HG Foundation

Analysis

HG Foundation is a registered charity in England and Wales, based in London. It was registered in April 2020, 6 years ago. Its declared purposes cover general charitable purposes, which this site groups under children and youth development. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending March 2025, HG Foundation reported income of £8.8m and spending of £6.2m, leaving 29% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £4.6m to £8.8m (+92%), an average of +18% a year. The sharpest change came in the year to March 2023, when income rose by 340%. Over the whole period it spent 56% of the income it received.

Among 5,641 England and Wales charities whose main cause is children and youth development and that reported income, HG Foundation sits at the 100th 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 99th percentile. Charities of a similar size with the same main cause include The Marcela Trust (£8.3m), Community Foundation North East (£10.7m) and The Christopher Laing Foundation (£8.1m).

In its latest detailed accounts, income came from donations and legacies 95% and investments 4.9%. Charitable activities took 100% of spending and raising funds 0.0%. Grants to other organisations totalled £5.6m. Reserves of £12.3m would cover about 24 months of spending at that rate.