Skip to content
Nonprofiteer
← THE SCHECHTER INSTITUTES INC

Form 990 for tax year 2023

Filed by THE SCHECHTER INSTITUTES INC.

Totals

Total revenue
$5,573,719
Total expenses
$5,518,734
Contributions and grants received
$5,500,831
Grants paid
$5,292,198
Program service revenue
$0
Investment income
$72,363
Other revenue
$525
Total assets, end of year
$5,376,106
Total liabilities, end of year
$1,761
Net assets or fund balances, end of year
$5,374,345
Program services expenses (Part IX)
$5,300,322
Management and general expenses
$86,442
Fundraising expenses
$131,970
Program service expenses (Part III)
$5,300,322

Program services were 96.0% 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

    $5,500,831

  • 1g · Noncash contributions included above

    $94,497

  • 3 · Investment income

    total $34,233 · excluded $34,233

  • 7a · Gross sales of assets other than inventory

    securities $959,150

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

    securities $921,020

  • 7c · Gain or loss

    securities $38,130

  • 7d · Net gain or loss

    total $38,130 · excluded $38,130

  • 11a · Other revenue: OTHER INCOME

    total $525 · related or exempt $525

  • 11e · Other revenue, total

    $525

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $5,292,198 · program services $5,292,198

  • 11b · Fees: legal

    total $16,505 · management and general $16,505

  • 11c · Fees: accounting

    total $28,826 · management and general $28,826

  • 11e · Fees: professional fundraising services

    total $131,970 · fundraising $131,970

  • 11f · Fees: investment management

    total $8,878 · management and general $8,878

  • 13 · Office expenses

    total $11,325 · management and general $11,325

  • 14 · Information technology

    total $6,629 · management and general $6,629

  • 17 · Travel

    total $8,124 · program services $8,124

  • 24a · Other expenses: BANK FEES

    total $14,088 · management and general $14,088

  • 24b · Other expenses: MISCELLANEOUS

    total $191 · management and general $191

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $477,127 · end of year $1,082,169

  • 3 · Pledges and grants receivable

    beginning of year $3,508,353 · end of year $2,948,116

  • 4 · Accounts receivable

    beginning of year $48,000

  • 11 · Investments: publicly traded securities

    beginning of year $1,294,402 · end of year $1,345,821

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,583 · end of year $1,761

  • 27 · Net assets without donor restrictions

    beginning of year $1,997,921 · end of year $2,447,750

  • 28 · Net assets with donor restrictions

    beginning of year $3,328,378 · end of year $2,926,595

Mission and programs · 2023

Mission

THE INSTITUTE WAS FORMED TO HELP FASHION AN ISRAEL SOCIETY AND JEWISH WORLD SECURE IN ITS JEWISH ROOTS AND STRONG IN ITS DEMOCRATIC VALUES.

  • GRANTS AND AWARDS FOR THE BENEFIT OF EDUCATIONAL PROGRAMS.

    Expenses $5,300,322 · Grants $5,292,198 · Revenue $525

As filed on the 2023 return.

Listed in Part VII

  • Saul I Sanders

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10
  • David Kekst

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Rabbi Prof David Golinkin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Stephen J Lovell

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Jonathan Aaron

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Arnall 6123- 113023

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Hubert J Brandt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alan Edelman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rabbi Michael Gotlieb

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rabbi Jonathan Infeld

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lewis J Krulwich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sharon Liebhaber

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Aaron Priest

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Robert S Rifkind

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rabbi Philip S Scheim

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Diane Wohl

    BOARD MEMBER

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 May 2024
IRS schema version
2023v5.0
Source object
202411349349302071

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.