Finance Score: -5

Governance Score: -5

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Spending declining: -1
Fundraising costs high: -2

No conflicts policy: -1
Only 3 Trustees: -2
Narrow trustee age band: -2

No supporters identified

Overall GiG Score: -10

MW (CL) FOUNDATION

To pursue the objects of the charity with all the resources available to the charity.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
This charity does not have a Conflict of Interests policy
There are only 3 trustees
The Board has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £3,201,672 available, equivalent to 158 months of spending and so may not be able to utilise additional funding
Spending is declining
Fundraising costs are high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
30/11/22		£509	£244	£266	£0	£3,202	£3,202	157.6	0
30/11/21		£307	£244	£63	n/a	n/a	n/a	n/a	n/a
30/11/20		£569	£253	£316	£0	£3,667	£3,667	174	0
30/11/19		£550	£277	£273	£0	£3,340	£3,340	144.9	0
30/11/18		£280	£278	£2	£0	£0	£0	n/a	0
30/11/17		£253	£328	£-75	£0	£0	£0	n/a	0
30/11/16		£311	£258	£54	£0	£0	£0	n/a	0
30/11/15		£319	£252	£66	£0	£0	£0	n/a	0
30/11/14		£204	£273	£-70	£0	£0	£0	n/a	0
30/11/13	*	£211	£168	£43	£0	£0	£0	n/a	0
30/11/12		£148	£179	£-31	£0	£0	£0	n/a	0
30/11/11		£203	£216	£-13	£0	£0	£0	n/a	0
30/11/10		£706	£40	£665	£6	£2,846	£2,846	851	0

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Financial Ratios

Fundraising Costs/Relevant Income: 22.4%
Fundraising Costs/Total Spending: 28.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 2%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 157.6 months
Net Current Assets/Spending: 5 months
Quick Ratio: 2

Asset Split ?

Established: 14 years

02084582933

Charity Commission for England and Wales

Listed activities

Education/Training
General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides other finance

Where it operates

Throughout England,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Age Range of Trustees: 65-72

GERALD LEWIN Appointed: 2022, Occupation: Company Director, Other trusteeships: (TRUST PROPERTY HELD IN CONNEXION WITH) ADATH YISROEL SYNAGOGUE, THE THEO REDCLIFFE MEMORIAL FUND, FRIENDS OF THE RABBINICAL COLLEGE KOL TORA JERUSALEM, THE EDITH AND MANFRED LEWIN MEMORIAL FUND, ZICHRON MORDECHAI AND DEVORAH WEISZ FOUNDATION, THE ATERES MORDECHAI TRUST,

HILARY OLSBERG Appointed: 2009, Occupation: Company Director, Other trusteeship: MW (HO) FOUNDATION,

VIVIENNE LEWIN Appointed: 2009, Occupation: Company Director, Other trusteeships: THE THEO REDCLIFFE MEMORIAL FUND, ZICHRON MORDECHAI AND DEVORAH WEISZ FOUNDATION, THE ATERES MORDECHAI TRUST,

Legal constitution

Charitable company registered in England & Wales on 15/03/2010, number: 1134917
Registered at Companies House on 06/11/2009, number: 07069161

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

13 returns made; AR13: 1 days late,

Main office

38 PRINCES PARK AVENUE
LONDON
NW11 0JT

Objectives

(1) FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION OF PEOPLE OF ALL AGES AROUND THE WORLD IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT,INCLUDING AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS, OR BY GRANTS TO CHARITIES OR OTHER ORGANISATIONSWORLD-WIDE THAT PROVIDE EDUCATION(2) THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP ANYWHERE IN THE WORLD BY PROVIDING GRANTS OR LOANS TO INDIVIDUALS M NEEDAND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY OR FINANCIAL HARDSHIP(3) TO ADVANCE THE ORTHODOX JEWISH RELIGION WORLD-WIDE FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE PRINCIPLES OF THE CODE OF JEWISH LAW (SHULCHAN ARUCH)

Defined Area of Benefit:

THE WORLD

Data Sources