THE ELIEZER FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £29,860 for the year, resulting in a decrease in total funds from £3,728,224 to £3,698,364. The charity holds unrestricted distributable reserves of £2,278,022 and non-distributable reserves of £1,420,342, primarily arising from property revaluations. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees intend to continue to retain a significant proportion of the original donation received from The Joshua Trust in a prior year and donate the income received therefrom to charitable beneficiaries.” — page 5
“During the year the Charity received donations of £20,000 (2023: £22,000) from The Joshua Trust its original benefactor.” — page 15
Trustees
- BEATRIX GRUSSGOTT
- CHARLOTTE SNYDER
- ROBERT GRUSSGOTT
- SUSANNE SCHREIBER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £267k | £297k |
| 31/12/2023 | £247k | £195k |
| 31/12/2022 | £226k | £256k |
| 31/12/2021 | £248k | £157k |
| 31/12/2020 | £235k | £483k |
Common questions
Is THE ELIEZER FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure of £29,860 for the year, resulting in a decrease in total funds from £3,728,224 to £3,698,364. The charity holds unrestricted distributable reserves of £2,278,022 and non-distributable reserves of £1,420,342, primarily arising from property revaluations. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| STARLOW CHARITIES LIMITED | 1 | £70k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |