WORLD ORT TRUST
The Charity's principal activity is providing World ORT with grants so that it can carry out education and training worldwide. The Charity also lets out space in its London office which is surplus to operational requirements.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at $5,457,644, which is below the stated policy target of six to twelve months' expenditure. However, the trustees consider the charity to have sufficient resources to continue its activities for the foreseeable future, citing consistent increases in rental income.
What the accounts disclose
“There were no employees whose annual remuneration was more than $60,000.” — page 23
“Income from donations was $450,021 (2023: $1,283,314) of which $450,000 (2023: $1,280,720) was for restricted purposes.” — page 5
“The general 'free' unrestricted reserves amount to $5,457,644 (2023: $6,147,819).” — page 6
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- RICHARD HATTER
- Simon Julian Alberga
- Simon Laurence Bernstein
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £582k | £1.1m |
| 31/12/2023 | £1.1m | £1.2m |
| 31/12/2022 | £306k | £5.5m |
| 31/12/2021 | £7.0m | £371k |
| 31/12/2020 | £936k | £670k |
Common questions
Is WORLD ORT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at $5,457,644, which is below the stated policy target of six to twelve months' expenditure. However, the trustees consider the charity to have sufficient resources to continue its activities for the foreseeable future, citing consistent increases in rental income. Its FY2024 accounts were audited by RDP Newmans LLP.
What does the highest-paid employee of WORLD ORT TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds WORLD ORT TRUST?
Funders whose own accounts filings name WORLD ORT TRUST as a grant recipient include THE HAROLD HYAM WINGATE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HAROLD HYAM WINGATE FOUNDATION | FY2025 | £18k | |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2022 | £18k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 3 | £418k |
| AMABRILL LTD | 2 | £449k |
| SABENO LIMITED | 2 | £43k |
| WOODLANDS GREEN LTD | 2 | £14k |
| EZER VIZNITZ FOUNDATION | 1 | £2.7m |
| DOVER SHOLEM COMMUNITY TRUST | 1 | £822k |
| THE TALMUD TORAH MACHZIKEI HADASS TRUST | 1 | £677k |
| BELZ FOUNDATION LTD | 1 | £621k |
Charities like this
- ORT UK FOUNDATION
- B E PERL CHARITABLE TRUST
- APPRIS CHARITY LIMITED
- FRIENDS OF YESHIVAS TORAH OHR
- MORESHET HATORAH LTD
- JEWISH TEACHERS' TRAINING COLLEGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WORLD ORT TRUST | £582k | Under £60,000 | 0 | below | — | no doubt |
| ORT UK FOUNDATION | £848k | — | — | unclear | — | no doubt |
| B E PERL CHARITABLE TRUST | £3.0m | — | 0 | unclear | — | no doubt |
| APPRIS CHARITY LIMITED | £3.7m | £90,001 - £100,000 | — | above | — | no doubt |
| FRIENDS OF YESHIVAS TORAH OHR | £311k | — | 0 | above | — | no doubt |
| MORESHET HATORAH LTD | £5.6m | — | 0 | below | — | no doubt |