Skip to content
Nonprofiteer
← MONTEFIORE FOUNDATION

Form 990 for tax year 2023

Filed by MONTEFIORE FOUNDATION.

Totals

Total revenue
$214,277
Total expenses
$346,771
Contributions and grants received
$259,718
Grants paid
$342,153
Program service revenue
$0
Investment income
$69,846
Other revenue
-$115,287
Total assets, end of year
$10,964,934
Total liabilities, end of year
$336,438
Net assets or fund balances, end of year
$10,628,496
Program services expenses (Part IX)
$342,153
Management and general expenses
$1,393
Fundraising expenses
$3,225
Program service expenses (Part III)
$342,153

Program services were 98.7% 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

    $450

  • 1c · Fundraising events

    $215,745

  • 1f · All other contributions, gifts and grants

    $43,523

  • 3 · Investment income

    total $69,846 · excluded $69,846

  • 8a · Fundraising events: gross income

    $12,650

  • 8a · Fundraising events: contributions included on line 1c

    $215,745

  • 8b · Fundraising events: direct expenses

    $127,937

  • 8c · Net income from fundraising events

    total -$115,287 · unrelated business $12,450 · excluded -$127,737

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $284,153 · program services $284,153

  • 2 · Grants to domestic individuals

    total $58,000 · program services $58,000

  • 11b · Fees: legal

    total $543 · management and general $543

  • 11c · Fees: accounting

    total $850 · management and general $850

  • 13 · Office expenses

    total $2,225 · fundraising $2,225

  • 16 · Occupancy

    total $1,000 · fundraising $1,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,006,216 · end of year $316,853

  • 3 · Pledges and grants receivable

    beginning of year $72,524 · end of year $0

  • 4 · Accounts receivable

    beginning of year $104,276 · end of year $900,130

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,396 · end of year $0

  • 12 · Investments: other securities

    beginning of year $8,734,053 · end of year $9,747,951

  • 15 · Other assets

    beginning of year $1,179,861 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $939 · end of year $29,500

  • 25 · Other liabilities

    beginning of year $318,171 · end of year $306,938

  • 27 · Net assets without donor restrictions

    beginning of year -$53,768 · end of year -$200,554

  • 28 · Net assets with donor restrictions

    beginning of year $10,853,984 · end of year $10,829,050

Mission and programs · 2023

Mission

THE MONTEFIORE FOUNDATION'S MISSION IS TO SUPPORT MENORAH PARK CENTER FOR SENIOR LIVING BET MOSHAV ZEKENIM HADATI (THE "CENTER"), AND TO AID AND SUPPORT THE ELDERLY.THIS MISSION IS CURRENTLY UNDERGOING REVISIONS AND IS IN THE PROCESS OF BEING REVIEWED BY THE BOARD.

Activities or mission (Part I)

THROUGH DECEMBER 2023, THE MONTEFIORE FOUNDATION'S MISSION IS TO SUPPORT MENORAH PARK CENTER FOR SENIOR LIVING BET MOSHAV ZEKENIM HADATI (THE "CENTER"), AND TO AID AND SUPPORT THE ELDERLY.AFTER DECEMBER 2023 AND FORWARD, THE MONTEFIORE FOUNDATION'S MISSION IS TO PROVIDE AID AND SUPPORT TO THE ELDERLY COMMUNITY WITHIN THE CLEVELAND AREA.

  • THROUGH DECEMBER 2023, THE MONTEFIORE FOUNDATION'S MISSION IS TO SUPPORT MENORAH PARK CENTER FOR SENIOR LIVING BET MOSHAV ZEKENIM HADATI (THE "CENTER"), AND TO AID AND SUPPORT THE ELDERLY.AFTER DECEMBER 2023 AND FORWARD, THE MONTEFIORE FOUNDATION'S MISSION IS TO PROVIDE AID AND SUPPORT TO THE ELDERLY COMMUNITY WITHIN THE CLEVELAND AREA.

    Expenses $342,153 · Grants $342,153

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

Listed in Part VII

  • Ken Marblestone

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Harry Singer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Marc Silverstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Judy Willensky

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

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
2023
Filed
6 May 2025
IRS schema version
2023v6.0
Source object
202501329349302200

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.