Minneapolis Jewish Federation
- Assets
- $195.6m
- Revenue
- $22.4m
- Investments
- $33.5m
- Employees
- 41
- Location
- Minneapolis, MN
- Founding
- 03/1943
- Data as of
- 12/2021
- EIN
- 41-0693866
Organization Overview
Minneapolis Jewish Federation is located in Minneapolis, MN. The organization was established in 1943. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Minneapolis Jewish Federation employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minneapolis Jewish Federation 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, Minneapolis Jewish Federation generated $22.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $28.0m during the year ending 12/2021. While expenses have increased by 9.5% 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.
Since 2015, Minneapolis Jewish Federation has awarded 677 individual grants totaling $60,938,860. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE A CULTURE OF PHILANTHROPY, LEVERAGE RESOURCES TO MEET LOCAL AND GLOBAL JEWISH NEEDS AND FACILITATE COMMUNITY PLANNING TO ENSURE A THRIVING AND SECURE FUTURE.
Describe the Organization's Program Activity:
MINNEAPOLIS JEWISH FEDERATION IS A FEDERATED FUNDRAISER SUPPORTING PROGRAMS THAT BENEFIT APPROXIMATELY 33,000 JEWS IN THE GREATER MINNEAPOLIS AREA AND IN NATIONAL AND INTERNATIONAL COMMUNITIES. THE FEDERATION RAISES FUNDS THROUGH ANNUAL AND DIRECTED CAMPAIGNS TOPROVIDE MONEY FOR BENEFICIARY AGENCIES TO BUILD NEW AND UPGRADE EXISTING PROGRAMMING AND INFRASTRUCTURES IN THE GREATER MINNEAPOLIS JEWISH COMMUNITY. ADDITIONALLY, GRANTS ARE MADE TO VARIOUS CHARITIES THROUGHOUT THE UNITED STATES AND THE WORLD THROUGH ADVISED FUNDRECOMMENDATIONS AND GRANTS TO BENEFICIARY ORGANIZATIONS THAT ARE PART OF THE JEWISH COMMUNITY FOUNDATION, THE PLANNED GIVING AND ENDOWMENT DEPARTMENT OF MINNEAPOLIS JEWISH FEDERATION. FOR MORE INFORMATION ON THE IMPACT MINNEAPOLIS JEWISH FEDERATION HAS HAD ON THE COMMUNITY, PLEASE SEE THE CURRENT IMPACT REPORT AT WWW.JEWISHMINNEAPOLIS.ORG/WHO-WE-ARE/NUMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Cohen Chief Executive Officer | Officer | 40 | $313,673 |
Martin Lipshutz Coo/cfo | Officer | 40 | $170,535 |
Alene Sussman Foundation Director | 40 | $147,160 | |
Heather Ring Chief Development Officer-Outgoing | Officer | 40 | $140,607 |
Alyssa Golob Development Officer | 40 | $111,360 | |
Todd Leonard President | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $28 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $205,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,847,298 |
| Noncash contributions included in lines 1a–1f | $5,265,971 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,052,826 |
| Total Program Service Revenue | $0 |
| Investment income | $2,021,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,891,725 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,381,825 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,307,163 |
| Grants and other assistance to domestic individuals. | $286,569 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,570,991 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $704,973 |
| Compensation of current officers, directors, key employees. | $163,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,275,273 |
| Pension plan accruals and contributions | $51,749 |
| Other employee benefits | $127,822 |
| Payroll taxes | $200,712 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,943 |
| Fees for services: Accounting | $39,919 |
| Fees for services: Lobbying | $108,068 |
| Fees for services: Fundraising | $19,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $192,130 |
| Advertising and promotion | $67,776 |
| Office expenses | $98,247 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $205,216 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,624 |
| Interest | $16,628 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,110 |
| Insurance | $48,275 |
| All other expenses | $0 |
| Total functional expenses | $27,960,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,706,851 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,019,744 |
| Accounts receivable, net | $273,828 |
| Loans from Officers, Directors, or Controlling Persons | $86,224 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $237,966 |
| Net Land, buildings, and equipment | $69,858 |
| Investments—publicly traded securities | $129,851,913 |
| Investments—other securities | $33,509,493 |
| Investments—program-related | $87,086 |
| Intangible assets | $0 |
| Other assets | $14,787,718 |
| Total assets | $195,630,681 |
| Accounts payable and accrued expenses | $400,595 |
| Grants payable | $8,431,223 |
| Deferred revenue | $185,968 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $35,798,224 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $932,300 |
| Other liabilities | $2,813,353 |
| Total liabilities | $48,561,663 |
| Net assets without donor restrictions | $126,419,168 |
| Net assets with donor restrictions | $20,649,850 |
| 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 | $195,630,681 |
Grants Awarded
Over the last fiscal year, Minneapolis Jewish Federation has awarded $19,018,044 in support to 115 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: BIGOS CHARITY FUND | $6,445,917 |
Golden Valley, MN PURPOSE: GENERAL OPERATING SUPPORT, PJ LIBRARY PROGRAM, 2021 ANNUAL BENEFIT DONATION, HOLOCAUST SUVIVOR SUPPORT, HAG SAMEACH PROGRAM, SCHOLARSHIPS, EMERGENCY FINANCIAL ASSISTANCE, COVID-19 PANDEMIC SUPPORT | $1,318,486 |
Minneapolis, MN PURPOSE: HOLOCAUST EDUCTION, GENERAL OPERATING SUPPORT, COVID-19 PANDEMIC SUPPORT | $1,270,007 |
Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT, FELLOWSHIPS, CAPITAL CAMPAIGN, COVID-19 RESPONSE | $1,155,555 |
Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT, SPECIAL EDUCATION, CAMP SCHOLARSHIPS, THE BARRY ABELSON FAMILY ASSISTANCE INITIATIVE, CAMP TEKO, COVID-19 PANDEMIC RESPONSE | $1,121,115 |
Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT, SPECIAL EDUCATION, COVID-19 PANDEMIC RESPONSE | $1,011,736 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Minneapolis Jewish Federation has recieved totaling $127,083.
| Awarding Organization | Amount |
|---|---|
Moscoe Family Foundation Minnetonka, MN PURPOSE: GENERAL | $60,000 |
Mark And Lisa Ratner Family Foundation Inc Naples, FL PURPOSE: GENERAL SUPPORT | $33,333 |
Mark And Lisa Ratner Family Foundation Inc Naples, FL PURPOSE: GENERAL SUPPORT | $25,000 |
David J Weiner Foundation Minnetonka, MN PURPOSE: CIVIC | $8,500 |
Spiller L Chaim Fund Minneapolis, MN PURPOSE: GENERAL OPERATING GRANT | $250 |
Endowment Analysis
| Beg. Balance | $6,443,944 |
| Earnings | $1,062,472 |
| Admin Expense | $67,249 |
| Net Contributions | $6,298 |
| Grants | $269,305 |
| Ending Balance | $7,176,160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI | $57,056,595 | $64,052,238 |
Greater Twin Cities United Way Minneapolis, MN | $131,397,199 | $56,166,906 |
Aurora Health Care Foundation Inc Milwaukee, WI | $332,167,553 | $7,899,285 |
United Way Of Central Iowa Des Moines, IA | $37,480,917 | $26,442,012 |
Minneapolis Jewish Federation Minneapolis, MN | $195,630,681 | $22,381,825 |
Milwaukee Jewish Federation Inc Milwaukee, WI | $275,238,952 | $33,191,987 |
United Way Of Dane County Inc Madison, WI | $25,467,311 | $22,528,941 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Best Buy Foundation Richfield, MN | $56,998,788 | $22,106,255 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |