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Israel America Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133847105 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Israel America Foundation Inc?

Israel America Foundation Inc, located at 108 West 39th Street, New York, NY 10018, is a nonprofit organization with a staff of three individuals. Their primary activity involves soliciting funds for seven nonprofit organizations based in Israel. The solicited funds amounted to $386,609 in 2022, primarily received from a beneficiary medical organization. The Foundation's mission supports various Israeli organizations, contributing to their operational needs.

Is Israel America Foundation Inc legitimate?

Israel America Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Israel America Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $79,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,635

For more financial information, click here

What is the mission statement of Israel America Foundation Inc?

The Israel America Foundation Inc, as per the information provided, does not appear to have a publicly stated mission statement or activity description. However, based on their activity, which involves soliciting funds for seven Israeli non-profit organizations in 2022, it can be inferred that their mission might be to support and aid these organizations financially. The specific goals or purposes of these organizations are not disclosed in the provided data. The Foundation received a significant amount of $386,609 from a benefactor, a medical organization, in 2022, which they distributed to various Israeli organizations.

What is the revenue of Israel America Foundation Inc?

Israel America Foundation Inc's revenue in 2023 was $202,951.

Who are the executives of Israel America Foundation Inc and what are their salaries?

The average compensation at Israel America Foundation Inc during 2023 was $45,945. There are 3 employees at Israel America Foundation Inc.

Here are 2 key members and their salaries:


Elaine Levitt (Executive Direc)
  • Compensation: $79,200
  • Related: $0
  • Other: $0
Alan Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Israel America Foundation Inc?

Israel America Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Israel America Foundation Inc

Israel America Foundation Inc, in its mission, solicits funds for seven non-profit organizations based in Israel. This foundation receives significant bequests from a benefactor medical organization, contributing a substantial sum of $386,609 to these Israeli organizations in 2022. By providing financial support, Israel America Foundation Inc plays a crucial role in sustaining the operations and initiatives of these non-profit organizations. This philanthropic activity contributes to the betterment of various causes and communities in Israel.

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Impact




October, 2024

Israel America Foundation Inc has made a significant impact by facilitating philanthropic support for various nonprofit organizations in Israel. In 2022, it successfully solicited bequests totaling $386,609, which were distributed among seven Israeli organizations. This financial support not only aids in their operational needs but also enhances their ability to provide essential services and programs within their communities. By connecting donors with specific needs in Israel, the foundation plays a crucial role in promoting charitable contributions that address various social, medical, and community challenges faced by these organizations. Through its efforts, it fosters a culture of philanthropy that strengthens the ties between the American and Israeli populations while contributing to the overall well-being of society in Israel.




This information is meant to be a general summary of Israel America Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$202,951 (2023)
Expenses
$1,812,557 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,817
  • Gross Receipts: $702,993

Assets and Liabilities:

  • Total Assets: $1,793,031
  • Total Liabilities: $278,308
  • Net Assets: $1,514,723

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Organization Details

Principal Officer

Rabbi Meyer Leifer

NTEE Category

Code: T31 - Philanthropy

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