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The Varkey Foundation

Also known as: The Varkey Gems Foundation, Vgf

The Varkey Foundation exists to improve education for underprivileged children throughout the world. The Foundation's charitable activities include the delivery of programmes to build the capacity of teachers and school leaders and advocacy for the status of the teaching profession.

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Activities & Mission

The Varkey Foundation exists to improve education for underprivileged children throughout the world. The Foundation's charitable activities include the delivery of programmes to build the capacity of teachers and school leaders and advocacy for the status of the teaching profession.

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
£4,445,465
Latest Expenditure
£4,398,371

Financial Efficiency

Program Ratio 98.9%
% of income going directly to charitable activities

Higher than 69% of UK Beneficiary group charities with income £1M to £10M (sample: 3130). How is this calculated?

Overall Efficiency 100.0%
% of expenditure going to programs (vs overhead)

Higher than 100% of UK Beneficiary group charities with income £1M to £10M. How is this calculated?

Administrative Ratio 1.5%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 58% of UK Beneficiary group 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 £1,005,477
Charitable Activities £3,102,802
Other Trading £322,180
Investments £0
Other Income £15,006

Expenditure Categories

Charitable Expenditure £4,398,371
Raising Funds £0
Governance £64,145
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
£4,445,465
£4,398,371£4,398,371£629,208£629,20829 / 0
2024
£3,190,291
£3,503,349£3,503,349£493,795£493,79533 / 0
2023
£1,674,748
£2,164,201£2,164,201£848,748£848,74834 / 0
2022
£3,359,405
£3,766,887£3,766,887£1,230,456£1,164,18436 / 0
2021
£2,434,021
£3,485,537£3,485,537£1,637,938£1,571,66660 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about The Varkey Foundation

What does The Varkey Foundation do?

The Varkey Foundation exists to improve education for underprivileged children throughout the world. The Foundation's charitable activities include the delivery of programmes to build the capacity of teachers and school leaders and advocacy for the status of the teaching profession.

How much income did The Varkey Foundation report in 2025?

The Varkey Foundation reported total income of £4.45m and reported expenditure of £4.40m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

How efficient is The Varkey Foundation?

The Varkey Foundation has a program ratio of 98.9%, meaning that share of its income goes directly to charitable activities. This is higher than 69% of UK Beneficiary group charities with income £1M to £10M (sample of 3130 charities). See our methodology for how this is calculated.

When was The Varkey Foundation registered as a charity?

The Varkey Foundation was registered with the Charity Commission for England and Wales on 16 December 2011 as charity number 1145119. It has been registered for 15 years.

Who runs The Varkey Foundation?

The Varkey Foundation is governed by a board of 2 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The Varkey Foundation operate?

The Varkey Foundation operates across 5 areas, including Argentina, Ghana, Uganda and 2 others. The full list is shown on its profile.

Is The Varkey Foundation a registered charity?

Yes — The Varkey Foundation is a registered charity in England and Wales, charity number 1145119.

Details

Address
C/O Sedulo
Office 605
Albert House
256-260 Old Street
London
EC1V 9DD
Registration Date
16 December 2011
Status
Registered

Registry Information

Organisation Number
5022242
Charity Number
1145119

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Trustees

Jay Sunny Varkey
Marc Nicholas Fabian Boxser

Also Known As

  • The Varkey Gems Foundation
  • Vgf

Data & trust

Register data refreshed
14 May 2026
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