Israel Foundations Trustees in Israel, (international)

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Israel Foundations Trustees
Employer Identification Number (EIN)986000914
Name of OrganizationIsrael Foundations Trustees
AddressTel Aviv, Israel
ActivitiesScientific research (diseases), Contact or sponsored scientific research for industry, Other school related activities
SubsectionCharitable Organization, Educational Organization, Scientific Organization
Ruling Date04/1964
DeductibilityContributions are not deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$5,000,000 to $9,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$6,022,900
Amount of Income$602,208
Form 990 Revenue Amount$20,099
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: Fund Raising and/or Fund Distribution


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Amount of income in 2011: $602,208 (it was $1,264,812 in 2010)
This organization: 

 $602,208
Other organizations performing similar types of work: 

 $213,501

Assets in 2011: $6,022,900 (it was $6,805,058 in 2010)
This organization: 

 $6,022,900
Other organizations performing similar types of work: 

 $74,611

Expenses in 2011: $673,222
This organization: 

 $673,222
Other organizations performing similar types of work: 

 $222,240

Income to expenses ratio in 2011: 0.9
Israel Foundations Trustees: 

 0.9
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2011: 538.6%
Israel Foundations Trustees: 

 538.6%
Other organizations performing similar types of work: 

 99.2%

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$20,099
Contributions, Gifts, Grants and Other Similar Amounts$108,255
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$245,493
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-333,649
Gross amount from sales of assets other than inventory (Securities / Other)$248,460 / $0
Less: cost or other basis and sales expenses (Securities / Other)$582,109 / $0
Gain or (loss) (Securities / Other)$-333,649 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$673,222
Compensation of current officers, directors, trustees, and key employees$41,636
Other salaries and wages$64,298
Payroll taxes$4,708
Professional fundraising services$0
Other$562,580
Balance Sheet (for 2011)
Total assets$6,022,900
Total liabilities$498,818
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$498,818
Total net assets or fund balances$5,524,082
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$1,818,675
Gifts, grants, contributions, and membership fees received$675,535
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,143,140
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1United Way International701 N Fairfax St, Alexandria, VA 22314-2058VA1975-01$29,192,400
2Virginia Gildersleeve International6540 Wiscasset Rd, Bethesda, MD 20816-2113MD1969-12$6,087,738
3Yeshivas Chasidei Belz-Belz Institutions In IsraelInstitutions In Israel, Brooklyn, NY 11219NY1959-01$3,458,821
4Israel Center For Excellence Through Education9s753 Circle Ave, Willowbrook, IL 60527-6100IL2010-12$2,335,329
5Worldwide Foundation For Credit Unions IncPO BOX 2982, Madison, WI 53701-2982WI1966-07$2,098,509
6Tasis Foundation Inc112 S Royal St, Alexandria, VA 22314-3328VA1968-09$2,022,708
7Womens League For Israel Inc325 N End Ave Apt 7r, New York, NY 10282-0002NY1944-09$1,699,963
8Sustainable Sciences Institute870 Market St, San Francisco, CA 94102-3001CA1999-01$1,433,860
9American Friends Of Yeshivas Tiferes Yisroel436 Greenwich St, Bergenfield, NJ 07621-3606NJ2010-06$1,282,883
10Fund For Israels TomorrowOne Us Bank Plaza, St Louis, MO 63101MO2010-05$1,265,373
11University Of Cape Town Fund Inc51 West 52nd Street, New York, NY 10019-6119NY1984-05$1,231,086
12South Africa Development Fund Inc555 Amory St, Jamaica Plain, MA 02130-2652MA1987-12$965,202
13Sharing FoundationPO BOX 600, Concord, MA 01742-0600MA1998-07$935,307
14Eternal Charitable Foundation6283 Dean Martin Dr Ste B, Las Vegas, NV 89118-3841NV2009-03$921,813
15American Friends Of Maagalim IncC/O David Lubin 10 Union Ave, Lynbrook, NY 11563NY2011-09$863,930
16United Institutions Of Karlin Stolin Jerusalem Inc, Friends Of Jerusalem Acad For GirlsC/O 1436 42 Street, Brooklyn, NY 11219NY1980-04$804,399
17The Armenian American Medical Philanthropic Fund Inc160 Waters Edge, Congers, NY 10920-2622NY1954-04$791,716
18Israel Foundations TrusteesTel Aviv, Israelinternational1964-04$602,208
19Shin Shin Educational Foundation433 California St Ste 810, San Francisco, CA 94104-2012CA2000-03$484,639
20Irish Americas Cup Inc, Lincoln House Lincoln PlaceEnniskerry County Wicklow, Irelandinternational1992-08$102,014
Number of organizations performing similar types of work
Alaska1
Alabama1
Arkansas1
Arizona4
California40
Colorado3
Connecticut3
District of Columbia15
Delaware4
Florida11
Georgia7
Illinois15
Indiana3
Kansas3
Massachusetts13
Maryland12
Michigan11
Minnesota1
Missouri2
Montana1
North Carolina1
Nebraska1
New Jersey20
Nevada3
New York91
Ohio2
Oklahoma2
Oregon1
Pennsylvania10
Rhode Island2
South Carolina2
Tennessee3
Texas14
Virginia17
Vermont1
Washington4
Wisconsin4
Wyoming1
International2
Total332

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