Big changes start locally

Grants awarded

Funded projects

The Virgin Money Foundation promotes the sustainable regeneration of economically and socially deprived communities.

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

Red map pinNorth East Fund

Blue map pin2Ripple Fund

Yellow map pin#iwill

Green map pinMaking a Splash

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.
  • 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, 78 community organisations have been awarded 114 grants between £10,000 and £50,000. 43 awards have been made to organisations working with homeless people totalling £1,639,913, 50 awards have been made to organisations working with young people totalling £1,900,966 and 21 awards have been made to social enterprises totalling £727,159.

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 eight community organisations have been awarded a total of £1,547,943 to help create a ripple effect in their local communities.

Two ladies gazing upwards


The #iwill Take Action Fund aims to support the ambition of a lifetime commitment to social action, increasing the number of opportunities for young people to volunteer and fundraise for or campaign on issues that are important to them. The #iwill fund has a commitment to reducing the social and financial barriers that stop some young people from taking part in social action.

Since the launch of our #iwill Take Action Fund in 2017 we have awarded 22 grants totalling £1,387,763 to organisations based in the North East supporting some of the hardest to reach young people in our region to engage in social action.

Two ladies gazing upwards

Making a Splash Fund

The Making a Splash grants programme supported ambitious locally-led voluntary, community or social enterprises that wanted to explore new ways of working within the community or generating income and, by doing so, achieve greater impact.

Since the launch of our Making a Splash Fund in 2018, nine community organisations across Norfolk have been awarded a total of £382,509.

Successful applicants were also paired with a volunteer from Virgin Money to ensure they made the most from their relationship with the Virgin Money Foundation.

Make £5 Grow

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 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.

360 Giving