Overview
What is The Harold Grinspoon Foundation?
The Harold Grinspoon Foundation, based at 67 Hunt Street 100, Agawam, MA 01001, is a nonprofit organization committed to enhancing Jewish learning and fostering deeper engagement in Jewish life. They primarily support Jewish educational institutions and organizations. Their flagship initiative, PJ Library, distributes high-quality children's books, music, and resources to over 172,000 families in 186 communities across the US, Canada, and other parts of the world. By partnering with local organizations, PJ Library has awarded over 200 grants and 1,500 camp grants to children of participating families. The foundation's mission is to inspire connections to Jewish values, faith, traditions, and culture, ultimately building vibrant Jewish communities. With a team of 217 employees, the organization continues to expand its reach and impact.
Official website here: www.hgf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Harold Grinspoon Foundation has received a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's high score is based entirely on its accountability metrics, which indicate that it operates with transparency and fiscal responsibility. With a solid financial standing, it has demonstrated a low liabilities-to-assets ratio, ensuring stability and effective resource management.
Key strengths of the foundation include a majority independent board, robust financial oversight through an audit committee, and comprehensive policies for conflict of interest, whistleblowing, and document retention. These factors contribute to a well-governed organization that prioritizes ethical standards and responsible management of funds. The foundation allocates a significant portion of its expenses to programs, highlighting its commitment to its mission.
While the data reflects strong operational practices, there are no noted limitations in the feedback. The charity's emphasis on accountability positions it favorably among its peers, making it a reliable choice for donors interested in supporting transparent and effective nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is The Harold Grinspoon Foundation legitimate?
The Harold Grinspoon Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Harold Grinspoon Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,231,803
Professional Fundraising Fees: $338,765
Other Salaries and Wages: $10,861,937
For more financial information, click here
Official website here: www.hgf.org
What is the mission statement of The Harold Grinspoon Foundation?
The Harold Grinspoon Foundation is driven by the richness and joy found in Jewish values, faith, traditions, and culture, aiming to help people connect to these aspects and foster vibrant Jewish communities. Inspired by the significance of Jewish living, the foundation supports primarily Jewish educational institutions and organizations. Through its PJ Library initiative, families receive high-quality resources, including children's books and music, to foster Jewish learning and deepen engagement in Jewish life. The PJ Library serves over 170,000 families in the US and Canada, as well as thousands more worldwide. The foundation has granted over 200 partnerships in the US and Canada and over 1,500 camp grants to children of PJ Library families.
Official website here: www.hgf.org
Who is the CEO of The Harold Grinspoon Foundation?
Winifred S Grinspoon is the Principal Officer of The Harold Grinspoon Foundation.
Official website here: www.hgf.org
What is the revenue of The Harold Grinspoon Foundation?
The Harold Grinspoon Foundation's revenue in 2022 was $197,225,136.
Official website here: www.hgf.org
Who are the executives of The Harold Grinspoon Foundation and what are their salaries?
The average compensation at The Harold Grinspoon Foundation during 2022 was $55,732. There are 217 employees and 50 volunteers at The Harold Grinspoon Foundation.
Here are 20 key members and their salaries:
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- Other: $25,013
- Compensation: $161,997
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- Other: $8,913
Official website here: www.hgf.org
Where can I find the form 990 for The Harold Grinspoon Foundation?
The Harold Grinspoon Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hgf.org
Learn more at the official website: www.hgf.org
Mission Statement of The Harold Grinspoon Foundation
The Harold Grinspoon Foundation, inspired by the profound meaning and joy offered by Jewish living, plays a pivotal role in helping individuals connect to Jewish values, faith, traditions, and culture. Dedicated primarily to Jewish educational institutions and organizations, the foundation strives to build vibrant Jewish communities.
Through its flagship program, The PJ Library, the foundation partners with local communities to provide families with high-quality children's books, music, and other resources that foster Jewish learning. This initiative, which began with the distribution of pajamas and books, has grown to serve 172,265 families in 186 communities across the US and Canada, and thousands more internationally. The PJ Library not only delivers engaging resources but also creates a gateway for deeper engagement in Jewish life.
Grantees of the foundation in the US and Canada have received over 200 grants, while children of PJ Library families have been awarded over 1,500 camp grants to attend Jewish summer camps. By investing in these programs, The Harold Grinspoon Foundation strengthens the foundation of Jewish education and fosters a sense of connection and continuity among families and communities.
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Impact
October, 2024
The Harold Grinspoon Foundation significantly enhances Jewish educational experiences and community engagement, primarily through initiatives like PJ Library. This program provides families with high-quality children's literature, music, and resources that promote Jewish learning and foster a connection to Jewish life. Serving 172,265 families across 186 communities in the U.S. and Canada, PJ Library acts as a gateway for deeper engagement with Jewish culture and traditions.
In addition to its outreach, the foundation has awarded over 200 grants to partnering organizations and more than 1,500 camp scholarships for children, encouraging participation in Jewish summer camps. Through these efforts, the foundation plays a vital role in nurturing vibrant Jewish communities and promoting the values and joy of Jewish living.
This information is meant to be a general summary of The Harold Grinspoon Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $176,584,856
- Program Service Revenue: $7,267,479
- Gross Receipts: $233,775,888
Assets and Liabilities:
- Total Assets: $892,999,094
- Total Liabilities: $12,670,115
- Net Assets: $880,328,979
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PJ LIBRARY BOOK PROG.
Revenue
$7,026,539
OTHER
Revenue
$215,940
LIFE & LEGACY PROGRAM
Revenue
$25,000
Organization Details
Founding Year
1991
Phone
(413) 781-0712Principal Officer
Winifred S Grinspoon
Main Address
67 HUNT STREET 100, AGAWAM, MA, 01001
Website
www.hgf.orgNTEE Category
Code: T00 - Philanthropy
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