Totals
- Total revenue
- $109,179,379
- Total expenses
- $96,119,535
- Contributions and grants received
- $107,054,323
- Grants paid
- $95,979,162
- Program service revenue
- $0
- Investment income
- $2,114,560
- Other revenue
- $10,496
- Total assets, end of year
- $39,023,950
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $39,023,950
- Program services expenses (Part IX)
- $95,979,162
- Management and general expenses
- $140,373
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $95,979,162
Program services were 99.9% 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
$107,054,323
-
1g · Noncash contributions included above
$333,037
-
3 · Investment income
total $2,114,560 · excluded $2,114,560
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Adjustment From Unpaid Loans
total $10,496 · excluded $10,496
-
11e · Other revenue, total
$10,496
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,135,614 · program services $3,135,614
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $92,843,548 · program services $92,843,548
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $115,000 · management and general $115,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $18,280 · management and general $18,280
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $2,312 · management and general $2,312
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $3,331 · management and general $3,331
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Bank fees
total $1,450 · management and general $1,450
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,352,486 · end of year $2,208,315
-
2 · Savings and temporary cash investments
beginning of year $10,276,140 · end of year $24,761,265
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $35,365 · end of year $7,300
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $9,481,984 · end of year $12,047,070
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $26,145,976 · end of year $39,023,950
Mission and programs · 2023
Mission
Established in 1979 as a volunteer charity with the motto what you give is what you get, CFI was designed by its founders, Arthur and Hadassah Marcus, to enable one hundred percent of donations to reach charities in Israel. Over the years, CFI has received the Jerusalem Prize for volunteerism, accolades from the Chief Rabbinate, an award from PM Menachem Begin and accolades from hundreds of charities in Israel. We do not solicit or advertise. By word of mouth alone we have grown into a significant charitable force in Israel. Aiding over 400 charities and institutions each year we help the nation of Israel to thrive.
Activities or mission (Part I)
Promoting Charitable Activities in Israel
-
Community projects:The organization undertakes community projects which benefit the welfare of the citizens and the land of Israel. During this past year we witnessed another significant increase in Anti-Semitism in all its forms. The threats to the nation of Israel, the land of Israel, the people of Israel and the supporters of Israel all around the world continues to rise daily. All media, but particularly social media continues to see an explosion of classical Anti-Semitism and many new modern forms of hatred. Voices of demonstrations, boycotts, divestment, and even total destruction of the state and its people are heard in classrooms, university campuses, newspapers, parliments all over the world and i'm sorry to say even in the halls of congress of our majestic country. The enemies of the Jewish nation constantly search for new ways to harm us. There are many who have not given up on their dream to destroy us physically. The venom heard throughout is reminiscent of the 1930's and its disastrous consequences to humanity. CFI continues supporting those charities which are combating Anti-Semitism, the BDS movement and threats of annihilation of the Jewish people.Our community projects are meant to increase public awareness to the realities of Anti-Semitism and combat it wherever it is found; whether through use of the legal system or social media. We need to educate the world of the evil affects of Anti-Semitism. Not even 100 years removed from the Holocaust, we see history repeating itself. Our grants also go to assist in the construcion and maintenance of community facilities throughout Israel.
Expenses $40,937,381 · Grants $40,937,381
-
Social services, humanitarian aid, aid to the poor:Helping those in need is at the core of the organization. Charity means helping those in need whether it be in education, building structures, security or medicine. Our humanitarian aid is targeted to those people in need, whether it be monetary, physical or emotional. This category includes aid to food kitchens, children at risk, aid to terror victims and their families, aid to refugees and new immigrants, special education, after school programs, womens health programs etc.Due to the war which insued after Israel was attacjed on oct 7th the need for these social services increased by over $10 million as the refugee needs were so great
Expenses $36,663,125 · Grants $36,663,125
-
Support of educational programs and institutions: As in the past, there is a great overlap of humanitarian services as many educational programs service the humanitarian aspects of education as in scholarships and special education. There is also an overlap with community projects as there is a constant need to expand existing, and build new schools as the population increases.This category also increased by 75% due to the war as all the educational institutions around the country were on war footing to aid in the displacement of tens of thousands of refugees who needed to continue their educations in new areas
Expenses $12,317,433 · Grants $12,317,433
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jay Marcus
President
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jeff Most
Treasurer
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Linda Kalish Marcus
Secretary
- Total calculated
- $0
- Hours/week
- 18
-
Mitchell Eichen
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Michael Fischberger
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Yehuda Marcus
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Jacob Weichholz
Director
- Total calculated
- $0
- Hours/week
- 0.1
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.
Grants on this return
-
$2,411,000
-
AFINS
$300,000
-
$200,000
-
AFO Mishmeret Yisrael
$138,000
-
$50,000
-
IWA Intl
$10,514
-
American Friends of Unit 699
$10,000
-
Faces of America
$7,700
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443379349300134
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