Our Annual Report and Accounts for 2021

Read our 2021 Annual Report, which gives an overview of our operations, funding and investments during 2021.

2021 was the first full year of putting our new strategy into action. We set out to play a more active role ourselves - using all our tools to effect broader change. Beyond our funding work, this includes using our ability to connect, convene, to influence decision-makers, and to commission research to understand the bigger picture and see what's on the horizon. You can see a breakdown of our spending towards our range of tools in the report.

It was one of our biggest years of grant spend: a total of £51.6m, which includes £3.9m as part of our ongoing response to COVID. For this, we chose to target our support to organisations in our portfolio working in the performing arts, as well as organisations led by and for communities experiencing racial inequity. We also commited £4.6m in social investment to 11 organisations.

Our endowment performed very well during the year, rising by 31.1% to £1.5bn. We're proud to be part of a movement of funders thinking about and taking action to use our endowments to create positive change. In 2021, this included the creation of a £10m allocation for testing the use of impact investing. We also commited to ensuring our investment portfolio will be net zero by 2040 at the latest.

We hope you find the report interesting. If you'd like to share feedback or have any questions about it, we'd love to hear from you. You can get in touch by email: communications@esmeefairbairn.org.uk.

Overview of 2021

  • £51.6m

    Total grant funding

  • 230

    Organisations awarded grants (excl. COVID, Funding Plus and TASK grants)

  • £4.6m

    Social investment committed to

  • £1.5bn

    Endowment total

Learning and Insights

  • Participatory City 1  (1).jpeg

    Insights from place-led funding

    Read our Insights report where we share learning from the place-led funding we’ve done over the past five years, which has informed and shaped our strategy in Creative, Confident Communities.

    Read more
  • Leicestershire Cares-CEYP canoeing June 2021.jpeg

    Young People Leaving Care funding: Insights from our Learning Programme

    As part of our support for organisations we fund through our Young People Leaving Care funding, we commissioned a Learning Programme to facilitate learning, collaboration and alliances between the funded organisations, and with Esmée ourselves. This Insights report outlines our approach and what we've learned so far.

    Read more
  • Resonance-Real Lettings Property Fund.JPG

    Building an impact-first social investment strategy

    We share what being impact-first means in practice and what we've learned.

    Read more
  • Diversity_Hackathon.jpeg

    Addressing the lack of diversity in the environment sector

    We're pleased to share a new report from our Involving Young People Collective summarising the discussions at a hackathon on addressing the lack of diversity in the environment sector. We also share our reflections on what we learned and our next steps for making progress on this.

    Read more
  • A fast response to COVID

    A fast response to COVID: challenging how we fund

    In a new Insights report, we share feedback on our emergency response to the COVID pandemic, one year on. We also reflect on how it's challenging how we fund and lessons for the future.

    Read more
Latest

You might be interested in

  • Woodland Trust-Smithills Estate-Still

    Developing our social investment strategy to support our mission

    Jonny Page, Esmée’s Head of Social and Impact Investment, outlines our plans for social investment and the opportunities it offers to support our mission.

    Read more
  • Spiderweb

    Testing a new approach to make New Connections

    We want to test a new approach to funding and are ringfencing £1.5m for New Connections funding to find and support organisations that could not, or would not, usually apply to Esmée. For the first phase in 2023 and 2024, we are starting with work led by and for communities experiencing racial inequity.

    Read more
  • Urban flowers in Sheffield ©Paul Hobson

    Pre-application Q&A webinar: 27 September 2023

    We hosted a pre-application Q&A webinar on 27 September for organisations interested in applying to Esmée for support who have questions about our application process or guidance. Catch up on the recording and see all the questions answered.

    Read more