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The Social Market Foundation

Also known as: S M F, Smf

Holding events, conducting research and publication of books to promote public discussion on the performance of markets and the social framework in which they operate, with the aim to influence the development of policy to promote the effective operations of markets with due regard to social justice.

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Activities & Mission

Holding events, conducting research and publication of books to promote public discussion on the performance of markets and the social framework in which they operate, with the aim to influence the development of policy to promote the effective operations of markets with due regard to social justice.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Financial Information

Latest Income
£1,130,653
Latest Expenditure
£1,045,037

Financial Efficiency

Program Ratio 8.4%
% of income going directly to charitable activities

Higher than 3% of UK Arts charities with income £1M to £10M (sample: 780). How is this calculated?

Overall Efficiency 9.1%
% of expenditure going to programs (vs overhead)

Higher than 1% of UK Arts charities with income £1M to £10M. How is this calculated?

Administrative Ratio 91.7%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 1% of UK Arts charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £50,000
Charitable Activities £1,080,249
Other Trading £404
Investments £0
Other Income £0

Expenditure Categories

Charitable Expenditure £94,871
Raising Funds £950,166
Governance £7,664
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2025
£1,130,653
£1,045,037£94,871£438,475£438,47515 / 0
2024
£951,287
£961,411£84,541£352,859£352,85914 / 0
2023
£1,054,861
£977,559£96,983£362,983£362,98314 / 0
2022
£857,605
£822,459£822,459£285,681£279,54412 / 0
2021
£696,610
£689,339£689,339£250,535£250,53511 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about The Social Market Foundation

What does The Social Market Foundation do?

Holding events, conducting research and publication of books to promote public discussion on the performance of markets and the social framework in which they operate, with the aim to influence the development of policy to promote the effective operations of markets with due regard to social justice.

How much income did The Social Market Foundation report in 2025?

The Social Market Foundation reported total income of £1.13m and reported expenditure of £1.05m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

How efficient is The Social Market Foundation?

The Social Market Foundation has a program ratio of 8.4%, meaning that share of its income goes directly to charitable activities. This is higher than 3% of UK Arts charities with income £1M to £10M (sample of 780 charities). See our methodology for how this is calculated.

When was The Social Market Foundation registered as a charity?

The Social Market Foundation was registered with the Charity Commission for England and Wales on 15 November 1990 as charity number 1000971. It has been registered for 36 years.

Who runs The Social Market Foundation?

The Social Market Foundation is governed by a board of 8 trustees. The chair of trustees is Dr Wendy Ann Thomson. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The Social Market Foundation operate?

The Social Market Foundation operates in England And Wales, as recorded in its Charity Commission filing.

Is The Social Market Foundation a registered charity?

Yes — The Social Market Foundation is a registered charity in England and Wales, charity number 1000971.

Details

Address
Millbank Tower
21-24 MILLBANK
London
SW1P 4QB
Registration Date
15 November 1990
Status
Registered

Registry Information

Organisation Number
1000971
Charity Number
1000971

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Trustees

Dr Wendy Ann Thomson Chair
Baroness Rosalind Mary Grender
Caroline Fiona Jessica Escott
DR Timothy Paul Bale
Gregory David Clark
Also governs 1 other charity
Jessica Redmond-Withey Asato
Also governs 1 other charity
Melville Francisco Rodrigues
Thomas John Ebbutt
Also governs 1 other charity

Sectors & Classifications

Also Known As

  • S M F
  • Smf

Data & trust

Register data refreshed
14 May 2026
Report a data issue