News & Insights

FSP assists DSA Prospect Limited with successfully setting up their charitable foundation

Ruo Wu, our specialist charity and not-for-profit lawyer, has assisted DSA Prospect Limited with successfully setting up a corporate foundation – DSA Prospect Foundation (registered charity number 1195450) at the Charity Commission of England and Wales (the “Charity”).

The Charity has been set up in order to cement the company’s charitable giving which began over ten years ago. The Charity will provide financial grants and donations to registered charities across the UK. Further information on the Charity can be found here: https://www.dsaprospect.co.uk/dsa-prospect-foundation.

Nick Longford, one of the trustees of the Charity commented: “Since our inception 11 years ago we’ve donated 1% of our annual turnover to support several local and national charitable organisations. Having seen first-hand some of the challenges brought about by the pandemic to both businesses and charities alike, it seemed a perfect time to formalise things and ensure we are in the strongest position possible to continue providing support where we can. With Ruo’s expertise, we’re proud to have taken the first steps in an exciting journey with the DSA Prospect Foundation and look forward to making positive contributions to even more organisations in our community and across the UK.”