The June 26th Conference Organized by Guidestar Israel -- a collaborative project of the Justice Department, Registrar of Corporations, Guidestar International, NP Tech, Joint Distribution Committee (JDC), and Yad Hanadiv (a.k.a. The Rothchild Foundation) -- was June’s best prediction for "The Tomorrow of Jewish Philanthropy." In the global nonprofit sector there is much talk of...Read more »
After years of rumors, here-say, and unwritten code that outlawed the use of credit cards by Israeli nonprofit organizations, the newest version of the Nihul Takin from Israel's Rasham Ha’amutot clearly permits the use of credit cards by Israeli charities...kind of. Unfortunately, vague unwritten guidelines have now been...Read more »
Zavit Shalosh relates that the Rasham Ha'amutot released an updated version of the Nihul Takin on the Rasham's website. Furthermore, the Rasham has invited all interested parties to email comments until September 30th.Read more »
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.Read more »
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.Read more »
