ISRAEL SCHOLARSHIP EDUCATION FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ISRAEL SCHOLARSHIP EDUCATION FOUNDATION (EIN 13-2909403)
Tax period
2023-10-01 to 2024-09-30
Filed
2025-08-14
IRS object ID
202502269349300735
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-08-14T11:09:23-05:00ReturnTs
Tax Period End2024-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061667465PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PRAGER METIS CPAS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1401 HACKENSACK AVE 4TH FLOORAddressLine1Txt
CityHACKENSACKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07601ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132909403EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ISRAEL SCHOLARSHIP EDUCATION FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlISRABusinessNameControlTxt
Phone2126837772PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 PARK AVE 16TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHARRY KATZPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2126837772PhoneNum
Signature2025-08-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCOREY H NEUBAUER CPAPreparerPersonNm
PTINP00363626PTIN
Phone2013427753PhoneNum
Preparation2025-08-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerYOSI MANORPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 PARK AVE 16TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,993,232GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ISEF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1977FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionISRAEL SCHOLARSHIP EDUCATION FOUNDATION'S MISSION IS TO NARROWISRAEL'S SOCIO-ECONOMIC GAP THROUGH HIGHER EDUCATION. ITS UNIQUEMETHODOLOGY COMBINES SCHOLARSHIP SUPPORT FOR GIFTED YOUNG PEOPLE FROMDISADVANTAGED BACKGROUNDS WITH COMMUNITY SERVICE, LEADERSHIP TRAINING, AND SOCIAL-CONSCIENCE BUILDING.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,528,292PYContributionsGrantsAmt
CY Contributions Grants$1,750,617CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$386,646PYInvestmentIncomeAmt
CY Investment Income$235,181CYInvestmentIncomeAmt
PY Other Revenue-$120,851PYOtherRevenueAmt
CY Other Revenue-$136,277CYOtherRevenueAmt
PY Total Revenue$1,794,087PYTotalRevenueAmt
CY Total Revenue$1,849,521CYTotalRevenueAmt
PY Grants And Similar Paid$1,257,216PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,273,694CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$321,568PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$380,641CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$78,246PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$84,477CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$263,257CYTotalFundraisingExpenseAmt
PY Other Expenses$464,659PYOtherExpensesAmt
CY Other Expenses$345,877CYOtherExpensesAmt
PY Total Expenses$2,121,689PYTotalExpensesAmt
CY Total Expenses$2,084,689CYTotalExpensesAmt
PY Revenues Less Expenses-$327,602PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$235,168CYRevenuesLessExpensesAmt
Total Assets BOY$7,560,795TotalAssetsBOYAmt
Total Assets EOY$8,623,489TotalAssetsEOYAmt
Total Liabilities BOY$37,571TotalLiabilitiesBOYAmt
Total Liabilities EOY$69,851TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,523,224NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,553,638NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionISRAEL SCHOLARSHIP EDUCATION FOUNDATION'S MISSION IS TO NARROWISRAEL'S 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,599,588ExpenseAmt
Grant$1,273,694GrantAmt
DescTHE ISRAEL SCHOLARSHIP EDUCATION FOUNDATION PROVIDES FUNDS TO ITS AFFILIATED ORGANIZATION IN ISRAEL, THROUGH WHICH SCHOLARSHIPS ARE PROVIDED TO ISRAELI CITIZEN STUDENTS STUDYING IN ISRAEL, AT THE UNDERGRADUATE, GRADUATE, AND POST-GRADUATE LEVELS. DURING THE ACADEMIC YEAR 2023-2024, APPROXIMATELY 432 STUDENTS IN ISRAEL RECEIVED ASSISTANCE THROUGH THIS PROGRAM. IN ADDITION, 21 INTERNATIONAL SCHOLARS, ALL ISRAELI CITIZENS, RECEIVED ISRAEL SCHOLARSHIP EDUCATION FOUNDATION SCHOLARSHIPS FOR THE ACADEMIC YEAR 2023-2024, SO THAT THEY COULD PARTICIPATE IN PHD, MD, LAW, OR POST-DOCTORATE PROGRAMS AT VARIOUS UNIVERSITIES IN THE UNITED STATES, CANADA, AND EUROPE.PROBONO LEGAL FEES FOR THE YEAR 2023-2024 IS $6,300.00Desc
Total Program Service Expenses$1,599,588TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSMADAR MANORPersonNm
Phone2126837772PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 PARK AVE 16TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ALBERT NASSER
DIRECTOR1.00Yes (X)$0$0$0
AVI ABERGEL
DIRECTOR1.00Yes (X)$0$0$0
CARLOS BENAIM
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
DANIEL ROUBENI
DIRECTOR1.00Yes (X)$0$0$0
DAREL M BENAIM
DIRECTOR1.00Yes (X)$0$0$0
DAVID DANGOOR
DIRECTOR1.00Yes (X)$0$0$0
EZRA MARCOS
DIRECTOR1.00Yes (X)$0$0$0
HARRY KATZ
TREASURER1.00Yes (X)$0$0$0Yes (X)
JACQUES NASSER
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH ROSE
DIRECTOR1.00Yes (X)$0$0$0
JUDITH WOLFF
DIRECTOR1.00Yes (X)$0$0$0
JUDY ROSENBERG
DIRECTOR1.00Yes (X)$0$0$0
KATRIN YAGHOUBI SOSNICK
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL VAKNIN
DIRECTOR1.00Yes (X)$0$0$0
NINA A WEINER CO ISEF
CHAIRWOMAN/EMERITA1.00Yes (X)$0$0$0Yes (X)
NORMAN BELMONTE
DIRECTOR1.00Yes (X)$0$0$0
RICHARD ROTHBERG
SECRETARY1.00Yes (X)$0$0$0
ROBERT SHASHA
DIRECTOR1.00Yes (X)$0$0$0
ROYSI ERBES
DIRECTOR1.00Yes (X)$0$0$0
SAMUEL ELIA
DIRECTOR1.00Yes (X)$0$0$0
SIMON ELIAS
DIRECTOR1.00Yes (X)$0$0$0
YOSI MANOR
DIRECTOR1.00Yes (X)$0$0$0
YVONNE COHEN
DIRECTOR1.00Yes (X)$0$0$0
DMITRY SHIMELFARB
EXECUTIVE DIRECTOR40.00$145,259$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$145,259TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$784,100FundraisingAmt
All Other Contributions$966,517AllOtherContributionsAmt
Noncash Contributions$63,612NoncashContributionsAmt
Total Contributions$1,750,617TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$215,358TotalRevenueColumnAmt
Exclusion$215,358ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$27,257SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$7,434SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$19,823SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,823TotalRevenueColumnAmt
Related Or Exempt Func Income$19,823RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$784,100ContriRptFundraisingEventAmt
Fundraising Direct Expenses$136,277FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$136,277TotalRevenueColumnAmt
Exclusion-$136,277ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,849,521TotalRevenueColumnAmt
Related Or Exempt Func Income$19,823RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$79,081ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,273,694TotalAmt
Program Services$1,273,694ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$145,259TotalAmt
Program Services$57,025ProgramServicesAmt
Management And General$37,912ManagementAndGeneralAmt
Fundraising$50,322FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$190,737TotalAmt
Program Services$74,879ProgramServicesAmt
Management And General$49,782ManagementAndGeneralAmt
Fundraising$66,076FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$44,645TotalAmt
Program Services$17,527ProgramServicesAmt
Management And General$11,652ManagementAndGeneralAmt
Fundraising$15,466FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,300TotalAmt
Management And General$6,300ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$34,969TotalAmt
Management And General$34,969ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$84,477TotalAmt
Fundraising$84,477FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$148,758TotalAmt
Program Services$46,853ProgramServicesAmt
Management And General$68,299ManagementAndGeneralAmt
Fundraising$33,606FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$36,136TotalAmt
Program Services$36,136ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$25,542TotalAmt
Program Services$9,419ProgramServicesAmt
Management And General$8,219ManagementAndGeneralAmt
Fundraising$7,904FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$55,750TotalAmt
Program Services$51,928ProgramServicesAmt
Management And General$3,822ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,192TotalAmt
Program Services$10,192ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,130TotalAmt
Program Services$2,130ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PUBLIC RELATIONS$17,250$11,844$0$5,406
MISCELLANEOUS EXPENSE$8,850$7,961$889$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,084,689TotalAmt
Program Services$1,599,588ProgramServicesAmt
Management And General$221,844ManagementAndGeneralAmt
Fundraising$263,257FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$132,999BOYAmt
EOY$52,352EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$20,000BOYAmt
EOY$78,092EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$6,627EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,215LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$14,215LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,403,736BOYAmt
EOY$8,482,358EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,060BOYAmt
EOY$4,060EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,560,795BOYAmt
EOY$8,623,489EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$37,571BOYAmt
EOY$69,851EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$37,571BOYAmt
EOY$69,851EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$501,113BOYAmt
EOY$650,122EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,022,111BOYAmt
EOY$7,903,516EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,523,224BOYAmt
EOY$8,553,638EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,560,795BOYAmt
EOY$8,623,489EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$235,168ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,265,582NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,188,179CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,449,116CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,866,764CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,513,610CurrentTaxYearMinus1YearAmt
Current Tax Year$1,744,316CurrentTaxYearAmt
Total$9,761,985TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,188,179CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,449,116CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,866,764CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,513,610CurrentTaxYearMinus1YearAmt
Current Tax Year$1,744,316CurrentTaxYearAmt
Total$9,761,985TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$9,761,985PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$93,168CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$92,613CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$163,452CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$202,379CurrentTaxYearMinus1YearAmt
Current Tax Year$215,358CurrentTaxYearAmt
Total$766,970TotalAmt
FieldValueIRS element (for citing)
Total Support$10,528,955TotalSupportAmt
Public Support CY1700.92720PublicSupportCY170Pct
Public Support PY1700.94240PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,022,111BeginningYearBalanceAmt
Investment Earnings Or Losses$1,285,405InvestmentEarningsOrLossesAmt
Other Expenditures$404,000OtherExpendituresAmt
End Year Balance$7,903,516EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,980,169BeginningYearBalanceAmt
Contributions$50,000ContributionsAmt
Investment Earnings Or Losses$691,942InvestmentEarningsOrLossesAmt
Other Expenditures$700,000OtherExpendituresAmt
End Year Balance$7,022,111EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,717,157BeginningYearBalanceAmt
Contributions$2,496,455ContributionsAmt
Investment Earnings Or Losses-$1,233,443InvestmentEarningsOrLossesAmt
End Year Balance$6,980,169EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,665,917BeginningYearBalanceAmt
Contributions$350,000ContributionsAmt
Investment Earnings Or Losses$901,240InvestmentEarningsOrLossesAmt
Other Expenditures$200,000OtherExpendituresAmt
End Year Balance$5,717,157EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,757,640BeginningYearBalanceAmt
Investment Earnings Or Losses$358,277InvestmentEarningsOrLossesAmt
Other Expenditures$450,000OtherExpendituresAmt
End Year Balance$4,665,917EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$14,215InvestmentCostOrOtherBasisAmt
Depreciation$14,215DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,115,103TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,265,582NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,265,582RevenueNotReportedAmt
Revenue Subtotal$1,849,521RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,849,521TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,090,989TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$6,300DonatedServicesUseFcltsAmt
Expenses Not Reported$6,300ExpensesNotReportedAmt
Expenses Subtotal$2,084,689ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,084,689TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:PART X- FIN 48 FOOTNOTE AS OF SEPTEMBER 30, 2024, MANAGEMENT BELIEVES THAT BASED ON EVALUATION ON ISEF'S TAX POSITIONS THAT ANY LIABILITY AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD BE IMMATERIAL. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS TO ASSIST IN EVALUATING THE ORGANIZATION'S TAX POSITIONS. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE RECOGNIZED AS PART OF THE INCOME TAX POSITION. INCOME TAX RETURNS ARE FILED IN THE U.S. FEDERAL JURISDICTION AND STATE JURISDICTION. U.S. FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2020 ARE CLOSED. INCOME TAX RETURNS ARE ALSO FILED IN ISRAEL AND TAX RETURNS PRIOR TO FISCAL YEAR 2020 ARE CONSIDERED CLOSED.
PART XII LINE 4BSCHOLARSHIP EXPENSE $1,273,694

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedGRANT MAKINGTypeOfActivitiesConductedTxt
Region Total Expenditures$1,273,694RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,273,694SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,273,694TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Purpose Of GrantGENERAL SUPPORTPurposeOfGrantTxt
Cash Grant$995,762CashGrantAmt
Manner Of Cash DisbursementWIRE TRANSFERMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceEDUCATION GRANTSTypeOfAssistanceTxt
RegionMIDDLE EASTRegionTxt
Cash Grant$277,932CashGrantAmt
Manner Of Cash DisbursementWIRE TRANSFERMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ISEF ISRAEL'S FUNDING FOR SCHOLARSHIP AND OTHER EXPENSES IS PROVIDED BY ISEF NEW YORK. ISEF ISRAEL PROVIDES SCHOLARSHIPS TO QUALIFIED STUDENTS THROUGH ASSOCIATED COLLEGES OR UNIVERSITIES AND DIRECTLY TO THE STUDENTS. THE SCHOLARSHIPS ARE DESIGNATED ONLY FOR THOSE UNDERSERVED ISRAELI STUDENTS. ISEF ISRAEL WORKS CLOSELY WITH THESE INSTITUTIONS TO PROPERLY PROVIDE THE SCHOLARSHIPS IN ACCORDANCE WITH ISEF NEW YORK POLICY. FUNDS TRANSFERRED TO ISEF ISRAEL ARE APPROVED BY ISEF NEW YORK'S EXECUTIVE DIRECTOR AND TREASURER IN ACCORDANCE WITH ISEF NEW YORK'S POLICYExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
BARBI ZAKIN EVENTS
370 EAST 76TH ST SUITE B503NEW YORKNY10021PROFESSIONAL FUNDRAISINGYes (1)$784,100$55,454$728,646
583 PARK AVE NEW YORK
520 8TH AVENUE 4TH FLOORNEW YORKNY10017EVENT VENUE0$0$85,120$0
GALA PRODUCTION
583 PARK AVENEW YORKNY10065GALA EXPENSES0$0$21,854$0
HUNT AUCTIONEERS
2 GOLD ST APT 4503NEW YORKNY10038AUCTION CHARGES0$0$5,750$0
PRIDE CATERERS
420 EAST 79TH STREETNEW YORKNY10075CATERING0$0$14,063$0
BLUMENFELD PICTURES
222 CENTRAL PARK SOUTHNEW YORKNY10019FILMS FOR GALA 20240$0$13,800$0
FieldValueIRS element (for citing)
Total Gross Receipts$784,100TotalGrossReceiptsAmt
Total Retained By Contractors$196,041TotalRetainedByContractorsAmt
Total Net To Organization$728,646TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$784,100GrossReceiptsEvent1Amt
Charitable Contri Event1$784,100CharitableContriEvent1Amt
Other Direct Expenses Event1$136,277OtherDirectExpensesEvent1Amt
Gross Receipts Total$784,100GrossReceiptsTotalAmt
Charitable Contributions Tot$784,100CharitableContributionsTotAmt
Oth Direct Expnss Total Events$136,277OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$136,277DirectExpenseSummaryEventsAmt
Net Income Summary-$136,277NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$57,312NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 21. CARLOS BENAIM IS MARRIED TO DAREL BENAIM. 2. YOSI MANOR IS MARRIED TO SMADAR MANOR.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 WAS PROVIDED TO ISRAEL SCHOLARSHIP EDUCATION FOUNDATION'S BOARD MEMBERS IN ELECTRONIC FORM FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH RESPECTIVE BOARD MEMBER AND HE/SHE IS REQUIRED TO COMPLETE THE DISCLOSURE STATEMENT AND RETURN THE DOCUMENT TO ISEF'S EXECUTIVE DIRECTOR. ISEF'S EXECUTIVE DIRECTOR ALSO SENDS OUT AN ELECTRONIC COPY OF THE DOCUMENT TO THOSE BOARD MEMBERS WHO ARE NOT PRESENT AT THE BOARD MEETING, ASKING THEM TO COMPLETE AND RETURN THE DISCLOSURE STATEMENT.
FORM 990, PART VI, SECTION B, LINE 15THE PROCESS THAT ISEF'S EXECUTIVE COMMITTEE USES TO DETERMINE COMPENSATION FOR THE POSITION OF EXECUTIVE DIRECTOR AS WELL AS TOP MANAGEMENT POSITIONS INCLUDES ACCESSING COMPARABILITY DATA AS PART OF THE DELIBERATION AND DECISION MAKING. THE PROCESS THAT ISEF'S EXECUTIVE COMMITTEE USES TO DETERMINE COMPENSATION FOR OFFICERS OR OTHER KEY EMPLOYEES INCLUDES ACCESSING COMPARABILITY DATA AS PART OF THE DELIBERATION AND DECISION MAKING.
FORM 990, PART VI, SECTION C, LINE 19ISEF MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTS POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ISEF INTERNATIONAL ED FUNDBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line14 CHAIM PEKERIS ST SCIENCE PARKAddressLine1Txt
CityREHOVOTCityNm
CountryISCountryCd
FieldValueIRS element (for citing)
Primary ActivitiesPROGRAM ADPrimaryActivitiesTxt
Legal Domicile Foreign CountryISLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ISEFBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeRTransactionTypeTxt
Involved$995,762InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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