The Velvet Foundation

Analysis

The Velvet Foundation is a registered charity in England and Wales, based in London. It was registered in October 2016, 10 years ago. Its declared purposes cover general charitable purposes, 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 09797190). It says it makes grants to individuals, makes grants to organisations and sponsors or undertakes research.

In the financial year ending September 2025, The Velvet Foundation reported income of £46k and spending of £109k, spending 239% of what it took in. Across the 5 years on record, from September 2021 to September 2025, income fell from £1.1m to £46k (-96%), an average of -55% a year. The sharpest change came in the year to September 2023, when income rose by 1677%. Over the whole period it spent 74% 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 Velvet Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in England and Wales with reported income it ranks in the 59th percentile. Charities of a similar size with the same main cause include Friends of Nixon Memorial Hospital,segbwema, Sierra Leone (£46k), Start Young UK (£46k) and Remembering the Past, Resourcing the Future (£46k).