Elli Malki


My Current Activities:


  • I am an economist and I specialize in economic and financial management of nonprofits.
  • I am the CFO of Keren Or - a center for blind children and adults with multiple disabilities (http://www.keren-or.org/)
  • I assist nonprofit directors and CFOs to create a clear and transparent financial management system.
  • I assist nonprofits to prepare budgets for funders and donors, and to create procedures and tools for efficient reporting.     
  • I assist social entrepreneurs to create viable business models that combine social and economic goals.
  • I am authorized by the Israeli government as a consultant for small and medium sized businesses.
  • I teach in the MA program for Nonprofit Management and Leadership at the Rothberg International School of the Hebrew University
  • I teach in the MA program for Management of Nonprofit and Community Organizations  at the Paul Baerwald School of Social Work and Social Welfare of the Hebrew University. 
  • I am a partner and the editor of an Israeli financial website dedicated to investors – www.inbest.co.il
  • I am an author of a book on nonprofits management - Mesuring the Things that Count.

 My Goals:

  •  To create financial clarity.
  • To develop and implement economic goals in accordance with the social goals of the organization.
  • To provide simple and applicable tools for managerial decision making.

 My Previous Experience:


  • CFO at Keren-Or - Center for Blind Children with Multiple Disabilities. 2012 - the present. 
  • Deputy director and CFO at the American Jewish Joint Distribution Committee (AJJDC) in the Former Soviet Union (FSU).  1998 – 2008.
  • Founder and CEO at AJJDC Real Estate Company (AREC), a subsidiary of AJJDC  that manages its community centers in the FSU. 2005 – 2008.
  • Manager of business development at Hadasit Medical Research and Development Ltd., a subsidiary of Hadassah Medical Organization. 1994 - 1998.

My Academic Courses (in English):

Vision-Based and Goal-Oriented Budget Planning and Management

Lecture in Nefesh B'nefesh

Articles on nonprofit management:

 Systematic Approach to the Allocation of Budgets for Humanitarian Aid Programs: A Practical Tool for International NGOs.

Malki E., SSRN, 2008.
Malki E., SSRN, 2008.
Malki E., SSRN, 2008.
Malki E., SSRN, 2010.


Brown M. & Malki E., SSRN, 2011.

Malki E (2014). Journal of Accounting, Auditing and Taxation, 1(1): 002-007.

Malki E., SSRN, 2016.

Articles on other financial topics:


Malki E., The Journal of Stock and Forex Trading , Volume 1 • Issue 10 • 2012

The Financial Crisis in Russia

Malki E., SSRN, 1999.

Intellectual Property and the Valuation of Biotechnology Companies: GEN-dex Versus Dow Jones

Malki E., SSRN, 1997.

The Economic Sense of Royalty Rates

Malki E., SSRN, 1997.

Malki E., SSRN, 1998.

Choosers Can Make You Beggars

Malki E., Ha'aretz, 2011.

Your Conscience is a Lousy Investor

Malki E., Ha'aretz, 2011.

The Naifs Versus the Pros

Malki E., Ha'aretz, 2010.

The Risk Premium Puzzle

Malki E., ETF.COM, 2008.

An Anti Bubble in Europe?

Malki E., ETF.COM, 2008.

The Dollar Strikes Back

Malki E., ETF.COM, 2008.

Elli Malki