Overview
What is The Jewish Community Foundation Inc?
The Jewish Community Foundation Inc, located in Bridgeport, Connecticut, serves as a vital financial hub for various Jewish organizations in Upper Fairfield County. Established to support the Jewish Community of Upper Fairfield County, the Federation for Jewish Philanthropy, and other local agencies, the foundation primarily functions as a fund development vehicle and investment manager. It accepts endowment donations on behalf of the community, manages and invests these funds, and distributes the income to benefit the Jewish community in accordance with donor advice or board policy. The foundation's main purpose is to reinforce and sustain the long-term needs of the community, respecting the intent of the donor and the discretion of its board of directors.
Is The Jewish Community Foundation Inc legitimate?
The Jewish Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jewish Community Foundation Inc 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:
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What is the mission statement of The Jewish Community Foundation Inc?
The Jewish Community Foundation Inc serves as a funding mechanism and investment manager for several Jewish organizations, primarily the Federation for Jewish Philanthropy of Upper Fairfield County and other local agencies. Its primary purpose is to accept donations, manage and invest its assets, and provide financial assistance to charitable organizations aligned with its mission and the needs of the Jewish community. The foundation aims to ensure the long-term well-being of the community while respecting the donor's intent and the discretion of its board of directors. It functions as a crucial intermediary, facilitating charitable donations and promoting the growth and sustainability of Jewish organizations in the community.
Who is the CEO of The Jewish Community Foundation Inc?
David Cohen is the Board Member of The Jewish Community Foundation Inc. The CEO's salary of The Jewish Community Foundation Inc is $0 and their total compensation is $0.
What is the revenue of The Jewish Community Foundation Inc?
The Jewish Community Foundation Inc's revenue in 2022 was $7,374.
Who are the executives of The Jewish Community Foundation Inc and what are their salaries?
There 11 volunteers at The Jewish Community Foundation Inc.
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Where can I find the form 990 for The Jewish Community Foundation Inc?
The Jewish Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Jewish Community Foundation Inc
The Jewish Community Foundation Inc serves as a vital fund development vehicle and investment manager for the Federation for Jewish Philanthropy of Upper Fairfield County and other Jewish agencies. Established with the mission to serve as a depository, investment, and financial services manager for tax-exempt organizations, the Foundation's primary purpose is to provide a means of accepting gifts, bequests, devises, and other forms of endowment donations on behalf of the Jewish community. The Foundation's role is to invest, reinvest, and manage its assets, while also providing financial assistance in line with the mission of the Federation, other charitable organizations within the community, the long-term needs of the community, the donor's intent, and the discretion of the Foundation's Board of Directors when applicable.
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Impact
October, 2024
The Jewish Community Foundation Inc plays a pivotal role in supporting and enhancing the Jewish community in Upper Fairfield County. By serving as a fund development vehicle and investment manager, it effectively channels resources to various Jewish agencies, ensuring their financial stability and growth.
The Foundation’s impact lies in its ability to manage and invest endowment funds, providing a steady income stream that supports critical services and programs within the community. This includes accepting diverse forms of donations—gifts, bequests, and devises—allowing individuals to contribute to causes they are passionate about.
Furthermore, the Foundation adheres to a mission that underscores financial assistance aligned with the long-term needs of the Jewish community. It does so by not only considering the intent of donors but also maintaining a commitment to the community's overarching goals. Through this structured approach to fund management and distribution, the Foundation ensures that resources are allocated effectively, fostering growth in various sectors such as human services, education, and cultural initiatives.
In essence, The Jewish Community Foundation Inc strengthens the Jewish community’s fabric by nurturing financial support and facilitating impactful charitable efforts.
This information is meant to be a general summary of The Jewish Community Foundation Inc. 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: -$6,171
- Gross Receipts: $7,374
Assets and Liabilities:
- Total Assets: $6,310,766
- Total Liabilities: $4,881,105
- Net Assets: $1,429,661
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Organization Details
Founding Year
1995
Phone
(203) 226-8197Principal Officer
David Cohen
Main Address
4200 PARK AVENUE SUITE 300, BRIDGEPORT, CT, 06604
NTEE Category
Code: P11 - Human services
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