Question 1

What is the mission of THE ROYAL ACADEMY OF ENGINEERING?

Accepted Answer

We deliver public benefit from excellence in engineering and technology.Our vision: Engineering and technology in the service of societyOur role: We create and lead a community of outstanding experts and innovators to engineer better lives.Our goals: Enabling a sustainable and innovative economy, harnessing technology to improve lives, and building an engineering community fit for the future

Question 2

What is the financial size of THE ROYAL ACADEMY OF ENGINEERING?

Accepted Answer

THE ROYAL ACADEMY OF ENGINEERING is classified as a major charity. In the latest financial year, they reported a total income of £71,805,000 and total expenditure of £67,805,000.

Question 3

How does THE ROYAL ACADEMY OF ENGINEERING allocate its spending?

Accepted Answer

For every pound spent, approximately 96.5% goes directly to charitable activities. The remaining 3.5% is spent on raising funds and administration.

Question 4

What is the workforce structure of THE ROYAL ACADEMY OF ENGINEERING?

Accepted Answer

THE ROYAL ACADEMY OF ENGINEERING employs 247 staff members and is supported by 700 volunteers.

Question 5

Does THE ROYAL ACADEMY OF ENGINEERING receive government funding?

Accepted Answer

Yes. Approximately 78.9% of their income comes from government grants or contracts.

Question 6

Does THE ROYAL ACADEMY OF ENGINEERING pay its trustees?

Accepted Answer

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

THE ROYAL ACADEMY OF ENGINEERING

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