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← PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA INC

Form 990 for tax year 2023

Filed by PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA INC.

Totals

Total revenue
$4,306,789
Total expenses
$5,803,825
Contributions and grants received
$3,557,349
Grants paid
$3,328,034
Program service revenue
$140,952
Investment income
$598,783
Other revenue
$9,705
Total assets, end of year
$13,759,909
Total liabilities, end of year
$32,752
Net assets or fund balances, end of year
$13,727,157
Program services expenses (Part IX)
$5,003,673
Management and general expenses
$368,361
Fundraising expenses
$431,791
Program service expenses (Part III)
$5,003,673

Program services were 86.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,557,349

  • 2a · Program service revenue: TUITION AND FEES INCOME

    total $140,952 · related or exempt $140,952

  • 3 · Investment income

    total $601,340 · excluded $601,340

  • 7a · Gross sales of assets other than inventory

    securities $624,686

  • 7b · Less cost or other basis and sales expenses

    securities $627,243

  • 7c · Gain or loss

    securities -$2,557

  • 7d · Net gain or loss

    total -$2,557 · excluded -$2,557

  • 11a · Other revenue: OTHER INCOME

    total $9,705 · excluded $9,705

  • 11e · Other revenue, total

    $9,705

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $3,328,034 · program services $3,328,034

  • 5 · Compensation of officers, directors and key employees

    total $290,103 · program services $236,907 · management and general $26,598 · fundraising $26,598

  • 7 · Other salaries and wages

    total $1,117,690 · program services $762,718 · management and general $142,803 · fundraising $212,169

  • 8 · Pension plan contributions

    total $20,521 · program services $14,469 · management and general $2,261 · fundraising $3,791

  • 9 · Other employee benefits

    total $112,789 · program services $77,248 · management and general $16,022 · fundraising $19,519

  • 10 · Payroll taxes

    total $123,162 · program services $85,637 · management and general $16,757 · fundraising $20,768

  • 11b · Fees: legal

    total $9,789 · management and general $9,789

  • 11c · Fees: accounting

    total $21,750 · management and general $21,750

  • 11g · Fees: other

    total $218,893 · program services $122,056 · management and general $48,419 · fundraising $48,418

  • 12 · Advertising and promotion

    total $9,916 · program services $8,924 · management and general $992

  • 13 · Office expenses

    total $108,972 · program services $43,480 · management and general $15,297 · fundraising $50,195

  • 14 · Information technology

    total $119,422 · program services $33,089 · management and general $57,037 · fundraising $29,296

  • 16 · Occupancy

    total $16,942 · program services $5,647 · management and general $5,648 · fundraising $5,647

  • 17 · Travel

    total $123,172 · program services $111,305 · fundraising $11,867

  • 19 · Conferences, conventions and meetings

    total $164,565 · program services $161,589 · fundraising $2,976

  • 23 · Insurance

    total $4,493 · management and general $4,493

  • 24a · Other expenses: OTHER EXPENSES

    total $13,489 · program services $12,570 · management and general $372 · fundraising $547

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $123 · management and general $123

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $283,195 · end of year $189,789

  • 2 · Savings and temporary cash investments

    beginning of year $1,761,286 · end of year $2,037,534

  • 3 · Pledges and grants receivable

    beginning of year $5,122,790 · end of year $2,565,578

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,654 · end of year $14,793

  • 11 · Investments: publicly traded securities

    beginning of year $8,076,227 · end of year $8,934,951

  • 15 · Other assets

    beginning of year $30,643 · end of year $17,264

  • 17 · Accounts payable and accrued expenses

    beginning of year $67,887 · end of year $14,681

  • 25 · Other liabilities

    beginning of year $31,636 · end of year $18,071

  • 27 · Net assets without donor restrictions

    beginning of year $361,596 · end of year $1,028,524

  • 28 · Net assets with donor restrictions

    beginning of year $14,835,676 · end of year $12,698,633

Mission and programs · 2023

Mission

THE PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA, INC. ("PARDES") WAS ORGANIZED FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT TO THE STUDENTS AND FACULTY OF THE PARDES INSTITUTE FOR JEWISH STUDIES (THE "INSTITUTE") IN JERUSALEM, ISRAEL. PARDES' MISSION HAS SINCE BEEN BROADENED TO DRAMATICALLY EXPAND ACCESS TO DEEP, ACCESSIBLE JEWISH LEARNING EXPERIENCES WITHIN INTIMATE COMMUNITIES ACROSS NORTH AMERICA.

Activities or mission (Part I)

PROVIDE AN OPEN, INCLUSIVE, DIVERSE AND INTELLECTUALLY CHALLENGING ENVIRONMENT IN JERUSALEM WHICH ENGAGES ALL JEWS IN THE STUDY OF CLASSIC TEXTS AND IDEAS OF THEIR HERITAGE. SIMULTANEOUSLY, PARDES NORTH AMERICAS MISSION IS TO DRAMATICALLY EXPAND ACCESS TO DEEP, ACCESSIBLE JEWISH LEARNING EXPERIENCES WITHIN INTIMATE COMMUNITIES ACROSS NORTH AMERICA.

  • PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA, PROVIDES FINANCIAL AND MANAGERIAL SUPPORT FOR THE PARDES INSTITUTE OF JEWISH STUDIES IN JERUSALEM AND THE PROGRAMMING PARDES PROVIDES IN NORTH AMERICA. THROUGH ITS EFFORTS, THOUSANDS OF PARDES ALUMNI HAVE ACQUIRED EXTRAORDINARY JEWISH EDUCATION AT PARDES IN ISRAEL, AND RETURNING TO THE UNITED STATES, AND ELSEWHERE AROUND THE GLOBE TO BECOME TEACHERS AND/OR LEADERS OF JEWISH INSTITUTIONS, SCHOOLS, AND COMMUNITY ORGANIZATIONS. PARDES STUDENTS ARE GENERALLY GRADUATES OF THE TOP COLLEGES AND UNIVERSITIES IN THE U.S., WHO ARE SEEKING A SPIRITUAL CONNECTION AND INTELLECTUAL UNDERSTANDING OF THEIR JEWISH HERITAGE BEFORE GOING ON TO GRADUATE PROGRAMS IN BUSINESS, MEDICINE, SCIENCES, EDUCATION, AND THE RABBINATE. MANY GRADUATES ASSUME PROFESSIONAL LEADERSHIP POSITIONS WITHIN THE JEWISH COMMUNITY.

    Expenses $5,003,673 · Grants $3,328,034 · Revenue $140,952

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joshua Chadajo

    EXEC DIR UNT

    Total calculated
    $266,621
    From this org
    $245,768
    From related orgs
    $0
    Other
    $20,853
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,768
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,303
    Nontaxable benefits
    $7,550
    Filer's total
    $266,621
  • Faith Brigham Leener

    CHIEF INNOVA

    Total calculated
    $163,362
    From this org
    $155,428
    From related orgs
    $0
    Other
    $7,934
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,428
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,000
    Nontaxable benefits
    $4,934
    Filer's total
    $163,362
  • Mark S Freedman

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Michael Gordon

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Karen Rivo

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Bryan Kocen

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Thomas K Barad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deborah Denenberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jessica Fain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rabbi David Gedzelman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elaine Hochberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniel Krasner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Kuney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Levenfus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ilana Meskin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deborah Shapira

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Suzanne Wachsstock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Libby Werthan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Moshe Werthan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
7 July 2025
IRS schema version
2023v6.0
Source object
202501959349301870

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