Overview

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Est.

1992

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) is a 501(c)(3) nonprofit focused on community and economic development and business promotion, primarily supporting interest-free and low-interest loans and financial education for individuals, families, businesses, and nonprofits in Israel through grants to the Ogen Group. In filing year 2024, it reported $24.7M in total revenue and a $124.7K operating budget; among its top funders were the Harry and Jeanette Weinberg Foundation ($3M, 2022), the Russell Berrie Foundation ($1.2M, 2024), and the Michael & Susan Dell Foundation ($1M, 2024).

Mission Statement

THE ORGANIZATION MAY ENGAGE IN ALL FORMS OF CHARITABLE ACTIVITY WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS PRIMARILY ENGAGED IN PROVIDING INTEREST-FREE AND LOW INTEREST LOANS AND FINANCIAL EDUCATION TO INDIVIDUALS, FAMILIES, BUSINESSES AND NON-PROFIT ORGANIZATIONS IN ISRAEL THROUGH GRANTS TO THE OGEN-THE ISRAEL FREE LOAN FUND, AND ITS SUBSIDIARIES, COLLECTIVELY THE "OGEN GROUP".
Revenues
$24.7M
Expenses
$24.6M
Net Income:
+$176.1K
Assets
$16.9M
Liabilities
$16.9M
Net Assets:
+$39K
Operating Budget
$124.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
36
Median grant size
$40K
Largest grant received
$1.5M
M
Michael Lustig
Board Member
R
Robert Gottesman
Board Member
B
Ben Jaffe
Board Member
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  • 57 funders
  • 12 board & team members
  • 8 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN)’s budget?
In 2024, AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) reported an annual operating budget of around $125 thousand. More detailed financial information is available to registered users.
What causes does AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) support?
AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) supports work in Community and economic development and Business promotion.
Where does AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) operate?
AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) is headquartered in UNIVERSITY HEIGHTS, OH.
Who funded AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) recently?
In 2025, AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) received grants from JEROME L STERN FAMILY FOUNDATION INC, LASKO FAMILY FOUNDATION, and LASKO FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) received in 2024?
The largest grant to AMERICAN FRIENDS OF OGEN, INC.(FORMERLY AMERICAN FRIENDS OF ISRAEL FREE LOAN) in 2024 exceeds $1.5 million.