), is an international childrens charity based in theUnited Kingdom.
Ark is aregistered charityunder English law and is based in London. In 201314 it had a gross income of 12.95m.1
Ark was co-founded by a group ofhedge fundfinanciers includingPaul MarshallandIan WaceofMarshall WaceandArpad BussonofEIM Group, who is founding chairman of its board of trustees.2
Founded as Absolute Returns for Kids in 2002 by a group of businessmen in thealternative investmentindustry to improve the life chances of children, by creating high returns onphilanthropic investment.citation neededSince 2014, the charity has been known as Ark.
Arks programmes and goals focus onHealth(sub-Saharan Africa),Education(UKUSIndia) andChild Protection(Eastern Europe). In 2012, Ark began taking part inpublic-private partnershipsineducationinAfrica.citation needed
The charity claims to apply robustdevelopmentprinciples and soundbusinessdisciplines to all its programmes, including setting targets and emphasising closemonitoringandevaluationto ensure high impact. Arks trustees and patrons cover central and administrative costs, ensuring that 100% ofdonationsgo directly to deliver Arks programmes for children.citation needed
Ark works in the areas ofEducation,HealthandChild Protection.
Ark Schoolsruns Arks UK education programme.3
It runs a network of 34 academies. Ark Schools was created in 2004 to work with theDepartment for Educationand local authorities to create new schools forinner citiesthrough the academies programme.citation needed
Ark Schools aim is to help close theachievement gapbetween children from disadvantaged and more affluent backgrounds. Its academies focus on raising attainment with the aim of every pupil going intohigher educationwhen they complete school.citation needed
Ark Bentworth Primary Academy,Hammersmith & Fulham
Ark Brunel Primary Academy,Kensington and Chelsea
Ark Conway Primary Academy, Hammersmith & Fulham
Ark Swift Primary Academy, Hammersmith & Fulham
Ark Burlington Danes Academy, Hammersmith & Fulham
Ark has also developed two teacher leadership programmes in the UK and one in the United States, Future Leaders and Teaching Leaders.citation needed
In addition to its Chairman,Ian Wace, and Founding Chairman,Arpad Busson, ARKs Global Board of Trustees comprises:Paul DunningLord FinkKevin GundlePaul MarshallJennifer MosesMichael PlattBlaine TomlinsonandAnthony Williams.4
Ian Wace was appointed Chairman of ARK in October 2010, succeeding Lord Fink who remains a Trustee and a member of the Global Board.5
Arks Founding Chairman,Arpad Busson, is a member of the Global Board and is Chairman of Absolute Return for Kids, US, Inc.
Absolute Return for Kids, registered charity no. 1095322
From richer to poorer The Times, 22 July 2007
About Us. ARK. Archived fromthe originalon 28 March 2013
Educational charities based in the United Kingdom
Articles with unsourced statements from December 2012
Articles with unsourced statements from November 2017
This page was last edited on 27 September 2019, at 05:12