Calculating your membership fee

There are three types of Bond membership and the calculation of your membership fee will depend on your membership type. You will find information on the membership types here.

New applicants

Once your application has been processed, the Bond Finance team will calculate your membership fee. The fee will be based on your organisation's expenditure provided in the last set of financial accounts that you send with your application form.

Current members

Membership renewals take place in April each year. We calculate your fee using the annual accounts most recently submitted to the Charity Commission.

1) Full membership fee calculation

The full membership fee is made up of three parts: the base fee, the unrestricted fund additional payment (UFAP) and the out of London reduction for members based outside London.

a) The base fee

This is based on the total expenditure level of the member.

Category	Annual expenditure	Fee
A	< £100,000	£110
B	£100,000 - £500,000	£230
C	£500,000 - £2 million	£500
D	£2 million - £5 million	£875
E	£5 million - £20 million	£2,175
F	£20 million - £40 million	£3,800
G	> £40 million	£4,500

b) The unrestricted fund additional payment (UFAP)

The UFAP is an additional payment added to the base fee and represents a small percentage of an organisation's total unrestricted expenditure. The principle behind this component is that organisations have more flexibility when using unrestricted compared to restricted funds. The UFAP stands at 0.02 per cent of an organisation's unrestricted expenditure.

c) The out of London reduction

The 'out of London reduction' constitutes a percentage reduction on the base fee plus the UFAP fee and is calculated based on the member's distance from London. It takes account of consistent member feedback and recognises that members located outside of London incur additional staff and travel costs to use Bond's services or attend meetings.

Distance from London	Percentage reduction on total fees
M25 - 150 miles	5%
150 - 300 miles	10%
300 miles or more	15%

Worked example

Organisation X has a total expenditure of £4m, of which £1m is unrestricted. It is based 125m outside of London. Its membership fee would be:

Base fee (category D)	£875
Plus UFAP @ 0.02% (ie. £1 million x 0.0002)	£200
Subtotal	£1,075
Less distance from London (5%)	£54
Membership fee	£1,021

2) Associate membership fee calculation

Bond associate members are placed in categories based on their total annual expenditure and charged 50% of the full member base fee. You can view the membership categories and full member base fees here.