Jack Joseph And Morton Mandel Foundation
- Assets
- $0.0
- Revenue
- $185.9m
- Investments
- $2.1b
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 12/1965
- Data as of
- 12/2020
- EIN
- 34-6546418
Organization Overview
Jack Joseph And Morton Mandel Foundation is located in Cleveland, OH. The organization was established in 1965. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 Joseph And Morton Mandel 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 12/2020, Jack Joseph And Morton Mandel Foundation generated $185.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $201.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jack Joseph And Morton Mandel Foundation has awarded 589 individual grants totaling $530,216,607. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jehuda Reinharz CEO & President | 40 | $980,000 | |
Stephen H Hoffman Chairman | 5 | $515,000 | |
Theodore Sasson Director Of Programs | 40 | $328,000 | |
Jethro Berkman Program Officer | 40 | $175,000 | |
Eva Heinstein Sr. Research Fellow | 40 | $143,450 | |
Liana Brodsky Associate Director | 40 | $117,463 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Parkwood Trust Company | 12/30/21 | $8,808,082 |
Daniel Pekarsky | 12/30/21 | $203,733 |
Miriam Beth Raider-roth | 12/30/21 | $116,349 |
Suzanne Marie Bojdak | 12/30/21 | $50,000 |
Katherine G Simon | 12/30/21 | $65,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,900,025 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,167,914 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,242,988 |
| Total Revenue | $185,931,806 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $975,700 |
| Pension plans, employee benefits | $102,731 |
| Depreciation | $14,104 |
| Occupancy | $136,047 |
| Travel, conferences, and meetings | $194,446 |
| Printing and publications | $39,397 |
| Total operating and administrative expenses | $35,245,486 |
| Contributions, gifts, grants paid | $165,953,205 |
| Total expenses and disbursements | $201,198,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,072,515,184 |
| Other assets | $8,198,028 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,013,690 |
Grants Awarded
Over the last fiscal year, Jack Joseph And Morton Mandel Foundation has awarded $198,302,397 in support to 265 organizations.
| Grant Recipient | Amount |
|---|---|
MANDEL FOUNDATION - ISRAEL PURPOSE: ANNUAL OPERATING SUPPORT | $38,796,200 |
JACK JOSEPH AND MORTON MANDEL SUPPORTING FND PURPOSE: PROGRAM SUPPORT | $37,576,008 |
Cleveland, OH PURPOSE: ENDOWMENT FUNDING | $18,000,000 |
MANDEL SCHOOL FOR EDUCATIONAL LEADERSHIP PURPOSE: ANNUAL OPERATING SUPPORT | $11,991,500 |
MANDEL SCHOOL FOR EDUCATIONAL LEADERSHIP PURPOSE: ANNUAL OPERATING SUPPORT | $11,406,551 |
Cleveland, OH PURPOSE: ENDOWMENT FUNDING | $7,500,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jack Joseph And Morton Mandel Foundation has recieved totaling $115,710.
| Awarding Organization | Amount |
|---|---|
American Friends Of The Tel Aviv University Inc New York, NY PURPOSE: Grant | $115,710 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pew Memorial Trust Philadelphia, PA | $3,258,905,531 | $312,519,832 |
Jack Joseph And Morton Mandel Foundation Cleveland, OH | $0 | $185,931,806 |
Kresge Foundation Troy, MI | $4,221,623,029 | $288,149,512 |
J E Barbey 8 Tenacre Foundation Pittsburgh, PA | $817,905 | $68,136,758 |
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |