Form 990 for tax year 2022
Filed by WENDY AND AVRON FOGELMAN 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This return was superseded by a later amendment.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 2022 , filed 15 May 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) 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
- $2,648,183 changed to $2,743,089
- Total expenses
- $1,171,180 changed to $7,591,546
- Contributions and grants received
- $2,580,001 changed to $2,660,003
- Grants paid
- $1,171,180 changed to $7,591,546
- Investment income
- $68,182 changed to $83,086
- Total assets, end of year
- $5,368,610 changed to $6,394,260
- Total liabilities, end of year
- $0 changed to $6,420,366
- Net assets or fund balances, end of year
- $5,368,610 changed to -$26,106
- Program services expenses
- $1,171,180 changed to $7,591,546
- Program service expenses (Part III)
- $1,171,180 changed to $7,591,546
Listed only on the earlier return
- Irvin SkoppIRVIN SKOPP
- Scott VogelSCOTT VOGEL
Listed only on the later return
- Lawson ArneyLAWSON ARNEY
- Pace CooperPACE COOPER
Listed under a different title
- Anthony MorrisonANTHONY MORRISON: CURRENT CHAI then JFOM IMMEDIATE PAST CHAIR
- Charles JalenakCHARLES JALENAK: PAST CHAIR J then JFOM PAST CHAIR
- Jason SalomonJASON SALOMON: CURRENT TREA then JFOM CHAIR
- Ken SteinbergKEN STEINBERG: PAST CHAIR J then JFOM PAST CHAIR
- Laura LinderLAURA LINDER: PRESIDENT/CE then PRESIDENT/CEO
Totals
- Total revenue
- $2,648,183
- Total expenses
- $1,171,180
- Contributions and grants received
- $2,580,001
- Grants paid
- $1,171,180
- Program service revenue
- $0
- Investment income
- $68,182
- Other revenue
- $0
- Total assets, end of year
- $5,368,610
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,368,610
- Program services expenses (Part IX)
- $1,171,180
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,171,180
Program services were 100.0% 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
$2,580,001
-
3 · Investment income
total $65,830 · excluded $65,830
-
7a · Gross sales of assets other than inventory
securities $2,352
-
7c · Gain or loss
securities $2,352
-
7d · Net gain or loss
total $2,352 · related or exempt $2,352
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,171,180 · program services $1,171,180
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year -$1
-
11 · Investments: publicly traded securities
beginning of year $4,932,768 · end of year $5,368,611
-
28 · Net assets with donor restrictions
beginning of year $4,932,768 · end of year $5,368,610
Mission and programs · 2022
Mission
THE CORPORATION IS ORGANIZED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSES AND ACTIVITES OF THE JEWISH FOUNDATION OF MEMPHIS.
-
THE ORGANIZATION IS A SUPPORT ORGANIZATION FOR THE JEWISH FOUNDATION OF MEMPHIS. THE ORGANIZATION'S FUNDS ARE AVAILABLE TO BE USED FOR THE BENEFIT OF THE JEWISH FOUNDATION. PAYMENTS IN THE AMOUNT OF 1,171,000 WERE MADE DURING THE CURRENT YEAR.
Expenses $1,171,180 · Grants $1,171,180
As filed on the 2022 return.
Listed in Part VII
-
Laura LinderLAURA LINDER
PRESIDENT/CE
- Total calculated
- $262,986
- From this org
- $0
- From related orgs
- $245,700
- Other
- $17,286
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $245,700 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $13,028 related
- Nontaxable benefits
- not reported + $4,258 related
- Filer's total
- not reported + $262,986 related
-
Avron FogelmanAVRON FOGELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hal FogelmanHAL FOGELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark FogelmanMARK FOGELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard FogelmanRICHARD FOGELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wendy FogelmanWENDY FOGELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles JalenakCHARLES JALENAK
PAST CHAIR J
- Total calculated
- $0
- Hours/week
- 1
-
Anthony MorrisonANTHONY MORRISON
CURRENT CHAI
- Total calculated
- $0
- Hours/week
- 1
-
Jason SalomonJASON SALOMON
CURRENT TREA
- Total calculated
- $0
- Hours/week
- 1
-
Irvin SkoppIRVIN SKOPP
PAST TREASUR
- Total calculated
- $0
- Hours/week
- 1
-
Ken SteinbergKEN STEINBERG
PAST CHAIR J
- Total calculated
- $0
- Hours/week
- 1
-
Scott VogelSCOTT VOGEL
CURRENT CHAI
- Total calculated
- $0
- Hours/week
- 1
-
Earl WilliamsEARL WILLIAMS
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
None.
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
-
ADMIN OF TULANE EDUCATIONAL FUND
$750,000
FOR EXEMPT PURPOSE
-
$233,680
FOR EXEMPT PURPOSE
-
UNIVERSITY OF MEMPHIS FOUNDATION
$175,000
FOR EXEMPT PURPOSE
-
$12,500
FOR EXEMPT PURPOSE
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · COMMON FUN · TN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311329349307101
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