Shalem Foundation
- Assets
- $6.1m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 13-3941865
Organization Overview
Shalem Foundation is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shalem 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 12/2021, Shalem Foundation generated $7.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $8.9m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FOSTER ZIONIST INTELLECTUAL INFRASTRUCTURE FOR THE STATE OF ISRAEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING AND FOSTERING THE CREATION OF A ZIONIST INTELLECTUAL INFRASTRUCTURE FOR THE STATE OF ISRAEL, THE DEVELOPMENT OF A JEWISH NATIONAL CULTURE, AND THE PROMOTION OF INTELLECTUAL AND ECONOMIC LIBERTY.
PROMOTING AND FOSTERING THE CREATION OF A ZIONIST INTELLECTUAL INFRASTRUCTURE FOR THE STATE OF ISRAEL, THE DEVELOPMENT OF A JEWISH NATIONAL CULTURE, AND THE PROMOTION OF INTELLECTUAL AND ECONOMIC LIBERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Messer Chairman/treasurer | OfficerTrustee | 5 | $0 |
Daniel Polisar President | OfficerTrustee | 20 | $0 |
Jonathan Mensh Assistant Treasurer | Officer | 10 | $0 |
Seth Goldstein Secretary | Officer | 15 | $0 |
Jed Arkin Trustee | Trustee | 1 | $0 |
Yudi Levy Trustee | Trustee | 1 | $0 |
Financial Statements
| 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 | $7,408,371 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,408,371 |
| Total Program Service Revenue | $0 |
| Investment income | $70,953 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,479,324 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,744,722 |
| 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 | $1,797 |
| Fees for services: Accounting | $21,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,073 |
| Fees for services: Other | $75,000 |
| Advertising and promotion | $0 |
| Office expenses | $9,681 |
| Information technology | $1,105 |
| Royalties | $0 |
| Occupancy | $1,871 |
| Travel | $1,378 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,667 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,376 |
| Total functional expenses | $8,878,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,828 |
| Savings and temporary cash investments | $345 |
| Pledges and grants receivable | $1,385,484 |
| 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 | $27,373 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,571,674 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,111,704 |
| Accounts payable and accrued expenses | $723 |
| 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 | $1,332,450 |
| Total liabilities | $1,333,173 |
| Net assets without donor restrictions | -$873,784 |
| Net assets with donor restrictions | $5,652,315 |
| 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 | $6,111,704 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Shalem Foundation has recieved totaling $3,018,950.
| Awarding Organization | Amount |
|---|---|
Koret Foundation San Francisco, CA PURPOSE: KORET JEWISH PEOPLEHOOD PROJECT AT SHALEM COLLEGE | $1,000,000 |
Conduit Foundation Chicago, IL PURPOSE: GENERAL PURPOSES | $1,000,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $344,600 |
Diana Davis Spencer Foundation Bethesda, MD PURPOSE: MODERN MIDDLE EASTERN STUDIES PROGRAM | $100,000 |
Gale Foundation Richmond, TX PURPOSE: UNRESTRICTED | $100,000 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $75,000 |
Endowment Analysis
| Beg. Balance | $3,027,000 |
| Earnings | $206,000 |
| Ending Balance | $3,233,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandy Hook Promise Foundation Newtown, CT | $20,925,465 | $25,529,583 |
Shalem Foundation New York, NY | $6,111,704 | $7,479,324 |
New York City Gay And Lesbian Anti-Violence Project Inc New York, NY | $4,284,931 | $4,454,475 |
Fbi-Leeda Inc Malvern, PA | $4,187,403 | $4,482,776 |
New England State Police Information Network Inc Franklin, MA | $638,797 | $4,221,694 |
United Neighbors Housing Development Fund Company Inc Bronx, NY | $5,332,817 | $2,871,687 |
Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 Southeastern, PA | $64,404,523 | $4,443,673 |
Newark Community Street Team Inc Newark, NJ | $3,205,477 | $5,347,326 |
National Resources Center On Domestic Violence Inc Harrisburg, PA | $1,225,170 | $3,022,043 |
Dove Inc Quincy, MA | $1,310,619 | $3,335,042 |
Chinatown Preservation Housing Development Fund Company Inc New York, NY | $26,014,695 | $2,229,203 |
New Fordham Housing Development Fund Corp Bronx, NY | $3,647,598 | $1,634,666 |