The Cure Parkinsons Trust - charity supported by the Ten Percent Foundation 2016-2017
Our criteria and policies for donating to charities can be found here – https://www.ten-percent.co.uk/charitable-trust/
This
year we have written a piece about each charity we have considered and
explained why and what we are funding. We have also included any
information the charity have sent us including updates from last year on
our ongoing donations.
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We
discovered the existence of The Cure Parkinson’s Trust whilst
researching alternatives to Parkinsons UK. The cure or treatment of
Parkinson's is of particular interest to us as we have lost a family
member (and former trustee) to the disease.
In
2016 we wrote an article about high salary paying charities and were
surprised to discover that Parkinsons UK were on the list (we have
donated to them in the past). 10 staff at the charity were earning
between £60,000 and £130,000 in 2015. Total amount paid to the senior
staff team was £744,550, which means that from the £20’ish million the
charity received in donations & legacies, about 3.6% was paid out to
10 members of staff. The Head of Philanthropy at Parkinson’s UK
responded to our request for a statement regarding the pay of the senior
team, and her response can be found here –
https://www.blogger.com/comment.g?blogID=36839305&postID=3207980881259529512
The Cure Parkinson’s Trust aims to find ways to cure Parkinson’s. They had the following accounts for 2015:
▪ They received £2.02 million in donations and legacies.▪ The charity spent £1.16 million on research funding and education. ▪ Grants to research institutes were £672k. ▪ Salaries at the charity were £425k. ▪ No members of staff earned more than £60k.
The
charity sent us a proposal for funding with the following information:
“One of our upcoming trials which we urgently need to secure funding for
is a trial using a diabetes drug called Lixisenatide. This is part of
our Linked Clinical Trials programme, which takes drugs used in other
diseases and tests them as treatments for Parkinson’s – because they
show strong biochemical potential to slow, stop or reverse the disease.
This is ground-breaking work and we believe it will have an impact in
the clinic within five years. The Lixisenatide trial follows on from
previous research we have supported testing diabetes drugs in
Parkinson’s with encouraging results, and will help us to understand how
diabetes drugs can slow or stop the progression of Parkinson’s. I have
attached a brief proposal with further details about the trial and our
work and we would be delighted if your Foundation were able to consider
supporting the project.”
We
made the decision to donate £1,000, with a view to donating again in
future years. We have also highlighted The Cure Parkinson’s Trust on our
website and mentioned them to other donors. The charity’s website is https://www.cureparkinsons.org.uk/
For further details about the Ten Percent Foundation please visit https://www.ten-percent.co.uk/charitable-trust/
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Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database.
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