Question 1

What is the mission of NESTA?

Accepted Answer

The UK's innovation agency for social good. We design, test and scale new solutions to society's biggest problems, changing millions of lives for the better. We will focus our energy and resources on three innovation missions: a fairer start for every child; a healthy life for all, and a sustainable future where the economy works better for people and the planet.

Question 2

What is the financial size of NESTA?

Accepted Answer

NESTA is classified as a major charity. In the latest financial year, they reported a total income of £55,306,000 and total expenditure of £73,622,000.

Question 3

How does NESTA allocate its spending?

Accepted Answer

For every pound spent, approximately 68.5% goes directly to charitable activities. The remaining 31.5% is spent on raising funds and administration. This is lower than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of NESTA?

Accepted Answer

NESTA employs 512 staff members and is supported by 0 volunteers.

Question 5

Does NESTA receive government funding?

Accepted Answer

To a small extent. Approximately 28.3% of their income comes from government grants or contracts.

Question 6

Does NESTA pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

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