Jewish Foundation Of Greater New Haven Inc
- Assets
- $82.7m
- Revenue
- $6.2m
- Investments
- $80.9m
- Employees
- 4
- Location
- Woodbridge, CT
- Founding
- 11/2012
- Data as of
- 12/2021
- EIN
- 45-2403156
Organization Overview
Jewish Foundation Of Greater New Haven Inc is located in Woodbridge, CT. The organization was established in 2012. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Jewish Foundation Of Greater New Haven Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Foundation Of Greater New Haven Inc 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, Jewish Foundation Of Greater New Haven Inc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 16.8% 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, Jewish Foundation Of Greater New Haven Inc has awarded 315 individual grants totaling $9,367,236. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE JEWISH FOUNDATION OF GREATER NEW HAVEN, INC. SOLICITS AND MANAGES ENDOWMENT FUNDS AND PLANNED GIFTS FOR THE JEWISH FEDERATION OF GREATER NEW HAVEN AND FOR AREA SYNAGOGUES AND JEWISH ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JEWISH FOUNDATION WORKS WITH AREA JEWISH AGENCIES, THE JEWISH FEDERATION, AND AREA SYNAGOGUES TO SOLICIT NEW CHARITABLE ENDOWMENTS, MANAGE AND DISTRIBUTE FROM CURRENT ENDOWMENTS, AND STEWARD DONORS. THE FOUNDATION ALSO LEADS LOCAL PROJECTS AND INITIATIVES INCLUDING THE CREATE A JEWISH LEGACY INITIATIVE, WOMEN OF VISION SOCIETY, BUILD A TZEDAKAH, AND THE JEWISH SCHOLARSHIP INITIATIVE.THE JEWISH FOUNDATION, TOGETHER WITH THE JEWISH FEDERATION, MANAGED A COVID-19 RESPONSE GRANTS INITIATIVE, RAISING MONIES FOR AND DEPLOYING OVER $500,000 IN GRANTS FOR CRITICAL HUMAN NEEDS. IN ADDITION,THE JEWISH FOUNDATION MANAGES AND DEPLOYS SECURITY GRANTS FOR AREA JEWISH ORGANIZATIONS AND SYNAGOGUES, AS WELL AS THE GRANTS FOR THE JEWISH ELDERLY AND WOMEN OF VISION SOCIETY INITIATIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanger Lisa Executive Director | Officer | 40 | $145,178 |
Hurwitzscott Chair | OfficerTrustee | 1 | $0 |
Ravid Eric Treasurer | Officer | 1 | $0 |
Fleischman Steve Federation President | Trustee | 1 | $0 |
August Stephen Investment Chair | Trustee | 1 | $0 |
Lewis Shaffer Trustee | 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 | $2,025,742 |
| Noncash contributions included in lines 1a–1f | $721,450 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,025,742 |
| Total Program Service Revenue | $3,525,175 |
| Investment income | $625,285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,191,311 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,804,428 |
| 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. | $145,177 |
| Compensation of current officers, directors, key employees. | $112,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $214,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,922 |
| Payroll taxes | $27,587 |
| 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 | $99,119 |
| Advertising and promotion | $29,235 |
| 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 | $1,391 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,396,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,263 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $913 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,408,753 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,286 |
| Net Land, buildings, and equipment | $5,409 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $80,874,878 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $271,515 |
| Total assets | $82,672,017 |
| Accounts payable and accrued expenses | $81,294 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $16,484,439 |
| 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 | $494,054 |
| Total liabilities | $17,059,787 |
| Net assets without donor restrictions | $6,385,541 |
| Net assets with donor restrictions | $59,226,689 |
| 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 | $82,672,017 |
Grants Awarded
Over the last fiscal year, Jewish Foundation Of Greater New Haven Inc has awarded $1,306,884 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
Woodbridge, CT PURPOSE: CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND & GRANT FROM UNRESTRICTED FUNDS | $208,087 |
New Haven, CT PURPOSE: CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND | $120,086 |
Orange, CT PURPOSE: CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND | $84,716 |
New Haven, CT PURPOSE: CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND | $68,831 |
Madison, CT PURPOSE: CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND | $58,636 |
New York, NY PURPOSE: CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND | $39,280 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Jewish Foundation Of Greater New Haven Inc has recieved totaling $214,660.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $150,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $50,000 |
David A Beckerman Foundation Inc New Haven, CT PURPOSE: CONTRIBUTION TO SUPPORT 501(C)3 PURPOSE | $13,880 |
Morris & Sylvia Trachten Family Foundation Wilmington, DE PURPOSE: ANONYMOUS SUPPORT OF WOMEN IN NEED | $500 |
Morris & Sylvia Trachten Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $180 |
David L Lieb Foundation Inc New York, NY PURPOSE: CHARITABLE | $100 |
Endowment Analysis
| Beg. Balance | $43,921,721 |
| Earnings | $9,955,905 |
| Admin Expense | $469,308 |
| Net Contributions | $1,174,329 |
| Grants | $1,400,494 |
| Ending Balance | $53,182,154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Word Of Life Foundation Inc Schroon Lake, NY | $29,167,251 | $32,657,621 |
United States Catholic Conference Braintree, MA | $123,922,758 | $12,241,413 |
Episcopal Church Foundation New York, NY | $650,053,865 | $6,623,247 |
American Friends Of Lev Aharon New York, NY | $614,615 | $3,691,815 |
Jewish Foundation Of Greater New Haven Inc Woodbridge, CT | $82,672,017 | $6,191,311 |
Friends Of Odyssey Impact Inc New York, NY | $9,035,601 | $1,158,270 |
Trustees Of Colt Bequest Inc Hartford, CT | $74,046,070 | $7,649,069 |
Icny Land Owner Corporation New York City, NY | $36,528,101 | $2,265,710 |
Shuvi Nafshi Foundation Inc Brooklyn, NY | $171,733 | $1,661,417 |
Jem Foundation Inc Brooklyn, NY | $1,781,037 | $2,083,795 |
American Friends Of Migdal Torah Inc Brooklyn, NY | $316,032 | $1,219,610 |
Chaim Larachamin Foundation Brooklyn, NY | $0 | $999,350 |