The Foundation holds charitable purpose and receives grant and donation funding. It
contracts the company to deliver programs at cost, drawing on the company's
practitioners, horses and methodology. Grant funds are acquitted against the
Foundation's programs, and the arrangement between the entities is set out in a written
service agreement.
This keeps the two income streams separate. Commercial income stays with the company,
and charitable income stays with the Foundation and is spent on the programs it was
granted for.
To confirm before launch: board composition and director
backgrounds, conflict of interest and related party policy, and the financial year and
reporting cycle. Grant assessors look for named directors with governance, finance or
sector experience, so we recommend listing them here.