Dorot Foundation
- Assets
- $152.7m
- Revenue
- $11.4m
- Investments
- $121.8m
- Employees
- 0
- Location
- Providence, RI
- Founding
- 06/1959
- Data as of
- 03/2022
- EIN
- 13-6116927
Organization Overview
Dorot Foundation is located in Providence, RI. The organization was established in 1959. 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. Dorot 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 03/2022, Dorot Foundation generated $11.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $9.1m during the year ending 03/2022. While expenses have increased by 19.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dorot Foundation has awarded 249 individual grants totaling $13,425,787. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DOROT FELLOWSHIP IN ISRAEL ("DFI") PROGRAM IS DESIGNED TO ASSEMBLE AND EMPOWER A NETWORK OF YOUNG JEWISH LAY LEADERS TO ENLIVEN THE NORTH AMERICAN JEWISH LANDSCAPE. EVERY YEAR, DOROT FELLOWS FROM THE UNITED STATES AND CANADA ARE CHOSEN TO LIVE IN ISRAEL FOR 10 MONTHS, WHERE THEY DEVELOP SKILLS, ACQUIRE EXPERIENCE, AND BROADEN THE NETWORKS REQUIRED FOR COLLABORATIVE JEWISH LEADERSHIP. EACH FELLOW DEVISES A PERSONAL LEARNING PROGRAM, COMPRISED OF FORMAL AND EXPERIENTIAL LEARNING. DOROT FELLOWS SHARE IN A COLLABORATIVE LEARNING COMMUNITY IN WHICH ALL MEMBERS TAKE RESPONSIBILITY FOR DEVELOPING AND EXECUTING A COMMUNAL LEARNING AGENDA THROUGHOUT THE YEAR. UPON THEIR RETURN FROM ISRAEL, FELLOWS PARTICIPATE IN THE DOROT ALUMNI NETWORK, A CADRE OF THOUGHT LEADERS, INNOVATORS, REFORMERS, ORGANIZERS AND ACTIVISTS WHO ARE WORKING TOGETHER TO ENLIVEN THE NORTH AMERICAN JEWISH LANDSCAPE.
THE DOROT FELLOWSHIP IN ISRAEL ("DFI") PROGRAM IS DESIGNED TO ASSEMBLE AND EMPOWER A NETWORK OF YOUNG JEWISH LAY LEADERS TO ENLIVEN THE NORTH AMERICAN JEWISH LANDSCAPE. EVERY YEAR, DOROT FELLOWS FROM THE UNITED STATES AND CANADA ARE CHOSEN TO LIVE IN ISRAEL FOR 10 MONTHS, WHERE THEY DEVELOP SKILLS, ACQUIRE EXPERIENCE, AND BROADEN THE NETWORKS REQUIRED FOR COLLABORATIVE JEWISH LEADERSHIP. EACH FELLOW DEVISES A PERSONAL LEARNING PROGRAM, COMPRISED OF FORMAL AND EXPERIENTIAL LEARNING. DOROT FELLOWS SHARE IN A COLLABORATIVE LEARNING COMMUNITY IN WHICH ALL MEMBERS TAKE RESPONSIBILITY FOR DEVELOPING AND EXECUTING A COMMUNAL LEARNING AGENDA THROUGHOUT THE YEAR. UPON THEIR RETURN FROM ISRAEL, FELLOWS PARTICIPATE IN THE DOROT ALUMNI NETWORK, A CADRE OF THOUGHT LEADERS, INNOVATORS, REFORMERS, ORGANIZERS AND ACTIVISTS WHO ARE WORKING TOGETHER TO ENLIVEN THE NORTH AMERICAN JEWISH LANDSCAPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Jacobson Executive Director | 8 | $202,539 | |
Michael Hill Executive V.P. (thru 12.31.20) | 8 | $150,990 | |
Aaren Alpert Director Dfi Program | 40 | $131,923 | |
Brauna Doidge Senior Director Of F | 40 | $119,350 | |
Rosemary Addison Grants Manager | 40 | $100,635 | |
Simeon Springer Director, Treasurer | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marks Paneth Llp | 3/30/22 | $135,974 |
Greenhaven Associates Inc | 3/30/22 | $700,035 |
First Manhattan Co | 3/30/22 | $363,836 |
Neuberger Berman Investment Advisers Llc | 3/30/22 | $450,592 |
First Manhattan Co | 3/30/22 | $363,836 |
Dorot Fellows Ltd | 3/30/22 | $600,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,768 |
| Dividends & Interest | $1,411,347 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,918,457 |
| Capital Gain Net Income | $9,918,457 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,689 |
| Total Revenue | $11,417,261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $353,529 |
| Other employee salaries and wages | $418,639 |
| Pension plans, employee benefits | $198,678 |
| Interest | $0 |
| Taxes | $22,350 |
| Depreciation | $0 |
| Occupancy | $11,245 |
| Travel, conferences, and meetings | $27,246 |
| Printing and publications | $955 |
| Other expenses | $221,120 |
| Total operating and administrative expenses | $3,855,111 |
| Contributions, gifts, grants paid | $5,237,426 |
| Total expenses and disbursements | $9,092,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $664,801 |
| Savings and temporary cash investments | $30,208,845 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,050 |
| Total assets | $152,678,758 |
| Accounts payable and accrued expenses | $6,524 |
| 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 | $6,524 |
Grants Awarded
Over the last fiscal year, Dorot Foundation has awarded $10,474,852 in support to 196 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL OPERATING | $325,000 |
New York, NY PURPOSE: GENERAL OPERATING | $325,000 |
NEW ISRAEL FUND PURPOSE: GENERAL OPERATING | $300,000 |
NEW ISRAEL FUND PURPOSE: GENERAL OPERATING | $300,000 |
Newton, MA PURPOSE: CAPITAL CAMPAIGN | $250,000 |
Newton, MA PURPOSE: CAPITAL CAMPAIGN | $250,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dorot Foundation has recieved totaling $72.
| Awarding Organization | Amount |
|---|---|
Goldenberg Malina Foundation Los Angeles, CA PURPOSE: GENERAL SUPPORT | $72 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Newmans Own Foundation Westport, CT | $226,904,846 | $19,666,525 |
Growald Climate Fund Inc Brookline, MA | $40,583,150 | $39,346,635 |
Peter And Ann Lambertus Family Foundation Inc Boston, MA | $280,283,227 | $22,807 |
F B Heron Foundation New Milford, CT | $412,823,233 | $28,288,660 |
Ralph R Papitto And Barbara A Papitto Private Family Foundation Hope, RI | $20,164,629 | $44,911,185 |
Diebold Foundation Inc Roxbury, CT | $15,650,779 | $11,297,446 |
Schooner Foundation Boston, MA | $234,086,951 | $101,845,887 |
Amelia Peabody Foundation Wellesley, MA | $142,407,971 | $16,470,894 |
Crimson Lion Foundation Boston, MA | $63,778,253 | $10,788,706 |
Hassenfeld Foundation Providence, RI | $69,706,667 | $3,941,296 |