Dorot Foundation
- Assets
- $136.3m
- Revenue
- $4.1m
- Investments
- $126.3m
- Employees
- 0
- Location
- Providence, RI
- Founding
- 06/1959
- Data as of
- 03/2023
- EIN
- 13-6116927
Organization Overview
Dorot Foundation is located in Providence, RI. The organization was established in 1959. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Dorot Foundation 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 03/2023, Dorot Foundation generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $9.0m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dorot Foundation has awarded 339 individual grants totaling $18,235,653. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DOROT FELLOWSHIP IN ISRAEL ("DFI") PROGRAM IS DESIGNED TO ASSEMBLE AND EMPOWER A NETWORK OF YOUNG JEWISH LAY LEADERS TO ENLIVEN THE NORTH AMERICAN JEWISH LANDSCAPE. EVERY YEAR, DOROT FELLOWS FROM THE UNITED STATES AND CANADA ARE CHOSEN TO LIVE IN ISRAEL FOR 10 MONTHS, WHERE THEY DEVELOP SKILLS, ACQUIRE EXPERIENCE, AND BROADEN THE NETWORKS REQUIRED FOR COLLABORATIVE JEWISH LEADERSHIP. EACH FELLOW DEVISES A PERSONAL LEARNING PROGRAM, COMPRISED OF FORMAL AND EXPERIENTIAL LEARNING. DOROT FELLOWS SHARE IN A COLLABORATIVE LEARNING COMMUNITY IN WHICH ALL MEMBERS TAKE RESPONSIBILITY FOR DEVELOPING AND EXECUTING A COMMUNAL LEARNING AGENDA THROUGHOUT THE YEAR. UPON THEIR RETURN FROM ISRAEL, FELLOWS PARTICIPATE IN THE DOROT ALUMNI NETWORK, A CADRE OF THOUGHT LEADERS, INNOVATORS, REFORMERS, ORGANIZERS AND ACTIVISTS WHO ARE WORKING TOGETHER TO ENLIVEN THE NORTH AMERICAN JEWISH LANDSCAPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeane Ungerleider Director, President | 8 | $0 | |
Simeon Springer Director, Treasurer | 8 | $0 | |
Sara Nathan Director, Secretary | 8 | $0 | |
Steven Jacobson Executive Director | 40 | $227,819 | |
Brauna Doidge Chief Operating Officer | 40 | $169,070 | |
Naomi Orenstein Senior Dir Of Progra | 40 | $170,948 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greenhaven Associates Inc | 3/30/23 | $461,978 |
Dorot Fellows Ltd | 3/30/23 | $455,000 |
First Manhattan Co | 3/30/23 | $288,384 |
Neuberger Berman Investment Advisers Llc | 3/30/23 | $379,286 |
The Conscious Builders Inc | 3/30/23 | $139,832 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $289,847 |
| Dividends & Interest | $1,660,050 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,119,962 |
| Capital Gain Net Income | $2,119,962 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,088 |
| Total Revenue | $4,085,947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $396,889 |
| Other employee salaries and wages | $572,927 |
| Pension plans, employee benefits | $373,015 |
| Interest | $0 |
| Taxes | $22,464 |
| Depreciation | $0 |
| Occupancy | $11,550 |
| Travel, conferences, and meetings | $63,981 |
| Printing and publications | $697 |
| Other expenses | $481,656 |
| Total operating and administrative expenses | $4,182,959 |
| Contributions, gifts, grants paid | $4,809,866 |
| Total expenses and disbursements | $8,992,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,962 |
| Savings and temporary cash investments | $9,832,158 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,050 |
| Total assets | $136,345,978 |
| Accounts payable and accrued expenses | $22,183 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,183 |
Grants Awarded
Over the last fiscal year, Dorot Foundation has awarded $4,809,866 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
ALEPH ALLIANCE FOR JEWISH RENEWAL PURPOSE: MITSUI COLLECTIVE | $5,000 |
ALLIANCE FOR JUSTICE PURPOSE: DOROT FELLOWS PROGRAM | $215,000 |
ALLIANCE FOR YOUTH ORGANIZING PURPOSE: GENERAL OPERATING | $50,000 |
AMERICAN JEWISH WORLD SERVICES INC PURPOSE: GENERAL OPERATING | $50,000 |
AMERICAN-ISRAEL CULTURAL FOUNDATION INC PURPOSE: JERUSALEM CULTURE UNLIMITED-GENERAL OPERATING | $30,000 |
BELOVED BUILDERS INC PURPOSE: GENERAL OPERATING | $15,000 |