THE TOBACCO PIPE MAKERS AND TOBACCO TRADE BENEVOLENT FUND
We are a grant-making charity, focusing on: the advancement of education; the advancement of the arts, culture, heritage or science; the relief of those in need because of youth, age, ill-health, disability, financial hardship or other disadvantage; charities with stong links to the City of London Livery movement; and charities relating to current or former members of the Armed Services.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased significantly to £4,446,787 due to the transfer of the Welfare and Bernhard Baron funds to the National Grocers Benevolent Fund. The charity holds unrestricted reserves of £4,281,558 and maintains cash reserves equivalent to 50-75% of one year's giving to mitigate investment volatility. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees hold the equivalent of 50-75% of one year's giving in the bank account of the General Fund, to mitigate the impact of financial market volatility on the Fund's investments and enable giving to continue if investment income were to fall sharply.”
Funders the charity credits
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (23/04/2015)
- Received assets from another charity (15/08/2011)
Trustees
- Jeremy Louis Merton
- Jonathan Fell
- Judith Donovan CBE
- Laurent Charbonnier
- Marie Adelaide Grizella Cooper
- Nicola Snook
- Roger Jason Brookes
- Sharon Claire Taberer
- Susan Patricia Curran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £333k | £6.3m |
| 31/03/2024 | £979k | £569k |
| 31/03/2023 | £419k | £504k |
| 31/03/2022 | £345k | £412k |
| 31/03/2021 | £426k | £398k |
Common questions
Is THE TOBACCO PIPE MAKERS AND TOBACCO TRADE BENEVOLENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased significantly to £4,446,787 due to the transfer of the Welfare and Bernhard Baron funds to the National Grocers Benevolent Fund. The charity holds unrestricted reserves of £4,281,558 and maintains cash reserves equivalent to 50-75% of one year's giving to mitigate investment volatility. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JACK PETCHEY FOUNDATION | 1 | £24k |
| BRIGHOUSE WEST YORKSHIRE AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN | 1 | £8k |
Charities like this
- WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND
- THE STOCK EXCHANGE BENEVOLENT FUND
- THE SIR JAMES RECKITT CHARITY
- THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST
- SOUTHWARK, ARUNDEL & BRIGHTON BRETHREN CIO
- DOLLOND CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TOBACCO PIPE MAKERS AND TOBACCO TRADE BENEVOLENT FUND | £333k | — | 0 | above | — | no doubt |
| WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND | £262k | — | 0 | unclear | — | no doubt |
| THE STOCK EXCHANGE BENEVOLENT FUND | £773k | — | — | unclear | — | no doubt |
| THE SIR JAMES RECKITT CHARITY | £1.8m | — | 0 | below | — | no doubt |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | £192k | — | 0 | unclear | — | no doubt |
| SOUTHWARK, ARUNDEL & BRIGHTON BRETHREN CIO | £130k | — | 0 | unclear | — | no doubt |