Form 990 for tax year 2023

Totals

Total revenue

$16,541,227

Total expenses

$18,651,850

Contributions and grants received

$15,689,775

Grants paid

$17,514,960

Program service revenue

$0

Investment income

$851,452

Other revenue

$0

Total assets, end of year

$9,316,235

Total liabilities, end of year

$74,169

Net assets or fund balances, end of year

$9,242,066

Program services expenses (Part IX)

$17,514,960

Management and general expenses

$468,762

Fundraising expenses

$668,128

Program service expenses (Part III)

$17,514,960

Program services were 93.9% 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.

Mission and programs · 2023

• THE FOUNDATION AWARDED $14,580,863 IN NEEDS-BASED SCHOLARSHIPS TO 952 DAY SCHOOL STUDENTS FROM LOW- AND MODERATE-INCOME HOUSEHOLDS WHO QUALIFIED FOR THE EDUCATIONAL IMPROVEMENT TAX CREDIT (EITC) PROGRAM OF THE COMMONWEALTH OF PENNSYLVANIA.CERTAIN AMOUNTS OF CONTRIBUTIONS, WITHIN ALLOWABLE LIMITS OF PROGRAM GUIDELINES, WERE SET ASIDE TO CREATE "RESERVE FUNDS" TO CREATE A SUPPLEMENTAL SOURCE FOR NEED-BASED SCHOLARSHIPS BASED ON CERTAIN TRIGGERING EVENTS, AS DEFINED: 1. A LEGISLATIVE OR GOVERNMENTAL CHANGE CREATES A NEGATIVE IMPACT ON THE PROGRAM2. UNFORESEEN CIRCUMSTANCES WHICH NEGATIVELY IMPACT THE ECONOMY, SCHOOL TUITION COLLECTIONS, ETC.3. ONCE THE TOTAL OF THE SCHOOL'S RESERVE FUNDS HAS REACHED AN AMOUNT OF OVER 50% OF THE AVERAGE OF DAY SCHOOL'S PRECEDING THREE YEARS OF EITC/OSTC CONTRIBUTIONS, THE SCHOOL MAY DISTRIBUTE FUNDS TO STUDENTS WHO ARE PENNSYLVANIA RESIDENTS ACCORDING TO EACH DAY SCHOOL'S CRITERIA FOR DETERMINING FINANCIAL NEED, OR ACCORDING TO THE STATE'S CRITERIA ALREADY FOLLOWED BY THE FOUNDATION, AT THE SCHOOL'S DISCRETION.

  Expenses $14,580,863 · Grants $14,580,863

• THE FOUNDATION AWARDED $711,242 IN NEEDS-BASED SCHOLARSHIPS TO 166 PRE-SCHOOL STUDENTS FROM LOW- AND MODERATE-INCOME HOUSEHOLDS WHO ATTEND PRE-SCHOOLS THAT FOSTER JEWISH IDENTITY IN THE GREATER PHILADELPHIA AREA AND WHO QUALIFY FOR THE PRE-K EDUCATIONAL IMPROVEMENT TAX CREDIT PROGRAM OF THE COMMONWEALTH OF PENNSYLVANIA.

  Expenses $711,242 · Grants $711,242

• THE FOUNDATION AWARDED $ 2,043,149 IN NEEDS-BASED SCHOLARSHIPS TO 206 DAY SCHOOL STUDENTS WHO LIVE WITHIN THE CATCHMENT AREA OF ONE OF THE 15% POOREST PERFORMING SCHOOLS IN THE COMMONWEALTH OF PENNSYLVANIA AS ALLOWED UNDER THE OPPORTUNITY SCHOLARSHIP TAX CREDIT (OSTC) PROGRAM.

  Expenses $2,043,149 · Grants $2,043,149

• THE FOUNDATION AWARDED A COMBINED $179,706 FOR INNOVATIVE EDUCATIONAL PROGRAM GRANTS WITH PUBLIC SCHOOLS TO: YOUTH SYMPOSIUM ON THE HOLOCAUST/MORDECHAI ANIELEWICZ ARTS COMPETITION PHILADELPHIA HOLOCAUST REMEMBRANCE FOUNDATION INC THE WEITZMAN NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY JEWISH STUDENT UNION (NCSY) JEVS HUMAN SERVICES

  Expenses $179,706 · Grants $179,706

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

Listed in Part VII

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

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

• MORRIS AND ROSE CASKEY TORAH ACADEMY OF GREATER PHILADELPHIA

  $2,597,407

  EDUCATION - SCHOLARSHIPS

• KOHELET YESHIVA

  $2,176,483

  EDUCATION - SCHOLARSHIPS

• RAYMOND & RUTH PERELMAN JEWISH DAY SCHOOL

  $2,029,589

  EDUCATION - SCHOLARSHIPS

• JACK M BARRACK HEBREW ACADEMY

  $1,772,908

  EDUCATION - SCHOLARSHIPS

• POLITZ HEBREW ACADEMY

  $1,740,351

  EDUCATION - SCHOLARSHIPS

• KOSLOFF TORAH ACADEMY

  $1,664,078

  EDUCATION - SCHOLARSHIPS

• TALMUDICAL YESHIVA OF PHILADELPHIA

  $952,495

  EDUCATION - SCHOLARSHIPS

• CHEDER CHABAD PHILADELPHIA

  $886,239

  EDUCATION - SCHOLARSHIPS

• THE MESIVTA HIGH SCHOOL OF GREATER PHILADELPHIA

  $822,060

  EDUCATION - SCHOLARSHIPS

• ABRAMS HEBREW ACADEMY

  $803,270

  EDUCATION - SCHOLARSHIPS

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.

• JEWISH FEDERATION OF GREATER PHILADELPHIA

  501(C)(3) · FUNDRAISING AND GRANTMAKING · PA

Provenance

Return type

form_990

Tax year

2023

Filed

8 May 2025

IRS schema version

2023v6.0

Source object

202501489349301320

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.