Jewish Federation Of Palm Beach County Inc
- Assets
- $188.6m
- Revenue
- $41.0m
- Investments
- $92.1m
- Employees
- 112
- Location
- West Palm Beach, FL
- Founding
- 08/1965
- Data as of
- 06/2021
- EIN
- 59-0948696
Organization Overview
Jewish Federation Of Palm Beach County Inc is located in West Palm Beach, FL. The organization was established in 1965. 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 06/2023, Jewish Federation Of Palm Beach County Inc employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Federation Of Palm Beach County 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 06/2021, Jewish Federation Of Palm Beach County Inc generated $41.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $37.2m during the year ending 06/2021. While expenses have increased by 6.2% 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 Federation Of Palm Beach County Inc has awarded 1,097 individual grants totaling $129,288,579. 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 STRENGTHEN JEWISH IDENTITY, ENERGIZE THE RELATIONSHIP WITH ISRAEL AND MEETING HUMAN NEEDS THAT ARE UNIQUELY THE OBLIGATION OF THE JEWISH COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEDERATION OPERATING PROGRAMS - THE JEWISH FEDERATION OF PALM BEACH RUNS PROGRAMMING TO EDUCATE THE COMMUNITY ON A VARIETY OF CAUSES. PROGRAMMING IS CONTINUOUSLY EVOLVING BASED ON THE PRESSING NEEDS OR OPPORTUNITIES THAT ARISE. INCLUDED IN SUCH PROGRAMMING IS MOSAIC, WHICH PRODUCES A TELEVISION SHOW HIGHLIGHTING LOCAL, NATIONAL AND INTERNATIONAL JEWISH ISSUES AND THEIR IMPACT ON THE LOCAL JEWISH COMMUNITY. IN ADDITION, THE FEDERATION DEVELOPS MISSIONS TO PROVIDE CONTENT RICH TRAVEL EXPERIENCES THAT HIGHLIGHT THE BREATH AND DEPTH OF THE PROJECTS AND PROGRAMS THAT THE FEDERATION SUPPORTS IN ISRAEL AND OVERSEAS.
COMMUNITY PROGRAM CENTER - THE JEWISH FEDERATION OF PALM BEACH HAS IN-HOUSE PROGRAMS SERVICING THE PALM BEACH JEWISH COMMUNITIES MOST PRESSING NEEDS. PROGRAMMING INCLUDES: (1) JEWISH COMMUNITY RELATIONS COUNCIL, WHICH PROMISES A SECURE JEWISH COMMUNITY, LOCALLY AND OVERSEAS; COMBATS ANTISEMITISM, DISCRIMINATION AND BIGOTRY; AND CHAMPIONS A JUST AND PLURALISTIC SOCIETY; (2) MANDEL CENTER FOR LEADERSHIP DEVELOPMENT, WHICH DEVELOPS STRONG COMMUNITIES THROUGH INVESTING IN PEOPLE (PROFESSIONALS AND LAY LEADERSHIP); AND (3) CAREER CONNECTIONS AND RESOURCES, WHICH ASSISTS LOCAL RESIDENTS WITH CAREER COUNSELING AND JOB-SEEKING SUPPORT.
JEWISH COMMUNITY ENGAGEMENT - ENGAGING OPPORTUNITIES TO ENGAGE THE COMMUNITY IN JEWISH LEARNING AND VOLUNTEERING THROUGH THE FRIEDMAN COMMISSION FOR JEWISH EDUCATION AND THE JEWISH VOLUNTEER CENTER. PROGRAMMING INCLUDES COMMUNITY VOLUNTEER OPPORTUNITIES, PJ LIBRARY, THE FLORENCE MELTON SCHOOL OF ADULT JEWISH LEARNING, JEWISH TEEN INITIATIVE AND SPECIAL NEEDS PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hoffman Chief Executive Officer | Officer | 53 | $366,622 |
Matthew Kernkraut Chief Development Officer | Officer | 43 | $303,747 |
Kathy Sigall Chief Financial Officer | Officer | 43 | $230,367 |
Mindy Hanken Chief Program Officer | Officer | 43 | $206,696 |
Leah Holczer Vice President, Finance | 43 | $152,574 | |
Rachel Berg Vp, Women's Philanthropy | 43 | $148,827 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tactical Security Consultants Inc Security | 6/29/23 | $924,203 |
Gil Travel Transportation | 6/29/23 | $476,529 |
Wexner Foundation Professional Deve. | 6/29/23 | $175,000 |
Pc Connection Sales Corporation Information Tech. | 6/29/23 | $155,225 |
Board Of Jewish Education Inc Professional Deve. | 6/29/23 | $148,626 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,829,153 |
| Investment income | $1,962,219 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,576,477 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,996,005 |
| Statement of Expenses | |
|---|---|
| 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. | $625,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,318,942 |
| Pension plan accruals and contributions | $420,511 |
| Other employee benefits | $874,912 |
| Payroll taxes | $415,153 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $78,326 |
| Fees for services: Accounting | $50,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,384 |
| Fees for services: Other | $0 |
| Advertising and promotion | $165,514 |
| Office expenses | $223,996 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,067 |
| Travel | $11,955 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $612,062 |
| Interest | $170,707 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,086,024 |
| Insurance | $46,102 |
| All other expenses | $0 |
| Total functional expenses | $37,200,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,833,643 |
| Pledges and grants receivable | $9,051,187 |
| Accounts receivable, net | $4,009,909 |
| Loans from Officers, Directors, or Controlling Persons | $69,039 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,394,567 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $283,351 |
| Investments—publicly traded securities | $40,130,882 |
| Investments—other securities | $92,104,334 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $368,762 |
| Total assets | $188,649,798 |
| Accounts payable and accrued expenses | $752,366 |
| Grants payable | $3,100,000 |
| Deferred revenue | $5,470 |
| 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 | $11,842,105 |
| Unsecured mortgages and notes payable | $2,826,596 |
| Other liabilities | $22,220,193 |
| Total liabilities | $40,746,730 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $147,903,068 |
Grants Awarded
Over the last fiscal year, Jewish Federation Of Palm Beach County Inc has awarded $17,145,370 in support to 122 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET Y PURPOSE: GENERAL SUPPORT | $25,000 |
ALLIANCE FOR MIDDLE EAST PEACE INC PURPOSE: GENERAL SUPPORT | $20,000 |
ALZHEIMER'S DISEASE & RELATED DISORDERS PURPOSE: GENERAL SUPPORT | $25,500 |
ALZHEIMER'S DRUG DISCOVERY FOUNDATION PURPOSE: GENERAL SUPPORT | $31,800 |
AMERICAN FRIENDS OF BETH HATEFUTSOTH PURPOSE: GENERAL SUPPORT | $35,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL SUPPORT | $42,800 |