Donors & Impact Investors​

Philanthropy that amplifies and multiplies your giving
Ogen helps you give to and invest in the 
people
non-profits
small businesses
 of Israel

There are two essential routes to supporting Ogen’s many programs. Funders can either donate or invest.

Donate:

Establish and Grow a Named Loan Fund

With cumulative donations of $10,000 you can establish a loan fund in honor or in memory of a loved one. Donations are naturally recycled (loaned to borrowers, repaid to Ogen and then loaned again) on a continual basis, meaning the impact of each donation multiplies over time.  As a Named Loan Fund owner, you will receive an annual report outlining the growing impact of your personal fund, including:

  • Total donated
  • Total lent
  • Number of loans provided
  • Number of loans repaid in full
  • Number of active loans
  • The “social multiplier” of your fund

Make an Impact Investment

Through an investment with Ogen you can create huge social impact AND get your money back, with modest interest. Philanthropic impact investors make a minimum $1 million investment over several years to the Ogen – Israel Social Loan Fund, which provides large low-interest loans to small businesses, first-time homebuyers and non-profit organizations in Israel. The fund offers a financially smart way to build a healthier, fairer economy Israel in Israel, with minimal risk for the investor.

Support Ogen La’Bayit

Donate to fund the financial coaching process that helps get young hard-working Israeli families into affordable home ownership, creating a basis for stronger families, communities and society right across Israel. A donation of $10,000 will enable Ogen to guide ten families through the homebuying process from start to finish, turning dreams into reality. 

Help Develop Ogen – Israel Social Bank

Establishing the first not-for-profit bank in Israel (and first new bank of any kind since 1972) is a complex and costly process. To show your support for this vision, choose to support Ogen’s overall organizational growth, including new partnerships and technologies. Ogen deliberately streamlines its operations to enable 97 cents of every undesignated donated dollar to go to our lending program. Designating a gift for Ogen’s operational and strategic costs allows us to improve the scope and effectiveness of our work.

Donate Equity to Ogen – Israel Social Bank

As a bank, Ogen can leverage its start-up equity (almost $20m raised to date) to raise and deploy $11 in impact investments for every $1 of additional equity that you donate. For a donor who truly believes in the bank’s mission, donating equity brings an 11x return on Ogen’s ability to raise and deploy capital.

Establish and Underwrite a Goodwill Track Fund

Donate to the Goodwill program – Ogen’s approach to help borrowers who fall outside of our usual lending criteria, including people with no alternative credit options. The Goodwill track combines financial oversight, interest-free loans and donor-funded financial guarantees, to enable Ogen to lend to some of the most financially marginalized people in Israel.

Join the Legacy Circle

Choose to include Ogen – Israel Free Loan Fund in your legacy planning, to make a continued impact in perpetuity. Ogen’s cyclical loan model is ideally suited to legacy giving, creating the path for both a continued social impact and a positive legacy for future generations of your family to oversee. 

Goodwill Track

Donate to the Goodwill program – Ogen’s approach to help borrowers who fall outside of our usual lending criteria, allowing us to reach into communities with extremely limited credit options. You may choose to establish a Goodwill Track fund or a stand-alone Goodwill Guarantee fund, to be deployed only in the event of a default, giving Ogen greater license to lend to those on the far outskirts of Israel’s socio-economic center.

“It’s impossible to describe how much this assistance helped us – it was like giving the soul air to breathe. The loan gave us financial capacity and peace of mind.”

Gil, Ogen Borrower

Donate Now !

I would like to donate and receive a tax deduction in:

Contributions can be made via:

  • Credit card
  • Check
  • Bank transfer
  • Transfer of Israel Bonds, annuities, etc.

ISRAEL

Checks should be made payable to “Ogen – Israel Free Loan Fund” and mailed to:

Ogen – Israel Free Loan Fund
POB 10424
Jerusalem 9110401

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap.

USA

Checks should be made payable to “American Friends of Ogen – Israel Free Loan Fund” and mailed to: 

American Friends of Ogen – Israel Free Loan Fund
2330 Milton Road
University Heights, Ohio 44118 

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap. 

GREAT BRITAIN

Checks should be made payable to “British Friends of Ogen – Israel Free Loan Fund” and mailed to :

British Friends of Ogen – Israel Free Loan Fund
c/o Mr. Kenneth Keller, 
25 Lodge Avenue
Borehamwood
Elstree, Herts 
WD6 3NA

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap.

CANADA

Checks should be made payable to the “Canadian Friends of Ogen – Israel Free Loan Fund” and mailed to:

Canadian Friends of Ogen – Israel Free Loan Fund
c/o Mr. Mark Borer
570 Bay St.
Unit 2202
Toronto, ON  M5G0B2

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap.

CONTACT

Email: development@ogen.org
Phone: +972 2 530 0787. Alternatively, to reach our Israel office toll-free from the US dial 212 203 0055.

What Donating to Ogen Means for You

Help for people you can believe in.

Ogen lends to people who work hard, live responsibly and strive for better lives. This protects your money and increases your social impact.

Sustainability.

Your gift to Ogen – Israel Free Loan Fund lives on perpetually, as loans are recycled and “paid forward” – loaned to borrowers, repaid to Ogen and then loaned again – on a continual basis.

Efficiency.

Ogen teaches financial discipline and fundamentals to borrowers, and we practice it in-house; delivering our programs with overhead costs of just 2% and a default rate of 0.7%, less than half that of commercial lenders.

Comfort.

Since 1990, we have provided over 60,000 loans to Israelis in need. We have built partnerships with organizations across Israel and have received multiple awards for impact and innovation. We have lent $300 million over nearly 3 decades, with transparency and accountability.

Named Loan Funds

Interest-free loans are funded primarily through what we call “Named Loan Funds.” Named Loan Funds allow you as a donor to establish your own interest-free micro-fund within Ogen, dedicated however you choose – in memory of a loved one or in honor of a special milestone. Ogen currently manages hundreds of such funds ranging in size from several thousand dollars to several million. Named Loan Funds start from $10,000 in cumulative donations, with opportunities to add to the fund at any moment.

Named Loan Fund donors receive a detailed report annually (or at any time upon request) showing the number of loans made from the fund, payments returned and monies available for new loans at the time of the report.
Over time, due to the perpetual recycling of loans and repayments, donations have a “helping value” worth several times the value of the original gift. This is the special beauty of the Named Loan Fund concept – a recyclable resource that progressively helps more and more people over time.

“The loan from Ogen saved me. For someone with limited resources, the high interest-rates on a bank loan would lead to financial catastrophe. Instead, the loan I received helped me both personally and professionally. Thank you so much.”

-Iris

Make an Impact Investment

  • Social impact investors make a $1m investment
  • The Social Loan Fund makes low-interest loans to small businesses, first-time homebuyers and non-profit organizations
  • Loans are given alongside financial guidance and consultancy from Ogen and partners
  • At the end of the investment period, principal is repaid to the investor
  • Low risk: Ogen will cover up to first 5% of default losses
  • Investors have option to receive modest annual interest

Double bottom line: Financial & Social Return

At the end of the investment period, the principal is returned to you, the investor. This means that, unlike traditional philanthropy, you can achieve far-reaching social impact without permanently committing any capital.
The Israel Social Loan Fund will conserve and return investor capital rather than take risks with it. While we anticipate an estimated 1% default, Ogen – Israel Social Loan Fund will cover up to the first 5% of default losses, further safeguarding the status of investor funds. As a low-risk, fixed-income investment, the fund also offers the option to receive modest annual interest.

ANNUAL REPORTS

Funders: FAQ

Ogen is a nonprofit social lending enterprise. Established in 1990 by Professor Eliezer Jaffe z”l as The Israel Free Loan Association (IFLA), Ogen has provided more than $300 million in interest-free loans to over 60,000 small businesses and disadvantaged families. Click here to read more about Ogen.

Donations can be made via credit card, check or bank transfer. You can also transfer us your Israel Bonds, annuities, stock and more. To learn more about donations options here.

All contributions to Ogen are officially acknowledged and receipted. The receipt you will receive is recognized locally by the tax authorities in Israel (section 46), the United States (501(c)3), Canada, or the UK, respectively.

Ogen accepts donations via wire transfers. For account details please contact the team in your country:
For Israeli tax deductible donations via wire transfer contact the Ogen Development team at +972 2 530 0787 (from the US you can call us at 212.203.0055 which will reach our Israel office), or email development@ogen.org.
For American tax deductible donations via wire transfer contact us@ogen.org
For British donations via wire transfer contact uk@ogen.org
For Canadian donations via wire transfer contact canada@ogen.org
See also our contact page for more contact information for each of the overseas organizations.

Donors in the UK, USA, or Canada can receive tax deductions through the following organizations which raise funds for the purpose of supporting Ogen’s work in Israel: American Friends of Ogen, British Friends of Ogen and Canadian Friends of Ogen.

Click here for USA donations. 

Click here for UK donations. 

Click here for Canada donations. 

You can add a note to your donation stating that you wish your donation to be allocated to a specific Named Fund or program. In the case of Named Loan Funds you can use the fund’s number instead of the full name, for example “Donation for Fund #000”. If you have any questions regarding the Ogen Named Funds or programs you would like to contribute to – please contact the Ogen Development team at +972 2 530 0787 (from the US you can call us at 212.203.0055 which will reach our Israel office), or email development@ogen.org

Up to 2% of all contributions is allocated towards overheads.

Yes. Checks can be made payable to PEF (Israel Endowment Funds) and mailed to:
PEF Israel Endowment Funds, Inc., 630 Third Ave, Suite 1501, New York, NY 10017
(You should indicate that your donation is for Israel Free Loan Association, amutah #580-173-557)
For PEF wire transfers you should contact PEF directly at info@pefisrael.org and also see their website for further instructions

Stage 1: Before making a contribution of stocks or Israel bonds you should request instructions directly from the P.E.F. staff:
PEF Israel Endowment Funds, Inc.
630 Third Ave, Suite 1501
New York, NY 10017
Tel: 212-599-1260 Fax: 212-599-5981 Email: info@pefisrael.org
Stage 2: Contact the Ogen Development team at +972 2 530 0787 (from the US you can call us at 212.203.0055 which will reach our Israel office), or email development@ogen.org to notify us of this transfer, as well as if you have any questions.
You will receive a tax-deductible receipt from P.E.F. for this donation, as well as a subsequent acknowledgement from Ogen.

We invite you to consider mentioning Ogen and include a bequest in your will or living trust. Bequests are tax-deductible in the U.S., Canada, Great Britain and Israel. Your legacy to Ogen enables us to expand our loan programs. Your good deeds and memory will continue to live in perpetuity. To do this please contact us at development@ogen.org

To do this contact the Ogen Development team at +972 2 530 0787 (from the US you can call us at 212.203.0055 which will reach our Israel office), or email development@ogen.org

In order to set a standing monthly donation in Israel, please click here for the “hora’at keva” form, print it, and complete it. The forms needs to be signed a representative of your bank, and then email to development@ogen.org  or send by to 02-5669504.  For any questions regarding a standing order for donations, feel free to contact the Ogen Development team at +972 2 530 0787 (from the US you can call us at 212.203.0055 which will reach our Israel office), or email development@ogen.org

For all matters related to making a donation, please contact the Ogen Development at +972 2 530 0787 (from the US you can call us at 212.203.0055 which will reach our Israel office), or email development@ogen.org

Contact us

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