TECHNION UK
Promoting interest in and raising funds for Technion - Israel Institute of Science and Technology in Haifa Israel.
Objects
THE ADVANCEMENT OF EDUCATION IN TH ENGINEERING AND ARCHITECTURAL SCIENCES, TECHNOLOGY AND KINDRED SUBJECTS, AND IN PARTICULAR BY:(A) FOSTERING RELATIONS BETWEEN THE ISRAEL INSTITUTE OF TECHNOLOGY HAIFA ("THE TECHNION") AND RELEVANT CIRCLES IN GREAT BRITAIN FOR THE PURPOSE OF FACILITATING THE EXCHANGE EOF LECTURERS AND RESEARCH WORKERS IN AND STUDENTS OF THE SUBJECTS STUDIED AT THE TECHNION; (B) SUPPORTING THE WORK AND FURTHERING THE DEVELOPMENT OF THE TECHNION; AND (C) PROMOTING THE ACQUISITION OF SPECIES OF KNOWLEDGE OF THE TECHNION.
Financial health, per its FY2025 accounts
The charity reported a net deficit of £275,979 for the year ended 31 December 2025, a significant deterioration from the previous year's deficit of £256,052. Total income fell sharply to £738,744 from £1,805,466, primarily due to the absence of large legacies received in the prior year. Despite the deficit, the charity maintains unrestricted reserves of £174,149 and the trustees consider it a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible assets (‘the free reserves’) held by the charity should be at a level to continue the current activities in the event of a significant drop in funding.” — page 5
“None of the trustees (or any persons connected with them) received any remuneration during the year with the exception of Alan Aziz who was paid a fee of £90,000 (2024: £90,000) for his services managing the charity on a day to day basis.” — page 20
“During the year, trustees made donations to the charity totalling £6,900 (2024: £nil). Trustees also paid £4,370 (2024: £nil) to the charity in relation to participation in a charity-organised trip.” — page 25
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 12
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 12
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 20
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 31/12/2024 (received 03/11/2025, 3 days after the 31/10/2025 due date); year ending 31/12/2022 (received 27/02/2024, 119 days after the 31/10/2023 due date); year ending 31/12/2021 (received 27/03/2023, 147 days after the 31/10/2022 due date).
Structured financials (annual return, FY ending 31/12/2025)
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £739k | £1.2m |
| 31/12/2024 | £1.8m | £2.1m |
| 31/12/2023 | £1.4m | £967k |
| 31/12/2022 | £417k | £874k |
| 31/12/2021 | £446k | £1.7m |
Common questions
Is TECHNION UK financially healthy?
Per its FY2025 accounts: The charity reported a net deficit of £275,979 for the year ended 31 December 2025, a significant deterioration from the previous year's deficit of £256,052. Total income fell sharply to £738,744 from £1,805,466, primarily due to the absence of large legacies received in the prior year. Despite the deficit, the charity maintains unrestricted reserves of £174,149 and the trustees consider it a going concern with adequate resources for the foreseeable future. Its FY2025 accounts were audited by HW Fisher Audit.
Who funds TECHNION UK?
Funders whose own accounts filings name TECHNION UK as a grant recipient include CRAPS CHARITABLE TRUST, THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION, THE PHILLIPS FAMILY CHARITABLE TRUST, THE MICHAEL AND ANNA WIX CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CRAPS CHARITABLE TRUST | FY2021 | £25k | |
| CRAPS CHARITABLE TRUST | FY2022 | £25k | |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | FY2026 | £10k | |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | FY2024 | £10k | |
| CRAPS CHARITABLE TRUST | FY2025 | £5k | |
| CRAPS CHARITABLE TRUST | FY2024 | £5k | |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | FY2025 | Unverified read£5k | |
| THE PHILLIPS FAMILY CHARITABLE TRUST | FY2021 | £1k | |
| THE MICHAEL AND ANNA WIX CHARITABLE TRUST | FY2026 | £200 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/07/2005 | £5k | Roadshow 2005 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SCHREIBER CHARITABLE TRUST | 1 | £388k |
| BOURNEHEIGHTS LIMITED | 1 | £274k |
| PRISM THE GIFT FUND | 1 | £200k |
| THE BLUSTON CHARITABLE SETTLEMENT | 1 | £150k |
| THE SYBIL SHINE MEMORIAL TRUST | 1 | £150k |
| PETER DUBENS FAMILY FOUNDATION | 1 | £127k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £112k |
| DONATING CHARITY LIMITED | 1 | £82k |
Charities like this
- KANFEI YONA CHARITABLE TRUST
- THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY
- SCIENCE PROJECTS
- TORAH CENTRE TSHEBIN ASSOCIATION
- THE TELZ TALMUDICAL ACADEMY AND TALMUD TORAH TRUST
- THE WEIZMANN INSTITUTE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TECHNION UK | £739k | — | — | unclear | — | no doubt |
| KANFEI YONA CHARITABLE TRUST | £25k | — | 0 | unclear | — | no doubt |
| THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY | £334k | — | 0 | unclear | — | no doubt |
| SCIENCE PROJECTS | £1.2m | — | — | unclear | — | no doubt |
| TORAH CENTRE TSHEBIN ASSOCIATION | £53k | — | 0 | unclear | — | no doubt |
| THE TELZ TALMUDICAL ACADEMY AND TALMUD TORAH TRUST | £480k | — | 0 | unclear | — | noted |