Finance Score: 1

Governance Score: 3

Support Score: 0

Large legacies income: +1

Gender balanced board: +3

No supporters identified

Overall GiG Score: 4

BMA FOUNDATION

The BMA Foundation is an independent charity that awards funds to encourage and further medical research. Our mission is to support medical students, doctors and scientists in their research aims and help pioneer medical research.Each year, research grants are awarded to medical students, research scientists and doctors, all funded by generous past bequests.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates most of its income
This charity has received considerable income from legacies in recent years
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£1,182	£1,040	£141	£0	£23,299	£17,733	204.6	0	0
31/12/21		£2,846	£1,037	£1,808	£0	£25,725	£19,612	226.9	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 228%
Unrestricted Funds/Total Funds: 76%
Reserves/Spending: 204.6 months
Net Current Assets/Spending: -17 months
Quick Ratio: 0.4

Asset Split ?

Established: 3 years

www.bmafoundationmr.org.uk

researchgrants@bma.org.uk

+442073836341

Charity Commission for England and Wales

Tweets

Listed activities

General Charitable Purposes
The Advancement Of Health Or Saving Of Lives

GiG Classification

Medical education & research

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Based on 5/6 persons

PROFESSOR SIR SABARATNAM ARULKUMARAN FRCOG Appointed: 2021

DR TREVOR PAUL PICKERSGILL Appointed: 2017

JONATHAN ANTHONY COLLINS Appointed: 2023

PROFESSOR PHILIP BANFIELD Appointed: 2022

NEETA MAJOR Appointed: 2022, Other trusteeships: BMA CHARITIES TRUST FUND, BRITISH MEDICAL ASSOCIATION SCHOLARSHIP TRUST FUND,

PROFESSOR BARONESS ILORA GILLIAN FINLAY Appointed: 2021, Other trusteeship: The CO Research Trust,

Legal constitution

Charity registered in England & Wales on 09/12/2020, number: 1192733

Gift Aid

NOT registered with HMRC for Gift Aid

Event History

01/09/2022 - Asset transfer in from THE JAMES TRUST
01/09/2022 - Asset transfer in from H C ROSCOE TRUST FUND
01/09/2022 - Asset transfer in from JOAN DAWKINS FUND

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

2 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE JAMES TRUST on 01/09/2022
Asset transfer in from H C ROSCOE TRUST FUND on 01/09/2022
Asset transfer in from JOAN DAWKINS FUND on 01/09/2022

Main office

BRITISH MEDICAL ASSOCIATION
B M A HOUSE
TAVISTOCK SQUARE
LONDON
WC1H 9JP

Objectives

THE CHARITY'S OBJECT IS THE ADVANCEMENT OF HEALTH AND THE RELIEF OF SICKNESS FOR THE PUBLIC BENEFIT INCLUDING BY:(I) THE PROMOTION OF MEDICAL RESEARCH, THE PUBLICATION OF THE RESULTS OF SUCH RESEARCH FOR THE BENEFIT OF THE PUBLIC AND THE INVESTIGATION OF NEW METHODS OF MEDICAL RESEARCH; AND(II) THE FURTHER EDUCATION OF MEDICAL PRACTITIONERS AND THE INVESTIGATION OF NEW METHODS OF EDUCATING MEDICAL PRACTITIONERS TO ENCOURAGE THE HIGHEST STANDARDS IN MEDICAL PRACTICE.

Data Sources