Decision: Charity Inquiry: The Schwarzschild Foundation

The Charity is a Trust that was registered with the Charity Commission on 28 March 2014. The Charity is governed by a Trust Deed dated 21 March 2014.

the advancement of education amongst the Beneficiary Class, by such means as the Trustees in their absolute discretion see fit

the prevention or relief of poverty or financial hardship amongst the Beneficiary Class by the provision of support to enable such persons to be self-sufficient or by such other means as the Trustees in their absolute discretion see fit

the advancement of such other Charitable Purposes, amongst the Beneficiary Class as the Trustees consider appropriate, by such means as the Trustees in their absolute discretion see fit

“Beneficiary Class” means women and girls resident in the United Kingdom or elsewhere in the world who have been brought up in, or practise, the Jewish faith in accordance with the Orthodox tradition.

The Charity’s entry can be found on the Commission’s register of charities.

The Charity’s trustees since 2014 are as follows:

Background and Issues under Investigation

In February 2023, the Commission engaged with the Charity after concerns were raised by the National Crime Agency (‘NCA’), which was carrying out a civil investigation into funds held by Trustee C. The concerns related to personal bank accounts under Trustee C’s control that contained significant charitable funds. This included £250,000 from the Charity, which the NCA ensured was returned to the Charity in March 2024.