The RCN Foundation
Analysis
The RCN Foundation is a registered charity in England and Wales, based in London. It was registered in March 2010, 16 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 07026001). It says it makes grants to individuals, makes grants to organisations and provides advocacy/advice/information.
In the financial year ending December 2025, The RCN Foundation reported income of £1.7m and spending of £2.1m, spending 124% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £1.5m to £1.7m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2025, when income rose by 44%. Over the whole period it spent 170% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The RCN Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Mesothelioma UK Charitable Incorporated Organisation (£1.7m), The Booth Charities (£1.7m) and Sheila Coates Foundation (£1.7m).
In its latest detailed accounts, income came from investments 59%, donations and legacies 40% and trading 1.2%. Gifts in wills alone brought in £331k. Charitable activities took 77% of spending and raising funds 20%. Grants to other organisations totalled £415k. Reserves of £33.1m would cover about 182 months of spending at that rate. It employed 15 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 20%
- Legacies 19%
- Trading 1.2%
- Investments 59%
In the charity's own words
The RCN Foundation supports nursing to improve health and the well-being of the public. We support the development of clinical practice to improve the quality and standard of care and patient experience and the learning and development of nursing and healthcare professionals. The Foundation also provides one-off hardship grants through its Benevolent Fund
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mesothelioma UK Charitable Incorporated Organisation | Leicestershire | £1.7m |
| The Booth Charities | Northwich | £1.7m |
| Sheila Coates Foundation | Steyning | £1.7m |
| Whirlow Hall Farm Trust Limited | Sheffield | £1.7m |