Bnai Zion Foundation Inc
- Assets
- $17.9m
- Revenue
- $4.9m
- Investments
- $13.0m
- Employees
- 3
- Location
- New York, NY
- Founding
- 06/1953
- Data as of
- 12/2023
- EIN
- 13-2572288
Organization Overview
Bnai Zion Foundation Inc is located in New York, NY. The organization was established in 1953. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Bnai Zion Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bnai Zion Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bnai Zion Foundation Inc generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BNAI ZION FOUNDATION OPERATES TO PROVIDE EDUCATIONAL ASSISTANCE, PROGRAMS, SERVICES, AND BURIAL BENEFITS TO ITS MEMBERS; ASSIST THOSE IN NEED WITH HUMANITARIAN PROJECTS IN THE UNITED STATES AND ISRAEL; FOSTER PHILO-SEMITISM THROUGH ENGAGEMENT AND EDUCATION WITH OTHER COMMUNITIES OF FAITH; AND SUPPORT THE SIGNIFICANT AND ENDURING TIE BETWEEN AMERICA AND ISRAEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BNAI ZION FOUNDATION OPERATES TO PROVIDE EDUCATIONAL ASSISTANCE, PROGRAMS, SERVICES, AND BURIAL BENEFITS TO ITS MEMBERS; ASSIST THOSE IN NEED WITH HUMANITARIAN PROJECTS IN THE UNITED STATES AND ISRAEL; FOSTER PHILO-SEMITISM THROUGH ENGAGEMENT AND EDUCATION WITH OTHER COMMUNITIES OF FAITH; AND SUPPORT THE SIGNIFICANT AND ENDURING TIE BETWEEN AMERICA AND ISRAEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tzvi Ari Lamm Chief Execut | Officer | 40 | $238,861 |
Justin B Hayet Chief Operat | OfficerTrustee | 40 | $0 |
George W Schaeffer Chairman Of | OfficerTrustee | $0 | |
Stephen Savitsky President | OfficerTrustee | $0 | |
Jan Kiderman Vice Preside | OfficerTrustee | $0 | |
Shira Lewis Treasurer | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,317,892 |
| Membership dues | $11,340 |
| Fundraising events | $0 |
| Related organizations | $112,932 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,442,164 |
| Total Program Service Revenue | $111,300 |
| Investment income | $346,845 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,900,309 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,870,448 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $699,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,327 |
| Payroll taxes | $15,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $93,044 |
| Fees for services: Other | $354,124 |
| Advertising and promotion | $121,130 |
| Office expenses | $104,635 |
| Information technology | $6,266 |
| Royalties | $0 |
| Occupancy | $195,925 |
| Travel | $111,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,945 |
| Interest | $316,251 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,573 |
| Insurance | $14,818 |
| All other expenses | $0 |
| Total functional expenses | $5,090,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,359,743 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $59,517 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $150,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,925 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,032,637 |
| Investments—other securities | $12,987,663 |
| Investments—program-related | $210,934 |
| Intangible assets | $20,288 |
| Other assets | $61,270 |
| Total assets | $17,883,977 |
| Accounts payable and accrued expenses | $84,549 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,477,372 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $219,987 |
| Total liabilities | $4,781,908 |
| Net assets without donor restrictions | $13,102,069 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,883,977 |