Question 1

What is the mission of ROYAL MERCHANT NAVY EDUCATION FOUNDATION?

Accepted Answer

The Foundation's object is to contribute to the maintenance and education of its beneficiaries, called Foundationers, to enable them to take up suitable careers: in short, education for employment.

Question 2

What is the financial size of ROYAL MERCHANT NAVY EDUCATION FOUNDATION?

Accepted Answer

ROYAL MERCHANT NAVY EDUCATION FOUNDATION is classified as a medium charity. In the latest financial year, they reported a total income of £551,375 and total expenditure of £408,043.

Question 3

How does ROYAL MERCHANT NAVY EDUCATION FOUNDATION allocate its spending?

Accepted Answer

For every pound spent, approximately 57.9% goes directly to charitable activities. The remaining 42.1% is spent on raising funds and administration. This is lower than the median for similar-sized charities (99.0%).

Question 4

What is the workforce structure of ROYAL MERCHANT NAVY EDUCATION FOUNDATION?

Accepted Answer

ROYAL MERCHANT NAVY EDUCATION FOUNDATION employs 3 staff members and is supported by 0 volunteers.

Question 5

Does ROYAL MERCHANT NAVY EDUCATION 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 ROYAL MERCHANT NAVY EDUCATION FOUNDATION pay its trustees?

Accepted Answer

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

ROYAL MERCHANT NAVY EDUCATION FOUNDATION

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