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Nonprofiteer
← BNAI ZION FOUNDATION INC

Form 990 for tax year 2023

Filed by BNAI ZION FOUNDATION INC.

Totals

Total revenue
$4,900,309
Total expenses
$5,090,918
Contributions and grants received
$4,442,164
Grants paid
$1,870,448
Program service revenue
$111,300
Investment income
$346,845
Other revenue
$0
Total assets, end of year
$17,883,977
Total liabilities, end of year
$4,781,908
Net assets or fund balances, end of year
$13,102,069
Program services expenses (Part IX)
$4,740,918
Management and general expenses
$312,877
Fundraising expenses
$37,123
Program service expenses (Part III)
$4,740,918

Program services were 93.1% 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.

  • 1a · Federated campaigns

    $4,317,892

  • 1b · Membership dues

    $11,340

  • 1d · Related organizations

    $112,932

  • 2a · Program service revenue: PLOT RESERVATION REVENUE

    total $111,300 · related or exempt $111,300

  • 3 · Investment income

    total $346,845 · excluded $346,845

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $1,870,448 · program services $1,870,448

  • 7 · Other salaries and wages

    total $699,365 · program services $615,441 · management and general $83,924

  • 9 · Other employee benefits

    total $32,327 · program services $24,245 · management and general $8,082

  • 10 · Payroll taxes

    total $15,316 · program services $11,487 · management and general $3,829

  • 11f · Fees: investment management

    total $93,044 · program services $93,044

  • 11g · Fees: other

    total $354,124 · program services $185,441 · management and general $157,393 · fundraising $11,290

  • 12 · Advertising and promotion

    total $121,130 · program services $121,130

  • 13 · Office expenses

    total $104,635 · program services $56,097 · management and general $48,371 · fundraising $167

  • 14 · Information technology

    total $6,266 · program services $6,266

  • 16 · Occupancy

    total $195,925 · program services $186,129 · management and general $9,796

  • 17 · Travel

    total $111,248 · program services $111,248

  • 19 · Conferences, conventions and meetings

    total $7,945 · program services $7,945

  • 20 · Interest

    total $316,251 · program services $316,251

  • 22 · Depreciation, depletion and amortization

    total $40,573 · program services $36,516 · fundraising $4,057

  • 23 · Insurance

    total $14,818 · program services $8,891 · management and general $1,482 · fundraising $4,445

  • 24a · Other expenses: US PROGRAM EXPENSES

    total $858,227 · program services $841,063 · fundraising $17,164

  • 24b · Other expenses: EDUCATION AND AWARENESS

    total $131,680 · program services $131,680

  • 24c · Other expenses: SPECIAL PROJECTS

    total $109,845 · program services $109,845

  • 24d · Other expenses: BANK CHARGES

    total $7,751 · program services $7,751

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,429,286 · end of year $3,359,743

  • 3 · Pledges and grants receivable

    beginning of year $918,929 · end of year $59,517

  • 7 · Other notes and loans receivable

    end of year $150,000

  • 9 · Prepaid expenses and deferred charges

    end of year $1,925

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

    $86,439

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

    $86,439

  • 11 · Investments: publicly traded securities

    beginning of year $1,035,580 · end of year $1,032,637

  • 12 · Investments: other securities

    beginning of year $13,135,098 · end of year $12,987,663

  • 13 · Investments: program-related

    beginning of year $317,728 · end of year $210,934

  • 14 · Intangible assets

    beginning of year $60,861 · end of year $20,288

  • 15 · Other assets

    beginning of year $61,270 · end of year $61,270

  • 17 · Accounts payable and accrued expenses

    beginning of year $55,502 · end of year $84,549

  • 23 · Secured mortgages and notes payable

    beginning of year $4,811,121 · end of year $4,477,372

  • 25 · Other liabilities

    beginning of year $292,041 · end of year $219,987

  • 27 · Net assets without donor restrictions

    beginning of year $11,800,088 · end of year $13,102,069

Mission and programs · 2023

Mission

THE BNAI ZION FOUNDATION OPERATES TO PROVIDE EDUCATIONAL ASSISTANCE, PROGRAMS, SERVICES, AND BURIAL BENEFITS TO ITS MEMBERS; ASSIST THOSE IN NEED WITH HUMANITARIAN PROJECTS IN THE UNITED STATES AND ISRAEL; FOSTER PHILO-SEMITISM THROUGH ENGAGEMENT AND EDUCATION WITH OTHER COMMUNITIES OF FAITH; AND SUPPORT THE SIGNIFICANT AND ENDURING TIE BETWEEN AMERICA AND ISRAEL.

  • THE BNAI ZION FOUNDATION OPERATES TO PROVIDE EDUCATIONAL ASSISTANCE, PROGRAMS, SERVICES, AND BURIAL BENEFITS TO ITS MEMBERS; ASSIST THOSE IN NEED WITH HUMANITARIAN PROJECTS IN THE UNITED STATES AND ISRAEL; FOSTER PHILO-SEMITISM THROUGH ENGAGEMENT AND EDUCATION WITH OTHER COMMUNITIES OF FAITH; AND SUPPORT THE SIGNIFICANT AND ENDURING TIE BETWEEN AMERICA AND ISRAEL.

    Expenses $4,740,918 · Grants $1,870,448

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

Listed in Part VII

  • Tzvi Ari Lamm

    CHIEF EXECUT

    Total calculated
    $333,076
    From this org
    $238,861
    From related orgs
    $0
    Other
    $94,215
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,861
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $94,215
    Filer's total
    $333,076

  • Justin B Hayet

    CHIEF OPERAT

    Total calculated
    $283,611
    From this org
    $0
    From related orgs
    $283,611
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $283,611 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $283,611 related

  • George W Schaeffer

    CHAIRMAN OF

    Total calculated
    $0

  • Stephen Savitsky

    PRESIDENT

    Total calculated
    $0

  • Jan Kiderman

    VICE PRESIDE

    Total calculated
    $0

  • Shira Lewis

    TREASURER

    Total calculated
    $0

  • Gabriella Diamond

    BOARD MEMBER

    Total calculated
    $0

  • David Edrich

    BOARD MEMBER

    Total calculated
    $0

  • Sharon Halpern

    BOARD MEMBER

    Total calculated
    $0

  • Daniel Posner

    BOARD MEMBER

    Total calculated
    $0

  • Liran Yechiel

    BOARD MEMBER

    Total calculated
    $0

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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 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.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BURIAL GROUNDS COMMITEE ORDER SONS BURIAL COMMITEE ORDER SONS

    BURIAL SOC · NY

    Directly controlled by BNAI ZION BNAI ZION FOUNDATION INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SOUL SHOP INC

    FAITH-DRIV

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202443199349319264

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