BRITISH FRIENDS OF THE BIBLE LANDS MUSEUM, JERUSALEM
The charity's aims are to support the Bible Lands Museum in Jerusalem. It does this by administering the trust fund and its income and applying them for the furtherance of education. The policies adopted in furtherance of these objects are to distribute the funds as and when the trustees see fit.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £6,432,176, a decrease from the previous year's £10,190,090, largely due to a £4,025,000 revaluation loss on investment properties. The trustees report adequate resources to continue operations and confirm no material uncertainties exist regarding going concern. The charity holds no employees and relies on investment income to fund its charitable grants.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the forthcoming year.” — page 4
“Trustees are not remunerated. The trust deed includes a professional charging clause permitting remuneration of trustees who are solicitors, accountants and other professionals. A Noam, a trustee who resigned on 1 November 2024 is a director of Novest Limited which provides property advise to the charity's property investment subsidiary, Gilgamesh (Broxbourne & Portslade) Limited at a cost of £Nil (2023- £6,600).” — page 25
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- BATYA BOROWSKIchair
- Dr Daniel Eilon
- RICHARD KAUFMAN
- Zvi Nixon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £833k |
| 31/03/2024 | £1.2m | £971k |
| 31/03/2023 | £1.1m | £933k |
| 31/03/2022 | £1.1m | £808k |
| 31/03/2021 | £1.2m | £782k |
Common questions
Is BRITISH FRIENDS OF THE BIBLE LANDS MUSEUM, JERUSALEM financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £6,432,176, a decrease from the previous year's £10,190,090, largely due to a £4,025,000 revaluation loss on investment properties. The trustees report adequate resources to continue operations and confirm no material uncertainties exist regarding going concern. The charity holds no employees and relies on investment income to fund its charitable grants. Its FY2024 accounts were audited by Harold Everett Wreford LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COL-RENO LIMITED | 2 | £42k |
| BETTENHURST CHARITY LIMITED | 2 | £21k |
| The Gerald and Gail Ronson Family Foundation | 1 | £1.6m |
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £900k |
| THE MARCUS MARGULIES CHARITABLE TRUST | 1 | £767k |
| THE EXILARCH'S FOUNDATION | 1 | £641k |
| SCHREIBER CHARITABLE TRUST | 1 | £388k |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £355k |
Charities like this
- THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST
- THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY
- BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL
- BRITISH FRIENDS OF BOYS TOWN JERUSALEM
- FRIENDS OF EIDAH CHAREIDIS ORTHODOX COUNCIL OF JERUSALEM
- THE JERUSALEM FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRITISH FRIENDS OF THE BIBLE LANDS MUSEUM, JERUSALEM | £1.3m | — | 0 | above | — | no doubt |
| THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST | £134k | — | 0 | above | — | no doubt |
| THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY | £334k | — | 0 | unclear | — | no doubt |
| BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL | £1.7m | — | 0 | unclear | — | no doubt |
| BRITISH FRIENDS OF BOYS TOWN JERUSALEM | £703k | — | 0 | unclear | — | no doubt |
| FRIENDS OF EIDAH CHAREIDIS ORTHODOX COUNCIL OF JERUSALEM | £215k | — | 0 | unclear | — | no doubt |