The Model
How Does It Work?
Financial Model Benefits
Bridging finance and social impact in Israel
Our expertise lies in bridging the financial world with the social impact sector, creating meaningful value for donors and for Israeli society.
Beyond the friendly solution, Keshet provides us with professional and personal service out of a sense of mission.
With an exit at the end of December, time was critical. Keshet allowed me to establish a fund in a matter of days, maximize tax benefits, and focus on social impact instead of bureaucracy. This is exactly the agility and efficiency we expect in the high-tech world.
Kesthet allowed us to optimally time the contribution around business success, and maximize the positive impact through learning, deepening, and multi-year planning.
Kesthet allowed us to optimally time the contribution around business success, and maximize the positive impact through learning, deepening, and multi-year planning.
FAQ - Frequently Asked Questions
What is a Private Fund (DAF)?
Thanks to Keshet’s DAF mechanism, the giving process in Israel becomes more accessible, efficient, and simple. Keshet’s innovative infrastructure enables complete separation between donation decision and timing of actual transfer, allowing deposit of funds designated for future donation and receiving immediate tax credit of up to 35% on full deposit amount.
What is the tax advantage in transferring donation through Keshet?
Through Keshet’s unique DAF mechanism, you can receive immediate tax credit of up to 35% on the full deposit amount while maintaining flexibility to plan donation timing according to your personal giving strategy.
What types of assets can be donated at Keshet?
- Cash – New shekels and foreign currencies accepted by Israeli banks
- Tradable stocks – with capital gains tax exemption
- Real estate – after appraisal and minimum value of NIS 1,000,000
- Collection items and art – at fund’s sole discretion
Can money be transferred from abroad?
Yes, Keshet enables you to transfer funds from the USA to your donation account through three options:
- P.E.F. Israel Endowment Funds, Inc.
- JFN – Jewish Funders Network (for donations of $10,000 and above)
- Transfer from DAF account in USA
Is there a minimum amount for opening account at Keshet?
Yes. The minimum amount for opening account is 100,000 NIS.
Will the grant be in my name or anonymous?
Keshet enables you to choose between making an anonymous grant and fully disclosing your role as donor. You can also designate your grant to be made on behalf of someone else, and to have it bear their name.
Are there cases where my grant recommendation won't be accepted?
Yes. Keshet is obligated by Israeli law to act in accordance with section 46A, regarding grants to organizations.
Donors cannot recommend a grant in the following cases:
- To specific individuals (or a grant to an organization established to benefit a specific individual in some way).
- To political parties or campaigns.
- To institutions or programs in which the account owner or beneficiaries will receive personal benefits, including salaries, tuition or other personal remuneration.
- To institutions that are connected with anti-democratic or terrorist activities, or that are suspected of criminal activity.
Is consultation provided (if needed) regarding donations or giving areas?
Absolutely. Keshet provides professional guidance and consultation as needed by expert team with deep familiarity with social sector and various giving areas.
What is the operational cost at Keshet?
Keshet charges graduated operational fees, no more than 1% of amount in donation account. Additionally, if you decide to manage donation funds as investment in investment house, management fees of 0.5% of amount will be charged. Therefore, maximum costs won’t exceed 1.5% of amount in donation account.
How do you Track account activity in donor portal?
n the donor portal, all account activity can easily be viewed and tracked – deposits, grants, and ROI.