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Nonprofiteer
← IDA CROWN JEWISH ACADEMY ENDOWMENT FOUNDATION

Form 990 for tax year 2024

Filed by IDA CROWN JEWISH ACADEMY ENDOWMENT FOUNDATION.

Totals

Total revenue
$946,702
Total expenses
$412,788
Contributions and grants received
$28,963
Grants paid
$364,400
Program service revenue
$0
Investment income
$917,739
Other revenue
$0
Total assets, end of year
$7,059,313
Total liabilities, end of year
$40,000
Net assets or fund balances, end of year
$7,019,313
Program services expenses (Part IX)
$365,472
Management and general expenses
$38,575
Fundraising expenses
$8,741
Program service expenses (Part III)
$365,472

Program services were 88.5% 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

    $28,963

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $49,751 · excluded $49,751

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $4,939,692

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

    securities $4,071,704

  • 7c · Gain or loss

    securities $867,988 · other assets $0

  • 7d · Net gain or loss

    total $867,988 · excluded $867,988

  • 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.

  • 1 · Grants to domestic organizations and governments

    total $364,400 · program services $364,400

  • 11f · Fees: investment management

    total $19,868 · management and general $19,868

  • 11g · Fees: other

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

  • 24a · Other expenses: ALLOCATED EXPENSES

    total $27,574 · program services $126 · management and general $18,707 · fundraising $8,741

  • 24b · Other expenses: Other Expense

    total $946 · program services $946

  • 24e · All other expenses

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

Balance sheet

Part X, book values.

  • 3 · Pledges and grants receivable

    beginning of year $50,000 · end of year $50,000

  • 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

  • 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

  • 12 · Investments: other securities

    beginning of year $6,718,841 · end of year $6,911,286

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $96,270 · end of year $98,027

  • 18 · Grants payable

    beginning of year $0 · end of year $40,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $4,517,888 · end of year $4,653,272

  • 28 · Net assets with donor restrictions

    beginning of year $2,347,223 · end of year $2,366,041

Mission and programs · 2024

Mission

THE FOUNDATION WAS ESTABLISHED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF THE IDA CROWN JEWISH ACADEMY, A NOT-FOR-PROFIT ORGANIZATION.

Activities or mission (Part I)

THE FOUNDATION WAS ESTABLISHED EXCLUSIVELY FOR THE BENEFIT AND TO CARRY OUT THE PURPOSES OF THE IDA CROWN JEWISH ACADEMY, A NOT-FOR-PROFIT ORGANIZATION.

  • DISTRIBUTIONS ARE MADE FOR THE BENEFIT OF THE IDA CROWN JEWISH ACADEMY.

    Expenses $365,472 · Grants $364,400

As filed on the 2024 return.

Listed in Part VII

  • David Polster

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 1 related
  • Jacques Gliksberg

    VICE PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 1 related
  • Lawrence M Friedman

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yocheved Bechhofer

    SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 1 related
  • Alan Molotsky

    Director

    Total calculated
    $0
    Hours/week
    0.3
  • Aron Routman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Dr Jeffrey Kopin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Dr Marc Rubenstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Nathan H Lichtenstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Rabbi Mordechai Raizman

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    0.3
  • David S Rosen

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0.3
  • James A Pinkston

    ASSISTANT TREASURER

    Total calculated
    $0
    Hours/week
    0.3
  • Peter Chiswick

    ASSISTANT TREASURER

    Total calculated
    $0
    Hours/week
    0.3
  • Steven A Wander

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0.3

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
5 March 2026
IRS schema version
2024v5.1
Source object
202620649349301012

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