United Jewish Community Of The Virginia Peninsula Endowment Inc
- Assets
- $21.6m
- Revenue
- $3.0m
- Investments
- $9.7m
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 08/1998
- Data as of
- 06/2021
- EIN
- 54-1900143
Organization Overview
United Jewish Community Of The Virginia Peninsula Endowment Inc is located in Newport News, VA. The organization was established in 1998. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. United Jewish Community Of The Virginia Peninsula Endowment 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 06/2021, United Jewish Community Of The Virginia Peninsula Endowment Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $849.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Jewish Community Of The Virginia Peninsula Endowment Inc has awarded 82 individual grants totaling $5,415,315. 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
SUPPORT THE PROGRAMS OF THE UNITED JEWISH COMMUNITY OF THE VIRGINIA PENINSULA, INC. AND OTHER PROGRAMS TO ENRICH THE EDUCATIONAL, CULTURAL, RELIGOUS, AND SOCIAL LIVES OF THE JEWISH COMMUNITY.
Describe the Organization's Program Activity:
SUPPORT OF THE PROGRAMS OF THE UNITED JEWISH COMMUNITY OF THE VIRGINIA PENINSULA, INC. AND OTHER PROGRAMS TO ENRICH THE EDUCATIONAL, CULTURAL, RELIGIOUS AND SOCIAL LIVES OF THE JEWISH COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Fass Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Libby David Secretary | OfficerTrustee | 1 | $0 |
E D David President/chair | OfficerTrustee | 1 | $0 |
Steve Wendall Executive Director | Officer | 2 | $0 |
Josh David Director | Trustee | 1 | $0 |
Ettalea Kanter Director | Trustee | 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 | $1,815,081 |
| Noncash contributions included in lines 1a–1f | $149,281 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,815,081 |
| Total Program Service Revenue | $0 |
| Investment income | $165,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,051,743 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,015,122 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $713,965 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $50,000 |
| Fees for services: Legal | $1,860 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $68,693 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $209 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,837 |
| All other expenses | $0 |
| Total functional expenses | $849,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,863 |
| Savings and temporary cash investments | $1,313,078 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,305 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,487,607 |
| Investments—other securities | $9,666,103 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,572,956 |
| Accounts payable and accrued expenses | $0 |
| 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 | $6,849,004 |
| Total liabilities | $6,849,004 |
| Net assets without donor restrictions | $2,550,860 |
| Net assets with donor restrictions | $12,173,092 |
| 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 | $21,572,956 |
Grants Awarded
Over the last fiscal year, United Jewish Community Of The Virginia Peninsula Endowment Inc has awarded $563,543 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Newport News, VA PURPOSE: COMMUNITY PROGRAMS AND BUILDING IMPROVEMENTS | $351,993 |
Newport News, VA PURPOSE: SUPPORT OF OPERATIONS | $87,000 |
Newport News, VA PURPOSE: SUPPORT OF OPERATIONS | $25,000 |
Hampton, VA PURPOSE: SUPPORT OF OPERATIONS | $22,600 |
New York, NY PURPOSE: SUPPORT OF OPERATIONS | $20,050 |
Newport News, VA PURPOSE: SUPPORT OF OPERATIONS | $15,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
A J Fletcher Foundation Raleigh, NC | $168,653,502 | $53,698,336 |
The Naval Institute Foundation Incorporated Annapolis, MD | $16,478,320 | $8,459,950 |
Baltimore City Foundation Inc Baltimore, MD | $20,625,141 | $25,532,138 |
The David Belk Cannon Foundation Gastonia, NC | $0 | $4,765,855 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
The Richman Family Foundation Inc Baltimore, MD | $21,774,672 | $824,650 |
Venture Philanthropy Partners Inc Washington, DC | $4,166,381 | $6,325,429 |
Seymour Family Foundation Irrev Charitable Trust Uad 12-21-15 Charlotte, NC | $3,421,952 | $6,290,943 |
Ted And Drama Russell Family Foundation Knoxville, TN | $97,704,141 | $6,828,732 |
Commonwealth Foundation V Richmond, VA | $38,532,929 | $6,620,642 |
Commonwealth Foundation Iv Richmond, VA | $38,533,029 | $6,621,693 |
R E B Foundation Richmond, VA | $74,287,615 | $7,129,947 |