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up-to-date

Data for financial year ending 31 December 2017

The Virgin Foundation

  • Income

    £15.6M

  • Spending

    £12.8M

  • Status

    Up-to-date

Charity no. 297540 Company no. 2155645

Contact details

Public address

  • Virgin Management, 179 Harrow Road, London, W2 6NB

Aims & activities

Virgin Unite was established by Richard Branson and staff across the Virgin Group to deliver entrepreneurial approaches to social and environmental issues. Virgin Unite works with all the Virgin companies around the world in partnership with social entrepreneurs to build sustainable solutions to some of thoughest challenges facing the world today.

What the charity does

  • General charitable purposes
  • Education/training
  • The advancement of health or saving of lives
  • The prevention or relief of poverty
  • Overseas aid/famine relief
  • Environment/conservation/heritage
  • Economic/community development/employment
  • Human rights/religious or racial harmony/equality or diversity

Who the charity helps

  • Children/young people
  • Elderly/old people
  • Other charities or voluntary bodies
  • The general public/mankind

How the charity works

  • Makes grants to individuals
  • Makes grants to organisations
  • Provides other finance
  • Provides human resources
  • Provides buildings/facilities/open space
  • Provides advocacy/advice/information
  • Sponsors or undertakes research

Income and Endowments:

£15.6M

Expenditure:

£12.8M

Assets and liabilities

  • £187.0K Own use assets
  • £214.0K Long term investments
  • £0.0K Defined benefit pension scheme asset or liability
  • £27.0M Other assets
  • £1.1M Total liabilities
Financial history
Compliance history

Fundraising

Raises funds from the Public

Trading

This charity has one or more trading subsidiaries

Gift aid

Recognised by HMRC for gift aid

Charitable spending ratios

81%
89%
17%

Charitable objects

(I) FROM THE DATE OF INCORPORATION UNTIL 1 JULY 1988 THE CONDUCT AND PROMOTION OF RESEARCH AND THE DISSEMINATION OF THE USEFUL PRODUCTS THEREOF INTO THE CAUSES, ORIGINS, TRANSMISSION AND TREATMENT OF THE DISEASE OR CONDITION KNOWN AS ACQUIRED IMMUNE DEFICIENCY SYNDROME AND ANY APPARENTLY RELATED, SIMILAR OR CONSEQUENT DISEASE OR CONDITION, THE PROMOTION BY CHARITABLE MEANS OF THE WELFARE OF SUFFERERS FROM SUCH DISEASES OR CONDITIONS, THE ALLEVIATION OF PHYSICAL, MENTAL OR FINANCIAL DEPRIVATION CAUSED BY SUCH DISEASES OR CONDITIONS, THE ADVANCEMENT OF EDUCATION IN MATTERS RELEVANT THERETO AND THE SUPPORT OF CHARITIES IN FURTHERING THE SAID OBJECTS OR ANY OF THEM. (II) FROM 1 JULY 1988 AND THEREAFTER THE OBJECTS SPECIFIED AT (I) ABOVE AND THE FOLLOWING WIDER CHARITABLE OBJECTS (A) THE RELIEF OF POVERTY AND THE RELIEF OF DISABLED PERSONS (INCLUDING MENTALLY HANDICAPPED) FROM THEIR DISABILITIES; (B) THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT; (C) THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE PROVIDED THAT SUCH FACILITIES ARE FOR THE PUBLIC BENEFIT; (D) THE PROMOTION OF ANY OTHER CHARITABLE PURPOSE FOR THE BENEFIT OF THE PUBLIC.

Governing document

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 3RD AUGUST 1987, AMENDED BY RESOLUTION INCORPORATED 15TH FEBRUARY 1988 AND SPECIAL RESOLUTION 14TH JUNE 1988

Organisation type

Standard registration

Other names

Virgin Unite

Policies

Risk management
Investment
Safeguarding vulnerable beneficiaries
Conflicts of interest
Complaints handling
Paying staff
  • 7 Trustees
  • 20 Employees
  • 0 Volunteers

Trustee board

Trustee Other trusteeships Charity status
Vanessa Branson Marrakech Biennale Uk Up-to-date
The Global Diversity Foundation Up-to-date
Holly Katie Templeman Branson None on record
Ajaz Ahmed Mental Health Innovations Recently registered
Peter Norris None on record
Jean Marie Oelwang None on record
Nathalie Jamila Richards None on record
Jillian Anne Brady None on record

Areas of operation

List of regions

  • Australia
  • Canada
  • Jamaica
  • South Africa
  • Throughout England
  • United States