ACTIVITY OR MISSION: The mission of the organization is to educate a generation of leaders about israel's values and global contributions to the world, and to expose them to the skills and education that israel can offer them personally.

GOVERNANCE

PRINCIPAL OFFICER

GIL GALANOS

Co-Founder and CEO, Itrek

Gil Galanos is a natural leader. He’s led troops in the Israeli army, building camaraderie among the ranks. Five years ago he co-founded a nonprofit that empowers rising leaders to build a bridge between the Israeli and American communities. Working alongside Rafi Musher, founder and chairperson of Israel & Co, [Now Itrek] Galanos works to bring graduate students at prestigious U.S. universities to Israel. Trips are organized by field of study, whether its law, policy, or business. “I needed to do something inspiring,” says Galanos, a WeWork Times Square member. “Doing things yourself is great, but it can only get you so far. If you work with others, collaborate, and motivate them to help you get on board with a bigger mission and bigger impact, that’s even better.”

The most important thing about being an entrepreneur is to be resilient enough to meet with challenges and know that it’s going to pass, and you’re going to survive. Sometimes when there’s a big wave, you’re going to duck under and wait until it’s over.

The purpose of the trips is to build rapport with students who will shape future leadership. “For us, it’s about starting a relationship,” says Galanos, “and hopefully, it’s long term.” The organization, which launched five years ago, has brought more than 7,700 students to Israel. “To know I’m doing something good for my people and humankind is something that drives me,” says Galanos. “I’m working with an amazing team of young and passionate people who share our mission.”

By Crystal Kang October 24, 2016
Source: https://www.wework.com/ideas/growth-innovation/40-40-gil-galanos-wants-something-inspiring

Policies and Practices T=True F=False
Board Meeting Minutes. Minutes are taken at each board meeting.

T
Committee Meeting Minutes. Minutes are taken at meetings of committees acting on the board’s behalf.

T
Internal Review of Form 990. Copy of Form 990 is provided to each board member prior to filing.

THE 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED 990 WILL BE FILED.

T
Conflict of Interest Policy. The organization has a conflict of interest policy. T
Disclosure of Conflicts of Interest. Officers, directors, trustees, and key employees are required to disclose annually interests that could give rise to conflicts of interest policy. T
Enforcement of Conflict of Interest Policy. The organization regularly and consistently enforces compliance with the conflict of interest policy.

THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION.

T
Whistleblower Policy. The organization has a written whistleblower policy.

T
Document Retention and Destruction Policy. The organization has a written document retention and destruction policy. F
Process for Setting Salary of Senior Staff, Parts A. and B.:

THE EXECUTIVE COMMITTEE HAD A MEETING AND REVIEWED COMPARABLE INFORMATION AND DATA RELATED TO THE CEO'S COMPENSATION.

Part A. Process for Setting Salary of Top Management Official. The process for determining compensation of the CEO, Executive Director or other top management official includes a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. T
Part B. Process for Setting Salaries of Senior Employees. The process for determining compensation of senior officials includes a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. F
Disclosure of Documents. Disclose how the organization made governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

NOTE: Tzedakah, Inc. strongly encourages each organization to make its minutes (with suitable redactions to preserve individual privacy) and all governing documents available to the public on its website. Tzedakah. Inc. considers failure to do so a failure in transparency and views requiring specific requests for documents to be an unnecessary burden on the public in view of the availability of internet websites.

PERSONNEL

SENIOR STAFF COMPENSATION
End of fiscal year Name Title Base salary Comp. from related org. Additional compensation
2020-08-31GIL GALANOSCHIEF EXECUTIVE OFFICER297,400065,994
2020-08-31TALMIRIAM SHMULOVICHCHIEF OPERATING OFFICER177,500017,645
2020-08-31LESLIE BUCKMANSR. DIRECTOR OF FINANCE127,500029,654
2020-08-31EVAN MAJZNERV.P. OF DEVELOPMENT & STRAT.156,666028,298
2020-08-31NAOMI SOLOMONDIR. OF BUSINESS & PILOT ITREKS111,300017,317
2019-08-31GIL GALANOSCEO272,000062,128
2019-08-31TALMIRIAM SHMULOVICHCOO36,97004,067
2019-08-31LESLIE BUCKMANDIRECTOR OF FINANCE AND ADMINISTRATION112,292027,081
2019-08-31EVAN MAJZNERVP OF DEVELOPMENT AND STRATEGY144,333028,333
2018-08-31GIL GALANOSCEO249,363057,496
2018-08-31YAEL MILGALTERCOO129,914021
STAFF AND VOLUNTEERS
End of fiscal year Number of board members Number of paid staff Number of volunteers
2020-08-318187
2019-08-317180
2018-08-317140

PLEASE NOTE: This is a profile only of the US charity, Itrek, Inc.. Information on this profile is from the Itrek, Inc.’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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