Question 1

What is the mission of THE BANKERS BENEVOLENT FUND?

Accepted Answer

Bank Workers Charity (BWC) is the only occupational benevolent fund for all current and former bank employees working in the UK and their families. The Charity's objects are the prevention and relief of poverty and advancement of health amongst bank employees, their families, children and dependents; advancement of education amongst the children of bank employees

Question 2

What is the financial size of THE BANKERS BENEVOLENT FUND?

Accepted Answer

THE BANKERS BENEVOLENT FUND is classified as a large charity. In the latest financial year, they reported a total income of £2,502,296 and total expenditure of £5,484,136.

Question 3

How does THE BANKERS BENEVOLENT FUND allocate its spending?

Accepted Answer

For every pound spent, approximately 86.1% goes directly to charitable activities. The remaining 13.9% 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 THE BANKERS BENEVOLENT FUND?

Accepted Answer

THE BANKERS BENEVOLENT FUND employs 37 staff members and is supported by 0 volunteers.

Question 5

Does THE BANKERS 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 THE BANKERS BENEVOLENT FUND pay its trustees?

Accepted Answer

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

THE BANKERS BENEVOLENT FUND

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