About The FCRF
Present the story, not just a Gem
The Fancy Color Research Foundation (FCRF) seeks to broaden knowledge and cultivate the appreciation and fair trade of fancy color diamonds. We provide timely data, research, tools, and services to leading diamond companies and industry professionals, empowering them to optimize their business abilities in the fancy color diamond arena. As a non-trade organization, we reinvest earnings into further research or donate them to the Make-a-Wish Foundation, fulfilling the dreams of critically ill children.
Our Story
The FCRF is the primary source of objective data and information about fancy color diamonds globally. Our standardization methodology enables us to accurately assess fancy color diamonds’ price behavior and rarity, as well as to evaluate specific diamonds. Dozens of worldwide industry experts contribute to our reports, evaluations, studies, and analyses, allowing us to merge data from various sources for the benefit of useful tools and services that reinforce the fancy color diamond category.
In telling the story of this beautiful and rare natural resource that will soon be extinct, the FCRF promotes the understanding of these unique gems. Our impartial, integrated data and insights make fancy color diamond knowledge accessible, promoting transparency and trust in the industry.
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Our Values
Passion for Rarity & Beauty
We tell the story of a valuable natural resource, about to be extinct, through its rarity and beauty
Standardization
We create standardization, promoting confidence, transparency, and fair trade
Expanding Value
We maximize seller value with new expertise, increasing Fancy Color Diamonds' value in the eyes of consumers
Fusing Knowledge
We integrate data and transform it into knowledge, delivering a cutting-edge user experience
Integrity
We are a non-trade organization whose mission is revealing the mysteries of Fancy Color Diamonds
Management Team
Miri Chen
CEO
HQ Tel-Aviv
Senior executive with extensive experience in large international companies in the high-tech industry. Prior to heading the FCRF, Miri served as Head of business operations. Miri leads the foundation, setting the vision and strategy roadmap, developing unparalleled products and services for the Fancy Color diamond professional industry, while focusing on creating and providing the FCRF members with innovative solutions and professional services to enhance the knowledge and expertise in the Fancy Color Diamond industry.
Michael Elhyani
Systems Operations
HQ Tel Aviv
Michael is an expert in Systems Operations, with extensive experience in data systems administration. He began his professional journey in auctioneering and operations management with some of the auction houses in Israel. Michael's passion for technology motivates him to seek new challenges, constantly improving our team with an exceptional blend of experience and innovation.
Adi Zaguri
Design & Social Media
HQ Tel Aviv
Adi Zaguri serves as a designer and social media specialist at the Fancy Color Research Foundation. She excels in both product and marketing design, crafting aesthetically appealing and functional products. Proficient in a variety of editing software, she enhances the Foundation's digital presence, ensuring that their interactions are engaging and visually compelling.
Grace Tamir
Clients & Business Relations
HQ Tel Aviv
Grace is dedicated to delivering exceptional client experiences to diamond professionals globally in her role overseeing Clients & Business Relations. With a background as an entrepreneur, she brings extensive experience in engaging with clients across various industries, ensuring meaningful and effective interactions.
Lina Kurganoff
Office Manager
HQ Tel Aviv
Lina is the Office Manager, expertly managing daily operations with her strong organizational and problem-solving skills. Her background as a project manager in Israeli Military Intelligence has equipped her to adeptly navigate complex challenges and foster effective collaboration with diverse teams and clients.
Ohad Lev
Data Science
HQ Tel Aviv
Senior accountant experienced in data analysis for business development. Ohad is responsible for developing data modules for the FCRF’s flagship products - the Fancy Color Diamond Index and the Fancy Color Diamond Rarity Tool.
Miri Chen
CEO
HQ Tel-Aviv
Senior executive with extensive experience in large international companies in the high-tech industry. Prior to heading the FCRF, Miri served as Head of business operations. Miri leads the foundation, setting the vision and strategy roadmap, developing unparalleled products and services for the Fancy Color diamond professional industry, while focusing on creating and providing the FCRF members with innovative solutions and professional services to enhance the knowledge and expertise in the Fancy Color Diamond industry.
Grace Tamir
Clients & Business Relations
HQ Tel Aviv
Grace is dedicated to delivering exceptional client experiences to diamond professionals globally in her role overseeing Clients & Business Relations. With a background as an entrepreneur, she brings extensive experience in engaging with clients across various industries, ensuring meaningful and effective interactions.
Michael Elhyani
Systems Operations
HQ Tel Aviv
Michael is an expert in Systems Operations, with extensive experience in data systems administration. He began his professional journey in auctioneering and operations management with some of the auction houses in Israel. Michael's passion for technology motivates him to seek new challenges, constantly improving our team with an exceptional blend of experience and innovation.
Lina Kurganoff
Office Manager
HQ Tel Aviv
Lina is the Office Manager, expertly managing daily operations with her strong organizational and problem-solving skills. Her background as a project manager in Israeli Military Intelligence has equipped her to adeptly navigate complex challenges and foster effective collaboration with diverse teams and clients.
Adi Zaguri
Design & Social Media
HQ Tel Aviv
Adi Zaguri serves as a designer and social media specialist at the Fancy Color Research Foundation. She excels in both product and marketing design, crafting aesthetically appealing and functional products. Proficient in a variety of editing software, she enhances the Foundation's digital presence, ensuring that their interactions are engaging and visually compelling.
Ohad Lev
Data Science
HQ Tel Aviv
Senior accountant experienced in data analysis for business development. Ohad is responsible for developing data modules for the FCRF’s flagship products - the Fancy Color Diamond Index and the Fancy Color Diamond Rarity Tool.
Board of Advisors
Tom Gelb is a consultant for several gem labs, trade groups, and companies in the industry. He is the award-winning author of numerous articles on diamonds, and his work has been published in leading gemological publications worldwide. Mr. Gelb has had the privilege of evaluating some of the world’s most prestigious gems, including the Hope, Idol’s Eye, Agra, Incomparable, CTF Pink Star, and Moussaieff Red Diamonds. Tom is a veteran of the GIA, where he worked for 15 years. He later ran the grading department at Harry Winston.
Mr. Ephraim Zion is Managing Director at Dehres in Hong Kong. As the most influential fancy color diamantaire in the Far East, he is considered a major industry leader, known for his exceptional collection of white and rare fancy color diamonds, as well as rubies, emeralds, and sapphires. Mr. Zion has vast experience in the industry and with high-end clients. After attaining experience as a diamond cutter in Israel, Mr. Zion moved to New York where he continued to develop his mastery of cutting large diamonds, becoming one of the most highly-skilled and sought-after diamond cutters today.
Ishaia Gol is the owner of Ishaia Trading Corp., a diamond company based in New York. Mr. Gol has over forty years of experience in the large stone and fancy color diamond market. Throughout his vast career, Mr. Gol has acquired an excellent reputation among his peers as an expert in colored diamonds. He has cut and traded some of the most important fancy color diamonds in the world. Mr. Gol's extensive industry knowledge of the history of fancy color diamonds is a valued asset to the FCRF.
Mr. Schneider is the CEO of CIRCA, the leading global buyer of pre-owned high-end jewelry and watches. He also co-founded Adama Partners, an operational venture firm focused on the global gem and jewelry industry. Among Adama’s business interests are Blue Nile, the world’s largest e-commerce engagement ring retailer, and Mondiamo, a diamond jewelry buyback company. Prior to co-founding Adama Partners, Mr. Schneider worked at Bain & Company, where he focused on private equity due diligence engagements in the internet, telecom, media, and financial institution industries. Prior to Bain & Company, Mr. Schneider co-founded and was EVP of Business Development for Infra-Com Technologies, a fabless wireless chip company. Mr. Schneider holds an MBA from Columbia University Business School and a LLB, BA in Economics from Tel Aviv University.
Eden Rachminov is a fancy color diamond expert with over 20 years of experience. He is passionate about educating jewelers and retailers on all aspects of fancy color diamonds out of the firm belief that consumer confidence in fancy color diamonds depends on a profound understanding of these gems. In 2010, Mr. Rachminov authored The Fancy Color Diamond Book, which gained international recognition and has earned high praise from leading industry institutions such as the GIA and Rapaport. He was also recognized as a valued contributor to education in the industry and received the first Contribution to Education Award from the Natural Color Diamond Association in 2013.
Tom Gelb is a consultant for several gem labs, trade groups, and companies in the industry. He is the award-winning author of numerous articles on diamonds, and his work has been published in leading gemological publications worldwide. Mr. Gelb has had the privilege of evaluating some of the world’s most prestigious gems, including the Hope, Idol’s Eye, Agra, Incomparable, CTF Pink Star, and Moussaieff Red Diamonds. Tom is a veteran of the GIA, where he worked for 15 years. He later ran the grading department at Harry Winston.
Mr. Schneider is the CEO of CIRCA, the leading global buyer of pre-owned high-end jewelry and watches. He also co-founded Adama Partners, an operational venture firm focused on the global gem and jewelry industry. Among Adama’s business interests are Blue Nile, the world’s largest e-commerce engagement ring retailer, and Mondiamo, a diamond jewelry buyback company. Prior to co-founding Adama Partners, Mr. Schneider worked at Bain & Company, where he focused on private equity due diligence engagements in the internet, telecom, media, and financial institution industries. Prior to Bain & Company, Mr. Schneider co-founded and was EVP of Business Development for Infra-Com Technologies, a fabless wireless chip company. Mr. Schneider holds an MBA from Columbia University Business School and a LLB, BA in Economics from Tel Aviv University.
Mr. Ephraim Zion is Managing Director at Dehres in Hong Kong. As the most influential fancy color diamantaire in the Far East, he is considered a major industry leader, known for his exceptional collection of white and rare fancy color diamonds, as well as rubies, emeralds, and sapphires. Mr. Zion has vast experience in the industry and with high-end clients. After attaining experience as a diamond cutter in Israel, Mr. Zion moved to New York where he continued to develop his mastery of cutting large diamonds, becoming one of the most highly-skilled and sought-after diamond cutters today.
Eden Rachminov is a fancy color diamond expert with over 20 years of experience. He is passionate about educating jewelers and retailers on all aspects of fancy color diamonds out of the firm belief that consumer confidence in fancy color diamonds depends on a profound understanding of these gems. In 2010, Mr. Rachminov authored The Fancy Color Diamond Book, which gained international recognition and has earned high praise from leading industry institutions such as the GIA and Rapaport. He was also recognized as a valued contributor to education in the industry and received the first Contribution to Education Award from the Natural Color Diamond Association in 2013.
Ishaia Gol is the owner of Ishaia Trading Corp., a diamond company based in New York. Mr. Gol has over forty years of experience in the large stone and fancy color diamond market. Throughout his vast career, Mr. Gol has acquired an excellent reputation among his peers as an expert in colored diamonds. He has cut and traded some of the most important fancy color diamonds in the world. Mr. Gol's extensive industry knowledge of the history of fancy color diamonds is a valued asset to the FCRF.
Giving Back - 
Giving back to the community is among the FCRF’s highest priorities and we continuously strive to make impactful contributions. The majority of the foundation’s income will be re-invested in further research and education programs. We are committed to an annual contribution of a share of our profits with the Make-A-Wish Foundation – the children’s charity who have a long-standing connection to the diamond industry.