Bma Foundation
Analysis
Bma Foundation is a registered charity in England and Wales, based in London. It was registered in December 2020, 6 years ago. Its declared purposes cover general charitable purposes and the advancement of health or saving of lives, which this site groups under health and saving lives. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, makes grants to organisations and sponsors or undertakes research.
In the financial year ending December 2025, Bma Foundation reported income of £1.2m and spending of £1.4m, spending 114% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income fell from £2.8m to £1.2m (-56%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 70% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Bma Foundation sits at the 91st percentile: it is larger than about 90% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include AlongSide (£1.2m), Mind in Salford (£1.2m) and Life Cycle (£1.2m).
In its latest detailed accounts, income came from investments 79% and donations and legacies 21%. Gifts in wills alone brought in £137k. Charitable activities took 93% of spending and raising funds 5.9%. Grants to other organisations totalled £1.1m. Reserves of £27.3m would cover about 230 months of spending at that rate.
Income and spending
Where the income comes from
- Donations 10%
- Legacies 11%
- Investments 79%
In the charity's own words
The BMA Foundation is an independent charity that awards funds to encourage and further medical research. Our mission is to support medical students, doctors and scientists in their research aims and help pioneer medical research.Each year, research grants are awarded to medical students, research scientists and doctors, all funded by generous past bequests.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| AlongSide | The Riverside | £1.2m |
| Mind in Salford | Salford | £1.2m |
| Life Cycle | Bristol | £1.2m |
| Seed Madagascar | London | £1.2m |