Finance Score: 1
Governance Score: 6
Support Score: 4
  • Large legacies income: +2
  • Spending declining: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +4
Overall GiG Score: 11 ?

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 recently
  • This charity has an endowment fund which generates much of its income. Its latest spending amounts to 8.8% of total funds
  • This charity has received more than half of its income from legacies in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

  • Spending is declining

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
30/09/23£12,773£3,497£9,276£355£39,922£5,64019.440
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£1,072n/an/an/an/an/an/a
30/09/05£1,850£2,090£-240n/an/an/an/an/an/a
30/09/04£1,401£1,361£41n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 1%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 14%
Reserves/Spending: 19.4 months
Net Current Assets/Spending: 38 months
Quick Ratio: 6.1
Asset Split ?
Balance Sheet History
Established: 61 years
(74 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 supports them? ?

Donations from Grant Makers ?

We have details on the following 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
£267,000 08/06/2023
24
Equipment for research in structural characterisation of materials
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 (12)
Current Trustees appointed
Gender Split
Based on 11/12 persons

Age Range of Trustees: 52-80
  • BIANCA ROSE RODEN Appointed: 2023, Occupation: Administrator
  • CHARLES WOLFSON TOWNSLEY Appointed: 2017, Occupation: Stockbroker
  • DEAN LUSH Appointed: 2018, Occupation: Banker
  • DENIS GRAHAM RAEBURN Appointed: 2013, Occupation: Company Director
  • DAVID NORMAN MARKS Appointed: 2018, Occupation: Chartered Accountant
  • DENITZA ROUSSINOVA Appointed: 2021, Occupation: Finance
  • DR ARABELLA DUFFIELD (Chair) Appointed: 2015, Occupation: Trustee/Board Member
  • DR IRIS GOOD Appointed: 2021, Occupation: Chair Good Relations India & Imperial Coll Ent Fun
  • HAYLEY SIEFF Appointed: 2015, Occupation: Trustee/Board Member
  • MICHAEL SANDLER Appointed: 2009, Occupation: Chairman Of Public Relations
  • MARTIN PAISNER CBE MA LLM Appointed: 2023
  • SIMON JOHN STURGE Appointed: 2022, Occupation: Company Director
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
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 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

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