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Nonprofiteer
← JEWISH FOUNDATION OF GREATER NEW HAVEN INC

Form 990 for tax year 2023

Filed by JEWISH FOUNDATION OF GREATER NEW HAVEN INC.

Totals

Total revenue
$2,373,190
Total expenses
$4,578,724
Contributions and grants received
$1,306,847
Grants paid
$3,504,497
Program service revenue
$166,814
Investment income
$899,529
Other revenue
$0
Total assets, end of year
$73,777,823
Total liabilities, end of year
$15,314,627
Net assets or fund balances, end of year
$58,463,196
Program services expenses (Part IX)
$3,642,394
Management and general expenses
$716,371
Fundraising expenses
$219,959
Program service expenses (Part III)
$3,642,394

Program services were 79.6% 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.

  • 1f · All other contributions, gifts and grants

    $1,306,847

  • 1g · Noncash contributions included above

    $194,959

  • 2a · Program service revenue: ADMINISTRATION FEE

    total $166,814 · related or exempt $166,814

  • 3 · Investment income

    total $707,061 · excluded $707,061

  • 7a · Gross sales of assets other than inventory

    securities $10,352,962

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

    securities $10,160,494

  • 7c · Gain or loss

    securities $192,468

  • 7d · Net gain or loss

    total $192,468 · excluded $192,468

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,504,497 · program services $3,504,497

  • 5 · Compensation of officers, directors and key employees

    total $159,703 · program services $7,787 · management and general $104,964 · fundraising $46,952

  • 7 · Other salaries and wages

    total $335,284 · program services $16,348 · management and general $220,365 · fundraising $98,571

  • 9 · Other employee benefits

    total $16,467 · program services $803 · management and general $10,823 · fundraising $4,841

  • 10 · Payroll taxes

    total $38,518 · program services $1,879 · management and general $25,315 · fundraising $11,324

  • 11f · Fees: investment management

    total $213,841 · management and general $213,841

  • 11g · Fees: other

    total $96,699 · program services $1,495 · management and general $59,274 · fundraising $35,930

  • 12 · Advertising and promotion

    total $45,854 · program services $2,571 · management and general $22,412 · fundraising $20,871

  • 13 · Office expenses

    total $51,092 · management and general $51,092

  • 22 · Depreciation, depletion and amortization

    total $1,828 · management and general $1,828

  • 24a · Other expenses: PROGRAM EXPENSES

    total $106,760 · program services $106,760

  • 24b · Other expenses: UTILITIES

    total $5,070 · program services $254 · management and general $3,346 · fundraising $1,470

  • 24c · Other expenses: BANK AND PAYROLL FEES

    total $3,111 · management and general $3,111

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $99,204 · end of year $50,887

  • 3 · Pledges and grants receivable

    beginning of year $463 · end of year $49,805

  • 7 · Other notes and loans receivable

    beginning of year $1,358,753 · end of year $1,358,753

  • 9 · Prepaid expenses and deferred charges

    beginning of year $160,598 · end of year $52,196

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

    $34,209

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

    $23,622

  • 10c · Land, buildings and equipment, net

    beginning of year $5,915 · end of year $10,587

  • 11 · Investments: publicly traded securities

    beginning of year $28,038,652 · end of year $31,750,739

  • 12 · Investments: other securities

    beginning of year $41,754,379 · end of year $40,251,414

  • 15 · Other assets

    beginning of year $237,782 · end of year $253,442

  • 17 · Accounts payable and accrued expenses

    beginning of year $117,858 · end of year $122,240

  • 21 · Escrow or custodial account liability

    beginning of year $14,078,587 · end of year $14,734,484

  • 25 · Other liabilities

    beginning of year $477,735 · end of year $457,903

  • 27 · Net assets without donor restrictions

    beginning of year $5,691,495 · end of year $5,571,651

  • 28 · Net assets with donor restrictions

    beginning of year $51,290,071 · end of year $52,891,545

Mission and programs · 2023

Mission

THE JEWISH FOUNDATION OF GREATER NEW HAVEN'S MISSION IS TO SOLICIT AND PROPERLY MANAGE CURRENT AND NEW CHARITABLE ENDOWMENTS AND PLANNED GIFTS FOR ORGANIZATIONS IN GREATER NEW HAVEN SO THAT THERE WILL BE PERMANENT AND ONGOING FUNDING FOR THE JEWISH FEDERATION OF GREATER NEW HAVEN, JEWISH EDUCATION, SYNAGOGUES, THE JEWISH ELDERLY AND CAMPING AND DAY SCHOOLS, AND THOSE IN NEED FOR CURRENT AND FUTURE GENERATIONS.

Activities or mission (Part I)

THE JEWISH FOUNDATION OF GREATER NEW HAVEN, INC. SOLICITS AND MANAGES ENDOWMENT FUNDS AND PLANNED GIFTS FOR THE JEWISH FEDERATION OF GREATER NEW HAVEN AND FOR AREA SYNAGOGUES AND JEWISH ORGANIZATIONS

  • THE JEWISH FOUNDATION WORKS WITH AREA JEWISH AGENCIES, THE JEWISH FEDERATION, AND AREA SYNAGOGUES TO SOLICIT NEW CHARITABLE ENDOWMENTS, MANAGE AND DISTRIBUTE FROM CURRENT ENDOWMENTS, AND STEWARD DONORS. THE FOUNDATION ALSO LEADS LOCAL PROJECTS AND INITIATIVES INCLUDING THE CREATE A JEWISH LEGACY INITIATIVE, WOMEN OF VISION SOCIETY, BUILD A TZEDAKAH, AND THE JEWISH SCHOLARSHIP INITIATIVE. IN ADDITION,THE JEWISH FOUNDATION MANAGES AND DEPLOYS SECURITY GRANTS FOR AREA JEWISH ORGANIZATIONS AND SYNAGOGUES, AS WELL AS THE GRANTS FOR THE JEWISH ELDERLY AND WOMEN OF VISION SOCIETY INITIATIVES.

    Expenses $3,642,394 · Grants $3,504,497

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

Listed in Part VII

  • Scott Hurwitz

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Norman Alderman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nan Birdwhistell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Linda Caplan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Marty Cobern

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nancy Cohen

    WOMEN OF VISION PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Suzanne Frisch

    DEVELOPMENT CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Glen Greenberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Erica Gross

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Eric Grubman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • David Hass

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jackie Koral

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sara Nuland

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Price

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Linda Randell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lewis Shaffer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Doug Skalka

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kal Watsky

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Richard Weiss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gerry Barker

    FEDERATION PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Rabbi Benjamin Scolnic

    BRD OF RABBIS APPOINTEE

    Total calculated
    $0
    Hours/week
    1

  • Steve Fleischman

    PAST FEDERATION CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Steve Glick

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Betsy Hoos

    WOMEN'S COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Hoos

    PAST FEDERATION CHAIR

    Total calculated
    $0
    Hours/week
    1

  • John Levy

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Stephen Saltzman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Craig Sklar

    INVESTMENT CHAIR AND JEWISH ELDERLY GRANTS CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Mark Sklarz

    GOVERNANCE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • David Trachten

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lisa Stanger Esq

    EXECUTIVE DIRECTOR

    Total calculated
    $159,704
    From this org
    $159,704
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,704
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $159,704

  • Eric Green

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Eric Handlin

    TREASURER

    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

  • 3 · Compensation survey or study

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

The 10 largest by cash amount. The API serves every itemized grant.

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
27 September 2024
IRS schema version
2023v5.1
Source object
202422759349301277

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

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