The Institute of Physics Benevolent Fund

Charity Number: 209746
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The fund was formed in 1924. The sole object of the fund is: "To help necessitous persons who are or have been members of the Institute of Physics (whether subscribers or not), their wives, and children or widows or dependent relatives, or in exceptional cases, to help Physicists or the dependents who are not or have never been members of the Institute".

Income and expenditure

Data for financial year ending 31 December 2023

Total income: £56,293
Total expenditure: £27,628

People

7 Trustee(s)

2 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
How the charity helps:
  • Makes Grants To Individuals
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 22 September 1962: Standard registration
Organisation type:
Other
Other names:
  • INSTITUTE OF PHYSICS BENEVOLENT FUND (Previous name)
  • THE BENEVOLENT FUND ADMINISTERED BY THE INSTITUTE OF PHYSICS (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Risk management
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
PROFESSOR JULIAN JONES OBE Chair 07 November 2012
None on record
Professor Stephen Frederick Keevil Trustee 01 April 2025
None on record
Dr Gayle Calverley-Miles Trustee 18 January 2024
None on record
Brian Fulton Trustee 22 April 2021
None on record
Prof Andy Augousti Trustee 10 March 2016
None on record
Simon James Peter Prendiville Trustee 18 November 2015
None on record
Professor Stuart Beaumont Palmer Trustee 07 November 2012
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £45.52k £42.50k £44.67k £48.10k £56.29k
Total expenditure £76.58k £54.15k £45.62k £59.90k £27.63k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 08 July 2024 On Time
Accounts and TAR 31 December 2023 08 July 2024 On Time Download Open in new window
Annual return 31 December 2022 10 May 2023 On Time
Accounts and TAR 31 December 2022 10 May 2023 On Time Download Open in new window
Annual return 31 December 2021 14 July 2022 On Time
Accounts and TAR 31 December 2021 14 July 2022 On Time Download Open in new window
Annual return 31 December 2020 28 June 2021 On Time
Accounts and TAR 31 December 2020 28 June 2021 On Time Download Open in new window
Annual return 31 December 2019 01 September 2020 On Time
Accounts and TAR 31 December 2019 01 September 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

DECLARATION OF TRUST DATED 14/03/1933 AND RULES ADOPTED 05/12/1961 AS AMENDED 27/10/1994 AS AMENDED 19/07/2012 as amended on 26 Apr 2018 as amended on 26 Apr 2018

Charitable objects

THE PRIMARY AIM OF THE CHARITY IS TO PROVIDE ELIGIBLE INDIVIDUALS AND SUCH OTHER PERSONS AS THE TRUSTEES MAY DETERMINE FROM TIME TO TIME WHO ARE FACING SERIOUS FINANCIAL HARDSHIP OR OTHER CRITICAL NEED WITH ASSISTANCE DESIGNED TO ALLEVIATE THE CAUSES OF THEIR ADVERSITY

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
Institute of Physics
37 Caledonian Road
LONDON
N1 9BU
Phone:
07771757944
Email:
benfund@iop.org
Website:

http://www.iop.org/ Open in new window