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Safc foundation of light

Discussion in 'Sunderland' started by AlexFTM73, Sep 1, 2017.

  1. AlexFTM73

    AlexFTM73 New Member

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    Anyone one know anyone who works at the fol?
     
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  2. Nacho

    Nacho Well-Known Member

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    Not me, why do you ask out of interest?
     
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  3. AlexFTM73

    AlexFTM73 New Member

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    Just wanted to know if anyone knew anything about them
     
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  4. Brian Storm

    Brian Storm Well-Known Member

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    #4
  5. Commachio

    Commachio Rambo 2021

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    Strange first post.
     
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  6. C19RK73

    C19RK73 Red & White army!

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    Yeah why?
     
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  7. AlexFTM73

    AlexFTM73 New Member

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    Heard they are making people redundant. Not sure if Bain/SAFC has anything to do with it
     
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  8. C19RK73

    C19RK73 Red & White army!

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    No
     
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  9. AlexFTM73

    AlexFTM73 New Member

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    Bit of a coincidence. Safc first now fol letting people go. Must be struggling throughout.
     
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  10. Brian Storm

    Brian Storm Well-Known Member

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    There's no affiliation financially, it's a separate company entirely.
     
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  11. Commachio

    Commachio Rambo 2021

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    Looks like a poor attempt at Ellis Short bashing.
     
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  12. Montysoptician

    Montysoptician Well-Known Member

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    Spot on Bri, a few years ago I used their services through the "Tackle It" programme and at that time the only support they got was the use of classrooms and a box at the SOL and the use of facilities at the AOL.
     
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  13. AlexFTM73

    AlexFTM73 New Member

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    Sounds like the club do very little to support them
     
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  14. Nacho

    Nacho Well-Known Member

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    I'm surprised there's little connection between the two you'd think it'd be a hand in glove type setup.
     
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  15. Brian Storm

    Brian Storm Well-Known Member

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    Well they are connected in a marketing/promotional/publicity sense. But you can't run a charity though a normal business, all charities have to be their own registered not for profit company.
     
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  16. red&white wanderer

    red&white wanderer Well-Known Member

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    I'll make some enquiries for you on Monday unless anyone on here has more info.
     
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  17. red&white wanderer

    red&white wanderer Well-Known Member

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    I think they just exist as aEDIT independent charitable body associated with the club doing very good community activities. The club seem to take credit for this work in the community.
     
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  18. AlexFTM73

    AlexFTM73 New Member

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    A mate of a mate has confirmed that 27 people look to be laid off by the end of this month with the rest of the workforce at risk until a later date.
     
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  19. makemdan

    makemdan Well-Known Member

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    Can't speak for the Foundation in question but usually charitable foundations are set up by companies to show support for the local community and are wholly/mostly funded by the company and partially reducing tax deductions in the process
    Typical example was the Northern Rock Foundation which was closed when Virginia Money pulled the plug in 2016. Without that funding the NRF just couldn't survive. I'm not saying that is happening with FOL but it wouldn't surprise me if it was. Both funders run by hard nosed businessmen, one of which pretends to be the caring sharing type :0)
     
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  20. Brian Storm

    Brian Storm Well-Known Member

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    Peter Vardy, James Ramsbotham, Sir Bob Murrey, Rt Hon Baroness Estelle Morris, Steve Cram, Paul Collingwood, George Clarke, Kathryn Adie and Ward Hadaway Company Secretarial Services Limited are the current FOL directors.

    Currently no serving SAFC directors on the FOL board of directors. So that's that put to bed. <ok>
     
    #20
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