FORMAN CHARITABLE TRUST
The provision of grants and financial assistance for:- prevention and relief of poverty or hardship of those in need- advancement of Jewish education and faith in accordance with the doctrines and tenets of Judaism.- promotion, support and advancement of the visual and performing arts and community participation in healthy recreation and amateur sports
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £1,099,215, supported by significant investment gains of £62,310. The trustees report no overhead costs and a policy to distribute funds as needed, resulting in low administrative expenditure of £3,031 against total income of £176,200.
What the accounts disclose
“The charity's policy is to distribute funds held as they are needed.”
Trustees
- MR STEPHEN JOHN FORMANchair
- ADAM ROBERT FORMAN
- BARBARA LINDA FORMAN
- BENJAMIN LEON FORMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £176k | £33k |
| 31/03/2024 | £79k | £30k |
| 31/03/2023 | £46k | £15k |
| 31/03/2022 | £118k | £23k |
| 31/03/2021 | £36k | £20k |
Common questions
Is FORMAN CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £1,099,215, supported by significant investment gains of £62,310. The trustees report no overhead costs and a policy to distribute funds as needed, resulting in low administrative expenditure of £3,031 against total income of £176,200. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EZER VIZNITZ FOUNDATION | 1 | £2.7m |
| DOVER SHOLEM COMMUNITY TRUST | 1 | £822k |
| THE TALMUD TORAH MACHZIKEI HADASS TRUST | 1 | £677k |
| BELZ FOUNDATION LTD | 1 | £621k |
| AMABRILL LTD | 1 | £394k |
| SF FOUNDATION | 1 | £360k |
| COSMON (BELZ) LIMITED | 1 | £304k |
| Grand Belz Ltd. | 1 | £282k |
Charities like this
- J E JOSEPH CHARITABLE FUND
- KTRUST LIMITED
- KUPAT YISMACH LEV
- B K CHARITABLE TRUST
- MORESHET HATORAH LTD
- UTRY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FORMAN CHARITABLE TRUST | £176k | — | 0 | unclear | — | no doubt |
| J E JOSEPH CHARITABLE FUND | £130k | — | 0 | below | — | no doubt |
| KTRUST LIMITED | £240k | Under £60,000 | 0 | unclear | — | no doubt |
| KUPAT YISMACH LEV | £363k | — | 0 | unclear | — | no doubt |
| B K CHARITABLE TRUST | £206k | — | 0 | below | — | no doubt |
| MORESHET HATORAH LTD | £5.6m | — | 0 | below | — | no doubt |