WCIT Charity Review Vol. 2 | Page 2

Page 2 INTRODUCTION Our Charity D uring 2013 our members gave our Charity £121,000. Just over £62,000 came from the pledges previously made to support the Hammersmith Academy Appeal, £44,000 from our growing Continuous Charitable Giving Scheme (CCG), and £15,000 from fundraising events, Panels and one-off individual donations. project in the near future. In the forthcoming year we will continue to encourage more members to join the CCG Scheme and also work with the Panels to identify fundraising opportunities. As a result of the generosity of members during 2013 we plan to increase our grants in 2014 to £50,000 and make even more difference Thank you to all members who gave so to those more vulnerable in society. We generously. are also looking for new strategic projects that meet our objectives and If you are already supporting us, thank Regarding our grant-making, we made a areas of priority. you very much. If not, I hope this further contribution to the Hammersmith glimpse into our work will inspire you to Academy Endowment Fund of Our priorities continue to be:get involved. If you have any questions £150,000, which brings the total we  Enhancing opportunity for young about the work of our Charity or any have now paid to £900,000 of the suggestions for future projects please people through more effective £1million target. The Appeal will close email me: [email protected]. education at the end of 2014. We also made over thirty grants totalling £31,380 to charitable projects that met our priorities and objectives. These are listed on page 5 of this Review. In addition, we have established a Special Projects Fund, with £29,000 this will be used to fund a new strategic  Improving quality of life for the disadvantaged and disabled  Enabling access for citizens in need to information, culture and business opportunity Jo Connell OBE DL Chairman of the WCIT Charity  Helping to re-engage those excluded in society Thank you to all those who gave so generously of your time and money to our WCIT Charity in 2013 Inside this issue: Introduction Statement of Financial Activities for the Year Ended 31st December 2013 2 Total Incoming: £348,618 Total Expended: £420,898 AbilityNet 3 iT4Communities Your support: Income & Expenditure 4 & 5 Lifelites 6 Education 7 Fundraising events expenses & other costs: £2,446 Investment Income: £203,683 Investment management expenses: £24,510 Other incoming resources: £20,843- Room hire & Services 8 Costs of generating voluntary income: £35,016 Activities for generating funds: £6,005- Event Income Giving Back Voluntary Income: £118,087-Members’ donations Charitable activities: £353,833 Governance costs: £5,093 Full breakdown of charts can be found in the published 2013 Statutory Accounts for WCIT Charity WCIT CHARITY REVIEW