Activities

As described by the charity on the register

The Foundation's main activity is to make grants to UK charities and for charitable purposes elsewhere in the world. The priority areas for its grants are initiatives and projects which improve education, promote the arts and combat the climate emergency. The Foundation does not seek applications for grants and will not make grants in response to unsolicited applications received.

Latest income

£70.2m

Expenditure

£85.6m

Financial year end

2025-12-31

Income & spending history

As reported to the Charity Commission, by financial year end

Year end Income Expenditure income spend
2021-12-31 £268m £41.1m
2022-12-31 £79.1m £34.8m
2023-12-31 £117m £46.7m
2024-12-31 £120m £75.7m
2025-12-31 £70.2m £85.6m

Latest detailed return

Year end 2025-12-31 · consolidated (group) figures

Income mix

Donations & legacies £4k
Charitable activities £0
Trading £0
Investment income £3.6m
Total income £70.2m

Spending

Charitable spend £85.6m
Raising funds £0
Grants to institutions £85.3m
Governance £26k
Total expenditure £85.6m

Balance sheet

Reserves £1.27bn
Total funds £1.27bn
— restricted £0
— unrestricted £1.27bn
— endowment £0
Total assets £1.27bn
Cash £101m

People

Employees 2

Classification

The charity's own register classification

What it does

  • General Charitable Purposes
  • Education/training
  • Arts/culture/heritage/science

Who it helps

  • Other Charities Or Voluntary Bodies
  • The General Public/mankind

How it works

  • Makes Grants To Organisations

Source: Charity Commission for England and Wales register, 2026-07-28. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.