ISRAEL SCHOLARSHIP EDUCATION FOUNDATION Charity Report

Public IRS 990 nonprofit record

ISRAEL SCHOLARSHIP EDUCATION FOUNDATION

EIN 13-2909403 · International, Foreign Affairs & National Security (Q220)

What they do

ISRAEL SCHOLARSHIP EDUCATION FOUNDATIONS MISSION is to NARROWISRAELS SOCIO-ECONOMIC GAP THROUGH HIGHER EDUCATION. ITS UNIQUE METHODOLOGY COMBINES SCHOLARSHIP SUPPORT for GIFTED YOUNG PEOPLE FROMDISADVANTAGED BACKGROUNDS WITH COMMUNITY SERVICE, LEADERSHIP TRAINING, and SOCIAL-CONSCIENCE BUILDING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.49%of revenue went to mission work76.7% of expenses · Program services

14.23%of revenue went to fundraising12.6% of expenses

$96.87spent for every $100 of revenueRevenue covered expenses this year.

11.99%of revenue went to management and office costs10.6% of expenses

$4.59in assets for every $1 spent this yearSome assets cannot be spent right away.

81.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $145,259 for DMITRY SHIMELFARB (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,849,521

Mission workProgram services$1,599,58886.49% of revenue76.7% of expenses

ManagementOffice and general costs$221,84411.99% of revenue10.6% of expenses

FundraisingAsking for donations$263,25714.23% of revenue12.6% of expenses

Total expenses$2,084,689112.72% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 76.7% mission · 10.6% management · 12.6% fundraisingTotal expenses: 112.72% of revenue

2022Expense mix: 75.9% mission · 11.1% management · 12.9% fundraisingTotal expenses: 118.26% of revenue

2021Expense mix: 75.9% mission · 10.3% management · 13.8% fundraisingTotal expenses: 53.09% of revenue

2020Expense mix: 75.3% mission · 11.6% management · 13.1% fundraisingTotal expenses: 87.95% of revenue

2019Expense mix: 74.2% mission · 12.4% management · 13.4% fundraisingTotal expenses: 103.94% of revenue

2018Expense mix: 73.6% mission · 11.2% management · 15.3% fundraisingTotal expenses: 68.14% of revenue

2016Expense mix: 64.0% mission · 18.1% management · 17.9% fundraisingTotal expenses: 99.70% of revenue

2015Expense mix: 71.0% mission · 15.3% management · 13.6% fundraisingTotal expenses: 91.08% of revenue

Money in and money out

Revenue$2,152,040

Expenses$2,084,689

Annual surplus $67,351 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,599,588 · 76.7% of expenses

Management and office costs$221,844 · 10.6% of expenses

Fundraising$263,257 · 12.6% of expenses

See all reported dollar amounts

Revenue$2,152,040

Expenses$2,084,689

Assets$9,565,655

Income$2,814,954

Contributions$1,750,617

Mission work (program services)$1,599,588

Fundraising$263,257

Management and general$221,844

Executive compensation (total)$160,238

Stocks and bonds$8,482,358

Accounting fees$34,969

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DMITRY SHIMELFARBEXECUTIVE DIRECTOR · 40 hrs/week $145,259

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

DMITRY SHIMELFARBEXECUTIVE DIRECTOR

JUDY ROSENBERGDIRECTOR

YVONNE COHENDIRECTOR

YOSI MANORDIRECTOR

SIMON ELIASDIRECTOR

SAMUEL ELIADIRECTOR

ROYSI ERBESDIRECTOR

ROBERT SHASHADIRECTOR

RICHARD ROTHBERGSECRETARY

NORMAN BELMONTEDIRECTOR

NINA A WEINER CO ISEFCHAIRWOMAN/EMERITA

MICHAEL VAKNINDIRECTOR

KATRIN YAGHOUBI SOSNICKDIRECTOR

ALBERT NASSERDIRECTOR

JUDITH WOLFFDIRECTOR

JOSEPH ROSEDIRECTOR

JACQUES NASSERDIRECTOR

HARRY KATZTREASURER

EZRA MARCOSDIRECTOR

DAVID DANGOORDIRECTOR

DAREL M BENAIMDIRECTOR

DANIEL ROUBENIDIRECTOR

CARLOS BENAIMPRESIDENT

AVI ABERGELDIRECTOR

About this charity

Recognized since: January 1978
Location: 100 PARK AVE 16TH FLOOR, NEW YORK, NY 10017-5538
County: New York
In care of: % DMITRY SHIMELFARB
Primary officer: HARRY KATZ, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailisefadmin@isef.org Phone(212) 683-7772

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: PRAGER METIS CPAS LLC
NTEE classification: International, Foreign Affairs & National Security (Q220)
IRS tax category: Educational Support Services