Question 1

What is the mission of NEWSTRAID BENEVOLENT FUND?

Accepted Answer

Newstraid helps persons, and their immediate dependants, who have been employed in newspaper and magazine distribution in the UK and who have fallen on hard times. The qualifying criteria are a need and a proven trade connection. In a nutshell, we help people who deal with newspapers and magazines from the time they leave the printing press until they reach the reader.

Question 2

What is the financial size of NEWSTRAID BENEVOLENT FUND?

Accepted Answer

NEWSTRAID BENEVOLENT FUND is classified as a large charity. In the latest financial year, they reported a total income of £1,998,538 and total expenditure of £1,816,986.

Question 3

How does NEWSTRAID BENEVOLENT FUND allocate its spending?

Accepted Answer

For every pound spent, approximately 68.9% goes directly to charitable activities. The remaining 31.1% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of NEWSTRAID BENEVOLENT FUND?

Accepted Answer

NEWSTRAID BENEVOLENT FUND employs 8 staff members and is supported by 85 volunteers.

Question 5

Does NEWSTRAID BENEVOLENT 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 NEWSTRAID BENEVOLENT FUND pay its trustees?

Accepted Answer

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

NEWSTRAID BENEVOLENT FUND

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