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BT BENEVOLENT FUND

Registered charity 212565 · accounts filings on the Charity Commission register · also known as BRITISH TELECOM BENEVOLENT FUND

The object of the charity, as set out in its constitution, is the relief of financial hardship among BT employees past and present and their dependants and this is the principle activity.

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£1.6m
Latest spending
£1.1m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with a significant surplus of £472,762 and holds unrestricted reserves of £7,247,682, which the trustees consider more than adequate to cover administration costs for a considerable period. The trustees note that while the donor base is gradually decreasing, the charity maintains a sound financial position secured by a diversified investment portfolio valued at £7,229,921.

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

What the accounts disclose

Largest income source: Individual donations (46% of income)
“Regular donations from individuals accounted for 46% (2024: 57%) of total income.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: one year's administration and support costs (held: £7.2m)
“The trustees consider it prudent that unrestricted reserves should be sufficient to cover a minimum of one year's administration and support costs.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 5 of 6 completeness components.

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

Total income
£1.6m
Total spending
£1.1m
Cost of raising funds
£105k
Reserves (reported)
£7.2m
Employees
7

Reported reserves equal ~80.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 6.7% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.6m£1.1m
31/12/2024£1.2m£982k
31/12/2023£1.3m£1.0m
31/12/2022£1.2m£808k
31/12/2021£1.1m£773k

Common questions

Is BT BENEVOLENT FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with a significant surplus of £472,762 and holds unrestricted reserves of £7,247,682, which the trustees consider more than adequate to cover administration costs for a considerable period. The trustees note that while the donor base is gradually decreasing, the charity maintains a sound financial position secured by a diversified investment portfolio valued at £7,229,921. Its FY2025 accounts were audited by Saffery LLP.

Who funds BT BENEVOLENT FUND?

Funders whose own accounts filings name BT BENEVOLENT FUND as a grant recipient include CSIS CHARITY FUND.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
CSIS CHARITY FUNDFY2023£25kGeneral welfare grants including Winter Fuel payments.
CSIS CHARITY FUNDFY2025£20kFor general grant making purposes
CSIS CHARITY FUNDFY2022£20kSupport for welfare payments to BT pensioners and current and ex-employees
CSIS CHARITY FUNDFY2024£20kGeneral welfare grants including Winter Fuel payments.

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
THE THALES CHARITABLE TRUST1£156k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE STOCK EXCHANGE BENEVOLENT FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BT BENEVOLENT FUND£1.6m—0above—no doubt
THE STOCK EXCHANGE BENEVOLENT FUND FY2024£773k——unclear—no doubt
The British Airways Benevolent Fund FY2024£120k—0above—no doubt
THE BANKERS BENEVOLENT FUND FY2025£2.5m£120,001 - £125,000—unclear—no doubt
THE CIVIL SERVICE BENEVOLENT FUND FY2025£5.6m£120,001 - £130,0006above—no doubt
ICE BENEVOLENT FUND FY2025£1.7m—1unclear—no doubt

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