THE DAIN FUND
The Fund provides grants to support medical doctors' children only. Most grants are for education expenses and are made when an unexpected financial crisis occurs in the family or the family is on a low income. It can help children in the state and private sectors and university students. The Fund is also able to assist when children have disability needs.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves totalled £1,453,176, which is above the charity's stated policy target of approximately one year’s operating expenditure. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total assets less current liabilities of £2,436,178.
What the accounts disclose
“It is the policy of the Charity that it should hold unrestricted reserve cash funds at a level which equates to approximately one year’s operating expenditure.” — page 5
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
“The Dain Fund receives free use of office accommodation from the BMA. A gift in kind value has been placed on this donation of £2,500” — page 18
“The Dain Fund and the BMA Charities Trust Fund share the cost of employees whose salaries are apportioned across the two charities at an agreed percentage” — page 12
Register events
- Received assets from another charity (30/12/2019)
Trustees
- Dr Bhinder Singh Jheetachair
- Dr Philip Downing
- Dr Rajiv Wijesuriya
- Dr Robert Barnett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £55k | £39k |
| 31/12/2024 | £62k | £52k |
| 31/12/2023 | £60k | £45k |
| 31/12/2022 | £109k | £44k |
| 31/12/2021 | £60k | £45k |
Common questions
Is THE DAIN FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves totalled £1,453,176, which is above the charity's stated policy target of approximately one year’s operating expenditure. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total assets less current liabilities of £2,436,178. Its FY2025 accounts were independently examined.