Keshet redefines philanthropy in Israel
Thanks to an outstanding professional team, a wealth of experience with the third sector and tax law changes (Donor-Advised Funds (DAF)) only recently introduced in Israel, we offer donors an effective, accessible vehicle for long-term giving and social investment: the same resources, with far greater influence.
We’re happy to introduce smart philanthropy.
Keshet redefines philanthropy in Israel
Thanks to an outstanding professional team, a wealth of experience with the third sector and tax law changes (Donor-Advised Funds (DAF)) only recently introduced in Israel, we offer donors an effective, accessible vehicle for long-term giving and social investment: the same resources, with far greater influence.
Donor-advised funds are a tax-incentive-based philanthropic vehicle, which Keshet has “imported” to Israel. Intensive use has been made of DAF in countries where smart philanthropy is encouraged. Besides the tax advantage, DAF allow for a separation between the decision on the amount of the donation, and the decision on its destination and the date on which it is transferred.
Third sector organizations guarantee the strength and resilience of Israeli society. Their activity serves as an insurance policy, so to speak, for the Israeli public, and in the past few decades the third sector has become a leading force in preserving justice, mutual responsibility, ethics and diversity in Israel. Although these organizations are engaged in public benefit activities, they are all based on private support provided by individuals and corporations willing to allocate funds to the furtherance of causes and values they believe in.
The tradition of giving and charity that is typical of Israeli society has led to the emergence of local philanthropy, but it is still in the stages of growth and professionalization. We are here to make sure that donations reach the right place, that giving is translated into significant influence on the ground, and that funds are managed by an organisation that is experienced, trustworthy, efficient and effective.
1.
The donor makes an irrevocable contribution of personal assets (cash, stock, real estate, etc.)
2.
The donor receives the maximum tax benefit allowed by the tax authorities in Israel on the entire sum deposited, in the year the contribution was made
3.
The donor decides on decision-makers, beneficiaries and advisors to the DAF, as well as recommendations for grants at present and in the future
4.
The donation funds are managed by investment houses according to approved criteria, and returns are fully tax exempt
The information found in this website should not be construed as tax or legal advice. Keshet recommends that account holders consult with qualified tax advisors and legal counsel, with expertise in the country from which the assets are being contributed.
The information found in this website should not be construed as tax or legal advice. Keshet recommends that account holders consult with qualified tax advisors and legal counsel, with expertise in the country from which the assets are being contributed.
In a year when income is high long-term donations can be allocated, utilizing an immediate tax benefit on the entire amount
Low setup and management costs, professional service and continuous personal attention
Investment profits are fully tax exempt, so the investment principal keeps on growing
The optimal vehicle for translating donations into meaningful social impact.
Making informed donation decisions free of time pressure
An accessible, efficient, reliable and simple vehicle that has proved itself worldwide
Optimal establishment of intergenerational giving, ensuring continuity of the family’s philanthropic legacy
Keshet Donor Advised Fund
Shfayim Center (2nd floor)
P.O.B 376
Shfayim 6099000
Phone: +972-9-9533895
Member organizations: