Finance Score: -1

Governance Score: -7

Support Score: 0

Poor Liquidity: -1

Only 4 Trustees: -1
Static board: -3
All male board: -3

No supporters identified

Overall GiG Score: -8

THE KEMACH FOUNDATION

The goal of The Kemach Foundation is to increase the levels of Haredim in the Israeli workforce. Its objectives are achieved by individually addressing financial and academic challenges and facilitating job placement to confront critical issues of social mobility, equal access to higher education and workforce participation.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are only 4 trustees
The Board is completely male
The Board composition appears to be rather static

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There has been a change of accounting period recently, so trends may be hard to determine

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
28/02/23	£731	£731	£0	£0	£12	£12	0.2	0
28/02/22?	£937	£938	£-1	£0	£12	£12	0.2	0
31/03/21	£489	£486	£3	n/a	n/a	n/a	n/a	n/a
31/03/20	£456	£457	£-1	n/a	n/a	n/a	n/a	n/a
31/03/19	£413	£407	£6	n/a	n/a	n/a	n/a	n/a
31/03/18	£154	£152	£1	£0	£0	£0	n/a	0
31/03/17	£255	£250	£5	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 7%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.2 months
Net Current Assets/Spending: 0 months
Quick Ratio: 13.4

Asset Split ?

Established: 8 years

www.keren-kemach.org/

rchalk@noegroup.co.uk

020 7846 3054

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training
Overseas Aid/Famine Relief
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Poverty relief

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information
Provides human resources
Provides other finance
Provides services

Where it operates

Israel, Throughout England And Wales,

Who it helps

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 (4)

Current Trustees appointed

Gender Split

Age Range of Trustees:

MIGUEL GERADO ABADI Appointed: 2017

SIMON KANTER Appointed: 2015, Other trusteeships: RACHEL CHARITABLE TRUST, KANTER JULES CHARITABLE TRUST, THE DUCHENNE RESEARCH FUND,

LEO NOE (Chair) Appointed: 2015, Occupation: Property Director, Other trusteeships: RACHEL CHARITABLE TRUST, PROJECT S E E D,

SIR MICHAEL LAWRENCE DAVIS Appointed: 2015, Occupation: Chartered Accountant (Chief Executive Officer), Other trusteeships: THE PORTLAND TRUST, THE DAVIS FOUNDATION,

Legal constitution

Charity registered in England & Wales on 25/11/2015, number: 1164563

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

7 returns made; all on time

Main office

Fourth Floor
30 Market Place
London
W1W 8AP

Objectives

THE RELIEF OF FINANCIAL HARDSHIP AMONG THOSE PEOPLE LIVING OR WORKING IN ISRAEL AND/OR ELSEWHERE BY PROVIDING SUCH PERSONS WITH EDUCATION AND TRAINING AND ASSISTANCE TO FIND EMPLOYMENT AND GENERALLYTHE ADVANCEMENT OF THE JEWISH RELIGION THROUGH RELIGIOUS EDUCATION AND HIGHER ACADEMIC PROFESSIONAL AND/OR VOCATIONAL EDUCATION AND TRAINING.

Defined Area of Benefit:

NATIONAL AND OVERSEAS

Data Sources