THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £68,486,677, driven by net gains on investments of £4,574,776 which offset a net outflow from operations. The trustees consider the level of reserves adequate to maintain prevailing charitable expenditure and confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“In line with the Trustees' intention to maintain the prevailing level of charitable expenditure, the level of reserves held of £68,486,677 (2023 - £64,294,621) is considered adequate, taking into account a number of factors.” — page 5
“During the year, a grant of £225,000 (2023 - £200,000) was made to the Tony Coren Gategi Project, of which Anthony Coren, a Trustee of the Charity, is also a Board member. Anthony Coren was not involved in the discussions relating to this grant. There are no balances outstanding at 5 April 2024. Page 33” — page 35
Structured financials (annual return, FY ending 05/04/2025)
Register events
- Received assets from another charity (24/07/2024)
Trustees
- ANTHONY COREN
- David Esterkin
- GRAHAM WEINBERG FCA
- Gabriel Blauer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.4m | £3.9m |
| 05/04/2024 | £1.4m | £2.6m |
| 05/04/2023 | £60.4m | £1.6m |
| 05/04/2022 | £3.0m | £183k |
| 05/04/2021 | £72k | £108k |
Common questions
Is THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION financially healthy?
The accounts state that total funds increased to £68,486,677, driven by net gains on investments of £4,574,776 which offset a net outflow from operations. The trustees consider the level of reserves adequate to maintain prevailing charitable expenditure and confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by MHA Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNSEEN (UK) | 1 | £10k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £3k |