THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND
The Benevolent Fund makes grants and affords assistance to necessitous persons who are members or former members, or dependants of members or former members, of the Institution of Structural Engineers.
Financial health, per its FY2024 accounts
The accounts state that the charity held free/unrestricted reserves of £79,106 against a stated policy target of £1.90m to £2.30m, indicating reserves are significantly below the policy target. The total net assets were £2,107,977, with sufficient liquidity noted to meet financial obligations as they fall due.
What the accounts disclose
“investment income of £69,359 (2023: £59,021), a total of £113,180” — page 7
“cost of raising funds with support costs were £27,680 (2023: £24,275)”
“the Trustees have agreed a target for reserves of between £1.90m to £2.30m” — page 8
Trustees
- DR J M ROBERTS
- Lee John Gentry
- MR I G HILL
- MR J D PARSONS
- MR J M ALLEN
- MR M F RYLAND
- Nicholas Charles Wheeler
- Nigel Westwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £113k | £113k |
| 31/12/2023 | £103k | £140k |
| 31/12/2022 | £111k | £105k |
| 31/12/2021 | £74k | £152k |
| 31/12/2020 | £74k | £165k |
Common questions
Is THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity held free/unrestricted reserves of £79,106 against a stated policy target of £1.90m to £2.30m, indicating reserves are significantly below the policy target. The total net assets were £2,107,977, with sufficient liquidity noted to meet financial obligations as they fall due. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £1.2m |
| CSIS CHARITY FUND | 1 | £265k |
| THE THALES CHARITABLE TRUST | 1 | £156k |
Charities like this
- ICE BENEVOLENT FUND
- THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS
- THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND
- THE STOCK EXCHANGE BENEVOLENT FUND
- ROYAL ENGINEERS ASSOCIATION
- The British Airways Benevolent Fund
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND | £113k | — | 0 | unclear | 24.5% | no doubt |
| ICE BENEVOLENT FUND | £1.7m | — | 1 | unclear | — | no doubt |
| THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS | £1.7m | — | 0 | unclear | — | no doubt |
| THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND | £1.6m | £80,001 - £90,000 | 1 | above | — | no doubt |
| THE STOCK EXCHANGE BENEVOLENT FUND | £773k | — | — | unclear | — | no doubt |
| ROYAL ENGINEERS ASSOCIATION | £1.7m | £70,001 - £80,000 | — | unclear | — | no doubt |