ICE BENEVOLENT FUND

Registered charity 1126595 · accounts filings on the Charity Commission register · also known as THE BENEVOLENT FUND OF THE INSTITUTION OF CIVIL ENGINEERS

To afford assistance to members and former members of The Institution of Civil Engineers who are in need and to their dependants

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£1.7m
Latest spending
£1.6m
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £26,278,165 at the end of the year, with total charity funds reaching £30,278,165. The filing reports a net income excluding investment gains of £106,130 and notes that the excess of income over expenditure for the year was £106,130. Per the trustees' report, the charity had a good year overall despite a small drop in the number of donors.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 1
“One member of staff received emoluments in excess of £60,000 per annum in the year.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Institution of Civil Engineers enters into transactions with its connected charity, the ICE Benevolent Fund. The nature of the transactions includes the collection of donations from the Institution’s members on behalf of the ICE Benevolent Fund and provision by the Institution of financial, HR, database, and IT services. During 2025 the donations with subscriptions collected by the Institution of Civil Engineers on behalf of the ICE Benevolent Fund totalled £210,397 (2024: £233,810) and the management fee paid to the Institution of Civil Engineers was £42,120 (2024: £39,588). The balance due to the Institution of Civil Engineers on 31 December 2025 was £16,208 (2024: £83,944).
“The Institution of Civil Engineers enters into transactions with its connected charity, the ICE Benevolent Fund. The nature of the transactions includes the collection of donations from the Institution’s members on behalf of the ICE Benevolent Fund and provision by the Institution of financial, HR, database, and IT services. During 2025 the donations with subscriptions collected by the Institution of Civil Engineers on behalf of the ICE Benevolent Fund totalled £210,397 (2024: £233,810) and the management fee paid to the Institution of Civil Engineers was £42,120 (2024: £39,588). The balance due to the Institution of Civil Engineers on 31 December 2025 was £16,208 (2024: £83,944).” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Public fundraising profile: JustGiving — The Benevolent Fund of ICE (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.7m
Total spending
£1.6m
Cost of raising funds
£291k
Reserves (reported)
£26.3m
Employees
5

Reported reserves equal ~202.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 17.5% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · Belgium · Canada · Cyprus · Hong Kong · India · Ireland · Kenya · Lebanon · New Zealand · Nigeria · Northern Ireland

Income and spending

Financial year endIncomeSpending
31/12/2025£1.7m£1.6m
31/12/2024£1.7m£1.5m
31/12/2023£2.0m£1.5m
31/12/2022£1.3m£1.4m
31/12/2021£1.5m£1.1m

Common questions

Is ICE BENEVOLENT FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £26,278,165 at the end of the year, with total charity funds reaching £30,278,165. The filing reports a net income excluding investment gains of £106,130 and notes that the excess of income over expenditure for the year was £106,130. Per the trustees' report, the charity had a good year overall despite a small drop in the number of donors. Its FY2025 accounts were audited by Forvis Mazars LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CSIS CHARITY FUND1£265k
THE THALES CHARITABLE TRUST1£156k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ICE BENEVOLENT FUND£1.7m—1unclear—no doubt
THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND FY2025£107k—0above—no doubt
THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS FY2025£1.7m—0unclear—no doubt
THE STOCK EXCHANGE BENEVOLENT FUND FY2024£773k——unclear—no doubt
THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND FY2024£279k—0unclear—no doubt
THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND FY2025£1.6m£80,001 - £90,0001above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.