THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS
To provide help for members, former members, and dependants of both members and ex-members of the Institution of Mechanical Engineers, who are in need.
Financial health, per its FY2025 accounts
The accounts state that total funds increased from £37,564,422 in 2024 to £42,282,103 in 2025. The charity holds unrestricted funds of £2,216,929 and maintains net current assets of £1,920,549, indicating a stable financial position with no stated material uncertainties.
What the accounts disclose
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 0 (FY2025).
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (12/09/2014)
Trustees
- Andrew Rowland
- Chukwuma Onunkwo
- David Price
- Farah Baksh
- Harshitha Manjula Rajappa
- Jodie Howlett
- Martin Burrows
- Robert Cuthbertson
- Tony Frater
- Wendy Garner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.7m | £1.1m |
| 31/12/2024 | £1.7m | £945k |
| 31/12/2023 | £1.3m | £1.0m |
| 31/12/2022 | £1.3m | £773k |
| 31/12/2021 | £1.3m | £729k |
Common questions
Is THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased from £37,564,422 in 2024 to £42,282,103 in 2025. The charity holds unrestricted funds of £2,216,929 and maintains net current assets of £1,920,549, indicating a stable financial position with no stated material uncertainties. Its FY2025 accounts were audited.
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- BENEVOLENT FUND OF THE INCORPORATED SOCIETY OF MUSICIANS
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS | £1.7m | — | 0 | unclear | — | no doubt |
| THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND | £107k | — | 0 | above | — | no doubt |
| ICE BENEVOLENT FUND | £1.7m | — | 1 | 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 |
| BENEVOLENT FUND OF THE INCORPORATED SOCIETY OF MUSICIANS | £354k | — | 0 | above | — | no doubt |