Question 1

What is the mission of ARMED FORCES COVENANT FUND?

Accepted Answer

The Armed Forces Covenant Fund Trust makes grants to support the Armed Forces Community. The Covenant Fund is delivered by the Armed Forces Covenant Fund Trust. It has £10M a year to fund projects that support the Armed Forces Community.

Question 2

What is the financial size of ARMED FORCES COVENANT FUND?

Accepted Answer

ARMED FORCES COVENANT FUND is classified as a major charity. In the latest financial year, they reported a total income of £30,874,242 and total expenditure of £30,029,388.

Question 3

How does ARMED FORCES COVENANT FUND allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of ARMED FORCES COVENANT FUND?

Accepted Answer

ARMED FORCES COVENANT FUND employs 26 staff members and is supported by 0 volunteers.

Question 5

Does ARMED FORCES COVENANT FUND receive government funding?

Accepted Answer

Yes. Approximately 97.7% of their income comes from government grants or contracts.

Question 6

Does ARMED FORCES COVENANT FUND pay its trustees?

Accepted Answer

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

ARMED FORCES COVENANT FUND

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