CHRISTOS LAZARI FOUNDATION
The Trustees have referred to the guidance provided by the Charity Commission on public benefit and its reporting when setting out its aims and objectives and in planning future activities. The aim of the Foundation is to promote charitable causes for public benefit.
Objects
1.1 THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT OF SUCH GENERAL CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR DISCRETION THINK FIT (THE ‘OBJECTS’).1.2 THE OBJECTS WILL BE FURTHERED THROUGH THE APPLICATION OF GRANTS TO INDIVIDUALS OR ORGANISATIONS; AND IN PARTICULAR, BUT WITHOUT LIMITATION:1.2.1 TO THE GREEK ORTHODOX CHURCH AND OTHER FAITH ORGANISATIONS;1.2.2 TO CHARITABLE ORGANISATIONS WITH LINKS TO OR ASSOCIATIONS WITH GREECE OR CYPRUS;1.2.3 FOR THE ADVANCEMENT OF HEALTH THROUGH SCIENTIFIC RESEARCH IN THE UK; AND1.2.4 FOR SUCH OTHER PURPOSE AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £3,253,011, derived from rental income generated by three commercial investment properties valued at £3 million. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient cash reserves and stable rental income to meet liabilities.
What the accounts disclose
“Lazari Investments Management Ltd, again related via virtue of family member ties between directors of the Company and Trustees of the Foundation, undertake all assets and property management activities, pro bono, in respect of the Foundation's property. During the period, Lazari Investments Management provided management services for the investment property pro bono.” — page 29
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Property (HM Land Registry)
Trustees
- ANDRIE LAZARI
- Leonidas Lazari
- MARITSA LAZARI
- NICHOLAS LAZARI
- NICOS PETOUSSIS
- ZOE PROTOPAPAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £399k | £244k |
| 31/03/2024 | £205k | £153k |
| 31/03/2023 | £197k | £201k |
| 31/03/2022 | £195k | £268k |
| 31/03/2021 | £187k | £55k |
Common questions
Is CHRISTOS LAZARI FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £3,253,011, derived from rental income generated by three commercial investment properties valued at £3 million. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient cash reserves and stable rental income to meet liabilities. Its FY2025 accounts were independently examined.
Charities like this
- THE ISRAEL LAZARUS CHARITABLE TRUST
- THE LANCASHIRE FOUNDATION
- SCALABRINI FATHERS COMPANY
- CECIL PILKINGTON CHARITABLE TRUST
- THE CHAILEY CHARITABLE SETTLEMENT
- THE CH FOUNDATION (UK)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHRISTOS LAZARI FOUNDATION | £399k | — | 0 | unclear | — | no doubt |
| THE ISRAEL LAZARUS CHARITABLE TRUST | £34k | — | 0 | above | — | no doubt |
| THE LANCASHIRE FOUNDATION | £764k | — | 0 | above | — | no doubt |
| SCALABRINI FATHERS COMPANY | £860k | — | 0 | unclear | — | no doubt |
| CECIL PILKINGTON CHARITABLE TRUST | £539k | — | 0 | above | — | no doubt |
| THE CHAILEY CHARITABLE SETTLEMENT | £33k | — | 0 | unclear | — | no doubt |