Jaffe Charitable Foundation is located in Pepper Pike, OH. The organization was established in 1958. 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. Jaffe Charitable 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 06/2023, Jaffe Charitable Foundation generated $20.3k 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 (5.3%) each year. All expenses for the organization totaled $27.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jaffe Charitable Foundation has awarded 238 individual grants totaling $263,391. 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
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Jacobs Administrato | 0 | $0 | |
Daniel Jaffe Trustee | 0 | $0 | |
Anne Jacobs Trustee | 0 | $0 | |
David Jaffe Trustee | 0 | $0 | |
Marc Jaffe Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $39 |
Interest on Savings | $5,394 |
Dividends & Interest | $14,884 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $20,317 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $246 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $22 |
Total operating and administrative expenses | $2,402 |
Contributions, gifts, grants paid | $24,666 |
Total expenses and disbursements | $27,068 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,269 |
Savings and temporary cash investments | $4,278 |
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 | $0 |
Total assets | $405,990 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Over the last fiscal year, Jaffe Charitable Foundation has awarded $24,666 in support to 25 organizations.
Grant Recipient | Amount |
---|---|
AISH HATORAH PURPOSE: RELIGIOUS | $250 |
AMERICAN SOCIETY FOR PROTECTION OF PURPOSE: RELIGIOUS | $200 |
CHABAD PURPOSE: RELIGIOUS | $100 |
CHESED SHEL EMETH PURPOSE: RELIGIOUS | $50 |
CONGREGATION SHOMER SHABBOS PURPOSE: RELIGIOUS | $500 |
FRIENDS OF ISRAEL PURPOSE: RELIGIOUS | $100 |