Delivering On Our Promise
Help for Heroes has promised to stand alongside our brave Heroes and support them for as long as required on their lengthy and complex journeys of recovery.
Given this promise, it would be unforgivable if we did not secure the long-term provision of services for the thousands who desperately need us – an estimated 75,000 in years ahead.
That is why we choose to hold £45.5m in reserves, at the request of our Trustees – a voluntary Board of leading experts drawn from medical, military, legal and business fields.
From academic research carried out with King’s College London, we know the number needing our help is set to rise, rather than fall. Additionally, individuals’ recoveries are becoming more complicated and challenging, with a growing number seeking support for psychological wounds and problems facing our physically wounded intensifying as the years pass.This sum, equivalent to 18 months’ income, will guarantee the ongoing delivery of our essential recovery programmes for three consecutive years, in the event of falling donations. This will ensure ‘the Blokes’ would not suddenly be deprived of the vital support underpinning their recovery.
We always put the needs of our Heroes first, and our donors fully expect us to have responsible measures in place to ensure these brave men and women will be properly looked after going forward.
Just like our mission, our approach is clear and transparent: our financial policies and the reasoning behind them are all explained in our Annual Report.
A breakdown of vital support this money will provide:
- £33.6m has been allocated to ensure we can continue to deliver vital recovery services to Veterans and Serving personnel through a network of Recovery Centres and Fellowships groups.
- £2m ensures there is money ready to give for urgent, rapid grants to individuals.
e.g. we recently provided a grant to a 94 year old WW2 Veteran, which meant he could stay in his home.
- £2m ensures there is money ready to support our network of 60 specialist charity partners.
e.g. within 72hrs of the Nepal Earthquake, we gave £100k to the Gurkha Welfare Trust.
- £2.5m is the amount that is currently being spent on developing new mental health projects.
- £5.4m is the total amount secured in a development fund for new Recovery projects we are currently exploring.