Foundation For Jewish Philanthropies
- Assets
- $240.0m
- Revenue
- $11.4m
- Investments
- $32.8m
- Employees
- 13
- Location
- Getzville, NY
- Founding
- 08/1962
- Data as of
- 12/2022
- EIN
- 16-6023261
Organization Overview
Foundation For Jewish Philanthropies is located in Getzville, NY. The organization was established in 1962. 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. As of 12/2022, Foundation For Jewish Philanthropies employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Jewish Philanthropies 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 12/2022, Foundation For Jewish Philanthropies generated $11.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $37.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation For Jewish Philanthropies has awarded 1,080 individual grants totaling $85,973,558. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A NOT-FOR-PROFIT, PUBLIC CHARITY ESTABLISHED IN 1911 TO PROVIDE FOR THE QUALITY AND CONTINUITY OF JEWISH LIFE IN WESTERN NEW YORK AND AROUND THE WORLD THROUGH PRIVATE PHILANTHROPY. THE FOUNDATION SEEKS, ACCEPTS, MANAGES, AND DISTRIBUTES CHARITABLE LEGACIES, BEQUESTS, TRUSTS, ENDOWMENTS, AND OTHER PHILANTHROPICAL FUNDS FOR THE BENEFIT OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES AS A PUBLIC CHARITY TO SEEK, ACCEPT, MANAGE, AND DISTRIBUTE LEGACIES, BEQUESTS, ENDOWMENTS, TRUSTS, DONOR-ADVISED, RESTRICTED, AND OTHER PHILANTHROPIC FUNDS. THE FOUNDATION DEVELOPS AND MANAGES ENDOWMENT FUNDS FOR JEWISH AND NON JEWISH SOCIAL SERVICE AGENCIES, COMMUNITY ORGANIZATIONS, TEMPLES, AND SYNAGOGUES. IT OFFERS A VARIETY OF PLANNED GIVING SERVICES FOR DONORS AND CONDUCTS A GRANT MAKING PROGRAM FOR THE DISTRIBUTION OF FUNDS FOR BROAD CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Schechter President | OfficerTrustee | 1 | $0 |
Alison Keane Vice President | OfficerTrustee | 1 | $0 |
Peter Weinmann Vice President | OfficerTrustee | 1 | $0 |
Craig Small Secretary | OfficerTrustee | 1 | $0 |
Daniel Kester Treasurer | OfficerTrustee | 1 | $0 |
Susan Freed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,633,921 |
| Noncash contributions included in lines 1a–1f | $1,158,964 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,633,921 |
| Total Program Service Revenue | $437,711 |
| Investment income | $2,035,006 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$264,801 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,401,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,657,835 |
| Grants and other assistance to domestic individuals. | $102,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $138,120 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $274,224 |
| Compensation of current officers, directors, key employees. | $133,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $340,460 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,944 |
| Payroll taxes | $49,435 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,568 |
| Fees for services: Accounting | $39,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,500 |
| Advertising and promotion | $57,546 |
| Office expenses | $10,671 |
| Information technology | $151,114 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,860 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,945 |
| Insurance | $50,244 |
| All other expenses | $0 |
| Total functional expenses | $37,627,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,207,548 |
| Savings and temporary cash investments | $9,096,268 |
| Pledges and grants receivable | $2,910,638 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,683,526 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $17,246 |
| Investments—publicly traded securities | $125,633,253 |
| Investments—other securities | $32,809,767 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,630,294 |
| Total assets | $239,988,540 |
| Accounts payable and accrued expenses | $21,146,057 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $89,219,787 |
| 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 | $22,781,283 |
| Total liabilities | $133,147,127 |
| Net assets without donor restrictions | $72,485,326 |
| Net assets with donor restrictions | $34,356,087 |
| 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 | $239,988,540 |
Grants Awarded
Over the last fiscal year, Foundation For Jewish Philanthropies has awarded $7,375,662 in support to 120 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCACY CENTER OF TOMPKINS COUNTY PURPOSE: GENERAL PURPOSES | $10,000 |
ALBRIGHT-KNOX ART GALLERY PURPOSE: GENERAL PURPOSES | $55,820 |
AJC WEST COAST FLORIDA PURPOSE: GENERAL PURPOSES | $32,000 |
ALGONQUIN CAMPERSHIP FUND - ROCHESTER AREA COMMUNITY FOUNDATION PURPOSE: GENERAL PURPOSES | $10,500 |
AMERICAN FRIENDS OF CHABAD OF THAILAND PURPOSE: GENERAL PURPOSES | $24,780 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL PURPOSES | $50,200 |