The RNBT spends just shy of £5 million per annum on its charitable activities. The Trust does not actively fundraise because we are configured to distribute money to individuals in cases of need which amounts to about 3,500 beneficiaries every year. The RNBT takes pride in delivering against its charitable objectives in a consistent, swift and balanced fashion. The words of Aristotle (the Greek philosopher and scientist born in 384 BC) sums up what we do rather well:
“To give away money is an easy matter and in any man’s power. But to decide to whom to give it, and how large and when, and for what purpose and how, is neither in every man’s power-nor an easy matter. Hence it is that such excellence is rare, praiseworthy and noble.”
In addition, we run a care and nursing home, an almshouse and provide help and advice on the spectrum of welfare and benevolence matters. The Trust receives income from a variety of sources that include the RNBT’s own investments, legacies and donations from supporters past and present, fees paid by residents in our care home and alms-house, however, the largest proportion, by some margin, comes from block grant making charities. Such charities do not make grants to individuals, they enable charities such as the RNBT to do that important and specialised work on their behalf and we gratefully acknowledge their support. The bulk of the RNBT’s funds for the current financial year have come from the Royal Navy and Royal Marines Charity (RNRMC). As well as distributing monies generated within and by the RNRMC, they also distribute Greenwich Hospital’s operating grants to Naval and tri-service charities. Queen Mary’s Roehampton Trust has also made a significant grant and Seafarers UK made a significant grant to us just last week. Details of monies granted in the Financial Year to date are:
• Greenwich Hospital (via the RNRMC) – Regular Charitable Payments (for those on especially low incomes) – £998,400 and £66,764 towards the cost of operating Pembroke House
• RNRMC Grants to individuals – £618,436
• Seafarers UK £50,000 – towards the cost of providing mobility aids
• Queen Mary’s Roehampton Trust (received at the end of financial year 2013-2014) – Grants to individuals £30,000 The RNBT could not deliver against its charitable objectives without the support of these Block Grant making charities. The President, trustees and all of us associated with the RNBT are most grateful for the continued support of the charities listed above.