THE NUFFIELD FOUNDATION

Registered charity 206601 · accounts filings on the Charity Commission register

The advancement of social well being, particularly by scientific research. We do this in two ways: by supporting research, enquiry and innovative development that will contribute to the improvement of policy and practice; and by supporting young people to develop their interest in science, technology, engineering and maths (STEM).

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£14.3m
Latest spending
£33.7m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds increased to £565 million, with investments valued at £596 million, significantly exceeding long-term targets. The Trustees confirm that cash and gilt holdings are double the requirement to meet forecast outflows, ensuring sufficient reserves to continue as a going concern. The unrestricted general fund is reported as £9.6 million, though the charity's policy is not to maintain a general unrestricted reserve.

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

What the accounts disclose

Reserves policy: not to maintain an unrestricted general reserve (held: £9.6m)
“As such it is the Foundation’s policy not to maintain an unrestricted general reserve and so we expect the unrestricted general fund to be negative at times.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustees received £84,000 in remuneration/allowances and £5,000 in expenses.
“During the year, Trustees received £11,000 (2024: £11,000) and the chairman received £17,703 (2024: £17,703), with the total paid to active Trustees during 2025 of £84,000. In addition, Trustee Indemnity Insurance was purchased during the year.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary Gift Aid
“The company has made a Gift Aid donation to the Foundation of £94k (2024: £215k). This payment is outstanding at the year end.”
“During 2025, costs associated with the Fellowship came to £9k (2024: £2k), and income was received of £16k (2024: £18k). These are included in the SOFA and the expenses are included in the table above.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CIFAR Fellowship
“The company has made a Gift Aid donation to the Foundation of £94k (2024: £215k). This payment is outstanding at the year end.”
“During 2025, costs associated with the Fellowship came to £9k (2024: £2k), and income was received of £16k (2024: £18k). These are included in the SOFA and the expenses are included in the table above.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Nuffield Foundation Education Ltd
“In 2021 we set up a wholly owned subsidiary, Nuffield Foundation Education Ltd, as a ‘special purpose vehicle’ for the management of the grant from the Department for Education to roll out the Nuffield Early Language Intervention.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Leadership, per the charity’s website

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 31/12/2025)

Total income
£14.3m
Total spending
£33.7m
Cost of raising funds
£2.8m
Reserves (reported)
£17.3m
Employees
96

Reported reserves equal ~6.2 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Investments (57% 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: 19.7% of total income — in the top quarter for charities its size (median 3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£14.3m£33.7m
31/12/2024£12.4m£29.8m
31/12/2023£8.5m£23.1m
31/12/2022£5.4m£24.9m
31/12/2021£11.7m£30.1m

Common questions

Is THE NUFFIELD FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that total funds increased to £565 million, with investments valued at £596 million, significantly exceeding long-term targets. The Trustees confirm that cash and gilt holdings are double the requirement to meet forecast outflows, ensuring sufficient reserves to continue as a going concern. The unrestricted general fund is reported as £9.6 million, though the charity's policy is not to maintain a general unrestricted reserve. Its FY2025 accounts were audited by Crowe U.K. LLP.

Who funds THE NUFFIELD FOUNDATION?

Funders whose own accounts filings name THE NUFFIELD FOUNDATION as a grant recipient include Arthritis UK, THE HEALTH FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
Arthritis UKFY2023£250kResearch Grant
THE HEALTH FOUNDATIONFY2023£13kImproving people’s health and reducing inequalities

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 NUFFIELD COLLEGE IN THE UNIVERSITY OF OXFORD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE NUFFIELD FOUNDATION£14.3m——above—no doubt
NUFFIELD COLLEGE IN THE UNIVERSITY OF OXFORD FY2025£14.0m——unclear—no doubt
THE NORTON FOUNDATION FY2025£153k—0unclear—no doubt
THE NUFFIELD TRUST FOR RESEARCH AND POLICY STUDIES IN HEALTH SERVICES FY2025£3.6m£190,000 - £200,000—below—no doubt
THE EDUCATION ENDOWMENT FOUNDATION FY2025£52.4m—0unclear—no doubt
JOHN INNES FOUNDATION FY2025£1.7m—0unclear—no doubt

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