Overview
What is Israel Charity Fund?
The Israel Charity Fund is a nonprofit organization situated in Waterbury, Connecticut. Their primary mission is to support Jewish religious education and contribute to the social welfare and betterment of Jewish communities worldwide. Their initiatives encompass providing assistance to enhance the social conditions of Jewish communities and fostering religious education for Jews globally.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Score: 65%
The Israel Charity Fund has received a two-star rating from Charity Navigator, indicating that it needs improvement. The organization scored 65%, reflecting strong performance in areas like board independence and the absence of asset diversion, which are crucial for effective governance. Specifically, they have achieved a perfect score for having 100% independent board members and documenting board meeting minutes.
However, the fund's financial health appears to be a concern, as evidenced by a liabilities to assets ratio of 61.45%, which scored zero out of a possible 15 points. This suggests a potentially precarious financial position, which could pose risks to its sustainability and operational effectiveness. While the program expense ratio is impressive at 97.00%, indicating a focus on program services, the overall financial challenges noted could impact the organization’s long-term viability.
In summary, while the Israel Charity Fund demonstrates commendable governance practices and a strong commitment to its programs, it faces significant financial hurdles that need to be addressed. Stakeholders should consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Israel Charity Fund legitimate?
Israel Charity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Israel Charity Fund 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
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What is the mission statement of Israel Charity Fund?
The Israel Charity Fund is dedicated to supporting Jewish religious education and promoting the social welfare and betterment of Jewish communities globally. Their mission encompasses providing aid to Jewish communities and fostering religious education, thereby contributing to their overall well-being. Their activities are centered around providing social assistance and supporting Jewish educational initiatives worldwide. The organization does not disclose its specific location in the provided information.
Who is the CEO of Israel Charity Fund?
Fred Bergman is the President of Israel Charity Fund.
What is the revenue of Israel Charity Fund?
Israel Charity Fund's revenue in 2022 was $116,762.
Who are the executives of Israel Charity Fund and what are their salaries?
There 3 volunteers at Israel Charity Fund.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Israel Charity Fund?
Israel Charity Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Israel Charity Fund
The Israel Charity Fund, as a nonprofit organization, is committed to supporting Jewish religious education and providing for the social welfare and benefits of Jewish communities worldwide. This mission encompasses various programs aimed at improving the living conditions and promoting religious education within Jewish communities globally. By providing social welfare services, the Israel Charity Fund seeks to uplift the lives of Jewish individuals and communities, ensuring they have the necessary support to thrive. Additionally, the organization places a strong emphasis on religious education, acknowledging its significance in preserving and strengthening Jewish cultural and spiritual identity.
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Impact
October, 2024
The Israel Charity Fund significantly impacts Jewish communities globally by enhancing religious education and addressing social welfare needs. Through its dedicated programs, the Fund supports Jewish religious education, ensuring that traditions and values are passed down to future generations. Additionally, it addresses various social welfare challenges faced by these communities, providing essential resources and assistance to improve their quality of life. Operated from Waterbury, CT, the Fund's mission fosters a sense of unity and support among Jewish populations worldwide, helping to create a stronger, more resilient community.
This information is meant to be a general summary of Israel Charity Fund. 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.
- Gross Receipts: $116,762
Assets and Liabilities:
- Total Assets: $973
- Total Liabilities: $146,548
- Net Assets: -$145,575
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Organization Details
Founding Year
2017
Phone
(718) 230-2600Principal Officer
Fred Bergman
Main Address
21 W Main Street, Waterbury, CT, 06702
NTEE Category
Code: Q30 - International
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