ISRAEL SCHOLARSHIP EDUCATION FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ISRAEL SCHOLARSHIP EDUCATION FOUNDATION (EIN 13-2909403)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-08-13
IRS object ID
202122259349302652
Schema version
2019v5.2
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)
Return2021-08-13T14:00:07-05:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

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 Begin2019-10-01TaxPeriodBeginDt

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 Line1520 EIGHTH AVE 4TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHARRY KATZPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2126837772PhoneNum
Signature2021-08-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCOREY H NEUBAUER CPAPreparerPersonNm
PTINP00363626PTIN
Phone2013427753PhoneNum
Preparation2021-08-11PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerYOSI MANORPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 EIGHTH AVE 4TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,648,280GrossReceiptsAmt
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 Body24VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,932,162PYContributionsGrantsAmt
CY Contributions Grants$1,249,678CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$87,450PYInvestmentIncomeAmt
CY Investment Income$532,457CYInvestmentIncomeAmt
PY Other Revenue-$186,960PYOtherRevenueAmt
CY Other Revenue-$4,926CYOtherRevenueAmt
PY Total Revenue$2,832,652PYTotalRevenueAmt
CY Total Revenue$1,777,209CYTotalRevenueAmt
PY Grants And Similar Paid$1,120,150PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,118,481CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$471,748PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$415,560CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$47,500PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$62,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$247,095CYTotalFundraisingExpenseAmt
PY Other Expenses$290,677PYOtherExpensesAmt
CY Other Expenses$251,159CYOtherExpensesAmt
PY Total Expenses$1,930,075PYTotalExpensesAmt
CY Total Expenses$1,847,200CYTotalExpensesAmt
PY Revenues Less Expenses$902,577PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$69,991CYRevenuesLessExpensesAmt
Total Assets BOY$6,324,336TotalAssetsBOYAmt
Total Assets EOY$6,025,026TotalAssetsEOYAmt
Total Liabilities BOY$463,628TotalLiabilitiesBOYAmt
Total Liabilities EOY$25,320TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,860,708NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,999,706NetAssetsOrFundBalancesEOYAmt
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$1,370,767ExpenseAmt
Grant$1,118,481GrantAmt
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 2019-2020, APPROXIMATELY 398 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 2019-2020, SO THAT THEY COULD PARTICIPATE IN PHD, MD, LAW, OR POST-DOCTORATE PROGRAMS AT VARIOUS UNIVERSITIES IN THE UNITED STATES, CANADA, AND EUROPE.Desc
Total Program Service Expenses$1,370,767TotalProgramServiceExpensesAmt
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 StmtYes (1)ConsolidatedAuditFinclStmtInd
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 Document5IRPDocumentCnt
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 Members24GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
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 Line1520 EIGHTH AVE 4TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
YVONNE COHEN
DIRECTOR1.00Yes (X)$0$0$0
NORMAN BELMONTE
DIRECTOR1.00Yes (X)$0$0$0
DAVID DANGOOR
DIRECTOR1.00Yes (X)$0$0$0
DAREL M BENAIM
DIRECTOR1.00Yes (X)$0$0$0
SAMUEL ELIA
DIRECTOR1.00Yes (X)$0$0$0
SIMON ELIAS
DIRECTOR1.00Yes (X)$0$0$0
EZRA MARCOS
DIRECTOR1.00Yes (X)$0$0$0
ROYSI ERBES
DIRECTOR1.00Yes (X)$0$0$0
ALBERT NASSER
DIRECTOR1.00Yes (X)$0$0$0
JACQUES NASSER
DIRECTOR1.00Yes (X)$0$0$0
RICHARD ROTHBERG
SECRETARY1.00Yes (X)$0$0$0
DANIEL ROUBENI
DIRECTOR1.00Yes (X)$0$0$0
JUDY ROSENBERG
DIRECTOR1.00Yes (X)$0$0$0
ROBERT SHASHA
DIRECTOR1.00Yes (X)$0$0$0
KATRIN YAGHOUBI SOSNICK
DIRECTOR1.00Yes (X)$0$0$0
JUDITH WOLFF
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL VAKNIN
DIRECTOR1.00Yes (X)$0$0$0
CARLOS BENAIM
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
NINA A WEINER CO ISEF
CHAIRWOMAN/EMERITA1.00Yes (X)$0$0$0Yes (X)
HARRY KATZ
TREASURER1.00Yes (X)$0$0$0Yes (X)
AVI ABERGEL
DIRECTOR1.00Yes (X)$0$0$0
YOSI MANOR
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH ROSE
DIRECTOR1.00Yes (X)$0$0$0
LIOR YAHALOMI
DIRECTOR1.00Yes (X)$0$0$0
DMITRY SHIMELFARB
EXECUTIVE DIRECTOR40.00$149,310$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$149,310TotalReportableCompFromOrgAmt
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$567,649FundraisingAmt
Government Grants$52,362GovernmentGrantsAmt
All Other Contributions$629,667AllOtherContributionsAmt
Noncash Contributions$9,138NoncashContributionsAmt
Total Contributions$1,249,678TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,168TotalRevenueColumnAmt
Exclusion$93,168ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,305,434SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,866,145SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$439,289SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$439,289TotalRevenueColumnAmt
Related Or Exempt Func Income$439,289RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$567,649ContriRptFundraisingEventAmt
Fundraising Direct Expenses$4,926FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,926TotalRevenueColumnAmt
Exclusion-$4,926ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,777,209TotalRevenueColumnAmt
Related Or Exempt Func Income$439,289RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$88,242ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,118,481TotalAmt
Program Services$1,118,481ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$160,238TotalAmt
Program Services$64,095ProgramServicesAmt
Management And General$32,048ManagementAndGeneralAmt
Fundraising$64,095FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$237,599TotalAmt
Program Services$93,988ProgramServicesAmt
Management And General$86,529ManagementAndGeneralAmt
Fundraising$57,082FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$17,723TotalAmt
Program Services$7,925ProgramServicesAmt
Management And General$3,127ManagementAndGeneralAmt
Fundraising$6,671FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$20,065TotalAmt
Management And General$20,065ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$72,464TotalAmt
Management And General$72,464ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$62,000TotalAmt
Fundraising$62,000FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,840TotalAmt
Program Services$2,090ProgramServicesAmt
Fundraising$18,750FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,021TotalAmt
Program Services$10,021ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$39,656TotalAmt
Program Services$17,733ProgramServicesAmt
Management And General$6,996ManagementAndGeneralAmt
Fundraising$14,927FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$36,782TotalAmt
Program Services$21,679ProgramServicesAmt
Management And General$1,939ManagementAndGeneralAmt
Fundraising$13,164FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,487TotalAmt
Program Services$3,487ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$11,967TotalAmt
Program Services$11,967ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$711TotalAmt
Program Services$318ProgramServicesAmt
Management And General$125ManagementAndGeneralAmt
Fundraising$268FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PUBLIC RELATIONS$27,040$14,649$2,253$10,138
MISCELLANEOUS EXPENSE$6,504$4,334$2,170
OTHER PROJECTS$1,622$1,622

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,847,200TotalAmt
Program Services$1,370,767ProgramServicesAmt
Management And General$229,338ManagementAndGeneralAmt
Fundraising$247,095FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,382,643BOYAmt
EOY$894,423EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt
EOY$123,482EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$23,316BOYAmt
EOY$1,093EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,215LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,318LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,608BOYAmt
EOY$1,897EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,886,709BOYAmt
EOY$5,000,071EOYAmt

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,324,336BOYAmt
EOY$6,025,026EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$173,628BOYAmt
EOY$25,320EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$290,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$463,628BOYAmt
EOY$25,320EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,103,068BOYAmt
EOY$1,333,789EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,757,640BOYAmt
EOY$4,665,917EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,860,708BOYAmt
EOY$5,999,706EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,324,336BOYAmt
EOY$6,025,026EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$69,991ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$81,011NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$290,000OtherChangesInNetAssetsAmt
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$1,441,167CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,507,203CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,529,852CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,928,125CurrentTaxYearMinus1YearAmt
Current Tax Year$1,188,179CurrentTaxYearAmt
Total$8,594,526TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,441,167CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,507,203CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,529,852CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,928,125CurrentTaxYearMinus1YearAmt
Current Tax Year$1,188,179CurrentTaxYearAmt
Total$8,594,526TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$8,594,526PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$129,991CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$124,714CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$111,531CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$117,379CurrentTaxYearMinus1YearAmt
Current Tax Year$93,168CurrentTaxYearAmt
Total$576,783TotalAmt
FieldValueIRS element (for citing)
Total Support$9,171,309TotalSupportAmt
Public Support CY1700.93710PublicSupportCY170Pct
Public Support PY1700.93300PublicSupportPY170Pct
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$4,757,640BeginningYearBalanceAmt
Investment Earnings Or Losses$358,277InvestmentEarningsOrLossesAmt
Other Expenditures$450,000OtherExpendituresAmt
End Year Balance$4,665,917EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,068,584BeginningYearBalanceAmt
Contributions$25,000ContributionsAmt
Investment Earnings Or Losses$29,056InvestmentEarningsOrLossesAmt
Other Expenditures$365,000OtherExpendituresAmt
End Year Balance$4,757,640EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,729,419BeginningYearBalanceAmt
Contributions$25,000ContributionsAmt
Investment Earnings Or Losses$364,165InvestmentEarningsOrLossesAmt
Other Expenditures$50,000OtherExpendituresAmt
End Year Balance$5,068,584EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,168,525BeginningYearBalanceAmt
Contributions$560,894ContributionsAmt
End Year Balance$4,729,419EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,791,147BeginningYearBalanceAmt
Contributions$377,378ContributionsAmt
End Year Balance$4,168,525EndYearBalanceAmt
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$12,318DepreciationAmt
Book Value$1,897BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,897TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,786,347TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$9,138DonatedServicesAndUseFcltsAmt
Revenue Not Reported$9,138RevenueNotReportedAmt
Revenue Subtotal$1,777,209RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,777,209TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,856,338TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$9,138DonatedServicesUseFcltsAmt
Expenses Not Reported$9,138ExpensesNotReportedAmt
Expenses Subtotal$1,847,200ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,847,200TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationPART X- FIN 48 FOOTNOTE AS OF SEPTEMBER 30, 2020, 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 2016 ARE CLOSED. INCOME TAX RETURNS ARE ALSO FILED IN ISRAEL AND TAX RETURNS PRIOR TO FISCAL YEAR 2016 ARE CONSIDERED CLOSED.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Type Of Activities ConductedGRANT MAKINGTypeOfActivitiesConductedTxt
Region Total Expenditures$1,118,481RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,118,481SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,118,481TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Purpose Of GrantGENERAL SUPPORTPurposeOfGrantTxt
Cash Grant$894,763CashGrantAmt
Manner Of Cash DisbursementWIRE TRANSFERMannerOfCashDisbursementTxt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceEDUCATION GRANTSTypeOfAssistanceTxt
RegionMIDDLE EASTRegionTxt
Cash Grant$223,718CashGrantAmt
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:PART 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 POLICY
PART III ACCOUNTING METHOD:

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

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1BARBI ZAKIN EVENTSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1370 EAST 76TH ST SUITE B503AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd
FieldValueIRS element (for citing)
ActivityPROFESSIONAL FUNDRAISINGActivityTxt
Fundraiser Control Of FundsYes (1)FundraiserControlOfFundsInd
Gross Receipts$567,649GrossReceiptsAmt
Retained By Contractor$62,000RetainedByContractorAmt
Net To Organization$505,649NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$567,649TotalGrossReceiptsAmt
Total Retained By Contractors$62,000TotalRetainedByContractorsAmt
Total Net To Organization$505,649TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALA 2020Event1Nm
Gross Receipts Event1$567,649GrossReceiptsEvent1Amt
Charitable Contri Event1$567,649CharitableContriEvent1Amt
Rent Facility Costs Event1$4,926RentFacilityCostsEvent1Amt
Gross Receipts Total$567,649GrossReceiptsTotalAmt
Charitable Contributions Tot$567,649CharitableContributionsTotAmt
Rent Fclty Costs Total Events$4,926RentFcltyCostsTotalEventsAmt
Direct Expense Summary Events$4,926DirectExpenseSummaryEventsAmt
Net Income Summary-$4,926NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescPROBONO LEGAL SERVICESDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$9,138NoncashContributionsRptF990Amt
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 (7 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.
FORM 990, PART XI, LINE 9:LOAN PAYOFFS 290,000.
FORM 990, PART XIITHE BOARD IS RESPONSIBLE FOR AUDIT OVERSIGHT AND SELECTION OF INDEPENDENT AUDITORS

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$894,763InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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