Jewish Community Foundation Inc
- Assets
- $39.6m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Cherry Hill, NJ
- Founding
- 09/2004
- Data as of
- 09/2023
- EIN
- 20-1260545
Organization Overview
Jewish Community Foundation Inc is located in Cherry Hill, NJ. The organization was established in 2004. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 09/2023, Jewish Community Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Community 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 09/2023, Jewish Community Foundation Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.9m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jewish Community Foundation Inc has awarded 78 individual grants totaling $37,565,747. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES GRANTS AND SCHOLARSHIPS FOR A VARIETY OF ACADEMIC AND EDUCATIONAL NEEDS ON A NONDISCRIPMINATORY BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP COMMUNITY AND LEGACY ENDOWMENT FUNDS TO SUPPORT LOCAL COMMUNITY, AGENCIES AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodi Berman Trustee | Trustee | 1 | $0 |
Larry Bernstein CFA Treasurer | OfficerTrustee | 1 | $0 |
Susan Olinsky CPA Trustee | Trustee | 1 | $0 |
Aj Kreimer Trustee | Trustee | 1 | $0 |
Jocelyn Borowsky ESQ Trustee | Trustee | 1 | $0 |
Stanley Cooper CFP Trustee | 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 | $3,321,012 |
| Noncash contributions included in lines 1a–1f | $1,428,819 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,321,012 |
| Total Program Service Revenue | $0 |
| Investment income | $2,333,024 |
| 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 | $5,654,036 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,291,598 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $197,360 |
| Pension plan accruals and contributions | $7,902 |
| Other employee benefits | $11,013 |
| Payroll taxes | $22,533 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,800 |
| Travel | $670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $27,681 |
| All other expenses | $11,001 |
| Total functional expenses | $3,862,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,002 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $418,670 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $38,075,200 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,081,830 |
| Total assets | $39,626,852 |
| Accounts payable and accrued expenses | $197,322 |
| 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 | $1,902,801 |
| Total liabilities | $2,100,123 |
| Net assets without donor restrictions | $27,993,259 |
| Net assets with donor restrictions | $9,533,470 |
| 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 | $39,626,852 |
Grants Awarded
Over the last fiscal year, Jewish Community Foundation Inc has awarded $3,291,598 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FEDERATION ANNUAL CAMPAIGN PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $432,140 |
JEWISH FEDERATION AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $1,388,925 |
LOCAL JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $416,328 |
LOCAL NON JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $194,512 |
NATIONAL NON JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $423,728 |
NATIONAL JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $379,451 |