Jewish Cultural Endowment Inc is located in Palm Harbor, FL. The organization was established in 1988. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Cultural Endowment 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 03/2022, Jewish Cultural Endowment Inc generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $20.9k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO BE ENDOWED TO CHARITABLE ORGANIZATIONS THAT SUPPORT THE CENTER'S PURPOSE FOR ADVANCING THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISE FUNDS TO BE ENDOWED TO CHARITABLE ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shane Michael Treasurer | OfficerTrustee | 2 | $0 |
Robert Tankel Secretary | OfficerTrustee | 2 | $0 |
Stan Newmark Vice President | OfficerTrustee | 2 | $0 |
Michael Sobel President | OfficerTrustee | 2 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $7,318 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $361 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,679 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $19,500 |
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 | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $381 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $20,881 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $206,634 |
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 | $28,421 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $315,742 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $550,797 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
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 | $0 |
Net assets without donor restrictions | $550,797 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $550,797 |
Over the last fiscal year, Jewish Cultural Endowment Inc has awarded $26,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
CONGREGATION BETH SHALOM PURPOSE: Endowment | $7,000 |
CONGREGATION BETH SHALOM PURPOSE: Endowment | $7,000 |
AHAVAT SHALOM PURPOSE: Endowment | $6,000 |
AHAVAT SHALOM PURPOSE: Endowment | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
United Way Of Central Florida Inc Highland City, FL | $26,696,940 | $9,902,693 |
United Way Of The Coastal Empire Inc Savannah, GA | $26,438,024 | $9,161,083 |
United Way Of The Central Savannah River Area Inc Augusta, GA | $2,548,465 | $8,329,042 |
United Way Of The Chattahoochee Valley Inc Columbus, GA | $12,467,806 | $8,956,958 |
Town Of Palm Beach United Way Inc Palm Beach, FL | $16,686,552 | $8,087,830 |
The Jewish Federation Of Sarasota-Manatee Inc Sarasota, FL | $47,399,713 | $7,687,191 |
United Way Of North Central Florida Inc Gainesville, FL | $2,947,860 | $6,635,776 |
United Way Of Central Georgia Inc Macon, GA | $7,934,369 | $5,384,686 |
United Way Of Northwest Georgia Inc Dalton, GA | $13,956,777 | $6,588,564 |
United Way Of Collier And The Keys Inc Naples, FL | $8,185,176 | $3,289,127 |
United Way Of West Alabama Inc Tuscaloosa, AL | $5,814,204 | $4,810,618 |
Jewish Federation Of Jacksonville Inc Jacksonville, FL | $31,519,335 | $4,750,209 |