Reorganising the British Medical Association’s charitable trusts

We advised the BMA on the formation of a new charitable incorporated organisation (CIO).

What happened?

British Medical Association (BMA) was responsible for the administration of four charitable trusts. BMA employees were the trustees, and there was a lot of overlap in the trusts’ activities. It was also an administrative headache because BMA needed to hold four separate trustee meetings and prepare separate accounts and annual reports. BMA wanted to consolidate the four charities into one so that it could be more efficient and make savings on professional fees relating to the accounts and other filings.

How did we help?

We advised BMA to set up a new charitable incorporated organisation (CIO) so that the charity had separate legal personality and limited liability status, which is a helpful protection for the trustees. We helped them to establish and register the new CIO (the BMA Foundation) and then transfer the assets of the existing charities into the CIO to facilitate the merger. This involved correspondence with the Charity Commission to obtain four schemes to amend the objects of the existing trusts to enable the funds to be transferred to the new CIO and used more effectively together going forwards. We also advised on the ongoing relationship between the BMA and the CIO.

“The team were exceptionally quick at responding to our many requests/clarifications. They managed to make a complex situation very straightforward, and were always focused on the next action which was really helpful.”

Mary Meekings, Head of CSER and charities
British Medical Association