Big changes start locally

Grants awarded

Funded projects

The Virgin Money Foundation promotes the sustainable regeneration of economically and socially deprived communities. In August 2015 the Foundation launched its first £1 million round of the North East Programme followed by a second round in 2016. 46 community organisations have been awarded 53 grants between £16,830 and £50,000.

Use the map to see information about projects we've funded to date.

Red map pinNorth East Fund

Blue map pin2Ripple Fund

North East Fund

The North East Fund asked for applications that promoted long-term change in communities that need it most by:

  • Enabling homeless people or people at risk of homelessness to find a home. The Foundation is particularly interested in supporting applications from organisations working to increase the supply of good quality, affordable rented properties.
  • Providing opportunities for young people to secure sustainable employment.
  • Creating and supporting community and social enterprises that bring money and jobs into a deprived community.

Since the launch of our North East Fund in 2015 46 community organisations have been awarded 53 grants between £16,830 and £50,000. 20 organisations working with homeless people have received £769,063, 20 youth work organisations have received £772,587 and 13 social enterprises have received £422,349.

A man and young person working in collaboration

Ripple Fund

We want to see vibrant, flourishing and diverse local communities. We believe that change is possible and is most successful when it starts locally. By supporting sustainable regeneration in local communities, we enable activity that has a ripple effect beyond its immediate context, inspires lasting change, strengthens economies and has a positive impact on society as a whole.

Each year, we aim to deploy up to £1 million through the Ripple Fund, split between a very small number of projects that will make the biggest difference to their community and achieve lasting change. Our intention is to survey a broad range of organisations working to regenerate local communities and to draw from these those that are the closest fit to the Foundation’s ambitions generally and for the Ripple Fund specifically.

Since the launch of our Ripple Fund in 2016 three community organisations have been awarded a total of £768,508 to help create a ripple effect in their local communities

Two ladies gazing upwards

Open data

Virgin Money Foundation is committed to transparency and we work with 360Giving to publish information about our grants. We believe that with better information, grantmakers can be more effective and strategic decision-makers. 360Giving provides support for grantmakers to publish their grants data openly, to understand their data, and to use the data to create online tools that make grant-making more effective. For more information, visit

Using the 360Giving data standard, our 2015 and 2016 awarded grants are available as a .csv here.

This work is licensed under the Creative Commons Attribution 4.0 International License. To view a copy of this license, visit The data must be attributed to Virgin Money Foundation.

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