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Newly merged Manchester charity has £10m budget

November 12, 2009 12:24

ByJonathan Kalmus, Jonathan Kalmus

1 min read

The major Manchester welfare charity created by the imminent merger of The Fed and Heathlands Care Village is likely to have an annual budget of £10 million, considerably more than the current combined budgets of the two organisations.

Plans for Manchester’s first respite facility for disabled Jewish children and a new social housing strategy were due to be unveiled at last night’s AGM of The Fed at South Manchester Synagogue.

Although revenue has dropped, Fed boss Karen Phillips said the proportion was in line with the fall other charities were experiencing.

Speaking before the meeting, Ms Phillips said the death of Fed president Lord Steinberg last week had robbed the charity of a key visionary, as well as a generous financial supporter.