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ICE fund seeks cash as donors drop

The ICE’s Benevolent Fund has issued a plea for more ICE members to donate £5 a year after the number of donors dropped dramatically over the past year.

The number of members donating to the fund dropped by 6,500 to 37,500 between 2008 and 2009.

Despite this, the number of individuals requiring financial help has sharply increased. The Fund is now eating into reserves to support those seeking help.

“We have seen a 60% increase in the number of people coming to us for assistance. In 2009, 82% of these individuals were of working age.

The role of the Benevolent Fund has therefore never been so important,” said Benevolent Fund chief executive Kris Barnett.

“However we cannot continue to dip into reserves to support those seeking help. The donor numbers have been slowly decreasing since 2006, but the more significant drop from 2008-2009 is very worrying.”

In 2009, the suggested voluntary donation to the Fund increased from £3 to £5 per year.

“It only equates to £200 over a forty year working life - and we ask for significantly less than other funds in the sector,” said Barnett.

“We do, however, fully appreciate that the rise came at a time when the economic climate was proving tough for many members.”

The ICE Benevolent Fund provides advice, support and financial assistance to current or past ICE members. The charity also helps dependants of members.

Readers' comments (4)

  • I am a retired member and have noticed a trend over tyhe last few years for many people to resign from the Institution once they reach that point. In fact I am aware of one person who resigned on the very day that he retired.
    I believe that we have all had a good deal out o the Institution over the years and should piut something back.
    Can I suggest that when people do resign that we should bind them for a reasonable donation, say one years fees at the appropriate level of membership ( eg. M.,F. )to be given as a tax free donation.
    Some will disagree stronly but I considedr this is a small price to pay in returm for many years of excellent returns. It is clear to me that most of the people resigning at this stage instead of paying the reduced subs. just wanted the qualification for job entry and not for a real and continuing interest in the Institution and promotion of the ideals set down.
    Can I suggest a new byelaw is considered to cover this . It may bring in a key amount of income.
    Also what about making the £5 mandatory . Martin Cooper Retired Fellow

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  • I am a retired member and have noticed a trend over the last few years for many people to resign from the Institution once they reach that point. In fact I am aware of one person who resigned on the very day that he retired.
    I believe that we have all had a good deal out of the Institution over the years and should put something back.
    Can I suggest that when people do resign that we should bind them for a reasonable donation, say one years fees at the appropriate level of membership ( eg. M.,F. )to be given as a tax free donation.
    Some will disagree stronly but I consider this is a small price to pay in returm for many years of excellent returns. It is clear to me that most of the people resigning at this stage instead of paying the reduced subs. just wanted the qualification for job entry and not for a real and continuing interest in the Institution and promotion of the ideals set down.
    Can I suggest a new byelaw is considered to cover this. It may bring in a key amount of income.
    Also what about making the £5 mandatory . Martin Cooper Retired Fellow

    Unsuitable or offensive? Report this comment

  • And what about those people that are struggling to pay their subs as it is?

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  • ma

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