Where Our Money Goes
We have to raise all our own income each year so our fundraising focuses on our key work, which is delivering our Mentored Home Cooking courses for people living in food poverty. This year, we need to raise £180,000.
To maximise benefit to our students, and value for our commissioners and funders, it’s important that we run Bags of Taste as efficiently as possible. We have a tiny staff team – only thirteen employees and one full time plus 200 dedicated volunteers. This means that a big proportion of what we raise goes directly towards supporting vulnerable people.
How We Are Funded
Thank you to all the generous trusts and foundations; contracts from local authorities/public health; health bodies and social housing providers who commission us; companies and individuals. Our current funders are listed here.
Our Structure
Bags of Taste is a registered not-for-profit company. We trade for a social purpose and not for profit; all the money we raise goes towards our charitable purpose. Our constitution clearly states that our purpose is to help people in poverty cook for themselves and their families, and all funds raised are used to support that objective. We also have an ‘asset lock’, meaning that if we were to cease operations, we would be legally obliged to distribute all our assets to charitable organisations with a similar purpose.
Bags of Taste Limited is a company limited by guarantee, company number 09160945
How we Run Bags of Taste
We take our governance seriously and have an independent board of directors that agrees on strategic decisions concerning Bags of Taste, meeting quarterly and overseeing our organisation and its finances.
Our Annual Accounts
Every year our accounts are independently audited and are published on our website.