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The £60m Foundation Spending Its Own Capital

2 min read

The Esmée Fairbairn Foundation is one of Britain’s largest grant-makers. By its own charity filings it is spending money in a way that should stop most people: £60.7 million out, £8.9 million in, in the same year.

It is not a charity living within its means. It is a permanent endowment drawing down its own capital — financing the movement infrastructure with money accumulated over decades.

The numbers

From the Charity Commission register:

Where the money goes

From the foundation’s own published grants data:

A pattern emerges: large sums into electoral-mobilisation and community-organising infrastructure — the groups that get people to the polls, train activists, and shape the public square.

The board

The trustees include Dame Clare Moriarty — former Permanent Secretary at Defra and DExEU, now chief executive of Citizens Advice. The revolving door between the civil service machine and the grant-making machine, in the flesh.

The point

£60m a year being spent from a capital pot to fund campaigning infrastructure, while the foundation earns a fraction of what it gives away. This is not philanthropy as most people understand it. It is a large, permanent, self-perpetuating machine quietly financing the organised Left.

And it is all on the public record — if you know where to look.