ROTHSCHILD FOUNDATION (HANADIV) EUROPE
The Foundation is established to advance any charitable purpose and to benefit any charity as the trustees in their discretion think fit, primarily by the provision of grants and loans for such charitable purposes which are for the benefit of the Jewish community either in Israel or elsewhere in the world.
Financial health, per its FY2024 accounts
The accounts state that the charity maintained a nil level of free reserves, having expended endowment to cover a deficit on the unrestricted income fund. Total reserves stood at £132,954,048, derived primarily from an expendable endowment fund invested in a portfolio valued at £138.0 million. The trustees consider there are no material uncertainties about the charity's ability to continue as a going concern.
What the accounts disclose
“During the year ended 31 December 2024 the Foundation made grants in excess of its income, making good the difference from its expendable endowment and leaving a nil level of free reserves, as per the definition stated by the Charity Commission.” — page 9
“The Foundation rents the office premises at 14 St James’s Place, London, from entities of which the President was a trustee. In 2024 the rent, rates and service charges amounted to £153,378 (2023: £119,857). The property costs were reviewed by an independent expert and found to be reasonable and at normal market rates.” — page 26
Corporate structure
- Registered company of the charity Companies House 03948898
Company officers (Companies House)
- DE ROTHSCHILD, Pierre Noe Gennaro not on trustee list
- DIAMOND, Rachel Elisabeth on trustee list
- ROTHSCHILD, Alice Miranda on trustee list
- AVIGDORI, Ben Jack on trustee list
- FRIED, Bradley, Sir on trustee list
- COBBOLD, Nicola Josephine on trustee list
- LOFTUS, Nicole Caren on trustee list
- LANDAU, David, Dr on trustee list
- MASTERTON, Ludmila
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Bradley Friedchair
- Alice Miranda Rothschild
- Ben Jack Avigdori
- David Landau
- Nicola Caren Loftus
- Nicola Josephine Cobbold
- Pierre Noe Gennaro De Rothschild
- Rachel Elisabeth Diamond
- The Honourable Beth Rothschild
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £562k | £8.5m |
| 31/12/2023 | £205k | £8.4m |
| 31/12/2022 | £1.0m | £8.9m |
| 31/12/2021 | £486k | £7.6m |
| 31/12/2020 | £42k | £7.4m |
Common questions
Is ROTHSCHILD FOUNDATION (HANADIV) EUROPE financially healthy?
Per its FY2024 accounts: The accounts state that the charity maintained a nil level of free reserves, having expended endowment to cover a deficit on the unrestricted income fund. Total reserves stood at £132,954,048, derived primarily from an expendable endowment fund invested in a portfolio valued at £138.0 million. The trustees consider there are no material uncertainties about the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 2 | £2.0m |
| WISEHEIGHTS LIMITED | 1 | £755k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| BRUSHMILL LIMITED | 1 | £5k |
Charities like this
- J E JOSEPH CHARITABLE FUND
- SF FOUNDATION
- OIZER CHARITABLE TRUST
- ELLINSON FOUNDATION LIMITED
- SHEMTOV CHARITABLE TRUST
- THE PEIRES FAMILY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | £562k | — | — | below | — | no doubt |
| J E JOSEPH CHARITABLE FUND | £130k | — | 0 | below | — | no doubt |
| SF FOUNDATION | £7.7m | — | 0 | above | — | no doubt |
| OIZER CHARITABLE TRUST | £955k | — | 0 | unclear | — | no doubt |
| ELLINSON FOUNDATION LIMITED | £397k | — | 0 | unclear | — | no doubt |
| SHEMTOV CHARITABLE TRUST | £738k | — | 0 | unclear | — | no doubt |