What does the Fredericks Foundation do?

Fredericks Foundation is a charity that helps disadvantaged people to start their own business as a means to achieve financial independence and renewed confidence and self-esteem.  Our clients are all unemployed when we first meet them and they may also be single parents, disabled or have served a prison sentence – all groups of people who find it difficult or impossible to obtain financial support through regular channels.  For all of them self-employment offers a real chance to support themselves and their families once again.

Fredericks offers microloans of up to £5000 and the business support that enables people to turn their vision into reality. Currently Fredericks Foundation has funded nearly 500 businesses and is acknowledged as having one of the lowest cost bases for its output.

Who do we help?

Our constituency are the financially disadvantaged, unemployed, single parents, ex-offenders and disabled people of any age. For more information click here

Why help Fredericks?

Fredericks aims to be a highly efficient charity and was recently acknowledged as having one of the lowest cost base for it's output. Fredericks starts about 3 new businesses a week but what is even more impressive is 85% of our loans are repaid and this allows us to reuse £8.50 out of every £10 raised -an exceptional figure for this sector. Most of our overheads are covered so any private donations can go straight to the loan fund to be used AGAIN and AGAIN.

Our model has allowed the Treasury to save millions of pounds of benefits, further more our clients are now contributing taxes rather than receiving these benefits.

How can you help?

You can make a donation either through your payroll, or one off payments. Fredericks have a number of companies that pay 1% of their profits perhaps you could persuade your company? You can apply to be a mentor. Finally you could remember us in your will.