The Abstract Foundation

Charity Number: 1196234

Annual Expenditure: £0.5M

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Quick Stats

  • Annual Giving: £520,371 (expenditure, year ending March 2024)
  • Success Rate: Not publicly available
  • Decision Time: Not currently accepting applications
  • Grant Range: Not publicly disclosed
  • Geographic Focus: UK (registered in England and Wales)

Contact Details

  • Website: Not publicly accessible
  • Email: info@abstractfoundation.com
  • Phone: 020 7747 8272
  • Charity Number: 1196234
  • Company Number: CE026966

Application Status: The foundation is not currently accepting unsolicited requests for funding.

Overview

The Abstract Foundation was established in October 2021 as a Charitable Incorporated Organisation (Foundation model) registered with the Charity Commission for England and Wales. The foundation makes grants to organisations and individuals, with a particular focus on projects which support young people and help them to improve their opportunities and quality of life. In the financial year ending March 2024, the foundation had total income of £329,870 and total expenditure of £520,371, demonstrating active grant-making activity. The foundation is classified as a micro-sized entity with three trustees who serve without remuneration. The foundation currently operates with a closed application process and does not accept unsolicited funding requests.

Funding Priorities

Grant Programs

The foundation does not publicly disclose specific grant programmes or funding amounts. Grant-making is focused on supporting young people through projects that improve opportunities and quality of life.

Priority Areas

  • Youth development and opportunity creation
  • Projects improving quality of life for young people
  • Support for organisations and individuals working with youth

What They Don't Fund

Not publicly disclosed. As the foundation is not accepting unsolicited applications, specific exclusions are not detailed in public documentation.

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Governance and Leadership

The Abstract Foundation is governed by three trustees, all appointed on 18 October 2021:

Mark Lewis Glatman (Chair)

  • Chief Executive of Abstract Securities and the Abstract Group of Companies
  • Trained solicitor with over 30 years in commercial property development
  • Property Week Property Entrepreneur of the Year (2007)
  • Outstanding Individual Award at OAS Development Awards (2016)
  • Ambassador for the Mayor's Fund for London, supporting young Londoners facing barriers
  • Fellow of The Royal Institution of Chartered Surveyors and Member of the Law Society

Johanna Louise Ropner

  • Lord-Lieutenant of North Yorkshire (since 2018)
  • Trustee and Chair of Grants Committee at The Rank Foundation (since 2005)
  • Former Chair of Luma Foundation (Yorkshire Children's Hospital Fund)
  • Brings extensive grant-making experience from The Rank Foundation, which allocates funds to community and social programmes throughout the UK

Stephanie Miles

  • Limited public information available about this trustee's background

All trustees serve without remuneration, payments, or benefits from the charity.

Application Process and Timeline

How to Apply

The Abstract Foundation is not currently accepting unsolicited requests for funding. There is no publicly accessible online application portal or application form available.

Given the foundation's profile and trustee connections, it appears to operate through invitation or targeted grant-making rather than open application rounds.

Decision Timeline

Not publicly available due to closed application process.

Success Rates

Not publicly disclosed.

Reapplication Policy

Not applicable while the foundation maintains its closed application status.

Application Success Factors

Due to the foundation's closed application policy, specific guidance for applicants is not publicly available. However, based on the foundation's stated mission and trustee backgrounds, the following factors would likely be relevant if/when applications reopen:

  • Focus on Youth Impact: Projects must demonstrate clear benefits for young people in terms of opportunities and quality of life improvements
  • Measurable Outcomes: Given the trustees' professional backgrounds in property development and established grant-making, evidence-based approaches would likely be valued
  • Geographic Considerations: While registered as an England and Wales charity, the foundation may have particular interest in areas connected to trustee networks (London, Yorkshire, and broader UK)
  • Connection to Trustee Interests: Mark Glatman's involvement with the Mayor's Fund for London suggests interest in supporting young Londoners facing barriers; Johanna Ropner's connection to The Rank Foundation suggests alignment with community and social programmes

Key Takeaways for Grant Writers

  • Currently Closed: The foundation is not accepting unsolicited funding requests; monitoring their status is essential before investing time in application development
  • Relatively New: Established in 2021, the foundation is still in early stages and may be developing its grant-making approach
  • Significant Resources: With expenditure of over £520,000 in the 2023-24 financial year, the foundation has substantial grant-making capacity
  • Experienced Leadership: Trustees bring expertise from property development, established grant-making foundations, and youth-focused philanthropy
  • Limited Public Information: The foundation maintains a low public profile with minimal accessible information about specific programmes or past grants
  • Youth-Focused Mission: All applications must demonstrate clear impact on young people's opportunities and quality of life
  • Invitation-Based Model: The closed application policy suggests the foundation may identify and approach potential grantees rather than responding to applications

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