Miami Jewish Health Systems Foundation Inc

Organization Overview

Miami Jewish Health Systems Foundation Inc is located in Miami, FL. The organization was established in 2004. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miami Jewish Health Systems Foundation 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 06/2022, Miami Jewish Health Systems Foundation Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SOLICIT AND INVEST CONTRIBUTIONS FOR THE BENEFIT OF MIAMI JEWISH HEALTH SYSTEMS, INC. AND AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SOLICITS AND COLLECTS FUNDS FOR THE BENEFIT OF MIAMI JEWISH HEALTH SYSTEMS, INC. AND ITS AFFILIATED TAX-EXEMPT ENTITIES. THE FUNDS ARE GIVEN TO THE AFFILIATES IN SUPPORT OF THEIR TAX-EXEMPT PURPOSE OF PROVIDING SENIOR LIVING ACCOMODATIONS AND COMMUNITY-BASED HEALTH SERVICES. IN THE CURRENT YEAR, $1,786,486 WAS CONTRIBUTED TO MIAMI JEWISH HEALTH SYSTEMS, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Jay Solowsky
Chair
$0
Michael Durr
Treasurer/cfo
$0
Leslie Torres
Secretary
$0
Alison Grewe
President/ceo
$0
Jeffrey Freimark
Director
$0
Edward Barrocas
Director
$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$2,588,285
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,588,285
Total Program Service Revenue$0
Investment income $1,306,218
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,518,091
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,412,594

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Miami Jewish Health Systems Foundation Inc has recieved totaling $226,500.

Awarding OrganizationAmount
Myers L & Marilyn R Girsh Foundation Inc

Miami Beach, FL

PURPOSE: SUPPORT FOR NOT FOR PROFIT HOSPITALS

$80,000
Vital Projects Fund Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000
Charina Endowment Fund Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000
Nextfifty Initiative

Denver, CO

PURPOSE: HORTICULTURE THERAPY INITIATIVE

$25,000
Lockton Cares Inc

Kansas City, MO

PURPOSE: General Purposes

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$5,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$348,000
Ending Balance$348,000

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