Finance Score: -3
Governance Score: 4
Support Score: 4
  • Large legacies income: +1
  • Spending falling: -1
  • Volatile income: -3
  • No conflicts policy: -1
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +4
Overall GiG Score: 5 ?

THE WEIZMANN INSTITUTE FOUNDATION 

Weizmann UK raises funds for and awareness of the Weizmann Institute of Science in Israel.
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker
  • This charity has an endowment fund which generates most of its income
  • This charity has received considerable income from legacies in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy
  • There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Spending has fallen significantly over the last 5 years relative to the previous period
  • Income has been volatile recently

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
30/09/22£2,281£3,832£-1,551£357£30,592£4,7981550
30/09/21£2,161£3,602£-1,440£303£31,106£1,1373.850
30/09/20£2,560£14,070£-11,510£324£28,119£6,0505.280
30/09/19£8,555£3,900£4,655£281£39,334£15,66448.280
30/09/18£5,231£6,515£-1,284£574£32,349£9,56617.660
30/09/17£6,890£9,492£-2,602£358£31,694£10,42213.250
30/09/16£9,077£11,977£-2,900£1,751£31,869£11,69511.770
30/09/15£2,840£6,845£-4,005£616£29,710£12,23321.470
30/09/14£5,947£3,676£2,271£592£32,465£15,13649.460
30/09/13£3,177£3,363£-185£279£28,355£11,88742.450
30/09/12£6,725£3,308£3,416£465£25,955£11,17740.550
30/09/11£5,364£3,448£1,916£284£21,234£6,81723.740
30/09/10£2,113£2,781£-668£446£18,640£4,4121950
30/09/09£3,169£3,270£-101£243£17,616£4,82617.740
30/09/08£2,231£2,228£3£397£16,025£4,50824.350
30/09/07£1,991£2,185£-195£160£16,412£4,84026.640
30/09/06£2,893£1,821£1,072£0£0£0n/a00
30/09/05£1,850£2,090£-240£0£0£0n/a00
30/09/04£1,401£1,361£41£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 1%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 16%
Reserves/Spending: 15 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.6
Asset Split ?
Established: 60 years
(73 years as a company)

www.weizmann.org.uk

post@weizmann.org.uk

02074246860

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
  • General Charitable Purposes
GiG Classification
  • Scientific research and testing services
How it operates
  • Makes Grants to Organisations
Where it operates
  • Israel,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind
Who works here?
  • 5 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Wolfson Foundation - Grant to Weizmann Institute of Science
£360,000 10/06/2021
Equipment for research in molecular engineering

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed
Gender Split
Based on 12/13 persons

Age Range of Trustees: 51-80
  • DR IRIS GOOD Appointed: 2021, Occupation: Chair Good Relations India & Imperial Coll Ent Fun
  • HAYLEY SIEFF Appointed: 2015, Occupation: Trustee/Board Member
Legal constitution
  • Charitable company registered in England & Wales on 20/03/1964, number: 232666
  • Registered at Companies House on 08/06/1950, number: 00483123
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; all on time
Main office

Weizmann Institute Foundation
Unit 9 Hampstead Gate
1a Frognal
London
NW3 6AL

Objectives

The objects for which the Foundation is established are to provide financial and material assistance, encouragement and support to and for the carrying on of research in pure and applied science and branches thereof (including the provision of scholarships or other emoluments for workers engaged and students preparing themselves to engage in such research) at The Weizmann Institute of Science at Rehovot, Israel (hereinafter called “the Institute”) and any non-profit making educational institution of academic standing with which the Institute shall at any time be amalgamated or associated and any other such institution in Israel or elsewhere.

Defined Area of Benefit:

ISRAEL OR ELSEWHERE

Data Sources

Charity Commission for England and Wales
360 Giving
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