Our philanthropy programme has three main portfolios:
Portfolio 1 – Maths and Science Excellence
As a tech company, we are focused on maths and science excellence, where we aim to support more students to progress to degrees, PhDs and highly-skilled careers, especially those from disadvantaged backgrounds.
We have a wide-ranging portfolio that includes direct funding for charities, such as In2Science, Mathematics Mastery and Stemettes. We are also partnering with Purposeful Ventures to incubate new programmes, including Martingale Foundation and the Maths Excellence Fund.
Looking beyond the UK, we support various initiatives that focus on exceptional talent, including African Science Academy, Global Talent Lab and the International Mathematical Olympiad.
Portfolio 2 – Support for Ukraine
Since the outbreak of the war in Ukraine, we have donated to a wide range of humanitarian relief efforts, from large agencies like The Halo Trust to local volunteer charities such as Ukraine Trust Chain. As part of this work, we joined forces with UBS to establish a match fund of over $20mn.
Following requests for help from the scientific community, we created a £15mn Academic Sanctuaries Fund to supports students, researchers and universities affected by the war. This fund supported hundreds of people and dozens of universities globally, and is now fully committed.
We have recently launched a new £7.5mn Ukrainian Global Excellence Fund. The fund will promote excellence across Ukrainian academia, particularly focusing on the many institutions that have the potential to develop as national, regional and global leaders in research. Please click here for more details.
Portfolio 3 - Maximum Impact Giving
As a data-driven organisation, we want to fund charities that have an exceptional case for impact and where donations will maximise expected value to society.
We are partnering with Founders Pledge to support this maximum impact giving. They carry out extensive research and due diligence, and then recommend the highest impact grants, many of which are in developing countries.
In 2022, XTX Markets made grants of £7mn to 15 charities, focusing especially on education and global development. This includes grants to Imagine Worldwide and TaRL Africa (education) and Evidence Action and Hellen Keller Foundation (global development).