SCHASS FOUNDATION
The charity makes grants to various organisations involved in education, relief of poverty and religious activities.
Objects
SUCH CHATITABLE PURPOSES AS THE TRUSTEES OF THE SAID FOUNDATION MAY FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £23,391 for the year, driven by £84,567 in investment income and £500 in donations. Free reserves decreased from £20,811 to £7,970, with the trustees considering this level acceptable given the charity's limited financial obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity received £500 (2024: nil) in donation income and £84,567 (2024: £84,567) in investment income.” — page 5
“In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve practical for donations which are seasonal.” — page 5
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
Trustees
- SIMON BAMBERGERchair
- Boruch Meir Bamberger
- SHULAMITH BAMBERGER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £85k | £62k |
| 31/03/2024 | £52k | £60k |
| 31/03/2023 | £102k | £73k |
| 31/03/2022 | £85k | £57k |
| 31/03/2021 | £59k | £50k |
Common questions
Is SCHASS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £23,391 for the year, driven by £84,567 in investment income and £500 in donations. Free reserves decreased from £20,811 to £7,970, with the trustees considering this level acceptable given the charity's limited financial obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BESIYATA | 2 | £35k |
| THE MUSIC IN SECONDARY SCHOOLS TRUST | 1 | £79k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £54k |
| THE HELPING FOUNDATION | 1 | £26k |
| NER FOUNDATION | 1 | £15k |
| PARKWATER FOUNDATION | 1 | £10k |
| MW (GK) FOUNDATION | 1 | £3k |
| BHM CHARITABLE TRUST | 1 | £2k |
Charities like this
- BCH TRUST
- THE CHARIS TRUST
- THE SACHS FOUNDATION
- THE SANZ FOUNDATION
- THE RASCHE FAMILY CHARITABLE TRUST
- ESSA FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SCHASS FOUNDATION | £85k | — | 0 | unclear | — | no doubt |
| BCH TRUST | £237k | — | 0 | unclear | — | no doubt |
| THE CHARIS TRUST | £591k | — | 0 | unclear | — | no doubt |
| THE SACHS FOUNDATION | £103k | — | — | above | — | no doubt |
| THE SANZ FOUNDATION | £356k | Under £60,000 | 0 | unclear | — | no doubt |
| THE RASCHE FAMILY CHARITABLE TRUST | £143k | — | 0 | unclear | — | no doubt |