Associated Jewish Charities Of Baltimore

Organization Overview

Associated Jewish Charities Of Baltimore is located in Baltimore, MD. The organization was established in 1941. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Associated Jewish Charities Of Baltimore 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, Associated Jewish Charities Of Baltimore generated $51.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $45.4m during the year ending 06/2022. While expenses have increased by 6.0% 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.

Since 2015, Associated Jewish Charities Of Baltimore has awarded 3,569 individual grants totaling $251,238,153. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

HOLDING TITLE TO & INVESTING THE ASSETS OF THE ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE.

Describe the Organization's Program Activity:

THE AJC OPERATES AN INVESTMENT PROGRAM FOR THE ASSOCIATED: JCFB, ITS AGENCIES, SUPPORTING FOUNDATIONS, DONOR ADVISED FUNDS, AND OTHER TAX-EXEMPT PUBLIC ORGANIZATIONS THAT ARE CONNECTED WITH THE WORK OF THE ASSOCIATED. THE INVESTMENT PROGRAM IS MANAGED BY PROFESSIONAL STAFF EMPLOYED BY THE ASSOCIATED AND IS OVERSEEN BY AN INVESTMENT COMMITTEE PROCESS INVOLVING OVER 45 VOLUNTEERS WITH INVESTMENT AND BUSINESS EXPERTISE. THE ASSETS INVESTED IN THIS PROGRAM ARE CRITICAL TO THE SUCCESS OF THE OVERALL JEWISH COMMUNITY WITH DISTRIBUTIONS THEREFROM MOSTLY SUPPORTING THE OVERALL BALTIMORE AND LARGER JEWISH COMMUNITY TAX EXEMPT PUBLIC ORGANIZATIONS. THE FEES GENERATED FROM THIS ACTIVITY COVERS ALL RELATED COSTS OF OPERATING THIS CRITICAL PROGRAM.


THE AJC OWNS AND MANAGES THE REAL ESTATE PROPERTY THAT THE ASSOCIATED AND ITS AGENCIES OPERATES FROM. THE AJC IS RESPONSIBLE FOR ALL TYPICAL LANDLORD COSTS OF MAINTAINING THESE PROPERTIES AND CHARGES BOTH SECURITY AND RENT TO THE TENANTS OF THESE PROPERTIES.


PLANNED GIVING ASSETS: THE AJC MANAGES THE ASSETS OF THE PLANNED GIVING PROGRAM OF THE ASSOCIATED. THESE INCLUDE CHARITABLE REMAINDER TRUSTS IN WHICH THE AJC OR THE ASSOCIATED HAVE BEEN DESIGNATED CORPORATE TRUSTEE, CHARITABLE GIFT ANNUITIES, POOLED INCOME FUNDS AND LIFE INSURANCE POLICIES OWNED BY THE AJC AND/OR THE ASSOCIATED.


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Board, Officers & Key Employees

Name (title)Compensation
Marc B Terrill
Secretary & Executive Director
$0
Fritzi Hallock
President
$0
Howard K Cohen
Treasurer
$0
Josh Fidler
First Vice President
$0
Ira Malis
Vice President
$0
Mark Smolarz
Coo/cfo
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fiduciary Technology Partners
Investment Transaction Services
$335,692
Fund Evaluation Group
Investment Consulting
$298,319
Wilmington Trust
Custodian
$106,234
Facility Control Systems Llc
General Contractor
$103,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$6,680,293
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$33,763,003
Noncash contributions included in lines 1a–1f $13,607,226
Total Revenue from Contributions, Gifts, Grants & Similar$40,443,296
Total Program Service Revenue$0
Investment income $11,213,098
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 $51,667,875

Grants Awarded

Over the last fiscal year, Associated Jewish Charities Of Baltimore has awarded $35,873,621 in support to 528 organizations.

Grant RecipientAmount

THE ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$12,992,113

BALTIMORE COMMUNITY FOUNDATION

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$1,943,331

JOHNS HOPKINS UNIVERSITY

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$1,318,693

Providence, RI

PURPOSE: GENERAL SUPPORT

$579,000

INSTITUTE FOR INTEGRATIVE HEALTH INC

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$520,000

BAIS YAAKOV SCHOOL FOR GIRLS

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$493,058
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Associated Jewish Charities Of Baltimore has recieved totaling $61,500.

Awarding OrganizationAmount
Strauss Foundation Incorporated

Owings Mills, MD

PURPOSE: CHARITABLE

$41,500
Louis And Phyllis Friedman Foundation Inc

Towson, MD

PURPOSE: IDALEE FRIEDMAN SCHOLARSHIP & PRIZE

$10,000
Louis And Phyllis Friedman Foundation Inc

Towson, MD

PURPOSE: OPERATIONS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$162,610,000
Earnings-$25,023,000
Net Contributions$13,389,000
Other Expense$9,909,000
Ending Balance$141,067,000

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