Finance Score: -3
Governance Score: -9
Support Score: 0
  • Strong growth: +2
  • Volatile income & significant deficit in latest year: -5
  • No PartB
  • No conflicts policy: -1
  • Very static board: -5
  • All male board: -3
  • No supporters identified
Overall GiG Score: -12 ?

THE SHAI FUND 

The charity was successful in its aims of relief of personal hardship by advancement of loans, grants and support to assist people to establish a livelihood through loans of less than three years duration. At the year end the balance owing to the charity by way of interest free loans extended was ?2,933.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy
  • The Board is completely male
  • The Board composition appears to be very static

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile recently and was significantly lower than spending in the latest year

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 Volun-
teers
30/11/22£21£37£-16n/an/an/an/an/a0
30/11/21£53£1£52n/an/an/an/an/a1
30/11/20£25£1£24n/an/an/an/an/a0
30/11/19£48£1£47n/an/an/an/an/a0
30/11/18£30£1£29£0£0£0n/a00
30/11/17£20£1£19£0£0£0n/a00
30/11/16£40£1£39£0£0£0n/a00
30/11/15£50£1£49£0£0£0n/a00
30/11/14£10£1£9£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 10 years

07507118655

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • General Charitable Purposes
  • Religious Activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Poverty relief
How it operates
  • Makes Grants to Individuals
  • Provides other finance
Where it operates
  • Salford City,
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?

Legal constitution
  • Charity registered in England & Wales on 20/11/2013, number: 1154663
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
9 returns made; all on time
Main office

125A LEICESTER ROAD
SALFORD
M7 4HJ

Objectives

? 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 ORGANIZATIONS WORLDWIDE BUT PRIMARILY IN THE GREATER MANCHESTER AREA THAT PROVIDE EDUCATION.? THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP ANYWHERE IN THE WORLD BUT PRIMARILY IN THE GREATER MANCHESTER AREA BY PROVIDING: GRANTS OR LOANS TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANIZATIONS WORKING TO PREVENT OR RELIEVE POVERTY OR FINANCIAL HARDSHIP.? TO ADVANCE THE ORTHODOX JEWISH RELIGION WORLDWIDE FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE PRINCIPLES OF THE CODE OF JEWISH LAW (SHULCHAN ARUCH) AND PROVIDE LOANS AND SUPPORT PROJECTS THAT PROMOTE AND ENCOURAGE KINDNESS AND RESPECT FOR ANIMALS.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great