We are an independent grantmaking foundation established in the 17th century and operating exclusively in Lambeth. We fund activity that helps improve the future prospects of those on the lowest incomes. Our aim is to break cycles of deprivation and to tackle poverty by creating opportunity through education, training and employment

WALCOTFOUNDATION

C H A N G I N G L A M B E T H L I V E S

REVIEW 2012/2013 & NEWS

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History isn’t everything, we know...

We can trace our earliest records to Roger Jeston in 1622, but the 1660s and 1670s are our most important decades so far as our history is concerned. It was then that our two principal charities came into being: Walcot and Hayle’s.

We take our name from Edmund Walcot, a successful haberdasher who in his Will of 1667 left land to generate income to be used for the relief of the Lambeth poor.

Today our work expresses this historic purpose in ways which take seriously contemporary needs...

Nearly 350 years later Mr Walcot’s generosity is still at work, along with that of our other benefactors. Our historic assets have grown over the years and now fund activity aimed at helping low-income Lambeth residents make the most of educational opportunities, gain skills and confidence and increase the likelihood of finding employment.

Over the last four years our grants have totalled more than £7 million.

WALCOTFOUNDATIONwalcotfoundation.org.uk

3At least one out of every six children in the UK lives in relative poverty (1)

In 2011/12, 2.3 million UK children (17%) lived in homes with substantially lower than averge income. This rises to 3.5 million (27%) after housing costs are paid (2)

Lambeth is placed 10th amongst London local authorities with the highest number of children and young people in poverty, and 15th in the UK.... 59.1 per cent of children and young people are living in poverty in Lambeth (3)

“Poverty does not belong in civilized society. Its proper place is in a museum. That’s where it will be” Muhammad Yunus in Banker to the Poor: micro-lending and the battle against world poverty (2003)

1 - 2, DWP

3, 4in10.org.uk

Contents

Headlines 4

Holding ‘in trust’ 5

Aims, approach 6

Grants 2012-13Larger grantsGrant examplesA credit union for LambethWalcot Apprenticeship Scheme

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13-151617

Things we are working onIn-work povertyLondon Living WageSupporting Foodbank usersHelping struggling readers

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Grantmaking priorities 19

Acknowledgements 19

Can you help us? 19

NB The term ‘NEET’ is used at various points in the text and refers to young people 16-24 who are ‘not in education, employment or training’

4 Headlinesactivity 2012-2013

• During 2012/13 our income was £2,217,000 (a 5% drop on the previous year) and we spent £2,337,000 (19% less than the previous year)

• We made 283 grants totalling £1,742,000 - 139 directly to individual grantees and 144 to projects, organisations and schools for work with our target group

• We appointed five new governors as part of our succession planning

• We concluded two major grant programmes: the Walcot Apprenticeship Scheme (£585,000) and the creation of a sustainable Credit Union for Lambeth (£567,000)

• We continued to develop our ‘added value’ grantmaking, which offers grantees free access to debt counselling, budgeting and benefits advice; employment search and careers advice; and organisational consultancy and capacity building

• We set new triennial grantmaking priorities for 2013-2016

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“As trustees of Mr Walcot’s gift – and of our other charities – we are mindful of the privilege of our role, and of the place of trust within it. Collectively we are responsible for assets which this year reached £70 million, and we are entrusted with using them to achieve our charities’ aims. In this work we are to keep in mind the needs of today’s beneficiaries and of those of the future, after we ourselves are long gone.

Those who have been familiar with our work over recent years will know that our approach is to be faithful to our historic purposes in ways which take seriously contemporary forms of poverty and social exclusion. We summarise this as offering, through our grant making, a hand up, not a hand out and as tackling poverty by creating opportunity.”

From the Governors’ Annual Report 2012/2013holding in trust, for today and tomorrow

Some of the charities now subsumed into our present day Foundation

Roger Jeston 1622Noel Caron 1623Alice Easton 1640William Hind 1655Margaret Oakley 1672Thomas Rich 1672John Scaldwell 1678Thomas Cooper 1695Jacob Vanderlin 1704Ralph Snow 1707Bryan Turberville 1718Countess of Gower 1721Hayes Fortee’s 1783Jane Wakeling 1786John Course 1786Richard Robert 1807Mary Oakley 1812Elizabeth Lambert 1814John Pickton 1821Grace Fenner 1828Mary Chapman 1831Eleanor Dodson 1847Elizabeth Edridge 1848Robert Frost 1860Harry Clapham 1948

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How we workaims and approach

We believe that employment is the best route out of poverty and the social exclusion and lost opportunities that accompany it. The strategy underpinning all our grantmaking is to help our grantees move along these key paths -

• from educational underachievement to achievement

• from unemployable to employable

• from unemployed to in-work

• from financially disadvantaged to financially self-sufficient

To support this approach -

• we actively manage our assets so as to have resources to spend on today’s beneficiaries and tomorrow’s

• we focus on what impact our grants will have broadly, this is a concern with success in education and training leading to employment

• we are fair and consistent we apply the same eligibility criteria; we do not discriminate on any basis other than income and residence

• we are keen to learn we are open to new ideas and constructive feedback, always interested in new ways of achieving our aims

• we do not stigmatise the individuals we exist to help often have good reason to feel forgotten by wider society; we aim to build on strengths our grantees already have

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Grants 2012-2013283 grants, £1,742,000

The following pages give details and some examples of our recent grants. During 2012-13 we made 283 grants: 139 directly to individuals and 144 to projects, organisations and schools to support work with our target individuals.

for details of our most recent awards visitwalcotfoundation.org.uk/showcase

2012/2013 grants £1,742,000 by category/%

0 5 10 15 20 25 30

Education - other 10%

Educational enrichment 10%

Employment advice and support 28%

Financial sustainability 4%

Promoting literacy and numeracy 18%

Other 4%

Parental engagement in child’s education 5%

Tackling pupil disengagement from school 7%

Education - development of soft skills 6%

Employment - grants to individuals 8%

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• 198 Contemporary Arts and Learning Apprenticeship Project £12,000

• ADP Consultancy Walcot Organisational Capacity Building Project £61,000

• Successor to the Archbishop Michael Ramsey School AMR Scheme: work to benefit pupils from low income homes £12,000

• Body And Soul Charity Teen Spirit’s Lambeth Residents £11,000

• Brixton Learning Collaborative Community Partnership Manager salary £23,000

• Centre 70 Advice Centre Walcot Advice Support Worker project £58,000

• Chance UK Youth Mentoring £32,000

• Clapham And Lark Hall Collaborative Salary of a Reading Recovery Teacher £24,000

• Community Children’s Service (Lambeth Council) Family learning Champions Project £44,000

• Eaves Housing for Women Education and Employment Coordinator £30,000

• Educational Lanes Trust Saturday activity group for young children and carers £10,000

• Fenstanton Primary School Reading Recovery teacher £10,000

• Fresh Visions People Limited Motiv8 Youth Unemployment Project £35,000

• Healthy Minds Peer Mediation and Circle Time Project £29,000

Larger grants 2012-13Latest grants can be found at walcotfoundation.org.uk/showcase

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• High Trees Community Development Trust Youth Employment Support Service £20,000

• Home-Start Lambeth Start-Right Project £19,000

• In Harmony Sistema England In Harmony Lambeth £15,000

• IndoAmerican Refugee and Migrant Organisation (IRMO) English for Work Project £20,000

• Ingeus Walcot Careers Advice Project £71,000

• Kings Avenue Primary School Salary Reading Recovery Teacher £11,000

• Knights Youth Centre (TYLAP) Youth Worker Apprenticeship Scheme £40,000

• Lambeth Somali Community Association Employment support and welfare advice service £12,000

• Lilian Baylis Technology School Saturday School £20,000

• Little Starz Children’s Centre Volunteer Coordinator £34,000

• London Youth Positive Change Year 2 £30,000

• Music Therapy Lambeth Music Therapy Lambeth Special Schools Project £18,000

• MyBnk Financial literacy and enterprise education £20,000

• No. 1 Performing Arts (NOPA) Resident Psychotherapist £33,000

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• North Lambeth Schools Cluster Cluster Manager £11,000

• Oasis Children’s Venture Rise & Sh9 Project £20,000

• Oval Schools Cluster (Wyvil, St Andrews and Ashmole) Family Support Worker £11,000

• Parents For Inclusion Transition Inclusion Group Project £21,000

• Pegasus Opera Company Pegasus Opera Singing Academy £30,000

• Photofusion Training project at Stockwell Park High School £29,000

• Photofusion Community Outreach Officer £25,000

• SHINE @ Brixton Learning Collaborative SHINE on Saturdays programme £27,000

• Shine @ Clapham & Larkhall Collaborative SHINE on Saturdays programme £29,000

• SHINE@ Gipsy Hill Federation SHINE on Saturdays programme £23,000

• South Thames Crossroads Young Carers Project Manager £25,000

• Spires Access to Training Programme for NEETs £22,000

• Spring Board for Children Intensive Literacy Tuition £15,000

• St Martin-in-the Fields High School for Girls Programmes to benefit children from low income households £13,000

• St Michaels Fellowship To train young parents to deliver peer education £25,000

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• St Stephen’s C of E Primary School SHINE on Saturdays programme £26,000

• St Stephen’s C of E Primary School SHINE on Saturdays programme £23,000

• Stockwell Park Community Trust Ltd Employment and Financial Advice Service £40,000

• Storm Unemployment Training and Support £10,000

• Teens and Toddlers Teens and Toddlers Lambeth £15,000

• Thames Reach Housing Association Volunteering and employment programmes £17,000

• The Baytree Centre PEACH project £40,000

• The Ben Hollioake Learning Centre After School Education Scheme £20,000

• The Camden Society Transition Worker £20,000

• The Fatherhood Institute Fathers Reading Every Day (FRED) £13,000

• The Nehemiah Project Supported Housing Programme £10,000

• The Place (Lambeth Centre for Advance Training) Outreach Programme £10,000

• The St Matthew’s Project Community Scheme New Strategic Direction £40,000

• Toucan Employment Lambeth NEET project worker £11,000

• Waterloo Community Development Group Apprenticeships in Construction £40,000

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12• Windmill Schools Cluster

Community Partnership Manager salary £16,000

• Women Like Us Getting Job Ready Project £20,000

• Working With Men The Prevention and Transition Project £34,000

• Other Grants to institutions working with financially disadvantaged Lambeth residents (not otherwise listed) £107,000

• Grants directly to individuals £150,000

English for Work Project run by IMRO provides ESOL (English for Speakers of Other Languages) and employment training for Latin American immigrants

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Our aim when helping people gain further education, skills and qualifications is to support them throughout the duration of their course. At degree level this is typically three years.

Examples of our grantsGrants to individuals

� Grantee Senar E Grant £1,950 (£1,445 in 2011/12; £1,600 in 2010/11;, £1,500 in 2009/10) We first supported Senar with a grant when he was at college studying for his A-Levels. His aim was to work in the Sports and Fitness industry and he went on to gain a place on the Sport and Exercise Sciences course at Roehampton University. We have continued to support him through each year of his degree, and he is now in his final year. This year, his grant has helped him to meet his travel costs and enabled him to undertake additional accredited courses in Strength Conditioning and Personal Training. His degree and these courses will put him in a good position to apply for internships so that he can gain the experience needed to reach his goal of working in this specialist field at a professional sports club. ‘I would like to thank the Walcot Foundation for all their help, they have been an essential factor in helping me to successfully achieve my career and education goals’.

� Grantee Beverly W Grant £1,060 (£1,545 in 2011/12) Beverly had been helped by a Walcot grant in 2011/12 and successfully completed her Level 2 Diploma in Hairdressing. That year she also reached the regional finals of the Wella Xposure competition for hairdressing students and was nominated as class rep by her fellow students. This grant has supported her with her childcare, travel and other course related expenses so that she can continue on to her Level 3 diploma and reach her goal of becoming a professional hairdresser.

14 � Grantee Jacky T

Grant £1,055 The grant to Jacky funded a laptop, books and travel and helped her successfully complete a Community Water and Sanitation degree at Cranfield University. She was then able to make use of the Walcot-funded Careers Adviser at Ingeus to be coached in interview skills and CV writing and to be helped with job searching. As a result she got work with international charity GOAL and is currently working in Somalia as a Water, Sanitation and Hygiene Project Manager.

Examples of grants to projects, organisations and schoolsOur grants to projects, organisations and schools are a means of reaching the individuals who are at the heart of our charitable purposes. Within our grantmaking priorities we will consider funding virtually anything which helps low income Lambeth people change their lives by moving towards financial self-sufficiency. During the year we made 144 grants under this category. See our website for more examples.

� SHINE@St Stephens Grant £60,000 over 3 years SHINE@St Stephen’s Primary School is one of four ‘SHINE on Saturdays’ which we co-fund with The SHINE Trust. The project works with 60 underachieving pupils aged 8-11 in small classes grouped by ability from nine local primary schools. SHINE on Saturdays runs from10am-3pm for 30 Saturdays over three terms with the school employing a Project Manager, tutors and teaching assistants to deliver the programme. The project is in its third year and has achieved good results. In 2011-12, 55% of pupils progressed 2+ National Curriculum sub levels in Maths, 61% did so in reading and 48% in writing – exceeding the expectation that pupils will progress 1.5 sub levels a year. An external evaluation concluded that ‘Activities were planned effectively and there was clear evidence that the students were making progress.’

15 � Fathers Reading Every Day (FRED)/The Fatherhood Institute

Grant £25,926 over 2 years FRED aims to improve literacy levels and educational outcomes for low income children through increasing fathers’ involvement in primary school literacy. This project is a pilot to implement a four week family literacy programme in 10 schools (7 in Lambeth) based on a successful US project. It is anticipated that 350 fathers will benefit (including 127 low income fathers).

� Rise & Sh9 project at Oasis Children’s Venture Grant £60,000 over 3 years This project offers volunteering opportunities for 20 NEET (or at risk of becoming NEET) young people a year across the organisation’s adventure playground, nature garden and go-karting projects. Oasis Children’s Venture was established in 1973 when Stockwell residents transformed derelict land into an adventure playground. The grant allows the project to identify local young people at risk of becoming NEET and to give them structured opportunities to set realistic educational and employment targets while participating in a range of accredited vocational training.

� Youth Employment Support Service at High Trees Community Development Trust Grant £60,000 over 3 years Our grant funds employability skills training and one-to-one assistance to enable 60 NEET young people each year to move into further education or training, voluntary work or employment. High Trees was established by residents of the St Martins’ Estate in Tulse Hill and provides a range of services including Adult Learning, Employment Support and holiday activities for children. A programme run by High Trees and which we funded in 2011/12 exceeded its original target outcomes with 39 young people moving on to further education and training in areas including childcare, health and social care, youth work and construction (original target was 20). Another 14 moved into employment – the original target was 5 – including youth work, catering, social care and digital media consultancy.

16 A credit union for LambethResponsible banking, savings and borrowing for low income Lambeth residents; grant £567,000 (2008-2012)

This grant represented a new approach for us. In 2007/2008 we had become concerned at the way in which the poorest in our community often had to resort to door-step or High Street lenders at astronomical interest rates. We knew that many of the mainstream banks were reluctant to lend to the poorest and that credit unions had an impressive history of offering trustworthy savings and loan facilities.

In 2008 Lambeth had a small, embryonic credit union. We devised a programme of funding and support aimed at helping it grow to sustainability, part of which was the provision of full banking services. We knew that there were risks, and in the course of the project we met with difficulties. The credit union became insolvent. Our strategy became one of seeking to broker a rescue plan, in discussion with the FSA. Against the odds we achieved this, drawing in some support from Lambeth Council and identifying another credit union willing, with our funding and continued support, to expand and pick up on the Lambeth provision.

Throughout the project our aims remained the same: access to ‘fair’ banking and borrowing for those in our community – mainly the poorest – who were most in need of it; and to help people gain skill in managing their money.

Credit unions encourage people in these groups into ways of regular saving; they do so without bamboozling them and they go out of their way to reach out to those who are most vulnerable to the loan sharks.

Lambeth now has a strong and growing credit union which provides a full range of banking services including current accounts and debit cards. We are delighted to have played a crucial role in making this happen.

17Walcot Apprenticeship SchemeThree year programme helping some the most challenging Lambeth NEETS; grant £585,000 (2009-2012)

In 2008 our thinking about new ways of realising our charitable purposes led us to consider something the Foundation had never done before. We had already identified Lambeth NEETS as a priority group. Now we wanted to weave together a programme which would generously fund work with a small number of them. Not only a small number, but a small number of those most in need, whose prospects were the least certain and whose histories and circumstances were the most challenging.

Ten Lambeth NEETs were selected to become Walcot Apprentices. Our aim was to change their lives for the better (crucially to improve their long-term prospects) by enabling them to become first employable and then employed. Management of the programme was awarded via a tendering exercise to a Lambeth youth organisation. The programme delivered a range of support including a two day residential event, an intensive 16 week programme of personal learning and development, advice with debt, group literacy support, help with job search, the use of practical cognitive behavioural techniques and one-to-one coaching. The participants helped identify their preferred apprenticeship placements.

The external evaluator found that ‘There is clear evidence of benefit to the apprentices... All except one respondent [who left the scheme early] said it had made their lives better, generally much better’. The Educational Psychologist who worked with us on the project noted that ‘The Walcot Apprenticeship Scheme was ambitious and commendable...’ Further information including the evaluation findings may be found on our website.

18 Some of the things weare working on

We are always seeking fresh ways to achieve our charitable aims. This means being alert to contemporary developments. Here are some of the issues we are working on.

In-work povertyIt used to be thought that the solution for those out of work was employment. Yet large numbers of people are working full-time for wages that are not enough to live on. We are investigating ways in which we may be able to help working people gain new skills in search of better pay.

Living WageThe answer to in-work poverty is decent pay. The national minimum wage has been shown not always to be enough to manage on. The living wage rate addresses this. Many Lambeth employers pay at or above the London Living Wage. We are exploring ways in which more can be encouraged to do so.

Supporting Foodbank usersFoodbanks are facing an unprecedented increase in demand. Lambeth has four Foodbanks and we

have been in discussion with them about ways in which we might be able to help. Our current focus is on ways of helping Foodbank users who are out of work rebuild confidence and hone their skills ready for re-entering the job market.

Helping struggling readersWe already fund many projects, mainly school-based, aimed at helping those who are behind in their reading and literacy. There are different views amongst professionals about different interventions. We seek to understand these different approaches, and how they can best be funded, so that struggling primary school children can get the help they need when they need it.

In Harmony in Lambeth: Walcot funding provided primary school music support to pupils from low income households

19Grantmaking priorities2013-2016

We set our grantmaking priorities every three years. Those for 2013-2016 are shown below. We are not tied to these inflexibly, and are willing to consider applications which fall outside their scope where the case is strong and they relate to our aims.

• Helping parents of under-fives develop their role in preparing their children for learning (especially in pre-school and where it enables parents to better engage with and support their child’s education)

• Mastering literacy and numeracy (especially in primary school age range)

• Promoting engagement with learning (re-engagement) during secondary education years

• ‘Soft’ (but essential) skills amongst NEETs to increase the chances of obtaining and keeping employment (including managing personal relationships and dealing with finances)

• Initiatives aimed at helping our target group avoid/escape debt

Acknowledgementsthank you...

Many people have contributed to the work of the Foundation during the year. We particualrly record our thanks to the following professional advisers, honorary advisers, volunteers and others -

Tina Allison, Julian Briant, Mick Boscic, Ivo Clifton, Jayne Elkins, Andrew Fletcher, Bill Fuller, Stephen Guy, Ruby Guram, John Hepburn, Lois Ireson, Julian Lawrence-Smith, Ben Lines, Doreen Mitchell, Sam Obeng-Dokyi, Brian Sterling, Stephen Stringer, Beth Thomson, Lionne Whitfield.

Special thanks to Tony Gordon-James Honorary Adviser (Property) and Robert Vandersluis Honorary Adviser (Investment)

Pictures, pages 12 and 18: Angie Davila

Can you help us?Our website carries details of how you might volunteer your skill in a number of specific areas - for details seewalcotfoundation.org.uk/volunteers

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WALCOTFOUNDATION

127 Kennington Road London SE11 6SF020 7735 1925walcotfoundation.org.ukoffice@walcotfoundation.org.uk

Constituent charities The Walcot Educational Foundation (312800)The Hayle’s Charity (312800-1)The Walcot Non Educational Charity (312800-2)The Cynthia Mosley Memorial Fund (312800-3)

Trustee bodyThe Walcot & Hayle’s Trustee (6133849)

Staff Mandeep Bajwa (Grants Officer); Gill Broaders (Estate Admin & PA); Daniel Chapman (Grants Manager); Lesley French (Finance Manager); Teresa Priest (Grants Officer); Tonia Symons (Grants Admin), Hugh Valentine (Director & Clerk to the Governors)

The Governors’ full Annual Report and Accounts 2012/13 can be viewed at walcotfoundation.org.ukand at the Charity Commission website

WF.2013.01