CENTRAL FUND OF ISRAEL

CEDARHURST, NY, 11516-2008 (646) 289-8105 Est. 1979 EIN 13-2992985
Q123— International & Foreign Affairs Form 990 501(c)(3)

Mission

Established in 1979 as a volunteer charity with the motto what you give is what you get, CFI was designed by its founders, Arthur and Hadassah Marcus, to enable one hundred percent of donations to reach charities in Israel. Over the years, CFI has received the Jerusalem Prize for volunteerism, accolades from the Chief Rabbinate, an award from PM Menachem Begin and accolades from hundreds of charities in Israel. We do not solicit or advertise. By word of mouth alone we have grown into a significant charitable force in Israel. Aiding over 400 charities and institutions each year we help the nation of Israel to thrive.

Giving Portfolio

Total Grants
22
Total Giving
$8.7M
Recipients
22
Years Active
2020 - 2024
Avg grant: $369,284 Median: $113,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20249$4.2M $468K63
20234$2.7M $667K13
20227$1.6M $232K61
20202$220K $110K20

Sectors Funded

Religion-Related
7
Philanthropy & Grantmaking
5
International & Foreign Affairs
4
Crime & Legal-Related
2
Education
1
Diseases & Disorders
1

Top States

New Jersey
5
Florida
4
New York
3
Colorado
3
California
3
District of Columbia
2
Maryland
1
Pennsylvania
1

Grantee Size Profile

$100K - $500K
6
$5M - $10M
3
$1M - $5M
3
$10M - $50M
3

Top Grantees

and 6 more grantees

Grants Awarded · 20 grants

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Financials

Total Revenue
$96,947,478
Total Expenses
$88,572,708
Net Assets
$47,279,306
8 volunteers
From latest filing (tax period ending 2025-01-31)

Financial Health

Operating Reserve
6.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 11.2%
Expenses ↓ 7.9%
Revenue Sources
Contributions 98.2% Investment 1.8%
Expense Breakdown
Program 99.7% Management 0.3%

Officers & Trustees (7)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$96,947,478 $88,572,708$47,279,306
2023 Form 990$109,179,379 $96,119,535$39,023,950
2022 Form 990$74,247,260 $73,817,799$26,145,976
2020 Form 990$48,947,790 $44,850,305$25,580,850
2019 Form 990$48,219,177 $42,439,185$21,483,365
2018 Form 990$39,602,245 $36,651,475$15,703,373

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EIN: 13-2992985 · Source: IRS Form 990 e-file data