About us
The UK has a massive problem with consumer and debt illiteracy. Companies spend billions on advertising, marketing and teaching their staff to sell – yet we get no buyers' training. The UK is in debt crisis, a whole generation is in debt up to its ears.
The MSE Charity is designed to try and break that cycle of debts.
- What does it do?
- Where does the money come from?
- Grants Advisory Panel
- Trustees
- Charity registration details
What does it do?
Making the right choice involves information and understanding; to do that we need consumer education and support, enabling people to know what choices are available to them and how to make the right choice for their circumstances. The MSE Charity will support eligible individuals and groups who want to help eradicate this illiteracy through self-development or innovative projects.
Where does the money come from?
The money is generated from three sources:
- Donations from well-wishers. Anyone who wants to support the charity is more than welcome. For the many who've previously asked how to donate to MoneySavingExpert.com as it's saved them money, the answer is to donate to this charity. How to donate
- An annual donation from MoneySavingExpert.com. A donation of over £200,000 at the launch of the charity, and it's hoped at least £100,000 per year going forward from MoneySavingExpert.com (see The MSE Charity section).
- Revenue from book sales. All Martin Lewis' proceeds from his books Thrifty Ways and Three Lessons go directly to this charity.
All this cash - less some small administration costs, which aren't expected to exceed 10% of income - will go directly to the beneficiaries. The cost of the day-to-day operation of the charity will be met by a separate personal donation by Martin Lewis.
Grants Advisory Panel
To support the work of the charity a group called the Grants Advisory Panel (or GAP) assesses, makes recommendations and decisions on all grant applications, and supports the work of the board of trustees.
The GAP was first set up about two years ago, when a team of six users of MoneySavingExpert.com were recruited and it is currently recruiting new members to the panel. If you'd like to help see the GAP Application Pack and Person Specification for more details on what's involved.
Trustees
Justin Deaville
After graduating from the London School of Economics (LSE), Justin worked as a management consultant for the market research firm, Datamonitor, then as marketing manager at Euromoney Institutional Investor, one of the world’s largest financial publishing companies. He retrained to become an actor and now uses his knowledge of performance to teach presentation and communications and presentation skills to senior managers in both the public and private sectors.
Martin Lewis
Money Saving Expert, Chair of the Trustees, and TV's Money Guru, Martin is the creator of MoneySavingExpert.com and the founder of this charity. An ultra-specialised journalist Martin is passionate about financial education, debt education and consumer empowerment. Read Martin's full biography.
Tony Tesciuba
Tony Tesciuba is the director of Tesciuba Limited, Chartered Accountants, and Chartered Tax Advisers. He has been helping clients since he qualified in 1982. In 11 years with Price Waterhouse, Tony trained and was later a senior manager in its audit and business services division in Manchester and London. Since then, Tony has been a partner in leading regional firms until setting up his own firm in 2001. Educated at Manchester Grammar School and London School of Economics (LSE), Tony is married with four children. He enjoys running, music and family outings.
The MSE Charity Registration Details
Charity Registration Number 1121320.
The MSE Charity is also a company limited by guarantee, registered in England & Wales with number 06078667.
Registered office c/o Tesciuba Limited, The Chambers,13 Police Street. Manchester M2 7LQ
Contact Address
The Operations ManagerThe MSE CharityPO Box 240GatleyCheadleSK8 4XTemail: stuart@msecharity.com
