Transparency, or Lack of, in Israel

Transparency in Israeli philanthropy continues to be a big deal in the press as a result of the recent JFN Conference. According to the Forward:

“The Israeli government does not demand the same level of financial reporting of nonprofits as does the United States, and it does not publicly release the financial reports that it does receive, as has become increasingly common in the United States and Great Britain with services like the Web site GuideStar. The result is that transparency and public oversight are often lacking.”

A must read article: As Ranks of Israeli Wealthy Swell, Philanthropic Sector Plays Catch-Up

image source: The Reut Institute

We apologize to the JNF; this was originally posted as the recent JNF Conference; it was the recent JFN Conference that has elicited the various articles.