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.

Objects

THE ONLY OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED ARE FOR THE PUBLIC BENEFIT:1) TO PROMOTE THE SUSTAINABLE REGENERATION OF SOCIALLY OR ECONOMICALLY DEPRIVED COMMUNITIES IN THE UK BY WHATEVER CHARITABLE MEANS THE TRUSTEES THINK FIT INCLUDING (BUT NOT LIMITED TO) 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; AND2) TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES IN THE UK ACCORDING TO THE LAW OF ENGLAND & WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE (“THE OBJECTS”).

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

Causes: General Charitable Purposes · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Newcastle upon Tyne, North East, England (from the postcode on the register)

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

Accounts audited by Ernst & Young LLP. Discloses 4 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.

• Bullying and harassment policy and procedures
• Campaigns and political activity policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Engaging external speakers at charity events policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

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.

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

Corporate structure

• Registered company of the charity Companies House 09457101

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.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

• WILSON, Lynsey — director, appointed 17/03/2026on trustee list
• DEWHIRST, Tamara — director, appointed 17/03/2026on trustee list
• ISAAC, Emma Louise — director, appointed 06/08/2024on trustee list
• ALKIRWI, Mazin Salah — director, appointed 01/03/2023on trustee list
• JORDAN, Amanda Janet — director, appointed 01/07/2021on trustee list
• YOUNGER, Edward Spencer — director, appointed 23/03/2021on trustee list
• MERRIN, Keith — director, appointed 23/03/2021on trustee list
• UNDERWOOD, Hannah Elizabeth — director, appointed 15/12/2020on trustee list
• BURGE, Keith Richard — director, appointed 20/10/2020on trustee list
• SHUFFLETON, Joanne Lucy — secretary, appointed 31/07/2025

Official officers record.

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 4.7 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 (5.3%) (benchmarks).

Trustees · trustee networks

• 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

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.

Charities like this

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

• THE VOLUNTARY NETWORK income £703k
• VALAN SOCIAL WELFARE TRUST income £759k
• THE VIRGIN FOUNDATION income £18.2m
• MILLES CHARITABLE FOUNDATION LIMITED income £587k
• THE MONEY CHARITY income £912k
• THE VLM FOUNDATION income £3k

Side by side with its peers

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