Central Fund Of Israel

Organization Overview

Central Fund Of Israel is located in Cedarhurst, NY. The organization was established in 1979. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Fund Of Israel is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 01/2022, Central Fund Of Israel generated $55.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $55.2m during the year ending 01/2022. While expenses have increased by 13.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTING CHARITABLE ACTIVITIES IN ISRAEL

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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.


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.


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Board, Officers & Key Employees

Name (title)Compensation
Jay Marcus
President
$95,000
Jeff Most
Treasurer
$0
Dr Linda Kalish Marcus
Secretary
$0
Mitchell Eichen
Director
$0
Jacob Weichholz
Director
$0
Yehuda Marcus
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$55,221,168
Noncash contributions included in lines 1a–1f $522,597
Total Revenue from Contributions, Gifts, Grants & Similar$55,221,168
Total Program Service Revenue$0
Investment income $233,813
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $55,454,981

Grants Awarded

Over the last fiscal year, Central Fund Of Israel has awarded $650,000 in support to 3 organizations.

Grant RecipientAmount

FRIEDMAN CENTER FOR PEACE

Org PageRecipient Profile

Bal Harbour, FL

|

$250,000

CENTER FOR FREEDOM AND SAFETY

Org PageRecipient Profile

Bozeman, MT

|

$200,000

ZIONIST ORGANIZATION AMERICA

|

|

$200,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Central Fund Of Israel has recieved totaling $95,750.

Awarding OrganizationAmount
$40,000
Great Pacific Foundation

PURPOSE: PUBLIC CHARITY

|

$25,000
Katz Family Foundation Inc

Milwaukee, WI

PURPOSE: GENERAL SUPPORT

$20,000
Abraham And Sally Magid Family Foundation

Garden City, NY

PURPOSE: UNRESTRICTED CONTRIBUTION

$7,500
The Edwin J And Barbara R Berkowitz Family Foundation

Bryn Mawr, PA

PURPOSE: GENERAL PURPOSE

$3,000
Bernard A Lublin And Roberta G Lublin Tr 02152002

Richmond, VA

PURPOSE: GENERAL CHARITY

$250
View Grant Recipient Profile

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