief Fund

DONORS AND SUPPORTERS

Arthur & Rosemary Kay Fund

Lewes Fund

Aldama Foundation

Azalea Fund

Leyden House Fund

Anthony and Sarah Bolton

B&H Legacy Fund - Children & Young People

Lisbet Rausing & Peter Baldwin End of Life Care Fund

Arts Council England

B&H Legacy Fund - Libraries

Little Cheyne Court Wind Farm Fund

Beechlands Fund

Madeleine Fund

Birthday House Trust

Boltini Fund

Margaret Greenhough Fund

Brenda Ford Fund

Marit & Hans Rausing Fund

Brighton & Hove Arts Fund

Martin Family Fund

Brighton & Hove Fund

Meads Fund

Brighton Rock Fund

Millicent Mather Fund

Britton Family Fund

Munday Family Fund

Building Stronger Britain Together Fund

Nationwide Fund

Carpenter Box Fund

Newhaven EZ Community Fund

CJR Family Fund

Nick & Gill Wills Fund

Cragwood Fund

Nino Fund

Crawley Cultural Fund

Noel Bennett Fund

Cullum Family Trust Fund

Open Door Fund

Dame Elizabeth Nash Fund

Paddy Boyle Fund

David & Karen Allam Fund

Peel Family Fund

Dexam Fund

Pegasus Fund

Dulverton Trust Fund

Price Family Fund

East Brighton Trust Fund

Pro Bono Fund

East Sussex High Sheriff Fund

Purple Fund

East Sussex Women of the Year Fund

Rampion Fund

Fairfield Fund

Rooney Foundation Fund

Fangorn Fund

Royal London Fund

Field Family Fund

Rye Capital Projects Fund

Fleming Family Fund

Rye Fund

Frank and Lorna’s Fund

Sachs Trust Fund

Gatwick Foundation Fund

Selits Fund

Glebe Fund

Shoreham Air Show Fund

* as of October 2019 SUSSEX COMMUNITY FOUNDATION ANNUAL REVIEW 2019

Barness Charity Trust Bluecoat Wealth Management Ltd CCLA Investment Management Esmée Fairbairn Foundation Hall & Woodhouse James and Clare Kirkman Lady Jane Lloyd of Berwick Lynn Foundation Patricia Routledge Charitable Trust Peter Stormonth Darling Charitable Trust Professional Working Solutions Ltd Sarasin & Partners LLP The Arts Fair Tudor Foundation WeWork Management LLC Friends of Sussex Community Foundation And many individuals donors

SPECIAL THANKS TO Arthur and Rosemary Kay Bluebell Vineyard Estates Caroline Nicholls DL, High Sheriff of West Sussex John Moore-Bick CBE DL, High Sheriff of East Sussex Mary Everett


OUR GRANTS

Farewells

TOTAL VALUE OF GRANTS AWARDED

HANS RAUSING

(including £230,000 awarded from the Nationwide Fund which were paid by a third party).

We were very saddened to hear that our very first donor, Hans Rausing, the Swedish philanthropist who helped build the food packaging company Tetra Pak into a global giant, died in September, aged 93. The Marit and Hans Rausing Fund at Sussex Community Foundation was the first grantmaking fund to be established when the Foundation was founded in 2006.

£2.1 MILLION NUMBER OF BENEFICIARIES

OVER 200,000 GRANTS BY IMPACT CATEGORY

REMEMBERING ARTHUR

5% 35%

25%

14% 10%

The leap of faith Marit and Hans Rausing (pictured) took by entrusting us to make the most of their local giving here in Sussex meant that other people followed their lead and came on board too. We can’t thank them enough for that and we will remember Professor Rausing with great fondness – as will the many people of Sussex that he and Mrs Rausing have helped through Sussex Community Foundation.

11%

When our great friend Arthur Green sadly passed away in the summer of 2018, we knew that he had planned to remember us in his will. This he did. This year, over £3 million was added to his existing fund, the Arthur and Doreen Green Fund, which he set up in 2008, after the death of his beloved wife, Doreen. Arthur was a lovely man who brought joy and warmth to all who met him. He had a ‘living legacy’ with us, in the form of his fund which he played an active part in running. Now, his legacy will be ensured for many years to come, as we fulfil his wishes to support hospices, young people and older people. If you would like to know more about leaving a legacy to Sussex Community Foundation, like Arthur, please do contact us.

 Advance people’s physical and mental health, wellbeing and safety  Connect people with the arts, culture and heritage  Improve life skills, education, employability and enterprise  Maximise ability to strengthen community cohesion and build social capacity  Promote reduction of isolation and disadvantage and access to local services  Transform access to, and engagement with, the environment and public spaces

SUSSEX COMMUNITY FOUNDATION ANNUAL REVIEW 2019

Sussex Community Foundation 15 Western Road, Lewes, East Sussex BN7 1RL 01273 409440 info@sussexgiving.org.uk www.sussexgiving.org.uk Registered charity No 1113226. A company limited by guarantee No 5670692. Registered in England.

Profile for Sussex Community Foundation

Sussex Community Foundation annual review 2019  

This is Sussex Community Foundation's annual review with summary accounts.

Sussex Community Foundation annual review 2019  

This is Sussex Community Foundation's annual review with summary accounts.