Jesselson Foundation is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jesselson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Jesselson Foundation has awarded 66 individual grants totaling $3,935,217. 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
N\A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Claire Strauss Secy/treasurer | 0 | $0 | |
Steven Chill Director | 0 | $0 | |
Ted Mirvis Vice President | 0 | $0 | |
Michael Jesselson President | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $10,732 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$459,700 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $104 |
Total Revenue | -$448,864 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $23,865 |
Total operating and administrative expenses | $28,865 |
Contributions, gifts, grants paid | $195,850 |
Total expenses and disbursements | $224,715 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $111,250 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
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 | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $7,184,356 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $7,842,299 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Over the last fiscal year, Jesselson Foundation has awarded $195,850 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
UJA FEDERATION PURPOSE: GENERAL CHARITABLE | $3,600 |
AMERICAN FRIENDS OF SHAARE ZEDEK HOSPITAL PURPOSE: GENERAL CHARITABLE | $10,000 |
PEF ISRAEL ENDOWMENT FDS PURPOSE: GENERAL CHARITABLE | $130,350 |
NLI USA INC PURPOSE: GENERAL CHARITABLE | $35,000 |
MANHATTAN ERUV INC PURPOSE: GENERAL CHARITABLE | $5,000 |
CONGREGATION SHEARITH ISRAEL PURPOSE: GENERAL CHARITABLE | $1,800 |