EIN 13-2992985

Central Fund of Israel

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1979
Most recent tax filings
2022-01-01
Description
Central Fund of Israel is a Jewish charity that promotes charitable activities in Israel. Recently, there has been an increase in anti-Semitism in all its forms, and the organization is working to increase solidarity with the people of Israel.
Total revenues
$55,454,981
2022
Total expenses
$55,173,972
2022
Total assets
$25,861,859
2022
Num. employees
0
2022

Program areas at Central Fund of Israel

Community projects:The organization undertakes community projects which benefit the welfare of the citizens and the land of Israel. During this past year we witnessed another significant increase in Anti-Semitism in all its forms. The threats to the nation of Israel, the land of Israel, the people of Israel and the supporters of Israel all around the world continues to rise daily. All media, but particularly social media continues to see an explosion of classical Anti-Semitism and many new modern forms of hatred. Voices of demonstrations, boycotts, divestment, and even total destruction of the state and its people are heard in classrooms, university campuses, newspapers, parliments all over the world and i'm sorry to say even in the halls of congress of our majestic country. The enemies of the Jewish nation constantly search for new ways to harm us. There are many who have not given up on their dream to destroy us physically. The venom heard throughout is reminiscent of the 1930's and its disastrous consequences to humanity. CFI continues supporting those charities which are combating Anti-Semitism, the BDS movement and threats of annihilation of the Jewish people.Our community projects are meant to increase public awareness to the realities of Anti-Semitism and combat it wherever it is found; whether through use of the legal system or social media. We need to educate the world of the evil affects of Anti-Semitism. Not even 100 years removed from the Holocaust, we see history repeating itself. Our grants also go to assist in the construcion and maintenance of community facilities throughout Israel.
Support of educational programs and institutions: As in the past, there is a great overlap of humanitarian services as many educational programs service the humanitarian aspects of education as in scholarships and special education. There is also an overlap with community projects as there is a constant need to expand existing, and build new schools as the population increases.
Social services, humanitarian aid, aid to the poor:Helping those in need is at the core of the organization. Charity means helping those in need whether it be in education, building structures, security or medicine. Our humanitarian aid is targeted to those people in need, whether it be monetary, physical or emotional. This category includes aid to food kitchens, children at risk, aid to terror victims and their families, aid to refugees and new immigrants, special education, after school programs, womens health programs etc.

Grants made by Central Fund of Israel

GranteeAmount
Friedman Center for Peace Through Strength$250,000
Center for Freedom and Safety$200,000
Zionist Organization of America$200,000

Who funds Central Fund of Israel

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silver Valley Research FoundationGeneral Support$10,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$5,184,081
Cherna Moskowitz FoundationPromoting Charitable Activities in Israel.$4,813,000
...and 98 more grants received totalling $29,995,755

Personnel at Central Fund of Israel

NameTitleCompensation
Jay MarcusPresident$95,000
Jeff mostTreasurer$0
Linda Kalish MarcuSecretary$0

Financials for Central Fund of Israel

RevenuesFYE 01/2022
Total grants, contributions, etc.$55,221,168
Program services$0
Investment income and dividends$233,813
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$55,454,981

Form 990s for Central Fund of Israel

Fiscal year endingDate received by IRSFormPDF link
2021-012021-12-09990View PDF
2020-012021-04-05990View PDF
2019-012020-06-10990View PDF
2018-012019-03-14990View PDF
2017-012017-07-07990View PDF
...and 9 more Form 990s
Data update history
May 21, 2023
Used new vendors
Identified 1 new vendor, including
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $50,500 from Houston Jewish Community Foundation
December 5, 2022
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2022
Received grants
Identified 26 new grant, including a grant for $100,000 from Valera Fooksman Charitable Trust
September 28, 2021
Received grants
Identified 10 new grant, including a grant for $200,100 from Conduit Foundation
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
JewishReligiousOperates internationallyCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
461 Central Ave
Cedarhurst, NY 11516
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
centralfundofisrael.org/ 
Phone
(646) 289-8105
IRS details
EIN
13-2992985
Fiscal year end
January
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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