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Central Fund Of Israel

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132992985 ✦ Cedarhurst, NY ✦ Designated as a 501(c)(3)

Overview

What is Central Fund Of Israel?

The Central Fund of Israel is a charitable organization based in Cedarhurst, New York, with the address 461 Central Ave. Established in 1979, this nonprofit has been promoting charitable activities in Israel for over four decades. Its mission is to ensure that donations go directly to charities in Israel, enabling them to thrive. In light of the increasing anti-Semitism and threats to the Jewish nation and its supporters, Central Fund of Israel supports organizations that combat these issues. They do this through various means, including legal pursuits and public awareness campaigns. Central Fund of Israel has a long-standing reputation for its volunteer-driven approach, with no solicitation or advertising. Over the years, it has received numerous accolades for its contributions to Israel and its charities, helping over 400 of them annually.


Official website here: www.centralfundofisrael.org

Is Central Fund Of Israel legitimate?

Central Fund Of Israel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Fund Of Israel submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.centralfundofisrael.org

What is the mission statement of Central Fund Of Israel?

Central Fund Of Israel, founded in 1979, is a volunteer charity dedicated to promoting charitable activities in Israel. With the motto "what you give is what you get," this organization ensures that all donations reach the intended charities in Israel. Over the decades, Central Fund Of Israel has received recognition for its volunteerism, including the Jerusalem Prize and accolades from notable figures. The charity supports over 400 charities and institutions annually, contributing significantly to the nation's welfare. It operates without solicitation or advertisement, relying solely on word of mouth to grow and make an impact.


Official website here: www.centralfundofisrael.org

Who is the CEO of Central Fund Of Israel?

Jay Marcus is the President of Central Fund Of Israel.


Official website here: www.centralfundofisrael.org

What is the revenue of Central Fund Of Israel?

Central Fund Of Israel's revenue in 2022 was $55,454,981.


Official website here: www.centralfundofisrael.org

Who are the executives of Central Fund Of Israel and what are their salaries?

Here are 7 key members and their salaries:

    Jay Marcus (President) [Trustee/Director]
  • Compensation: $95,000
  • Related: $0
  • Other: $0

    • Jeff Most (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Linda Kalish Marcus (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Eichen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Fischberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yehuda Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacob Weichholz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centralfundofisrael.org

    Where can I find the form 990 for Central Fund Of Israel?

    The Central Fund Of Israel’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.centralfundofisrael.org

    Learn more at the official website: www.centralfundofisrael.org

    Mission Statement of Central Fund Of Israel

    Central Fund of Israel, a charitable organization founded in 1979, is dedicated to promoting philanthropic activities within Israel. With the motto "what you give is what you get," this volunteer-driven organization was established by Arthur and Hadassah Marcus to ensure that one hundred percent of donations directly benefit charities in Israel.

    Over the decades, Central Fund of Israel has made a significant impact on the nation. They have received numerous accolades, including the Jerusalem Prize for volunteerism, recognition from the Chief Rabbinate, and an award from Prime Minister Menachem Begin. Hundreds of charities in Israel have expressed their gratitude for the organization's support. Central Fund of Israel has grown into a substantial charitable force through word of mouth alone.

    Each year, the organization extends its assistance to over 400 charities and institutions in Israel. By doing so, they contribute to the overall well-being and prosperity of the nation. Central Fund of Israel's unwavering commitment to its mission has been recognized and celebrated by various entities, making it an essential part of the charitable landscape in Israel.

    Impact

    This information is meant to be a general summary of Central Fund Of Israel. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Central Fund Of Israel's impact is profound as they play a crucial role in promoting charitable activities in Israel. The organization undertakes community projects that benefit the welfare of the citizens and the land of Israel. In light of the increasing threats to the Jewish nation, including rising anti-Semitism and calls for the destruction of Israel, CFI provides support to charities combating these challenges. Through their efforts to increase public awareness about anti-Semitism and support community facilities in Israel, CFI is making a tangible difference in combating hatred and ensuring the well-being of the Israeli people. Their commitment to ensuring that one hundred percent of donations reach charities in Israel demonstrates their dedication to making a positive impact and aiding the nation to thrive.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $233,813
  • Program Service Revenue: $0
  • Gross Receipts: $55,977,578

    • Assets and Liabilities:
  • Total Assets: $25,861,859
  • Total Liabilities: $0
  • Net Assets: $25,861,859
  • Organization Details

    Founding Year

    1979

    Principal Officer

    Jay Marcus

    Main Address

    461 Central Ave, Cedarhurst, NY, 11516

    NTEE Category

    Code: Q30 - International

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