the institution of engineering and technology benevolent fund
Activities & Mission
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.
Fundraising
See where The Institution Of Engineering And Technology Benevolent Fund is active and find local fundraising opportunities.
Financial Information
Latest Income
£1,159,379
Latest Expenditure
£2,054,421
Financial Efficiency
Program Ratio 149.9%
% of income going directly to charitable activities
Overall Efficiency 84.6%
% of expenditure going to programs (vs overhead)
Administrative Ratio 20.7%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £480,297
Charitable Activities £25,116
Other Trading £0
Investments £653,966
Other Income £0
Expenditure Categories
Charitable Expenditure £1,738,199
Raising Funds £316,222
Governance £108,522
Grants to Institutions £0
Other Expenditure £0
Financial Trend
Annual Returns
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £1,159,379 | £2,054,421 | £1,738,199 | £24,444,215 | £336,590 | 14 / 24 |
| 2023 | £2,236,407 | £2,436,204 | £2,156,745 | £23,599,148 | £629,721 | 13 / 21 |
| 2022 | £1,473,732 | £2,486,576 | £2,198,577 | £24,062,813 | £24,062,813 | 14 / 16 |
| 2021 | £1,297,315 | £2,917,710 | £2,674,362 | £26,863,872 | £17,946,412 | 15 / 27 |
| 2020 | £1,236,247 | £2,586,748 | £2,364,391 | £24,381,110 | £449,553 | 12 / 15 |
Staff column shows: Employees / Volunteers
Details
Address
Unit 82A
James Carter Road
Mildenhall Industrial Estate
Suffolk
IP28 7DE
James Carter Road
Mildenhall Industrial Estate
Suffolk
IP28 7DE
Website
www.myfoothold.orgRegistration Date
22 September 1962
Status
Registered
Registry Information
Organisation Number
208925
Charity Number
208925
Trustees
Gareth Rutherford Price
Thomas Budd
Wolf Byttner
John Gleeson
ALAN WATTS
ANDY ROGERS
Dale Melvyn Briscoe
Kenny Chukwunwike Otiaba
Sectors & Classifications
Also Known As
- IET CONNECT
- THE INCORPORATED BENEVOLENT FUND OF THE INSTITUTION OF ELECTRICAL ENGINEERS
- THE INSTITUTION OF ELECTRICAL ENGINEERS BENEVOLENT FUND
- FOOTHOLD