EZER VIZNITZ FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £141,856 for the year ended 31 March 2024, resulting in free unrestricted reserves of £48,418. The trustees note that they have not established a specific reserves policy target but consider 12 months of administrative costs to be ideal, and are actively pursuing funding to ensure financial stability. Despite the deficit, the auditors confirmed that the charity is a going concern with no material uncertainties regarding its ability to continue operations.
What the accounts disclose
“The trustees consider that the ideal level of reserves as at 31 March 2024 would be would be 12 months of administrative costs.” — page 4
Charity Commission inquiry
“evidence that they have issued cheques which were then exchanged for cash”
“investigate how trustees had oversight of what happened to funds exchanged for the cheques, and if this cash has been used properly”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CHANOICH MULLERchair
- Rachel Stern
- YAKOV BABAD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.7m | £4.9m |
| 31/03/2024 | £4.1m | £4.2m |
| 31/03/2023 | £3.8m | £3.6m |
| 31/03/2022 | £3.2m | £2.9m |
| 31/03/2021 | £930k | £1.2m |
Common questions
Is EZER VIZNITZ FOUNDATION financially healthy?
The accounts state that the charity reported a net deficit of £141,856 for the year ended 31 March 2024, resulting in free unrestricted reserves of £48,418. The trustees note that they have not established a specific reserves policy target but consider 12 months of administrative costs to be ideal, and are actively pursuing funding to ensure financial stability. Despite the deficit, the auditors confirmed that the charity is a going concern with no material uncertainties regarding its ability to continue operations. Its FY2024 accounts were audited by Raffingers LLP.
Who funds EZER VIZNITZ FOUNDATION?
Funders whose own accounts filings name EZER VIZNITZ FOUNDATION as a grant recipient include GILMOOR BENEVOLENT FUND LIMITED, PARKWILL LIMITED, KOLLEL AND CO LIMITED, ZICHRON MEIR LIMITED, FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UOHC FOUNDATION LTD | 2 | £55k |
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 2 | £33k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 2 | £10k |
| PAGET C.I.O. | 2 | £6k |
| BOURNEHEIGHTS LIMITED | 1 | £305k |
| GIVE US A CHANCE | 1 | £167k |
| ZLOTCHIV | 1 | £157k |
| INVESTREAM CHARITABLE TRUST | 1 | £83k |