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Top Rated

New Israel Fund

CharityWatch report issued
February 2019

Top-Rated Charity
A-
CharityWatch Grade
Our independent grade based
on a number of factors.
 
77%
Program Percentage
Amount spent on programs
relative to overhead.
 
$12
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

New Israel Fund
2100 M Street, N.W.
Suite 619
Washington, DC 20037

Other Names

None

Tax Status

501(c)3

Website

www.nif.org

Stated Mission

To strengthen Israel's democracy and to promote freedom, justice, and equality for all of Israel's citizens.

View similar charities
Data based on Fiscal Year Ended 12/31/2017

Program Percentage: 77%

The percentage of New Israel Fund's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$30,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $12

How many dollars New Israel Fund spends on fundraising to raise each $100 of contributions.

$29,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
New Israel Fund IRS Form 990 94-2607722
New Israel Fund Audited Financial Statements 94-2607722
Entity: New Israel Fund
Document Type: IRS Form 990
Tax ID: 94-2607722
Entity: New Israel Fund
Document Type: Audited Financial Statements
Tax ID: 94-2607722

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
New Israel Fund
meets governance benchmarks.
 
New Israel Fund
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

  Name Title Compensation
1 Daniel Sokatch Executive Director/CEO $412,995
2 Jennifer Gorovitz VP, Finance, Operations And Administration $238,123
3 Steven Rothman VP, National Development $212,735
1
Name: Daniel Sokatch
Title: Executive Director/CEO
Compensation: $412,995
2
Name: Jennifer Gorovitz
Title: VP, Finance, Operations And Administration
Compensation: $238,123
3
Name: Steven Rothman
Title: VP, National Development
Compensation: $212,735

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
CharityWatch's rating of the New Israel Fund (NIF) includes the financial activities of the NIF operations in the U.S. and in Israel, which are combined in the NIF audited financial statements for the fiscal year ended December 31, 2017.

According to the NIF audit of December 31, 2017 (Note 1, Organization):

"NIF is headquartered in San Francisco and has offices in several U.S. cities and in Israel. ... Included in the accompanying [audited] financial statements are the amounts from financial statements for the NIF - Israel operation... All intercompany transactions between the U.S. operation and the Israel operation have been eliminated and are not shown in the [audited] financial statements."


According to the NIF audit of December 31, 2017 (Note 9, Agreements With Affiliates):

"NIF has entered into Memoranda of Understanding with affiliates in Canada, Great Britain, Switzerland, Germany, and is in the process with Australia, whereby these separate entities each conduct programming and raise funds that support NIF grant making in Israel. The financial information of the Affiliates is not included in the [audited] financial statements of NIF."
According to the New Israel Fund (NIF) 2017 tax filing, NIF reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):

"Anthony Fullington received severance in the amount of $74,417."


Anthony Fullington is reported as "CFO (through 01/17)" and received reported total compensation of $121,713 in 2017 (IRS Form 990, Part VII).
According to the New Israel Fund (NIF) audit of December 31, 2017 (Note 12, Severance):

"Under Israeli law, NIF has recorded a liability reflecting the difference between the total obligation for severance pay, less the amounts that have been deposited in pension and provident funds and management insurance policies.

"Such severance, pension and provident funds in Israel reflect amounts deposited in a central severance pay fund as required by law. The fund has an accrued severance liability of $176,968, payable upon termination of employment."

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