We could not continue to deliver our life-changing programmes each year without the ongoing support of generous individuals, companies, trusts and foundations.
The graphic shows First Story’s income sources for the financial year ending 30th June 2019. Our partner schools contribute a fee towards the full cost of our intensive residencies and extended opportunities, but approximately 70 per cent of First Story’s income is from grant funders and other voluntary sources.
Current Funders Include
Trustees’ Annual Reports
Our trustees’ report annually on First Story’s finances and strategic progress. Annual reports include audited accounts, detailing all income and expenditure, and are usually published in the December following the end of each financial year. You can view our latest report, for the year ending June 2018, here.
About First Story’s Reserves Policy
We maintain reserves to safeguard our commitments to ongoing projects in schools and to ensure we can meet the needs of our beneficiaries, in the event of unforeseen circumstances. By holding a sensible amount in reserve, in a designated account, First Story is protected against any sudden, unexpected drops in income. A sensible reserves policy allows us to manage unforeseen financial difficulties, navigate uncertainty, and forward plan with confidence. The trustees regularly review First Story’s reserves policy in line with guidance issued by the Charity Commission.