The Steinhardt Foundation For Jewish Life Inc
- Assets
- $758.3k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1994
- Data as of
- 08/2023
- EIN
- 13-3731980
Organization Overview
The Steinhardt Foundation For Jewish Life Inc is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steinhardt Foundation For Jewish Life 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 08/2023, Steinhardt Foundation For Jewish Life Inc generated $1.5m 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 (5.6%) each year. All expenses for the organization totaled $1.9m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Steinhardt Foundation For Jewish Life Inc has awarded 26 individual grants totaling $657,153. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STEINHARDT FOUNDATION FOR JEWISH LIFE WORKS TO REVITALIZE JEWISH IDENTITY IN NORTH AMERICA THROUGH DESIGNING, LAUNCHING, AND SUPPORTING INNOVATIVE EDUCATIONAL AND CULTURAL INITIATIVES THAT SEEK TO ENGAGE ALL JEWS IN THE POSSIBILITIES OF JEWISH LIFE. THE FOUNDATION'S PHILANTHROPY SEEKS TO PROMOTE JEWISH PRIDE AND BUILD CONNECTIONS WITH THE RICHNESS OF JEWISH CIVILIZATION AND RITUAL, THE HEBREW LANGUAGE, AND THE LIFE AND CULTURE OF ISRAEL. THE GOAL OF THE FOUNDATION IS THE CULTIVATION OF A DYNAMIC AND THRIVING JEWISH COMMUNITY WHOSE CONTRIBUTIONS TO THE WIDER SOCIETY ARE INSPIRED BY JEWISH PRIDE BUILT ON JEWISH PEOPLEHOOD, EXCELLENCE, AND JOY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Steinhardt Chair | 1 | $0 | |
Sara Bloom Vice Chair | 1 | $0 | |
David Gedzelman President & Secretary | 50 | $423,110 | |
Eli Schaap Vice President & Treasurer | 40 | $56,738 | |
David Steinhardt Director | 1 | $0 | |
Judy Steinhardt Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Perlman & Perlman Llc | 8/30/20 | $141,023 |
Bbmg Holdingllc | 8/30/20 | $135,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,107,245 |
| Interest on Savings | $6,510 |
| Dividends & Interest | $0 |
| Net Rental Income | $44,429 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,527,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $479,848 |
| Other employee salaries and wages | $102,531 |
| Pension plans, employee benefits | $478,715 |
| Interest | $0 |
| Taxes | $305 |
| Depreciation | $0 |
| Occupancy | $472,915 |
| Travel, conferences, and meetings | $18,978 |
| Printing and publications | $2,351 |
| Other expenses | $115,111 |
| Total operating and administrative expenses | $1,911,091 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $1,921,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,435 |
| Savings and temporary cash investments | $414,140 |
| Net Accounts receivable | $52,329 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,698 |
| Net Investments - land, buildings, equipment | $964 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $110,700 |
| Total assets | $758,266 |
| Accounts payable and accrued expenses | $599,054 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,683 |
| Total liabilities | $606,737 |
Grants Awarded
Over the last fiscal year, The Steinhardt Foundation For Jewish Life Inc has awarded $60,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HEBREW IN NORTH AMERICA INC PURPOSE: GENERAL SUPPORT | $20,000 |
CHABAD FAMILY PROGRAMS OF THE WEST SIDE INC PURPOSE: GENERAL SUPPORT | $30,000 |
JEWISH FUNDERS NETWORK PURPOSE: GENERAL SUPPORT | $10,000 |