EIN 13-2909403

Israel Scholarship Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
1977
Most recent tax filings
2023-09-01
Description
The Israel Scholarship Education Foundation's mission is to narrow Israel's socio-economic gap through higher education. It combines scholarship support for gifted young people from disadvantaged backgrounds with community service and leadership. The foundation provides funds to its affiliated organization in Israel, enabling scholarships for Israeli citizen students studying at various levels.
Also known as...
International Sephardic Education Foundation
Total revenues
$1,794,087
2023
Total expenses
$2,121,689
2023
Total assets
$7,560,795
2023
Num. employees
4
2023

Program areas at Israel Scholarship Education Foundation

The Israel Scholarship Education Foundation provides funds to its affiliated organization in Israel, through which scholarships are provided to israeli citizen students studying in Israel, at the undergraduate, graduate, and post-graduate levels. During the academic year 2022-2023, approximately 389 students in Israel received assistance through this program. In addition, 21 international scholars, all israeli citizens, received Israel Scholarship Education Foundation scholarships for the academic year 2022-2023, so that they could participate in phd, md, law, or post-doctorate programs at various universities in the united states, canada, and europe.probono legal fees for the year 2022-2023 is $14,683.00

Who funds Israel Scholarship Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$204,680
Jewish Communal FundIn Furtherance of Grantee's Tax-Exempt Purpose$51,636
Conduit FoundationGeneral Purposes$46,000
...and 8 more grants received

Personnel at Israel Scholarship Education Foundation

NameTitleCompensation
Dmitry ShimelfarbExecutive Director$162,500
Nancy WellinsDirector , Communications and Grants
Harry KatzTreasurer$0
Carlos BenaimPresident$0
Nina A Weiner Co IsefChairwoman and Emerita$0
...and 1 more key personnel

Financials for Israel Scholarship Education Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$1,528,292
Program services$0
Investment income and dividends$202,379
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$184,267
Net income from fundraising events$-120,851
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,794,087

Form 990s for Israel Scholarship Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-13990View PDF
2022-092023-08-15990View PDF
2021-092022-08-10990View PDF
2020-092021-08-13990View PDF
2019-092020-10-22990View PDF
...and 10 more Form 990s
Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
July 10, 2024
Received grants
Identified 2 new grant, including a grant for $51,636 from Jewish Communal Fund
May 17, 2024
Received grants
Identified 4 new grant, including a grant for $46,000 from Conduit Foundation
October 25, 2023
Received grants
Identified 1 new grant, including a grant for $20,000 from Koret Foundation
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
EducationForeign affairsInternational development
Characteristics
Fundraising eventsOperates internationallyEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
520 Eighth Ave 4th FL
New York, NY 10018
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
iseffoundation.org/ 
Phone
(212) 683-7772
Facebook page
the-isef-foundation 
Twitter profile
@iseffoundation 
IRS details
EIN
13-2909403
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1977
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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