THE HEALTH FOUNDATION
The Health Foundation is an independent charity committed to bringing about better health and health care for people in the UK.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted fund balance is nil, as it operates an expendable endowment fund and applies capital from the endowment to cover any excess of expenditure over generated unrestricted income. The charity holds significant unrestricted reserves in the form of its endowment, which had a value of £1,263,865,000 at the year end, providing adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The cost of raising funds is 1.0% (2024: 1.4%).” — page 75
“Accordingly, governors have determined that it is not necessary for the charity to hold reserves by way of separate unrestricted funds. Capital from the endowment equal to the excess of the Foundation’s expenditure over its generated unrestricted income is applied as income each year such that at the year end the unrestricted fund balance is nil.”
“In April 2025 the Foundation invested a further £1.5m as a Convertible Loan Note into THIS Labs.” — page 93
“The potential pension liability at 31 December 2025, based on advice from an actuary, is estimated to be £423k (2024: £411k).”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- David Smart
- Dr Ruth Hussey
- James Roland Sinker
- Karen Reid
- Katherine Blacklock
- Paul John Najsarek
- Professor Kim Samantha Graham FRSE
- Rachel Wintour
- Sir David Behan
- Stian Westlake
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £22.2m | £69.6m |
| 31/12/2024 | £17.2m | £67.3m |
| 31/12/2023 | £18.6m | £62.7m |
| 31/12/2022 | £18.2m | £80.4m |
| 31/12/2021 | £17.1m | £53.4m |
Common questions
Is THE HEALTH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted fund balance is nil, as it operates an expendable endowment fund and applies capital from the endowment to cover any excess of expenditure over generated unrestricted income. The charity holds significant unrestricted reserves in the form of its endowment, which had a value of £1,263,865,000 at the year end, providing adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by UHY Hacker Young.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GARFIELD WESTON FOUNDATION | 1 | £2.0m |
| CLEAN AIR FUND | 1 | £1.5m |
| ASSOCIATION OF NHS CHARITIES | 1 | £210k |
| THE RCN FOUNDATION | 1 | £49k |
| THE ROAN CHARITABLE TRUST | 1 | £21k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £10k |
| THE JOHN HEMINGWAY CHARITABLE TRUST | 1 | £10k |
| Evergreen Care UK | 1 | £500 |
Charities like this
- GUY'S AND ST THOMAS' FOUNDATION
- UKH FOUNDATION
- Human Health Education and Research Foundation
- THE HEARTH FOUNDATION
- THE HARRY & MARY FOUNDATION
- FOUNDATION FOR THE SOCIOLOGY OF HEALTH AND ILLNESS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HEALTH FOUNDATION | £22.2m | — | — | within | 1.0% | no doubt |
| GUY'S AND ST THOMAS' FOUNDATION | £34.3m | — | — | unclear | — | no doubt |
| UKH FOUNDATION | £119k | — | 0 | unclear | — | no doubt |
| Human Health Education and Research Foundation | £250k | — | 0 | above | — | no doubt |
| THE HEARTH FOUNDATION | £133k | — | 0 | unclear | — | no doubt |
| THE HARRY & MARY FOUNDATION | £632k | — | 0 | unclear | — | no doubt |