Question 1

What is the mission of THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND?

Accepted Answer

Welfare work that falls into 5 main areas in the form of advice, personal contact, financial assistance, unemployment support and care support. It is primarily provided for members and former members of the Institution of Engineering & Technology & their dependants.  Each person approaching the Charity receives support individually tailored to meet their specific needs.

Question 2

What is the financial size of THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND?

Accepted Answer

THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND

#208925

Charitable company-Large-RegisteredDetailed reporting

www.myfoothold.org

Income

£1,575,480

Expenditure

£1,214,615

Reserves

£1,055,297

Question 3

How does THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND allocate its spending?

Accepted Answer

For every pound spent, approximately 78.5% goes directly to charitable activities. The remaining 21.5% 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 INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND?

Accepted Answer

THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND employs 13 staff members and is supported by 17 volunteers.

Question 5

Does THE INSTITUTION OF ENGINEERING AND TECHNOLOGY 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 INSTITUTION OF ENGINEERING AND TECHNOLOGY 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 INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND

Latest HighlightsFY 2025

Income Sources

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