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 attacked on Oct 7th,…
Central Fund of Israel
Central Fund of Israel: CEO salary, finances and where donations go
“Promoting Charitable Activities in Israel…”
Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.
Methodology by Amir Arani, CPA, CA · Updated
- Top pay
- $120K Jay Marcus, 0.1% of spending
- Revenue
- $96.9M 98.2% from donations and grants
- Spent
- $88.6M 99.7% on programs, as reported
- Net assets
- $47.3M end of FY ending Jan 2025
- Savings
- 6.4 months of spending, net assets ÷ spending
2 things to look at.
We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.
No conflict-of-interest policy
No conflict-of-interest policy on $96,947,478 of revenue.
Form 990 Part VI, line 12aNo whistleblower policy
No whistleblower policy on $96,947,478 of revenue.
Form 990 Part VI, line 13Of each dollar it spent, 99.7¢ went to programs, as reported.
For each dollar donated, Central Fund of Israel spent 0¢ on fundraising.
Fundraising ÷ $95.2M contributions · Form 990 Parts VIII, IXWhat it told the IRS it spent on.
The charity's own description of its largest programs, with what each cost.
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 witnessed a large increase last year due to the war and this year has maintained that increased need.
Security ProgramsSecurity is built into every aspect of Israeli society. All programs whether they be communal, educational or religious, have security concerns as an integral part of their being. The programs included in this category refer specifically to programs involved in security.
Support of religious institutions:Provided grants that are primarily for the support, maintenance and construction of synagogues and other religous institutions and religious programs.
Medical ServicesMedical services are a large part of community and humanitarian programs due to the war . Listed in this category would be only services who specifically deal with medical issues and maintenance and construction of medical facilities
Net assets: $5.5M to $47.3M in 11 years.
Net assets at each fiscal year end, 2014 to 2025.
The highest-paid person.
Reportable pay in FY ending Jan 2025, from the charity and related organizations.
The questions people ask about the Central Fund of Israel.
Short, sourced answers. Each one stands on its own.
How much does the Central Fund of Israel CEO make?
Jay Marcus, President, received $120,000 in reportable compensation in FY ending Jan 2025, 0.1% of Central Fund of Israel's $88.6M in spending.
Form 990 (FY ending Jan 2025), Part VIIWhat percentage of Central Fund of Israel donations go to programs?
Central Fund of Israel reported 99.7% of FY ending Jan 2025 spending as programs, 0% as fundraising and 0.3% as management.
Form 990 (FY ending Jan 2025), Part IXHow much money does Central Fund of Israel have?
Net assets were $47.3M at the end of FY ending Jan 2025, about 6.4 months of spending.
Form 990 (FY ending Jan 2025), Part XDoes Central Fund of Israel have any red flags in its filing?
Its latest Form 990 triggered 2 of our twelve screening rules: no conflict-of-interest policy; no whistleblower policy. A flag is a prompt for a closer look, not a finding of wrongdoing.
Form 990 (FY ending Jan 2025)Every number, traced.
- Central Fund of Israel Form 990, FY ending Jan 2025 (IRS e-file)
- Central Fund of Israel Form 990 history (ProPublica Nonprofit Explorer)
Amir Arani, “Central Fund of Israel: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/central-fund-of-israel/