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Board of Deputies' anniversary yields £112K surplus

July 19, 2012 11:20

BySimon Rocker, Simon Rocker

1 min read

The Board of Deputies’ 250th anniversary celebrations yielded a financial dividend with fundraising events producing a surplus of £112,000 last year.

Treasurer Laurence Brass said that in a tough economic climate, it was “an accomplishment of which I and the finance and organisation division are justly proud”. The Board also benefited from an unexpected £10,000 legacy from a Jewish man who died in Grantham.

Mr Brass told Sunday’s plenary meeting in London that he had inherited a “significant deficit” when starting his first term three years ago.

Now there were positive signs, such as the reversal of the decline in synagogue members paying a £25 voluntary levy to the Board. But he warned big synagogues that he was unwilling to give them a discount on representation fees that they pay for each deputy sent to the Board.