Overall GiG Score: -2 ?
Finance Score: 1
Governance Score: -3
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Fundraising costs low: +3
  • Static board: -3
  • No supporters identified

BT BENEVOLENT FUND 

The object of the charity, as set out in its constitution, is the relief of financial hardship among BT employees past and present and their dependants and this is the principle activity.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

  • The Board composition appears to be rather static

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £5,154,653 available, equivalent to 77 months of spending and so may not be able to utilise additional funding
Established: 61 years

www.benevolent.bt.com

benevolent@bt.com

08456029714

Charity Commission for England and Wales

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£1,194£808£386£65£6,134£5,15576.570
31/12/21£1,123£773£350£62£6,078£5,04778.470
31/12/20£2,028£845£1,183£58£5,242£4,30561.170
31/12/19£1,058£1,110£-51£56£4,071£3,13033.970
31/12/18£1,034£1,178£-145£59£3,783£2,92429.860
31/12/17£1,194£1,075£118£56£4,176£3,25236.360
31/12/16£1,035£952£83£58£3,865£2,98637.650
31/12/15£1,032£912£120£78£3,454£2,65534.930
31/12/14£1,281£990£290£80£3,374£2,56631.130
31/12/13£976£957£18£82£3,107£2,29228.730
31/12/12£908£899£9£79£2,779£2,05027.430
31/12/11£882£918£-36£83£2,612£1,92725.230
31/12/10£842£810£32£72£2,802£2,07430.730
31/12/09£803£814£-10£79£2,577£1,90328.130
31/12/08£824£843£-19£78£2,321£1,72224.530
31/12/07£747£724£23£105£2,825£2,07334.430
31/12/06£693£712£-19£0£0£0n/a00
31/12/05£628£690£-62£0£0£0n/a00
31/12/04£624£692£-68£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 8.7%
Fundraising Costs/Total Spending: 11.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 84%
Reserves/Spending: 76.5 months
Net Current Assets/Spending: 13 months
Quick Ratio: 5.7
Asset Split ?
What it does
  • The Prevention Or Relief Of Poverty
Who works here?
  • 7 employees
Who it helps
  • Other Defined Groups
How it operates
  • Makes Grants to Individuals
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 01/04/1963, number: 212565
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Volunteer management
Filing Record
19 returns made; all on time
Main office

Room 4208
Bristol CTE
Marsh Street
BRISTOL
BS1 4AY

Objectives

TO THE RELIEF (BY WAY OF A GIFT, LOAN OR IN SUCH MANNER AS THE COMMITTEE MAY DECIDE) OF CASES OF DISTRESS CAUSED BY:- (1) THE DECEASE OF PRESENT OR PAST MEMBERS OF THE STAFF OF BRITISH TELECOMMUNICATIONS AND/OR BRITISH TELECOMMUNICATIONS PLC OR PAST MEMBERS OF THE CLERICAL OR TECHNICAL STAFF OF THE POSTMASTER GENERAL OR OF PRESENT AND PAST MEMBERS OF THE BRITISH TELECOMMUNICATIONS STAFF SUPERANNUATION SCHEME OR THE BRITISH TELECOMMUNICATIONS PLC NEW PENSION SCHEME OR OF PAST MEMBERS OF THE CLERICAL OR TECHNICAL STAFF OF THE POST OFFICE WHO WERE SUBSCRIBERS TO THE FUND ON 31ST OCTOBER 1986. (2) THE RETIREMENT OF ANY PERSONS MENTIONED IN (1) ABOVE FROM THE SERVICE OF BRITISH TELECOMMUNICATIONS, BRITISH TELECOMMUNICATIONS PLC, THE POST OFFICE, THE DEPARTMENT OF THE POSTMASTER GENERAL, THE MINISTRY OF POST AND TELECOMMUNICATIONS, THE DEPARTMENT OF NATIONAL SAVINGS OR ANY GOVERNMENT DEPARTMENT TO WHICH SUCH PERSONS SHALL HAVE BEEN TRANSFERRED AFTER SERVICE IN THE SAID MINISTRY OR THE SAID DEPARTMENT (3) THE REDUCTION OF PAY OF ANY PERSONS MENTIONED IN (1) ABOVE OWING TO PROLONGED SICK LEAVE WHILE THEY ARE SERVING WITH BRITISH TELECOMMUNICATIONS PLC, THE POST OFFICE, THE DEPARTMENT OF NATIONAL SAVINGS OR ANY GOVERNMENT DEPARTMENTS TO WHICH SUCH PERSONS SHALL HAVE BEEN TRANSFERRED AFTER SERVICE IN THE SAID DEPARTMENT OR IN THE MINISTRY OF POSTS AND TELECOMMUNICATIONS. (4) OTHER CIRCUMSTANCES ADVERSELY AFFECTING SUCH PERSONS OR THEIR DEPENDANTS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
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