Form 990 for tax year 2022
Filed by JEWISH COMMUNITY FOUNDATION OF NEW MEXICO.
Totals
- Total revenue
- $1,591,364
- Total expenses
- $647,205
- Contributions and grants received
- $1,517,380
- Grants paid
- $515,544
- Program service revenue
- $52,613
- Investment income
- $23,740
- Other revenue
- -$2,369
- Total assets, end of year
- $8,901,640
- Total liabilities, end of year
- $3,823,226
- Net assets or fund balances, end of year
- $5,078,414
- Program services expenses (Part IX)
- $581,375
- Management and general expenses
- $52,664
- Fundraising expenses
- $13,166
- Program service expenses (Part III)
- $581,375
Program services were 89.8% 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
$1,517,380
-
1g · Noncash contributions included above
$37,557
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $52,613 · related or exempt $52,613
-
3 · Investment income
total $23,740 · related or exempt $23,740
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$1,000
-
8b · Fundraising events: direct expenses
$3,369
-
8c · Net income from fundraising events
total -$2,369
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $515,544 · program services $515,544
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $47,520 · program services $23,760 · management and general $19,008 · fundraising $4,752
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $3,730 · program services $1,865 · management and general $1,492 · fundraising $373
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $17,328 · program services $8,664 · management and general $6,931 · fundraising $1,733
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $50,512 · program services $25,256 · management and general $20,205 · fundraising $5,051
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,920 · program services $960 · management and general $768 · fundraising $192
-
13 · Office expenses
total $3,036 · program services $1,518 · management and general $1,214 · fundraising $304
-
14 · Information technology
total $4,461 · program services $2,231 · management and general $1,784 · fundraising $446
-
15 · Royalties
total $0
-
16 · Occupancy
total $500 · program services $250 · management and general $200 · fundraising $50
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,544 · program services $772 · management and general $618 · fundraising $154
-
24a · Other expenses: educational outreach
total $1,110 · program services $555 · management and general $444 · fundraising $111
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $165,527 · end of year $289,608
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $13,744 · end of year $13,698
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $3,287 · end of year $3,465
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $9,450,769 · end of year $8,594,869
-
17 · Accounts payable and accrued expenses
beginning of year $12,954 · end of year $9,027
-
25 · Other liabilities
beginning of year $5,134,758 · end of year $3,814,199
-
27 · Net assets without donor restrictions
beginning of year $2,502,990 · end of year $2,875,381
-
28 · Net assets with donor restrictions
beginning of year $1,982,625 · end of year $2,203,033
Mission and programs · 2022
Mission
TO BUILD AND PERPETUATE SUPPORT FOR A VIBRANT, CARING JEWISH COMMUNITY THROUGH PARTNERSHIPS WITH DONORS AND ORGANIZATIONS. THE FOUNDATION RECEIVES, ADMINISTERS AND DISPOSES OF FUNDS FOR CHARITABLE PURPOSES.
-
THE FOUNDATION PROVIDES PHILANTHROPIC SERVICES FOR INDIVIDUAL DONORS AND NONPROFIT ORGANIZATIONS IN THE JEWISH COMMUNITY. SERVICES INCLUDE GRANT MAKING, FIELD OF INTEREST RESEARCH, CONSULTATIONS WITH PROFESSIONAL ADVISORS, FUND INVESTMENT, MANAGEMENT AND REPORTING. IN ADDITION, THE FOUNDATION SHARES EDUCATIONAL INFORMATION ABOUT CHARITABLE/LEGACY PLANNING, FUNDING IDEAS AND CHARITABLE OPPORTUNITIES IN THE JEWISH AND BROADER COMMUNITIES.ACCOMPLISHMENTS INCLUDE:FOUNDATION DISTRIBUTED GRANTS FROM NET ASSETS TOTALING $515,544 TO 167 CHARITABLE ORGANIZATIONS. GRANTS ADDRESSED NEEDS IN A VARIETY OF AREAS INCLUDING HEALTH, HUMAN SERVICES, EDUCATION, RELIGION, CULTURE, ENVIRONMENT, IMMIGRANT AND REFUGEE ASSISTANCE, AND THE ARTS. ONE COLLEGE SCHOLARSHIP, SEVEN CAMP SCHOLARSHIPS, AND TWO ISRAEL EXPERIENCE SCHOLARSHIPS WERE AWARDED ON BEHALF OF NEW MEXICO YOUTH.FOUNDATION STAFF HELPED EDUCATE THE JEWISH COMMUNITY ABOUT CHARITABLE PLANNING AND WORKED WITH DONORS TO DEVELOP LEGACY PLANS AND OPEN FUNDS TO SUPPORT CHARITABLE ORGANIZATIONS AND CAUSES NOW AND INTO THE FUTURE. FOUNDATION EXTENDED ITS PARTICIPATION IN THE LIFE & LEGACY ENDOWMENT DEVELOPMENT PROGRAM IN PARTNERSHIP WITH HAROLD GRINSPOON FOUNDATION. LIFE & LEGACY, A PROVEN, SUCCESSFUL INITIATIVE IN 65 OTHER COMMUNITIES THROUGHOUT NORTH AMERICA, PROMOTES AFTER-LIFETIME GIVING TO BENEFIT JEWISH ORGANIZATIONS. THE PROGRAM EMPHASIZES STEWARDSHIP AND FORMALIZATION OF LEGACY GIFTS AND PROMOTES A COLLABORATIVE APPROACH THAT STRENGTHENS THE ENTIRE COMMUNITY. NINE JEWISH ORGANIZATIONS (7 IN ALBUQUERQUE AND 2 IN SANTA FE) ARE PARTICIPATING. AS OF DECEMBER 31, 2022, THE PROGRAM HAD GENERATED LEGACY GIFTS WITH AN ESTIMATED VALUE OF $6.2 MILLION AND $736,000 OF REALIZED ENDOWMENT GIFTS. FOUNDATION MANAGED INVESTMENTS TO MAXIMIZE RETURNS CONSISTENT WITH ITS INVESTMENT AND DISTRIBUTION POLICIES.
Expenses $581,375 · Grants $515,544 · Revenue $52,613
As filed on the 2022 return.
Listed in Part VII
-
ERIKA RIMSON
Executive Dir.
- Total calculated
- $47,520
- From this org
- $47,520
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
TERRY LEE HELLER
Director
- Total calculated
- $0
- Hours/week
- 1
-
LISA FRIEDMAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
HERB KOFFLER
Director
- Total calculated
- $0
- Hours/week
- 1
-
SARAH NEWMAN
SECRETARY/DIR
- Total calculated
- $0
- Hours/week
- 2
-
BOB DAVIS
TREASURER/DIR
- Total calculated
- $0
- Hours/week
- 2
-
GRACE ALLISON
Director
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT CHOATE
Director
- Total calculated
- $0
- Hours/week
- 1
-
MIKE KIVITZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
ANDREW GANS
Director
- Total calculated
- $0
- Hours/week
- 1
-
MARCI POWERS
Director
- Total calculated
- $0
- Hours/week
- 1
-
VIRGINIA MORAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
JENNIE NEGIN
Director
- Total calculated
- $0
- Hours/week
- 1
-
ISRAEL SUSHMAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN ROGERS
Director
- Total calculated
- $0
- Hours/week
- 1
-
JUDITH ZABEL
Director
- Total calculated
- $0
- Hours/week
- 1
-
RAE SIPORIN
Director
- Total calculated
- $0
- Hours/week
- 1
-
JAY ROSENBLUM
CHAIR/DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DAN NEWMAN
VICE CHAIR/DIR
- Total calculated
- $0
- Hours/week
- 2
-
SARAH WINGER
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.
Grants on this return
-
$78,350
GENERAL SUPPORT;SOCIAL SERVICES
-
$71,050
GENERAL SUPPORT
-
$58,191
GENERAL SUPPORT
-
$40,000
GENERAL SUPPORT
-
$27,643
GENERAL SUPPORT AND EDUCATION
-
$21,078
GENERAL SUPPORT
-
$20,000
GENERAL SUPPORT
-
$14,500
GENERAL SUPPORT
-
$13,164
GEN'L SUPPORT;SOC SVCS;EDUCATION
-
$11,886
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311319349306941
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