American Friends Of Koret Israel Economic Development Funds
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 94-3201147
Organization Overview
American Friends Of Koret Israel Economic Development Funds is located in San Francisco, CA. The organization was established in 1994. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, 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. American Friends Of Koret Israel Economic Development Funds 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 12/2021, American Friends Of Koret Israel Economic Development Funds generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (38.7%) each year. All expenses for the organization totaled $358.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GRANTS TO KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS TO SUPPORT LOAN GUARANTEE PROGRAMS IN ISRAEL AND OTHER ADMINISTRATIVE AND RELATED EXPENSES IN THE U.S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlena Wong Treasurer/secretary | 2 | $13,683 | |
Anita Friedman Director | 1 | $0 | |
Stephen M Grand Director (thru 03/21) | 1 | $0 | |
Jeffrey A Farber President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,045 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,209 |
| Professional fees and other payments to independent contractors | $35,708 |
| Occupancy, rent, utilities, and maintenance | $4,090 |
| Printing, publications, postage, and shipping | $41 |
| Other expenses | $27,572 |
| Total expenses | $358,372 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that American Friends Of Koret Israel Economic Development Funds has recieved totaling $340,000.
| Awarding Organization | Amount |
|---|---|
Rosalinde And Arthur Gilbert Foundation Los Angeles, CA PURPOSE: ISRAEL | $125,000 |
Rosalinde And Arthur Gilbert Foundation Los Angeles, CA PURPOSE: ISRAEL | $125,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: International Development | $50,000 |
Mastercard Impact Fund Purchase, NY PURPOSE: COVID-19 EMERGENCY RESPONSE | $30,000 |
Jewish Community Federation Of S F Marin Peninsula & Sonoma Counties San Francisco, CA PURPOSE: PUBLIC/SOCIETY BENEFIT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iit Bombay Heritage Foundation Cupertino, CA | $11,247,779 | $5,508,477 |
Acts Of Mercy Foundation Rancho Santa Margarita, CA | $9,833,426 | $2,106,440 |
International Foundation For Korea University Inc Los Angeles, CA | $598,434 | $2,461,473 |
Spring Impact Incorporated San Francisco, CA | $945,318 | $1,392,102 |
East-West Center Foundation Honolulu, HI | $18,725,557 | $1,487,119 |
Hospital De La Familia Foundation Berkeley, CA | $3,498,616 | $942,980 |
Maranatha Volunteers International Foundation Inc Roseville, CA | $4,379,779 | $384,974 |
Joni And Friends Foundation Agoura Hills, CA | $16,599,678 | $12,470,149 |
Day One Health Inc Redding, CA | $7,087 | $242,175 |
Landmine Relief Fund Van Nuys, CA | $255,144 | $558,242 |
United States University Of Diplomatic Studies Foundation Scottsdale, AZ | $100,864 | $403,713 |
American Friends Of Koret Israel Economic Development Funds San Francisco, CA | $0 | $0 |