Shell Foundation
Analysis
Shell Foundation is a registered charity in England and Wales, based in London. It was registered in June 2000, 26 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, the prevention or relief of poverty and environment/conservation/heritage, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 04007273). It says it makes grants to organisations, provides other finance and provides advocacy/advice/information.
In the financial year ending December 2025, Shell Foundation reported income of £31.0m and spending of £45.8m, spending 148% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £18.7m to £31.0m (+66%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 120% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Shell Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Armed Forces Covenant Fund (£30.9m), Social Interest Group (£31.0m) and UK Curriculum and Accreditation Body (Ukcab) (£30.8m).
In its latest detailed accounts, income came from donations and legacies 71% and investments 29%. Charitable activities took 98% of spending and raising funds 2.2%. Grants to other organisations totalled £22.4m. Reserves of £17.2m would cover about 5 months of spending at that rate. It employed 42 people.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Donations 71%
- Investments 29%
In the charity's own words
Shell Foundation mission is to apply business thinking to major social and environmental issues linked to the energy sector - and seek to relieve poverty and hardship and protect the environment, for the public benefit, through the promotion and development of business-based solutions and supportive market environments, to target large scale impact.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Armed Forces Covenant Fund | Leeds | £30.9m |
| Social Interest Group | London | £31.0m |
| UK Curriculum and Accreditation Body (Ukcab) | Birmingham | £30.8m |
| Dementia UK | London | £31.4m |