THE NATIONWIDE FOUNDATION
The Nationwide Foundation is an independent funder of charitable causes across the UK. Our vision is for everyone in the UK to have access to a decent home which they can afford and we make grants and social investments in pursuit of this vision.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £7,692,560, with free reserves of £6,414,127 covering 24 months of average expenditure. The trustees acknowledge these elevated levels and aim to reduce them to a target range of 9-15 months by March 2026 through strategic deployment of funds. The charity relies on an annual donation from Nationwide Building Society, which provides a three-year donation floor to support medium-term planning.
What the accounts disclose
“There were no related party transactions in the year ending 31 March 2025. During the year ended 31 March 2024, one related party transaction was registered: One trustee (Saphié Ashtiany), was also a trustee of the Joseph Rowntree Foundation (JRF). In 2022-23 the Nationwide Foundation agreed to jointly fund the Frameworks Institute with JRF, making grant payments of £97,552 (2024: £124,000)”
In the news
- Soaring Toward the Future: Nationwide Foundation Helps Eagles Take Flight at Blank Park Zoo
- From sunrise flights to equine therapy: How the Nationwide Foundation thanks veterans
- Nationwide Foundation announces $10M investment for affordable housing, research
- Nationwide Children's receives historic $100M from Nationwide Foundation
- Nationwide Foundation's $100M pledge to Nationwide Children's Hospital kicks off public $500M campaign
- Nationwide Foundation invests historic $100 million in namesake children's hospital
- Nationwide Children’s Hospital Launches “Empower the Possible” Campaign with Historic 10-Year, $100 Million Commitment from Nationwide Foundation
- New $10 million Nationwide Foundation donation to support Nationwide Children’s Hospital’s affordable housing initiative, groundbreaking genomics program
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Saphie Ashtianychair
- Anthony Burton
- Christopher Beazley
- Damian Thompson
- Gill Leng
- Robert Gardner
- Stephen Evenden
- TERRIE ALAFAT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.1m | £3.2m |
| 31/03/2024 | £4.3m | £2.3m |
| 31/03/2023 | £2.6m | £2.6m |
| 31/03/2022 | £1.9m | £2.3m |
| 31/03/2021 | £2.3m | £1.9m |
Common questions
Is THE NATIONWIDE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £7,692,560, with free reserves of £6,414,127 covering 24 months of average expenditure. The trustees acknowledge these elevated levels and aim to reduce them to a target range of 9-15 months by March 2026 through strategic deployment of funds. The charity relies on an annual donation from Nationwide Building Society, which provides a three-year donation floor to support medium-term planning. Its FY2025 accounts were audited by Godfrey Wilson Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUST FOR LONDON | 1 | £1.0m |
| THE NUFFIELD FOUNDATION | 1 | £970k |
| POWER TO CHANGE TRUST | 1 | £129k |
| THE HAPPY BABY COMMUNITY | 1 | £105k |
| BACK ON THE MAP LIMITED | 1 | £53k |
| MISSION44 | 1 | £34k |
| GIVE A GIFT | 1 | £30k |
| MCS CHARITABLE FOUNDATION | 1 | £15k |
Charities like this
- THE NATIONAL ENERGY FOUNDATION
- THE VIRGIN MONEY FOUNDATION
- NNS FOUNDATION
- PONOSI FOUNDATION
- THE NATIONAL FOUNDATION FOR EDUCATIONAL RESEARCH IN ENGLAND AND WALES
- LLOYDS BANK FOUNDATION FOR ENGLAND & WALES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NATIONWIDE FOUNDATION | £5.1m | — | — | unclear | — | no doubt |
| THE NATIONAL ENERGY FOUNDATION | £3.4m | — | — | unclear | — | no doubt |
| THE VIRGIN MONEY FOUNDATION | £3.3m | — | — | above | — | no doubt |
| NNS FOUNDATION | £10.0m | — | 0 | unclear | — | no doubt |
| PONOSI FOUNDATION | £144k | — | 0 | unclear | — | no doubt |
| THE NATIONAL FOUNDATION FOR EDUCATIONAL RESEARCH IN ENGLAND AND WALES | £19.2m | — | — | unclear | — | no doubt |