Jewish Community Foundation Of Southern Arizona
- Assets
- $154.4m
- Revenue
- $10.2m
- Investments
- $32.6m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 05/1993
- Data as of
- 12/2023
- EIN
- 86-0718936
Organization Overview
Jewish Community Foundation Of Southern Arizona is located in Tucson, AZ. The organization was established in 1993. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Community Foundation Of Southern Arizona 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 12/2023, Jewish Community Foundation Of Southern Arizona generated $10.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $18.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jewish Community Foundation Of Southern Arizona has awarded 461 individual grants totaling $55,998,593. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
JEWISH PHILANTHROPIES OF SOUTHERN ARIZONA (JPSA) IS COMMITTED TO ACHIEVING THE FULL POTENTIAL OF JEWISH PHILANTHROPY, NOW AND FOR FUTURE GENERATIONS. COMPRISED OF JEWISH FEDERATION OF SOUTHERN ARIZONA (JFSA OR FEDERATION) AND JEWISH COMMUNITY FOUNDATION (JCF), JPSA PROVIDES PLANNING, VISION, PROGRAMMING, AND FUNDING TO ADDRESS COMMUNITY-WIDE PRIORITIES INCLUDING JEWISH ENGAGEMENT, EDUCATION, OUTREACH, SECURITY, AND ADVOCACY. JCF PARTNERS WITH DONORS AND NON-PROFIT ORGANIZATIONS TO ACHIEVE THEIR PHILANTHROPIC GOALS. FUND HOLDERS BENEFIT FROM JCF'S PROFESSIONAL SERVICES INCLUDING FUND INVESTMENT, MANAGEMENT, REPORTING, GRANTING, AND FIELD OF INTEREST RESEARCH. JCF WORKS WITH INDIVIDUAL DONORS, OFTEN IN COLLABORATION WITH THEIR PROFESSIONAL ADVISORS, TO DEVELOP LEGACY PLANS TO FUND ENDOWMENTS THROUGH TESTAMENTARY PROVISIONS THROUGH THEIR WILLS, TRUSTS, LIFE INSURANCE POLICIES, AND OTHER ESTATE VEHICLES. JCF MANAGES ENDOWMENTS, DONOR ADVISED FUNDS, ORGANIZATION ENDOWMENTS, CUSTODIAL FUNDS,
Describe the Organization's Program Activity:
Part 3 - Line 4a
JCF'S DONOR-FOCUSED TEAM OF PROFESSIONALS PROVIDES A PERSONALIZED APPROACH AND A VARIETY OF OPTIONS FOR CHARITABLE AND PLANNED GIVING. AS A TRUSTED PARTNER, JCF PROVIDES EXPERT GUIDANCE, EDUCATION, REPORTING, AND FUND MANAGEMENT FOR INDIVIDUALS AND ORGANIZATIONS. IN 2023, JCF GRANTED AND DISTRIBUTED MILLIONS OF DOLLARS THROUGH DONOR ADVISED FUNDS, INDIVIDUAL ENDOWMENT FUNDS, AND ORGANIZATION FUNDS. AND DONORS AND ORGANIZATIONS ENTRUSTED JCF WITH MILLIONS OF DOLLARS IN NEW CONTRIBUTIONS. JCF MADE DISTRIBUTIONS TO MORE THAN 500 CHARITABLE ORGANIZATIONS THAT PROVIDE ESSENTIAL RESOURCES AND SERVICES SUCH AS TRANSPORTATION FOR AGING ADULTS, FOOD ASSISTANCE, ENGAGEMENT PROGRAMMING, JEWISH COMMUNITY SECURITY, EMERGENCY FINANCIAL ASSISTANCE, JEWISH EDUCATION, COUNSELING, AND MORE. THIS FUNDING SUPPORTS 501 (C)(3) AGENCIES AND ORGANIZATIONS IN SOUTHERN ARIZONA, THE UNITED STATES, AND AROUND THE WORLD. IN ADDITION TO PROVIDING FUNDING TO CHARITABLE ORGANIZATIONS, JCF PARTNERS WITH NONPROFITS TO ELEVATE AND EXPAND THEIR IMPACT. IN 2023, JCF HELPED TO STEWARD THE ENDOWMENT AND CUSTODIAL FUNDS OF DOZENS OF LOCAL NONPROFIT ORGANIZATIONS - BOTH JEWISH AND NON-JEWISH. TOGETHER THESE ORGANIZATION FUNDS, ALONG WITH SUPPORT FROM INDIVIDUAL DONOR ADVISED AND ENDOWMENT FUNDS HELD AT JCF, ENABLE CHARITABLE ASSETS TO GROW TO MEET CURRENT AND FUTURE NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Richman Interim CEO | Officer | 19 | $0 |
Kimberly Driskell CFO | Officer | 19 | $0 |
Jane Espinoza VP Of Fund S | 38 | $0 | |
Hava Leipzig Holzhauer CEO | Officer | 19 | $0 |
Jeff Artzi Chair Elect | OfficerTrustee | 3 | $0 |
Bruce Ash Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jewish Federation Of Southern Arizona Office Rent And Common Area Expense | 12/30/20 | $117,070 |
Sei Investments Co Investment Mgr | 12/30/20 | $433,171 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $68,074 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,672,030 |
| Noncash contributions included in lines 1a–1f | $963,635 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,740,104 |
| Total Program Service Revenue | $275,721 |
| Investment income | $2,762,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $976,911 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,195,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,618,767 |
| 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 | $887,005 |
| Fees for services: Legal | $2,221 |
| Fees for services: Accounting | $31,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $396,987 |
| Fees for services: Other | $135,593 |
| Advertising and promotion | $10,318 |
| Office expenses | $14,362 |
| Information technology | $54,780 |
| Royalties | $0 |
| Occupancy | $30,577 |
| Travel | $4,740 |
| 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 | $16,900 |
| Insurance | $24,384 |
| All other expenses | $0 |
| Total functional expenses | $18,239,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $873,076 |
| Savings and temporary cash investments | $18,187,821 |
| 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 | $75,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,205 |
| Net Land, buildings, and equipment | $50,700 |
| Investments—publicly traded securities | $86,343,065 |
| Investments—other securities | $32,634,090 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,227,693 |
| Total assets | $154,434,650 |
| Accounts payable and accrued expenses | $237,763 |
| Grants payable | $1,350,834 |
| 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 | $43,009,977 |
| Total liabilities | $44,598,574 |
| Net assets without donor restrictions | $94,306,586 |
| Net assets with donor restrictions | $15,529,490 |
| 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 | $154,434,650 |
Grants Awarded
Over the last fiscal year, Jewish Community Foundation Of Southern Arizona has awarded $16,115,041 in support to 150 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION INC PURPOSE: GENERAL SUPPORT | $6,450 |
ALPHA EPSILON PI FOUNDATION PURPOSE: GENERAL SUPPORT | $5,500 |
AMERICA-ISRAEL DEMOCRACY COALITION PURPOSE: GENERAL SUPPORT | $21,500 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $60,000 |
AMERICAN COMMITTEE FOR THE WEIZMANN PURPOSE: GENERAL SUPPORT | $27,600 |
AMERICAN FRIENDS OF LATET HUMANITAR PURPOSE: GENERAL SUPPORT | $7,500 |