X

Charity Navigator relies on donations from users like you.
Dear Readers: Did you know that Charity Navigator is a nonprofit too? We never charge users or nonprofits to use our site. We rely on donations from users like you. If everyone gave $5, we could keep it online and free for another year. Please help today.
Dear Readers: Did you know that Charity Navigator is a nonprofit too? We never charge users or nonprofits to use our site. We rely on donations from users like you. If everyone gave $5, we could keep it online and free for another year. Please help today.
Maybe later  |   I already donated
Disable all preview features

Education : Scholarship and Financial Support (Grantmaking)

Israel Scholarship Education Foundation

Building Israel, One Mind at a Time

two stars

76.50

520 Eighth Avenue 4th floor
New York, NY 10018
tel: (212) 683-7772   Web Site
EIN: 13-2909403

Board Leadership
Carlos Benaim
President

CEO
Dmitry Shimelfarb
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 76.50 two stars
  Financial 67.02 one star
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The mission of the Israel Scholarship Education Foundation (formerly the International Sephardic Education Foundation) is to empower extraordinary individuals of under-served backgrounds and top academic merit to reach their highest leadership potential, igniting positive change in Israeli society.

ISEF believes Israel's greatest natural resource is the minds of its youth, and that investing in their development is vital for Israel's long-term security and prosperity.

ISEF adopts a transformative, holistic approach that nurtures the mind and environment of each individual, producing the highest return on investment for Israeli society.

Over 400 students are pursuing degrees from BA to PhD at 19 Israeli universities and colleges, and 20 ISEF International Fellows are doing PhD and postdoctoral training at top international research universities.

As part of their leadership training, ISEF's scholars tutor and mentor over 3,000 at-risk youth each week all over Israel.

The mission of the Israel Scholarship Education Foundation (formerly the International Sephardic Education Foundation) is to empower extraordinary individuals of under-served backgrounds and top academic merit to reach their highest leadership potential, igniting positive change in Israeli society.

ISEF believes Israel's greatest natural resource is the minds of its youth, and that investing in their development is vital for Israel's long-term security and prosperity.

ISEF adopts a transformative, holistic approach that nurtures the mind and environment of each individual, producing the highest return on investment for Israeli society.

Over 400 students are pursuing degrees from BA to PhD at 19 Israeli universities and colleges, and 20 ISEF International Fellows are doing PhD and postdoctoral training at top international research universities.

As part of their leadership training, ISEF's scholars tutor and mentor over 3,000 at-risk youth each week all over Israel.

Financial

one star

67.02

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
67.5%
  Administrative Expenses 15.3%
  Fundraising Expenses 17.1%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 0.14
  Program Expenses Growth 2.0%
  Liabilities to Assets 1.5%
All data for Financial Performance Metrics calculations was provided by Israel Scholarship Education Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Israel Scholarship Education Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Israel Scholarship Education Foundation (NY) 76.50 two stars
South Carolina Governor's School for Science and Math Foundation (SC) 86.43 three stars
American Associates, Ben-Gurion University of the Negev (NY) 95.94 four stars
Peninsula Education Foundation (CA) 93.31 four stars
Vellore Christian Medical College Foundation (NY) 96.00 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $821,709
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $803,877
   Related Organizations $0
   Government Grants $0
Total Contributions $1,625,586
   Program Service Revenue $0
Total Primary Revenue $1,625,586
   Other Revenue $-41,478
TOTAL REVENUE $1,584,108
   
EXPENSES  
   Program Expenses $1,010,656
   Administrative Expenses $286,317
   Fundraising Expenses $282,333
TOTAL FUNCTIONAL EXPENSES $1,579,306
   
Payments to Affiliates $0
Excess (or Deficit) for the year $4,802
   
Net Assets $4,932,922

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarship Grants $1,010,656 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-09 02/01/2019 76.50 two stars
2016-09 04/01/2018 81.92 three stars
2015-09 03/01/2017 80.76 three stars
2014-09 06/01/2016 80.80 three stars
 
CN 2.0
2014-09 12/22/2015 80.40 three stars
2013-09 06/01/2015 83.79 three stars
2012-09 03/01/2014 85.08 three stars
2011-09 12/01/2012 87.23 three stars
2011-09 11/06/2012 85.31 three stars
2010-09 02/01/2012 85.45 three stars
2009-09 09/20/2011 92.53 four stars
 
CN 1.0
2009-09 12/01/2010 80.17 three stars
2008-09 02/01/2010 95.46 four stars
2007-09 11/01/2008 75.74 two stars
2006-09 09/01/2007 81.28 three stars
2005-09 07/01/2006 79.82 two stars
2004-09 08/01/2005 77.60 two stars
2003-09 10/01/2004 92.55 four stars
2002-09 09/01/2003 95.32 four stars
2001-09 10/15/2002 91.19 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-2909403
Name in IRS Master File INTERNATIONAL SEPHARDIC EDUCATION FOUNDATION
NTEE Code Q22
NTEE Classification International Student Exchange and Aid
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1978
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
  • September, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Israel Scholarship Education Foundation (NY) 76.50 two stars
The Foundation for Oklahoma City Public Schools (OK) 89.39 three stars
State University College at Oneonta Foundation Corporation (NY) 96.44 four stars
American Friends of The Tel Aviv University (NY) 93.25 four stars
West Point Association of Graduates (NY) 93.07 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Israel Scholarship Education Foundation
520 Eighth Avenue
4th floor
New York, NY 10018
tel: (212) 683-7772
fax: (212) 683-7779
EIN: 13-2909403

Visit Web Site

Board Leadership

Carlos Benaim
President

CEO

Dmitry Shimelfarb
Executive Director

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.