Bnai Zion Foundation Inc
- Assets
- $18.5m
- Revenue
- $2.9m
- Investments
- $14.8m
- Employees
- 5
- Location
- New York, NY
- Founding
- 06/1953
- Data as of
- 12/2021
- 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 12/2021, Bnai Zion Foundation Inc employed 5 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 12/2021, Bnai Zion Foundation Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. 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
2021
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 |
|---|---|---|---|
Justin B Hayet Chief Operat | Officer | 40 | $176,259 |
Tzvi Ari Lamm Chief Exec O | Officer | 40 | $123,173 |
George W Schaeffer Chairman Of | OfficerTrustee | 5 | $0 |
Shira Lewis Treasurer | OfficerTrustee | 5 | $0 |
Stephen Savitsky President | OfficerTrustee | 10 | $0 |
Jan Kiderman Vice Preside | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,136,215 |
| Membership dues | $24,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,201,565 |
| Total Program Service Revenue | $390,897 |
| Investment income | $331,430 |
| 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 | $2,923,892 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $144,130 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,371,447 |
| 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 | $672,706 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,005 |
| Payroll taxes | $41,407 |
| 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 | $0 |
| Fees for services: Other | $534,218 |
| Advertising and promotion | $77,153 |
| Office expenses | $127,153 |
| Information technology | $23,058 |
| Royalties | $0 |
| Occupancy | $152,980 |
| Travel | $20,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,835 |
| Interest | $16,071 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,573 |
| Insurance | $19,336 |
| All other expenses | $0 |
| Total functional expenses | $5,313,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,489,525 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $927,607 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $632,361 |
| Investments—other securities | $14,841,814 |
| Investments—program-related | $510,528 |
| Intangible assets | $101,435 |
| Other assets | $31,890 |
| Total assets | $18,535,160 |
| Accounts payable and accrued expenses | $46,192 |
| 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 | $2,435,366 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $364,867 |
| Total liabilities | $2,846,425 |
| Net assets without donor restrictions | $15,688,735 |
| 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 | $18,535,160 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Bnai Zion Foundation Inc has recieved totaling $113,186.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $93,086 |
Abraham & Sonia Rochlin Foundation Reno, NV PURPOSE: ORGANIZATIONAL MISSION | $20,000 |
A H & Helen L Weiss Foundation Gladwyne, PA PURPOSE: PROGRAM SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American School In London Foundation Princeton, NJ | $2,370,011 | $19,085,987 |
American Community School At Beirut -Lebanon New York, NY | $38,176,805 | $18,283,695 |
Global Hunger Project New York, NY | $18,451,641 | $18,515,873 |
Buildon Inc Stamford, CT | $19,130,694 | $16,459,828 |
Womens World Banking Inc New York, NY | $45,990,561 | $24,725,214 |
Innovation Africa New York, NY | $6,054,720 | $16,340,258 |
Near East Foundation Syracuse, NY | $16,218,674 | $15,526,282 |
Amref Health Africa Inc New York, NY | $11,305,543 | $22,534,673 |
International Schools Services Inc Princeton, NJ | $22,409,212 | $13,743,105 |
British Schools And Universities Foundation Inc New York, NY | $4,352,409 | $13,471,425 |
Istanbul International Community School Inc Princeton, NJ | $19,037,423 | $13,733,005 |