Legal Tax and Banking

Bank Accounts

Bank account in the USA

USA Bank Account Information

Account Name
Merit Spread Foundation Inc.
Bank Account #
1000047445
Bank Name
Israel Discount Bank of New York
Bank Address
1114 Avenue of The Americas
NEW YORK, NY 10036

ABA Money transfer in USA

Beneficiary Name
Merit Spread Foundation Inc.
Bank Account Name
Merit Spread Foundation Inc.
Bank Account #
1000047445
ABA #
026009768
Bank Name
Israel Discount Bank of New York
Bank Address
1114 Avenue of The Americas
NEW YORK, NY 10036

Check

Account Name
Merit Spread Foundation Inc.
Bank Name
Israel Discount Bank
Branch Address
Aventura Branch
18851 NE 29th Avenue, Ste 600
Aventura, FL 33180

International money transfer

Account Name
Merit Spread Foundation Inc.
Bank Account #
1000047445
Bank Name
Israel Discount Bank of New York
Bank Address
1114 Avenue of The Americas
NEW YORK, NY 10036
Bank Swift Code
IDBYUS33

Bank account in Israel

Money transfer from Israeli bank

Account Name
Merit Spread Foundation LTD (CC)
Bank Name
Bank Hapoalim (12)
Branch
780
Account #
433467

International money transfer

Account Name
Merit Spread Foundation LTD (CC)
IBAN
IL-13-0127-8000-0000-0433-467
Bank Swift Code
POALILIT

Unique Advantages

Zero (0%) overheads expenses programs: overhead costs are fully covered by the foundation in order to maximize the use of aid to Israel.

Parameter

Merit Spread

Regular DAF

Regular Charity

Dedicated and personalized philanthropic program

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

Tax benefits in Israel (46)

pastedGraphic.png

pastedGraphic.png

pastedGraphic.png

Tax benefits in the USA

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

Full professional involvement of the donor

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

Administration of the process (legal, accounting, audit, internal control, banking)

pastedGraphic.png

pastedGraphic.png

pastedGraphic.png

No overheads charged

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

Professional support: available on demand of the donor

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

Flexible investment management, based on the donor’s policy

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

“Matching”: providing additional financial resources on top of the money injection made by the donor

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

Monitoring and supervision: a separate bank account with dual signature rights. 

pastedGraphic.png

pastedGraphic_1.png

pastedGraphic_1.png

Recognition: will be available for the donor and other relevant contributors

pastedGraphic.png

pastedGraphic.png

pastedGraphic.png

Flexibility to modify areas of philanthropic activity over time

pastedGraphic.png

pastedGraphic.png

pastedGraphic_1.png

Tax authorities' approvals - USA

Tax authorities' approvals - Israel