Skip to content
Nonprofiteer
← TAMID ISRAEL INVESTMENT GROUP LTD

Form 990 for tax year 2024

Filed by TAMID ISRAEL INVESTMENT GROUP LTD.

Totals

Total revenue
$5,981,046
Total expenses
$4,490,608
Contributions and grants received
$5,248,621
Grants paid
$0
Program service revenue
$293,623
Investment income
$413,048
Other revenue
$25,754
Total assets, end of year
$3,677,863
Total liabilities, end of year
$1,060,255
Net assets or fund balances, end of year
$2,617,608
Program services expenses (Part IX)
$3,266,995
Management and general expenses
$458,091
Fundraising expenses
$765,522
Program service expenses (Part III)
$3,266,995

Program services were 72.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,248,621

  • 2a · Program service revenue: PROGRAM FEES

    total $293,623 · related or exempt $293,623

  • 3 · Investment income

    total $60,557 · excluded $60,557

  • 7a · Gross sales of assets other than inventory

    securities $428,012

  • 7b · Less cost or other basis and sales expenses

    securities $75,521

  • 7c · Gain or loss

    securities $352,491

  • 7d · Net gain or loss

    total $352,491 · excluded $352,491

  • 11a · Other revenue: FOREIGN EXCHANGE GAIN

    total $15,952 · excluded $15,952

  • 11b · Other revenue: MISCELLANEOUS

    total $9,802 · excluded $9,802

  • 11e · Other revenue, total

    $25,754

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $749,683 · program services $406,255 · management and general $56,617 · fundraising $286,811

  • 7 · Other salaries and wages

    total $825,278 · program services $457,391 · management and general $53,225 · fundraising $314,662

  • 8 · Pension plan contributions

    total $7,084 · program services $4,042 · management and general $475 · fundraising $2,567

  • 9 · Other employee benefits

    total $158,865 · program services $101,713 · management and general $2,682 · fundraising $54,470

  • 10 · Payroll taxes

    total $114,810 · program services $65,504 · management and general $7,703 · fundraising $41,603

  • 11b · Fees: legal

    total $3,574 · program services $3,241 · management and general $333

  • 11c · Fees: accounting

    total $88,438 · management and general $88,438

  • 11f · Fees: investment management

    total $213 · management and general $213

  • 11g · Fees: other

    total $1,472,091 · program services $1,374,976 · management and general $80,870 · fundraising $16,245

  • 12 · Advertising and promotion

    total $16,177 · program services $12,326 · management and general $752 · fundraising $3,099

  • 13 · Office expenses

    total $52,336 · program services $35,980 · management and general $12,930 · fundraising $3,426

  • 14 · Information technology

    total $157,405 · program services $70,079 · management and general $79,836 · fundraising $7,490

  • 16 · Occupancy

    total $6,116 · management and general $6,116

  • 17 · Travel

    total $613,877 · program services $572,464 · management and general $10,174 · fundraising $31,239

  • 19 · Conferences, conventions and meetings

    total $164,216 · program services $151,751 · management and general $11,116 · fundraising $1,349

  • 23 · Insurance

    total $21,288 · program services $1,098 · management and general $20,190

  • 24a · Other expenses: MERCHANT FEES

    total $25,044 · program services $149 · management and general $22,621 · fundraising $2,274

  • 24b · Other expenses: HONORARIA AND STIPENDS

    total $6,897 · program services $6,753 · management and general $144

  • 24c · Other expenses: EDUCATIONAL MATERIALS

    total $2,807 · program services $50 · management and general $2,570 · fundraising $187

  • 24d · Other expenses: OTHER EXPENSES

    total $1,933 · program services $1,545 · management and general $288 · fundraising $100

  • 24e · All other expenses

    total $2,476 · program services $1,678 · management and general $798

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $355,312 · end of year $712,246

  • 2 · Savings and temporary cash investments

    beginning of year $1,018,749 · end of year $1,929,066

  • 3 · Pledges and grants receivable

    beginning of year $266,020 · end of year $322,120

  • 4 · Accounts receivable

    beginning of year $294,498 · end of year $446,778

  • 9 · Prepaid expenses and deferred charges

    beginning of year $95,568 · end of year $138,009

  • 11 · Investments: publicly traded securities

    beginning of year $108,465 · end of year $129,644

  • 17 · Accounts payable and accrued expenses

    beginning of year $408,933 · end of year $810,255

  • 25 · Other liabilities

    beginning of year $275,249 · end of year $250,000

  • 27 · Net assets without donor restrictions

    beginning of year $1,178,281 · end of year $2,040,888

  • 28 · Net assets with donor restrictions

    beginning of year $276,149 · end of year $576,720

Mission and programs · 2024

Mission

TAMID GROUP FACILITATES EXPERIENTIAL EDUCATION AND CULTIVATES RELATIONSHIPS TO CREATE A STRONG, LASTING CONNECTION TO ISRAEL FOR EMERGING PROFESSIONALS.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • FELLOWSHIP: A SUMMER INTERNSHIP AND IMMERSION EXPERIENCE IN ISRAEL FOR TAMID STUDENTS.

    Expenses $1,465,151 · Revenue $268,028

  • CAMPUS: TAMID CHAPTERS OFFER ISRAEL-FOCUSED BUSINESS EDUCATION, CONSULTING PROJECTS, AND INVESTMENT RESEARCH PROJECTS FOR COLLEGE STUDENTS.

    Expenses $716,082 · Revenue $4,310

  • COMPANY RELATIONS: BUILDING A COMMUNITY OF ISRAELI COMPANIES THAT PROVIDE EXPERIENTIAL LEARNING OPPORTUNITIES TO STUDENTS.

    Expenses $485,897

  • ALUMNI: PROGRAMS FOR POST-COLLEGE TAMID MEMBERS TO LEARN ABOUT ISRAEL AND DEVELOP AS BUSINESS LEADERS.

    Expenses $369,860 · Revenue $11,910

  • CONFERENCE: TAMID GROUP HAS AN ANNUAL GATHERING OF TAMID STUDENTS FROM THE AROUND THE WORLD, FEATURING TWO DAYS OF INTENSIVE LEARNING.

    Expenses $230,005 · Revenue $9,375

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Max Heller

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Diana Tapper

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Emily Sharko

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Perry Steiner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Charles Ribakoff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jacob Ner-David

    DIRECTOR UNTIL 12/2024

    Total calculated
    $0
    Hours/week
    2

  • Jeremy Lustman

    DIRECTOR FROM 12/2024

    Total calculated
    $0
    Hours/week
    2

  • David Wagonfield

    DIRECTOR FROM 06/2025

    Total calculated
    $0
    Hours/week
    2

  • Miles Kuhn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Shawna Sliwowicz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jonah Heilman

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $231,476
    From this org
    $187,309
    From related orgs
    $0
    Other
    $44,167
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,309
    Bonus
    $0
    Other
    $0
    Deferred
    $12,175
    Nontaxable benefits
    $31,992
    Filer's total
    $231,476

  • Nathan Gilson

    COO (ACTING CEO, SEPT 2024-DEC 2024)

    Total calculated
    $190,345
    From this org
    $169,687
    From related orgs
    $0
    Other
    $20,658
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,687
    Bonus
    $15,000
    Other
    $0
    Deferred
    $8,536
    Nontaxable benefits
    $12,122
    Filer's total
    $190,345

  • Rachel Philipson

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $192,804
    From this org
    $170,942
    From related orgs
    $0
    Other
    $21,862
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,942
    Bonus
    $30,000
    Other
    $0
    Deferred
    $8,448
    Nontaxable benefits
    $13,414
    Filer's total
    $192,804

  • Alec Deer

    SR. DIRECTOR OF STRATEGIC GIFTS

    Total calculated
    $143,385
    From this org
    $124,083
    From related orgs
    $0
    Other
    $19,302
    Hours/week
    40

  • Cara Behneman

    CHIEF PROGRAM OFFICER, CAMPUS

    Total calculated
    $122,424
    From this org
    $107,667
    From related orgs
    $0
    Other
    $14,757
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Payments for business use of a personal residence
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
USA-BASED EMPLOYEES MAY RECEIVE A $175/MONTH FITNESS AND WORK FROM HOME STIPEND, WHICH IS ADDED TO THEIR TAXABLE INCOME. ALL INDIVIDUALS LISTED IN PART VII, SECTION A, RECEIVED THIS BENEFIT.
PART I, LINE 7
THE DEVELOPMENT TEAM'S BONUSES ARE CONTINGENT ON ACHIEVING CERTAIN GOALS FOR DEVELOPMENT-DRIVEN REVENUE. THESE EMPLOYEES REPORTED IN PART VII, SECTION A, RECEIVED BONUSES RELATED TO ACHIEVEMENT OF DEVELOPMENT DEPARTMENT REVENUES: RACHEL PHILIPSON - $30,000 NATHAN GILSON - $15,000 ALEC DEER - $20,000 CARA BEHNEMAN - $3,000

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
8 July 2026
IRS schema version
2024v5.5
Source object
202601899349300620

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.