Annual Report and Accounts for the year to 31 December 2024
Chairman’s report
Our charity has been supporting vulnerable children and young people in Russia and other countries in Eastern Europe for over 30 years. The war in Ukraine and the resulting economic crisis have badly affected our partner organisations and created tremendous difficulties for them over the past three years. In spite of this challenging environment, we have continued to provide funding to our Russian projects. The Charity Commission approved our proposal for an informal value transfer system (IVTS) in 2022, allowing us to ensure that services and salaries were paid where required, and that project support for those in need didn’t stop. Additionally, we managed to visit the charity projects in Russia firsthand in 2024.
Fundraising for Russia continues to be very difficult, but many major donors have pledged their support to St. Gregory’s Foundation. New fundraising methods are also being evaluated, including at least one fundraising dinner in London.
As part of the charity’s strategy to diversify into other countries in Eastern Europe, where there is great need and fundraising is easier, there are now three projects running in Moldova, as well as the Mkurnali project in Georgia.
Shiho Prevost, our financial accountant, decided to return to her native Japan, and her successor, Jyoti Tandel, was appointed in October. Our long-standing trustee and former treasurer, Vivian Wright, retired in September 2024 following her 80th birthday. Luke Montague stepped down in June 2024 due to his new position in the civil service, and the charity is looking for new trustees. Read More . . .
Summary of the accounts
