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← JEWISH ENDOWMENT FOUNDATION OF SOUTH CAROLINA

Form 990 for tax year 2022

Filed by JEWISH ENDOWMENT FOUNDATION OF SOUTH CAROLINA.

Totals

Total revenue
$1,106,723
Total expenses
$1,037,519
Contributions and grants received
$317,895
Grants paid
$720,786
Program service revenue
$0
Investment income
$788,828
Other revenue
$0
Total assets, end of year
$18,113,059
Total liabilities, end of year
$1,655
Net assets or fund balances, end of year
$18,111,404
Program services expenses (Part IX)
$784,672
Management and general expenses
$217,701
Fundraising expenses
$35,146
Program service expenses (Part III)
$784,672

Program services were 75.6% 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

    $317,895

  • 1g · Noncash contributions included above

    $147,567

  • 3 · Investment income

    total $431,567 · excluded $431,567

  • 7a · Gross sales of assets other than inventory

    securities $16,882,858

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

    securities $16,525,597

  • 7c · Gain or loss

    securities $357,261

  • 7d · Net gain or loss

    total $357,261 · excluded $357,261

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $720,786 · program services $720,786

  • 7 · Other salaries and wages

    total $4,629 · management and general $4,629

  • 8 · Pension plan contributions

    total $64 · management and general $64

  • 10 · Payroll taxes

    total $354 · management and general $354

  • 11f · Fees: investment management

    total $15,256 · management and general $15,256

  • 11g · Fees: other

    total $3,840 · management and general $3,840

  • 12 · Advertising and promotion

    total $609 · management and general $609

  • 16 · Occupancy

    total $57,967 · program services $57,967

  • 21 · Payments to affiliates

    total $187,769 · management and general $187,769

  • 23 · Insurance

    total $40,167 · management and general $5,079 · fundraising $35,088

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $5,000 · program services $5,000

  • 24b · Other expenses: MEETING & EVENTS

    total $125 · program services $125

  • 24e · All other expenses

    total $953 · program services $794 · management and general $101 · fundraising $58

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $59,000 · end of year $47,735

  • 2 · Savings and temporary cash investments

    beginning of year $1,693,908 · end of year $1,784,328

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,019 · end of year $4,392

  • 11 · Investments: publicly traded securities

    beginning of year $15,135,069 · end of year $12,748,971

  • 12 · Investments: other securities

    beginning of year $3,957,059 · end of year $3,310,662

  • 15 · Other assets

    beginning of year $0 · end of year $216,971

  • 17 · Accounts payable and accrued expenses

    beginning of year $474 · end of year $655

  • 18 · Grants payable

    beginning of year $0 · end of year $1,000

  • 27 · Net assets without donor restrictions

    beginning of year $20,848,581 · end of year $18,111,404

Mission and programs · 2022

Mission

THE MISSION OF THE JEWISH ENDOWMENT FOUNDATION OF GREATER CHARLESTON IS TO SUPPORT CHARITABLE CAUSES INCLUDING THE CULTIVATION OF JEWISH CULTURE AND EDUCATION AS WELL AS THE ENHANCEMENT OF JEWISH PHILANTHROPY IN THE COMMUNITY.

Activities or mission (Part I)

THE JEWISH ENDOWMENT FOUNDATION OF GREATER CHARLESTON SUPPORTS JEWISH AND OTHER CHARITABLE CAUSES PRIMARILY IN THE CHARLESTON COMMUNITY.

  • GRANTMAKING - THROUGH A STRATEGIC PROCESS AND OVERSIGHT BY A BOARD OF TRUSTEES, JEF GRANTS HELP SUSTAIN, BUILD AND SECURE SOUTH CAROLINA'S JEWISH INSTITUTIONS AND AGENCIES. THE GRANT REQUESTS RANGE FROM OPERATIONAL SUPPORT TO NEW PROGRAMMATIC INITIATIVES. THE SUPPORT PROVIDED BY JEF THROUGH THESE GRANTS IMPACT THOUSANDS OF JEWISH LIVES AND THE BROADER COMMUNITY EVERY YEAR AND ENSURES A VIBRANT JEWISH FUTURE ACROSS THE STATE.IN 2022, THE JEWISH ENDOWMENT FOUNDATION DISBURSED 134 GRANTS AND SCHOLARSHIPS TOTALING $720,786. THESE GRANTS WERE DISTRIBUTED AS FOLLOWS: 36 GRANTS TOTALING $209,360 IN SUPPORT OF RELIGIOUS AND OTHER PHILANTHROPIC EFFORTS, 58 GRANTS TOTALING $427,799 SUPPORTING VARIOUS EDUCATIONAL PURSUITS, 28 GRANTS TOTALING $62,839 SUPPORTING HUMAN NEEDS, 8 GRANTS TOTALING $17,388 SUPPORTING HEALTH INITIATIVES, 1 GRANT FOR $200 IN SUPPORT OF SOCIAL JUSTICE INITIATIVES, AND 3 GRANTS TOTALING $3,200 IN SUPPORT OF THE ARTS.

    Expenses $720,786 · Grants $720,786

  • TEMPLE SINAI - IN 2016, A RELATED PARTY OF THE FOUNDATION ASSUMED OWNERSHIP OF THE TEMPLE SINAI SYNAGOGUE BUILDING AND THE ASSOCIATED CEMETERY IN ORDER TO PRESERVE AND PROTECT THIS CORNERSTONE OF JEWISH HISTORY AND LEGACY IN SUMTER COUNTY. WHILE THE SYNAGOGUE CURRENTLY REMAINS ACTIVE UNDER INDEPENDENT MANAGEMENT, THE FOUNDATION PROVIDES FOR THE UPKEEP OF THE BUILDING AND GROUNDS. ON JUNE 2, 2018, THIS HISTORICAL LANDMARK WAS CONVERTED TO THE TEMPLE SINAI JEWISH HISTORY CENTER (SUMTER COUNTY MUSEUM) AND IS OPEN TO THE PUBLIC ON THURSDAYS AND FRIDAYS, 1:00PM TO 4:00PM, AND SATURDAYS, 10:00AM TO 1:00PM.

    Expenses $63,886

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mike Mills

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ben Chase

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven Goldberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard Star

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Edward Kronsberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jan Lipov

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ellis Regenbogen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Phyllis Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Terry Fisher

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jane Litz

    CFO

    Total calculated
    $215,800
    From this org
    $0
    From related orgs
    $189,508
    Other
    $26,292
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $189,508 related
    Bonus
    $0
    Other
    $0
    Deferred
    $9,111
    Nontaxable benefits
    $17,181
    Filer's total
    $26,292 + $189,508 related

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

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
2022
Filed
14 May 2023
IRS schema version
2022v5.0
Source object
202341359349300639

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