Jewish Community Foundation Of Southern Arizona
- Assets
- $157.8m
- Revenue
- $29.2m
- Investments
- $28.2m
- Employees
- 11
- Location
- Tucson, AZ
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 86-0718936
Organization Overview
Jewish Community Foundation Of Southern Arizona is located in Tucson, AZ. The organization was established in 1993. 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 Southern Arizona employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Community Foundation Of Southern Arizona 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 Southern Arizona generated $29.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $11.0m during the year ending 12/2021. While expenses have increased by 7.2% 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 2020, Jewish Community Foundation Of Southern Arizona has awarded 199 individual grants totaling $21,735,683. 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
EMPOWERING INDIVIDUALS, FAMILIES AND ORGANIZATIONS TO INVEST IN STRONGER JEWISH AND GLOBAL COMMUNITIES FOR TODAY AND TOMORROW.
Describe the Organization's Program Activity:
THE JEWISH COMMUNITY FOUNDATION OF SOUTHERN ARIZONA (JCF) PROVIDES SERVICES FOR INDIVIDUAL DONORS AND NON-PROFIT ORGANIZATIONS THAT HOUSE FUNDS WITH THE FOUNDATION, INCLUDING FUND INVESTMENT, MANAGEMENT AND REPORTING, GRANTING, AND FIELD OF INTEREST RESEARCH. JCF WORKS WITH INDIVIDUAL DONORS, OFTEN IN COLLABORATION WITH THEIR PROFESSIONAL ADVISORS, TO DEVELOP LEGACY PLANS TO FUND ENDOWMENTS THROUGH TESTAMENTARY PROVISIONS VIA THEIR WILLS, TRUSTS, LIFE INSURANCE POLICIES AND OTHER ESTATE VEHICLES. JCF MANAGES ENDOWMENTS, DONOR ADVISED FUNDS, ORGANIZATION ENDOWMENTS, CUSTODIAL FUNDS, AND CHARITABLE REMAINDER TRUSTS.2021 ACCOMPLISHMENTS JCF MADE DISTRIBUTIONS TO OVER 500 DIFFERENT CHARITABLE 501(C)(3) ORGANIZATIONS THAT PROVIDE HEALTH, EDUCATIONAL, CULTURAL, AND SOCIAL SERVICES TO LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. GRANTS MADE FROM NET ASSETS TOTALED ALMOST $9.6 MILLION DOLLARS. ANOTHER $1.8 MILLION WAS DISTRIBUTED FROM ORGANIZATION FUNDS HELD BY THE JCF IN A CUSTODIAL CAPACITY.TO ADDRESS THE CRITICAL NEEDS IN OUR COMMUNITY THAT WERE EXACERBATED BY THE PANDEMIC, A COLLABORATIVE EFFORT WAS LAUNCHED IN 2020 AND CONTINUED IN 2021 RAISING OVER $460K TO SUPPORT LOCAL AGENCIES DEALING DIRECTLY WITH INDIVIDUALS IMPACTED BY THE PANDEMIC. A TASK FORCE WAS CREATED TO STRATEGICALLY ADDRESS, BOTH IN THE SHORT TERM AND LONG TERM, FOOD INSECURITY, EVICTION AND HOMELESSNESS, MEDICAL ISSUES, AND OTHER BASIC NEEDS AND TO ASSIST ORGANIZATIONS IN OBTAINING ESSENTIAL PERSONAL PROTECTIVE EQUIPMENT (PPE). GRANTING OF THE FUNDS IN THE LOCAL COMMUNITY BEGAN IN 2020 AND CONTINUED IN 2021. OUR IMPACT INVESTMENT POOL WAS LAUNCHED AS A NEW INVESTMENT OFFERING FOR DONOR ADVISED FUND HOLDERS. THE ROLE OF THE IMPACT POOL IS TO 1) INVEST IN A SOCIALLY RESPONSIBLE WAY, 2) CREATE GREATER COMMUNITY IMPACT AND 3) PROVIDE EXPOSURE TO GLOBAL COMPANIES WITH HIGH ESG PERFORMANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Graham Hoffman Jcf CEO | Officer | 40 | $295,309 |
Jane Espinoza Jcf CFO | Officer | 40 | $124,912 |
Brenda Landau Employee | 32 | $100,217 | |
Aaron Rottenstein Vice Chair | OfficerTrustee | 3 | $0 |
Ben Silverman Secretary | OfficerTrustee | 3 | $0 |
Anne Hameroff Co-Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sei Investments Co Investment Mgr | 12/30/20 | $433,171 |
Jewish Federation Of Southern Arizona Office Rent And Common Area Expense | 12/30/20 | $117,070 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $216,058 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,468,811 |
| Noncash contributions included in lines 1a–1f | $900,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,684,869 |
| Total Program Service Revenue | $314,681 |
| Investment income | $6,364,729 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $829,065 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,193,344 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,669,454 |
| 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. | $263,809 |
| Compensation of current officers, directors, key employees. | $107,002 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $394,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $161,893 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,192 |
| Fees for services: Accounting | $31,693 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $269,625 |
| Fees for services: Other | $50,808 |
| Advertising and promotion | $0 |
| Office expenses | $11,574 |
| Information technology | $53,710 |
| Royalties | $0 |
| Occupancy | $21,999 |
| Travel | $11,173 |
| 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 | $2,280 |
| Insurance | $32,681 |
| All other expenses | $0 |
| Total functional expenses | $11,002,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,059 |
| Savings and temporary cash investments | $32,249,267 |
| 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 | $1,991,618 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,972 |
| Net Land, buildings, and equipment | $86,021 |
| Investments—publicly traded securities | $76,524,050 |
| Investments—other securities | $28,222,737 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,708,184 |
| Total assets | $157,844,908 |
| Accounts payable and accrued expenses | $219,706 |
| Grants payable | $343,853 |
| Deferred revenue | $1,200 |
| 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 | $41,871,724 |
| Total liabilities | $42,436,483 |
| Net assets without donor restrictions | $99,093,696 |
| Net assets with donor restrictions | $16,314,729 |
| 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 | $157,844,908 |
Grants Awarded
Over the last fiscal year, Jewish Community Foundation Of Southern Arizona has awarded $9,152,058 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
Southeastern, PA PURPOSE: SUPPORT | $3,000,000 |
Tucson, AZ PURPOSE: SUPPORT | $1,130,656 |
Washington, DC PURPOSE: SUPPORT | $753,277 |
Tucson, AZ PURPOSE: SUPPORT | $540,553 |
Tucson, AZ PURPOSE: SUPPORT | $294,659 |
Tucson, AZ PURPOSE: SUPPORT | $279,761 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Jewish Community Foundation Of Southern Arizona has recieved totaling $684,640.
| Awarding Organization | Amount |
|---|---|
Handmaker Jewish Services For The Aging Tucson, AZ PURPOSE: SUPPORT STRONGER JEWISH AND GLOBAL COMMUNITIES | $598,069 |
Tankenoff Families Foundation Minneapolis, MN PURPOSE: CHARITABLE | $50,000 |
Jewish Federation Of Southern Arizona Tucson, AZ PURPOSE: SUPPORT OF MISSION | $36,561 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Endowment Analysis
| Beg. Balance | $38,417,941 |
| Earnings | $5,683,461 |
| Admin Expense | $465,944 |
| Net Contributions | $1,656,524 |
| Other Expense | $992,613 |
| Ending Balance | $44,299,369 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Santa Barbara Foundation Santa Barbara, CA | $456,585,072 | $53,590,434 |
The San Bruno Community Foundation San Bruno, CA | $57,381,282 | $2,122,835 |
Community Foundation For Monterey County Monterey, CA | $347,659,194 | $59,371,913 |
Community Foundation Santa Cruz County Aptos, CA | $201,628,792 | $52,106,005 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Nevada Community Foundation Inc Las Vegas, NV | $244,409,532 | $23,282,106 |
Liberty Hill Foundation Los Angeles, CA | $22,845,623 | $26,116,303 |
Sacramento Region Community Foundation Sacramento, CA | $172,758,711 | $24,599,020 |
Inland Empire Community Foundation Riverside, CA | $130,560,827 | $28,925,228 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Community Foundation Sonoma County Santa Rosa, CA | $227,314,167 | $31,190,414 |