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ShelterBoxTrust
Summary
Background
Activities
Input
Output
Impact
Risks
Outlook
Input


Founder and CEO, Tom Henderson, is an ex-Royal Navy search-and-rescue diver, with 12 year’s active service. Subsequently, he worked as a marine consultant. Tom was awarded an Ernst & Young Entrepreneur of the Year Award in 2007. Key staff have a broad range of disaster and humanitarian experience, as well as extensive travel in relevant countries, including SRT experience. Trustees include several other local Rotarians as well as accounting, commercial and Royal Navy backgrounds. The Duchess of Cornwall has agreed to become President of ShelterBox Trust. Eddie George, ex-Governor of the Bank of England, is a Patron.

Key Financials

Year end 30 April (£000s) 2004 2005 2006 2007 2008 2009E
Income
Project restricted income 111 156 465
Unrestricted income 408 6,788 3,877 2,383 3,249 5,500
Investment income 6 32 102 38 30 35
Total income 414 6,820 3,979 2,535 3,435 6,000
Expenses
Project expenses 261 2,947 4,659 2,195 3,470 5,350
Costs of generating funds 3 45 80 241 155 300
Administration expenses 63 210 136 186 174 275
Total expenses 327 3,203 4,875 2,622 3,799 5,925
Reserves
 338 3,923 3,027 2,937 2,573 2,600
Number of employees (UK/volunteers)
 7/550 8/600 9/650 10/750


The Asian Tsunami on Boxing Day 2004 resulted in a major sea change in the charity’s status and operations. 22,224 ShelterBoxes were sent in 2005. Subsequent years’ activity and income have been lower as activities are highly dependent on the emergencies that occur during any one year. Variable income is not a concern, as income and expenditure are largely matched, the Trust’s efficiency is high, and reserves are healthy. Costs may increase slightly, however, as the management team is strengthened to boost future capacity.

Key ratios
2004 2005 2006 2007 2008 2009E
Proportion of restricted income 0% 0% 0% 4% 5% 8%
Proportion of income used on projects 63% 43% 117% 87% 101% 89%
Programme ratio 80% 92% 96% 84% 91% 90%
Administration ratio 19% 7% 3% 7% 5% 5%
Fundraising efficiency 1p 1p 2p 10p 5p 5p
Reserve development 1061% -23% -3% -12% 1%
Number of months of cost coverage 12 15 7 13 8 5
Development Ratings estimates

Emergencies dealt with in 2008: Afghanistan, Bangladesh, Bolivia, Ecuador, Kenya, Mozambique, Nepal, Nicaragua, Somaliland and Zambia. Countries vary annually depending on the need.

In 2008, income was derived from the following sources: UK Rotary & Inner Wheel donations 21%, other worldwide Rotary Clubs 35%, public donations 34%, schools project 3%, Gift Aid 5%, and rental and other income 2%. 65% of income came from UK donors, down from 78% in 2007 as overseas Rotary Clubs contribute an increasing amount. Specific relationships are with Rotary in the United States, Australia, and Canada, and there are developing connections with Clubs in Germany, Southeast Asia, Denmark, Luxembourg, France and Italy.

The Trust has no overseas staff. Hundreds of volunteers provide support packing boxes, as SRT members, and giving fundraising talks. Local Rotarians helping with the emergency are also voluntary.


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