Question 1

What is the mission of bp Helios Fund?

Accepted Answer

To assist financially those former employees of the British Petroleum Company Plc or any subsidiary or associated companies and their  dependants, who are suffering severe financial hardship or need. Assistance is normally given in the form of a grant or a loan.

Question 2

What is the financial size of bp Helios Fund?

Accepted Answer

bp Helios Fund is classified as a major charity. In the latest financial year, they reported a total income of £13,849,361 and total expenditure of £14,929,804.

Question 3

How does bp Helios Fund allocate its spending?

Accepted Answer

For every pound spent, approximately 99.9% goes directly to charitable activities. The remaining 0.1% 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 bp Helios Fund?

Accepted Answer

bp Helios Fund employs 0 staff members and is supported by 0 volunteers.

Question 5

Does bp Helios Fund receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does bp Helios Fund pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

bp Helios Fund

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