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American Friends of Koret Israel Economic Development Funds

American Friends of Koret Israel Economic Development Funds

San Francisco, CA 94111
Tax ID94-3201147

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About this organization

Revenue

$17,882

Expenses

$348,407

Mission

To facilitate access to funding for capital & ops, primarily thru KIEDF, to qualifying enterprises in order to foster economic development & employment in Israel.

About

Grants to Koret Israel Economic Development Funds to support loan guarantee programs in Israel and other administrative and related expenses in the U.S.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “To facilitate access to funding for capital and operations, primarily through koret israel economic development funds (kiedf), to qualifying enterprises in order to foster economic development and employment in israel.”.

When explaining its purpose, the activities were described as: “To facilitate access to funding for capital & ops, primarily thru kiedf, to qualifying enterprises in order to foster economic development & employment in israel.”.

  • The non-profit is legally allowed to operate in the state of CA, as reported.
  • The filing provides the non-profit's address in 2020 as 611 FRONT STREET, SAN FRANCISCO, CA, 94111.
  • The non-profit has a total of 0 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is -$330,525.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 3 independent voting members.
  • The organization was formed in 1994.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $12,946 in salary, compensation, and benefits to its employees.
  • The organization pays $4,500 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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