The Institution Of Engineering And Technology Benevolent Fund
Also known as: Iet Connect, The Incorporated Benevolent Fund of the Institution of Electrical Engineers, The Institution of Electrical Engineers Benevolent Fund, Foothold
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.
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.
Grants
The Institution Of Engineering And Technology Benevolent Fund is a grant-making charity: making grants is its main activity.
- Gives grants to
- individuals
- Total spending (2025)
- £1,214,615
- Only charities with income over £500,000 file a separate grants figure.
- Who it helps
- children and young people, elderly people, people with disabilities and other defined groups
- What it supports
- general charitable purposes, 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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Learn more about premium profiles See a sample profileAreas of Operation
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.
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Financial Information
Financial Efficiency
Higher than 9% of UK Economic and community development charities with income £1M to £10M (sample: 199). How is this calculated?
Higher than 15% of UK Economic and community development charities with income £1M to £10M. How is this calculated?
Lower overhead than 6% of UK Economic and community development 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 | £1,575,480 | £1,214,615 | £953,282 | £24,571,206 | £1,055,297 | 13 / 17 |
| 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 |
Staff column shows: Employees / Volunteers
Frequently asked questions about The Institution Of Engineering And Technology Benevolent Fund
What does The Institution Of Engineering And Technology Benevolent Fund do?
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.
How much income did The Institution Of Engineering And Technology Benevolent Fund report in 2025?
The Institution Of Engineering And Technology Benevolent Fund reported total income of £1.58m and reported expenditure of £1.21m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.
How efficient is The Institution Of Engineering And Technology Benevolent Fund?
The Institution Of Engineering And Technology Benevolent Fund has a program ratio of 60.5%, meaning that share of its income goes directly to charitable activities. This is higher than 9% of UK Economic and community development charities with income £1M to £10M (sample of 199 charities). See our methodology for how this is calculated.
When was The Institution Of Engineering And Technology Benevolent Fund registered as a charity?
The Institution Of Engineering And Technology Benevolent Fund was registered with the Charity Commission for England and Wales on 22 September 1962 as charity number 208925. It has been registered for 64 years.
Who runs The Institution Of Engineering And Technology Benevolent Fund?
The Institution Of Engineering And Technology Benevolent Fund is governed by a board of 7 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.
Where does The Institution Of Engineering And Technology Benevolent Fund operate?
The Institution Of Engineering And Technology Benevolent Fund operates across 20 areas, including Australia, Canada, Ghana and 17 others. The full list is shown on its profile.
Is The Institution Of Engineering And Technology Benevolent Fund a registered charity?
Yes — The Institution Of Engineering And Technology Benevolent Fund is a registered charity in England and Wales, charity number 208925.
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Registry Information
Other notable Economic and community development charities
Major UK charities in the same primary sector, drawn from the curated priority cohort.
Trustees
Also governs 1 other charity
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
Data & trust
- Register data refreshed
- 9 November 2026
- Methodology
- How metrics are calculated