Hadassah Medical Relief Association Inc

Organization Overview

Hadassah Medical Relief Association Inc is located in New York, NY. The organization was established in 1941. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hadassah Medical Relief Association 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 12/2021, Hadassah Medical Relief Association Inc generated $50.9m 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 (6.0%) each year. All expenses for the organization totaled $418.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Hadassah Medical Relief Association Inc has awarded 37 individual grants totaling $531,535,869. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A VOLUNTEER ORGANIZATION THAT INSPIRES A PASSION FOR AND COMMITMENT TO THE FUTURE OF ISRAEL.

Describe the Organization's Program Activity:

GRANTS TO AFFILIATES SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Rhoda Smolow
President
$0
Michelle Hubertus
Treasurer (as Of 1/1/21)
$0
Carol Ann Schwartz
Secretary
$0
Clara Gillman
Vice President
$0
Gail Hammerman
Vice President
$0
Janet Hand Deixler
Vice President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Offit Capital Advisors Llc Invest
Consultants
$717,699
Pryor Cashman Llp
Legal
$477,236
Yehuda Raveh & Co
Legal
$390,035
Kpmg Llp
Accounting
$349,283
Softrek
It Services
$367,394
View All Vendors

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$806,296
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$806,296
Total Program Service Revenue$0
Investment income $4,355,492
Tax Exempt Bond Proceeds $0
Royalties $45,625
Net Rental Income $0
Net Gain/Loss on Asset Sales $45,699,068
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,906,481

Grants Awarded

Over the last fiscal year, Hadassah Medical Relief Association Inc has awarded $416,805,630 in support to 2 organizations.

Grant RecipientAmount

HADASSAH THE WOMEN'S ZIONIST ORG OF AMERICA

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$414,315,886

HADASSAH FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$2,489,744
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Hadassah Medical Relief Association Inc has recieved totaling $282,264.

Awarding OrganizationAmount
$250,000
Joseph Goldberg Charitable Trust Uw

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$12,904
Louis Weinburg Foundation Inc

Troy, NY

PURPOSE: GENERAL CHARITABLE PURPOSES

$9,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$9,500
Chubb Charitable Foundation

Philadelphia, PA

PURPOSE: MATCHING GIFTS

$180
Chubb Charitable Foundation

Philadelphia, PA

PURPOSE: MATCHING GIFTS

$180
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$193,551,575
Earnings$28,325,265
Net Contributions$6,607,002
Other Expense$27,713
Grants$10,672,115
Ending Balance$217,784,014

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