Esmee Fairbairn Foundation - Annual Report 2007

Just a pile of paperwork?

Or the foundation of a better society for all?

It depends on your point of view...

Annual Report & Accounts 2007

Contents Esmée Fairbairn Foundation – 1 Dawn Austwick talking about how we work – 2 Four exemplary projects – 4 A grants sampler – 12 Chairman’s statement – 18 Grant-making overview – 19 Grants lists – 21 Financial review – 33 Statement of Financial Activities – 39 A living memorial – 48 Trustees, Committees, Staff and Advisers – 49

...At Esmée Fairbairn, grant applications are fundamental to what we do. They are the primary means by which we can assess a charitable organisation’s needs and potential.

They also help us determine if a project coincides with Esmée Fairbairn’s own ethos and interests.

We try to support the unusual and the provocative; the sort of projects that could be regarded as too risky.

We do this for work dedicated to the UK’s cultural life, education, the natural environment and enabling the disadvantaged to participate more fully in society.

1

1

Dawn Austwick talking about how we work Giving away substantial amounts of money to good causes is a very satisfying occupation.

But it’s also a big responsibility.

That’s why in 2007 we undertook a review of our grant-making. We came up with ways to make ourselves more open to others ideas by developing a new approach to funding for 2008 and beyond.

During this period of transition for Esmée Fairbairn, we also maintained the Foundation’s grant-making momentum.

In 2007 we committed about £25 million to organisations that are working to improve the quality of life for people in this country both today and in the future.

This annual report looks at the changes we made in 2007 and the projects we’ve supported; focussing in particular on a few that are typical of our approach to grant-making.

2 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Last year saw some major shifts in the world economy and in Britain’s. As a result, money became tighter in both the private and public sectors. This had an inevitable impact on the areas we fund and the types of organisations we support. Among the hardest hit have been those who want support for projects that don’t provide quick fixes, but do take risks and pose uncomfortable questions.

Just the sort of work that Esmée Fairbairn exists to fund.

These grants, all of which feature in this Annual Report, are exemplars of the sort of work that has excited us in the recent past.

These developments occurred at a time when we were already committed to re-thinking how we could improve the way we work.

So, in a structured process, we devoted much of the first half of 2007 to assessing the situation. A key part of this activity involved running a series of workshops throughout the UK for practitioners in the areas we fund.

And what about the future?

We asked them what troubled them. And what inspired them. And we gained a better understanding of how we could work to help solve or lessen the problems that such organisations face. We also commissioned focus groups and examined what other foundations and grant-making bodies were doing.

We evaluated what we learned and developed the concept of a Main Fund that would be responsive to requests for support across the entire spectrum of our interests.

To complement this Main Fund, we also initiated the idea of more modestly funded strands to address specific issues that we think are important or have a particular interest in. We’ve also been exploring nongrant finance – focussing in particular on loans, guarantees and soft equity investments by running a pilot programme which will now convert to a separate funding strand.

2008 will also see the final year of our seven year Rethinking Crime & Punishment Programme which has explored alternatives to prison. We will be looking to maximise the impact of the programme and our learning during this final year and to reporting on the final outcome in more detail next year.

Where are we heading?

One answer to that is we are looking to move from our current office at Park Place. As part of 2007’s review, we decided that smaller premises in central London would suit us best, while still remaining easily accessible to the organisations we support throughout the UK. Wherever we are, I hope we’ll continue to take on the big issues; tackling the topics that go to the heart of our society. We are committed to funding the organisations that ask the difficult questions about life in the UK and how it can be improved. The passion and intellectual curiosity that have driven the Foundation in the past remain our guiding principles.

Dawn Austwick, Chief Executive

There are other changes at Esmée Fairbairn.

Creation of the new position of finance and investment director recognises the size and complexity of our investment portfolio. Since that’s the fount of all that we do, it’s important to husband our financial assets carefully, so that we can continue to fund such diverse work as the Development Trust Association’s Rural Community Enterprise Challenge Fund, the Zoological Society of London’s survey of endangered invertebrates, the Siobahn Davies Dance Company’s links with the visual arts and Cambridge University’s Primary Education Review.

3

Rural Community Enterprise Challenge Fund Grants averaging £90,000 each for eight organisations from the fund which is run in partnership between Esmée Fairbairn and the Development Trusts Association.

Rural deprivation is off most people’s radar.

But hidden away in the folds of the scenic valleys, or between the lush pastures, it’s there all right.

Steve Clare of the Development Trusts Association (DTA) has come to know quite a lot about it.

‘Isolation in the countryside can make the problem worse. Who can you talk to about your worries? Short of uprooting yourself and your family, is there any way out? At DTA we know there is – and Esmée is helping to provide solutions relevant to individual communities from one end of England to the other.’

Working together, the Foundation and staff from the DTA identified applications for support that would lead to business sustainability. The projects selected are highly varied – for example converting a former working men’s social club in Yorkshire into a community arts and entertainment centre and helping a Northumberland village fudge enterprise expand into the growing market for quality chocolate – but all are marked by determination to build enduring local capacity.

Integral to the work is a programme of evaluation so that learning can be shared between and with other development trusts to build a legacy of experience for others.

4 Esmée Fairbairn Foundation Annual Report & Accounts 2007

And all are now connected with one another.

‘Esmée and DTA both felt it was vital that the organisations we’re helping communicated with one another. What’s learned in Tidworth, Wiltshire can be relevant in the Ribble Valley, and vice versa. An important by-product of what we’re doing is establishing a growing rural enterprise cohort that will soon have its own momentum.’

Tidworth Development Trust Association works to ensure that the people of Tidworth - a mix of newlyarrived Army families and those with more of a history in this Wiltshire village - are on the same wavelength.

This local radio station has helped to foster a sense of local identity and also created new volunteering and employment opportunities.

5

Siobhan Davies Dance Company £40,000 a year for three years to develop the company’s artistic programme during a period of organisational change.

Contemporary dance is a risky business. So is contemporary art. Combine the two with the rigours of a national tour, and you have the potential for great creative synergies. Or, you could fall flat on your face.

With the support of Esmée Fairbairn, the Siobhan Davies Dance Company has decided to take that risk. ‘We’re planning performances in studio venues similar to our own new home in London’s Southwark as well as in contemporary art galleries.’

According to the company’s executive director, Andrew Broadley, ‘that way we get good exhibition spaces and the sort of atmosphere that brings our dancers closer to their audiences than any conventional theatre can do.’

Appearances in Scotland, Northern Ireland and Wales as well as England will give the company heightened national exposure, as will the involvement of international artists. ‘We’re still formulating our ideas and that’s one of the things that’s so refreshing about working with the Foundation. There’s a lightness of touch in the way they administer your grant. Once they approve the germ of an idea they support you in nurturing that concept and seeing how it grows.

6 Esmée6 Fairbairn Esmée Fairbairn Foundation Foundation Annual Report Annual&Report Accounts & Accounts 2007 2007

They don’t just expect you to deliver a finished project or tour at the end of the agreed time; they’re genuinely interested in the entire process from the outset. In the lonely early days of getting a tour off the ground, that degree of involvement is very welcome – particularly since there’s no question of imposing the Foundation’s tastes or preferences on the project,’ Andrew Broadley adds.

It takes courage to make the leap from one artistic discipline to another, and the knowledge that you have some back-up can really help this. The Siobhan Davies Dance Company could rely on this in their efforts to create a national tour that combines their own areas of expertise with the visual arts in venues throughout the United Kingdom.

7

7

Zoological Society of London Zoological Society of London work on threatened ‘red list’ species £271,950 over two years to complete the indexing of several species include dung beetles, butterflies, freshwater molluscs and grasses.

Everyone rightly wants to save the whale.

And the polar bear. And the tiger. But what about those species that are less immediately appealing? Who is concerned about their survival in a world facing the increasing challenges of climate change and loss of habitats?

The Zoological Society of London is. And, with help from Esmée Fairbairn, it’s putting that concern to work by doing conservation assessments on 1,500 randomly sampled, distinctly non-charismatic species.

‘There are 5,000 species of dung beetle alone,’ notes Jonathan Baillie, head of field conservation at the Zoological Society of London. ‘Though we can’t assess the status of them all, with Esmée’s help in implementing new sampling methodology, we’re able to determine their conservation status, where they are threatened, why they are threatened and what needs to be done.’

‘The grant is helping to fill a vast gap. Though world governments set a target of 2010 to determine whether or not we’re reducing the rate of biodiversity, they didn’t follow through with any significant funding. Through this project alone we’re doubling the number of invertebrates covered by the Red Lists of threatened species.’

Almost as importantly, Foundation support has led to new partnerships among UK scientists and institutions, Jonathan Baillie says. ‘Thanks to the networks we’ve established through this project, this country is now in a position to provide information on a global scale that can help formulate biodiversity policies for decades to come.’

8 Esmée8 Fairbairn Esmée Fairbairn Foundation Foundation Annual Report Annual&Report Accounts & Accounts 2007 2007

For many species, like dung beetles, mere survival can be an uphill struggle as their habitats come under threat. The Foundation’s support for the London Zoological society is helping to identify which forms of life are most at peril – concentrating on those noncharismatic species that escape the notice of most conservation groups and their supporters.

9

9

The Primary Review £409,034 over two years to enquire into the condition and future of English primary education, and to make recommendations for policy and practice.

When asked about the issues that concern them most, people in the UK invariably put education near the top of their list. Yet there has been no comprehensive review of England’s primary school system for four decades. Professor Robin Alexander and his team at Cambridge University Faculty of Education are addressing the issue, with help from Esmée Fairbairn. ‘Britain has changed, the world has changed, yet in primary education we’ve only had a succession of piecemeal reforms. This has left us with a system less coherent than ever,’ he says.

Covering ten themes and conducted by the Cambridge team together with 70 academic consultants and a 20-strong advisory committee the Primary Review has already made headlines with its findings on children’s well-being, standards, testing and the curriculum. ‘Such media exposure at an early stage of a project can be a mixed blessing, but we’ve had nothing but support from the Foundation. And the fact that we hold regular meetings at the Esmée Fairbairn office and have been strongly supported by Foundation staff has built a sense of belonging and solidarity.

10 Esmée 10 Fairbairn Esmée Fairbairn Foundation Foundation Annual Report Annual&Report Accounts & Accounts 2007 2007

Now, with preliminary findings already having a discernible impact on primary education policy as well as on public discussion, it’s apparent that the Foundation’s grant will help to shape the education of future generations of children in England.’

Are Britain’s children keeping up? Is our primary school system providing the knowledge and development needed to equip youngsters for life in the 21t century? EsmÊe Fairbairn is providing the wherewithal to raise those questions and come up with some answers in a headline-making project.

11

11

Eclectic, eccentric & excellent Those are the qualities that tend to characterise the wide range of projects supported by Esmée Fairbairn.

These cover the areas of culture, the natural environment, education and social cohesion in the UK.

Cape Farewell This project is helping to establish the concept of climate change in the national consciousness by bringing artists, scientists and educators together and displaying the results of their collaborative efforts to an expanding audience. A two-year grant of £88,000 is helping to meet the challenge of funding core costs.

Clean Break Founded in 1979 by two women prisoners, this unique theatre company works with female prisoners, ex-offenders and those at risk of criminality because of drug or alcohol dependency. The Foundation is providing £150,000 over three years to help produce a learning programme for 150 participants involved in mounting two new prison-themed touring productions every year.

12 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Herpetological Conservation Trust Animals like the common frog and the grass snake (collectively known as herpetofauna) are becoming alarmingly rare – largely due to habitat damage and loss. A £179,000 grant supports further conservation of these species at county and regional levels; integrating to save them within the UK Biodiversity Action Plan.

13

5x5x5 Creativity is child’s play for this organisation that brings artists, teachers, mentors and young children together to explore and stimulate aesthetic selfexpression. A £60,000 grant over two years is helping to disseminate 5X5X5’s work nationally through the sale of publications and DVDs that will also provide a welcome source of income.

Yorkshire Wildlife Trust Founded in 1946, the nation’s secondoldest charity of its kind also covers one of the largest, most diverse areas including bogs, chalk rivers, coastal and floodplain grazing marshes, salt marshes and dunes. By providing £93,000, the Foundation is increasing the Trust’s core capacity by improving IT systems, membership databases and funding key personnel.

Square chapel Britain’s only surviving square church is now a thriving arts centre in Halifax, West Yorkshire. Though this 18th century monument had been exquisitely rescued from dereliction, work was still needed on public access. A £20,000 grant restored the original stone piers, steps, gates and railings.

Growing well The theraputic benefits of contact with plants are well-recognised. This industrial and provident society based in Kendal, Cumbria, helps people recovering from mental illness to develop confidence and skills through organic market gardening. The £46,000 three-year tapering grant will put the organisation on a more professional footing by funding managerial costs.

Lewis and Harris Horticultural Producers Life in the splendid isolation of the Outer Hebrides can have its drawbacks – particularly when it comes to the availability of fresh, healthy, local produce. A grant of £15,000 to this cooperative group of 76 growers is funding two part-time coordinators over two years to help improve outputs and efficiencies.

Kilmartin House Trust Situated at the heart of one of Scotland’s richest prehistoric landscapes, Kilmartin House provides a world-class centre for the study of archaeology. But the Trust wants to engage with the local community as well. To develop new audiences, the Foundation has provided £19,000 to help fund the Museum’s first temporary exhibition.

13

13

Eclectic, eccentric & excellent

British Art Centre Founded to ‘invent the future of the theatre’, this London charity is continuing that mission over three years with a £75,000 grant towards the costs of a development programme for emerging artists in up to four companies per year.

Company benefits include free rehearsal and performance space, a guaranteed production slot and the ability to commission new work.

Human Scale This education reform movement equates small schools with big learning.

A £7,000 grant towards a residential conference will forward efforts to work directly with schools and parents to promote human scale learning environments based on the values of democracy, fairness and respect.

Eden Rivers Cumbria’s Eden River catchment provides a home for water buttercups, three species of lamprey, salmon, bullhead and white clawed crayfish as well as a community of otters. But this biodiversity is under threat. A £73,000 grant is funding a marine biologist to investigate how best to save indigenous species and provide greater opportunities for their future well-being.

Royal Horticultural Society A green approach to life should start early. That is why a £53,000 grant over two years is supporting a regional campaign to champion horticulture in schools. Objectives include benchmarks for good practice, advice on practicalities, facilitated partnerships and – most fundamental of all – inspiration for pupils and their teachers.

City of Sanctuary In 2007 Sheffield City Council officially declared its support for a movement that is building a culture of hospitality for refugees and asylum seekers.

In support of this pride in welcoming people in need of safety, a grant of almost £20,000 is helping to meet the salary and office expenses of a development worker to coordinate volunteer efforts.

Get Hooked Having been started by a Durham police officer (and keen fisherman) concerned about high levels of truancy and anti-social behaviour, this anglingfocused charity now operates schemes in 16 locations to encourage the pastime among marginalised youth and train volunteer mentors. An £80,000 grant over two years will strengthen Get Hooked’s network and so expand the number of children benefiting from its activities.

14 Esmée 14 Fairbairn Esmée Fairbairn Foundation Foundation Annual Report Annual&Report Accounts & Accounts 2007 2007

15

Environmental Law Foundation This charity provides a unique link between people who require legal advice on environmental issues with the professionals willing to give that advice free of charge – worth an average value of £150,000 per year.

A £105,000 grant over three years is enabling Environmental Law to expand its nationwide activities and employ an in-house lawyer.

Lyme Regis Development Trust This Dorset town’s unrivalled setting and heritage are not always a blessing.

The second-home market has put housing beyond the reach of many locals while seasonal employment reduces income to 17% below the national average. The Trust is tackling hidden deprivation in one of Britain’s most beautiful communities with a £98,000 grant over three years.

Campaign for Dark Skies Due to encroaching light pollution, the beauty of the night sky has become a memory or a myth for much of the UK’s population. A £9,000 grant is helping the Campaign to raise awareness of skyglow and energy waste, strengthen links with official bodies responsible for lighting and publish an informative brochure.

London Youth Support Trust London is an expensive and intimidating place to start a business. For young entrepreneurs, the prospects are particularly daunting. A £92,000 grant over three years is helping the Trust by contributing towards the cost of a manager for a centre offering subsidised space and services geared to the needs of young business people.

Dandelion Trust A £25,000 grant is helping this children’s charity to run an alternative education programme for disadvantaged young people (as well as their parents or carers) at a traditional farm in Kent. This environment provides a temporary rural haven that encourages teamwork, engenders a sense of personal responsibility and fosters a nurturing attitude towards animals and the environment.

Forkbeard Fantasy This West Country-based company of film-makers is acclaimed for its multi-media and visual art exhibitions.

With help from a £57,000 grant over three years Forkbeard will conduct a series of professional development programmes for as many as 342 artists and 15 companies. This programme is building on successful residential courses previously funded by the Foundation.

15

15

Eclectic, eccentric & excellent

First Taste A taste for art or acquiring skills in creating it can never come too late.

In Derbyshire, First Taste develops and delivers arts programmes tailored to the needs of older learners – some suffering from learning difficulties and dementia.

A £60,000 grant over two years will fund 420 sessions for 300 people and 45 care workers in 14 care and nursing homes.

Porcupine Marine Named for the 19th century vessel sailed by the pioneers of deep sea ecology, this natural history society has sought help in supporting a two-year research programme that will advance oceanic habitat classification, develop a model for identifying species at risk and improve monitoring and management.

The Foundation grant provides £109,000 over two years.

16 Esmée 16 Fairbairn Esmée Fairbairn Foundation Foundation Annual Report Annual&Report Accounts & Accounts 2007 2007

The Report

17

Chairman’s statement

The year 2007 was a year of change for the Foundation. As I reported last year, we embarked on a significant strategic review of our activities which resulted in the changes to our funding approach that are outlined in this report. The review was led by Dawn Austwick, with support from the staff team, and I thank them for their hard work on this.

This report demonstrates the breadth of the Foundation’s grant-making. We hope that our new funding approach - the Main Fund and the funding strands - enable us to further develop the range and quality of work that the Foundation supports.

At the end of the year, Rod Kent resigned as a Trustee of the Foundation after six years as a member of the board, the last four of which he chaired the Investment Committee. Rod has made a huge intellectual and personal commitment to the work of the Foundation during that time and, on behalf of all the Trustees, I warmly thank him for his contribution. We welcome Thomas HughesHallett who has joined the the board.

Finally, the work we do is dependent on the commitment and expertise of our staff. We should extend thanks and good wishes to those who have left the Foundation during the year. Ron Clarke who left us after 11 years, rightfully heads that list, but Tricia Brown, Finella Boyle, Amanda Jones, Mairi Kennedy and Angela Wai have also made significant contributions to the Foundation.

We are delighted to welcome Claire Brown, Gina Crane and Matt Mayer to the team.

Tom Chandos, Chairman

18 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Grant-making overview

The Esmée Fairbairn Foundation aims to improve the quality of life throughout the UK. We do this by funding the charitable activities of organisations that have the ideas and ability to achieve change for the better. We take pride in supporting work that might otherwise be considered difficult to fund. Last year we committed approximately £25 million towards a wide range of work.

We now channel our funding through two routes: Main Fund Our Main Fund distributes about two-thirds of our funding. Responsive to shifts in demand, it supports work that focuses on the UK’s cultural life, education, the natural environment and enabling people who are disadvantaged to participate more fully in society. We are particularly interested in supporting work through the Main Fund that: > Addresses a significant gap in provision > Develops or strengthens good practice > Challenges convention or takes a risk in order to address a difficult issue > Tests out new ideas or practices > Takes an enterprising approach to achieving its aims > Sets out to influence policy or change behaviour more widely

Strands We also allocate funds to specific strands of work. These will change over time, but overall they express our desire to make a contribution in particular areas of interest. In January 2008 we launched three initial funding strands: Biodiversity: supporting practical conservation action and the science which underpins it. The strand will focus on species and habitats that are uncharismatic or hard to fund and aims to support the development of effective conservation approaches.

Museum & Heritage Collections: focusing on time-limited collections work including research, documentation and conservation that is outside the scope of an organisation’s core resources.

New approaches to learning: devising, testing and disseminating new approaches to teaching and learning that address current and future challenges in state schools and pre-schools.

We additionally have a small Development Fund that we use to test out new ideas and approaches, for example piloting ideas for possible future funding strands, and a TASK (Trustees’ Areas of Special Knowledge) fund to support organisations whose work is known to individual Trustees.

In March 2008 we launched an additional strand: Food: aims to promote an understanding of the role of food in enhancing quality of life. We anticipate supporting a mix of practical projects that have wide significance, and some research and policy based work.

In addition we have allocated £15million to invest in projects and organisations where we expect to see our funds recycled. This fund is not open to general applications.

19

Grant-making overview

2007 Grants Arts & Heritage Education Environment Social Change Cross-programme Development Fund

Value (£) No of projects

Eligible applications received

5,495,842 5,168,780 6,583,754 5,665,086 621,775 671,432

125 124 131 126 4 9

Successful applications 617 Detailed listing of grants are set out on pages 21-32

24,206,669

519

TASK grants 813,450 Grants Plus additional administration support † 187,858

98

Sub total

1,405†††

Grant-making by country £ per head of population Wales

£0.33

Northern Ireland

£0.32

Scotland

£0.30

England UK-wide

£0.24 £0.14

††††

n/a

Total 25,207,977 †† Average grant size 46,148

† Refers to additional administration support (e.g. consultancy and business planning support) given to grant-holders. †† Excludes Development Fund, TASK grants and Grants Plus administration ††† Note: the Foundation stopped receiving applications on 31 October 2007 in preparation for the launch of its new funding approach in January 2008.

††††

20 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Grants covering two or more countries.

Arts & Heritage Grants list 2007 was the final year of the Foundation organising its grant-making through four programme groups: Arts & Heritage, Education, Environment, Social Change: Enterprise and Independence. The grants listing in this report is by programme group.

Grants approved over £20,000 Organisation

Amount (£)

Aberystwyth Arts Centre 85,187 Towards a new Residency Programme over three years for artists in the new creative business units.

Creu Cymru 165,000 Towards the costs of a programme over three years to improve programming and marketing, and create a cohesive touring network in mid-scale venues across Wales.

Akademi South Asian Dance UK 58,600 Towards a programme to develop opportunities for South Asian dancers over two years and enhance the profile of contemporary South Asian Dance in the UK.

Dance City 100,000 Towards a programme of performances over two years at Dance City and the tour of an existing work.

Alford and District Civic Trust Ltd 42,577 Towards core costs over three years to help ensure the future sustainability of the organisation.

Derbyshire County Council 26,000 Towards a programme of site-specific contemporary art projects across Derbyshire over two years.

Artes Mundi 75,000 Towards the costs over two years of developing and presenting two major exhibitions of visual arts in Wales.

Design Centre North Ltd Towards developing the skills base of the organisation’s core staff in curating and touring exhibitions.

Artsadmin 60,900 Towards the costs over three years of the Associate Artists Scheme supporting the career development of 18 emerging and mid-career artists from across the UK.

Design Museum 90,000 Towards a programme of support for 15 emerging designers over two years.

Artsmatrix Ltd 66,000 Towards a professional development programme over 18 months for established craft-makers in the South West.

Association of Independent Museums 233,000 Towards a three-year grants scheme to improve the sustainability of independent museums.

Battersea Arts Centre Towards the costs over three years of a development programme for emerging artists.

75,000

Bury St Edmunds Art Gallery 46,000 Towards the salary of a part-time craft development curator and contribution towards programme costs over three years to expand and develop the contemporary craft programme.

Cape Farewell 88,000 Towards core financial and administrative support over two years to enable artists to create new work reflecting on climate change.

Citizens Theatre Towards bursaries for three trainee women directors over three years.

99,421

Contemporary Temporary Artspace 56,750 Towards a new part-time professional development post and associated costs over three years.

Council for British Archaeology Towards the salary of a community conservation officer and the costs of a programme over three years providing training and guidance to volunteer groups.

64,397

60,000

Edinburgh Sculpture Workshop 45,858 Towards a professional development programme over 18 months to provide professional and affordable training and skills development for artists in Scotland.

Hebrides Ensemble Ltd 55,750 Towards core costs over three years to produce and tour new contemporary music and music theatre to audiences throughout Scotland.

Holgate Windmill Preservation Society 66,580 Towards the restoration costs of a Grade II eighteenth century windmill.

Institute of International Visual Arts 30,000 Towards core costs to build capacity as the organisation enters a period of rapid growth following its move into a new building.

Ipswich and Diss Monthly Meeting United Charities 70,020 Towards the restoration of the balcony and ceiling of the 1749 Bury St Edmunds Quaker Meeting House.

Lincoln Cathedral Preservation Council 60,950 Towards the conservation and display of the north run of a Romanesque frieze.

Locws International 88,992 Towards the salary of a project manager and core costs over three years for a visual arts biennial exhibition in Swansea.

English Stage Company Ltd 31,452 Towards a programme of professional development for 24 emerging writers and directors across the UK.

London Artists Projects Ltd Towards the costs over three years of building the organisation’s skills and capacity.

English Touring Opera 60,000 Towards the costs over two years of a regional audience development initiative and a contribution to touring costs.

Museum of Law Trust Company 91,598 Towards the salary and associated costs over three years of a new curator post to interpret and increase access to a national collection.

Fitzwilliam Museum 69,178 Towards the salary of a conservator over four years to repair and conserve 10,000 rare printed books.

Forkbeard Fantasy 56,800 Towards costs over three years of a Professional Development Programme for artists.

Gallery Oldham 32,950 Towards the costs of creating and touring ‘Creative Tension II’ over two years to continue the work of the regional touring circuit established through the Regional Museums Initiative.

Hall for Cornwall Trust Ltd 170,075 Towards a major programme of work over three years involving the professional development of artists and the creation of new work.

Harewood House Trust 38,900 Towards the costs of restoring the east bedroom, including the conservation and re-hanging of the 18th century Chinese wallpaper to highlight the role of oriental and Chinoiserie decoration in the country house in the mid-eighteenth century.

58,500

National Museum Wales 90,000 Towards a series of projects over three years providing greater access to Wales’ national art collections.

Oban War and Peace Museum 49,500 Towards the salary over three years of a documentation officer to enable the museum to document its collection to the standard required for accreditation.

Painswick Rococo Garden 27,000 Towards the costs of restoring the Red House to preserve the historical and architecturally significant grade II* listed 18th century Georgian rococo building for public access.

Plymouth City Museum 66,550 Towards the salary of a project assistant for two years plus translation costs to research and display the St. Aubyn collection of minerals and herbaria.

Project Ability Towards the creation of artwork for an exhibition by disabled and nondisabled artists.

23,380

21

Arts & Heritage Grants list Grants approved over £20,000 Organisation

Amount (£)

Rambert Dance Company Ltd 72,455 Towards the costs of the choreographic workshop programme over three years to develop dancers’ choreographic skills.

The Bronte Society 91,718 Towards enabling the organisation to develop it’s plan for sustainability over three years.

Hatton Gallery HMS Trincomalee Trust

19,500

Ruthin Craft Centre 150,000 Towards transitional costs in the Centre’s first three years of re-opening to improve programmes and collaborate with national and international partners.

The Georgian Theatre Royal 60,000 Towards core costs and staff salaries over three years to develop the programme.

John Rylands University Library

20,000

Kilmartin House Trust

19,000

Llangollen Railway Trust

19,250

Mansfield Traquair Trust

5,000

Scottish Sculpture Workshop 78,000 Towards a programme of residencies over three years for visual artists, resulting in new work for presentation to audiences across the UK. Sedbergh & District Arts & Heritage Trust 50,000 Towards a new part-time exhibitions and audience development officer and associated costs to deliver an enhanced programme, particularly in the field of textiles.

Shakespeare at the Tobacco Factory 40,000 Towards core costs to present three annual seasons of classic plays.

Sheffield Contemporary Art Forum Ltd 39,000 Towards the creation and exhibition of ten new art works by emerging artists.

Siobhan Davies Dance Company 120,000 Towards the development of the company’s artistic programme over three years during a period of organisational change.

Slough Museum 42,674 Towards additional staff for two years to enable marketing and fundraising activities, plus running costs for one year.

South East Dance 87,335 Towards a range of professional development activity over two years for artists specialising in screen dance to increase skill levels and the standard and diversity of the work.

Southend-on-Sea Borough Council 47,950 Towards the fees and direct costs over two years of a residency programme for three UK artists.

Stagetext 80,012 Towards developing a service providing access for deaf and hard of hearing people to live tours and talks in museums, galleries and heritage institutions.

Storey Art Gallery 80,275 Towards the costs of a programme manager over three years to deliver an expanded programme.

Suffolk Building Preservation Trust Ltd 53,380 Towards the restoration of the Mill House kitchen at Pakenham Water Mill.

Tatton Park Trust 35,970 Towards a new programme of art in which three artists-in-residence will create work responding to the historic mansion and parklands.

The Belmont Trust 45,000 Towards the restoration costs of the interior of a Category A listed Georgian house on the Shetland Isle of Unst.

The Playhouse 27,500 Towards production and touring costs over three years for four new plays by writers resident in Northern Ireland.

Victoria & Albert Museum 89,241 Towards three artists’ residencies and a contribution to associated staff costs over three and a half years as part of a new programme.

Void Arts Centre 50,000 Towards the manager’s salary over two years to promote contemporary art through exhibition programmes and related activities.

Whitechapel Gallery 87,479 Towards project costs to enable curators to learn new skills through an off-site project in 2008 prior to the opening of the expanded gallery in 2009.

Wiltshire Music Centre Trust Ltd 99,000 Towards the development of the future sustainability of the centre over three years.

Wirral Metropolitan Borough Council 42,421 Towards costs to research and create an exhibition illustrating the importance of the AH Lee and Sons collection at the Williamson Art Gallery and Museum.

Wordsworth Trust 150,000 Towards bridging the shortfall in core funds over three years until the Trust’s new business model is fully implemented.

York Museums Trust 60,000 Towards production and touring costs to create the Gallery’s first international loans exhibition and tour it to three venues across the UK. Grants approved upto £20,000 Organisation

Hidden Art

17,700 1,622

Meadow Gallery

14,000

Metropolitan Cathedral of Christ The King, Liverpool

15,000

National Archives National Glass Centre

5,600 20,000

Northern Gallery for Contemporary Art

19,555

Opera Circus Ltd

18,000

Orchestras Live

20,000

Oxfordshire Touring Theatre Company

10,700

Penpont Artists

1,750

PRS Foundation

20,000

Radstock Museum

20,000

Rednile Projects Ltd

13,718

Rejects Revenge Theatre Company Ltd

20,000

Royal Cornwall Museum

19,703

Ryedale Folk Museum

14,250

S1 Artspace/Projects

8,175

Salon Art Service to the Arts in Leeds

20,000 6,000

Southbank Sinfonia

19,950

Square Chapel Trust

20,000

Suffolk Craft Society

20,000

Suspect Culture

15,000

Tete a Tete Productions Ltd

20,000

The Actors Centre

19,261

The Film and Video Workshop

18,000

Anurekha Ghosh and Company

19,900

The Follies Trust

19,800

Arts Marketing Association

19,535

The Hand Engravers Association of Great Britain

15,297

The Horsebridge Arts and Community Centre

16,533

Amount (£)

ArtsMill

3,570

Ascendance Rep Ltd

20,000

Beaconsfield

18,228

Belfast Print Workshop

16,130

Birds of Paradise Theatre Company Bristol Aero Collection Caithness Horizons Collections Trust

9,892 20,000 6,657

City Arts Trust

20,000

Clore Duffield Foundation

10,000

Coventry Artspace Ltd

20,000

Deveron Arts

8,000

Ditchling Museum

18,402

Fermynwoods Contemporary Arts

17,500

GeoData Institute, University of Southampton

20,000

22 Esmée Fairbairn Foundation Annual Report & Accounts 2007

The Jerwood Charitable Foundation 20,000 The Literary and Philosophical Society of Newcastle Upon Tyne

7,780

The Space4 Gallery

19,000

Theatre Cryptic Ltd

18,759

Touchdown Dance

17,000

Unicorn Preservation Society

14,000

Voluntary Arts Wales

20,000

Watermill Theatre

12,200

Westray Heritage Trust Wonderful Beast Ltd Total No of Grants

1,650 10,000 5,495,842 125

Education Grants list Grants approved over £20,000 Organisation

Amount (£)

5x5x5 60,000 Towards the salary of the co-ordinator over three years to support the expansion of early years’ development work in the arts in 35 settings in the South West of England.

Auditory Verbal UK 90,000 Towards the salary of a family liaison officer over three years to offer specialised support to help children with hearing impairments.

Baytree Centre 58,960 Towards a tutor, creche, evaluation and other associated project costs to improve the literacy and speaking skills of 40 hard to reach female learners in the London Borough of Lambeth by evaluating a new teaching approach.

Birkbeck College 200,000 Towards outreach and curriculum elements designed to extend higher education to hard-to-reach adults by taking Birkbeck’s programme to East London over four years.

Campaign for Learning 175,835 Towards the salary of a project manager, administration costs and project materials to develop the capacity of small voluntary organisations to deliver family learning programmes.

Canterbury Christ Church/United Kingdom Literacy Association 75,986 Towards project and staffing costs to improve teachers’ knowledge and experience of literature.

Centre for Innovation in Mathematics Teaching Towards professional development materials for teachers of Maths.

85,000

Clean Break Theatre Company 150,000 Towards the delivery of tailored learning programmes over three years for 150 female ex-offenders.

Early Education 59,747 Towards the salary of a project director over fifteen months to support the development of talking skills in children under five (with learning difficulties) and English as their second language.

Eastfeast Towards the costs of a programme exploring use of outdoor space for teaching in primary schools.

60,000

Family Links Towards the costs of a randomised control trial of the Family Links parenting programme.

54,941

First Taste 60,000 Towards the costs over two years of running 30 sessions in 14 care homes plus evaluation costs, and to offer informal intergenerational learning opportunities for about 300 hard to reach older people, 45 care workers and 72 secondary aged children in Derbyshire.

Jacari 37,330 Towards the salary of a co-ordinator to expand the organisation’s reach over two years to improve the literacy, language, communication and social skills of 800 BME children in Oxford who do not speak English as their first language.

Kids 75,000 Towards the salaries of five transitional workers across five regions to support 60 children making educational transitions nationally.

P3 42,679 Towards the salary of an exclusion worker over two years to enable 100 young people excluded from school to re-engage with education.

KPMG Foundation Towards the costs of a literacy programme for children aged 5-11 with reading difficulties in England and Wales.

PAMIS/Profound & Multiple Impairment Service 60,027 Towards the salary of the director over two years to improve educational opportunities for 500 young people with profound and multiple disabilities in Scotland.

250,000

Lifeskills 40,125 Towards the salary of the project co-ordinator over two years to support a programme for 50 young people at risk of exclusion.

London Borough of Barking and Dagenham Council 73,673 Towards the salary of a project manager, training of teachers, consultancy fees, and the production of a video to improve teaching skills of teachers in running classroom talk.

London Symphony Orchestra Ltd 45,000 Towards musician and workshop leader fees and celebratory performance costs to offer 160 people with learning difficulties informal music learning opportunities.

Mentoring for Educational Achievement 44,296 Towards the salary costs of a lead mentor, resources and volunteer expenses over two years to raise aspirations and achievements of 135 young people annually.

Moving On With Life & Learning 74,622 Towards the salary of a part-time tutor over three years to work with students who are excluded from statutory provision and to develop a programme of learning to improve communication and life skills for 20 adults with learning disabilities, using a person-centred approach and involving peer advocates to build students’ self-confidence.

National Foundation for Educational Research 90,000 Towards the costs of running a version of HEARTS in 2008-9 with six more higher education institutions.

New Education Trust 100,000 Towards the costs of staff and infrastructure to deliver a programme over three years to improve the social skills and emotional wellbeing of young people who are not confident learners and to assess which children need support to help improve their behaviour.

Northern Ireland Childminding Association 44,576 Towards the salary of a part-time co-ordinator over two years to research, develop and evaluate training for childminders to meet children’s learning and development needs.

Northern Ireland Council for Integrated Education 168,000 Towards the salary and running costs of a programme of professional development, and materials to establish a pilot project to support teachers build up a set of skills and competencies in dealing with diversity.

Post Adoption Centre Towards the salary of a part-time project worker over three years to improve the behaviour of adopted schoolchildren so that they can increase educational attainment.

90,000

Prisoners’ Education Trust 60,000 Towards the salary and running costs of a policy, research and training manager to champion the vital role learning plays in the successful resettlement of offenders by acting as an information exchange, developing policy and engaging in research and training.

RISE 51,073 Towards project costs to provide an up-to-date analysis of secondary school admissions criteria and practices in England for admissions in 2008/09 in light of the new legislative and regulatory context.

Safe Ground Ltd 75,000 Towards training for organisations delivering personal development and family learning for male prisoners.

Sainsbury Family Charitable Trusts Towards the core costs of the British Dyslexic Association.

30,000

School-Home Support 151,494 Towards a development manager to grow new earned income streams through the marketing of new training and consultancy programmes and the implementation of quality assurance and impact evaluation plans.

Scottish Adult Learning Partnership 90,000 Towards the salaries over two years of three staff and to recruit 600 ‘hard to reach’ people to local learning opportunities by creating opportunities for existing learners to become promoters of learning.

Screenreader.net CIC 55,000 Towards providing 4,000 people with learning difficulties access to a talking computer that will interface with existing learning disabilities educational software.

Shakespeare Schools Festival 30,000 Towards the resources and support required to enable the participation of 30 special schools in the Shakespeare Schools Festival 2008.

Stonewall 68,727 Towards the salary of an education co-ordinator to provide training to teachers and to develop policy and practice to reduce homophobic bullying in schools in 57 local authorities.

23

Education Grants list Grants approved over £20,000 Organisation

Amount (£)

Survivors’ Poetry 60,000 Towards the salary of a project co-ordinator over two years to run a poetry mentoring scheme for 60 adults with mental health difficulties to support and encourage 25-30 emerging writers to enter the wider literary community and help train other members of the organisation.

The Brightside Trust 40,000 Towards the costs over two years of developing an online mentoring/learning programme to raise levels of educational achievement among children in care.

The Campaign for Drawing 81,000 Towards the salary of the director over three years for the preparation and production of training materials and the maintenance of a digital archive.

UK Career Academy Foundation 200,000 Towards project costs over three years to enhance the quality of vocational education for young people aged 16-19 in the UK. UK Youth 250,000 Towards the costs of the curriculum development officer and project costs over three years to support the development of new provision for schools excludees in Hampshire.

University of Birmingham School of Education 48,757 Towards research, administration, training and DVD development costs to increase the number of literacy resources and activities for children/adults with severe learning disabilities in public libraries nationally.

University of Cambridge 53,371 Towards the salary of a an additional research associate for the duration of The Primary Review, and some additional project costs.

University of Chichester 35,000 Towards the salary of a researcher and evaluation costs to extend and evaluate a story telling programme that aims to develop the reading skills of 180 primary aged children with severe behaviour and literacy problems, from 30 schools and to improve their relationships with their parents/carers.

Willow, The North Hull Women’s Centre 42,409 Towards the salary of a part-time women’s support worker to improve the confidence and skill levels of Black and Minority Ethnic women and to raise the community’s understanding of BME groups.

Willowfield Parish Community Association 45,000 Towards the salaries of a family support worker and children’s worker to run the programmes over three years, and some resource costs to help 400 disadvantaged families better support their children’s learning.

Grants approved upto £20,000 Organisation

Amount (£)

Continuing Education (NIACE)

8,214

Network for Teaching Entrepreneurship

19,800

Nippa - The Early Years Organisation 7,500 North Staffs Special Adventure Playground

20,000

North Tyneside District Disability Forum

20,000

Open Roads To Learning

20,000

Outlook Training Organisation

8,800

Oxford Brookes University

18,970

Peaceworks

20,000

Pilton Equalities Project

20,000

Re-Entry

20,000

Remembering Education

640

Association for Education and Ageing

19,500

Research Autism

Barons Court Community CLIC

13,132

Royal Institution of Great Britain

20,000

SAPERE

20,000

Bradford City Farm

9,997

9,411

Camden Women’s Aid

11,722

Sherbourne Youth Resource Centre

20,000

Capacity Consultants

11,950

South London Refugee Association

20,000

St John with St Mark C E Primary School

20,000

Carnegie UK Trust

9,900

Centre for Literacy in Primary Education

19,250

Synectics Education Initiative

19,500

Children’s World Charity

18,900

The Charterhouse Group

19,500

Creative Connections

11,017

The Cooke e-Learning Foundation

19,750

Darnall Forum

20,000

The Dandelion Trust for Children

20,000

Diversity Hub

20,000

The Edge Foundation

2,000

8,367

The Edge Foundation

20,000

The Foundation for Social and Economic Thinking

20,000

Double Elephant Print Workshop Downright Excellent

15,000

Greenwich & Lewisham Young ` People’s Theatre

19,898

Harmony Training Ltd

9,000

Human Scale Education

7,000

Institute for Philanthropy

10,000

Institute of Education

19,640

Involve

18,000

Involve - Voluntary Action in Mid Devon

The Garden Science Trust

10,084

The Lighthouse Group

19,138

The Pentalk Network Ltd

20,000

The Performing Arts Labs Ltd

1,000

The Phoenix Education Trust

20,000

The Phoenix Education Trust

10,000

The Pilgrims’ Association

19,950

19,984

The Reader

20,000

Island House Community Centre

20,000

The Score Project

12,375

WAC Performing Arts & Media College 95,509 Towards the salaries of a project co-ordinator and tutor, management and other course delivery costs over three years to enable 40 young adults not in education, employment or training to re-engage with learning and successfully enter further education, apprenticeship or employment.

Joseph Rowntree Charitable Trust

15,000

The Skillshop Ltd

10,000

Kensington Housing Trust

20,000

The World Food Project

Kidscape

20,000

Tower Hamlets Parents Centre

12,500

Lancashire Global Education Centre 20,000

Toxteth Learning

20,000

Wai Yin Chinese Women Society 60,614 Towards the salary of a family learning co-ordinator and part-time tutor over two years to run 10 hours per week of classes for 38 weeks per year to provide learning opportunities for Chinese parents and carers in Greater Manchester.

5,980

LCDP

19,966

TreeHouse

10,000

Learn English at Home

20,000

Universal Leonardo

20,000

Llanhilleth Institute

13,942

Waltham Forest Bilingual Group

London Centre for Leadership in Learning

20,000

Wingate & Station Town Family Centre

Manchester Metropolitan University 20,000 Migrants Resource Centre Music and the Deaf

20,000 8,900

National Education Trust

18,000

National Foundation for Educational Research

3,550

National Institute of Adult

24 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Total No of Grants

3,302 20,000 5,168,780 124

Environment Grants list Grants approved over £20,000 Organisation

Amount (£)

Association of Rivers Trusts 40,000 Towards core funding over two years to bring initiatives together to restore and protect river ecosystems in England, Wales and Northern Ireland by supporting local community river initiatives and providing guidance to new and emerging river trusts.

British Dragonfly Society 75,000 Towards the salaries and costs over three years of a database officer and a conservation officer to continue conservation work, achieve a long-term sustainable programme of volunteer recording activities and data on dragonflies and their habitats.

Bumblebee Conservation Trust 97,000 Towards a conservation officer over three years to engage in outreach work with schools, farmers, land managers and nature reserve wardens to promote awareness of the plight of British Bumblebees and encourage changes in land management practices to prevent further declines in bumblebee populations.

Carbon Disclosure Project Ltd 90,900 Towards the salary of a chief financial officer and assistant to the executive team to support improved disclosure, reduce carbon emissions from the corporate sector and strengthen CDP as an organisation.

ClientEarth 75,000 Towards the salary and related expenses of a lawyer over three years to carry out work on environmental policy law to promote robust environmental laws and ensure their just administration.

Council for National Parks 30,334 Towards specialist expertise in membership development, to improve the organisation’s communication tools and to pilot a membership development strategy to ensure the long term sustainability of the organisation.

Cumbria Biodiversity Partnership 105,000 Towards the salary of an ecologist and an advisor over three years to protect and improve the condition of hay meadows in Cumbria.

Derbyshire Wildlife Trust 28,000 Towards the salary of a project manager and the costs of developing a pilot local grazing scheme, seed supply scheme, landowner liaison work, supporting volunteers and to stop the loss of wildflower meadows by developing innovative ways of helping landowners to manage their meadows positively and gain economic benefit from them.

Ecological Continuity Trust 40,000 Towards fundraising support and start up costs to set the new organisation on a secure institutional base for long-term ecological experiments in the UK.

Ecotrust 46,500 Towards salaries and other expenses over nineteen months associated with research and outreach activities conducted by the UK partners to fulfil, evaluate and compare the major lifecycle environmental and social impacts associated with the production of farmed and wild-caught salmon for human consumption.

Eden Rivers Trust 72,846 Towards the salary of a part-time fisheries biologist over three years to naturally increase and sustain the wild trout population in the River Eden by undertaking investigation, implementing practical work, monitoring effects and disseminating best practice.

Environmental Law Foundation 105,000 Towards an enhanced advice and referral service over three years to provide a service linking together people who need legal advice on environmental issues, to a network of lawyers and consultants who provide free advice.

European Federation for Transport and Environment 47,140 Towards buying and analysing industry sales data over two years and publicising progress made by major carmakers to improve fuel economy and to campaign for legally-binding fuel economy standards in order to reduce CO2 emissions from cars.

Fairshare Educational Foundation 74,000 Towards core costs over three years to work with the UK’s £860 billion pension fund sector and the £7 trillion fund management sector in social and environmental issues.

Farming & Wildlife Advisory Group (FAWG) 70,000 Towards staff costs over two years to continue to develop FWAG’s services for farmers and landowners and to assist Northern Ireland farmers to deliver biodiversity gain and environmental improvement for their farms and the wider environment.

Flora Locale 151,254 Towards the salary of a project officer over three years to promote restoration of wild flower grasslands (wild meadows).

Forest Peoples Programme 40,730 Towards the costs of the Shrink Project co-ordinator over two years, to engage with 20 major UK companies to motivate and assist substantial reductions in paper use.

GM Freeze 70,000 Towards staff and running costs over two years to ensure that sustainable development is at the heart of decision making about the use of GM technology in food and farming.

IPPR 86,500 Towards the costs of conducting the research, including commissioning papers, a deliberative forum, interviews, staff and publication costs to assess whether the Government should seek the adoption of personal carbon trading to reduce the UK’s carbon dioxide emissions; and, if so, how?

Lancashire Wildlife Trust 49,023 Towards the costs over three years of the Northwest Lowland Water Vole Project, which aims to protect existing populations of water vole, develop habitat corridors and control predation of this threatened species throughout Lancashire.

Lincolnshire Wildlife Trust 62,499 Towards a part-time environmental land management officer over three years to guide and encourage farmers in priority areas to support the preservation and re-creation of endangered grazing marshes in coastal Lincolnshire and to conserve, restore and re-create coastal grazing marsh.

London Cycling Campaign Ltd 67,500 Towards the development costs over three years associated with the organisational improvement projects, with a contribution to the staff costs, to promote cycling in Greater London.

Norfolk Wildlife Trust 90,000 Towards the salary of a new post and associated costs for a project officer over three years to recreate 70 hectares of core heathland on a former conifer plantation, contributing to Biodiversity Action Plan targets as part of Norfolk’s ecological network.

North Pennines AONB Partnership 132,000 Towards the costs of blocking 80km of peatland grips for the positive impact on biodiversity and hydrology in the area to restore priority habitat areas and reduce carbon emissions.

Open University 126,999 Towards revised management plans, and production of a practical handbook to conserve and enhance the UK’s remaining floodplain meadows through a better understanding of the processes that sustain them.

Policy Studies Institute 432,810 Towards staff and associated costs over twenty-seven months of a green tax commission for the UK large-scale introduction of green taxation.

Population and Sustainability Network Towards the salary of a part-time project officer over two years to introduce greater rigour to the organisation’s advocacy and communication work, in order to increase effectiveness and reach.

30,000

Porcupine Marine Natural History Society 109,128 Towards the costs of four scientists’ research over 28 months; to promote conservation of deep sea biodiversity by developing practical solutions that improve sustainability of fishing and other human uses of deep sea regions.

Scottish Environment LINK 93,000 Towards the salaries and associated costs over two years of two Marine Bill orientated posts to help deliver a fit-forpurpose marine bill for Scotland, including marine spatial planning and proper protection for marine life.

25

Environment Grants list Grants approved over £20,000 Organisation

Amount (£)

Sheffield Wildlife Trust 100,468 Towards the staff costs over two years of the waterways biodiversity programme in Sheffield and Rotherham to preserve and develop the biodiversity of local waterways.

Sherwood Forest Trust 120,000 Towards the salary of the CEO over three years to deliver across Sherwood Forest’s Natural Character Area, landscape level habitat work, reducing fragmentation, encouraging endangered Sherwood species and involving communities in Sherwood’s countryside and culture.

Small Woods Association 61,500 Towards the salary of a project officer over three years to secure the long term management of existing coppice woodlands and create new ones through the co-ordination of local coppice groups and landowners.

The British Association for Shooting and Conservation 51,670 Towards the co-ordinator of the Green Shoots project over three years, which aims to maintain and enhance the biodiversity of wildlife on land owned by the organisation’s members and contribute to the Cheshire Local Biodiversity Action Plan.

The Carbon Performance Centre, Glasgow Caledonian University 31,000 Towards performance benchmarks to drive substantial emissions reduction activity by companies.

The Climate Group 95,570 Towards the design, implementation and ongoing support for systems that will improve the organisation’s ability to communicate with colleagues, partners and beneficiaries.

The Cotswold Water Park Society Ltd Towards the core costs of the biodiversity team over three years to deliver significant biodiversity gains as part of a 20-year project to create a corridor of new habitats.

96,000

The Dalriada Project 30,000 Towards the practical conservation work to facilitate habitat management in native woodlands, predominantly removing invasive species and allowing regeneration to protect, connect and restore over 230 hectares of native woodland habitat within the Dalriada area of mid-Argyll over the next two years.

The Global Commons Trust 50,000 Towards the core costs over three years to support the objectives of bringing all governments to a common account of carbon neutrality as required by the UN climate convention.

The Herpetological Conservation Trust 179,000 Towards the Widespread Amphibian and Reptile Project over three years to further the conservation of widespread amphibian and reptile species throughout the UK.

The Marine Biological Association of the UK 143,000 Towards a generation of key ecological data on migratory fish species in UK water over three years, to aid their conservation and recovery by underpinning Biodiversity Action Plans.

The Noise Association 39,000 Towards a publication documenting how rural road noise affects people’s lives.

The Royal Horticultural Society 66,000 Towards salary and costs of a regional advisor over two years to support the campaign for School Gardening, encouraging, inspiring and facilitating horticulture in schools across the UK. The Wildscreen Trust 46,000 Towards the salary and costs of the ARKive Director’s position for a single year to promote the public understanding of biodiversity and the need for its conservation by using the power of wildlife imagery.

Transition Network 30,500 Towards the salary of a training professional to devise, co-ordinate and deliver a range of courses to support community-led Transition Initiatives to help communities in the UK and Ireland to prepare for and mitigate the effects of climate change and peak oil through community led initiatives.

Transition Town Totnes Ltd 39,000 Towards the salary of an energy descent plan co-ordinator and an advisor to increase the resilience and sustainability of Totnes and environs by reducing energy and resource use.

Tweed Forum Ltd 69,000 Towards the ongoing invasive plant control programme over three years to eradicate invasive Giant Hogweed and Japanese Knotweed from the Tweed catchment and to improve the habitat and biodiversity to demonstrate best practice in invasive species control.

UK Overseas Territories Conservation Forum (UKOTCF) 99,750 Towards organisational core costs over three years, to enable UKOTCF to support its local partner organisations in UK territories to achieve conservation of globally important biodiversity.

Ulster Wildlife Trust 91,904 Towards two policy officers over two years to deliver a fit-for-purpose Marine Bill for Northern Ireland.

Westcountry Rivers Trust 97,982 Towards developing and implementing a strategy over three years for managing invasive weeds in the Camel catchment special area of conservation, which will underpin national policy management and treatment of invasive weeds and the collation and dissemination of findings.

Wild Trout Trust 75,000 Towards the salary of a conservation programme manager and running costs over two years to improve the quality of urban rivers for the benefit of trout and other wildlife.

26 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Wildfowl & Wetlands Trust (WWT) 100,000 Towards the salary of the director of conservation over 30 months to co-ordinate WWT’s conservation work and raise their profile in conservation policy making.

Wildlife and Countryside Link 75,226 Towards the cost of a marine policy and campaign co-ordinator over three years, to deliver a fit-for-purpose Marine Bill.

Wildlife Trust Wales Office 75,000 Towards the salaries of three posts over three years to deliver and implement the Marine Bill in Wales.

WWF-UK 170,000 Towards the creation of a fund over two years to support the enactment of the proposed Marine Bill.

Wye & Usk Foundation 94,000 Towards the costs over three years to map out and eradicate invasive weeds, plus a campaign to involve stakeholders in their awareness, detection and ongoing management in the Usk and Wye catchments.

Yorkshire Dales Millennium Trust 60,000 Towards eradicating American signal crayfish from the Ribble catchment to protect native white clawed crayfish and the wider habitat.

Yorkshire Wildlife Trust 93,300 Towards building the Trust’s capacity over 16 months to deliver its mission including support for membership database, data sets and salary costs.

Zoological Society of London 271,950 Towards the costs of the SRLI co-ordinator salary, internships and report production for the completion of butterfly and mollusc assessments and assessment of four new taxonomic groups over two years, as part of the Sampled Red List Index Project.

Grants approved upto £20,000 Organisation

Amount (£)

Action for a Global Climate Community

20,000

Ayrshire River Trust

19,190

Community of Arran Seabed Trust

20,000

Cromarty Firth Fishery Trust

20,000

Deveron Bogie & Isla Rivers Trust

19,650

EcoNexus

19,100

Energy Saving Day

15,000

European Squirrel Initiative

20,000

Forward Scotland Green Alliance Trust

9,500 5,875

Green Thing Ltd

20,000

Lochaber Fisheries Trust

11,400

Natural History Museum

18,888

Road Sense

10,000

Ruralnet

7,530

Grants approved upto £20,000 Organisation

UK Biodiversity Programme Amount (£)

Tay Foundation

19,500

The Tubney Charitable Trust

20,000

Third Generation Environmentalism Ltd

2,292

Transition Town Lewes

20,000

Association for Environment Conscious Building

20,000

Aviation Environment Federation

10,000

Beech Croft Road Residents Group

11,320

Blooming Futures Ltd

20,000

Botanical Society of the British Isles Brecknock Farmers Market Campaign for Dark Skies

1,700 10,938 9,000

Carbon Disclosure Project Ltd

20,000

Carbon Disclosure Project Ltd

4,112

Centre for Alternative Technology Charity Ltd

5,000

Centre for Human Ecology

7,625

Chatham House

8,000

City University

20,000

Cool Earth

20,000

Cwm Harry Land Trust Ltd

10,000

East Malling Research

19,748

Environmental Law Foundation Federation of City Farms and Community Gardens Fife Harca Ltd Friends of the Earth Trust Going Carbon Neutral Riverside

7,350 19,900 2,717 20,000 18,300

Heron Corn Mill - Beetham Trust

20,000

IC Consultants Ltd

19,800

IFEES

20,000

Lewis and Harris Horticultural Producers

15,000

Lifeisland

10,000

Lune Habitat Group

16,000

Modus Vivendi Ltd

20,000

Nuffield Farming Scholarship Trust School of Biological Science, University of Plymouth

15,000

The Baring Foundation

20,000

The English Hedgerow Trust

14,000

The Environment Foundation

5,000

The Royal Society for the Encouragement of Arts (RSA)

18,000

The West Wales Eco Centre

20,000

Transition Penwith

20,000

Transport 2000 Trust

10,000

VERTIC

20,000

Wales Environment Link

10,000

Wildlife and Countryside Link

20,000

Zoological Society of London

20,000

Total No of Grants

6,074,893 127

Rivers and Fisheries Trusts of Scotland 103,000 Towards the salary of a programme co-ordinator and the costs associated with developing bio-security plans and the control of existing non-native populations around Scotland over three years.

SAMS 126,000 Towards a rigorous assessment over three years of the risk of introduction associated with hull fouling and unintentional aquaculture activity; determining most effective methods for early detection and control; continuation of the reporting system established by MARLIN to protect native biodiversity from the impacts of marine invasive non-native species that enter the UK marine environment via hull fouling and unintentional aquaculture activity.

The Wildlife Conservation Research Unit 159,049 Towards work over three years that will map white-claw cray fish distribution and density in the Upper Thames area and devise effective conservation strategies for invasive species to provide the necessary knowledge and tools to manage more effectively the ecological and socio-economic impacts of the invasive Signal Crayfish.

Total No of Grants

508,861 4

15,000 4,633 19,987

Scottish Native Woods

16,840

South Downs Campaign

12,620

St Abbs & Eyemouth Voluntary Marine Reserve

Task 37 (UK) Ltd

3,200

School of Law, University of Bristol

South West Wildlife Trusts

10,000

Amount (£)

Plantlife International 120,812 Towards the costs over two and a half years of a project to counter the spread of invasive non-native plant species in England and Wales.

3,195

green.tv

National Society for Clean Air & Environmental Protection

Organisation Sussex Pony Grazing and Conservation Trust

9,400 13,600

27

Social Change: Enterprise and Independence Grants list Grants approved over £20,000 Organisation

Amount (£)

Active Change Foundation 50,000 Towards the salary of the co-ordinator and costs over two years to improve the quality of life for young Muslim men and women and the wider community, reduce intergenerational gaps and exclusion, and support people into education and work.

Citizens Advice Bureau Oxford 36,500 Towards the salary of an advice session supervisor and prisoner training costs and to continue support for the prison partnership which provides training for prisoner volunteers to provide advice to the public.

Advice Services Alliance 41,670 Towards the costs over 16 months of researching, designing, consulting upon and evaluating a toolkit that will improve the standard of legal information to the public.

Community Retailing Network Ltd Towards the costs over two years of providing support to existing and new community-owned retailing outlets in Scotland.

Amicus Vision 60,000 Towards the salary of a project manager over three years to alleviate social and financial exclusion by providing 1,000 low-income households with access to affordable furniture and white goods each year and work to increase financial sustainability.

Barton Community Association 71,850 Towards the salary of the café manager over three years to develop a community cafe as a self-sustaining social enterprise which will provide a hub for social cohesion, local training and employment opportunities.

Beulah Scotland 77,273 Towards van driver and retail assistant salaries over three years at an East End furniture project, delivering 400 tonnes of furniture from landfill and provide 60 employment training and volunteer placements.

Bolton Business Ventures Ltd 53,000 Towards loan/outreach officer salary costs over two years to support people from disadvantaged communities and groups to start new businesses by providing finance where they are unable to borrow capital from other sources.

Bolton STEPS 48,000 Towards the catering development manager salary over two years, to train and offer work placements for 100 people, to return 16 people back into employment and 20 into further education all of whom have mental health problems.

Brent Homeless User Group 53,259 Towards the salary and costs of a project manager over two years to build ‘Community Insight’ into a self sustaining enterprise providing meaningful opportunities for homeless people.

Bridges Project 62,720 Towards the shortfall of Way2Work Scheme costs over three years to develop the employability skills of disadvantaged young people in East Lothian and Midlothian using work practice placements with employers.

Children and Young People’s Empowerment Project 33,248 Towards the costs over two years of developing a consultancy, including the salary of the funding development manager, to increase the number of children and young people trained in participation, engaged with decision makers and involved in communities of multiple deprivation.

74,217

Compass (Peterborough) Ltd 151,076 Towards the salaries over two years of the operations director and accounts assistant together with the fees for an independent financial controller to improve financial reporting, strengthen the management team and improve financial control, in order to consolidate the organisation and increase profitability to fund future expansion.

Craghead Development Trust 90,000 Towards core costs over three years especially the manager’s salary to accelerate the growth of this rural development trust.

Derby Loans (IPS) Ltd 70,000 Towards core costs over three years to make affordable credit available to financially excluded personal customers in deprived areas of Derby.

Development Trusts Association 60,600 Towards the costs over three years for peer learning and mentoring related to the rural community enterprise challenge programme to improve the capacity and performance of development trusts serving rural or semi-rural areas.

Dinamic Ceramics Northumbria Ltd 56,400 Towards the salary and costs over two years of the deputy manager post to provide employment and training for people with physical disabilities, learning difficulties and mental health issues within a manufacturing creative industry operating as a social enterprise.

Ethnic Minority Training Project 75,000 Towards the salary of the employment support officer over three years to work with 60 unemployed ex-offenders each year from the Luton area, supporting them out of crime and into employment.

Feat Enterprises 94,850 Towards the chief operations manager salary over three years to improve the efficiency of Feat Enterprises and provide support to the supervisory staff.

Furniture Re-use Network 50,000 Towards the salary over eighteen months of a development worker and a contribution towards core costs to accredit furniture recycling organisations so that they can benefit from contracts with large national retailers.

Get Hooked on Fishing Charitable Trust 80,000 Towards the salary over two years of the director to build the capacity of a network that uses angling as a way of engaging disadvantaged and at risk young people and improving their self-esteem and confidence.

Growing Well 45,994 Towards the salary of the manager over three years to improve the business and social performance of the horticulture social enterprise by 50% between 2007-2010.

Hastings and Rother Citizens Advice Bureau 25,000 Towards the salary of a budgeting and consumer adviser to provide money management and budgeting advice to customers of the Hastings and Rother Community Banking Partnership.

Headingley Development Trust Ltd 69,000 Towards the salary and costs of the development worker and a contribution to overheads over three years to progress the development of a community owned development trust.

LEAP 99,200 Towards the salary of the operations director over two years, increasing employability among people from minority ethnic groups, by providing basic skills and job preparation training.

Leicestershire Cares 92,377 Towards the costs over three years of the supported work experience project for young care leavers.

Fablevision 30,000 Towards the costs over two years of the Vibrant Sustainable Communities project which uses the arts to support disadvantaged young people to create a social enterprise and to access work and training.

London Action Trust 47,656 Towards training and development co-ordinator salary costs over 18 months to build the capacity of statutory and voluntary services to provide effective, appropriate domestic violence services by raising skills and standards within voluntary and statutory organisations & increase the level of income generated from consultancy/training.

FACET 71,500 Towards the salary and costs over three years, of a new business development manager to accelerate the growth of this rural development trust to initiate and sustain a successful community enterprise.

London Youth Support Trust Towards the centre manager salary costs over three years to help set up a Business Incubation Centre for disadvantaged young people in the London Borough of Haringey.

Family Rights Group 64,925 Towards the salary of the policy officer and evaluation and running costs of a pilot self-sustaining accreditation scheme for Family Group Conference, over 18 months.

Lyme Regis Development Trust Ltd 98,000 Towards chief executive salary costs over three years which will give the trust the capacity it needs to work to increase the level of self-generated income, create a strategy for sustainability and consolidate existing operations.

28 Esmée Fairbairn Foundation Annual Report & Accounts 2007

92,000

Grants approved upto £20,000 Organisation

Amount (£)

Lynemouth Community Trust 90,000 Towards the costs over three years of the Northumberland Chocolate Company to enable it to grow into a successful community enterprise.

MIND - Head Office 95,250 Towards a retail training and employment programme over two years to train 100 mental health service users in a nationally recognised retail qualification to enable them to gain paid employment.

Money Advice Trust 66,000 Towards consultancy, design and evaluation fees over 14 months for a new website to promote better understanding of issues relating to debt, credit and financial capability.

Moneyline Yorkshire 70,707 Towards the salaries of the chief executive and the loans officer and a contribution towards the loan capital over fifteen months to provide loans to those on low income in Sheffield as part of a wider strategy to tackle financial exclusion.

Newhaven Community Development Association 48,710 Towards a community development worker salary over three years to help parents and children to improve social and emotional development, health and learning, while increasing the organisation’s level of self-generated income.

North Pennines Heritage Trust 90,000 Towards development officer and business manager salaries over three years to accelerate the growth of this rural development trust to initiate or sustain a successful community enterprise.

Olmec 96,355 Towards the salary over three years of a co-ordinator and the fees for an evaluation of a project that will improve the employability of 660 individuals experiencing disadvantage in the labour market by developing direct opportunities with employers, training providers and support agencies.

Revolving Doors Agency 180,000 Towards the salaries over three years of the head of partnerships and the project development manager to establish a national network of support agencies that enable people caught in the cycle of crisis, crime and mental illness to transform their lives.

Rockingham Forest Trust 90,182 Towards the salaries of the CEO and the new business development officer over three years to accelerate the growth of this rural development trust.

Royal Mencap Society 60,990 Towards the costs of providing the support to parents with a learning disability during pregnancy and throughout their parenting role, particularly to those involved in child protection proceedings.

Sheerness United Reform Church 40,000 Towards the salary of a café and catering manager over two years to provide training, skills development and work experience leading to recognised qualifications for 24 adults with learning difficulties each year.

Skill: National Bureau for Students with Disabilities 54,500 Towards the additional costs involved in increasing the in-house consultancy team to undertake more fee-generating contract work and thereby improving the charity’s financial sustainability.

Speaking Up 99,806 Towards the salary and costs over three years of the business manager to enable Speaking Up to disseminate good practice through publications, consultancy and training, which will also increase financial sustainability.

Stars in the Sky Ltd 64,839 Towards the salary and costs of a development worker over two years to take forward expansion plans associated with increased self sustainability.

Portobello Business Centre 96,000 Towards the salary and costs over two years of the outreach champion and towards the core costs of a programme to empower economically disadvantaged participants to learn the skills necessary to set up in business or find employment.

Start-Up Online 131,550 Towards the salary and costs over three years of a client support manager along with office costs to help 380 ex-offenders become successfully self-employed by providing one-to-one support for clients from their time in prison until their businesses are successfully operating.

Preston Moneyline (IPS) Ltd 60,000 Towards the business lending officer salary over three years to encourage business start ups and regeneration by the continued provision of business loans and advice focused on the poorest wards of the city.

STEP Development Trust 80,813 Towards the general manager ‘s salary and costs over three years to accelerate the development of The Venue or multi purpose community and entertainment facility.

Refugee Resource 65,146 Towards the salary and costs of a part-time employment advisor and running costs over two years to facilitate access to employment and training opportunities for refugees and asylum seekers with a focus on underemployed refugees and those with mental health problems.

The Ariel Trust 38,656 Towards the salary and costs of the development officer to consolidate existing work and develop new services for young people at risk of social exclusion.

Refugees Into Jobs 90,150 Towards the salary and costs over three years of an employment adviser to improve the training and employability skills of refugees in west London.

The Cranfield Trust 80,000 Towards the costs of expanding and developing HRNet over three years as an income generating resource and for HRNet to become self-funding and sustainable through paid subscriptions.

The Enterprise Fund Ltd 50,000 Towards a revenue shortfall to provide loan finance to start-up businesses, established businesses and social enterprises that are struggling to raise finance from banks or other mainstream lenders.

The Lenton Centre 80,000 Towards the core revenue costs of the centre during its developmental phase over two years to enable it to become a self sustaining social enterprise providing leisure and social care services.

The School for Social Entrepreneurs 75,000 Towards staffing costs over two years to run a pilot project providing business development capacity and support to the Fife and East Midlands Network Schools to enable them to replicate the successful London school strategy of selling bursary places to housing associations.

Tidworth Development Trust 90,000 Towards the salary and costs of the co-ordinator of a business enterprise park over three years; contributing to the development of small businesses and increasing the sustainability of the Trust.

Trinity Community Partnership (Clitheroe) Ltd 100,000 Towards the salary of the project development manager over three years to accelerate the growth of this rural development trust to initiate and sustain a successful community enterprise.

UNLOCK 73,345 Towards the salary of the deputy director over three years to support work to overcome financial exclusion facing prisoners, former offenders and their families.

Urachadh Uibhist 45,000 Towards the business manager salary costs over three years to create a robust social enterprise in the Western Isles.

Voice 70,000 Towards the salaries of the learning and development manager and administrator, accreditation costs and marketing materials over three years, to build capacity to enable Voice to provide self sustaining, specialist advocacy training to a greater number of people.

Wessex Reinvestment Society 100,000 Towards the salary and costs of the executive director and a contribution towards core costs over three years to provide support to social and micro enterprises through credit and business advice.

Worldwide Volunteering for Young People 99,500 Towards the recruitment costs, and salary of a sponsorship manager over two years to stimulate sponsorship based interest among commercial organisations in volunteering with young people.

YouthNet UK 50,000 Towards the cost over three years of expanding and diversifying TheSite.org’s financial information to improve the financial capability and independence of young people aged 16-24 years in the UK, with a specific focus on those who are socio-economically disadvantaged.

29

Social Change: Enterprise and Independence Grants list Grants approved upto £20,000 Organisation

Amount (£)

Acorn Christian Ministries

10,000

Living Solutions (Scotland)

16,000

Action for Market Towns

19,500

Bikeworks

20,000

Lodge Lane and District (Liverpool) Credit Union Ltd

20,000

British Association of Settlements & Social Action Centres

Moving On Employment Project

14,000

10,000

NACUW

20,000

Business Community Connections

16,818

New Beginnings (Nottingham)

16,000

Caberfeidh Horizons

5,000

Candies Cuisine

20,000

Changeworks

20,000

Charity Bank

20,000

Child Poverty Action Group

4,950

Chopsticks (North Yorkshire)

19,538

City of Sanctuary

19,630

C-MEE

20,000

Community Finance Solutions

20,000

Council for Voluntary Services North Ayrshire

10,000

Crumbs Project

15,856

DAGE

15,000

Derbyshire Coalition for Inclusive Living

19,930

EARTH

10,000

East Camp Trust

18,700

EBDC

3,000

EBDC

1,500

Ford Park Community Group Global Generation

20,000 4,996

Harrow Association of Disabled People

19,800

Holsworthy Community Property Trust

20,000

Homeless Link

20,000

Independent Asylum Commission

20,000

IP1

19,736

Joseph Rowntree Charitable Trust

2,500

Kuumba Imani Millennium Centre

20,000

Lambeth Mediation Service LEAVES

Newtownards Road Women’s Group Ltd

6,370

Nottingham West Outreach

14,938

Old Goole Industrial & Provident Society

15,000

Opening

20,000

Orchardville Society

10,000

Parents for Children

20,000

People Matters

20,000

Restorative Justice Consortium

19,170

Sign

20,000

South Shropshire Furniture Scheme 12,000 Spinal Injuries Association

10,000

Sturminster Newton Community Building Trust

18,000

The Ascension Community Trust

15,000

The Big Picture Co-operative

15,000

The Bridge Church

5,000

The Migrant & Refugee Communities Forum

19,700

The Mustard Seed

19,800

The Rutland Pink Glove Service

3,750

Trust for the Study of Adolescence

20,000

Village Companies Care Co-operative Ltd

15,000

Voluntary Sector Consortium

10,000

Woodthorpe Development Trust

18,000

YETC

18,490

Total No of Grants

600 19,000

30 Esmée Fairbairn Foundation Annual Report & Accounts 2007

5,665,086 126

TASK Grant List TASK (Trustees’ Areas of Special Knowledge) grants are made to organisations whose work is known to individual Trustees.

Organisation

Amount (£)

Faculty of Classics, University of Cambridge Forward Arts Foundation Friends of St Luke’s Church, Simonsbath

The Arkwright Society 5,000 15,000 9,185

Action Trust for the Blind

5,000

Gurkha Welfare Trust

All Saints Church, Thorpe Malsor

6,000

Heritage of London Trust

Alzheimer’s Society

6,000

Hollycombe Working Steam Museum 12,000

Amber Trust

4,000

Home-Start Perth

AMREF BNRT Brighton Museum & Art Gallery British Butterfly Conservation Society Ltd Chamber Orchestra Anglia Charleston Trust Chichester Open Art Exhibition

10,000 3,000 10,000 13,000 3,000 12,000 5,000

10,000 2,500

15,000

The Landmark Trust

15,000

Intercontinental Church Society

10,000

The Medical Foundation for the Care of Victims of Torture

5,000

The Pendyffryn Children’s Trust

3,000

Jackson’s Lane Community Centre

5,000

Kidney Research UK

15,000

Kids Company

10,000

National Schizophrenia Fellowship (Scotland)

10,000

New Sussex Opera (Productions) Ltd 2,500 OpenDemocracy

7,500

OpenDemocracy

15,000

Opera North

10,000

5,000

Coombes Church, Coombes

2,500

Parish of the Dunsforths

Cruse Bereavement Care Norwich

5,000

Policy Exchange Ltd

15,000

7,500

Prior’s Court Foundation

13,000

Dorset Child & Family Counselling Trust

Queen Victoria School

3,000

Reed’s School Foundation Appeal

2,500

3,000

Reed’s School Foundation Appeal

10,000

Dulwich Picture Gallery

13,000

East Sussex Disability Association

10,000

Edinburgh Youth Orchestra Society

8,000

Elizabeth Finn Care

2,500

Elizabeth Fitzroy Support

4,200

Emmaus Hampshire English Concert English National Opera

1,000

10,000

15,000

15,000 5,000 15,000

6,500

15,000

5,000

Donor Conception Network

5,000

Index on Censorship

20,000

Department of Experimental Psychology, University of Bristol

The Ecology Trust The Grange Centre for People with Disabilities

Chiswick House and Gardens Trust

Cumberland Lodge

15,000

The Dorset Natural History & Archaeological Society

15,000

oneworld broadcasting trust

10,000

10,000

The Cuba Studies Trust

10,000

15,000

Comann na Mara

The Country Trust

The Foundling Museum

ChildHope (UK) Clonter Farm Music Trust

5,000

Rory Peck Trust

2,000

Royal Asiatic Society

5,000

Royal Choral Society

15,000

The Poetry Society

10,000

The Prince’s Foundation for Children & the Arts

5,000

The Public Catalogue Foundation

5,000

The Rosemary Foundation

3,000

The Roundhouse Trust

20,000

The Royal Horticultural Society

15,000

The Social Market Foundation

5,000

The Tick Tock Club The Tunnell Trust The Wilton’s Music Hall Trust

4,000 10,000 6,000

The Worshipful Company of Pewterers

15,000

Theberton Parish Church

2,500

Topolski Memoir

10,000

Unicorn Theatre for Children

5,000

Voce Chamber Choir

5,000

8,000

Welsh Youth Classical Music Foundation

8,000

SANE

10,000

Winsford Village Hall

1,000

Scotland’s Churches Scheme

10,000

Winston’s Wish

5,000

Samuel Pepys Award Trust

Second Chance

5,000

SSAFA Forces Help

1,000

St Luke’s Church, Simonsbath

Evelina Children’s Hospital School

1,800

St Michael and All Angels Church, Cheriton

Exford Parish Memorial Hall

4,815

Streetwise Opera

Exford Youth Club

15,000

Suffolk School for Parents

Exford Youth Project

15,000

Tel Aviv University Trust

Total No of Grants

813,450 98

15,000 2,750 5,000 10,000 3,200

31

Development fund and Cross-programme Grants list

Development Fund Organisation

Cross-programme Amount (£)

Bright (Voluntary Sector Communications) 72,932 Towards core costs and director’s salary over three years to work on the ‘Star Wards’ project, which aims to improve the daily experiences and treatment outcomes of acute inpatients.

Care Leavers’ Association 120,000 Towards the salary of a national development worker and a contribution towards administrative, office, travel, training and volunteer costs over three years to improve the quality of life and outcomes for care leavers in the UK. Centre for Economic Performance, LSE 234,000 Towards the support of the Wellbeing Programme over three years, which aims to alter how people think about public policy and wellbeing.

Global Action Plan 125,000 Towards strengthening their balance sheet under the financial sustainability pilot.

Golden-Oldies 40,000 Towards core costs over three years to get people from 70 years and upwards out from residential homes in the South West, smiling and making music together.

New Economics Foundation 20,000 Towards the salary of an external consultant to guide the business planning process and to provide a detailed business plan in connection with the larger request under the financial sustainability pilot.

Scarman Trust 19,500 Towards a commission and report on how best to use unclaimed assets for the benefit of communities across the UK.

Organisation

Fight For Peace 240,000 Towards the salary and running costs over three years of the centre in the London Borough of Newham to support the inclusion of disadvantaged young people in sports, education, job training, youth leadership and peace programmes as alternatives to crime and violence.

Funded jointly by Education and Social Change: Enterprise and Independence.

Public Service Broadcasting Trust 100,000 Towards the salaries of the chief executive and executive assistant over two years to enable the trust to extend existing projects and develop new ones while generating further income. Funded jointly by Education and Social Change: Enterprise and Independence.

The Poetry Archive 210,000 Towards core costs and the expansion of the education and recording programmes. Funded jointly by Arts & Heritage and Education.

WebPlay 71,775 Towards the salary of the business development manager over two years to increase access to the arts and technology for 7,500 primary school children, including those from disadvantaged groups, to raise their academic achievement and personal development, while generating income.

Funded jointly by Education and Social Change: Enterprise and Independence.

Total No of Grants

Speakers’ Corner Trust 20,000 Towards project costs to support the establishment of speakers’ corners across the UK. Tallberg Foundation 20,000 Towards contributing to discussions on sustainable food at the Tallberg Forum.

Total No of Grants

Amount (£)

671,432 9

32 Esmée Fairbairn Foundation Annual Report & Accounts 2007

621,775 4

Financial Review

33

Financial review

The Foundation committed £25.2 million before returned grants (2006: £27.4 million) in new grants during 2007, which represented an 8% reduction in grant-making spend. This reflected a 10% fall in applications received during the year, a continuation in the trend experienced from 2006. It was also a year of transition in our approach to grant-making and, as a consequence, some of the funds put aside for development activity will be spent in 2008. Grants were made to 617 organisations (2006: 581).

Grants reported in the Statement of Financial Activities include funds returned from cancelled and returned grants.

Costs in support of the Foundation’s grant-making activities fell by 4% to £1.7 million (2006: £1.8 million) resulting from reduced staffing and overhead costs.

Governance costs were up due to higher audit fees arising from the appointment of KPMG. The cost of generating funds comprised investment management, custody, advisory and other due diligence and administration costs. The total of these costs was £3.9 million for the year.

The Foundation also had £1.2 million in programme related investments at the end of 2007 (2006: £1.1 million) in the form of loans to charitable organisations.

Risk assessment Esmée Fairbairn Foundation operates documented lines of authority and delegation, which are reviewed regularly by its Audit Committee and Board of Trustees. The Foundation also has segregation of duties in regard to governance, management, grantmaking, finance and investment. Procedures are in place for documenting decisions, actions and issues.

The Foundation’s strategic plan and budget are approved by Trustees and the Board regularly reviews actual results against budgets and forecasts.

The risk management process includes reviews by Trustees, senior management and other staff. The process identifies the types of risks the Foundation faces, likelihood of occurrence, potential impact, risk management and ways to mitigate these risks.

The Foundation’s investment activities expose it to the main financial risk which it mitigates through annual review of investment policy, management of asset allocation by the Investment Committee, quarterly independent and monthly internal performance reporting, market and manager reviews and the support of investment advisers Cambridge Associates and auditors KPMG. The review of risk management is part of the role of the Audit Committee. The Board reviews the Foundation’s position on internal controls and its compliance with relevant statutory and finance regulations.

Reserves All of the Foundation’s funds are unrestricted and in the Statement of Financial Activities a single unrestricted fund presentation has been used.

The Foundation sets charitable expenditure budgets.

These take into account its aim to generate a sustainable level of income equivalent to 4% of the three-year rolling average market value of investments.

34 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Investment review

The total return on investments in the year was 5.7% (2006: 14.8%). The market value of investments rose by 2% to £956.8 million (2006: £936.4 million). The income yield on investments was 3.7% (2006: 4.3%).

During the second half of the year, in response to volatile and uncertain equity markets, the proportion of equities held in the portfolio was reduced and the level of cash increased in order to place the portfolio in a more defensive state. The asset allocation at 31 December 2007 comprised:

Equities Fixed Income Private Equity/Venture Capital Hedge Funds Property Cash

2007 %

2006 %

48 6 3 14 12 17

64 2 2 13 11 8

The total market value of investments at the end of 2007 is detailed in note 9 to the accounts. It consisted of £927.1 million fixed asset investments (2006: £877.7 million), £25.0 million current asset investments (2006: £48.7 million) and £4.6 million accrued investment income (2006: £10.0 million).

The Foundation’s portfolio comprised 50 separate pooled vehicles such as unit trust, hedge fund and partnership holdings which made up 55% of the portfolio value in 2007 (2006: 42%). The remainder comprised 45% as segregated portfolios (2006: 58%).

Investment policy The Foundation’s long-term aim is to maintain the real value of its investment capital whilst providing a stable and sustainable level of real income to support the Foundation’s activities.

The Foundation’s asset allocation policy is influenced by the objective of generating income of at least 4% of rolling market value.

The Board has given the Investment Committee the task of guiding investment policy, overseeing policy implementation, managing asset allocation, monitoring performance and reporting regularly to trustees. The Committee from January 2008 comprises four Trustees and two co-opted members, and is advised by Cambridge Associates Limited.

The Foundation’s policy is that all investments are externally managed by investment managers appointed by the Committee. The Foundation has placed segregated investments under the safe custody of State Street Bank and Trust Company. Investment monitoring is achieved through custody reporting, independent quarterly performance reports and regular manager review meetings. Diversification is by asset class, investment manager and investment style.

Currency hedging facilities are used as appropriate.

The Foundation’s segregated equity portfolios do not invest in companies that derive their main sources of revenue from tobacco-related products.

35

Governance

Charitable Scheme The operation of Esmée Fairbairn Foundation is governed by a Charity Commissioners’ Scheme, dated 14 January 2002, which enables the assets to be applied by the Trustees at their discretion for general charitable purposes. The scheme supersedes the original Trust Deed made on 20 January 1961 and a Charity Commission order granted on 20 January 2000 giving Trustees investment delegating powers.

The Foundation is a charity registered in England and Wales, No. 200051.

The Esmée Fairbairn Foundation exists and operates for the public benefit. Through its grant-making programmes it improves the lives of people throughout the UK. In determining its grant-making strategies, and in the administration of the Foundation generally, the trustees have paid due regard to the guidance published by the Charity Commission under section 4 of the Charities Act 2006.

The Foundation’s Trustees are listed on page 49 of this report. The Trustee Board meets quarterly to oversee the delivery of the Foundation’s overall strategy. A number of Trustee committees support the work of the Foundation. The current membership of each of these can be found on page 49.

Audit Committee The Audit Committee reviews and recommends systems of internal control on financial, governance and operational risks. It also reviews the draft annual report and accounts, meets with the Foundation’s external auditors and reports to the Board.

Finance and Administration Committee The Finance and Administration Committee reviews and recommends to the Board annual budgets, annual accounts, staff remuneration and benefits, and human resources policies and procedures.

It also oversees major property, ICT, governance and other projects.

36 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Nominations Committee An ad-hoc Nominations Committee meets to make recommendations to the Board on the appointment of new Trustees.

Investment Committee The Investment Committee formulates investment policy, oversees its implementation, manages overall asset allocation, monitors investment performance and reports to the Board.

Funding decisions From January 2008, all Trustees are members of the Foundation’s Main Fund Committee that takes decisions on all Main Fund grants above £75,000.

An Executive Grants Committee, led by the Chief Executive, takes decisions on grants up to £75,000.

The Trustee Board allocates budget and delegates decision-making on the Foundation’s funding strands to strand panels. The panels are made up of Esmée Fairbairn Trustees and external experts. They report to the Board quarterly.

Trustees’ responsibilities statement

Under the Scheme rules of the charity and charity law, the trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations.

The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period.

Disclosure of information to auditors The Trustees who held office at the date of approval of this Trustees’ report confirm that, so far as they are each aware, there is no relevant audit information of which the charity’s auditors are unaware; and each Trustee has taken all the steps that he ought to have taken as a Trustee to make himself aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

In preparing these financial statements, generally accepted accounting practice entails that the Trustees: • select suitable accounting policies and then apply them consistently; • make judgements and estimates that are reasonable and prudent; • state whether applicable UK Accounting Standards and the Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statements; • state whether the financial statements comply with the trust deed, subject to any material departures disclosed and explained in the financial statements; and • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

Tom Chandos Chairman 20 March 2008

The Trustees are required to act in accordance with the trust deed of the charity, within the framework of trust law. They are responsible for keeping proper accounting records, sufficient to disclose at any time, with reasonable accuracy, the financial position of the charity at that time, and to enable the Trustees to ensure that, where any statements of accounts are prepared by them under section 42(1) of the Charities Act 1993, those statements of accounts comply with the requirements of regulations under that provision.

They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

37

Independent auditors’ report to the Trustees of the Esmée Fairbairn Foundation

We have audited the financial statements of Esmée Fairbairn Foundation for the year ended 31 December 2007 which comprise the Statement of Financial Activities, the Balance Sheet and the Cash Flow Statement and the related notes. These financial statements have been prepared under the accounting policies set out therein.

We read the other information contained in the Annual Report and consider whether it is consistent with the audited financial statements. We consider the implications for our report if we become aware of any apparent misstatements or material inconsistencies with the financial statements. Our responsibilities do not extend to any other information.

This report is made solely to the charity’s Trustees as a body, in accordance with section 43 of the Charities Act 1993 and regulations made under section 44 of that Act. Our audit work has been undertaken so that we might state to the charity’s Trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Basis of audit opinion We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgments made by the Trustees in the preparation of the financial statements, and of whether the accounting policies are appropriate to the charity’s circumstances, consistently applied and adequately disclosed.

Respective responsibilities of Trustees and auditors The Trustees’ responsibilities for the preparation of the financial statements in accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Practice) are set out in the Statement of Trustees’ Responsibilities on page 37.

We have been appointed as auditors under section 43 of the Charities Act 1993 and report in accordance with regulations made under section 44 of that Act. Our responsibility is to audit the financial statements in accordance with relevant legal and regulatory requirements and International Standards on Auditing (UK and Ireland).

We report to you our opinion as to whether the financial statements give a true and fair view and are properly prepared in accordance with the Charities Act 1993. We also report to you if, in our opinion, the Trustees’ Annual Report is not consistent with the financial statements, if the charity has not kept proper accounting records, or if we have not received all the information and explanations we require for our audit.

We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.

Opinion In our opinion the financial statements: • give a true and fair view, in accordance with UK Generally Accepted Accounting Practice, of the state of the charity’s affairs as at 31 December 2007 and of its incoming resources and application of resources for the year then ended; and • have been properly prepared in accordance with the Charities Act 1993.

KPMG LLP Chartered Accountants Registered Auditor 1 Forest Gate Brighton Road Crawley West Sussex 20 March 2008 38 Esmée Fairbairn Foundation Annual Report & Accounts 2007

Statement of Financial Activities 12 months ended 31 December 2007

Notes

Total Funds 2007 £’000

Total Funds 2006 £’000

35,631 223 126 35,980

36,000 218 733 36,951

Income and Expenditure Incoming Resources Investment Income Interest Other Incoming Resources

2 2 2

Resources Expended Cost of Generating Funds 3 Charitable Expenditure Grants 4 Support Costs 5 Governance Costs 6

(3,871)

(9,134)

(23,272) (1,731) (225) (29,099)

(27,359) (1,795) (147) (38,435)

Net Outgoing/Incoming Resources 9 Gains on Investment Assets

6,881 13,934

(1,484) 92,802

Net Movement in Funds for the Year Balance at 1 January 2007

20,815 916,939

91,318 825,621

Balance at 31 December 2007

937,754

916,939

14

The notes on pages 42 to 47 form part of these accounts.

The Foundation has no recognised gains or losses other than the net movement in funds for the year.

The net incoming resources and resulting net movement in funds in each of the financial years are from continuing operations.

39

Balance Sheet At 31 December 2007

Notes

2007 £’000

2006 £’000

Fixed Assets Tangible Assets 8 Investments 9 10 Programme Related Investments

7,622 927,119 1,242 935,983

7,691 877,704 1,109 886,504

Current Assets Debtors 11 Investments 9 Cash at Bank

12 Creditors: Amounts falling due within one year

4,808 25,000 3,421 33,229

10,085 48,655 6,087 64,827

(27,561)

(28,812)

Net Current Assets

5,668

36,015

941,651

922,519

13

(3,897)

14

937,754

Total Assets less Current Liabilities Creditors: Amounts falling due after one year

Net Assets Representing Unrestricted Funds

The notes on pages 42 to 47 form part of these accounts .

The accounts were approved by the Trustees on 20 March 2008, and signed on their behalf by:

Tom Chandos Chairman

40 Esmée Fairbairn Foundation Annual Report & Accounts 2007

(5,580) 916,939

Cash Flow Statement Year to 31 December 2007

Notes

2007 £’000

2006 £’000

Operating Activities Investment Income Received Other Income Received 2 Grants paid Other Expenditure Paid

41,022 349 (26,004) (5,980)

36,487 951 (26,093) (11,278)

Net Cash Inflow / (Outflow) from Operating Activities

9,387

67

9 9 8 10 10

720,502 (755,983) (47) 86 (219)

1,004,597 (997,945) (68) 53 (215)

Net Cash (Outflow) / Inflow from Investments

(35,661)

Investments and Capital Expenditure Cash Inflow from Sale of Investments Cash Outflow from Purchase of Investments Cash Outflow from Tangible Assets Cash Inflow from Programme Related Investments Cash Outflow from Programme Related Investments

6,422

(26,274) 6,489 Net (Decrease) / Increase in Cash and Cash equivalents

Analysis of Change in Cash Cash Balance at 1 January 2007 54,810 48,487 Net Cash Inflow (26,274) 6,489

Cash Balance at 31 December 2007

28,536

54,976

Net Incoming / (Outgoing) Resources Depreciation 8 (Increase) / Decrease in Investments 9 Increase in Programme Related Investments 10 Decrease in Debtors 11 Decrease in Creditors due within one year 12 (Decrease) / Increase in Creditors due after one year 13

6,881 116 (35,482) (133) 5,278 (1,251) (1,683)

(1,484) 121 6,834 (162) 544 (685) 1,311

Net Cash Inflow from Operating Activities

(26,274)

6,489

Reconciliation of Net Incoming/(Outgoing) Resources to Net Cash Inflow from Operating Activities

41

Notes to the accounts 1. Basis of Accounting and Accounting Policies Basis of accounting The accounts have been prepared under the historical cost convention, modified by the revaluation of investments, and in accordance with the Charities Act 1993, Statement of Recommended Practice (‘Accounting and Reporting

by Charities’ revised 2005) and applicable standards.

A description of the nature and purpose of the Foundation is set out on pages 19 and 36. The Trustees consider all the funds to be unrestricted.

Investments Listed and marketable unlisted Investment assets are included at market value at the Balance Sheet date as described in note 9. Unlisted non-marketable investment assets are included at fair value. Realised and unrealised gains and losses on investments are included in the Statement of Financial Activities.

Programme related investments are included at cost less provisions.

Incoming resources Investment income and bank deposit interest are accounted for on an accruals basis.

Resources expended All expenditure is accounted for on an accruals basis.

Cost of generating funds includes investment management and custody fees and a proportion of shared and indirect costs. This includes management and custody fees charged to capital.

Direct charitable expenditure consists of direct, shared and indirect costs associated with the main activities of the Foundation. This includes approved grants and support costs.

Governance costs include external audit, legal advice on governance matters, Trustees’ expenses and an apportionment of shared and indirect costs.

Shared and indirect costs are apportioned on the basis of the number of full-time equivalent staff.

Leasing and hire purchase Assets obtained under finance leases are capitalised as tangible fixed assets and depreciated over their useful lives.

Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the Foundation.

Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payments is charged to the Statement of Financial Activities over the period of the lease.

2. Income

Investment Income

2007 £’000

2006 £’000

Equity Investments 22,410 24,587 Fixed Interest Investments 8,344 4,515 Property Investment 4,877 3,292 Unquoted Investments

3,606

35,631 36,000 Alternative portfolios income for 2006 represented an internal allocation. There has been a change of approach and therefore no allocation for 2007 as all returns on the alternative portfolio are included in “Gains on Investment Assets”.

Interest comprises bank interest and interest received from programme related investments.

Other Income

2007 £’000

2006 £’000

Cancelled Grants - 701 Returned Grants - 14 Service Charge 18 3 Programme Related Investment Income 53 15 Grants Received 55

126 733

Cancelled Grants and Returned Grants in 2007 have been reclassified from income to grant expenditure and are disclosed in note 4.

3. Cost of Generating Funds

2007 £’000

2006 £’000

Grants are accounted for in the year in which they are approved, irrespective of the period covered by the grants.

Grants awarded but not yet paid are recorded as grant commitments in the balance sheet.

Staff Costs Office, Premises and ICT Legal and Professional Investment Management

88 38 263 3,482

85 34 123 8,892

Tangible fixed assets and depreciation Freehold property is used by the Foundation and is included in the balance sheet at cost. The building element of freehold property is depreciated on a straight line basis of 2% per annum. Freehold land is not depreciated. Office equipment is depreciated between 33% and 20% per annum.

3,871

9,134

42 Esmée Fairbairn Foundation Annual Report & Accounts 2007

The investment management charge for 2006 included an allocation of £4.2 million from “Gains on Investment Assets” relating to investment management fees incurred within the Foundation’s pooled and partnership investment funds. This allocation approach has not been adopted for 2007.

Staff costs and office, premises and IT costs are apportioned on the basis of the number of full-time equivalent staff allocated to each activity. All other support costs are allocated directly to the respective activity.

4. Grants

Arts & Heritage Education Environment £’000 £’000 £’000

Social Change £’000

Other Activities £’000

2007 £’000

2006 £’000

Grants Programme Grants Grants Plus TASK Grants Strategic Initiatives

5,574 28 356 -

Total Grants Cancelled and Returned Grants

5,306 182 114 -

6,539 64 46 -

5,866 88 298 -

671 76 - -

23,956 438 814 -

5,958

5,602

6,649

6,252

747

25,208

(133)

-

(348)

(303)

(1,152)

Total for 2007

5,825

5,254

6,346

5,100

747

23,272

Total 2006

5,855

6,145

6,026

8,204

(1,936)

1,129

25,830 49 860 620

27,359 -

27,359

All grants are made to organisations. Grants approved in 2007 are listed in the annual report accompanying these accounts. Grants Plus is the cost of adding value over and above the grants we make in appropriate cases, such as organisational development, research and evaluation.

Other activities comprise grants under the Development Fund.

5. Support Costs

Arts & Heritage Education Environment £’000 £’000 £’000

2006 £’000

464 196 13

1,175 497 59

1,225 494 76

278 118 4

Total for 2007

400

374

284

673

Total for 2006

406

408

349

632

184 78 22

2007 £’000

Staff Costs

Office, Premises and ICT Consultants and Advisers

249 105 20

Social Change £’000

1,731 -

1,795 1,795

Staff costs and office, premises and IT costs are apportioned on the basis of the number of full-time equivalent staff allocated to each activity. All other support costs are allocated directly to the respective activity.

43

Notes to the accounts 6. Governance Costs

Staff Costs Office, Premises and IT Consultants and Advisers Trustees’ Expenses Auditors Remuneration Legal and Professional

2007 £’000

2006 £’000

81 57 4 24 49 10

78 35 3 18 13 -

225

147

Trustees’ Expenses for travel and subsistence totalling £23,552 (2006: £18,023) were reimbursed to 11 Trustees (2006: 11 Trustees).

Staff costs and office, premises and IT costs are apportioned on the basis of the number of full-time equivalent staff allocated to each activity. All other support costs are allocated directly to the relevant activity.

7. Staff Costs

Salaries NI Contributions Pension Contributions Other Benefits Temporary Staff Other Costs

2007 £’000

2006 £’000

994 111 125 42 - 72

1,037 115 151 50 14 21

1,344

1,388

Other Costs include recruitment, expenses and staff development costs.

Average number of employees during the year calculated on a full-time basis

Investment Management Arts & Heritage Programme Education Programme Environment Programme Social Change Programme Governance costs

2007

2006

2 5 5 4 8 1

1 5 5 5 8 1

25

25

The Foundation operates a Norwich Union Grouped Personal Pension Plan and makes employer contributions of 12.5%.

During 2007, 3 employees received remuneration of more than £60,000 in the year (2006: 2):

£60,001 - £70,000 £70,001 - £80,000 £80,001 - £90,000

2007

2 - 1

2006

1 - 1

All 3 employees paid over £60,000 had contributions accruing under a defined contribution pension scheme.

44 Esmée Fairbairn Foundation Annual Report & Accounts 2007

8. Tangible Assets

Cost At 1 January 2007 Additions in Year to 31 December 2007

Accumulated Depreciation At 1 January 2007 In Year to 31 December 2007 Depreciation on disposals

At 31 December 2007

Freehold Property £’000

Office Equipment £’000

Total £’000

8,047 -

217 47

8,264 47

8,047

264

8,311

459 66

114 50

573 116

525

164

689

Net Book Value At 31 December 2007 7,522 100 7,622 At 1 January 2007 7,588 103 7,691

T he building element of freehold property is depreciated on a straight line basis of 2% per annum.

Freehold land is not depreciated. Office equipment is depreciated at 33% or 20% per annum.

The net book value of assets held under finance leases is £32,459 (2006:£20,421) and the depreciation charged is £14,189 (2006:£13,035).

9. Investments

Equity Portfolios Fixed Interest Portfolios Alternatives Portfolios Property Portfolios

Market Value Sale Investment 01.01.07 Purchases Proceeds Gain/(Loss) £’000 £’000 £’000 £’000

594,505 59,708 121,653 101,838

396,156 305,323 31,757 22,747

877,704

755,983

(545,511) (167,049) (7,942) 0 (720,502)

Market Value

31.12.07 £’000

15,653 (8,521) 12,498 (5,696)

460,803 189,461 157,966 118,889

13,934

927,119

Alternatives comprise unlisted hedge funds and venture capital investments.

Investments are reported as net of fees and charges.

In addition to Fixed Assets Investments shown in the Balance Sheet, investments shown in Current Assets and Accrued income shown in Debtors in note 11 are part of investments managed by the Foundation’s Investment Committee.

Total assets, cash and accrued income under investment at 31 December 2007 were:

Market Value 01.01.07 £’000

Market Value 31.12.07 £’000

Fixed Asset Investments 877,704 Current Asset Investments 48,655 Accrued Investment Income 10,040

936,399

927,119 25,000 4,650 956,769

45

Notes to the accounts 9. Investments continued

Overseas Overseas Overseas

UK Listed UK Unlisted UK Pooled UK Cash Listed Pooled Partnership Equity Portfolios Market Value 31.12.07 £’000 327,423 - - 9,143 - 121,441 2,796 Market Value 01.01.07 £’000 458,864 - - - - 135,641 -

Fixed Interest Portfolios Market Value 31.12.07 £’000 - - - 129,418 19,174 40,869 - Market Value 01.01.07 £’000 - - - 19,367 18,889 21,452 -

Alternatives Portfolios Market Value 31.12.07 £’000 - 10,400 2,582 - - 133,427 11,557 Market Value 01.01.07 £’000 - 10,150 2,500 - - 104,686 4,317

Property Portfolios Market Value 31.12.07 £’000 - - 77,561 - - 41,328 - Market Value 01.01.07 £’000 - - 85,456 - - 16,382 -

Total 460,803 594,505 189,461 59,708 157,966 121,653 118,889 101,838

The Foundation’s investments were managed by the following investment managers during the year:

Banquo Credit Management LLP Morley Fund Management Ltd Dalton Strategic Partnership LLP Newton Investment Management Ltd FF&P Private Equity Ltd Sloane Robinson LLP Grosvenor Investment Management Ltd Wellington Management Company LLP Grantham, Mayo, Van Otterloo & Co LLC State Street Global Asset Management M&G Securities Ltd

In addition to the managers above, the Foundation had a portfolio of 24 hedge funds and commitments to 18 venture capital and private equity partnerships. Both programmes were managed by Cambridge Associates on an advisory basis.

Commitments totalling £45million had been entered into with 17 private equity and venture capital limited partnership funds. This has not been included in the Foundation’s Balance Sheet.

One unlisted non-marketable investment was made through a subsidiary undertaking, EF Investments.

The results of this subsidiary Company has not been consolidated as the Company’s results were not material to the Group.

EF Investments is an unlimited company and is a wholly owned subsidiary of the Esmée Fairbairn Foundation.

State Street Bank and Trust Company acted as global custodian to the Foundation’s segregated portfolios.

10. Programme Related Investments

Charitable loans

Balance at 01.01.07 Additions Repayments Gain/(Loss) £’000 £’000 £’000 £’000

1,109

219

(86)

The Foundation has provided funding to ten organisations (2006: 7). In view of the immateriality of these investments at 31 December 2007, further details of individual loans have not been disclosed.

11. Debtors

Prepayments Accrued Dividend Income Accrued Fixed Interest Income Accrued Property Income Accrued Alternative Income Other Debtors

2007 £’000

2006 £’000

153 1,715 2,145 789 0 6

30 2,155 531 328 7,026 15

4,808

10,085

Following a change in approach, the Foundation has not allocated accrued alternative income in 2007.

It is reflected in the alternative investment valuation as shown in note 9.

46 Esmée Fairbairn Foundation Annual Report & Accounts 2007

-

Balance at 31.12.07 £’000

1,242

12. Creditors: Amounts falling due within one year

Balance 01.01.07 Utilised Additions Transfers £’000 £’000 £’000 £’000

Balance 31.12.07 £’000

Grant Commitments Accruals Trade and Other Creditors Commitments Due Under Finance Leases

26,792 2,007 - 13

(27,686) (2,007) - (13)

21,197 1,525 138 22

5,573 - - -

25,876 1,525 138 22

28,812

(29,706)

22,882

5,573

27,561

13. Creditors: Amounts falling due after one year

Grant Commitments Commitments Due Under Finance Leases

Balance 01.01.07 Additions Transfers £’000 £’000 £’000

Balance 31.12.07 £’000

5,573 7

3,870 20

(5,573) -

3,870 27

5,580

3,890

(5,573)

3,897

Balance 01.01.07 Incoming Outgoing

Investment Gain/(Loss)

Balance 31.12.07

Grant Commitments comprise grant payments due for 2009 and beyond.

14. Cash and Cash equivalents

Balance £’000

Cash at Bank Short term investments

3,421 25,000

15. Reserves

Unrestricted Funds

28,421

£’000

£’000

£’000

£’000

£’000

916,939

35,980

(29,099)

13,934

937,754

16. Related Party Transactions Material transactions where Trustees, staff, advisers or their immediate family had a connection with a transacting party organisations are listed below. The Foundation’s policy is for related parties (Trustees, staff or advisers) to declare their interest and exempt themselves from all relevant discussions and decisions relating to the respective transacting party.

Transacting recipient £’000

Grants Clean Break Theatre Company 150

University of Plymouth 143

IPPR 86 The Cuba Studies Trust 15 Investment Managers Grosvenor Investment Management Ltd 80,042

Charifund (M&G Securities Ltd) 81,768

Dalton Strategic Partnership LLP 22,842

Esmée Fairbairn (EF) relationship between the parties

Sharon Shea (EF Grants Manager), trustee of Clean Break Theatre Company Professor Stephen Hawkins (EF Adviser); employed by University of Plymouth Jeremy Hardie (EF Trustee); council member of IPPR William Sieghart (EF Trustee); trustee of The Cuba Studies Trust

Rod Kent (EF Trustee & Investment Committee member); Grosvenor Group, Chairman of Britain & Ireland Tom Chandos (EF Trustee & Investment Committee member); director of Charities Investment Managers Ltd, Charifund Administrator Rupert Caldecotte (EF Investment Committee member); partner in the Dalton Strategic Partnership

47

A living memorial

In 1961 Ian Fairbairn, a leading City figure, decided to endow a charitable foundation with the bulk of his holdings in the company he had joined some 30 years before, M&G. M&G was a pioneer of the unit trust industry in the UK. It grew out of Ian Fairbairn’s determination that investments in equities, previously the preserve of the affluent, should be available to all - giving everyone the potential to own a stake in the nation’s economy.

His purpose in establishing the Foundation was two-fold. In the interests of wider prosperity, he aimed to promote a greater understanding of economic and financial issues through education. He also wanted to establish a memorial to his wife, Esmée, who had played a prominent role in developing the Women’s Royal Voluntary Service and the Citizens Advice Bureaux. She was killed in an air raid during the Second World War. Esmée Fairbairn’s sons, Paul and Oliver Stobart, also contributed generously to the Foundation established in their mother’s memory.

48 Esmée Fairbairn Foundation Annual Report & Accounts 2007

In 1999 the Foundation sold its holding in M&G as part of the company’s takeover by Prudential Corporation PLC. As a result of this sale, the Foundation’s endowment grew significantly in value.

So did the size and scope of the grants it was able to make.

Today, the Esmée Fairbairn Foundation is one of the largest independent organisations of its type in the UK, supporting work in the arts and heritage, education, the environment and social change.

Its size notwithstanding, it remains true to the values of both its founder and the woman who inspired him.

Trustees, Committees, Staff and Advisers As at 20 March 2008

Trustees

Committees

Tom Chandos Chairman

Audit Committee John Fairbairn Chairman

Ashley G Down Felicity Fairbairn John S Fairbairn Jeremy Hardie James Hughes-Hallett

Tom Chandos Kate Lampard Jeremy Hardie

Kate Lampard

Finance and Administration Committee Tom Chandos Chairman

Martin Lane Fox

John Fairbairn

Baroness Linklater

Jeremy Hardie

Thomas Hughes-Hallett

Investment Committee Rod Kent Chairman and co-opted member from 1 January 2008 Tom Chandos Ashley Down John Fairbairn James Hughes-Hallett Ruper Caldecott Co-opted member

William Sieghart

Staff Dawn Austwick Chief Executive Grant-making Nicola Pollock Director of Grant-making

Advisers Legal and Financial Finance Claire Brown Finance and Investment Director Vandana Gopalji Finance Manager

KPMG LLP Auditors 1 Forest Gate Brighton Road Crawley West Sussex RH11 9PT

Annabel Durling Grants Officer

Liliana Lance Finance Officer

Alison Holdom Grants Manager

Bharat Naygandhi Finance Assistant

Berwin Leighton Paisner Solicitors Adelaide House London Bridge London EC4R 9HA

Resources James Wragg Director of Resources

Allen & Overy Solicitors One Bishops Square London E1 6AO

Hilary Hodgson Head of Education John Mulligan Grants Manager Jo Rideal Grants Manager Danyal Sattar Head of Environment Laurence Scott Grants Manager Sharon Shea Grants Manager

Gina Crane PA to the Chief Executive Tania Joseph Administrator Grant-making Laura Lines Administrator Communications and Resources Matt Mayer Administrator ICT and Facilities Tereasa Robinson Administrator Reception

Royal Bank of Scotland plc Bankers London Victoria (A) Branch 119/121 Victoria Street London SW1E 6RA Cambridge Associates Ltd Investment Adviser Cardinal Place 80 Victoria Street London SW1E 5JL State Street Bank and Trust Company Custodian One Canada Square London E14 5AF

Nikki Thompson Administrator Grant-making Swee Tsang Administrator Grant-making

49

Esmée Fairbairn Foundation 11 Park Place London SW1A 1LP T 020 7297 4700 F 020 7297 4701 E info@esmeefairbairn.org.uk www.esmeefairbairn.org.uk Registered charity 200051

Printed by Beacon Press using their pureprint® environmental print technology and 100% renewable energy. 90% of the dry waste created during production has been recycled.

The printer is registered to environmental management systems ISO 14001 (certificate number E9586) and EMAS, the Eco Management and Audit Scheme (registration number UK-S-00011). Beacon Press is a Carbon Neutral® company.

Beacon Press has been awarded the Queen’s Award for Enterprise; Sustainable Development.

Design, concept and art direction: Heat Design Copywriting: Lloyd Slater, Lang Communications