When Nesta became a charity, the old Non-Departmental Public Body was abolished, and two new bodies were established:
• Nesta (the charity or Nesta the operating company), which carries out Nesta’s day to day activity including its research work and practical programmes.
• The Nesta Trust – a separate charitable trust. The endowment is now held in this trust, which is overseen by a 'Protector' appointed by Government.
Nesta is the trustee of the Nesta Trust and will continue to use the return from the endowment to meet the charitable objects of the Trust.
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Nesta Operating Company, a company limited by guarantee registered in England and Wales with company number 7706036 and charity number 1144091. Registered as a charity in Scotland number SC042833.
