This report concluded that:

  • Ten foundations are responsible for nearly 90 per cent of social investment by charitable trusts and foundations in the UK.
  • Charitable foundations, even those with large endowments, often have small staff teams, which makes it difficult for them to get involved with social investment, the briefing says
  • ACF data shows that most foundations with endowments of up to £50m have no staff or operate with trustees supported by a single, sometimes part-time employee.