Philanthropy = Therapy for your Mind

Jonathan Fagan, Trustee of the Ten Percent Foundation and MD of Ten-Percent.co.uk Limited, with Jeane Lowe, Manager of Centre 63 in 2016
About Us

The Ten Percent Foundation is a charitable trust based in the UK, set up to donate 10% of the annual profits of the Ten Percent Group. We are more than just a charity redistributing profits. We actively seek out and avoid charities with top heavy staffing costs and support those that concentrate on actual charity rather than maintaining a corporate structure. 

Our Story

The Ten Percent Foundation has been managing the charitable donations of the Ten Percent Group of websites for over 15 years, researching and identifying smaller sized charities in the UK and Africa that are able to specifically identify a project or a use for our company money.

Our Service

Donate money. Tell us what you want the money spent on. We’ll identify charities, tell you about them and what the money will go towards. We’ll even tell the charity you donated the money so they can contact you to say thank you. 

The Ten Percent Foundation Trustees

Jonathan Fagan

Jonathan Fagan

trustee

Jonathan Fagan is the founder and Managing Director of Ten-Percent.co.uk Limited and a director of TP Recruitment Limited and TP Transcription Limited. He set up the Ten Percent Foundation in 2003 but the companies have been donating 10% of profits to charity since April 2000.

Jeremy Fagan

Jeremy Fagan

trustee

Jeremy Fagan has been a trustee of the Ten Percent Foundation for over 5 years. He is a vicar in the Church of England Liverpool Diocese and a trustee of a number of charities. He is a school governor in Kirkby and has the misfortune of being Jonathan Fagan’s brother.

Anna Gresty

Anna Gresty

TRUSTEE

Anna Gresty is Managing Director of TP Transcription Limited, one of the three companies directly linked to the Ten Percent Foundation. A former primary school teacher, Anna has two children, one with a heart condition and so she has a keen interest in charities supporting children with health issues. 

Background

The Ten-Percent Foundation was set up in 2002 as a charitable trust specifically to distribute the donation Ten-Percent.co.uk Limited gives each year to charities. This includes the Ten-Percent Group of recruitment websites, which includes our Legal Recruitment services (ten-percent.co.uk, interimlawyers.co.uk and jonathanfagan.co.uk) and also our subsidiary company TP Transcription Limited (tptranscription.co.uk and universitytranscriptions.co.uk). We donate 10% of net profits each year to the Foundation, which is a registered Charitable Trust in the UK (reg no 1095812). This is following the tithe principle from mediaeval times, although there are no links between the company or the charity to any religion.

The Directors of Ten-Percent.co.uk Limited are firm believers in the notion of corporate responsibility and we strongly encourage businesses around the world to take a similar step. However we are also keen to support the principle of accountability for charities. We think too many of them have turned charitable giving into a business activity and have forgotten that they only exist because of the good wishes of their fellow men & women. So we have a campaign to a) encourage other businesses to donate a percentage of their profits to charity every year, and b) to highlight and campaign against excessive staff salaries in the charity sector. We prepared a report on choosing charities to donate to without supporting high salaries or costs in 2016 and plan to launch a website soon detailing the same. https://www.ten-percent.co.uk/choosing-charities-to-donate-money-to-without-supporting-high-salaries-costs.pdf. We have a page detailing other companies who donate a percentage of profit or turnover to charitable causes – details of these can be found here.

Our Commitment

Our commitment to annual charitable donations is set down in our Articles of Association. So far we have donated over £100,000 (to 2018). It is our business aim to ensure a healthy growth for the company and at the same time spend 10% of our income supporting charitable causes both here and overseas, usually in Africa. We enjoy the process of giving away our profits each year (once we have got over watching the money disappear from our bank account!) but it is always nice to get positive responses from the charities we donate to and it makes us feel a bit better.

We try to find charities with specific projects we can follow up on, and prefer smaller sized charities to the large ones, especially those with CEO’s earning shed loads of cash (you know who you are – click here for our article on this). We are also keen to support any small charities started by solicitors or related to the legal profession.

Donations to Date

A list of the donations we have made since 2000, when we started trading, can be found on our Projects page

In 2000-2001 we donated £500.
In 2001-2002 we donated £1,983.80 to the Ten-Percent Foundation.
In 2002-2003 we donated £3,943.40 to the Ten-Percent Foundation.
In 2003-2004 we donated £4,076.40 to the Ten-Percent Foundation.
In 2004-2005 we donated £5,652.00 to the Ten-Percent Foundation.
In 2005-2006 we donated £6,602.90 to the Ten-Percent Foundation.
In 2006-2007 we donated £8,757.20 to the Ten-Percent Foundation.
In 2007-2008 we donated £7,350.00 to the Ten-Percent Foundation.
In 2008-2009 we donated £1,128 to the Ten-Percent Foundation.
In 2009-2010 we donated £3,952 to the Ten-Percent Foundation.
In 2010-2011 we donated £3,865.30 to the Ten-Percent Foundation.
In 2011-2012 we donated £902.10 to the Ten-Percent Foundation.
In 2012-2013 we donated £7,450.20 to the Ten-Percent Foundation.
In 2013-2014 we donated £10,656.00 to the Ten-Percent Foundation.
In 2014-2015 we donated £13,549.70 to the Ten-Percent Foundation. (Letters of receipt from charities for donations 2014-2015 can be found here).
In 2015-2016 we donated £11,722.74 to the Ten-Percent Foundation.
In 2016-2017 we donated £9,887.14 to the Ten-Percent Foundation.
In 2017-2018 we donated £8,214.49 to the Ten-Percent Foundation (donations received separately from Ten-Percent.co.uk Limited, TP Recruitment Limited and TP Transcription Limited).

Total amount donated to date:

£109,896.37