BBB Wise Giving Report for
New Israel Fund

BBB Wise Giving Report issued October 2011
BBB Wise Giving Report expires October 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: New Israel Fund
Address: 330 Seventh Avenue, 11th Floor
  New York, NY 10001
Phone: 212-613-4400
Web Address: www.nif.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1979, District of Columbia
Affiliates: None
Stated Purpose: "to strengthen Israel's democracy and to promote freedom, justice and equality for all Israelis, in accordance with the state's declaration of independence."

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Evaluation Conclusions

               

New Israel Fund (NIF) meets the 20 Standards for Charity Accountability.
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Programs

               

NIF's civil and human rights program aims to protect and promote the rights of all citizens and resident in Israel. The organization also strives to bring equal access and opportunities to all citizens relating to employment, education, healthcare, resource allocations, and other services. The organization's long term goal is to reduce social and economic gaps and to help address the needs of and empower Israel's most disadvantaged citizens. NIF works with civil society organizations to foster a culture of citizen action and to promote policies and programs addressing poverty, homelessness, unemployment, and urban decay in low-income communities. The organization also makes grants to other groups active in four areas, human and civil rights, social justice, women, and community development.

For the year ended December 31, 2010, NIF's program expenses were:

  
Grants and Shatil 22,216,348
Other programs 2,715,968
Total Program Expenses: $24,932,316
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Governance

               

Chief Executive : Daniel Sokatch , CEO
Compensation*:
 $325,000

Chair of the Board: Naomi Chazan
Chair's Profession / Business Affiliation: Academic

Board Size: 28

Paid Staff Size: 58

*2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, telemarketing, special events, grant proposals, Internet appeals, and planned giving.
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $37,445,991, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on NIF's audited financial statements for the year ended December 31, 2010.

Source of Funds  
Contributions 37,361,353
Investment income 1,457,870
Program revenue 560,974
In-kind contributions 84,638
Other revenues 77,840
Total Income $39,542,675


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Uses of Funds as a % of Total Expenses

Programs: 81%  Fund Raising: 8%  Administrative: 11% 

Total income   $39,542,675
  Program expenses $24,932,316
  Fund raising expenses 2,491,579
  Administrative expenses 3,469,070
 
Total expenses   $30,892,965
Income in Excess of Expenses   8,649,710
Beginning net assets   17,711,572
Ending net assets   26,361,282
Total liabilities   7,796,378
Total assets   $34,157,660

Note: According to NIF's audited financial statements for 2010, the organization received in-kind contributions in the amount of $84,638 including: tuition and other ($64,013) and legal ($20,625).

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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