History and Charitable Objectives
Fair Ways Foundation was incorporated in April 2014 and registered with the UK Charity Commission (Registration Number 1159854) in January 2015. It was formed by the shareholders of Fairways Care (UK) Ltd, a successful, profitable Independent Childcare Company.
The shareholders understood that as small caring businesses get bigger they can be targeted by larger businesses often become more focused on profit than quality of care.
Their wish was that their legacy would be to ensure a business would continue to deliver the highest standards of service, provided by high quality well trained and paid staff. As a result the Foundation was established to acquire their shareholding which successfully completed in July 2015.
Today the organisation trades under the core brand Fair Ways. It continues as a successful commercial entity with the innovation, flexibility and creativity of the private sector merged with the ethics and values of a charity and overseen by the Board of Trustees. All profits from the business are now reinvested to meet the charitable objectives of the Foundation.
Fair Ways Foundation Charitable Objectives
Fair Ways Foundation purchased 100% of the shareholding of Fairways Care (UK) Ltd on the 24th July 2015 making the company a wholly owned subsidiary of the charity. All profits from Fairways Care, now trading as Fair Ways will be donated to the Foundation to meet its Charitable Objectives:
- Address social exclusion
- Improve health and wellbeing
- Promote education and literacy
- Support vulnerable children and young people
- Support vulnerable people and families
This will be achieved as follows:
- Establishing and administering annual education bursaries for young people who have left the care system. The Foundation will ensure that further education opportunities will be available to individuals who otherwise would not have this opportunity.
- Support, financially or otherwise, services delivered to young people in need who otherwise would not qualify for the funding that is required to meet that identified need – such as therapy delivered by qualified BACP Registered therapists.
- Acquire or develop property to provide suitable accommodation for care leavers who otherwise would not qualify for adult services support.
- Promote and educate society with respect to the plight of looked after children and young persons.