NEW ISRAEL FUND

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ACTIVITY OR MISSION: THE MISSION OF THE NEW ISRAEL FUND IS TO STRENGTHEN ISRAEL'S DEMOCRACY AND TO PROMOTE FREEDOM, JUSTICE AND EQUALITY FOR ALL ISRAEL'S CITIZENS.

FINANCES

Summary Financial Statement
(in thousands of dollars except where reported as percent)
For tax period ended 2019-12-31 2018-12-31 2017-12-31
INCOME AND OTHER ADDITIONS TO NET ASSETS
Public support including net income from gaming and fundraising events 32,623 30,683 28,965
Revenue generated by provision of services 0 0 0
Income from investments, royalties, and rents, including unrealized investment gains and losses 551 -71 540
Income from sale of inventories and other assets -6 -13 101
Other additions to net assets 40 83 103
TOTAL INCOME AND OTHER ADDITIONS TO NET ASSETS 33,208 30,682 29,709
EXPENSES AND CHANGE IN NET ASSETS
Grants to Israeli and other foreign recipients 15,319 14,963 13,627
Grants to US recipients 2,048 75 0
Salaries and related expenses 10,383 9,678 9,907
Fees for services by non-employees 1,189 1,913 2,115
Advertising and promotion 0 0 0
Office expenses, occupancy, interest, depreciation, depletion and insurance 1,993 1,736 2,002
Information technology 180 171 217
Travel, conferences, conventions, and meetings 924 937 771
Other expenses 2,249 1,787 1,502
TOTAL EXPENSES 34,285 31,261 30,142
Addenda
Program service expenses as a percent of total expenses 80 79 77
Management and general expenses as a percent of total expenses 10 10 11
Fundraising expenses as a percent of total expenses 10 11 12
CHANGE IN NET ASSETS -1,077 -579 -433
Summary Balance Sheets
(in thousands of dollars)
Balance sheet period end date: 2019-12-31 2018-12-31 2017-12-31
ASSETS
Cash, savings accounts, and securities 12,563 11,854 13,547
Receivables: pledges and grants, accounts, loans, and other 1,748 3,411 2,713
Land, buildings, and equipment 453 501 502
Other assets 260 303 271
Total assets 15,025 16,069 17,033
LIABILITIES
Liabilities 4,459 4,425 4,810
NET ASSETS
Net assets without donor restrictions 5,499 6,560 6,667
Net assets with donor restrictions 5,067 5,084 5,555
Total net assets 10,566 11,644 12,223
  • If bar shows 1,000%, it indicates that the correct figure in 1,000% or higher
  • If bar shows 120%, it indicates that the correct figure in 120% or higher

PLEASE NOTE: This is a profile only of the US charity, NEW ISRAEL FUND. Information on this profile is from the NEW ISRAEL FUND’s Forms 990 filed with the Internal Revenue Service or the organization’s inernet website. A small amount of contact information may be from other sources. Tzedakah, Inc does not verify data provided by the listed charities.

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