What is the GFG Foundation?
The GFG Foundation is a registered company limited by guarantee (number 10600789), a registered Charity in England and Wales (Charity Number 1176542) and a registered charity in Scotland (Charity Number SC048180). The GFG Foundation is currently registering to become a charity in Australia, reflecting the international GFG footprint.
How is the GFG Foundation funded?
The GFG Foundation is funded by the Gupta family. The GFG Foundation will also look to attract matched funding to ensure that programmes are sustainable beyond an agreed initial period of seed funding.
What is the GFG Foundation’s charitable aim?
The GFG Foundation’s charitable aim is to assist with the development of people and industries through the closing of skills and education gaps; these gaps relate specifically to the engineering, metals and renewable energy sectors.
Who are the GFG Foundation’s trustees?
The GFG Foundation has six trustees, including two trustees who are independent of the GFG Alliance of companies.
What is the GFG Foundation’s governance structure?
The GFG Foundation is governed by a Board of Trustees and, in addition, receives advice from an Advisory Board of independent industry specialists.
What is the GFG Foundation’s relationship with the GFG Alliance?
The GFG Foundation maintains an ‘independent but linked’ relationship with the GFG Alliance of companies, drawing on the industrial expertise and workforce to assist in delivering the GFG Foundation’s charitable aims.
Where can I find the GFG Foundation’s Annual report and Financial statements?
The GFG Foundation’s first Annual Report and Financial statements will be available in November 2018 following completion of its first year of operating.
How does the GFG Foundation manage applications for funding?
The GFG Foundation receives a number of applications for funding and support. While responding to all requests, the GFG Foundation normally approaches organisations which it believes can help in the delivery of its charitable aims.