THE VIRGIN MONEY FOUNDATION
Registered charity 1161290 · accounts filings on the Charity Commission register · also registered in Scotland as SC050400 (OSCR)
Promoting the sustainable regeneration of socially or economically deprived communities in the UK, including by providing social investment in community housing and building projects, promoting opportunities for youth work, education, training and enterprise especially in such projects, relieving unemployment and the promotion of other community based projects.
Causes: General Charitable Purposes · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves totalled £1,795,500, which includes £173,000 held as a contingency for non-grant expenditure in line with the trustees' policy of covering 3-6 months of such costs. The charity reported a net income increase of £69,000 for the 18-month period, supported by significant donations from Virgin Money and donated services, resulting in a positive net movement in funds.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three to six months of non-grant expenditure (held: £1.8m)
“the Trustees have agreed that it is prudent to hold sufficient reserves to cover 3-6 months non-grant expenditure for contingency purposes.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Ernst & Young LLP. Discloses 4 of 6 completeness components.
Leadership, per the charity’s website
- Nancy Doyle-Hall — Executive Director (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~6.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (99% 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: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
- Amanda Janet Jordan
- Edward Spencer Younger
- Emma Isaac
- Hannah Elizabeth Underwood
- KEITH MERRIN
- Keith Richard Burge
- Lynsey Wilson
- Mazin Alkirwi
- Tamara Dewhirst
Trustee list from the Charity Commission register (current, not historical).
Operates in: Scotland · Throughout England And Wales
Income and spending
Common questions
Is THE VIRGIN MONEY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves totalled £1,795,500, which includes £173,000 held as a contingency for non-grant expenditure in line with the trustees' policy of covering 3-6 months of such costs. The charity reported a net income increase of £69,000 for the 18-month period, supported by significant donations from Virgin Money and donated services, resulting in a positive net movement in funds. Its FY2025 accounts were audited by Ernst & Young LLP.
Who funds THE VIRGIN MONEY FOUNDATION?
Funders whose own accounts filings name THE VIRGIN MONEY FOUNDATION as a grant recipient include POWER TO CHANGE TRUST, BACK ON THE MAP LIMITED.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
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Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.