Jewish Community Foundation Inc
- Assets
- $42.6m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Cherry Hill, NJ
- Founding
- 09/2004
- Data as of
- 09/2021
- EIN
- 20-1260545
Organization Overview
Jewish Community Foundation Inc is located in Cherry Hill, NJ. The organization was established in 2004. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 09/2021, Jewish Community Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Community 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 09/2021, Jewish Community Foundation Inc generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $4.4m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jewish Community Foundation Inc has awarded 56 individual grants totaling $28,694,969. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES GRANTS AND SCHOLARSHIPS FOR A VARIETY OF ACADEMIC AND EDUCATIONAL NEEDS ON A NONDISCRIPMINATORY BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP COMMUNITY AND LEGACY ENDOWMENT FUNDS TO SUPPORT LOCAL COMMUNITY, AGENCIES AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Mirowitz Executive Director/assista | OfficerTrustee | 40 | $117,352 |
Harv Cohen CFP Vice-President | OfficerTrustee | 1 | $0 |
Amy Clayman CPA Assistant Treasurer | OfficerTrustee | 40 | $0 |
Robert Elias Fsa President | OfficerTrustee | 1 | $0 |
Jennifer Dubrow Weiss Msw Lsw Secretary | OfficerTrustee | 1 | $0 |
Larry Bernstein Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,207,412 |
| Noncash contributions included in lines 1a–1f | $2,779,633 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,257,712 |
| Total Program Service Revenue | $0 |
| Investment income | $1,494,935 |
| 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 | $8,752,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,550,320 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $230,745 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,093 |
| Payroll taxes | $24,393 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,800 |
| Travel | $75 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,733 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,285 |
| All other expenses | $8,255 |
| Total functional expenses | $4,406,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,403 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,016 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $641,673 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $40,827,826 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,082,543 |
| Total assets | $42,600,461 |
| Accounts payable and accrued expenses | $177,342 |
| 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 | $1,835,392 |
| Total liabilities | $2,012,734 |
| Net assets without donor restrictions | $29,993,843 |
| Net assets with donor restrictions | $10,593,884 |
| 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 | $42,600,461 |
Grants Awarded
Over the last fiscal year, Jewish Community Foundation Inc has awarded $3,550,320 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATION AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $1,118,464 |
LOCAL JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $1,032,343 |
FEDERATION ANNUAL CAMPAIGN PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $422,261 |
NATIONAL JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $419,277 |
NATIONAL NON JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $342,339 |
LOCAL NON JEWISH AGENCIES PURPOSE: TO FURTHER NON-PROFIT'S MISSION | $166,129 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jewish Community Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Philadelphia Foundation Philadelphia, PA PURPOSE: TOOLS FOR SCHOOLS | $10,000 |
Endowment Analysis
| Beg. Balance | $28,096,615 |
| Earnings | $4,980,674 |
| Admin Expense | $293,901 |
| Net Contributions | $5,216,007 |
| Other Expense | $83,821 |
| Grants | $2,578,779 |
| Ending Balance | $35,336,795 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Word Of Life Foundation Inc Schroon Lake, NY | $29,167,251 | $32,657,621 |
The Catholic Foundation Of Greater Philadelphia Philadelphia, PA | $44,939,432 | $23,307,616 |
Jewish Community Foundation Inc Cherry Hill, NJ | $42,600,461 | $8,752,647 |
Episcopal Church Foundation New York, NY | $650,053,865 | $6,623,247 |
American Friends Of Lev Aharon New York, NY | $614,615 | $3,691,815 |
Yaazoru Inc Lakewood, NJ | $191,815 | $3,860,512 |
Toras Chesed Inc Lakewood, NJ | $1,591,221 | $3,876,581 |
American Baptist Foundation East Norriton, PA | $193,005,859 | $25,268,594 |
Friends Of Odyssey Impact Inc New York, NY | $9,035,601 | $1,158,270 |
Icny Land Owner Corporation New York City, NY | $36,528,101 | $2,265,710 |
Shuvi Nafshi Foundation Inc Brooklyn, NY | $171,733 | $1,661,417 |
Aloysius J & Eugene F Franz Foundation For The Congregation Of Philadelphia, PA | $37,003,968 | $4,802,225 |