Skip to content
Nonprofiteer
← CAROLINE & JOSEPH S GRUSS LIFE MONUMENT FUNDS INC

Form 990 for tax year 2024

Filed by CAROLINE & JOSEPH S GRUSS LIFE MONUMENT FUNDS INC.

Totals

Total revenue
$0
Total expenses
$5,927,629
Contributions and grants received
$0
Grants paid
$5,532,557
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$314,684
Total liabilities, end of year
$221,482
Net assets or fund balances, end of year
$93,202
Program services expenses (Part IX)
$5,553,557
Management and general expenses
$374,072
Fundraising expenses
$0
Program service expenses (Part III)
$5,553,557

Program services were 93.7% 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.

  • 3 · Investment income

    total $0 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,532,557 · program services $5,532,557

  • 6 · Compensation of disqualified persons

    total $198,000 · program services $0 · management and general $198,000 · fundraising $0

  • 9 · Other employee benefits

    total $2,167 · program services $0 · management and general $2,167 · fundraising $0

  • 10 · Payroll taxes

    total $15,163 · program services $0 · management and general $15,163 · fundraising $0

  • 11b · Fees: legal

    total $59,593 · program services $0 · management and general $59,593 · fundraising $0

  • 11c · Fees: accounting

    total $85,000 · program services $0 · management and general $85,000 · fundraising $0

  • 16 · Occupancy

    total $7,182 · program services $0 · management and general $7,182 · fundraising $0

  • 17 · Travel

    total $854 · program services $0 · management and general $854 · fundraising $0

  • 23 · Insurance

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

  • 24a · Other expenses: TELECOMMUNICATIONS

    total $1,166 · program services $0 · management and general $1,166 · fundraising $0

  • 24b · Other expenses: PROGRAM CONSULTANT

    total $21,000 · program services $21,000 · management and general $0 · fundraising $0

  • 24c · Other expenses: MISCELLANEOUS

    total $4,947 · program services $0 · management and general $4,947 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $195,810 · end of year $62,729

  • 4 · Accounts receivable

    beginning of year $272,634

  • 7 · Other notes and loans receivable

    beginning of year $49,155 · end of year $756

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

    $279,240

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

    $279,240

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $5,303,827

  • 12 · Investments: other securities

    beginning of year $189,349 · end of year $206,037

  • 15 · Other assets

    beginning of year $227,523 · end of year $45,162

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,469 · end of year $14,812

  • 18 · Grants payable

    beginning of year $198,998

  • 25 · Other liabilities

    end of year $206,670

  • 27 · Net assets without donor restrictions

    beginning of year -$16,212,845 · end of year $93,202

  • 28 · Net assets with donor restrictions

    beginning of year $22,233,676

Mission and programs · 2024

Mission

SUPPORT JEWISH EDUCATION

  • SPECIAL INNOVATIVE PROJECTS-THESE PROGRAMS ASSIST STUDENT AS WELL AS JEWISH SCHOOLS.

    Expenses $5,553,557 · Grants $5,553,557

As filed on the 2024 return.

Listed in Part VII

  • Jason Cury

    PRESIDENT

    Total calculated
    $198,000
    From this org
    $198,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    28

    Schedule J breakdown matched by us

    Base
    $198,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,330
    Filer's total
    $215,330

  • Martin Gruss

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.65

  • Mathew Maryles

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Lillian Eisman

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Alisa Doctorff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Eric Goldstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Evelyn Gruss Lipper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Joshua Gruss

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Bernard Laterman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Scott Shay

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dorothy Tananbaum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Amy Bressman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Billie Gold

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Sarene Shanus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Jeffrey Schoenfeld

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Sara Nathan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

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

None.

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

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
19 February 2025
IRS schema version
2024v5.2
Source object
202533089349302108

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.