The Charity Employees Benevolent Fund will launch officially on Thursday, six years after it was initially proposed and registered as a charity.

The CEBF is dedicated to helping vulnerable charity employees, part and present, and their dependents. It is already supporting families in the sector and is accepting applications for further grants for specific purposes.

In time it plans to offer welfare support and advice on benefits, as well as a friendship network.

At least 25 charities, sector umbrella bodies and suppliers to the sector are already providing funding to the CEBF, which will consider applications about any form of hardship. It will also fundraise from sector workers and is talking to Acevo and the Institute of Fundraising about developing relationships with their members.

The Fund recently appointed Rick Holland (pictured) as its first CEO. Holland has 20 years’ experience of fundraising, management and consultancy in the US and UK. His most recent in-house role was as head of fundraising for the MS Society.

The CEBF was set up by trustee Liz de Boer, who had the idea while she was welfare director for the Confectioners’ Benevolent Fund. The chair is David Prescott, former deputy chief executive of BEN, the motor industry benevolent fund. The other trustees are former CAF chief executive Michael Brophy, management consultant Gina Campbell, and vice-chair Marcella Menzies, owner of the Finsbury Business Centre.

The Fund will launch on Thursday evening with a reception in central London which will be addressed by Charity Commission chair Dame Suzi Leather.

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Charity benevolent fund opens this week

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Who's Who: Rick Holland | Michael Brophy