One Family Fund's Form 990 has flagged conflict-of-interest transactions on Schedule L in seven of the past eight fiscal years. Here's where the $5.5 million the charity raised in FY2024 for Israeli terror victims goes, and what its Executive Director earns.
One Family Fund reported $5,536,671 in total revenue and $5,340,145 in total expenses for fiscal year 2024, leaving net assets of $2,534,413. The charity's Form 990 has flagged reportable conflict-of-interest transactions on Schedule L in at least seven of the past eight fiscal years — a recurring disclosure, not a one-time flag — involving business or financial dealings with officers, key employees, or their family members.
What Is One Family Fund?
One Family Fund (EIN 11-3585917), also known as OneFamily, is a 501(c)(3) nonprofit tax-exempt since August 2001, headquartered in Teaneck, New Jersey, with its operating arm based in Jerusalem. It provides emergency financial aid, legal assistance, and emotional and rehabilitative support to Israeli victims of terror attacks and their families.
The organization was founded in 2001 by Marc and Chantal Belzberg after the Sbarro restaurant suicide bombing in Jerusalem, which killed 15 people. According to Wikipedia and multiple news accounts, the Belzbergs' then-12-year-old daughter Michal canceled her bat mitzvah celebration and asked that gift money instead go to victims of the attack, which grew into the charity. Marc Belzberg serves as Chair; Chantal Belzberg is a board member and volunteer executive director of the Israel office.
One Family Fund at a Glance — FY2024 Form 990
| Metric | FY2024 |
|---|---|
| Total Revenue | $5,536,671 |
| Total Expenses | $5,340,145 |
| Net Income | $196,526 |
| Total Assets | $2,579,211 |
| Total Liabilities | $44,798 |
| Net Assets | $2,534,413 |
| Executive Compensation | $144,180 (2.7% of expenses) |
| EIN | 11-3585917 |
Source: One Family Fund, Form 990 for fiscal year ended December 31, 2024, filed May 5, 2025. Read the full filing history on ProPublica's Nonprofit Explorer.
Where Does the Money Come From?
| Revenue Source | FY2024 | Share |
|---|---|---|
| Contributions | $5,527,810 | 99.8% |
| Investment Income | $2,861 | 0.1% |
| Rental Property Income | $6,000 | 0.1% |
Revenue has been volatile year to year: from $6,784,719 in fiscal year 2023 down to $5,536,671 in fiscal year 2024, following a spike to $6.78 million in 2023 amid post-October 7 emergency giving, up sharply from $2,350,150 in fiscal year 2022 and just $1,959,750 in fiscal year 2021.
A Recurring Conflict-of-Interest Disclosure
One Family Fund's Form 990 has reported conflict-of-interest transactions on Schedule L in fiscal years 2018 through 2024 (the years for which ProPublica's Nonprofit Explorer flags this disclosure), meaning the organization reported loans, grants, or business transactions with interested parties — which can include officers, key employees, their family members, or businesses they control — in each of those years. The specific counterparties and dollar amounts are itemized only in the full Schedule L filings, which are not broken out in the summary data but are viewable in full via the ProPublica link above. A multi-year pattern of this disclosure is unusual among comparable Israel-focused charities profiled by Olam, most of which report no Schedule L transactions in a given year.
What Does Leadership Earn?
| Executive | FY2024 Compensation | Other |
|---|---|---|
| Naomi Nussbaum, Executive Director | $144,180 | $0 |
Nussbaum's compensation has risen steadily as the organization's budget has grown: from $108,542 in fiscal year 2021 to $144,180 in fiscal year 2024. Harry Szafranski, Treasurer, was separately compensated $57,500–$60,000 annually in several recent years (FY2019–FY2023) before dropping from the FY2024 compensation table. Board Chair Marc Belzberg and the rest of the volunteer board — including Lisa Belzberg, Rachel Berg, Joey Harari, Malcolm Hoenlein, Philip Rosen, Liora Rosenblum, and Brad Schwartz — received no compensation.
Net Assets and Financial Position
One Family Fund's net assets have grown from a low of $155,712 in the fiscal year ending May 2014 to $2,534,413 at the end of fiscal year 2024, tracking the organization's overall revenue growth. Total liabilities remain modest, at $44,798 in FY2024.
Related Charity Financial Audits
For comparable audit-based financial profiles of other major Israel-focused philanthropies, see Olam's UJA-Federation of New York financial profile, Olam's FIDF financial profile, Olam's American Friends of Magen David Adom financial profile, Olam's Birthright Israel Foundation financial profile, Olam's ORT America financial profile, and Olam's American Friends of Leket Israel financial profile.
Frequently Asked Questions About One Family Fund
What is One Family Fund?
One Family Fund (EIN 11-3585917), also known as OneFamily, is a U.S. 501(c)(3) nonprofit that supports Israeli victims of terror attacks and their families with financial, legal, and emotional assistance, founded in 2001 by Marc and Chantal Belzberg.
Has One Family Fund disclosed any conflicts of interest?
Yes. Its Form 990 filings have reported conflict-of-interest transactions on Schedule L in fiscal years 2018 through 2024, per ProPublica's Nonprofit Explorer. These transactions involve loans, grants, or business dealings with officers, key employees, their family members, or businesses they control; specific details are in the full Schedule L filings.
How much does One Family Fund's Executive Director earn?
Naomi Nussbaum received $144,180 in reportable compensation in fiscal year 2024, up from $108,542 in fiscal year 2021.
How much money does One Family Fund raise?
In fiscal year 2024, it reported $5,536,671 in total revenue, down from a peak of $6,784,719 in fiscal year 2023.
What is One Family Fund's EIN?
11-3585917. It is a 501(c)(3) tax-exempt organization, and donations are tax-deductible.
Where can I read One Family Fund's actual tax filings?
Full-text Form 990 filings for One Family Fund, including the Schedule L conflict-of-interest disclosures, are publicly available on ProPublica's Nonprofit Explorer.
Sources
Financial figures are drawn from One Family Fund's Form 990 filings for fiscal years 2011 through 2024, hosted by ProPublica's Nonprofit Explorer. The organization's founding history is drawn from Wikipedia and reporting by JNS and Aish.
How we report: Olam stories draw on public filings, company disclosures and named sources, checked by our editors. Read our methodology · Corrections
