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Education : Scholarship and Financial Support (Grantmaking)

Israel Scholarship Education Foundation

Building Israel, One Mind at a Time

three stars

86.29

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 86.29 three stars
  Financial 80.62 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2021 and includes data from FY2019, the most recent 990 received at that time.

The mission of the Israel Scholarship Education Foundation is to empower extraordinary young Israelis of top academic merit who hail from underserved backgrounds to reach their highest leadership potential, igniting positive change in Israeli society.

ISEF believes investing in human capital development and expanded access to higher education are vital for Israel's security and prosperity.

ISEF adopts a transformative, holistic approach that nurtures each student's potential and produces 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 over 20 ISEF International Fellows are performing cutting-edge PhD and postdoctoral research at top international research universities.

ISEF's 400 scholars are role models and mentors for over 3,000 at-risk Israeli youngsters, whom they mentor and tutor for four hours a week - even during COVID-19.

The mission of the Israel Scholarship Education Foundation is to empower extraordinary young Israelis of top academic merit who hail from underserved backgrounds to reach their highest leadership potential, igniting positive change in Israeli society.

ISEF believes investing in human capital development and expanded access to higher education are vital for Israel's security and prosperity.

ISEF adopts a transformative, holistic approach that nurtures each student's potential and produces 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 over 20 ISEF International Fellows are performing cutting-edge PhD and postdoctoral research at top international research universities.

ISEF's 400 scholars are role models and mentors for over 3,000 at-risk Israeli youngsters, whom they mentor and tutor for four hours a week - even during COVID-19.

Financial

three stars

80.62

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2021 and includes data from FY2019, 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)
69.7%
  Administrative Expenses 13.9%
  Fundraising Expenses 16.2%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 0.60
  Program Expenses Growth 14.2%
  Liabilities to Assets 7.3%
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) 86.29 three stars
The NASCAR Foundation (FL) 85.96 three stars
American Associates, Ben-Gurion University of the Negev (NY) 91.95 four stars
Fund for Public Schools (NY) 89.50 three stars
The Chi Chi Rodriguez Youth Foundation (FL) 92.20 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,044,986
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $887,176
   Related Organizations $0
   Government Grants $0
Total Contributions $2,932,162
   Program Service Revenue $0
Total Primary Revenue $2,932,162
   Other Revenue $-99,510
TOTAL REVENUE $2,832,652
   
EXPENSES  
   Program Expenses $1,419,779
   Administrative Expenses $215,433
   Fundraising Expenses $294,863
TOTAL FUNCTIONAL EXPENSES $1,930,075
   
Payments to Affiliates $0
Excess (or Deficit) for the year $902,577
   
Net Assets $5,860,708

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 $1,419,779 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-09 03/01/2021 86.29 three stars
2018-09 09/01/2020 82.31 three stars
2018-09 03/01/2020 79.57 two stars
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

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 ISRAEL SCHOLARSHIP 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, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$139,850 7.24% Dmitry Shimelfarb Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Israel Scholarship Education Foundation (NY) 86.29 three stars
Home School Foundation (VA) 91.32 four stars
Mark Wahlberg Youth Foundation (MA) 89.79 three stars
American Associates, Ben-Gurion University of the Negev (NY) 91.95 four stars
Cape Eleuthera Foundation (PA) 88.47 three stars

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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

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