Question 1

What is the mission of THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY?

Accepted Answer

The Guild aims to assist generally in the relief of hardship for marine engineers, past and present members of the IMarEST, and their dependents, by making regular grants to supplement very low incomes and by making one-off grants to assist in the purchase of items essential for the recipient's wellbeing, essential home repairs, costs of respite care and with debt relief.

Question 2

What is the financial size of THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY?

Accepted Answer

THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY

#208727

Other-Medium-RegisteredDetailed reporting

www.imarest.org/guild

Income

£722,865

Expenditure

£226,191

Reserves

£4,271,750

Question 3

How does THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY allocate its spending?

Accepted Answer

For every pound spent, approximately 98.7% goes directly to charitable activities. The remaining 1.3% is spent on raising funds and administration.

Question 4

What is the workforce structure of THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY?

Accepted Answer

THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY employs 2 staff members and is supported by 1 volunteers.

Question 5

Does THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY 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 GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY pay its trustees?

Accepted Answer

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

THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY

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Income Sources

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