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Data for financial year ending 31 December 2017

The Institution Of Engineering And Technology

  • Income

    £61.8M

  • Spending

    £61.5M

  • Status

    Up-to-date

Charity no. 211014 Company no. RC000263

Contact details

Public address

  • The Institution Of Engineering And, Technology, 2 Savoy Place, London, WC2R 0BL

Aims & activities

Education, policy & awareness activities engage the public in the role of science, engineering & technology in enhancing peoples' lives. IET gathers & distributes knowledge content via a variety of channels to a global audience, drawing on the unique strengths of its membership. Membership & professional development focuses on career long professional development & registration of individuals.

What the charity does

  • Education/training

Who the charity helps

  • Children/young people
  • The general public/mankind

How the charity works

  • Makes grants to individuals
  • Makes grants to organisations
  • Provides services
  • Provides advocacy/advice/information
  • Sponsors or undertakes research
  • Other charitable activities

Income and Endowments:

£61.8M

* £10.0M investment gains(losses)

Expenditure:

£61.5M

Assets and liabilities

  • £178.4M Own use assets
  • £144.9K Long term investments
  • £196.0K Defined benefit pension scheme asset or liability
  • £17.6M Other assets
  • £22.5M Total liabilities
Financial history
Compliance history

Fundraising

Raises funds from the Public

Trading

This charity has one or more trading subsidiaries

Gift aid

Recognised by HMRC for gift aid

Charitable spending ratios

99%
92%
1%

Charitable objects

TO PROMOTE THE GENERAL ADVANCEMENT OF SCIENCE, ENGINEERING & TECHNOLOGY & TO FACILITATE THE EXCHANGE OF INFORMATION AND IDEAS ON THESE SUBJECTS AMONGST THE MEMBERS OF THE IET AND OTHERWISE

Governing document

ROYAL CHARTER 15/8/1921 AS AMENDED BY SUPPLEMENTAL CHARTERS 19/11/1946, 5/3/1956 AND 31/3/2006 AND ORDERS IN COUNCIL 19/5/1999, 7/2/2001, 16/7/2002 AND 17/7/2003 AND BYE-LAWS AS AMENDED ON DIVERS DATES FROM 20/3/1924 TO 3/3/2006, SCHEME 15/12/2003.

Area of benefit

National.

Organisation type

Standard registration

Other names

Iet
The Iet

Policies

Risk management
Investment
Safeguarding vulnerable beneficiaries
Conflicts of interest
Volunteer management
Complaints handling
Paying staff

Land And Property

This charity owns and/or leases land or property. Some or all of this land or property must be used for the charity’s purposes.

  • 16 Trustees
  • 578 Employees
  • 4,230 Volunteers

Trustee board

Trustee Other trusteeships Charity status
Mr Mike Carr (Chair) None on record
Professor Alison Noble St Hilda's College In The University Of Oxford Up-to-date
The Oxford Trust Up-to-date
Jayne Kathryn Bryant Ceng Fiet The Institution Of Engineering And Technology Benevolent Fund Up-to-date
Simon Charles Andrew Harrison Bsc Phd Ceng Fiet None on record
Virginia Margaret Hodge Bsc Msc Ceng Fiet None on record
Dr Peter William Bonfield Obe Freng Bsc Msc Phd Ceng Fiet None on record
Mr Nick Winser Multiple Sclerosis Society Up-to-date
Mr Andy Bevington None on record
Air Marshal Julian Alexander Young Cb Obe Freng Ceng Fiet None on record
Professor Danielle Amanda George Mbe Bsc Msc Phd Fiet None on record
Miss Sam Hubbard None on record
Alyssa Ann Randall Beng Msc Mba Miet None on record
Yewande Akinola Beng Msc Ceng Miet Miss None on record
Dr Colin Michael Arthur Beng Phd Miet None on record
Dr Ian S Belger Bsc Phd Ceng Fiet None on record
Joe Dunn Bsc Miet None on record

Areas of operation

List of regions

  • Australia
  • Bahrain
  • Belgium
  • Brunei
  • Canada
  • China
  • Cyprus
  • Czech Republic
  • Egypt
  • France
  • Germany
  • Gibraltar
  • Greece
  • Guernsey
  • Hong Kong
  • India
  • Ireland
  • Israel
  • Italy
  • Japan
  • Jersey
  • Jordan
  • Kuwait
  • Luxembourg
  • Malaysia
  • Malta
  • Mauritius
  • Netherlands
  • New Zealand
  • Nigeria
  • Norway
  • Pakistan
  • Saudi Arabia
  • Scotland
  • Singapore
  • South Africa
  • Sri Lanka
  • Sweden
  • Switzerland
  • Taiwan
  • Trinidad And Tobago
  • United Arab Emirates
  • United States