The Bankers Benevolent Fund
Also known as: The Bank Workers Charity
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
Activities & Mission
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
Grants
The Bankers Benevolent Fund is a grant-making charity: making grants is its main activity.
- Gives grants to
- individuals
- Total spending (2025)
- £5,484,136
- Only charities with income over £500,000 file a separate grants figure.
- Who it helps
- children and young people, elderly people and people with disabilities
- What it supports
- education and training, the advancement of health or the saving of lives, disability and the prevention or relief of poverty
As recorded with the Charity Commission. To ask about applying, use the contact details and check the trustees and latest accounts below.
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Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.
Country
Region
Financial Information
Financial Efficiency
Higher than 97% of UK Beneficiary group charities with income £1M to £10M (sample: 959). How is this calculated?
Higher than 20% of UK Beneficiary group charities with income £1M to £10M. How is this calculated?
Lower overhead than 14% of UK Beneficiary group charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?
Latest Financial Breakdown
Income Sources
Expenditure Categories
Financial Trend
Annual Returns
As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2025 | £2,502,296 | £5,484,136 | £4,722,796 | £89,541,696 | £30,909,245 | 37 / 0 |
| 2024 | £2,324,009 | £6,554,296 | £5,748,868 | £91,779,514 | £35,887,913 | 38 / 0 |
| 2023 | £1,842,700 | £5,382,517 | £4,826,790 | £87,333,963 | £36,239,148 | 34 / 0 |
| 2022 | £2,154,539 | £5,149,175 | £4,490,729 | £92,403,896 | £40,566,569 | 33 / 0 |
| 2021 | £1,856,612 | £4,882,739 | £4,225,389 | £89,519,384 | £41,252,781 | 35 / 0 |
Staff column shows: Employees / Volunteers
Frequently asked questions about The Bankers Benevolent Fund
What does The Bankers Benevolent Fund do?
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
How much income did The Bankers Benevolent Fund report in 2025?
The Bankers Benevolent Fund reported total income of £2.50m and reported expenditure of £5.48m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.
How efficient is The Bankers Benevolent Fund?
The Bankers Benevolent Fund has a program ratio of 188.7%, meaning that share of its income goes directly to charitable activities. This is higher than 97% of UK Beneficiary group charities with income £1M to £10M (sample of 959 charities). See our methodology for how this is calculated.
When was The Bankers Benevolent Fund registered as a charity?
The Bankers Benevolent Fund was registered with the Charity Commission for England and Wales on 21 March 1962 as charity number 313080. It has been registered for 64 years.
Who runs The Bankers Benevolent Fund?
The Bankers Benevolent Fund is governed by a board of 10 trustees. The chair of trustees is Michael Thornton Hemingway. Trustees are legally responsible for the charity's governance and are listed in full on its profile.
Where does The Bankers Benevolent Fund operate?
The Bankers Benevolent Fund operates across 3 areas: Northern Ireland, Scotland and England And Wales.
Is The Bankers Benevolent Fund a registered charity?
Yes — The Bankers Benevolent Fund is a registered charity in England and Wales, charity number 313080.
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Registry Information
Other notable Beneficiary group charities
Major UK charities in the same primary sector, drawn from the curated priority cohort.
Trustees
Sectors & Classifications
Also Known As
- The Bank Workers Charity
Data & trust
- Register data refreshed
- 9 November 2026
- Methodology
- How metrics are calculated