THE STOCK EXCHANGE BENEVOLENT FUND
The principle object of the Benevolent Fund continues to be the relief of cases of need or distress among former members of the Stock Exchange and their dependants.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus for the year of £1,061,196, driven by a significant net gain on investments of £1,432,022. Per the trustees' report, unrestricted reserves stood at £24,274,282, which is well above the stated policy target of approximately £15,000,000. The charity maintains a strong liquidity position with £676,462 in cash and liquid investments at year-end.
What the accounts disclose
“an unrestricted general reserve of approximately £15,000,000 (equivalent to ten years of our expenditure at present levels) should currently be maintained” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANDREW MICHAEL IMPEY
- JAMIE MATHESON
- Julian Scott Palfreyman
- MICHAEL LILWALL
- Nicholas Weston Wells
- RUPERT NIGEL KENDALL BARON
- Richard Killingbeck
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £773k | £1.1m |
| 31/12/2023 | £804k | £1.6m |
| 31/12/2022 | £1.1m | £1.3m |
| 31/12/2021 | £725k | £1.2m |
| 31/12/2020 | £628k | £1.1m |
Common questions
Is THE STOCK EXCHANGE BENEVOLENT FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus for the year of £1,061,196, driven by a significant net gain on investments of £1,432,022. Per the trustees' report, unrestricted reserves stood at £24,274,282, which is well above the stated policy target of approximately £15,000,000. The charity maintains a strong liquidity position with £676,462 in cash and liquid investments at year-end. Its FY2024 accounts were audited by Lubbock Fine LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CSIS CHARITY FUND | 2 | £350k |
| THE THALES CHARITABLE TRUST | 1 | £156k |
| THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST | 1 | £27k |
| UNSEEN (UK) | 1 | £15k |
| G F EYRE CHARITABLE TRUST | 1 | £800 |
Charities like this
- ICE BENEVOLENT FUND
- BT BENEVOLENT FUND
- THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND
- LLOYD'S BENEVOLENT FUND
- The British Airways Benevolent Fund
- THE CIVIL SERVICE BENEVOLENT FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE STOCK EXCHANGE BENEVOLENT FUND | £773k | — | — | unclear | — | no doubt |
| ICE BENEVOLENT FUND | £1.7m | £60,001 - £70,000 | 1 | above | — | no doubt |
| BT BENEVOLENT FUND | £1.6m | — | 0 | above | — | no doubt |
| THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND | £113k | — | 0 | unclear | 24.5% | no doubt |
| LLOYD'S BENEVOLENT FUND | £425k | — | 0 | unclear | — | no doubt |
| The British Airways Benevolent Fund | £120k | — | 0 | above | — | no doubt |