Jewish Endowment Foundation
- Assets
- $92.4m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Metairie, LA
- Founding
- 10/1967
- Data as of
- 12/2021
- EIN
- 72-0638456
Organization Overview
Jewish Endowment Foundation is located in Metairie, LA. The organization was established in 1967. 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. As of 12/2021, Jewish Endowment Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Endowment Foundation 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 Endowment Foundation generated $9.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. While expenses have increased by 3.0% 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 2014, Jewish Endowment Foundation has awarded 733 individual grants totaling $25,417,370. 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 JEWISH ENDOWMENT FOUNDATION OF LOUISIANA (JEF), CHARTERED IN 1967, ENSURES A (CONT'D ON SCH O)SECURE FUTURE AND AN ENDURING LEGACY BY SERVING AS AN ESSENTIAL RESOURCE FOR JEWISH AND NON-JEWISH PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS THAT SERVE THE JEWISH COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Garon Executive Director | Officer | 35 | $133,208 |
Doris Gauthier Controller | 40 | $108,939 | |
Morton H Katz President | OfficerTrustee | 5 | $0 |
Mark Stein Vice President | OfficerTrustee | 5 | $0 |
Alan Franco Executive Vice President | OfficerTrustee | 5 | $0 |
Robert Brickman Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $101,085 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,872,228 |
| Noncash contributions included in lines 1a–1f | $446,165 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,973,313 |
| Total Program Service Revenue | $0 |
| Investment income | $1,093,704 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,856,036 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,096,206 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,001,414 |
| 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. | $256,548 |
| Compensation of current officers, directors, key employees. | $148,976 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,425 |
| Pension plan accruals and contributions | $10,274 |
| Other employee benefits | $43,726 |
| Payroll taxes | $34,918 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,610 |
| Fees for services: Accounting | $32,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,372 |
| Advertising and promotion | $6,111 |
| Office expenses | $28,309 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,334 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,441 |
| Interest | $315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,693 |
| Insurance | $36,353 |
| All other expenses | $4,326 |
| Total functional expenses | $6,915,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,694 |
| Savings and temporary cash investments | $5,531,516 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $195,322 |
| 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 | $9,294 |
| Net Land, buildings, and equipment | $10,639 |
| Investments—publicly traded securities | $80,420,608 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,060,068 |
| Total assets | $92,360,141 |
| Accounts payable and accrued expenses | $29,946 |
| Grants payable | $84,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $15,622,367 |
| 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 | $140,448 |
| Total liabilities | $15,876,761 |
| Net assets without donor restrictions | $14,289,130 |
| Net assets with donor restrictions | $62,194,250 |
| 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 | $92,360,141 |
Grants Awarded
Over the last fiscal year, Jewish Endowment Foundation has awarded $4,219,455 in support to 102 organizations.
| Grant Recipient | Amount |
|---|---|
Metairie, LA PURPOSE: GENERAL OPERATIONAL SUPPORT | $806,747 |
Metairie, LA PURPOSE: GENERAL OPERATIONAL SUPPORT | $287,929 |
New York, NY PURPOSE: GENERAL OPERATIONAL SUPPORT | $211,665 |
New Orleans, LA PURPOSE: GENERAL OPERATIONAL SUPPORT | $207,955 |
TEMPLE SINAI PURPOSE: GENERAL OPERATIONAL SUPPORT | $160,906 |
TOURO SYNAGOGUE PURPOSE: GENERAL OPERATIONAL SUPPORT | $133,472 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Jewish Endowment Foundation has recieved totaling $313,000.
| Awarding Organization | Amount |
|---|---|
Goldring Family Foundation Metairie, LA PURPOSE: JEWISH CAUSES | $170,500 |
George Helen And Harold Wainerfoundation Metairie, LA PURPOSE: GENERAL DONATIONS | $100,000 |
Cahn Family Foundation New Orleans, LA PURPOSE: FOR GENERAL PURPOSES OF GRANTEE | $30,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: PHILANTHROPY | $6,000 |
Luther W Templeman Foundation New Orleans, LA PURPOSE: FOR GENERAL PUPROSE OF GRANTEE | $4,000 |
Parkside Foundation Metairie, LA PURPOSE: RELIGIOUS ORGANIZATION | $2,000 |
Endowment Analysis
| Beg. Balance | $8,675,078 |
| Earnings | $1,134,517 |
| Net Contributions | $260,356 |
| Other Expense | $206,184 |
| Ending Balance | $9,863,767 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circle Of Life Springdale, AR | $23,639,439 | $20,357,791 |
Valero Energy Foundation San Antonio, TX | $27,234,889 | $9,027,256 |
Jewish Federation Of Greater Houston Houston, TX | $13,164,896 | $16,157,692 |
United Way Of Southeast Louisiana New Orleans, LA | $29,969,457 | $17,838,416 |
Jewish Federation Of Greater Dallas Dallas, TX | $18,027,508 | $11,762,815 |
Shalom Austin Austin, TX | $8,435,174 | $13,067,909 |
Capital Area United Way Baton Rouge, LA | $14,566,817 | $6,965,583 |
Jewish Endowment Foundation Metairie, LA | $92,360,141 | $9,096,206 |
United Way Of El Paso County El Paso, TX | $7,999,389 | $6,622,179 |
United Way Of The Coastal Bend Inc Corpus Christi, TX | $7,813,987 | $6,731,389 |
Lubbock Area United Way Inc Lubbock, TX | $12,407,025 | $5,587,125 |
Mission East Dallas And Metroplex Mesquite, TX | $875,889 | $4,349,621 |