Houston Jewish Community Foundation
- Assets
- $219.9m
- Revenue
- $24.0m
- Investments
- $11.6m
- Employees
- 6
- Location
- Houston, TX
- Founding
- 07/1986
- Data as of
- 08/2021
- EIN
- 76-0187329
Organization Overview
Houston Jewish Community Foundation is located in Houston, TX. The organization was established in 1986. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 08/2021, Houston Jewish Community Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Jewish Community 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 08/2021, Houston Jewish Community Foundation generated $24.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $18.8m during the year ending 08/2021. While expenses have increased by 3.1% per year over the past 6 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, Houston Jewish Community Foundation has awarded 1,512 individual grants totaling $136,377,065. 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
THE HOUSTON JEWISH COMMUNITY FOUNDATION IS A DONOR-CENTERED COMMUNITY FOUNDATION WHICH SEEKS TO PERPETUATE JEWISH VALUES AND INSTITUTIONS THROUGH THE ACQUISITION, PROFESSIONAL MANAGEMENT, AND DISTRIBUTION OF CHARITABLE RESOURCES.
Describe the Organization's Program Activity:
SEE SCHEDULE OTHE HOUSTON JEWISH COMMUNITY FOUNDATION (THE FOUNDATION) WAS ESTABLISHED IN 1985 AND HAS HELPED INDIVIDUALS AND FAMILIES ALIKE ACHIEVE THEIR PHILANTHROPIC DREAMS BY ENABLING THEM TO ENSURE THAT THE COMMUNITY'S NEEDS ARE MET NOW, AND FOR GENERATIONS TO COME IN LASTING AND MEANINGFUL WAYS. MORE THAN THIRTY YEARS LATER, THE FOUNDATION MANAGES OVER $285 MILLION IN ASSETS AND HAS MATURED INTO A TRUE COMMUNITY FOUNDATION, ADMINISTERING FUNDS DONATED BY INDIVIDUALS AND ORGANIZATIONS FOR THE BENEFIT OF THE GREATER HOUSTON AND NATIONAL COMMUNITIES. THE FOUNDATION HAS A LONG-TERM APPROACH TO CHARITABLE GIVING WHICH FACILITATES THE CHARITABLE INTENTIONS OF DONORS DURING AND BEYOND THEIR LIFETIMES. BY WORKING WITH PROFESSIONAL ADVISORS, THE FOUNDATION IS ABLE TO DEVELOP INNOVATIVE PHILANTHROPIC STRATEGIES WITH OPTIMAL TAX BENEFITS THAT HELP DONORS CREATE THEIR OWN PERSONAL LEGACY.THE FOUNDATION IS STRUCTURED TO ADVISE ON AND RECEIVE GIFTS OF CASH, STOCK, BONDS, LIFE INSURANCE, REAL ESTATE, AND OTHER PROPERTY, AND FACILITATES THE CREATION AND ADMINISTRATION OF DONOR ADVISED FUNDS, SUPPORTING ORGANIZATIONS, AND ENDOWMENTS. THE FUNDS ARE PROFESSIONALLY MANAGED TO ENSURE THAT DONORS RECEIVE THE GREATEST BENEFIT FROM THEIR CHARITABLE CONTRIBUTIONS AND TO ENSURE PHILANTHROPIC DOLLARS ARE USED TO THE FULLEST EXTENT. THE INVESTMENT COMMITTEE OF THE FOUNDATION MONITORS AND EVALUATES THE OUTSIDE INVESTMENT CONSULTING FIRM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis Kalmans Vice Chair/treasurer | OfficerTrustee | 1 | $0 |
Rob Shoss Secretary | OfficerTrustee | 5 | $0 |
Jay Kaplan Chair | OfficerTrustee | 5 | $0 |
Roberta Herman-Dietrich Executive Director | Officer | 37 | $0 |
David Aaronson Trustee | Trustee | 1 | $0 |
Susan Bass Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,847,743 |
| Government grants | $103,028 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,013,471 |
| Noncash contributions included in lines 1a–1f | $7,931,470 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,964,242 |
| Total Program Service Revenue | $347,017 |
| Investment income | $2,338,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $52,646 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,666,171 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,014,170 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,331,643 |
| 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 | $617,046 |
| Pension plan accruals and contributions | $14,923 |
| Other employee benefits | $58,191 |
| Payroll taxes | $49,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $133,055 |
| Fees for services: Other | $18,045 |
| Advertising and promotion | $15,536 |
| Office expenses | $82,591 |
| Information technology | $39,428 |
| 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 | $2,547 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $207,641 |
| All other expenses | $629 |
| Total functional expenses | $18,829,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363,726 |
| Savings and temporary cash investments | $2,294 |
| Pledges and grants receivable | $143,537 |
| 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 | $5,628 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $205,659,728 |
| Investments—other securities | $11,649,439 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,088,783 |
| Total assets | $219,913,135 |
| Accounts payable and accrued expenses | $48,139 |
| Grants payable | $241,300 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $63,870,245 |
| 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 | $555,890 |
| Total liabilities | $64,715,574 |
| Net assets without donor restrictions | $148,274,933 |
| Net assets with donor restrictions | $6,922,628 |
| 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 | $219,913,135 |
Grants Awarded
Over the last fiscal year, Houston Jewish Community Foundation has awarded $15,667,990 in support to 170 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: General Support | $2,223,281 |
Houston, TX PURPOSE: General Support | $1,899,450 |
Houston, TX PURPOSE: Charitable purposes - see Schedule O | $1,825,000 |
UT MD ANDERSON PURPOSE: General Support | $1,296,230 |
Houston, TX PURPOSE: General Support | $1,247,842 |
CONGREGATION BETH ISRAEL PURPOSE: General Support | $533,250 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Houston Jewish Community Foundation has recieved totaling $1,870,770.
| Awarding Organization | Amount |
|---|---|
Naomi And Martin Warren Family Foundation Houston, TX PURPOSE: EDUCATION | $1,744,165 |
Meyer And Ida Gordon Foundation 2 Houston, TX PURPOSE: TO HELP THE ORGANIZATION IN FULFILLING THE PURPOSE FOR WHICH IT WAS CREATED. | $50,000 |
Meyer And Ida Gordon Foundation Houston, TX PURPOSE: GENERAL PURPOSE | $35,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $23,000 |
Soref-Breslauer Texas Foundation Sugar Land, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Holthouse Foundation For Kids Houston, TX PURPOSE: OPERATING SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $154,407,065 |
| Earnings | $23,073,940 |
| Admin Expense | $1,396,523 |
| Net Contributions | $20,367,009 |
| Other Expense | $36,060 |
| Grants | $18,460,018 |
| Ending Balance | $177,955,413 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Antonio Area Foundation San Antonio, TX | $587,345,748 | $192,937,536 |
The Greater New Orleans Foundation New Orleans, LA | $406,748,750 | $50,799,913 |
Arkansas Community Foundation Inc Little Rock, AR | $560,797,819 | $112,679,416 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of North Texas Fort Worth, TX | $520,525,998 | $72,575,782 |
Baton Rouge Area Foundation Baton Rouge, LA | $293,247,071 | $35,030,558 |
Astros Golf Foundation Houston, TX | $9,630,590 | $24,941,045 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |
El Paso Community Foundation El Paso, TX | $84,044,216 | $21,715,289 |
Dallas Jewish Community Foundation Dallas, TX | $257,889,567 | $62,022,140 |
Excellerate Foundation Rogers, AR | $1,422,117 | $18,582,776 |