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CHARITY REVIEW
Issued: January 2026 Expires: January 2028

TAMID Group

Accredited Charity
Accredited Charity

Meets Standards
(303) 619-6989
625 Kenmoor Avenue SE, Suite 350
Grand Rapids, MI, 49546
https://tamidgroup.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

TAMID Group meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to create a strong, lasting connection to Israel for emerging professionals."

Year, State Incorporated:
2009, MI

Also Known As:
TAMID Israel Investment Group LTD

TAMID Group reports that its principal program activities seek to prepare undergraduate students to become the next generation of business leaders connected to Israel through hands-on, experiential learning. The organization states that its year-round campus-based programming includes business education, consulting for Israeli startups, and investment research. Students can then apply for the competitive TAMID Fellowship, a reportedly immersive eight-week summer internship in Tel Aviv. TAMID Group also provides leadership development, mentorship, and professional networking opportunities through its current student body and network of alumni.

For the year ended March 31, 2024, TAMID Group's program expenses were:

Fellowship program $1,033,757
Campus program $583,772
Company relations $344,218
Pro program $249,070
Total Program Expenses $2,210,817

Chief Executive
Jonah Heilman, Chief Executive Officer

Compensation*
$181,868

Chair of the Board
Max Heller

Chair's Profession / Business Affiliation
Private Equity

Board Size
6

Paid Staff Size
23

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Telephone appeals, Grant proposals, Internet

Fundraising costs were 16% of related contributions. (Related contributions, which totaled $3,219,936, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on TAMID Group's audited financial statements for the year ended March 31, 2024.

Source of Funds
Grants and contributions $3,219,936
Program fees $217,104
Investment income, net $62,074
Other income $640
Total Income $3,499,754

Programs: 67% Fundraising: 16% Administrative: 17%

Total Income $3,499,754
Total expenses: $3,286,870
  Program expenses $2,210,817
  Fundraising expenses $512,325
  Administrative expenses $563,728
  Other expenses $0
Income in Excess of Expenses $212,884
Beginning Net Assets $1,219,503
Other Changes In Net Assets $22,043
Ending Net Assets $1,454,432
Total Liabilities $684,182
Total Assets $2,138,612

Note: As noted in the above financial section, "other changes in net assets" refers to a foreign exchange gain.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance