MRS ELDA CARAPIET'S 1961 SETTLEMENT
To benefit Armenian Patriarchate of Jerusalem for the purpose of the education and advancement in life of Armenian children.
Objects
PAY THE INCOME ARISING FROM THE TRUST FUND TO THE ARMENIAN PATRIARCHATE OF JERUSALEM.TO PAY OR APPLY THE SAME AS THE SAID PATRIARCHATE OF JERUSALEM IN PALESTINE SHALL DIRECT FOR THE PURPOSE OF THE EDUCATION AND ADVANCEMENT IN LIFE OF ARMENIAN CHILDREN OR FOR SUCH OTHER CHARITABLE PURPOSE OR PURPOSES AS THE SAID PATRIARCHATE MAY CONSIDER ALLIED THERETO.
Financial health, per its FY2025 accounts
The accounts state that free reserves increased to £109,361 from £81,695 in the prior year, supported by investment income of £774,223. The charity holds an expendable endowment valued at £1,230,620 and maintains a policy of keeping free reserves to cover future needs and contingencies. No grants were awarded during the period, and the independent examiner reported no material concerns regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 29/04/2026
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 29/04/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 29/04/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 29/04/2026 | £18k | £130k |
| 29/04/2025 | £36k | £13k |
| 29/04/2024 | £32k | £11k |
| 29/04/2023 | £27k | £6k |
| 29/04/2022 | £19k | £6k |
Common questions
Is MRS ELDA CARAPIET'S 1961 SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that free reserves increased to £109,361 from £81,695 in the prior year, supported by investment income of £774,223. The charity holds an expendable endowment valued at £1,230,620 and maintains a policy of keeping free reserves to cover future needs and contingencies. No grants were awarded during the period, and the independent examiner reported no material concerns regarding the accounts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Gerald and Gail Ronson Family Foundation | 1 | £1.6m |
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £900k |
| THE MARCUS MARGULIES CHARITABLE TRUST | 1 | £766k |
| THE EXILARCH'S FOUNDATION | 1 | £641k |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £355k |
| RONTADES LIMITED | 1 | £300k |
| THE MAURICE AND VIVIENNE WOHL PHILANTHROPIC FOUNDATION | 1 | £180k |
| PRISM THE GIFT FUND | 1 | £173k |
Charities like this
- THE EDDLESTON SETTLEMENT
- THE JERUSALEM FOUNDATION
- CHASDEI YITZOK CHARITIES LIMITED
- PREMIERQUOTE LIMITED
- THE PRAFARATA FOUNDATION
- ELPOLD CHARITIES LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MRS ELDA CARAPIET'S 1961 SETTLEMENT | £18k | — | 0 | unclear | — | no doubt |
| THE EDDLESTON SETTLEMENT | £34k | — | 0 | unclear | — | no doubt |
| THE JERUSALEM FOUNDATION | £5.3m | — | 0 | below | 1.1% | no doubt |
| CHASDEI YITZOK CHARITIES LIMITED | £203k | — | 0 | unclear | — | no doubt |
| PREMIERQUOTE LIMITED | £1.3m | — | 0 | above | — | no doubt |
| THE PRAFARATA FOUNDATION | £38k | — | 0 | unclear | — | no doubt |