Menorah Heritage Foundation
- Assets
- $63.8m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- 03/2014
- Data as of
- 12/2021
- EIN
- 46-1165316
Organization Overview
Menorah Heritage Foundation is located in Overland Park, KS. The organization was established in 2014. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Menorah Heritage 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 12/2021, Menorah Heritage Foundation generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 7.4% 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, Menorah Heritage Foundation has awarded 544 individual grants totaling $14,582,604. 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
TO SUPPORT OTHER CHARITABLE ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), SPECIFICALLY INCLUDING THE JEWISH COMMUNITY FOUNDATION OF GREATER KANSAS CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPORT FOR CHARITABLE ORGANIZATIONS WHICH SERVE HUMAN NEEDS BY ADVANCING CONSTRUCTIVE PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Kaplan President | OfficerTrustee | 1 | $0 |
Michael Berenbom Vice President - Investmen | OfficerTrustee | 1 | $0 |
John Goldberg Immediate Past President | OfficerTrustee | 1 | $0 |
Michelle Goldsmith Vice President - Grants | OfficerTrustee | 1 | $0 |
Barbara Macarthur Secretary | OfficerTrustee | 1 | $0 |
Howard Mayer Executive Vice-President | OfficerTrustee | 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 | $36,596 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,596 |
| Total Program Service Revenue | $0 |
| Investment income | $912,871 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,931,141 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,880,608 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,744,350 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $171,554 |
| Fees for services: Other | $375,616 |
| Advertising and promotion | $0 |
| Office expenses | $692 |
| Information technology | $308 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $820 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,895 |
| Insurance | $4,422 |
| All other expenses | $0 |
| Total functional expenses | $3,301,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,130,262 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,893 |
| Net Land, buildings, and equipment | $2,272 |
| Investments—publicly traded securities | $61,698,223 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,841,650 |
| Accounts payable and accrued expenses | $100 |
| Grants payable | $97,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $0 |
| Total liabilities | $97,100 |
| Net assets without donor restrictions | $54,581,644 |
| Net assets with donor restrictions | $9,162,906 |
| 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 | $63,841,650 |
Grants Awarded
Over the last fiscal year, Menorah Heritage Foundation has awarded $2,711,700 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
Overland Park, KS PURPOSE: BLOCK GRANT | $618,500 |
Overland Park, KS PURPOSE: HERITAGE CENTER | $255,000 |
Overland Park, KS PURPOSE: COMMUNITY SECURITY | $200,000 |
Overland Park, KS PURPOSE: ROE RELIEF | $135,000 |
Overland Park, KS PURPOSE: FINANCIAL ASSISTANCE | $130,000 |
Overland Park, KS PURPOSE: FINANCIAL ASSISTANCE | $80,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Menorah Heritage Foundation has recieved totaling $22,783.
| Awarding Organization | Amount |
|---|---|
O Jack Printz Charitable Foundation Trust Fund Kansas City, MO PURPOSE: YEAR END DISTRIBUTION PER | $22,783 |
Endowment Analysis
| Beg. Balance | $3,943,440 |
| Earnings | $397,136 |
| Admin Expense | $23,225 |
| Grants | $300,000 |
| Ending Balance | $4,017,351 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Signatry Charitable Trust Overland Park, KS | $81,194,986 | $73,628,321 |
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK | $324,040,869 | $11,766,230 |
Jewish Federation Of Omaha Foundation Omaha, NE | $124,451,193 | $16,233,916 |
Bokf Foundation Tulsa, OK | $18,840,585 | $10,529,453 |
Mdc Richmond American Homes Foundation Denver, CO | $62,577,099 | $11,290,556 |
Goodwill Of Colorado Colorado Springs, CO | $19,789,763 | $4,278,008 |
Menorah Heritage Foundation Overland Park, KS | $63,841,650 | $6,880,608 |
Real Estate Charitable Foundation Kansas City, MO | $43,935,265 | $4,204,580 |
Annette And Paul Smith Charitable Fund Omaha, NE | $1,572,080 | $32,841 |
Eisenhower Foundation Abilene, KS | $2,688,727 | $3,166,180 |
K U Endowment Charitable Gift Fund Lawrence, KS | $7,536,763 | $373,150 |
William E Davis & Margaret H Davis Family Fund Of Okla City Community Oklahoma City, OK | $0 | $771,556 |