The Institute of Physics Benevolent Fund

Registered charity 209746 · accounts filings on the Charity Commission register · also known as INSTITUTE OF PHYSICS BENEVOLENT FUND, THE BENEVOLENT FUND ADMINISTERED BY THE INSTITUTE OF PHYSICS

The fund was formed in 1924. The sole object of the fund is: "To help necessitous persons who are or have been members of the Institute of Physics (whether subscribers or not), their wives, and children or widows or dependent relatives, or in exceptional cases, to help Physicists or the dependents who are not or have never been members of the Institute".

Objects

THE PRIMARY AIM OF THE CHARITY IS TO PROVIDE ELIGIBLE INDIVIDUALS AND SUCH OTHER PERSONS AS THE TRUSTEES MAY DETERMINE FROM TIME TO TIME WHO ARE FACING SERIOUS FINANCIAL HARDSHIP OR OTHER CRITICAL NEED WITH ASSISTANCE DESIGNED TO ALLEVIATE THE CAUSES OF THEIR ADVERSITY

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that total unrestricted reserves stood at £2,670,598, providing a strong net asset position. The trustees report that this position allows the charity to continue offering support for at least 12 months from the signing date. The charity maintains a reserves policy focused on safeguarding the investment fund's value rather than constraining grant disbursements by current income.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Risk management
• Safeguarding policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Trustees · trustee networks

• PROFESSOR JULIAN JONES OBEchair
• Brian Fulton
• Dr Gayle Calverley-Miles
• Professor Paul Hardaker
• Professor Stephen Frederick Keevil
• Professor Stuart Beaumont Palmer
• Yvonne Kavanagh

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

Operates in: Throughout England And Wales

Income and spending

Common questions