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← SHALEM FOUNDATION

Form 990 for tax year 2023

Filed by SHALEM FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 25 February 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$36,159,584 changed to $36,449,781
Total expenses
$14,158,079 changed to $14,380,374
Contributions and grants received
$36,074,601 changed to $36,364,094
Grants paid
$13,881,777 changed to $14,123,488
Investment income
$84,983 changed to $85,687
Total assets, end of year
$28,237,308 changed to $27,315,445
Total liabilities, end of year
$1,572,420 changed to $1,568,583
Net assets or fund balances, end of year
$26,664,888 changed to $25,746,862
Program services expenses
$13,881,777 changed to $14,123,488
Management and general expenses
$51,302 changed to $56,886
Fundraising expenses
$225,000 changed to $200,000
Program service expenses (Part III)
$13,881,777 changed to $14,123,488

Totals

Total revenue
$36,159,584
Total expenses
$14,158,079
Contributions and grants received
$36,074,601
Grants paid
$13,881,777
Program service revenue
$0
Investment income
$84,983
Other revenue
$0
Total assets, end of year
$28,237,308
Total liabilities, end of year
$1,572,420
Net assets or fund balances, end of year
$26,664,888
Program services expenses (Part IX)
$13,881,777
Management and general expenses
$51,302
Fundraising expenses
$225,000
Program service expenses (Part III)
$13,881,777

Program services were 98.0% 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

    $36,074,601

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $84,983 · excluded $84,983

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $13,881,777 · program services $13,881,777

  • 11b · Fees: legal

    total $1,456 · management and general $1,456

  • 11c · Fees: accounting

    total $21,967 · management and general $21,967

  • 11f · Fees: investment management

    total $11,129 · management and general $11,129

  • 11g · Fees: other

    total $235,630 · program services $0 · management and general $10,630 · fundraising $225,000

  • 13 · Office expenses

    total $6,120 · management and general $6,120

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $56,453 · end of year $125,485

  • 2 · Savings and temporary cash investments

    beginning of year $345 · end of year $345

  • 3 · Pledges and grants receivable

    beginning of year $1,729,817 · end of year $23,584,027

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,566 · end of year $132,441

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $3,784,458 · end of year $4,395,010

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $48,000 · end of year $48,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,211,270 · end of year $1,524,420

  • 27 · Net assets without donor restrictions

    beginning of year $184,199 · end of year $184,199

  • 28 · Net assets with donor restrictions

    beginning of year $4,152,170 · end of year $26,480,689

Mission and programs · 2023

Mission

TO PROMOTE AND FOSTER THE CREATION OF A ZIONIST INTELLECTUAL INFRASTRUCTURE FOR THE STATE OF ISRAEL, THE DEVELOPMENT OF A JEWISH NATIONAL CULTURE, AND THE ESTABLISHMENT AND PROMOTION OF INTELLECTUAL AND ECONOMIC LIBERTY.

Activities or mission (Part I)

TO PROMOTE AND FOSTER ZIONIST INTELLECTUAL INFRASTRUCTURE FOR THE STATE OF ISRAEL.

  • PROMOTING AND FOSTERING THE CREATION OF A ZIONIST INTELLECTUAL INFRASTRUCTURE FOR THE STATE OF ISRAEL, THE DEVELOPMENT OF A JEWISH NATIONAL CULTURE, AND THE PROMOTION OF INTELLECTUAL AND ECONOMIC LIBERTY.

    Expenses $13,881,777 · Grants $13,881,777

As filed on the 2023 return.

Listed in Part VII

  • DANIEL POLISAR

    PRESIDENT

    Total calculated
    $0
    Hours/week
    20

  • DAVID MESSER

    CHAIRMAN/TREASURER

    Total calculated
    $0
    Hours/week
    5

  • ELISA PALTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ISAAC APPLBAUM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JED ARKIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LOUIS FRENKEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • POLINA LIBERMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • YAIR SHAMIR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • YUDI LEVY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JONATHAN MENSH

    ASSISTANT TREASURER

    Total calculated
    $0
    Hours/week
    10

  • SETH GOLDSTEIN

    SECRETARY

    Total calculated
    $0
    Hours/week
    15

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349307214

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