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Education : Scholarship and Financial Support (Grantmaking)

ISEF Foundation

Quality education for all Israel's children

three stars

80.76

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

Board Leadership
Carlos Benaim
Chairman

CEO
Nancy Wellins
Acting Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 80.76 three stars
  Financial 72.80 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2017 and includes data from FY2015, the most recent 990 received at that time.

The mission of the ISEF Foundation (International Sephardic Education Foundation) is to build a better Israel by expanding access to higher education for bright young Israelis from immigrant and underserved communities. ISEF believes Israel's greatest natural resource is the minds of its youth. Investing in their development is vital for Israel's long-term security and prosperity. ISEF supports 400 deserving young Israelis pursuing degrees from BA to PhD at 20 Israeli universities and colleges, and 20 International Fellows doing PhD and postdoctoral training at top international research universities. As part of their leadership training, ISEF's scholars tutor and mentor some 1,000 promising Israeli youngsters in low-income areas, bolstering critical academic skills and offering living examples of the power of education to break the cycle of poverty.

The mission of the ISEF Foundation (International Sephardic Education Foundation) is to build a better Israel by expanding access to higher education for bright young Israelis from immigrant and underserved communities. ISEF believes Israel's greatest natural resource is the minds of its youth. Investing in their development is vital for Israel's long-term security and prosperity. ISEF supports 400 deserving young Israelis pursuing degrees from BA to PhD at 20 Israeli universities and colleges, and 20 International Fellows doing PhD and postdoctoral training at top international research universities. As part of their leadership training, ISEF's scholars tutor and mentor some 1,000 promising Israeli youngsters in low-income areas, bolstering critical academic skills and offering living examples of the power of education to break the cycle of poverty.

Financial

two stars

72.80

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2017 and includes data from FY2015, 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)
77.3%
  Administrative Expenses 10.5%
  Fundraising Expenses 12.0%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 0.06
  Program Expenses Growth -26.8%
  Liabilities to Assets 1.0%
All data for Financial Performance Metrics calculations was provided by ISEF Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by ISEF Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
ISEF Foundation (NY) 80.76 three stars
Oakland Public Education Fund (CA) 89.39 three stars
Palo Alto Partners in Education (CA) 91.24 four stars
American Friends of the Open University of Israel (NY) 87.67 three stars
Naval War College Foundation (RI) 93.41 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $731,427
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $622,807
   Related Organizations $0
   Government Grants $0
Total Contributions $1,354,234
   Program Service Revenue $0
Total Primary Revenue $1,354,234
   Other Revenue $87,920
TOTAL REVENUE $1,442,154
   
EXPENSES  
   Program Expenses $970,919
   Administrative Expenses $173,947
   Fundraising Expenses $281,762
TOTAL FUNCTIONAL EXPENSES $1,426,628
   
Payments to Affiliates $0
Excess (or Deficit) for the year $15,526
   
Net Assets $3,983,346

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 $970,919 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2015
  • September, 2014
  • September, 2013
  • September, 2012
  • September, 2011

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).

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Compensation % of Expenses Paid to Title
$139,615 9.78% Janice G. Stolar Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
ISEF Foundation (NY) 80.76 three stars
Virginia Foundation for Independent Colleges (VA) 86.36 three stars
The Foundation for Lee County Public Schools, Inc. (FL) 95.63 four stars
Palo Alto Partners in Education (CA) 91.24 four stars
West Point Association of Graduates (NY) 88.72 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

ISEF 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
Chairman

CEO

Nancy Wellins
Acting Executive Director

[ X ]

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