Question 1

What is the mission of THE VIRGIN FOUNDATION?

Accepted Answer

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.

Question 2

What is the financial size of THE VIRGIN FOUNDATION?

Accepted Answer

THE VIRGIN FOUNDATION is classified as a major charity. In the latest financial year, they reported a total income of £21,494,000 and total expenditure of £18,090,000.

Question 3

How does THE VIRGIN FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 84.0% goes directly to charitable activities. The remaining 16.0% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.2%).

Question 4

What is the workforce structure of THE VIRGIN FOUNDATION?

Accepted Answer

THE VIRGIN FOUNDATION employs 7 staff members and is supported by 0 volunteers.

Question 5

Does THE VIRGIN FOUNDATION receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does THE VIRGIN FOUNDATION 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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