The Hargreaves Foundation Launched

The Foundation will have the specific objective of providing financial support to help the disabled and underprivileged lead a full life through engagement in education, sport and associated activities, with an initial focus on assisting those who are under 18.

The Foundation will be funded through a transfer of shares held by Peter Hargreaves in Hargreaves Lansdown plc to the Foundation. The value of the transfers in the first year will be approximately £100 million with the intention of further meaningful grants over time. The initial shares transferred will be held by the Foundation for at least a two year period with the dividend income from these shares available for grant spending in line with the Foundation’s objectives.

View the full announcement and more information here:

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Registered Charity Number 1107013
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