There are numerous channels for raising resources from a variety of budgetary entities. Many nonprofits are unaware of all the available options or how to submit support requests in a way that maximizes their funding potential. EZUZ FINANCIAL EXPERTS specializes in assisting nonprofits and institutions in resource development through the Estates Committee, various government funds, ministries, and other entities.
30+ Years of expertise in financial management and banking support
M400+ In credit facilities and cash flow for EZUZ clients under active advisory
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Providing controllership and fundraising support, with a focus on preparing, submitting, and managing grant applications through to successful funding.
We support non-profits with professional and organized financial management, alongside expertise in securing funds from government sources and other channels. This includes navigating budgetary regulations and various state grants, all aimed at the implementation of activities and projects that non-profits seek to launch through fundraising.
We excel in securing diverse and substantial funding. Through our expertise in crafting attractive project plans, preparing detailed and precise documentation, and closely guiding nonprofit management in dealings with government offices and/or various authorities, we facilitate the execution of numerous projects and guide the organization’s management on how to effectively utilize the funds.
We prepare performance reports with precision, adhering to regulatory guidelines and audit requirements to prevent delays in the payment process. The organization’s management enjoys peace of mind as we handle the entire process, from drafting applications to preparing reports for government offices, authorities, and funding entities.
Nonprofits can receive government support for their activities under various budgetary regulations periodically published by government ministries and/or local authorities. To fully leverage these support opportunities, meticulous planning is required to align the nonprofit’s activities with the criteria necessary for eligibility. Securing such support entails completing detailed application forms, performance reports, general accounting reports, and more. EZUZ FINANCIAL EXPERTS provides a comprehensive service, managing all required actions – from the initial planning stage, through guiding the nonprofit in its operations, to preparing the necessary performance reports for submission.
Various committees, such as the Estate Committee, the Class Action Fund, KKL Funds, National Insurance Funds, and others, allocate tens of millions of shekels annually to nonprofit organizations for initiating projects within their areas of expertise. Submitting support requests and preparing performance reports can either be handled directly by the nonprofit or with the help of EZUZ FINANCIAL EXPERTS, who specializes in drafting these comprehensive applications and plans (both narrative and financial), conducting quality control to meet the numerous technical requirements – noncompliance with which could disqualify reviewing the request – handling appeals and special committee requests, and preparing detailed performance reports (narrative and financial) to maximize the receipt of support funds.
The Class Actions Committee publishes numerous calls for proposals throughout the year on various topics related to the expertise of nonprofit organizations. The committee supports associations in initiating new projects and/or strengthening existing activities. EZUZ FINANCIAL EXPERTS specializes in drafting comprehensive applications and plans (both narrative and financial), conducting quality control to meet the numerous technical requirements – noncompliance with which could disqualify reviewing the request – handling appeals and special committee requests, and preparing detailed performance reports (narrative and financial) to maximize the receipt of support funds.
Nonprofit organizations face constant challenges in securing funding for their operations from both government and private sources. Only a nonprofit organization holding approval for tax credit on donations under Section 46 (granted by the Knesset’s Finance Committee) can offer businesses the significant advantage of deducting their donations as tax-deductible expenses. This provides an incentive for businesses to donate to nonprofits holding such approval, compared to those that do not. To obtain this approval, the organization must meet specific eligibility criteria and submit a series of documents and explanations to the tax authorities for preliminary eligibility review before the Knesset Finance Committee’s discussion. EZUZ FINANCIAL EXPERTS supports nonprofits from the feasibility stage of obtaining the approval, guiding them through the preparation and submission of all required documentation to the tax authorities for securing the coveted approval.
Controllership and financial management for NPOs require extensive knowledge of the unique regulatory guidelines that apply to these organizations, as well as an understanding of the proper accounting practices needed to manage and present financial data in a way that maximizes eligibility for funding from various sources, added to the crucial need to operate efficiently, and with a high level of budgetary transparently. EZUZ FINANCIAL EXPERTS specializes in providing financial management services tailored to the needs of NPOs, including the development of a budget reporting system that meets both internal requirements and external reporting obligations to all funding entities. We ensure compliance with the numerous regulations and reporting standards, participate in the strategic planning and development of initiatives aimed at strengthening and solidifying the NPO’s financial position. Our service package for NPOs encompasses all standard controllership and financial management tasks, as well as essential planning and reporting components crucial for effective NPO management.
NPOs are often required to undergo various audits during their ongoing operations, either due to their status as taxable entities with the Tax Authority or because they receive funding from different government bodies. These audits may be conducted by the Registrar of Associations, tax authorities, government ministries, funding agencies, and both public and private foundations. Proper management before and during such audits can be crucial to the organization’s reputation and its continued eligibility for third-party funding. EZUZ FINANCIAL EXPERTS provides support to NPOs, starting from the planning stage of their management and control systems (in line with various regulatory requirements) and continuing throughout the audit process by different authorities, in order to guide NPOs through these audits in the most efficient and secure way possible, and to help implement the audit recommendations in a manner that satisfies the reviewing bodies.
