EIN 13-2992985

Central Fund of Israel

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1979
Most recent tax filings
2023-01-01
Description
Central Fund of Israel supports over 500 charities, ensuring 100% of donations aid the needy, empowering youth and fostering community in Israel.
Total revenues
$74,247,260
2023
Total expenses
$73,817,799
2023
Total assets
$26,145,976
2023
Num. employees
0
2023

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.
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.
Public awareness programs: Programs that seek to bring awarness to the public about issues that are important, such as Hasbara, explaining Israel's standpoint against the many lies and half truths that seek to destroy Israel through undermining its legitimacy and by attempting to legitimize virulent anti semitism thorugh the use of social media

Grants made by Central Fund of Israel

GranteeAmount
Flora and Morris Mizel Foundation I$985,000
Zionist Organization of America$200,000
American Friends of Elon Moreh$150,000
...and 4 more grants made

Who funds Central Fund of Israel

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$16,765,432
Murray and Sydell Rosenberg FoundationHumanitarian Assistance$4,062,938
Jewish Communal FundIn Furtherance of Grantee's Tax-Exempt Purpose$3,427,370
...and 232 more grants received totalling $41,610,757

Personnel at Central Fund of Israel

NameTitleCompensation
Jay MarcusPresident$115,000
Jeff mostTreasurer$0
Linda Kalish MarcusSecretary$0

Financials for Central Fund of Israel

RevenuesFYE 01/2023
Total grants, contributions, etc.$73,849,870
Program services$0
Investment income and dividends$397,390
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$74,247,260

Form 990s for Central Fund of Israel

Fiscal year endingDate received by IRSFormPDF link
2023-012024-05-14990View PDF
2022-012022-12-15990View PDF
2021-012021-12-09990View PDF
2020-012021-04-05990View PDF
2019-012020-06-10990View PDF
...and 11 more Form 990s
Data update history
November 26, 2024
Received grants
Identified 28 new grant, including a grant for $923,000 from The Chicago Community Trust
November 8, 2024
Used new vendors
Identified 1 new vendor, including
August 25, 2024
Received grants
Identified 70 new grant, including a grant for $4,062,938 from Murray and Sydell Rosenberg Foundation
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 14 new grant, including a grant for $3,427,370 from Jewish Communal Fund
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
Foreign affairs
Characteristics
ReligiousOperates internationallyTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
461 Central Ave
Cedarhurst, NY 11516
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Nassau County, NY
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
Q20: International Exchanges, Cultural Understanding
NAICS code, primary
813110: Religious Organizations
Parent/child status
Independent
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