Tioc (tioc Foundation)

Quick Stats

• Annual Giving: £238,250 (charitable activities expenditure 2023/24)
• Success Rate: Not publicly available
• Decision Time: Not publicly available
• Grant Range: Not publicly disclosed
• Geographic Focus: England, Wales, and Scotland
• Total Assets: £2.11 million

Contact Details

• Address: TIOC Foundation, 14 Admiralty Way, Camberley, Surrey GU15 3DT
• Phone: 020 7112 8598
• Email: admin@tioc.org.uk
• Website: tioc.org.uk (currently under development)

Overview

TIOC Foundation is a charitable trust registered in England and Wales (Charity Number 1186137) on 4 November 2019. The foundation operates as a grant-making organisation with total assets of approximately £2.11 million and unrestricted reserves of £2,112,382 (equivalent to 105 months of spending).

In its founding years, TIOC has focused on establishing its purpose and implementing good governance structures. The charity has been accumulating funds to support a wide range of projects and to commit to multi-year grants, enabling organisations to meet their long-term goals. During the financial year ending April 2024, TIOC received income of £598,654 (predominantly from donations and investments) and spent £238,250 on charitable activities.

The trustees have broad discretion to apply income and capital for any exclusively charitable purpose, anywhere in the world, for the benefit of the public. This flexible mandate allows the foundation to respond to a variety of charitable needs.

Funding Priorities

Grant Programs

TIOC makes grants to organisations with a focus on:

• Arts, culture, heritage, and science
• Children and young people

The foundation has indicated a commitment to multi-year funding to help organisations achieve long-term goals.

Priority Areas

• Arts and culture
• Heritage and science
• Children and young people
• Humanitarian and disaster relief
• Non-profit and charitable purposes

What They Don't Fund

No explicit exclusions have been publicly documented. Given the broad charitable objects in the trust deed, the trustees have wide discretion in what they choose to fund.

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Governance and Leadership

Board of Trustees

| Name | Role | Appointed | Other Roles |

|------|------|-----------|-------------|

| Catherine Hogel | Chair | August 2019 | Company Director; Trustee of London Philharmonic Orchestra Limited |

| Benjamin Mardle | Trustee | January 2019 | Not disclosed |

| Philip Walsh | Trustee | January 2019 | Not disclosed |

No trustees receive any remuneration, payments, or benefits from the charity. The board has remained unchanged since the charity's establishment, with three trustees governing all activities.

Governance Policies

TIOC has comprehensive governance policies in place including:

• Complaints handling procedures
• Conflicting interests policy
• Financial reserves policy
• Internal charity financial controls
• Risk management
• Investment policy
• Safeguarding vulnerable beneficiaries
• Serious incident reporting procedures

Application Process and Timeline

How to Apply

This funder does not have a public application process. TIOC's website is currently under development and there is no documented open grants programme or application portal. The foundation operates on a trustee-discretion basis, meaning grants are made at the trustees' judgement rather than through a formal application scheme.

The trust deed gives trustees complete discretion to apply funds “to or for the benefit of such exclusively charitable objects or purposes (according to the law of England and Wales) in any part of the world as the trustees may in their discretion think fit.”

Organisations interested in potential funding should contact the foundation directly at admin@tioc.org.uk to enquire about opportunities.

Decision Timeline

Not publicly available. Given the trustee-discretion model, decisions are likely made at trustee meetings.

Success Rates

Not publicly available.

Reapplication Policy

No formal reapplication policy has been documented.

Application Success Factors

Given that TIOC operates without a public application process, potential applicants should consider:

• Arts, culture, heritage, and science focus: The charity has registered these as primary areas of interest
• Work with children and young people: This is specifically listed as a beneficiary group
• Long-term impact: TIOC has stated a commitment to multi-year funding to help organisations meet long-term goals
• Geographic alignment: Operations should benefit communities in England, Wales, or Scotland
• Direct contact: As there is no formal application process, building a relationship through direct enquiry is essential

Key Takeaways for Grant Writers

1. No public application process: TIOC operates on trustee discretion - contact them directly via admin@tioc.org.uk
2. Still in development phase: The foundation is building its grant-making capacity and website is under construction
3. Strong financial position: With £2.1 million in assets and significant reserves, TIOC has capacity for substantial grants
4. Multi-year funding commitment: They have indicated willingness to fund long-term projects
5. Broad charitable mandate: Trustees can fund any charitable purpose worldwide, though primary focus is arts/culture and children/young people
6. Arts sector connection: Chair Catherine Hogel's involvement with London Philharmonic Orchestra suggests potential interest in performing arts
7. Relationship-based: Without an open application process, success likely depends on making direct contact and demonstrating alignment with trustee interests

References

• Charity Commission - TIOC Full Details -
• Charity Commission - TIOC Full Print View -
• Giving is Great - TIOC Charity Factsheet -
• Charity Choice - TIOC -