Finance Score: -5

Governance Score: 8

Support Score: 7

Pension deficit: -3
Multiple Deficits: -2

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +7

Overall GiG Score: 10

THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH

The charity is an independent economic and social research institute which carries out high quality academic research of relevance to business and policy makers.

Analysis by Giving is Great

Positives:

A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

There is a pension deficit of £1,099,922
On several occasions in recent years income has been less than spending

Established: 62 years
(85 years as a company)

https://www.niesr.ac.uk

enquiries@niesr.ac.uk

02072227665

Charity Commission for England and Wales

Tweets

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
31/03/23	*	£4,990	£4,204	£787	£0	£1,521	£1,521	4.3	51
31/03/22		£4,616	£6,162	£-1,546	£0	£920	£920	1.8	49
31/03/21		£5,262	£5,457	£-195	£66	£2,358	£2,358	5.2	48
31/03/20		£6,085	£5,531	£554	£76	£1,930	£1,930	4.2	48
31/03/19		£4,831	£5,516	£-684	£129	£1,643	£1,643	3.6	49
31/03/18		£3,958	£4,097	£-139	£0	£2,239	£2,239	6.6	43
31/03/17		£2,721	£3,051	£-330	£0	£2,420	£2,420	9.5	36
31/03/16		£3,068	£3,312	£-244	£0	£2,810	£0	n/a	34
31/03/15		£2,830	£3,189	£-359	£189	£3,254	£3,254	12.2	36
31/03/14		£3,071	£3,476	£-405	£182	£3,460	£3,460	11.9	38
31/03/13		£2,885	£3,260	£-375	£181	£4,347	£4,347	16	38
31/03/12		£2,953	£3,040	£-87	£189	£4,485	£4,485	17.7	32
31/03/11		£2,888	£2,890	£-2	£59	£4,637	£4,637	19.3	32
31/03/10		£2,825	£2,813	£13	£252	£4,458	£4,458	19	35
31/03/09		£2,657	£2,628	£29	£242	£3,676	£3,676	16.8	35
31/03/08		£2,365	£2,343	£22	£258	£4,561	£4,561	23.4	35
31/03/07		£2,365	£2,294	£71	£526	£4,741	£4,741	24.8	35
31/03/06		£1,985	£2,117	£-132	£0	£0	£0	n/a	0
31/03/05		£1,934	£2,344	£-410	£0	£0	£0	n/a	0
31/03/04		£1,825	£1,833	£-8	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 21%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 43%
Liabilities/Income: 40%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 4.3 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.7

Asset Split ?

Listed activities

Economic/Community Development/Employment
Education/Training

How it operates

Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Defined Groups
The General Public/Mankind

Who works here?

51 employees

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.

Specific Donations

Amount	When Months	To be used for
Nuffield Foundation - Grant to National Institute of Economic and Social Research
£50,000	31/07/2023	Towards General Election Briefings on Key Economic and Social Issues
Nuffield Foundation - Grant to National Institute of Economic and Social Research
£476,999	02/12/2022	Towards Building a Regional Regeneration Index to track Socio-Economic ‘Levelling Up’
Nuffield Foundation - Grant to National Institute of Economic and Social Research
£498,661	24/05/2021 44	Towards The impact of COVID-19 on educational, language & socioemotional outcomes in KS1
Nuffield Foundation - Strategic fund grant
£8,817	25/06/2020	Prospects for Living Standards in the United Kingdom - development of mock up
Nuffield Foundation - Welfare Grant
£65,000	22/11/2019	Election Briefings 2019 on Key Economic Issues
Nuffield Foundation - Welfare Grant
£197,011	25/06/2019	Understanding and Confronting Uncertainty: How to Plan For Revisions to UK Government Expenditure Plans – A Quantitative Narrative
Nuffield Foundation - Education Grant
£100,613	10/05/2019	Digital skills in the apprenticeships of the 2020s and expected impacts
Department for Business, Energy and Industrial Strategy - NPIF DTP IAA ABC (2020): NIESR
£50,000	01/04/2019	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projectsref=ES/V502315/1
Department for Business, Energy and Industrial Strategy - ALB - UKRI - Trade, Intellectual Property and Innovation: Policy Implications for the Canada-UK Relationship after Brexit.
£8,443	01/04/2018	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projectsref=ES/S00825X/1
Department for Business, Energy and Industrial Strategy - ALB - UKRI - Understanding and Explaining Management Practices to Promote Higher Productivity in UK Businesses
£972,053	01/04/2018	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projectsref=ES/S012729/1
Department for Business, Energy and Industrial Strategy - ALB - UKRI - Impact Acceleration Account 2019: NIESR
£800,000	01/04/2018	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projectsref=ES/T501980/1
Nuffield Foundation - Welfare grant
£31,277	22/02/2018	Managing Uncertainty: a Contribution to "History of the role of HM Treasury in the planning and control of UK public expenditure 1993-2015"
Paul Hamlyn Foundation - Effective school approaches towards integrating migrant children and their families
£60,000	25/09/2017 8	Schools are potentially natural places for integration where the needs of migrant children and families can be identified and addressed and where equal participation in society can be facilitated. ....more Schools are potentially natural places for integration where the needs of migrant children and families can be identified and addressed and where equal participation in society can be facilitated. This project will engage schools and a wide range of stakeholders in education and in integration in order to identify good and promising practice towards successful integration of migrant children and their families, across all areas of learning and school life.
Nuffield Foundation - Cross-cutting grant
£43,780	05/05/2017	June 2017 election briefing and analysis on key economic themes
Department for Business, Energy and Industrial Strategy - Rebuilding Macroeconomics
£830,456	02/05/2017	Full Grant details (including summaries) can be found on the Gateway to Research website: http://gtr.rcuk.ac.uk/projects?ref=ES/R00787X/1
Department for Business, Energy and Industrial Strategy - Rethinking Macroeconomics
£1,877,354	01/04/2017	To support high quality research
Nuffield Foundation - Welfare grant
£74,675	30/03/2016	Pay determination and labour market outcomes in the UK: The influence of imports from low-wage countries

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Based on 11/13 persons

Age Range of Trustees: 38-75

ALEXANDER JESSE BAKER Appointed: 2017, Occupation: Economist

ALISON MARY STRASZEWSKI Appointed: 2023, Occupation: Treasurer

AMANDA ROWLATT Appointed: 2023, Occupation: Director

JENNY BATES Appointed: 2019, Occupation: Civil Servant

JILL RUBERY Appointed: 2019, Occupation: Academic

KEITH MARTIN WADE Appointed: 2023, Occupation: Director

KOFI ADJEPONG-BOATENG Appointed: 2022, Occupation: Banking & Academia

PETER OPPENHEIMER Appointed: 2022, Occupation: Financial Analyst, Other trusteeship: THE ANNA FREUD CENTRE,

PHILLIP BROWN Appointed: 2019, Occupation: Academic

RALPH NEIL GASKELL Appointed: 2016, Occupation: Accountant

ROMESH VAITILINGAM Appointed: 2019, Occupation: Writer And Consultant, Other trusteeship: BRISTOL GRAMMAR SCHOOL,

STEPHEN DARYL KING Appointed: 2015, Occupation: Senior Economic Adviser

SIR PAUL MICHAEL WILLIAM TUCKER Appointed: 2018, Occupation: Writer/Consultant

Legal constitution

Charitable company registered in England & Wales on 27/08/1962, number: 306083
Registered at Companies House on 02/06/1938, number: 00341010

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
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
Paying staff
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR23: 6 days late,

Main office

National Institute of Economic &
Social Research
2 Dean Trench Street
LONDON
SW1P 3HE

Objectives

THE ADVANCEMENT OF EDUCATION IN THE SOCIAL SCIENCES

Defined Area of Benefit:

NOT DEFINED

Data Sources