THE JACOB FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the group reported a net deficit of £71,841 for the year ended 31 December 2024, resulting in a total net liability position of £78,523. The trustees confirm that the financial position is satisfactory and that they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the Council of Management think appropriate after considering the future commitments of the charity and the likely governance costs of the charity for the next year.” — page 6
“During the period, donations aggregating £10,000 were received from a Trustee. No conditions were attached to any of the donations received.” — page 25
“Amounts owed by group undertakings (Note 17) represents a loan of £700,000 due from The Jewish News Limited. The loan bears interest at 1% and is repayable on 29th April 2026.” — page 25
“During the period, donations aggregating £10,000 were received from a Trustee. No conditions were attached to any of the donations received.” — page 25
“Amounts owed by group undertakings (Note 17) represents a loan of £700,000 due from The Jewish News Limited. The loan bears interest at 1% and is repayable on 29th April 2026.” — page 25
“The charity owns the entire share capital of an operating subsidiary The Jewish News Ltd” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ALAN JACOBS
- Andrew Michael Hart
- David Kershaw
- Fiyaz Mughal OBE
- Graham Goodkind
- Lord John Mann
- Michael Freer
- Robert Gibber
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.1m |
| 31/12/2023 | £1.3m | £1.2m |
| 31/12/2022 | £247k | £10k |
| 31/12/2021 | £239k | £49k |
| 30/09/2020 | £216k | £972k |
Common questions
Is THE JACOB FOUNDATION financially healthy?
The accounts state that the group reported a net deficit of £71,841 for the year ended 31 December 2024, resulting in a total net liability position of £78,523. The trustees confirm that the financial position is satisfactory and that they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Cohen Arnold.
Who funds THE JACOB FOUNDATION?
Funders whose own accounts filings name THE JACOB FOUNDATION as a grant recipient include RACHEL CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| RACHEL CHARITABLE TRUST | FY2023 | £50k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRAND CHARITY | 1 | £6.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £275k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £40k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £26k |
| RONTADES LIMITED | 1 | £25k |
| ATTEND | 1 | £10k |
| BEIS KOSOV | 1 | £9k |