Jewish Community Foundation Of Greater Phoenix
- Assets
- $76.7m
- Revenue
- $14.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Scottsdale, AZ
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 47-0874376
Organization Overview
Jewish Community Foundation Of Greater Phoenix is located in Scottsdale, AZ. The organization was established in 2002. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Jewish Community Foundation Of Greater Phoenix employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Community Foundation Of Greater Phoenix 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, Jewish Community Foundation Of Greater Phoenix generated $14.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $7.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Jewish Community Foundation Of Greater Phoenix has awarded 991 individual grants totaling $47,555,916. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PHILANTHROPIC ASSET MANAGEMENT AND GRANTMAKING TO BOTH JEWISH AND SECULAR CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
JEWISH COMMUNITY FOUNDATION OF GREATER PHOENIX (JCF) PHILANTHROPISTS: JCF ASSISTS PHILANTHROPISTS IN SUPPORTING THE JEWISH AND SECULAR CAUSES THAT ARE IMPORTANT TO THEM BY AWARDING CHARITABLE ORGANIZATIONS DISTRIBUTIONS OF DOLLARS FROM JCF'S DONOR ADVISED FUNDS AND PERMANENT ENDOWMENT FUNDS. JCF CONDUCTS A NUMBER OF COMPETITIVE GRANT OPPORTUNITIES EACH YEAR. ADDITIONALLY, JCF DISTRIBUTES EMERGENCY ASSISTANCE TO COMMUNITY CAUSES AS NEEDED.
MANAGEMENT: JCF MANAGES OVER 756 FUNDS ESTABLISHED BY LOCAL PHILANTHROPISTS, INCLUDING OVER 180 FUNDS RESTRICTED IN PERPETUITY, 351 FUNDS WITH OTHER RESTRICTIONS, AND 158 DONOR ADVISED FUNDS. JCF ALSO HOLDS AGENCY FUNDS FOR APPROXIMATELY 45 LOCAL JEWISH AGENCIES.
JCF SPECIAL HOLDINGS: PRINTS AND DISTRIBUTES A FREE JEWISH NEWSPAPER TO THE JEWISH COMMUNITY AND OTHERS.
YOUTH PHILANTHROPY:YOUTH PHILANTHROPY: JCF ALSO TRAINS, COACHES, AND MENTORS PROFESSIONAL AND VOLUNTEER LEADERS OF THE LOCAL JEWISH COMMUNITY AND LOCAL JEWISH COMMUNAL ORGANIZATIONS TO ASSIST THE GROWTH OF JEWISH AGENCIES AND SYNAGOGUES TO HELP THEM BECOME MORE EFFECTIVE. JEWISH COMMUNITY PROGRAMS: JCF ALSO PROVIDES OVERSIGHT TO TWO COMMUNITY WIDE PROGRAMS: TU B'AV WEEKEND AND AGE ADVANTAGE EXCHANGE. THE TU B'AV WEEKEND PROGRAM IS A DESIGNATED WEEKEND WITH PLANNED ACTIVITIES FOR JEWISH SINGLES TO MEET AND MINGLE. THE AGE ADVANTAGE EXCHANGE IS AN INITIATIVE TO EXPAND ACCESS TO VITAL SERVICES, ACTIVITIES AND ENRICHMENT OPPORTUNITIES FOR THE VALLEY'S JEWISH SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Kasper President An | Officer | 40 | $213,494 |
Donna Corcoran CFO | Officer | 40 | $107,602 |
Richard Gottlieb Board Dev. C | OfficerTrustee | 1 | $0 |
Robert Roos Immediate Pa | OfficerTrustee | 1 | $0 |
Lee Eisinberg Chair | OfficerTrustee | 1 | $0 |
Virginie Polster Grants Chair | OfficerTrustee | 1 | $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 | $8,739,486 |
| Noncash contributions included in lines 1a–1f | $2,225,697 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,739,486 |
| Total Program Service Revenue | $688,828 |
| Investment income | $1,173,670 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,912,277 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,514,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,080,987 |
| 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. | $362,504 |
| Compensation of current officers, directors, key employees. | $147,902 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $262,332 |
| Pension plan accruals and contributions | $29,635 |
| Other employee benefits | $51,680 |
| Payroll taxes | $43,536 |
| Fees for services: Management | $300,207 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,312 |
| Advertising and promotion | $10,232 |
| Office expenses | $86,681 |
| Information technology | $45,578 |
| Royalties | $0 |
| Occupancy | $55,187 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45,604 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,393 |
| Insurance | $30,389 |
| All other expenses | $0 |
| Total functional expenses | $7,546,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,755,373 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,758 |
| Net Land, buildings, and equipment | $53,097 |
| Investments—publicly traded securities | $71,236,394 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,588,636 |
| Total assets | $76,675,258 |
| Accounts payable and accrued expenses | $132,079 |
| Grants payable | $111,565 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $9,887,980 |
| 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 | $123,456 |
| Total liabilities | $10,255,080 |
| Net assets without donor restrictions | $24,831,622 |
| Net assets with donor restrictions | $41,588,556 |
| 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 | $76,675,258 |
Grants Awarded
Over the last fiscal year, Jewish Community Foundation Of Greater Phoenix has awarded $5,837,925 in support to 134 organizations.
| Grant Recipient | Amount |
|---|---|
Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $1,068,718 |
Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $406,099 |
New York, NY PURPOSE: OPERATIONAL SUPPORT | $259,990 |
Phoenix, AZ PURPOSE: OPERATIONAL SUPPORT | $252,082 |
Phoenix, AZ PURPOSE: OPERATIONAL SUPPORT | $167,000 |
Washington, DC PURPOSE: OPERATIONAL SUPPORT | $163,854 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jewish Community Foundation Of Greater Phoenix has recieved totaling $631,891.
| Awarding Organization | Amount |
|---|---|
Arnold Horwitch Family Charitable Foundation Boulder, CO PURPOSE: SECURITIES DONATED TO DONOR ADVISED FUND FOR GENERAL SUPPORT. COST BASIS OF SECURITIES = $406,775. DONATED 10/26/22. | $631,891 |
Endowment Analysis
| Beg. Balance | $31,517,154 |
| Earnings | $3,438,373 |
| Net Contributions | $1,996,827 |
| Other Expense | $1,655,144 |
| Ending Balance | $35,297,210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Sonoma County Santa Rosa, CA | $227,314,167 | $31,190,414 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
North Valley Community Foundation Chico, CA | $60,759,000 | $16,028,341 |
Jewishcolorado Denver, CO | $81,767,824 | $13,645,129 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
International Community Foundation National City, CA | $29,422,268 | $13,734,101 |
The Community Foundation Boulder, CO | $79,799,287 | $19,282,047 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA | $166,599,422 | $22,283,277 |
Community Foundation Of Western Nevada Reno, NV | $127,209,186 | $12,894,705 |
Humboldt Area Foundation Bayside, CA | $172,334,910 | $13,192,449 |
Community Foundation Of Northern Colorado Fort Collins, CO | $185,330,639 | $37,336,720 |