Contact person
Harmony Chan

The Joseph Rowntree Foundation is an independent social change organisation that works to speed up and support the transition to a more equitable and just future, free from poverty, in which people and planet can flourish.

We are driven by the unshakeable belief that poverty can be solved in the UK. We focus on 4 themes of: 

1)    Work, technology and markets;
2)    Care, family and relationships;
3)    Housing and land; and,
4)    Assets and wealth. 

Since 2015, 5% (currently set at £20 million) of JRF’s endowment has been allocated to fund social investment. Our social investments are a mix of direct and fund investments, supporting organisations that further JRF’s overarching charitable mission through their operating activities. From 2015 through 2022, JRF committed c.£14.6 million to 32 social investments.

 

Our Case Studies

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Lightning Reach team photo
Lightning Reach

Lightning Reach is a financial support portal which makes it easy for people to find and apply for a wide range of personalised support (including grants, benefits, help with bills and other resources) in one place. The platform can be used by organisations to streamline or enhance the support they offer to vulnerable customers, using innovative technology like open banking and ID verification, or by individuals seeking to improve their financial wellbeing. Lightning Reach has registered >100,000 users and enabled >£10m in funding to individuals. Partners include The Royal British Legion, Lambeth Council, British Gas Energy Trust, TSB and more.

Duration
NA
Cost of capital
NA Equity (2% of business)
Turnover
£330,000
Amount invested
£100,000 (part of £1m package)
Year of investment
2023
Investor
Joseph Rowntree Foundation
  • Product type
    Equity investment