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Jgive-Friends Of Asor Fund Usa Inc

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

EIN: 810757923 ✦ Designated as a 501(c)(3)

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Overview

What is Jgive-Friends Of Asor Fund Usa Inc?

Jgive-Friends Of Asor Fund Usa Inc is a nonprofit organization based in Jerusalem, Israel, focused on promoting charitable giving globally. They identify Jewish nonprofit organizations with exclusively charitable purposes and present them to donors via an advanced technological platform. Their flagship program, JGive, develops and implements a social donations platform to facilitate reliable, quick, and safe donations. Through the Asor Fund, they have granted over $23 million to charities in Israel, directly transferring the largest possible percentage of each donation to the intended recipients.


Official website here: www.jgive.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.

Jgive-Friends Of Asor Fund USA Inc holds a two-star rating, reflecting a moderate level of accountability and financial health. The organization scores well in areas such as material diversion of assets and liabilities to assets ratio, indicating sound management of its resources. However, the lack of independent board members and a low fundraising efficiency ratio are significant concerns, suggesting potential governance and fundraising challenges.

Strengths include a well-managed conflict of interest policy and a solid program expense ratio, demonstrating effective allocation of funds toward its mission. The organization also meets the requirements for transparency by providing necessary documentation and ensuring board members review tax filings prior to submission.

Nonetheless, the absence of a whistleblower policy and shortcomings in document retention raise questions about organizational practices. The overall low accountability score indicates that there is considerable room for improvement, particularly in governance and fundraising strategies to enhance its operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Jgive-Friends Of Asor Fund Usa Inc legitimate?

Jgive-Friends Of Asor Fund Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jgive-Friends Of Asor Fund Usa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jgive.com

What is the mission statement of Jgive-Friends Of Asor Fund Usa Inc?

Jgive-Friends Of Asor Fund Usa Inc is dedicated to fostering philanthropy globally by connecting donors with eligible charitable organizations in the Jewish community, using sophisticated technology. Their flagship program, JGive, focuses on creating and enhancing an advanced donations platform to streamline and secure the giving process, ensuring the largest possible portion of each donation reaches the intended charitable organization.


Official website here: www.jgive.com

Who is the CEO of Jgive-Friends Of Asor Fund Usa Inc?

Ori Ben Shlomo is the President of Jgive-Friends Of Asor Fund Usa Inc.


Official website here: www.jgive.com

What is the revenue of Jgive-Friends Of Asor Fund Usa Inc?

Jgive-Friends Of Asor Fund Usa Inc's revenue in 2022 was $25,958,225.


Official website here: www.jgive.com

Who are the executives of Jgive-Friends Of Asor Fund Usa Inc and what are their salaries?

There 3 volunteers at Jgive-Friends Of Asor Fund Usa Inc.


Here are 2 key members and their salaries:


Ori Ben Shlomo (President)
  • Compensation: $0
  • Related: $0
  • Other: $100,000
Yosef Segal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jgive.com

Where can I find the form 990 for Jgive-Friends Of Asor Fund Usa Inc?

Jgive-Friends Of Asor Fund Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jgive.com

Learn more at the official website: www.jgive.com

Mission Statement of Jgive-Friends Of Asor Fund Usa Inc

Jgive-Friends of Asor Fund USA Inc is a nonprofit organization with a mission to foster philanthropy on a global scale. They identify and showcase charitable organizations within the Jewish community, connecting them with potential donors through an advanced technological platform. Their flagship program, JGive, is designed to facilitate donations efficiently and securely, ensuring that the largest possible percentage of each contribution reaches its intended beneficiary.

Jgive-Friends of Asor Fund USA Inc serves as a bridge between generous donors and deserving nonprofit organizations, making charitable giving a seamless and rewarding experience. By utilizing innovative technology, they enable donors to quickly and confidently support causes that align with their values and beliefs. The organization's mission is rooted in the understanding that charitable contributions can bring about meaningful change, and they strive to make this process as accessible and straightforward as possible.

Jgive-Friends of Asor Fund USA Inc's dedication to philanthropy extends beyond simply connecting donors with charities. They prioritize the reliability and transparency of their platform, ensuring that each donation is processed efficiently and directly reaches the intended nonprofit organization. This commitment to efficiency and effectiveness allows donors to make a significant and lasting impact on the causes they care about.

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Impact




October, 2024

Jgive-Friends Of Asor Fund USA Inc has made a significant impact by providing over $23 million in grant funding to charities in Israel, focusing exclusively on programs dedicated to charitable purposes. By encouraging philanthropy worldwide, the organization connects donors with nonprofit organizations in the Jewish world through an innovative technological platform known as JGive.

This platform is designed to streamline the donation process, ensuring that contributions are made quickly, safely, and reliably. By maximizing the percentage of each donation that goes directly to the intended charitable organization, Jgive promotes effective giving and enhances support for critical initiatives. The result is a strengthened philanthropic ecosystem that empowers numerous charitable programs to fulfill their missions and impact communities positively.




This information is meant to be a general summary of Jgive-Friends Of Asor Fund Usa 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
$25,958,225 (2022)
Expenses
$23,792,232 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,198
  • Gross Receipts: $25,958,225

Assets and Liabilities:

  • Total Assets: $5,880,979
  • Total Liabilities: $0
  • Net Assets: $5,880,979

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Organization Details

Founding Year

2016

Principal Officer

Ori Ben Shlomo

NTEE Category

Code: T30 - Philanthropy

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