Jack G Buncher Charitable Fund Forthe Amer Jewish Joint Dist Committe
- Assets
- $15.9m
- Revenue
- $1.3m
- Investments
- $15.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-4393253
Organization Overview
Jack G Buncher Charitable Fund Forthe Amer Jewish Joint Dist Committe is located in New York, NY. The organization was established in 2007. 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. Jack G Buncher Charitable Fund Forthe Amer Jewish Joint Dist Committe 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, Jack G Buncher Charitable Fund Forthe Amer Jewish Joint Dist Committe generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO ADVANCE THE MISSION AND PROGRAMS OF THE AMERICAN JEWISH JOINT DISTRIBUTION (CONT ON SCH O) COMMITTEE, INC., PROGRAMS RELATING TO: CHILDREN IN CRISES, ELDERLY, YOUNG PARENTS & OTHER ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JEWISH COMMUNITY DEVELOPMENT - PROVIDING THOUSANDS OF JEWS OF ALL AGES IN FSU, EUROPE AND LATIN AMERICA WITH THE TOOLS AND RESOURCES THEY NEED TO CREATE A FLOURISHING JEWISH LIFE; ASSISTING ONGOING WORK TO STRENGTHEN LOCAL JEWISH COMMUNITIES IN EASTERN AND CENTRAL EUROPE AND FSU BY PURSUING THREE GOALS: ENGAGING JEWS WHO ARE DISCONNECTED FROM THEIR TRADITION, NURTURING VIBRANT LOCAL INSTITUTIONS, AND ENCOURAGING LOCAL COMMUNITIES TO CARE FOR THEIR VULNERABLE MEMBERS, WITH THE GOAL OF DEVELOPING THEIR CAPACITY IN THIS AREA.
RESPONSE TO COVID-19 CRISIS AND GENERAL WELFARE - HELPING COMMUNITIES ACROSS EUROPE, FORMER SOVIET UNION (FSU), LATIN AMERICA, AFRICA AND TURKEY RESPOND BY REACHING OUT TO THEIR MEMBERS WHO FACED SUDDEN POVERTY AS THE RESULT OF LOST JOBS AND BUSINESSES; HELPING MEMBERS OF THOSE COMMUNITIES BEFORE THEY FALL INTO DEEP POVERTY AND DEBT TO GIVE THEM A CHANCE OF BOUNCING BACK WHEN THE ECONOMY IMPROVES; RENOVATING THE OLD AGE HOME IN MOROCCO.
RESILIENCE AND SECURITY - HELPING JEWISH COMMUNITIES AROUND THE WORLD FACE AN ALARMING RISE IN ANTISEMITIC INCIDENTS, ACTS OF TERRORISM, AND ECONOMIC AND POLITICAL INSTABILITY; IMPROVE COMMUNITIES' ABILITY IN TIMES OF CRISIS AND IN ITS AFTERMATH TO UTILIZE THEIR RESOURCES, ADAPT TO ENVIRONMENTAL CHANGES, AND CONTINUE TO FUNCTION AND PROVIDE KEY COMMUNAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Rabin Secretary | OfficerTrustee | 1 | $0 |
Ophir Singal Treasurer | OfficerTrustee | 1 | $0 |
Mark Sisisky President | OfficerTrustee | 1 | $0 |
Asher Ostrin Vice President (thru 11/15/21) | OfficerTrustee | 1 | $0 |
Ariel Zwang Vice President | OfficerTrustee | 1 | $0 |
Thomas J Balestrieri 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 | $500,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500,000 |
| Total Program Service Revenue | $0 |
| Investment income | $708,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $130,442 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,338,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,150,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,150,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $15,865,305 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,865,305 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $15,865,305 |
| 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 | $15,865,305 |
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