Chapter 8

Our
income and expenditure

All of our income is provided through the kindness and generosity of Freemasons and their families, both past and present. 

We aim to ensure that we utilise these donations in the most efficient and effective way. 

2022/23 Income

  • 46% of our income came from voluntary donations, including through Festival appeals where Freemasons in selected Provinces donate to the MCF for up to five years.
  • Income from legacies contributed 17% of the overall income. 


Donations – Festivals £11.26M


Donations – Other £3.60M


Legacies £5.57M


Annual contributions £3.23M


Rental income £1.81M


Investment income £6.66M

Total £32.13M

2022/23 Expenditure

For every £1 spent, 85 pence was paid out in grants and support for individuals, their families and charities. Only seven pence of every pound represent the costs of generating income, which includes investment management fees, property costs and fundraising. The remaining eight pence is spent on the administration required to deliver our life-changing work. 


Generating Funds £2.90M


Masonic Grants £11.15M


Charitable Grants* £13.06M


RMBI Care Co. Residents Grant £6.67M


Masonic Support £2.48M


Charitable Overhead £3.10M

* This figure includes grants given to charities by MCF through our Relief Chest Scheme on behalf of Provinces, Lodges and individuals.

Total £39.36M

Freemasonry and charity

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chapter 9

Freemasonry and charity