Brings together: Ashoka, CAN, the Scarman Trust, SSE, Senscot, the Scottish network for social entrepreneurs and Comic Relief. It was given a £100m endowment by the Millenium Commission to fund pet projects and aid in the privatising of public services. 
Their board includes:
- Jeremy Oppenheim, Ashoka, McKinsey, World Bank
- Christopher Smallwood: Constitution Unit, Economic Adviser to the Treasury 1976-81, formerly BP, TSB, Economics Editor Sunday Times, formerly Brunswick Group now Barclays and the Monopolies and Mergers Commission.
- Kate Kirkland: Oxfam, SSE and Family Welfare Association.
- Andrew Mawson:CAN.
UnLtd wanted to turn itself into a bank (also the ambition of CAN) and lend the money rather than give it away. Now run by John Rafferty, once 'Tony Blair's most trusted ally in Scotland', who was briefly Chief of Staff and a Special Adviser to the late Donald Dewar. Rafferty ran Labour's campaign in Scotland with no reference to the Scottish party and he was tipped to be Dewar's chief of staff. After being 'controversially dismissed', he was 'pulled in' from TimeBank (also in the Mezzanine) as UnLtd's chief executive. Rafferty was head of the National Lottery Charities Board in Scotland (UnLtd's money comes from the Lottery via the Millennium Commission).
UnLtd retain Green-Haus for PR and lobbying services.
The UnLtd Board currently has 13 Trustees
- Jeremy Oppenheim (Chair of the Board) Jeremy is a Principal in the London Office and is European leader of McKinsey's non-profit practice. His main area of professional interest lies in how corporations and non-profits are reorganising to participate in a rapidly changing global economy. Prior to joining McKinsey, he worked at the Harvard Institute for International Development and joined the World Bank in 1987. He is also the Chair of Ashoka.
- Adele Blakebrough Adele Blakebrough is founder and director of the Community Action Network, a relationship and Internet-based network of social entrepreneurs. Prior to this, she was director of the nationally renowned Kaleidoscope project in Kingston upon Thames. Adele is an ordained Baptist minister and is Chief Commissioner for the Home Mission Fund (for the Baptist church) in London. Adele has broad experience of the voluntary sector but is also a well-known social entrepreneur and a Common Purpose graduate.
- John Brown (UnLtd Treasurer) John has spent 20 years in the venture capital and private equity industry and was latterly the Deputy Managing Director of Cinvin which was the private equity arm of the British Coal Pension Funds. He left Cinvin in 2001 to spend time working in the voluntary sector and since then he has been either the treasurer or trustee of a rage of organisations including Trekforce, Box Clever Theatre Company, Evelyn Oldfield Unit, East London Small Business Centre, London Detainee Support Group and First Rung.
- Norman Cumming (Trustee and Chairman of the Unltd Investment Committee) Norman has two decades of investment experience and is currently a partner in Makinson Cowell, a capital markets advisory firm. Norman has previously worked for HM Treasury, Shell and was the Managing Director for UBS Global Asset Management. Norman has a first class honours degree from Cambridge and is married with four children.
- Laurence Demarco (Senscot and Trustee of Scotland UnLtd) Laurence has wide experience of community development in Scottish housing estates, and a commitment to local empowerment and decision-making. A free-lance consultant since 1990, Laurence works directly for community groups round Scotland. In 1999 he co-founded Senscot (Social Entrepreneurs Network Scotland) and is its current director.
- Liz Firth (Comic Relief) Liz became Grants Director of Comic Relief in September 1999, with overall responsibility for all Comic Relief's grants programmes internationally and in the UK; ensuring a leading approach to grant making and management, exploring the sector and developing new approaches. She has worked in the UK voluntary sector for more than 20 years.
- Anthony Freeling (Trustee and member of UnLtd Ventures Committee) Anthony is a Senior Adviser to McKinsey where he was employed for 18 years latterly as a Senior Partner. He has written and spoken extensively on marketing related issues and he is on the Editorial Board of Market Leader. Anthony is passionately interested in the development of UnLtd and recently became a member of the Ventures Committee.
- Mohammed Mamdani Mohammed is UnLtd’s youngest ever trustee. He set up the Muslim Youth Helpline (MYC) when he was only 18 and has won a serious of prestigious awards for his achievements, including the Whitbread Young Achievers Award. The MYC is a confidential telephone service that is aimed at helping Muslim youth to discover their identity in the face of religious and cultural diversity in Britain.
- Michael Norton, OBE (Changemakers & UnLtd Investment Committee) Michael Norton is the founder and former Director of Directory of Social Change, the UK's leading agency providing information, training and support to voluntary organisations. He was a founder and Executive Chair of Changemakers. He is also the founder of YOUTHBANK, Chair of the International Year of Volunteers 2001 Youth Committee, Chair of Transform Africa and a Trustee of the Institute for Social Inventions.
- Tanya Pein (Trustee, member of UnLtd Investment Committee, Ventures committee and Research steering group) Tanya is a coach in personal finance, and writer and broadcaster on financial education. Previously she ran businesses in 10 countries for the media group Bertelsmann and was a non-executive director and consultant to retail, mail order and new media companies. She went to school in Toxteth and graduated from Cambridge. Her voluntary experience includes the British Youth Council and the first UK campaign to recruit ethnic minority bone marrow donors.
- Professor Martyn Williams (Trustee) Martyn Williams is an experienced general manager, venture capitalist and faculty member of London Business School, where he is a Director of the Foundation for Entrepreneurial Management. He recently co-founded a £30m early-stage technology venture capital fund, where he remains Chair of the Investment Committee. He is an active angel investor and holds a number of non-exec positions.
- Louise Willington Educated at Oxford University and Harvard Business School, Louise spent some time as a consultant before being introduced to the sector through her work with a Boston based venture philanthropy fund which invests in not-for-profit organisations. Since 2002 she has been a Policy Adviser in the Enterprise Team at the HM Treasury where she works closely with Enterprise Insight and sits on the Board of the Phoenix Fund.
- Alastair Wilson (SSE) Appointed as the new Chief Executive Officer of the SSE in October 2004. Prior to training at the School for Social Entrepreneurs, Alastair worked for six years for ICL throughout the UK, in the US and in Australia. His last year with ICL was spent as a Business Development Manager, where he was responsible for creating partnerships with public and voluntary organisations to develop the "Cyberskills Model", a franchised framework for raising awareness and developing the skills associated with new technologies, for those who would traditionally be excluded from participation.