Please find confirmation below of both the Ordinary and Special Grants awarded to CII local institutes for 2013.
In summary, the CII is paying:
Ordinary grants - £987,284
This is an increase of £99,503 (11%) on the Ordinary Grants awarded in 2012. The percentage of membership fees received that is paid in Ordinary Grants remains unchanged at 12% - the increased payments are the result of growth in CII/PFS membership numbers.
Special grants - £322,686
This compares with £362,104 paid out in 2012.
The article attachment below contains a breakdown, by institute, of the Ordinary and Special Grants being paid.
The first instalment of all Ordinary Grants has now been paid, with the second instalment to be paid in July on receipt of financial returns. All Special Grants will be paid this week.