Portland Trust
The Portland Trust is a not-for-profit foundation 'committed to promoting peace and stability between Palestinians and Israelis through economic development.' [1]
Contents
History
The Portland Trust was founded in London in 2003 by Sir Ronald Cohen, founder of the Private Equity firm Apax and Sir Harry Solomon, former chairman and CEO of Hillsdown Holdings. [2]
Affiliations
- Herzliya Conference (February 2009) - Sir Ronald Cohen attended as a participant, chairing a panel on 'Jumpstarting the Israeli-Palestinian Process: Economic Initiatives and Political Derivatives'. [3]
People
Trustees
- Sir Ronald Cohen, co-founder
- Sir Harry Solomon, co-founder and former chairman and CEO of Hillsdown Holdings
- Lord David Freud, former CEO of The Portland Trust between 2005-2008 after retiring as Vice Chairman from UBS Investment Banking, remains a Trustee and Director. Appointed UK Minister for Welfare and Reform in May 2010.[4]
- Sir Martin Gilbert - historian
Staff
Four of the trust's 15 staff are employed in the UK, with six in Ramallah and four in Tel Aviv.[5]
- Nicola Cobbold - managing director
- Brig Gen Eival Gilady - managing director of The Portland Trust's Tel Aviv office (opened June 2005)
- Samir Hulileh - chairman of the Trust's Ramallah office
Funding
The Trust is registered as a charity in England and Wales (charity no 1106429). It received income of £1,555,098 and spent £1.57 million in charitable spending in the year ending December 2009. [7]
Grants
- The R and S Cohen Foundation - £938,000 in 2009, £765,000 in 2008
- The Heathside Charitable Trust - £150,000 in 2009, £150,000 in 2008
- Lord David Freud donated his time as CEO in 2008, for which a value of £150,000 was included in the accounts for that year. [8]
Publications
Contact
- Address:
- Phone:
- Email:
- Website:
Resources
Notes
- ↑ The Portland Trust,Homepage, accessed 20 October 2010.
- ↑ The Portland Trust,Homepage, accessed 20 October 2010.
- ↑ Institute for Policy and Strategy Ninth Herzliya Conference on the Balance of Israel’s National Security: Executive Summary February 2-4, 2009, Accessed 20 October 2010
- ↑ David Freud, David Freud Biography, The Conservatives, accessed 16-October-2010
- ↑ Charity Commission, The Portland Trust, accessed 20 October 2010.
- ↑ The Portland Trust, About us, accessed 20 October 2010.
- ↑ Charity Commission, The Portland Trust, accessed 20 October 2010.
- ↑ Charity Commission, The Portland Trust Accounts 2009, accessed 20 October 2010.
