Difference between revisions of "Central Fund of Israel"

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In July 2010, the ''New York Times'' reported on the fund's role in funding Jewish settlements in the West Bank:
 
In July 2010, the ''New York Times'' reported on the fund's role in funding Jewish settlements in the West Bank:
 
::A prominent clearinghouse is the Central Fund of Israel, operated from the Marcus Brothers Textiles offices in the Manhattan garment district. Dozens of West Bank groups seem to view the fund as little more than a vehicle for channelling donations back to themselves, instructing their supporters that if they want a tax break, they must direct their contributions there first. The fund’s president, [[Hadassah Marcus]], acknowledged that it received many checks from donors “who want them to go to different programs in Israel,” but, she said, the fund retains ultimate discretion over the money. It also makes its own grants to needy Jewish families and monitors them, she said, adding that the fund, which collected $13 million in 2008, was audited and complies with I.R.S. rules.<ref>Jim Rutenburg, Mike McIntire and Ethan Bronner, [http://www.nytimes.com/2010/07/06/world/middleeast/06settle.html?pagewanted=all Tax-Exempt Funds Aid Settlements in West Bank], ''New York Times'', 5 July 2010.</ref>
 
::A prominent clearinghouse is the Central Fund of Israel, operated from the Marcus Brothers Textiles offices in the Manhattan garment district. Dozens of West Bank groups seem to view the fund as little more than a vehicle for channelling donations back to themselves, instructing their supporters that if they want a tax break, they must direct their contributions there first. The fund’s president, [[Hadassah Marcus]], acknowledged that it received many checks from donors “who want them to go to different programs in Israel,” but, she said, the fund retains ultimate discretion over the money. It also makes its own grants to needy Jewish families and monitors them, she said, adding that the fund, which collected $13 million in 2008, was audited and complies with I.R.S. rules.<ref>Jim Rutenburg, Mike McIntire and Ethan Bronner, [http://www.nytimes.com/2010/07/06/world/middleeast/06settle.html?pagewanted=all Tax-Exempt Funds Aid Settlements in West Bank], ''New York Times'', 5 July 2010.</ref>
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According to ''Haaretz'', the fund donates to the right-wing Israeli group [[Im Tirtzu]].<ref name="IDFlapse">Barak Ravid, [http://www.haaretz.com/print-edition/news/officials-israel-outsources-monitoring-of-palestinian-media-after-idf-lapse-1.410082 Officials: Israel outsources monitoring of Palestinian media after IDF lapse], ''Haaretz'', 31 January 2012.</ref>
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==Funding==
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*USD $25,000 from the [[Abstraction Fund]] in 2014. <ref> Abstraction Fund, 990 Form, 2014 </ref>
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*USD $35,000 from the [[Snider Foundation]] between 2012 and 2014.<ref> Snider Foundation, 990 Form, 2012-14 </ref>
  
 
==External Resources==
 
==External Resources==

Latest revision as of 11:47, 8 November 2016

The Central Fund of Israel is a US charity based in New York.[1]

In July 2010, the New York Times reported on the fund's role in funding Jewish settlements in the West Bank:

A prominent clearinghouse is the Central Fund of Israel, operated from the Marcus Brothers Textiles offices in the Manhattan garment district. Dozens of West Bank groups seem to view the fund as little more than a vehicle for channelling donations back to themselves, instructing their supporters that if they want a tax break, they must direct their contributions there first. The fund’s president, Hadassah Marcus, acknowledged that it received many checks from donors “who want them to go to different programs in Israel,” but, she said, the fund retains ultimate discretion over the money. It also makes its own grants to needy Jewish families and monitors them, she said, adding that the fund, which collected $13 million in 2008, was audited and complies with I.R.S. rules.[2]

According to Haaretz, the fund donates to the right-wing Israeli group Im Tirtzu.[3]

Funding

External Resources

Notes

  1. Central Fund of Israel, Charity Navigator, accessed 22 September 2010.
  2. Jim Rutenburg, Mike McIntire and Ethan Bronner, Tax-Exempt Funds Aid Settlements in West Bank, New York Times, 5 July 2010.
  3. Barak Ravid, Officials: Israel outsources monitoring of Palestinian media after IDF lapse, Haaretz, 31 January 2012.
  4. Abstraction Fund, 990 Form, 2014
  5. Snider Foundation, 990 Form, 2012-14