The Zionist Organization of America’s president received a 38% raise in the years that the group failed to disclose its finances to the Internal Revenue Service, according to documents obtained by the Forward. The IRS revoked the tax-exempt status of the hawkish Israel advocacy group in February after the organization missed three consecutive years of…
The Zionist Organization of America’s tax-exempt status has been revoked after the group missed three consecutive years of filings to the Internal Revenue Service, the Forward has learned. The 115-year-old Zionist group has not been allowed to accept tax-deductible donations since February. Read new Forward story about questions over ZOA ZOA spokesman David Drimer, the…
Back in April, Stephen Colbert told his television audience about a new tax-exempt group he had created, one which “never has to disclose its donors, because it is a quasi-charitable organization called a 501(c)4.” As his own lawyer explained on the show, it’s a social welfare organization that is supposed to further public policy goals…
The Jewish innovation economy is booming. One study from 2010 claimed that about 600 new initiatives had been launched in the previous decade. These Jewish startups represent millions of dollars in investment on programs that reach thousands of American Jews. But despite this proliferation, another recent study, conducted by the organization Bikkurim, declared that “the…
Over the past year, with examples like the now moribund but once cutting-edge Jewish record company JDub on people’s minds, the Jewish community has spent significant time reflecting on how to make these types of innovative startups more sustainable. Funders, in particular, have tried to figure out how to transition them safely on to the…
Corporate boards, whether in the for-profit or nonprofit sector, are accountable to the communities for which and in which they operate. Boards serve numerous functions, including setting the overall mission of the organization; hiring, compensating and evaluating the performance of CEOs; ensuring adequate financial resources and oversight; recruiting new board members to replace retiring board…
The late Jerusalem Mayor Teddy Kollek looms large in the mind of just about every fundraiser for an Israeli organization. This is especially so for Neal Levy, who worked for Kollek two decades ago at the Jerusalem Foundation, the nonprofit founded by the mayor to improve the quality of life for residents of his city….
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