Executive Compensation at the Jewish Agency for Israel (2021)

The Jewish Agency for Israel is a tax-exempt, non-profit organization based in Jerusalem, Israel the receives primary funding from 2 US-based tax-exempt non-profit organizations:  Jewish Federations of North America and the United Israel Appeal.  In the most simplistic terms, the Jewish Agency for Israel receives funds from non-profits in the US and then distributes a large portion of those funds in Israel and saves the rest (they have nearly $1 billion in net assets).

In 2021, the Jewish Agency for Israel reported total revenue of $777 million, of which $485 million was a decrease in pension fund liability so the actual revenue that came in in 2021 was $292 million, which primarily came from contributions/gifts/grants.

Expenses totaled $257 million with the largest expense reported to be compensation ($90 million) followed by various programs:  Aliyah ($59 million), Connecting World Jewry ($42 million), and Israel Society ($24 million), and other expenses (no detail provided) of $42 million.

1351 employees received $90 million in compensation which equates to an average compensation of $67,000.  14 employees received more than $100,000 in compensation with the most highly compensated reported to be:

• $395,144:  Daniel Elbaum, CEO – JAID
• $375,676:  Lara Bashkoff, VP Marketing
• $329,076:  Moshe Ashirie, CFO
• $278,865:  Josh Schwarcz, Secretary General
• $275,652:  Amira Ahronoviz, CEO
• $254,590:  Yaakov Hagoel, Member of the Executive *
• $251,895:  Moshe Shiff, VP, HR
• $231,511:  Hanan Mor, Director of Telecommunications
• $229,102:  Gael Grunewald, Member of the Executive*
• $225,199:  Marina Rozenberg Koritny, Board of Governors Member*
• $223,919:  Gustin Yehooshua Braverman, Board of Governors Member *
• $222,378:  Silvio Joskowicz, Board of Governors Member*
• $222,041:  Hess Yizhar, Board of Governors Member*
• $221,798:  Baratz-Rix Raheli, Board of Governors Member*
• $221,786:  Ovidia Yifat, Board of Governors Member*
• $211,759:  Daniel Precel, Marketing Director
• $203,795:  Steven Stav, Comptroller
• $184,667:  Yaron Shavit, Deputy Chairman of the Executive
• $175,407:  Isaac Herzog, Chairman of the Executive
• $173,819:  Yehuda Setton, COO
• $167,693:  Danyelle Neumann, Managing Director, FRD

A “*” indicates compensation was from an affiliated/related organization.

5 independent contractors received more than $100,000 in compensation:

• $240,792:  KPMG – Somekh Haikin, of Jerusalem, Israel for auditing and other services
• $175,500:  Hadass Tesher, of Tel Aviv, Israel for consulting services
• $154,259:  Vidco – Moshe Adiri, of Bet Shemesh, Israel for telecommunications
• $153,398:  Nadav Cohen, of Reovot, Israel for educational activities
• $107,474:  Ran Butbul, of Tel Aviv, Israel for management consulting

To read the IRS Form 990 (20211), click here.