royal merchant navy education foundation

The charity supports children and young people. Royal Merchant Navy Education Foundation is a registered charity whose purpose is education and training. It delivers its work by making grants to individuals. The charity is based in Berkshire and operates in England And Wales, Ireland, and Scotland.

This page summarises publicly available information about the charity, including its activities, beneficiaries, and registration details, based on official records.

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Activities & Mission

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.

Fundraising

See where Royal Merchant Navy Education Foundation is active and find local fundraising opportunities.

Region

England And Wales

Country

Ireland Scotland

Financial Information

Latest Income

£563,395

Latest Expenditure

£753,452

Financial Efficiency

Program Ratio 101.5%

% of income going directly to charitable activities

Overall Efficiency 75.9%

% of expenditure going to programs (vs overhead)

Administrative Ratio 25.3%

Overhead (fundraising + governance) as % of total expenditure

Latest Financial Breakdown

Income Sources

Donations & Legacies £23,294

Charitable Activities £0

Other Trading £0

Investments £540,101

Other Income £0

Expenditure Categories

Charitable Expenditure £571,770

Raising Funds £181,682

Governance £9,024

Grants to Institutions £0

Other Expenditure £0

Financial Trend

Annual Returns

Financial Year	Income	Expenditure	Charitable Spending	Net Assets	Reserves	Staff
2024	£563,395	£753,452	£571,770	£21,559,385	£17,334,036	3 / 0
2023	£560,877	£599,520	£416,482	£20,168,254	£20,150,793	3 / 0
2022	£480,940	£1,093,119				0 / 0
2021	£553,931	£758,078	£607,201	£20,677,136	£16,444,916	2 / 0
2020	£434,510	£417,706				0 / 0