NEW ECONOMICS FOUNDATION

Registered charity 1055254 · accounts filings on the Charity Commission register · Wikidata: Q1129907 · Wikipedia

nef aims to maximise well-being and social justice within environmental limits through innovative economic thinking and practical solutions. Our work involves pilot projects, in-depth research, campaigning, and informing policy.

Objects

(A) TO ADVANCE EDUCATION AND UNDERTAKE RESEARCH FOR THE BENEFIT OF THE PUBLIC (AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH), PARTICULARLY IN ECONOMICS, CITIZENSHIP AND ENVIRONMENTAL, SOCIAL AND POLITICAL SCIENCES(B) TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY (I) THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES, (II) THE RELIEF OF POVERTY AND IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES AND (III) PURSUING SUCH OTHER RELATED CHARITABLE PURPOSES AS THE TRUSTEES MAY DETERMINE

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Registered contact address: Lambeth, London, England (from the postcode on the register)

Latest income
£5.0m
Latest spending
£4.9m
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves of £410,853 were below the stated policy target of £538,000, a shortfall the trustees attribute to the withdrawal of longstanding funders and subsequent restructuring. Despite this, the charity holds significant non-operational assets, including property valued at £2.31m, and maintains cash reserves of £2.32m, which the trustees consider sufficient to meet liabilities as they fall due.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Trading subsidiary: NEF Consulting Limited
“NEF Consulting Limited is a wholly owned trading subsidiary of the charity.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 30/06/2025

  • Government income: £79,083 — contracts £79,083 (2); 2% of the £4,991,568 total gross income on the same return
  • Employees paid over £60,000: 11 (£60,001–£70,000: 6; £70,001–£80,000: 1; £80,001–£90,000: 1; £90,001–£100,000: 2; £140,001–£150,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 30/06/2024

  • Government income: £96,825 — contracts £63,825 (2), grants £33,000 (3); 2% of the £4,874,510 total gross income on the same return
  • Employees paid over £60,000: 4 (£60,001–£70,000: 2; £70,001–£80,000: 1; £80,001–£90,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 30/06/2023

  • Government income: £71,375 — contracts £71,375 (3); 2% of the £3,457,432 total gross income on the same return
  • Employees paid over £60,000: 5 (£60,001–£70,000: 1; £70,001–£80,000: 2; £80,001–£90,000: 1; £100,001–£110,000: 1)
  • Has a trading subsidiary

Source: this charity’s annual returns on the Charity Commission register.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/06/2025)

Total income
£5.0m
Total spending
£4.9m
Cost of raising funds
£193k
Reserves (reported)
£411k
Employees
43

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (92% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.9% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025£5.0m£4.9m
30/06/2024£4.9m£4.9m
30/06/2023£3.5m£3.5m
30/06/2022£3.1m£3.2m
30/06/2021£3.3m£3.6m

Common questions

Is NEW ECONOMICS FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves of £410,853 were below the stated policy target of £538,000, a shortfall the trustees attribute to the withdrawal of longstanding funders and subsequent restructuring. Despite this, the charity holds significant non-operational assets, including property valued at £2.31m, and maintains cash reserves of £2.32m, which the trustees consider sufficient to meet liabilities as they fall due. Its FY2025 accounts were audited by Buzzacott Audit LLP.

Who funds NEW ECONOMICS FOUNDATION?

Funders whose own accounts filings name NEW ECONOMICS FOUNDATION as a grant recipient include THE NATIONWIDE FOUNDATION, FRIENDS PROVIDENT CHARITABLE FOUNDATION, THE JOSEPH ROWNTREE CHARITABLE TRUST, JOHN ELLERMAN FOUNDATION, TRUST FOR LONDON.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE NATIONWIDE FOUNDATIONFY2024£195kNot specified in grant list
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2025£150kUnderstanding the appeal of austerity and how to beat it
THE JOSEPH ROWNTREE CHARITABLE TRUSTFY2021£121kA Clean Future Jobs Accelerator programme
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2025£116kMovement Builders network
JOHN ELLERMAN FOUNDATIONFY2025£100kCore cost funding to enable people with lived experience to drive systemic policy change
TRUST FOR LONDONFY2022£100kGood homes and neighbourhoods
THE OVO CHARITABLE FOUNDATIONFY2025£99k
GUY'S AND ST THOMAS' FOUNDATIONFY2025£71kCharitable contract (Trustee Danny Sriskandarajah is CEO)
JOSEPH ROWNTREE FOUNDATIONFY2023£62kReforming conditionality
THE NATIONWIDE FOUNDATIONFY2021£52kGrant paid out during the year
NETWORK FOR SOCIAL CHANGE CHARITABLE TRUSTFY2025£43kFlying Fair
THE LANKELLYCHASE FOUNDATIONFY2023£38kCore Skills
THE NATIONWIDE FOUNDATIONFY2022Unverified read£27kDecent Affordable Homes funding strategy
JOSEPH ROWNTREE FOUNDATIONFY2025£25kNew Economics Foundation
JOSEPH ROWNTREE FOUNDATIONFY2025£25kNew Economics Foundation
THE NATIONWIDE FOUNDATIONFY2025£19kBacking Community-Led Housing
TRUST FOR LONDONFY2023£14kA grant to run deliberative sessions with Camden residents
AVIATION ENVIRONMENT TRUSTFY2024£11kResearch grant New Economics F
SMALLWOOD TRUSTFY2021£8k
THE PICKWELL FOUNDATIONFY2022£8k
SMALLWOOD TRUSTFY2022£7k
THE PICKWELL FOUNDATIONFY2023£2kNot specified in note 7, listed under grants
THE A TEAM FOUNDATION LIMITEDFY2022amount not stated

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Calouste Gulbenkian Foundation, UK Branch30/05/2023£100kNew Economics Foundation
Farming The Future31/01/2020£31kCredit Where Due
Greater London Authority01/09/2018£85kLondon Family Fund
Calouste Gulbenkian Foundation, UK Branch19/03/2018£13kNew Economics Foundation
Calouste Gulbenkian Foundation, UK Branch23/03/2017£170kNew Economics Foundation
Calouste Gulbenkian Foundation, UK Branch21/12/2016£20kNew Economics Foundation
Calouste Gulbenkian Foundation, UK Branch12/06/2014£72kNew Economics Foundation
Calouste Gulbenkian Foundation, UK Branch03/06/2014£144kNew Economics Foundation
Northern Rock Foundation11/12/2006£94kGrant awarded to The New Economics Foundation (North East)
The National Lottery Community Fund13/07/2004£127kDevelopment of MF/2/000288757

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ENVIRONMENTAL FUNDERS NETWORK.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NEW ECONOMICS FOUNDATION£5.0m——unclear—no doubt
ENVIRONMENTAL FUNDERS NETWORK FY2025£798k£70,001 - £80,0001unclear—no doubt
NORTHCLIFFE ENVIRONMENTAL ENTERPRISES TEAM FY2026£728k——within—no doubt
NEW SPRINGS UK FY2025£621k—0unclear—no doubt
THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH FY2026£3.3m——below—no doubt
NEO COMMUNITY FY2025£869k—0unclear—noted

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.