# The Shlomo Memorial Fund

The Shlomo Memorial Fund is an Endowment / Foundation based in London, United Kingdom.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1978
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

The Shlomo Memorial Fund Limited was incorporated in 1978 as a private company limited by guarantee without share capital, headquartered in London with trustees anchored across the UK and United States. Chairman Amichai Toporowitz, based in Monsey, New York, leads a governance structure that includes long-serving Director and Secretary Channe Lopian alongside trustees Chaim Jehuda Alexander Kaufman and Meir Yosef Sulam. Unlike foundations that outsource investment management to external OCIOs, the Fund holds its assets directly through subsidiary undertakings — a structure that blends charitable purpose with direct property ownership. The portfolio concentrates on UK commercial and industrial real estate, with confirmed holdings stretching from the Northeast of England into Scotland. Properties include the Ashworth Frazer Industrial Estate in Hebburn, the Jubilee Industrial Estate in Ashington, the Metnor Business Park in Wallsend, and Discovery House on the Dundee Technology Park. Commercial assets span retail and leisure — Yates Wine Lodge in Blackpool, the Gala Club in South Shields — alongside mixed-use and office buildings such as Bridge House in Rochdale and Elliott House in Peterlee. The Fund does not appear to allocate to public equities, venture capital, or fixed income in any material way; its strategy is a concentrated bet on directly owned, income-producing property in secondary UK markets. The Fund's income derives from investment property rents, cash deposits, and returns from its subsidiary undertakings. All earnings flow to a single purpose: the provision and distribution of grants for charitable purposes. The governance structure — a company limited by guarantee — means there are no shareholders extracting dividends, reinforcing the endowment's perpetual character. No separate philanthropic foundation sits alongside the Fund; the entity itself is both the investment vehicle and the grant-making body. The Fund's structural distinction lies in its refusal to intermediate. Where most charitable endowments delegate real estate exposure to fund managers or REITs, The Shlomo Memorial Fund employs a direct-ownership model across a geographically concentrated, unglamorous portfolio of secondary-city commercial and industrial assets. This is not a foundation mimicking an institutional investor — it is a property company with a charitable constitution, run by a small trustee board that has maintained this same posture for over four decades.

## Sectors

- Real Estate
- Industrial
- Commercial Real Estate

## People

- Amichai Toporowitz — Chairman of the Trustees
- Channe Lopian — Director and Secretary
- Chaim Jehuda Alexander Kaufman — Trustee and Director
- Meir Yosef Sulam — Trustee and Director

## Related profiles

- [The Sheltering Arms Foundation](https://altss.com/profile/the-sheltering-arms-foundation)
- [The Shoko Chukin Bank](https://altss.com/profile/the-shoko-chukin-bank)

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Last updated: 2026-08-11T02:43:31.692Z

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