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Israel Global Initiative Fund Inc

EIN 83-4376340 · Chicago, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood82 out of 100GovernanceFair67 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ISRAEL GLOBAL INNOVATION FUND IS AN EDUCATIONAL ORGANIZATION COMMITTED AND DEDICATED TO INFORMING AND RAISING AWARENESS ABOUT ISRAEL'S UNIQUE ROLE IN THE MIDDLE EAST AND THE WORLD. WE ARE FOCUSED ON TELLING ISRAEL'S NARRATIVE AND HISTORY TO PEOPLE IN ORDER TO EDUCATE AND HELP SHARPEN THEIR PERSPECTIVE ON THE CONTRIBUTIONS ISRAEL HAS MADE TO MAKE THE WORLD A SAFER AND BETTER PLACE. WE ARE FURTHER COMMITTED TO UTILIZE OUR RESOURCES TO INFORM AND EDUCATE THE GENERAL PUBLIC AND WORLD LEADERS REGARDING THE CONTRIBUTIONS THAT ISRAEL HAS MADE TO THE WORLD AT LARGE IN THE ADVANCEMENT OF SCIENCE, TECHNOLOGY, MEDICINE, HEALTHCARE, DISASTER RELIEF, AND OTHERWISE AS A LIGHT UNTO THE NATIONS IN THE MANNER IN WHICH IT HAS CONDUCTED ITSELF IN DEFENDING ITS RIGHT TO EXIST AS A JEWISH STATE.

Income
$355,290
Spending
$376,888
Spent on programs
94%
Reserves
9.9 months of spending
Largest source of income
donations and private grants, 99%
Employees
0
Volunteers
0

Source: Form 990 for the year ending March 15, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 82 out of 100. Higher than 58% of charities in its peer group (international, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 9.9 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    15 of 15

    Income rose 119% on the year before.

  • Spending floor

    15 of 15

    94% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending March 15, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 67 out of 100. Higher than 45% of charities in its peer group (international, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 15, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $354,822 spent. ISRAEL GLOBAL INNOVATION FUND IS DEDICATED TO SUPPORT COMMUNITIES IN NEED WITH TECHNOLOGY, INNOVATIONS AND EXPERTISE. IN DEVELOPING COUNTRIES THERE ARE MANY CHALLENGES AND A SIGNIFICANT NEED FOR TECHNOLOGICAL INNOVATION IN THE BASIC AREAS OF INFRASTRUCTURE, CLEAN WATER, HEALTH SERVICES, AND AGRICULTURAL. THE INNOVATIVE AND ENTREPRENEURIAL SPIRT OF ISRAELIS HAS IMPACTED THE WORLD LIKE NO OTHER COUNTRY AND HAS LED TO INCREDIBLE PRODUCTS AND SOLUTIONS IN THE MODERN ERA THAT HAS MADE THE WORLD A BETTER MORE ADVANCED SOCIETY. OUR FOCUS ON PROVIDING THE BEST CUTTING-EDGE ISRAELI INNOVATION WILL ALLOW THE CITIZENS OF THE DEVELOPING ECONOMIES TO HAVE ACCESS TO THE BEST SERVICES POSSIBLE.

Source: Form 990 for the year ending March 15, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.