The BP Helios Fund
Helping those experiencing hardship
The bp Helios Fund was set up in 1990 to help former employees of bp’s UK based companies.
Today, it’s aim remains the same, to provide financial help to those in hardship.This help can take the form of home repairs, paying for mobility equipment, hardship grants or paying for many other things that might be needed.
The bp Helios Fund was originally called the BP Benevolent Fund. It is an independent registered charity, overseen by a board of trustees consisting of current and former bp employees. bp established the fund with an initial grant of £1 million in 1990. Over the years, this has been invested, and the proceeds from the investment have been used to provide grants.
Over the last two years the Fund has been through a major modernisation programme, with the aim of providing substantially more support. Annual grants have grown from 20-40 per year to more than 100 in 2024.
In late 2023 the Fund, with additional support from bp, agreed to provide a one-off Cost-of-Living Assistance Grant (COLAG). This offer was taken up by over 5400 bp pensioners. Applications for this grant closed at the end of March 2024, and all eligible cases have now been settled.
If you would like to know more about what the Fund can do for you, you can speak to your Pensioner Liaison Officer (for those who are retired), or you can contact the administrator directly by phone or email.
