Finance Score: 3
Governance Score: 6
Support Score: 19
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +19
Overall GiG Score: 28 ?

NEW ECONOMICS FOUNDATION 

nef aims to maximise well-being and social justice within environmental limits through innovative economic thinking and practical solutions. Our work involves pilot projects, in-depth research, campaigning, and informing policy.
Analysis by Giving is Great

Positives:

  • The charity has received backing from multiple prominent grant makers recently
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
30/06/23£3,457£3,504£-46£109£2,748£2,7489.4440
30/06/22£3,134£3,233£-99£112£2,795£2,79510.4440
30/06/21£3,327£3,577£-250£113£2,894£2,8949.7490
30/06/20£3,325£3,346£-20£70£3,144£3,14411.3520
30/06/19£3,815£3,203£612£888£3,164£3,16411.9520
30/06/18£3,518£3,343£175£911£2,552£2,5529.2550
30/06/17£3,520£3,288£232£62£2,377£2,3778.7590
30/06/16£3,169£3,622£-453£153£2,145£2,1457.1660
30/06/15£5,329£4,040£1,289£1,288£3,435£3,1099.2600
30/06/14£3,556£3,352£204£1,047£2,146£1,4115.1570
30/06/13£3,116£3,263£-147£946£1,941£1,2424.6520
30/06/12£3,286£2,773£513£740£2,088£1,1655450
30/06/11£2,505£2,652£-147£633£1,575£1,0844.9440
30/06/10£2,697£2,994£-297£598£1,722£1,1514.6490
30/06/09£3,037£2,673£364£477£2,019£1,4456.5410
30/06/08£2,647£2,701£-54£127£1,655£1,2395.5400
30/06/07£3,310£3,047£263£101£1,710£1,0054430
30/06/06£2,933£2,618£315£0£0£0n/a00
30/06/05£3,019£3,051£-31£0£0£0n/a00
30/06/04£3,118£2,979£139£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 3.5%
Fundraising Costs/Total Spending: 3.1%
Senior Staff Costs/Total Spending: 14%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 43%
Liabilities/Income: 59%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 9.4 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1
Asset Split ?
Established: 28 years

www.neweconomics.org

info@neweconomics.org

020 7820 6300

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
GiG Classification
  • Upholding human rights
How it operates
  • Acts as an umbrella or resource body
  • Provides advocacy/advice/information
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • The General Public/Mankind

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Friends Provident Foundation£680,000
Power to Change£200,000
Barrow Cadbury Trust£150,000
Trust for London£121,250
Joseph Rowntree Foundation£121,075
Calouste Gulbenkian Foundation, UK Branch£100,000
Specific Donations
Amount When
Months
To be used for
Nationwide Foundation - Social and Community Led Housing GE Influencing
£30,000 15/01/2024
• A six-month research project that will run two workstreams as follows: 1) Developing the business case for a new generation of social homes, 2) Building sustainable communities by placing social ....more
Trust for London - New Economics Foundation
£13,500 16/11/2023
6
The funding is for running deliberative sessions with Camden residents to help develop alternatives to the use of conditionality and sanctions in the benefits and employment support system. ....more
Calouste Gulbenkian Foundation, UK Branch - New Economics Foundation
£100,000 30/05/2023
Funding to the New Economics Foundation’s Great Homes Upgrade programme to develop a scalable blueprint for local home retrofit.
Friends Provident Foundation - NEF Core funding 2023
£100,000 02/01/2023
Core funding in support of NEF's strategy
Power to Change - Regional Action Plans for the New Economy
£200,000 15/11/2022
Grant to Regional Action Plans for the New Economy
Trust for London - New Economics Foundation
£7,750 29/09/2022
This is a cost of living uplift for grant reference 360G-trustforlondon-MAIN-S2-02.02.2022-9493
Friends Provident Foundation - New Economics Foundation - Regional Action Plans for a New Economy
£200,000 15/06/2022
36
This project seeks to create 5-year plans to transform three regional economies at the Combined Authority level (North Tyne, South Yorkshire and West Midlands). Whist the initial plans are for five ....more
Trust for London - New Economics Foundation
£100,000 05/04/2022
The funding is for supporting London communities to make the capital a cornerstone city in the national campaign for systemic housing change, via winning more social housing at the next London ....more
Barrow Cadbury Trust - Regional Action Plans for a New Economy
£100,000 29/01/2022
To support the development of inclusive economies in three regions in England
Joseph Rowntree Foundation - Grant to New Economics Foundation
£121,075 20/03/2021
15
A Clean Future Jobs Accelerator programme
Gower Street - Core Costs
£3,350 08/02/2021
airport expansion
Nationwide Foundation - NEF wellbeing support
£2,000 02/02/2021
Wellbeing support grant
Tudor Trust - Grant to New Economics Foundation
£2,000 13/01/2021
as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
Friends Provident Foundation - NEF Core Funding
£200,000 02/11/2020
Core funding in support of CLES' strategy.
Friends Provident Foundation - New Economics Foundation - Empowering post-carbon communities
£180,000 01/07/2020
The New Economics Foundation wants to work on the ground in communities heavily reliant on high carbon employment to build local just transition plans that tackle the climate crisis and ensure a ....more
Barrow Cadbury Trust - The Democratic Economy: reconnecting people, place and power
£50,000 25/01/2020
18
Policy work in support of a shift in UK economy and practice to a more democratised and decentralised approach
Esmee Fairbairn - Grant to New Economics Foundation (NEF)
£31,600 16/01/2020
18
Towards the re-imagining of publicly owned farmland (County Farms), demonstrating new farming and ownership models that can deliver a series of environmental and social goods.
The Aim Foundation - Grant to New Economics Foundation
£15,000 02/10/2019
12
A one off seed grant to NeF towards developing a UK Wellbeing budget that could be implemented for government department budgets.
Tudor Trust - Grant to New Economics Foundation
£250,000 28/03/2019
60
over five years towards towards a programme of work building a private renters movement for affordable housing
Esmee Fairbairn - Grant to New Economics Foundation (NEF)
£60,000 25/03/2019
12
Towards supporting economic transformation in Plymouth
Joseph Rowntree Foundation - Grant to New Economics Foundation
£118,400 16/03/2019
24
Power and accountability in the digital economy - part 2
Samworth Foundation - Empowering Stranded Communities
£180,000 07/02/2019
36
Working with five communities across the UK, NEF propose to find ways to ensure a fair, economic transition away from fossil fuels.
Tudor Trust - Grant to New Economics Foundation
£4,000 10/12/2018
12
as a flex grant towards an event at the House of Lords focusing on how to unlock more church land for affordable housing
Friends Provident Foundation - NEF - core funding 2
£130,000 11/09/2018
Continuation of core funding in support of NEFs mission
Greater London Authority - London Family Fund
£85,000 01/09/2018
The Family Fund supports organisations that are bringing diverse families together for support and common purpose. The fund aims to improve parents social networks, reduce social isolation and ....more
John Ellerman Foundation - costs of establishing two new "Blue New Deal towns"
£70,000 26/07/2018
24
Towards the costs of the "Rethinking Coastal Management" project, which will promote green jobs and increase climate resilience in disadvantaged coastal areas
Calouste Gulbenkian Foundation, UK Branch - New Economics Foundation
£13,140 19/03/2018
NEF will assess the feasibility of developing an indicator which measures how ‘ocean friendly’ our society is, with recommendations on how to proceed if feasible.
Barrow Cadbury Trust - Capping the costs of consumer debt
£61,000 27/01/2018
18
To secure a cap on the costs of consumer debt, building on the introduction of a cap on payday loans
Trust for London - New Economics Foundation
£38,000 15/06/2017
12
The funding is towards make and win collective demands for better work conditions by empowering young precarious workers in London. Phase one will bring together campaigning groups and trade unions ....more
Power to Change - New Economics Foundation
£29,860 03/04/2017
11
Grant to New Economics Foundation
Nesta - AC00607
£25,000 29/03/2017
8
ShareLab programme grant to New Economics Foundation Grant Ref AC00607
Calouste Gulbenkian Foundation, UK Branch - New Economics Foundation
£170,000 23/03/2017
To help establish a Centre for Coastal Economies to takek forward recommendations from the Blue New Deal action plan; to explore the potential of a Blue New Deal collaboration with Portuguese ....more
Joseph Rowntree Foundation - Grant to New Economics Foundation
£59,950 18/03/2017
18
Power and accountability in the digital economy
Tudor Trust - Grant to New Economics Foundation
£80,000 07/03/2017
24
over two years towards towards an action-led research project which will address barriers to community control of housing
Barrow Cadbury Trust - Household Debt Jubilee Feasibility Study
£20,100 03/02/2017
6
To explore the feasibility of undertaking a campaign on unjust debt.
Nationwide Foundation - Grant to The New Economics Foundation
£83,590 23/01/2017
To learn how to exert more public control over housing and overcome one of the key barriers to increasing the supply of community controlled affordable homes in the UK: the lack of access to ....more
Calouste Gulbenkian Foundation, UK Branch - New Economics Foundation
£20,000 21/12/2016
To support participation in the Marine CoLABoration in phase two of the initiative (2017-18).
Friends Provident Foundation - New Economics Foundation - Core Funding
£130,000 13/09/2016
Flexible funding will enable key staff to work on strategic, cross-cutting and movement-generous projects (like developing and testing media frames), and reactive media. We will secure more ....more
Tudor Trust - Grant to New Economics Foundation
£5,000 08/06/2016
12
towards the costs of a conference bringing together land ecology experts and community-led housing practitioners
Friends Provident Foundation - New Economics Foundation - Advocacy for Financial System Resilience
£120,000 15/09/2015
To improve the resilience of the UK financial system, focussing particularly on the banking system, by encouraging the adoption of policy solutions to improve key determinants of system resilience ....more
Tedworth Charitable Trust - Dissemination of report on a public trust banking model
£10,000 03/03/2015
Towards dissemination of its new report on a public trust banking model.
Barrow Cadbury Trust - New Economy Spokesperson Network
£4,500 11/12/2014
Towards bursaries for spokespeople on topics the Trust is interested in.
Barrow Cadbury Trust - Responding to austerity: local solutions
£30,000 28/03/2014
Responding to austerity: local solutions
Nationwide Foundation - Grant to The New Economics Foundation
£53,975 27/03/2014
Pilot of the nef housing flex scheme - a model that will trial a new form of agreement between housing associations and local authorities that will allow more social rent homes to be built.
Friends Provident Foundation - New Economics Foundation - The Financial System Resilience Index
£55,000 11/03/2014
We will create an index of financial system resilience and compare UK performance internationally. Regulations, reforms, and innovations will be assessed against the index to judge their likely ....more
Nesta - AC00227
£83,250 27/03/2012
Innovation in Giving programme grant to New Economics Foundation Grant Ref AC00227
Esmee Fairbairn - Social investment New Economics Foundation (NEF)
£125,000 06/11/2008
An investment in a loan towards nef consulting.
Esmee Fairbairn - Grant to New Economics Foundation (NEF)
£75,000 06/11/2008
24
Towards Core costs Towards the salary of the head of business and finance researcher.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split
Based on 10/11 persons

Age Range of Trustees: 29-67
  • ALISON COWAN Appointed: 2022, Occupation: Executive Director Of Fundraising & Engagement
  • ANNA HENRY Appointed: 2023, Occupation: Chief Executive
Legal constitution
  • Charitable company registered in England & Wales on 10/05/1996, number: 1055254
  • Registered at Companies House on 01/05/1996, number: 03193399
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • 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
  • Volunteer management
Filing Record
20 returns made; all on time
Main office

New Economics Foundation
10 Salamanca Place
LONDON
SE1 7HB

Objectives

(A) TO ADVANCE EDUCATION AND UNDERTAKE RESEARCH FOR THE BENEFIT OF THE PUBLIC (AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH), PARTICULARLY IN ECONOMICS, CITIZENSHIP AND ENVIRONMENTAL, SOCIAL AND POLITICAL SCIENCES(B) TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY (I) THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES, (II) THE RELIEF OF POVERTY AND IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES AND (III) PURSUING SUCH OTHER RELATED CHARITABLE PURPOSES AS THE TRUSTEES MAY DETERMINE

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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