Hadassah Foundation Inc
- Assets
- $18.1m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 13-4022483
Organization Overview
Hadassah Foundation Inc is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hadassah 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, Hadassah Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $707.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hadassah Foundation Inc has awarded 46 individual grants totaling $1,120,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE STATUS, HEALTH AND WELL BEING OF WOMEN AND GIRLS IN ISRAEL AND THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION FUNDS PROJECTS THAT PROMOTE GENDER EQUALITY AMONG DIVERSE CULTURAL GROUPS IN ISRAEL AND THE JEWISH COMMUNITY IN THE UNITED STATES. OUR GRANTEES SEEK TO PROMOTE FUNDAMENTAL CHANGE BY ADDRESSING THE OBSTACLES THAT IMPEDE THE FULL PARTICIPATION OF WOMEN AND GIRLS IN SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Blumenkranz Foundation Director | 40 | $142,264 | |
Sue Beller Board Member/chair | OfficerTrustee | 15 | $0 |
Audrey Weiner Board Member/treasurer | OfficerTrustee | 3 | $0 |
Margaret Meg Gold Board Member/vice Chair | OfficerTrustee | 3 | $0 |
Roselyn Garber Toledano Board Member/secretary | OfficerTrustee | 3 | $0 |
Jacquie Bayley Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,489,743 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $329,265 |
| Noncash contributions included in lines 1a–1f | $10,133 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,819,008 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,819,008 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $180,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $265,000 |
| 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 | $180,830 |
| Pension plan accruals and contributions | $13,355 |
| Other employee benefits | $4,244 |
| Payroll taxes | $14,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,672 |
| Advertising and promotion | $161 |
| Office expenses | $732 |
| Information technology | $3,065 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $564 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $707,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,142 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,080,459 |
| Total assets | $18,101,601 |
| Accounts payable and accrued expenses | $802 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $802 |
| Net assets without donor restrictions | $18,015,551 |
| Net assets with donor restrictions | $85,248 |
| 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 | $18,101,601 |
Grants Awarded
Over the last fiscal year, Hadassah Foundation Inc has awarded $175,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $35,000 |
Elkins Park, PA PURPOSE: GENERAL SUPPORT | $35,000 |
Jericho, NY PURPOSE: GENERAL SUPPORT | $30,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $22,500 |
Riverdale, NY PURPOSE: GENERAL SUPPORT | $20,000 |
Brookline, MA PURPOSE: GENERAL SUPPORT | $17,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hadassah Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Patsy And Michael Hochman Charitable Foundation Dallas, TX PURPOSE: PROGRAM SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $14,686,656 |
| Net Contributions | $2,263,512 |
| Other Expense | $259,575 |
| Grants | $445,000 |
| Ending Balance | $16,245,593 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of New York City New York, NY | $40,512,646 | $61,047,819 |
United Way Of Massachusetts Bay Inc Boston, MA | $61,459,192 | $54,248,060 |
Childrens Rescue Fund Bronx, NY | $24,029,170 | $53,044,030 |
Jewish Federation Of Greater Philadelphia Philadelphia, PA | $424,827,168 | $56,076,653 |
Masonic Charity Foundation Of New Jersey Burlington, NJ | $172,221,934 | $43,314,018 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA | $71,821,513 | $41,142,392 |
United Way Of Connecticut Rocky Hill, CT | $9,253,569 | $38,307,240 |
Jewish Federation Of Greater Pittsburgh Pittsburgh, PA | $277,158,927 | $43,372,124 |
Foundation For Jewish Philanthropies Getzville, NY | $249,898,212 | $25,804,353 |
United Way Of Greater Philadelphia And Southern New Jersey Philadelphia, PA | $111,398,154 | $23,240,167 |
Colcom Foundation Pittsburgh, PA | $406,634,028 | $48,313,267 |