Question 1

What is the mission of LLOYD'S REGISTER FOUNDATION?

Accepted Answer

Lloyd's Register Foundation promotes safety and education. Most of the consolidated income is attributable to the Lloyd's Register Group, a trading group that distributes profit to the Foundation. It is received dividends and not the consolidated trading income that is available to the Foundation. The trading group is a 'Social Investment' that also furthers the Foundation's charitable aims.

Question 2

What is the financial size of LLOYD'S REGISTER FOUNDATION?

Accepted Answer

LLOYD'S REGISTER FOUNDATION is classified as a major charity. In the latest financial year, they reported a total income of £572,056,000 and total expenditure of £589,640,000.

Question 3

How does LLOYD'S REGISTER FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 4.1% goes directly to charitable activities. The remaining 95.9% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.2%).

Question 4

What is the workforce structure of LLOYD'S REGISTER FOUNDATION?

Accepted Answer

LLOYD'S REGISTER FOUNDATION employs 3,764 staff members and is supported by 0 volunteers.

Question 5

Does LLOYD'S REGISTER FOUNDATION receive government funding?

Accepted Answer

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

Question 6

Does LLOYD'S REGISTER FOUNDATION pay its trustees?

Accepted Answer

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

LLOYD'S REGISTER FOUNDATION

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