Jsl Foundation

Organization Overview

Jsl Foundation is located in Southfield, MI. The organization was established in 1987. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jsl 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 05/2023, Jsl Foundation generated $11.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $6.6m during the year ending 05/2023. While expenses have increased by 6.5% per year over the past 8 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.

Since 2015, Jsl Foundation has awarded 41 individual grants totaling $35,706,421. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

WE NURTURE A SENSE OF COMMUNITY AND ENRICH THE LIVES OF OLDER ADULTS, WHILE EMBRACING JEWISH VALUES AND CELEBRATING LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPORT TO JEWISH SENIOR LIFE OF METROPOLITAN DETROIT AND OTHER RELATED ENTITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Rosenthal
Governance Chair
$0
Mark Kowalsky
President
$0
Carolyn Cohen
Vice President
$0
Jason Fisher
Vice President
$0
Brian Raznick
Vice President
$0
Jeffrey Fleischman
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$3,163,312
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,102,896
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,266,208
Total Program Service Revenue$0
Investment income $1,227,755
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $58,250
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $235,545
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,797,030

Grants Awarded

Over the last fiscal year, Jsl Foundation has awarded $6,388,111 in support to 5 organizations.

Grant RecipientAmount

JEWISH HOME AND AGING SERVICES

PURPOSE: TO SUPPORT RESIDENT SUBSIDIES AT FLEISCHMAN RESIDENCE.

$2,675,585

JEWISH HOME SERVICES

PURPOSE: TO SUPPORT RESIDENTS BY PROVIDING CATERING SUBSIDIES FOR LOW INCOME RESIDENT

$2,843,243

JEWISH APARTMENTS & SERVICES INC

PURPOSE: TO SUPPORT THE ORGANIZATION AND OBTAIN ADDITIONAL FEDERAL FUNDING.

$810,560

JAS NON-PROFIT HOUSING CORPORATION VI

PURPOSE: TO SUPPORT RESIDENT SUBSIDIES AT MEER RESIDENCE.

$37,795

JFA NON-PROFIT HOUSING CORPORATION

PURPOSE: TO SUPPORT RESIDENT SUBSIDIES AT HECHTMAN II RESIDENCE.

$20,928
View Grant Profile

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