Question 1

What is the mission of THE VIRGIN MONEY FOUNDATION?

Accepted Answer

Promoting the sustainable regeneration of socially or economically deprived communities in the UK, including by providing social investment in community housing and building projects, promoting opportunities for youth work, education, training and enterprise especially in such projects, relieving unemployment and the promotion of other community based projects.

Question 2

What is the financial size of THE VIRGIN MONEY FOUNDATION?

Accepted Answer

THE VIRGIN MONEY FOUNDATION is classified as a large charity. In the latest financial year, they reported a total income of £3,269,600 and total expenditure of £3,200,600.

Question 3

How does THE VIRGIN MONEY FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of THE VIRGIN MONEY FOUNDATION?

Accepted Answer

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

Question 5

Does THE VIRGIN MONEY 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 MONEY FOUNDATION pay its trustees?

Accepted Answer

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

THE VIRGIN MONEY FOUNDATION

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