THE KYNNEY FOUNDATION
The Kynney Foundation is committed to maintaining the highest legal and ethical standards in all aspects of its business and charitable affairs.
About Us
The Kynney Foundation is a charity based in the Isle of Man registered as public charity number 1300. The charitable foundation was established on 12 March 2020. The Foundation is made up of two Isle of Man based council members. The Council Members are supported in their charitable endeavors by a charity advisory committee.
Aims and Objectives
The aims and objectives of the Foundation are to make donations and support charities in underdeveloped countries principally in Latin America and the Caribbean, relieving financial hardship particularly in respect of assisting charities who work with children. The Foundation has fairly broad parameters so it can help charities that demonstrate the eligibility as detailed below, the Foundation is also open to giving to animal related charities.
The Foundation cannot make donations to charities based in the United States.
The Council Members remain flexible and wish to fund the most compelling projects, we do not have target expenditure per annum.
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Donations
All donation decisions will be made by the council members guided by recommendations from our charity advisory committee. Once a donation request has been received, we may seek further information and arrange to have a video call to discuss the proposal in more detail.
Who is eligible?
- We will always prioritise applications from organisations that are registered in the country where the proposed work/project will take place. Applicants are welcome to include partner organisations not registered in their home jurisdiction but must be able to clearly demonstrate the added value of all partner organisations included in the proposal.
- The Foundation will only fund registered charities with a clearly defined charitable purpose.
- The charity must have a proven track record of delivering on its objectives.
- The charity will need to provide the appropriate due diligence documentation.
- The charity should demonstrate a commitment to putting the people they seek to serve at the heart of their decision making. This means that the foundation looks to work with organisation’s who can evidence input from, and accountability to those they work on behalf of.
- The charity must have robust governance and financial management in place, having the highest standards of safeguarding their staff and beneficiaries.
- Any charities assisting or interacting with children must have the appropriate polices in place and will need to ensure that their staff have the relevant safeguarding training (or local equivalent). Documentary evidence of this will be required as part of the application.
The Giving Process
The charity must provide a proposal to include the following:
• Details of the charity, name, registration number, staff member information, details of website
• The aim of the project and how it fits with The Kynney Foundation charitable objectives
• Background to the project (including national context etc)
• Description of activity to be undertaken including expected (and measurable) outputs and outcomes
• The long-term prospects for (a) impact; and (b) sustainability beyond the lifetime of the donation
• How the project will be evaluated
• Timeline
• Budgetary expectations
• Details of the charity, name, registration number, staff member information, details of website
• The aim of the project and how it fits with The Kynney Foundation charitable objectives
• Background to the project (including national context etc)
• Description of activity to be undertaken including expected (and measurable) outputs and outcomes
• The long-term prospects for (a) impact; and (b) sustainability beyond the lifetime of the donation
• How the project will be evaluated
• Timeline
• Budgetary expectations
Once we are satisfied with the application and documentation provided the donation will be processed
All charities must review the Foundations giving criteria to ensure they meet these requirements.
The charity Council Members with support from the charity advisory committee will meet on a regular basis to review proposals. This will be a preliminary review to understand the proposal and agree what further information and documentation is required to support the application if it is to proceed to the next stage.
Once an initial decision has been has been made, we will revert back to you with our decision and if the application is successful an outline of the next steps to receiving funding including any due diligence documentation that is required in order for us to process the application.
Once an initial decision has been has been made, we will revert back to you with our decision and if the application is successful an outline of the next steps to receiving funding including any due diligence documentation that is required in order for us to process the application.
The Council Members may ask for updates on any specific projects that are being funded by the donation.
We ask applicants to identify the key outcomes they seek to achieve as a result of the work that we fund as well as the indicators they will use to monitor progress and provide updates to the foundation.
The Giving Process
All charities must review the Foundations giving criteria to ensure they meet these requirements.
The charity must provide a proposal to include the following:
• Details of the charity, name, registration number, staff member information, details of website
• The aim of the project and how it fits with The Kynney Foundation charitable objectives
• Background to the project (including national context etc)
• Description of activity to be undertaken including expected (and measurable) outputs and outcomes
• The long-term prospects for (a) impact; and (b) sustainability beyond the lifetime of the donation
• How the project will be evaluated
• Timeline
• Budgetary expectations
• Details of the charity, name, registration number, staff member information, details of website
• The aim of the project and how it fits with The Kynney Foundation charitable objectives
• Background to the project (including national context etc)
• Description of activity to be undertaken including expected (and measurable) outputs and outcomes
• The long-term prospects for (a) impact; and (b) sustainability beyond the lifetime of the donation
• How the project will be evaluated
• Timeline
• Budgetary expectations
The charity Council Members with support from the charity advisory committee will meet on a regular basis to review proposals. This will be a preliminary review to understand the proposal and agree what further information and documentation is required to support the application if it is to proceed to the next stage.
Once an initial decision has been has been made, we will revert back to you with our decision and if the application is successful an outline of the next steps to receiving funding including any due diligence documentation that is required in order for us to process the application.
Once an initial decision has been has been made, we will revert back to you with our decision and if the application is successful an outline of the next steps to receiving funding including any due diligence documentation that is required in order for us to process the application.
Once we are satisfied with the application and documentation provided the donation will be processed
The Council Members may ask for updates on any specific projects that are being funded by the donation.
We ask applicants to identify the key outcomes they seek to achieve as a result of the work that we fund as well as the indicators they will use to monitor progress and provide updates to the foundation.