TSO
page.php
ID: 949
px width
px height
Logged OUT

Charitable governance

Here to help chemical engineers and their dependents

Governance

The Chemical Engineers Benevolent Fund was founded in 1934. Its objectives are to provide assistance to chemical engineers and their immediate dependents, who, in the opinion of the trustees, are either in necessitous or straightened circumstances whether temporarily or otherwise or are in need of financial assistance, owing to age, illness, accident, or mental or bodily infirmity.

Potential beneficiaries are defined as:

Any person who is or has followed the profession of chemical engineer; or the member of the family (eg wife or husband, father, mother, stepfather, stepmother, son, daughter, grandson, granddaughter, stepson, stepdaughter, brother, sister, half-brother or half-sister) who has died.

Considering an appeal for assistance

The trustees will make investigations into the circumstances of the appeal to ensure that the broad requirements as set out above are met. These investigations may be carried out by the trustees or a member of the chemical engineering profession or an employee of the Institution of Chemical Engineers as felt most appropriate by the trustees.

Types of assistance

Assistance usually will be of a financial nature ie gifts, grants or loans. Gifts are sums of money given for non-specific purposes. Grants are sums of money given for specific purposes. Loans are sums lent for general purposes and due to be repaid over a mutually agreed time span and may be subject to the accrual of interest.

Assets of the fund

The fund has been created by the generous donation of individuals. The money is invested, with the help of specialist investment managers, in such a way as to achieve the best return on investment whilst safeguarding the security of the fund.

Trustees

Mr Keith Batchelor
Dame Julia Higgins
Mr Malcolm Wilkinson
Mr Geoff Maitland
Dr Trish Melton
Professor Jonathan Seville

Charity commission register

The Chemical Engineers Benevolent Fund is a registered Charity in England and Wales 221601.
Find out more at:

Charity Commission

Latest statutory accounts