CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From 01012020 Perlod start date To 3112 2020 P•riod end date Charity name: THE HIRSCHEL FOUNDATION Charlty reglstratlon number: 1145582 Objectives and Activities 50RP reference Summary of the purposes of the charity as set out in its gov8rning document P8ra 1.17 The objects of the Charity are the advanc8m8nt of health, the prevention or relief of poverty and such olher exclusively charitable purposes as the Trustees shall in their absolute disrAetion determine In 2020 the Charity made donations lo 30 UK registered charities with corresponding charitable objects, totalling £358,000 Summary of the main activities in relation lo those purposes for the public benefit, in particular, the activities, projects or servicos identrfied in the accounts. Para 1.17 and 1.19 The ch8rilies in receipt of don8tions included.. NHS Association Charities - Covid Appeal St John's and St Elizabeth Hospice Community Securlty Trust Jewish Care Statement confirming whether the trustees have had gard to the guidance issued by the Charity Commission on public benefit PBf8 1.18 The Truslees have complied with their duty under S8Ction 117 Charities Act 2011 to have regard to guidance on the public benefit requirement issued by the Charily Commission. Additional Information (oplional) You ma choose to include further stslements where relev8nl about.. SORP ref8ronce In awarding grants, the Trustee8 apply the following princlples (taken from the Charity's grant making policy): The Trustees will focus on providing grants to other organisations working in the areas mentioned above. Pgra 1.38 Policy on grant making The Trustees will aim to 8nsure that al leasl 700h of the Charity's income is applied in furtherance of the charitable purposes 6ach year. 11027556v.2
Such grants will either be provided at tho complete discretion of the Trustees or through applications by the organi5ations with the detailed procedur8 forthe application process being published separately. As a g8neral rule. the applicanv funded organisations will be expected to have a policy of inclusiveness, equalily and non- discriminats'on. Funding of and applications from previous grant holders will be considered by the Trustees on their own merits. AlthoLbgh th6 trustees will have regard to tha Outcome of the previous grant, any new applicalionlfunding will in no way receive preferential consideralion. The Trustees will not nomially approve the use of the Charity's funds for: a) Sponsorship of individuals b) Sponsorship of charitable events c) Work which would nomially be funded from statutory sources d) Work undertaken by or on behalf of public bodies or by employae of public bodies s part of Ih8ir employm8nt or el Commercial organisations Nla Para 1.38 Pollcy on social investment including program related investment Nla Parn 1.38 Contribution mad8 by volunteers Nla Other 11027556v.2
Achievements and Performance SORP referonr The Charity made grants totalling £358,000 to other UK registered charities in line with its charitable objectives. Summary of the maln achievements of th8 charily. identifying the difference the charity's work has made to the Circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 The Charity has met its grant making policy aim of ensuring that at least 70% of its income is applled in Ihe furtherance of the charitable purposes each year. Th8 Charity researched the chariti8s it would like to support in the future. Addltlonal Informatlon (optional You ma choose to include further statements where relevant about.. Achievements against objectlves set Para 1.41 NIA Perfomiance of fundraising activities against objectives set Para 1.41 Inveslrnent performance againsl objectives Para 1,41 Other 11027556v.2
Financial Review Review of the charity's financial position al th8 end of the eriod statem8nt explaining the policy for holding reserves stating why they are held Para 1.21 Al the end of the financial year ending 31 December 2020 the Charity had £64.565 in reserves. The Charity's policy on reserves as contained in its grant making policy is that the Trustees will aim to apply 70Vo of the Charity's income for the furtherance of the Charity's charitable objectives. Any remaining amount is held as a reserve. together with the Charity's existing capital. Para 1.22 Amount of reseNes held Para 1.22 At the end of the financial year ending 31 08C8mber 2020 the Charity had £64,565 in reserves. Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem Parn 1.22 Para 1.24 The Charity has no funds materially in deficil Para 1.23 Addltional Informatlon (optlonal) You ma choose to include further statements where relevant about.. The charity's princlpal sources of funds (including any fundraislng) Para 1.47 Investment policy and objectives including any social investmenl policy adopted Para 1,48 A description of the principal risks facing the charity Para 1.46 Other 11027556v.2
Structure, Governance and Managemont Description of charitvs trusts.. Type of governing document trust deed, ro al charter How is the charity constituted? le.g unincorporated association, CIO Trustee selection m8thods including detsils of any constitutional prowsions 8.g. 818Ction to post or name of any p8rson or body entitled to appoint one or more trustees Para 1.25 Trust D68d dated 19 January 2012 Para 1.25 Trusl Para 1.25 Trustees are appointed by resolution of Ihe existing trustees Addilional information (optlonal) You ma choose to include further statements where relevanl about.. Policies and procedures adopted for Ihe induction and tr8ining of trustees Par8 1.51 Th8 charity's organisatlonal structur8 and any wider neork with which the charlty works Para 1.51 Relationship with any related parties Para 1,51 Other Reference and Admlnistrative detalls name Other name the charit uses Re istered charil number Charity's principal address The Hirschel Foundation 1145582 2 Stone Buildings Lincoln's Inn London WC2A 3TH 110275%v.2
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Namès of the charity trust008 who manago tho charity Date8 acted If not for thol• Trustge name Olfic• Ill any) Namo of p•r•on (or body) èntitled toa olnt tru%tO9 Ifan Trustees Sara Tauba Hirschel Anne Veronica Rosenberg Trustees 10 12 13 14 15 17 18 19 20 orate trustees - nam85 of the directors at the dale the r8 Dlr•ctor nm• ortwasa roved Name of trusteas holding title to propety belonging to th8 charrty Tru•i•? nam• Dat•* a¢t•d If not l¢x who ar 11027556v.2
Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose b8half the assets are held and how this falls within th8 custodian charity's objeds Details of arrangements for safe custody and segregation of such assets from the charity's own assets Addltlonal informatlon {optlonal) Namès and addrossos of adviser8 {Optlonal Informatlon) Typo of Nam• Addr088 advl8er Name of chlef ox•cutlv• or nam•8 of 8enlor staff members {Optlonal Information) Exemptions from dlsclosure Reason for non-disclosure of ke rsonnel details Other o tlonal Information 11027556v.2
Declaratlons The tru8tees doclare that they have approvod tho trimtees. raport above. Slgned on behalf of the charl,ty's trustees Slgn8ture(81 Full nam9181 Posltlon (89 Socretary. ChaSr. etcl Anne Veronlca RosenbeTg Trustee Date Aq 21 1102755fN.Z
CHARITY COMMISSION FOR ENGLANO AND WALES Receipts and payments accounts CC16a For the porlod To Section A Receipts and payments Unrestricted funds Restricted fund• Endowment lunda Totsl fundi L••t y•ar to tho rwar•Bt toth• nwr••l e io th• n•ar•ii £ to th• nrttl e to th• n••r•te A1 Roeelpts 8T Group PLC Hglgna Chadlabl8 FoundAUon 41 41 2QQ,000 138 2QO.QQO Sub total(Gross InGome lor AR) 200,041 200,041 200,138 A2 A88ot and Inv•8tm•nt al•*. Sub total 200,041 200,041 200,130 A3 Paym•nt• Si John's ana Elizabeth Hospk hlin ala H8mmèr8L CST Cornmunily SeCnI Tru$1 The J$w$h London JW3 Tru8l Litniled JB¥wsh Blind and Phy¥l¢oMy Plgfidlcoppod Sociel sare Zedek UK NDpNood Rav¥n$vKJod TM Chl¢kan Soup Sh8116r Jolsish Care tlsabilily Srnwsporl UK ITho Uphlll Skl Club ol Gieal 8rllaln 8iilish Fnend¥ ol 8arfl8n Unlversily zhvlin¥¢g Soci•iy un04 Synagosue Sl John's Wogd Nollon81 Holoc•u81 Cenire •nd Musaum 25,000 5,000 10,000 3,000 5,000 20,000 $.DQQ 10,000 3,000 5,00 J.000 J,000 10,000 8,000 10,000 2,000 2,01Tr) 10.000 000 000 g.ODO 5.000 B,000 8,000 1,000 3.000 3,000 3.000 s.ooo J,000 J,000 5,000 5,000 6.000 3,000 3,000 Crugo 80ament Co Marlell% Hosp8 Anne Frank TFts81 UK 3,000 25,000 &ooo 3,000 2J.000 5.000 SlIar Llmmud Young Mirvjs UK Jewsh Film Support Worfd Jewish Relief Brighton and Hove Rglorm s&9ve Friend3 of Sussex Ffo$piGt5 Asihma UK and Lung Foundall P8rtnership Cenlre Point NHS Asso¢iaiions of Ch•iili88 C¢vid AppDal Food Lifellne Children and War FoundaOn ai Klug Lové Fimi 5,000 J,000 5.000 000 0,000 s.000 5,QOD 2,000 2,000 s,000 2,000 fj.000 s,ooo 3,000 10.000 5,000 5,DDD 5.000 s,000 5,000 5.QQQ 200,000 10,000 2,000 358,000 2,000 358,000 Sub total 131,000 CCXX R1 accounts 0411112021
A4 A•$•t •nd InveJtm•nt purch•8, (••• ¢abl• Sub total To¢•1 payments 356.000 358,000 131.000 Net of re¢elpts/(p•yments) AS Tr•n•f•rn b8two•n funds A6 Ca•h lund• la•t y•ar •nd C•¥h lunds th18 year end 1S7,959 157,969 89,138 222,524 84,665 222,524 64,565 89,130 CCXX R2 acwunls ISSI 0411112021
Soction B Statement of assets and liabilities at the end of the period
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name THE HIRSCHEL FOUNDATION members of On accounts for the year 31 DECEMBER 2020 Charity no 1145582 ended (if any) Set out on pages ATTACHED (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2020 .
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention ~~(other than that disclosed below *)~~ in connection with the examination which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Date: 4/11/2021 Signed: ~~|~~ Name: MATTHEW BARNETT Relevant professional SOLICITOR OF ENGLAND AND WALES qualification(s) or body (if any): Address: EDWIN COE LLP, 2 STONE BUILDINGS LINCOLN’S INN LONDON WC2A 3TH
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October 2018
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Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
October 2018
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11030100v.1