ICM Benevolent Fund

The ICM Benevolent Fund was established in 1994 to assist members or former members of the Institute, or their dependants, who are in conditions of need, hardship or distress.

The Fund has been used to assist members of the Institute in various ways. It has:

  • financed the purchase of a mobility scooter for a disabled member
  • helped finance the studies of the daughter of a member who became unexpectedly ill
  • financed the purchase of computer equipment to assist an unemployed member set up a business
  • contributed towards the purchase of an orthopaedic bed for one member whose condition was thereby greatly eased
  • helped with payment for a drug, not available on the NHS, for medical treatment of another member.

Any member, or former member, finding themselves in difficult circumstances and requiring financial assistance, should contact The Water Mill. An application form will be provided and this should be accompanied by a covering letter which sets out the purpose for which the grant is requested, outlines the general background reasons for submitting the request, and provides details of the applicant's current financial circumstances.

The application goes before the ICM Benevolent Fund committee for consideration, and a decision is reached, and communicated as quickly as possible to the applicant.

Members can contribute to the Benevolent Fund by way of donation - by completing the appropriate section of their annual subscription renewal form when renewing, or at any time by sending a cheque (made payable to ICM Benevolent Fund and sent to The Secretary, ICM Benevolent Fund, The Water Mill, Station Road, South Luffenham, Oakham, Leicestershire LE15 8NB).

CREDIT where credit's due

Press Release - 14 May 2013 The Institute of Credit Management (ICM) has won a prestigious industry award for encouraging better payment behaviour and raising the profile of professional credit...
Press Release - 8 May 2013 The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Michael Fallon have published their monthly 'tip' for small businesses ...
Press Release - 3 May 2013 Figures from the Insolvency Service that show a fall in both company and individual failure are no cause for early celebration, says the Institute of Credit Managemen...
Press Release - 8 April 2013 The latest round of the ICM Credit Managers' Index (CMI - Q1 2013) has opened with opinions from credit managers being sought to help compile the most comprehensive...
Press release - 26 March 2013 MBNA and the Institute of Credit Management (ICM) have signed a ground-breaking new partnership aimed at up-skilling hundreds of employees working in the UK credit...
Press Release - 22 March 2013 The ICM has been recognised in a national Public Relations Award Programme for raising the profile of the credit management profession and highlighting the ongoing...
Press Release - 21 March 2013 The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Michael Fallon have published their monthly 'tip' for small business...
Press Release - 4 March 2013
Press Release - 26 February 2013 The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Michael Fallon have published their monthly 'tip' for small busin...
Press Release - 7 February 2013 The winners of the Institute of Credit Management's British Credit Awards 2013 were recognised at a glittering gala dinner at London's Hilton Park Lane last nigh...

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