PRS MEMBERS' FUND
The PRS Members' Fund is able to provide help to PRS members, ex-members, and their dependants who are in need worldwide, whether through sickness, accident, or financial hardship. The Fund can provide regular financial support, one-off grants, loans, assistance with housing solutions, mental health support, and career change advice for eligible members.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds decreased from £17,514,999 to £18,611,768, driven by a significant £1,344,633 gain on investments which offset a net expenditure of £232,864. The charity maintains a reserves policy targeting £520,000, against actual free reserves of £25,133, indicating reserves are below the stated policy target.
What the accounts disclose
“Under the policy, the Fund aims to maintain general reserves of £500,000 to cover core operational expenditure, together with an additional £20,000 provision for potential legal and regulatory costs.” — page 18
Leadership, per the charity’s website
- Philip Pope — Chairman
- Peter Glenister — Deputy Chair
- John Logan — General Secretary
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (30/03/2020)
Trustees
- Darren Michaelson
- Deni Lew
- Dr Peter Wilfred Glenister
- Ian Penman
- John Truelove
- Kim Frankiewicz
- Mike Stobbie
- Naomi Asher
- PAUL LESLIE PATTERSON
- Peter Knight Jr
- Peter Woodroffe
- Philip Robert Pope
- Simon Howard Platz
- Vanessa Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.4m | £1.7m |
| 31/12/2024 | £1.4m | £1.5m |
| 31/12/2023 | £1.1m | £1.1m |
| 31/12/2022 | £1.6m | £856k |
| 31/12/2021 | £832k | £1.1m |
Common questions
Is PRS MEMBERS' FUND financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds decreased from £17,514,999 to £18,611,768, driven by a significant £1,344,633 gain on investments which offset a net expenditure of £232,864. The charity maintains a reserves policy targeting £520,000, against actual free reserves of £25,133, indicating reserves are below the stated policy target. Its FY2025 accounts were audited by UHY Hacker Young.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MICHAEL BISHOP FOUNDATION | 1 | £1.2m |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £104k |
| The Goldsmiths' Foundation | 1 | £6k |
| THE WORSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE FUND | 1 | £6k |
| SALTERS' CHARITABLE FOUNDATION | 1 | £4k |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | 1 | £3k |
| TALLOW CHANDLERS BENEVOLENT FUND NO 2 | 1 | £3k |
| The Merchant Taylors' Foundation | 1 | £2k |
Charities like this
- IPROVISION THE CHARTERED INSTITUTE OF PUBLIC RELATIONS (CIPR) BENEVOLENT FUND
- PRISON SERVICE CHARITY FUND
- THE PERFORMING RIGHT SOCIETY FOUNDATION
- The Physiotherapy Benevolent Fund
- THE ASSIST FUND
- ASSOCIATION OF PAKISTANI PHYSICIANS AND SURGEONS OF THE UNITED KINGDOM FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PRS MEMBERS' FUND | £1.4m | — | 0 | unclear | — | no doubt |
| IPROVISION THE CHARTERED INSTITUTE OF PUBLIC RELATIONS (CIPR) BENEVOLENT FUND | £169k | — | 0 | within | — | no doubt |
| PRISON SERVICE CHARITY FUND | £170k | — | 0 | unclear | — | no doubt |
| THE PERFORMING RIGHT SOCIETY FOUNDATION | £5.1m | £70,001 - £80,000 | 1 | above | 2.1% | no doubt |
| The Physiotherapy Benevolent Fund | £136k | — | 0 | unclear | — | no doubt |
| THE ASSIST FUND | £1.1m | — | 0 | unclear | — | no doubt |