As we start the Jewish New Year, I found it quite fortuitous that I ran across the following article and its implied message in the September 15th Haaretz paper.
Tag Archive for Israel Terminology
Can my Israeli Nonprofit have a Credit Card?
by NonProfitBanker • • 1 Comment
But, alas, in Israel the answer is no…kind of. Cryptic, but true. That is to say that in my experience as a banker, I have both ordered credit cards for charities that wanted them and canceled credit cards for charities that were told it was “illegal” to have them.
The New Jersey Scandal, Pt. 3: The IRS Expected Response
by NonProfitBanker • • 4 Comments
The arrests of 44 individuals 3 mayors, 5 respected community rabbis, a score of government officials, and others on Thursday of last week (July 23) should highlight the dangers of organizations donating to international causes; and I guarantee you, the I.R.S. is having similar thoughts.
The New Jersey Scandal, Pt. 2: The Israel Fallout
by NonProfitBanker • • 1 Comment
Even before the dust settles in the States, Israel and her charities will already start to feel the effects from last week’s scandal.
The New Jersey Scandal, Pt. 1: The Facts
by NonProfitBanker • • 0 Comments
Last week (July 23) in New Jersey, an undercover police operation revealed a rainbow of criminal dealings. The implications of the scandal vis-à-vis charities are too vast and far-reaching to be dealt with in one post. Over the next day or two I will address the pertinent issues. Questions and comments are welcome.
Israeli Study Finds that Foundations Are not Effective in Checking Nonprofits
by NonProfitBanker • • 0 Comments
An article was recently posted on Midot’s website highlighting a joint study done by Midot and Sheatufim. The study was presented at a Sheatufim conference on June 23, 2009.
Defining an Israeli Nonprofit Organization
by NonProfitBanker • • 7 Comments
For those individuals or corporations familiar with nonprofit organizations in the United States, any analysis of the status of an Israeli charity should begin with a comparison. This contrast will shed light on the many differences that exist in the two countries’ legislation and definition of a nonprofit organization.
Nonprofits' War of Independence
by NonProfitBanker • • 1 Comment
America has a long history of positive social change affected through the initiatives of private individuals and foundations. These nongovernmental institutions have been succesful because of their greatest weapon, independence. An article that was recently forwarded to me in The Commentary Magazine entitled, “The War on Philanthropy”, by David Billet, argues that this autonomy is under fire.
Understanding Credit in Israel, Pt 1: Types of Credit
by NonProfitBanker • • 0 Comments
It is logical to assume that if a bank wants to appeal to the nonprofit community then it has to understand the nonprofit organization’s way of thinking (that’s where I come in). The opposite should also be true. If a charitable institution wants to appeal to a bank then it must understand the bank’s way of thinking. This is especially the case when using or applying for credit from a bank.