We are really pleased that Walcot Foundation received an A rating in the 2023 results for the Foundation Practice Rating initiative.
Foundation Practice Rating aims to improve practice across the grant-making sector on the key themes of acocuntability, transparency and diversity. They have created a four level rating system (A, B, C, D) where Foundations are scored against information they provide about themselves on their public information (e.g. website, Charity Commission). This research was carried out by Giving Evidence and over 100 Foundations were reviewed from ACF’s top 300 list using this rating system. This is the second year of the initiative.
This year, seven Foundations achieved an A rating, which is an improvement on last year when the FPR announced its first ever set of results and awarded three A ratings. The Foundations that received an A rating vary in size and structure (Walcot Foundation, Oxfordshire Community Foundation, John Ellerman Foundation, Blagrave Trust, Wellcome Trust, Esmée Fairbairn Foundation and Paul Hamlyn Foundation).