PORATH YOSEPH FUND (MIDEAS PORETH YUSUFF)

Registered charity 273095 · accounts filings on the Charity Commission register

The Trust directs the Trustees shall apply the income of the Charity for the maintenance, upkeep and benefit of the Institution in Israel known as Midrash Porat Yosef, established and dedicated for the benefit of the Jewish community in Jerusalem.

Objects

THE MAINTENANCE UPKEEP AND BENEFIT OF THE INSTITUTION STIUATE IN JERUSALEM IN ISRAEL KNOWN AS MIDRASH PORATH YOSEF ESTABLISHED AND DEDICATED FOR THE BENEFIT OF THE JEWISH COMMUNITY IN JERUSALEM.

Area of benefit: JERUSALEM ISRAEL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Religious Activities · Get email alerts

Latest income
£38k
Latest spending
£96k
Registered
1977
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted funds of $1,575,788 (Fund Number One) and $1,118,850 (Fund Number Two), with a reserves policy to maintain minimum reserves to cover income fluctuations. The trustees report that the charity is managed with a view to continuing its activities in the future, and there are no material uncertainties regarding its ability to continue.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: minimum reserve to cover fluctuations in income (held: £1.6m)
“The Trustees’ policy is to maintain a minimum reserve to cover fluctuations in income.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 13 Debtors
“Other debtors include an amount of $400,000 (2023: $400,000) due from Midrash Porat Yosef.” — page 11
“Other creditors include an amount of $163,949 (2023: $163,949) due to the Porat Yosef Fund Number Two Account.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 14 Creditors
“Other debtors include an amount of $400,000 (2023: $400,000) due from Midrash Porat Yosef.” — page 11
“Other creditors include an amount of $163,949 (2023: $163,949) due to the Porat Yosef Fund Number Two Account.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Israel

Income and spending

Financial year endIncomeSpending
31/12/2024£38k£96k
31/12/2023£39k£179k
31/12/2022£39k£19k
31/12/2021£28k£14k
31/12/2020£32k£11k

Common questions

Is PORATH YOSEPH FUND (MIDEAS PORETH YUSUFF) financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds of $1,575,788 (Fund Number One) and $1,118,850 (Fund Number Two), with a reserves policy to maintain minimum reserves to cover income fluctuations. The trustees report that the charity is managed with a view to continuing its activities in the future, and there are no material uncertainties regarding its ability to continue. Its FY2024 accounts were independently examined.