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Charity Math
The 990 read · EIN 13-2992985 · NY · Fiscal year FY ending Jan 2025

Central Fund of Israel

Central Fund of Israel: CEO salary, finances and where donations go

In its own words

“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
Form 990 (FY ending Jan 2025), Parts I, VII, IX, X
01 · Red flags

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.

medium

No conflict-of-interest policy

No conflict-of-interest policy on $96,947,478 of revenue.

Form 990 Part VI, line 12a
low

No whistleblower policy

No whistleblower policy on $96,947,478 of revenue.

Form 990 Part VI, line 13
02 · Where $1 goes · FY ending Jan 2025

Of each dollar it spent, 99.7¢ went to programs, as reported.

The split the charity filed.
99.7¢
Programs, $88.3M
0.0¢
Fundraising, $0K
0.3¢
Admin, $228K
Form 990 (FY ending Jan 2025), Part IX, line 25
Cost to raise $1
0¢
as reported

For each dollar donated, Central Fund of Israel spent 0¢ on fundraising.

Fundraising ÷ $95.2M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 17.4% of program spending · $15.4M in grants $15.4M

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,…

Program 2 · 14.3% of program spending · $12.6M in grants $12.6M

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.

Program 3 · 3.7% of program spending · $3.3M in grants $3.3M

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.

Program 4 · 3.3% of program spending · $2.9M in grants $2.9M

Support of religious institutions:Provided grants that are primarily for the support, maintenance and construction of synagogues and other religous institutions and religious programs.

Program 5 · 1.8% of program spending · $1.6M in grants $1.6M

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

Form 990 (FY ending Jan 2025), Part III
04 · The savings

Net assets: $5.5M to $47.3M in 11 years.

Net assets at each fiscal year end, 2014 to 2025.

Net assets at year end, $ millions
6
8
8
10
13
16
22
26
26
26
39
47
Form 990 history via ProPublicaForm 990 (FY ending Jan 2025)
05 · Who gets paid

The highest-paid person.

Reportable pay in FY ending Jan 2025, from the charity and related organizations.

06 · Questions

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 VII

What 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 IX

How 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 X

Does 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)
07 · Sources and citing

Every number, traced.

  1. Central Fund of Israel Form 990, FY ending Jan 2025 (IRS e-file)
  2. Central Fund of Israel Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

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/