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Israel Select Charity Fund Inc

Supporting the life-saving work of Jewish charities in Israel and around the world

Skokie, IL   |  https://israelselect.org/
GuideStar Charity Check

Israel Select Charity Fund Inc

EIN: 84-2437761


Mission

The Israel Select Charity Fund works closely with worthy charities and individuals to enable donors to streamline their giving all in one place. We carefully vet our beneficiaries to be sure they are truly needy and make sure the funds are transferred immediately to where they are needed. Our charities provide meals and financial support for those in need, Jewish education, medical equipment, mental health services, medical services, after-school services for disabled children, job-training, support to families suffering from illness and more.

Ruling year info

2020

Principal Officer

Josh Friedman

Main address

8170 McCormick Blvd Ste 225

Skokie, IL 60076 USA

Show more contact info

EIN

84-2437761

Subject area info

Education

Human services

Population served info

Family relationships

Health

NTEE code info

Human Service Organizations (P20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Programs and results

Reports and documents

What we aim to solve

SOURCE: Self-reported by organization

Charitable givers want to know that their donations will reach the truly needy in a timely manner and that the donors will receive tax deductions for their donations. Israel Select Charity Fund does this by providing a means for donors to streamline their charity vetting process and record keeping. Giving through ISCF allows donations to go directly to a chosen beneficiary without delay.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Ezrat Achim (Brothers helping brothers)

ISCF supports worthy charities, including Ezrat Achim, which is a non-profit organization in Beit Shemesh, Israel that offers relief and assistance to all residents in the area, servicing hundreds of residents weekly. They have a warehouse housing up-to-date medical equipment, which are loaned free of charge. They offer other medical services such as weekend clinics, Bilirubin testing, burn treatment, transportation to hospitals, Meals-on-Wheels service, which provides daily fresh cooked food to those in need. Their social and community services have grown to include an after school Special Needs center, as well as a Safety and Prevention Project with the goal of reducing home accidents citywide. Ezrat Achim has also added to its medical equipment Oxygen Concentrators for COVID-19 patients. These are life-saving for many people suffering from COVID-19. These devices keep the sick out of the hospital and speed up the recovery process, as well as save lives.

Population(s) Served

ISCF also provides support to Moshia (Protector) Mental Health Services. Moshia provides mental health services for people with a variety of challenges including depression, impulse control, psychiatric conditions, and substance and other abuse. Many families are living at poverty level and are unable to afford psychiatric services and support. Moshia provides connections to appropriate facilities, psychiatrists, counselors and much more. By helping Moshia, you can literally save lives.

Population(s) Served

ISCF provides support for Bais Aaron and Israel Kyiv (BAI Kyiv). When the war between Russia and Ukraine broke out in 2022, the community was evacuated and is now in Tiberias, Israel. BAI is working tirelessly to resettle the war refugees, who are in need of: shelter (rental subsidies), food, clothing, language immersion, job retraining, transportation and more. When in Kyiv, BAI provided for many Jews in the community, including running a a general school with 200 boys and girls. BAI Kyiv also provides Jewish education, kosher food, and assistance to individuals and institutions in need of financial support.

Population(s) Served

ISCF supports Noam Yisrael, which is a Yeshiva and vocational high school for young men and boys with learning disabilities who cannot function in mainstream schools, aiming to transform them into successful, functional young adults.

Population(s) Served

The Israel Select Charity Fund raised the funds to build the Yeshuos Yisroel Computer Center, which is geared to give religious young men the ability to pursue a college degree online and greatly increase their opportunities in the work force.

Population(s) Served

ISCF provides support to help individuals in need, including:
Widows and Orphans
Cancer victims and their families
Support to needy families, including providing the means for families to make modest weddings

Population(s) Served

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Israel Select Charity Fund works closely with worthy charities and individuals to enable donors to streamline their giving all in one place. We carefully vet our beneficiaries to be sure they are truly needy and make sure the funds are transferred immediately to where they are needed. Our charities provide meals and financial support for those in need, Jewish education, medical equipment, mental health services, medical services, after-school services for disabled children, job-training, support to families suffering from illness and more.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    to figure out what their needs are so we can help them better

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get honest feedback from the people we serve, It is difficult to identify actionable feedback

Financials

Israel Select Charity Fund Inc
Fiscal year: Jan 01 - Dec 31
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.00

Average of 0.00 over 3 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.1

Average of 2.8 over 3 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 3 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Israel Select Charity Fund Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Israel Select Charity Fund Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Israel Select Charity Fund Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Israel Select Charity Fund Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $35,614 $251,473 -$255,980
As % of expenses 33.0% 30.1% -9.5%
Unrestricted surplus (deficit) after depreciation $35,614 $251,473 -$255,980
As % of expenses 33.0% 30.1% -9.5%
Revenue composition info
Total revenue (unrestricted & restricted) $143,539 $1,086,681 $2,432,636
Total revenue, % change over prior year 0.0% 657.1% 123.9%
Program services revenue 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 100.0%
Other revenue 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $107,925 $835,209 $2,688,618
Total expenses, % change over prior year 0.0% 673.9% 221.9%
Personnel 0.0% 0.0% 0.0%
Professional fees 0.0% 0.0% 0.5%
Occupancy 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0%
Pass-through 99.9% 100.0% 99.5%
All other expenses 0.1% 0.0% 0.0%
Full cost components (estimated) info 2020 2021 2022
Total expenses (after depreciation) $107,925 $835,209 $2,688,618
One month of savings $8,994 $69,601 $224,052
Debt principal payment $0 $0 $0
Fixed asset additions $0 $0 $0
Total full costs (estimated) $116,919 $904,810 $2,912,670

Capital structure indicators

Liquidity info 2020 2021 2022
Months of cash 4.0 4.2 0.1
Months of cash and investments 4.0 4.2 0.1
Months of estimated liquid unrestricted net assets 4.0 4.2 0.1
Balance sheet composition info 2020 2021 2022
Cash $35,614 $289,255 $33,275
Investments $0 $0 $0
Receivables $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.0% 0.0% 0.0%
Unrestricted net assets $35,614 $289,255 $33,275
Temporarily restricted net assets N/A N/A N/A
Permanently restricted net assets N/A N/A N/A
Total restricted net assets $0 $0 $0
Total net assets $35,614 $289,255 $33,275

Key data checks

Key data checks info 2020 2021 2022
Material data errors No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Josh Friedman

A native of Memphis, Tennessee, Josh Friedman is a trained actuary who worked on Wall Street for New York Life, Guardian, and SCOR on Wall Street. Through his work with Jewish institutions, as well as the daily comings-and-goings of his life, he has met people who need help but unfortunately are just not getting it. Josh felt a responsibility to do something about the situation, so he founded Israel Select Charity Fund to start a revolution in effective and direct charitable giving.

Number of employees

Source: IRS Form 990

Israel Select Charity Fund Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Israel Select Charity Fund Inc

Board of directors
as of 05/06/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Josh Friedman

Israel Select Charity Fund, Inc.

Shira Isenberg

Secretary of Israel Select

Gabriel Witkin

Treasurer of Israel Select

Organizational demographics

SOURCE: Self-reported; last updated 7/1/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data