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 01/2024, Central Fund Of Israel generated $109.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $96.1m during the year ending 01/2024. While expenses have increased by 17.4% per year over the past 6 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.

Since 2021, Central Fund Of Israel has awarded 14 individual grants totaling $4,003,214. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

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.DUE TO THE WAR WHICH INSUED AFTER ISRAEL WAS ATTACJED ON OCT 7TH THE NEED FOR THESE SOCIAL SERVICES INCREASED BY OVER $10 MILLION AS THE REFUGEE NEEDS WERE SO GREAT


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.THIS CATEGORY ALSO INCREASED BY 75% DUE TO THE WAR AS ALL THE EDUCATIONAL INSTITUTIONS AROUND THE COUNTRY WERE ON WAR FOOTING TO AID IN THE DISPLACEMENT OF TENS OF THOUSANDS OF REFUGEES WHO NEEDED TO CONTINUE THEIR EDUCATIONS IN NEW AREAS


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Board, Officers & Key Employees

Name (title)Compensation
Jay Marcus
President
$150,000
Jeff Most
Treasurer
$0
Dr Linda Kalish Marcus
Secretary
$0
Mitchell Eichen
Director
$0
Michael Fischberger
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$107,054,323
Noncash contributions included in lines 1a–1f $333,037
Total Revenue from Contributions, Gifts, Grants & Similar$107,054,323
Total Program Service Revenue$0
Investment income $2,114,560
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 $109,179,379

Grants Awarded

Over the last fiscal year, Central Fund Of Israel has awarded $3,133,214 in support to 9 organizations.

Grant RecipientAmount

AMERICAN FRIENDS OF ELON MORE

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$200,000

AFO MISHMERET YISRAEL

|

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$138,000

FACES OF AMERICA

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|

$7,700

FLORA AMND MORRIS MIZEL FOUND

|

|

$2,411,000

AFINS

|

|

$300,000

IMAGINATION PRODUCTIONS

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$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
Friends Of The Israel Defense Forces
New York, NY
$281,961,247
Central Fund Of Israel
Cedarhurst, NY
$109,179,379
American Friends Of Yeshiva Dmir Inc
Brooklyn, NY
$39,014,952
Morasha Olami Inc
Lakewood, NJ
$34,940,698
Root Capital Inc
Cambridge, MA
$29,107,606
Acumen Fund Inc
New York, NY
$53,208,748
Armenian General Benevolent Union
New York, NY
$42,419,928
Jerusalem Foundation Inc
New York, NY
$11,151,809
Tibet Fund
New York, NY
$12,389,267
Friends Of Ir David Inc
New York, NY
$13,083,858
United Board For Christian Higher Education In Asia
New York, NY
$13,745,985
Yeshivas Chasidei Belz-Belz Institutions In Israel
Brooklyn, NY
$9,143,933
American Friends Of Maoz-Seal Inc
Haverhill, MA
$7,379,904
American Friends Of Shalva Israel Inc
New York, NY
$9,512,576
Association For Cultural Interchange Inc
New York, NY
$5,933,961
Bayis Lepleitos Ateres Bonos Inc
Brooklyn, NY
$6,773,010
Bucks County Organization For Intercultural Advancement
Princeton, NJ
$6,536,918
Save Venice Inc
New York, NY
$3,566,257
American Committee For Sanz Institutions Of Israel Inc
Brooklyn, NY
$6,835,997
American Committee For Tel Aviv Fdn Inc
New York, NY
$13,873,852
Yad David Inc
Brooklyn, NY
$4,716,519
American Friends Of Genesis Jerusalem Inc
Springfield, NJ
$4,501,443
Kosciuszko Foundation Inc
New York, NY
$6,264,988
Turkish Philanthropy Funds Inc
New York, NY
$4,913,066
Emunah Of America Inc
New York, NY
$3,618,408

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