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← SHALEM FOUNDATION

Form 990 for tax year 2024

Filed by SHALEM FOUNDATION.

Totals

Total revenue
$18,497,829
Total expenses
$8,757,272
Contributions and grants received
$18,433,668
Grants paid
$8,461,036
Program service revenue
$0
Investment income
$64,161
Other revenue
$0
Total assets, end of year
$37,603,386
Total liabilities, end of year
$1,836,023
Net assets or fund balances, end of year
$35,767,363
Program services expenses (Part IX)
$8,461,036
Management and general expenses
$77,486
Fundraising expenses
$218,750
Program service expenses (Part III)
$8,461,036

Program services were 96.6% 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

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $18,433,668

  • 1g · Noncash contributions included above

    $132,159

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $64,063 · excluded $64,063

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $25,276

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

    securities $25,178

  • 7c · Gain or loss

    securities $98 · other assets $0

  • 7d · Net gain or loss

    total $98 · excluded $98

  • 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 $8,461,036 · program services $8,461,036

  • 11c · Fees: accounting

    total $48,300 · management and general $48,300

  • 11f · Fees: investment management

    total $17,227 · management and general $17,227

  • 11g · Fees: other

    total $219,025 · program services $0 · management and general $275 · fundraising $218,750

  • 13 · Office expenses

    total $9,293 · management and general $9,293

  • 16 · Occupancy

    total $2,391 · management and general $2,391

  • 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 $125,485 · end of year $121,579

  • 2 · Savings and temporary cash investments

    beginning of year $345 · end of year $345

  • 3 · Pledges and grants receivable

    beginning of year $22,769,605 · end of year $32,475,688

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $25,000 · end of year $25,000

  • 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 $4,395,010 · end of year $4,980,774

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,584 · end of year $25,023

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $48,000 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,514,999 · end of year $1,811,000

  • 27 · Net assets without donor restrictions

    beginning of year -$143,457 · end of year $24,875

  • 28 · Net assets with donor restrictions

    beginning of year $25,890,319 · end of year $35,742,488

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

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 $8,461,036 · Grants $8,461,036

As filed on the 2024 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
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202533179349308353

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