Overview
What is Pef Israel Endowment Funds Inc?
Pef Israel Endowment Funds Inc is a charitable organization based in New York City, specifically at 630 Third Avenue, 15th Floor. Their mission is multifaceted, encompassing the physical well-being of needy individuals in Israel, relief efforts for sickness and distress, and disease prevention. They also support the maintenance of public hospitals and clinics, as well as educational and religious institutions in the Holy Land. Scientific research is a significant aspect of their work, and they use various means, including research, publication, and the establishment and maintenance of charitable, religious, and public education activities, to further their objectives. Pef Israel Endowment Funds Inc employs a team of four individuals in pursuit of these goals.
Official website here: www.pefisrael.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
P.E.F. Israel Endowment Funds Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. With a score of 91% in this area, the organization demonstrates a commitment to transparency, featuring a fully independent board and robust financial oversight. Key strengths include no reported material diversion of assets, comprehensive conflict of interest policies, and a strong program expense ratio of nearly 99%, indicating that the majority of funds are directed toward charitable activities.
User feedback also highlights the organization's effectiveness and dedication to donor intent. One long-term donor praised P.E.F. for ensuring that all donations are fully allocated to the chosen entities without any deductions for administrative costs. The promptness of fund disbursement and the helpfulness of the staff received positive mentions, contributing to a favorable reputation among its supporters.
However, there are limitations noted in user reviews. A negative experience was shared by a donor who felt the organization's low minimum donation threshold was unreasonably high, which led to frustration and a sense of insensitivity towards smaller contributions. This feedback suggests that while P.E.F. is well-regarded for its operational integrity, it may need to reassess its policies to accommodate a broader range of donor contributions.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Pef Israel Endowment Funds Inc legitimate?
Pef Israel Endowment Funds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pef Israel Endowment Funds 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: $504,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pefisrael.org
What is the mission statement of Pef Israel Endowment Funds Inc?
Pef Israel Endowment Funds Inc is a charitable organization dedicated to improving the physical well-being of needy individuals in Israel. Its mission encompasses providing relief, preventing sickness and distress, and preventing disease. The corporation supports and maintains public hospitals and clinics, as well as the Hebrew University and other educational and religious institutions in the Holy Land. To further advance its objectives, it engages in scientific research and the establishment and maintenance of charitable, religious, and public education activities. The organization aims to use all means necessary, including research, publication, and the aid of already existing activities, agencies, and institutions, to accomplish these purposes.
Official website here: www.pefisrael.org
Who is the CEO of Pef Israel Endowment Funds Inc?
Geoffrey Stern is the Trustee of Pef Israel Endowment Funds Inc.
Official website here: www.pefisrael.org
What is the revenue of Pef Israel Endowment Funds Inc?
Pef Israel Endowment Funds Inc's revenue in 2022 was $178,783,628.
Official website here: www.pefisrael.org
Who are the executives of Pef Israel Endowment Funds Inc and what are their salaries?
The average compensation at Pef Israel Endowment Funds Inc during 2022 was $126,192. There are 4 employees at Pef Israel Endowment Funds Inc.
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- Compensation: $167,635
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- Compensation: $162,442
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- Other: $10,622
Official website here: www.pefisrael.org
Where can I find the form 990 for Pef Israel Endowment Funds Inc?
Pef Israel Endowment Funds Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pefisrael.org
Learn more at the official website: www.pefisrael.org
Mission Statement of Pef Israel Endowment Funds Inc
Pef Israel Endowment Funds Inc is a charitable organization dedicated to improving the physical well-being of needy individuals in Israel. Established with a vision to provide relief and minister to those in distress, the corporation supports public hospitals and clinics, working to prevent disease and relieve sickness.
Additionally, Pef Israel Endowment Funds Inc is committed to maintaining the Hebrew University and other educational and religious institutions in the Holy Land, promoting scientific research within their walls. The organization believes in the power of knowledge and the role it plays in enhancing the quality of life for people in Israel.
To further expand its reach and contribute to meaningful causes, Pef Israel Endowment Funds Inc uses various means to achieve its purposes. It engages in research, publication, and the establishment and maintenance of charitable, religious, and public education activities, agencies, and institutions. By aiding and supporting these existing entities, the organization plays a crucial role in fostering growth and development within the community it serves.
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Impact
October, 2024
Pef Israel Endowment Funds Inc significantly enhances the well-being of individuals and communities in Israel through a wide array of initiatives. By providing aid for the physical and social needs of disadvantaged populations, the organization plays a crucial role in alleviating sickness and distress, particularly in underserved areas.
One of its core impacts is the support of public hospitals and clinics, which ensures that essential healthcare services are accessible to those in need, contributing to the prevention of disease and promoting health across the region. The emphasis on supporting scientific research and educational institutions, such as the Hebrew University, fosters a robust academic environment that advances knowledge and innovation in Israel.
Moreover, PEF makes numerous grants aimed at addressing specific challenges faced by women, children, and families in distress. By targeting issues like drug abuse and providing relief for handicapped individuals, the organization promotes a more inclusive society. Its commitment to arts promotion further enriches the cultural landscape, reflecting a holistic approach to community development. In summary, PEF Israel Endowment Funds Inc drives substantial positive change, empowering individuals and supporting systemic improvements in healthcare, education, and community welfare in Israel.
This information is meant to be a general summary of Pef Israel Endowment Funds 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,491,486
- Gross Receipts: $198,343,342
Assets and Liabilities:
- Total Assets: $176,286,241
- Total Liabilities: $2,040,417
- Net Assets: $174,245,824
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Organization Details
Founding Year
1922
Phone
(212) 599-1260Principal Officer
Geoffrey Stern
Main Address
630 THIRD AVENUE15TH FLOOR, NEW YORK, NY, 100176745
Website
www.pefisrael.orgNTEE Category
Code: T700 - Philanthropy
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