Jem Foundation Inc

Organization Overview

Jem Foundation Inc is located in Brooklyn, NY. The organization was established in 2018. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jem 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 12/2021, Jem Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 28.3% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL SUPPORT TO JEM AND RAISE AWARENESS TO THE IMPORTANCE OF RESTORING, PRESERVING, CURATING AND SHARING THE PRICELESS RECORDINGS OF THE REBBE'S LIFETIME, AND FIRST-PERSON TESTIMONIES OF INTERACTIONS WITH THE REBBE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL SUPPORT TO JEM AND RAISE AWARENESS TO THE IMPORTANCE OF RESTORING, PRESERVING, CURATING AND SHARING THE PRICELESS RECORDINGS OF THE REBBE'S LIFETIME, AND FIRST-PERSON TESTIMONIES OF INTERACTIONS WITH THE REBBE.


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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$2,083,576
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,083,576
Total Program Service Revenue$0
Investment income $219
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 $2,083,795

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Jem Foundation Inc has recieved totaling $18,003.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$18,003
View Grant Recipient Profile

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