THE HELPING FOUNDATION
Latest income
£34.8m
Latest spending
£16.1m
Registered
2004
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £419,363,312 at the year end, with the Trustees noting that these funds are maintained at a suitable level to manage investments and grant payments. The charity reported a net increase in funds of £17,008,721 for the year, driven by significant investment income and donations, while incurring no material fundraising costs.
What the accounts disclose
Reserves policy: a suitable level that enables them to manage the investments of the charity whilst maintaining appropriate grant payment levels and not compromising the cash flow of the charity (held: £419.4m)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a suitable level that enables them to manage the investments of the charity whilst maintaining appropriate grant payment levels and not compromising the cash flow of the charity.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: A.W. Charitable Trust, connected to trustee Mr A Weis, was owed £nil (2023: £2,029,320) as at the year end. The loan balance was repaid in full.
“A.W. Charitable Trust, which is connected to trustee Mr A Weis, was owed fnil (2023: £2,029,320) as at the year end. The loan balance was repaid in full. The loan was repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
“Combined Property Control, which is connected to trustee Mr A Weis, was owed £1,693,354 (2023: £219,307) by the charity as at the year end. The loan is repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Combined Property Control, connected to trustee Mr A Weis, was owed £1,693,354 by the charity as at year end. The loan was repayable on demand with no interest charged.
“A.W. Charitable Trust, which is connected to trustee Mr A Weis, was owed fnil (2023: £2,029,320) as at the year end. The loan balance was repaid in full. The loan was repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
“Combined Property Control, which is connected to trustee Mr A Weis, was owed £1,693,354 (2023: £219,307) by the charity as at the year end. The loan is repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr A Weis, a trustee, made donations of £6,400,000 to the charity during the year.
“A.W. Charitable Trust, which is connected to trustee Mr A Weis, was owed fnil (2023: £2,029,320) as at the year end. The loan balance was repaid in full. The loan was repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
“Combined Property Control, which is connected to trustee Mr A Weis, was owed £1,693,354 (2023: £219,307) by the charity as at the year end. The loan is repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: British Friends of Ezrat Yisrael Kiryat Sefer, connected to trustee Mr D Neuwirth, received £2,514,216 in charitable donations.
“A.W. Charitable Trust, which is connected to trustee Mr A Weis, was owed fnil (2023: £2,029,320) as at the year end. The loan balance was repaid in full. The loan was repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
“Combined Property Control, which is connected to trustee Mr A Weis, was owed £1,693,354 (2023: £219,307) by the charity as at the year end. The loan is repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr A Weis, a trustee, sold property to the charity for £16,500,000.
“A.W. Charitable Trust, which is connected to trustee Mr A Weis, was owed fnil (2023: £2,029,320) as at the year end. The loan balance was repaid in full. The loan was repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
“Combined Property Control, which is connected to trustee Mr A Weis, was owed £1,693,354 (2023: £219,307) by the charity as at the year end. The loan is repayable on demand and no interest was charged in the year with no security on the debt.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 05070736
Structured financials (annual return, FY ending 31/12/2024)
Total income
£34.8m
Total spending
£16.1m
Cost of raising funds
£1.7m
Reserves (reported)
£419.4m
Employees
0
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £34.8m | £16.1m |
| 31/12/2023 | £25.8m | £18.9m |
| 31/12/2022 | £21.1m | £17.6m |
| 31/12/2021 | £35.7m | £19.1m |
| 31/12/2020 | £21.4m | £17.9m |
Common questions
Is THE HELPING FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £419,363,312 at the year end, with the Trustees noting that these funds are maintained at a suitable level to manage investments and grant payments. The charity reported a net increase in funds of £17,008,721 for the year, driven by significant investment income and donations, while incurring no material fundraising costs. Its FY2024 accounts were audited by Lopian Gross Barnett & Co.
Who funds THE HELPING FOUNDATION?
Funders whose own accounts filings name THE HELPING FOUNDATION as a grant recipient include THE REISNER CHARITABLE FOUNDATION LTD.
Shared trustees with funders
- DAVID NEUWIRTH — trustee here and at THE REISNER CHARITABLE FOUNDATION LTD
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE REISNER CHARITABLE FOUNDATION LTD | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £512k |
| THE MELOW CHARITABLE TRUST | 1 | £239k |
| JEREMY ALEXANDER SETTLEMENT | 1 | £119k |
| CROWNHOST LIMITED | 1 | £85k |
| ZICHRON MEIR LIMITED | 1 | £40k |
| GEFEN FOUNDATION | 1 | £32k |
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| MELCREN LIMITED | 1 | £23k |