EQUALITY & DIVERSITY
We seek only to work with organisations that do not discriminate, in policy or in practice, on the basis of race, ethnicity, religion or belief, gender, gender reassignment, age, disability, marriage or civil partnership, pregnancy or maternity, sex or sexual orientation.
SAFEGUARDING
The Kreitman Foundation engages with a range of communities through the programmes it funds. We believe that safeguarding should be at the heart of how organisations think and so we are committed to ensuring that our partners take appropriate steps to prevent abuse and promote the safety, protection, wellbeing and development not only of children and other groups traditionally considered vulnerable or at risk but of all groups.
Practically, this means assessing the safeguarding strength of any potential partner, which may involve running through a set of questions and criteria or our self-audit tool. This degree of analysis will deepen relative to the perceived vulnerability of the organisation’s beneficiaries, that which is being funded and any other circumstances that may increase risk.
When assessing an application for a grant from the Foundation we will:
• carry out proper due diligence;
• assess whether appropriate safeguarding procedures and policies are in place; and
• ensure grant conditions are drawn up in writing to help govern our relationships with our grantees
Where we make a grant to an organisation outside the jurisdictions of the United Kingdom, we will follow these same practices and comply with any additional requirements of the other country.
The Foundation does not work directly with children or adults at risk. However, trustees may attend meetings or events with children or adults at risk as part of their professional duties. These will take place in the presence of suitably qualified staff from an organisation with appropriate safeguarding policies in place.
Trustees are briefed on this policy on an annual basis and receive appropriate training on safeguarding relevant to their duties.
EXPENSES
The Trustees have an expenses policy that allows trustees, at their discretion, to claim reasonable expenses related to carrying out their duties. The policy is guided by UK charity law.
INVESTMENT
We strongly believe foundations' investments should align with their grant-making principles, to the strongest degree possible. We are exploring what it means to achieve this fully; constantly weighing risk (not only of action but inaction) and our obligations and potential as a charity - conscious that we can make impact investments where others perhaps can't.
Following the success of the recent Butler Sloss judgement (the foundation was proud to have put its name to this coalition) this is now not only possible but a legal requirement. Regular balancing exercises are carried out to weigh financial performance with our core aims.
At the time of writing we are developing our impact-enabling Investment Policy Statement (IPS) to give shape to this journey accordingly.
GRANT-MAKING
We are guided by a number of grant-making principles. These take the form of questions, some of which are below.
To what extent:
-
...can we encourage honest and open dialogue with potential and existing partners in order to find a true balance of respective goals? Trust-based funding (not to be confused with naïve or unconditional funding - for we assess and document carefully) should stem from healthy conversations, which we believe will result in a more authentic picture when it comes to monitoring, evaluation and assessing impact.
-
...where capacity allows, is there a responsibility to fund less established, more innovative programmes where risk of failure/reward may be higher, as well as larger, established organisations targeting issues at a macro level?
-
...can we consider core funding over programme-specific?
-
...can we take a longer-term outlook than may be traditionally adopted and why?
-
...does a potential project reflect our strategy?
-
...is it addressing the root cause, symptom alleviation, or both?
-
...is it a fit with our size and budget?