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Jewish Community Foundation Of Greater Hartford Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061372107 ✦ West hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Jewish Community Foundation Of Greater Hartford Inc?

The Jewish Community Foundation of Greater Hartford Inc, headquartered at 333 Bloomfield Avenue Suite D, West Hartford, Connecticut, is a local nonprofit organization dedicated to community building. With a team of eleven employees, it manages the charitable endowment of the Greater Hartford Jewish community and grants funds to support key community needs and innovations. These grants, primarily awarded in the Greater Hartford area, contribute to the general operations of agencies, meet critical needs for basic human services, and maintain core functions to further strengthen the Jewish community. The organization's largest grantee is the Jewish Federation of Greater Hartford. Through its philanthropic efforts, the Jewish Community Foundation of Greater Hartford unlocks the transformative power of individual giving and collective resources to tackle issues and provide lasting support for the Jewish community in the region.


Official website here: www.jcfhartford.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

The Jewish Community Foundation Of Greater Hartford Inc has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial transparency. This high rating, based solely on its outstanding performance in the Accountability & Finance beacon, indicates that the organization adheres to best practices in governance and financial management. Notably, all board members are independent, enhancing the foundation's credibility.

The organization excels in various financial metrics, demonstrating effective program expenditure with 82.99% of its budget allocated to programs, which is indicative of its dedication to making a substantial impact. Additionally, its fundraising efficiency is commendable, with only $0.11 spent to raise each dollar, showcasing its ability to maximize donor contributions. The long-term financial health is also promising, as evidenced by an impressive working capital ratio of 20.57 years.

While the data highlights numerous strengths, it primarily focuses on financial metrics and governance practices. No limitations or areas for improvement were noted in the available feedback, which suggests that the organization is currently operating at a high standard. Overall, the Jewish Community Foundation Of Greater Hartford Inc stands out as a model of financial stewardship and organizational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Jewish Community Foundation Of Greater Hartford Inc legitimate?

Jewish Community Foundation Of Greater Hartford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Community Foundation Of Greater Hartford 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:

Executive Compensation: $429,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $733,017

For more financial information, click here


Official website here: www.jcfhartford.org

What is the mission statement of Jewish Community Foundation Of Greater Hartford Inc?

The Jewish Community Foundation of Greater Hartford fosters philanthropy and manages the charitable endowment of the Greater Hartford Jewish community. Their mission is to harness the transformative power of individual and collective giving to tackle community issues, reinforce local organizations, and secure lasting support for the Jewish community. Through grants, they primarily focus on the Greater Hartford area, funding agency and program operations, addressing basic human needs, and furthering strategic objectives to strengthen the Jewish community. The largest grant recipient is the Jewish Federation of Greater Hartford.


Official website here: www.jcfhartford.org

Who is the CEO of Jewish Community Foundation Of Greater Hartford Inc?

Jacob Schreiber President And is the President And Ceo of Jewish Community Foundation Of Greater Hartford Inc. The CEO's salary of Jewish Community Foundation Of Greater Hartford Inc is $222,867 and their total compensation is $256,218.


Official website here: www.jcfhartford.org

What is the revenue of Jewish Community Foundation Of Greater Hartford Inc?

Jewish Community Foundation Of Greater Hartford Inc's revenue in 2022 was $20,203,941.


Official website here: www.jcfhartford.org

Who are the executives of Jewish Community Foundation Of Greater Hartford Inc and what are their salaries?

The average compensation at Jewish Community Foundation Of Greater Hartford Inc during 2022 was $105,725. There are 11 employees and 76 volunteers at Jewish Community Foundation Of Greater Hartford Inc.


Here are 21 key members and their salaries (Jewish Community Foundation Of Greater Hartford Inc's CEO's salary is $222,867 and their total compensation is $256,218):


Jacob A Schreiber (President And Ceo)
  • Compensation: $222,867
  • Related: $0
  • Other: $33,351
Rhona H Morgan (Vice President Finance)
  • Compensation: $159,298
  • Related: $0
  • Other: $37,859
Kathryn L Gonnerman (Vice President Development)
  • Compensation: $128,254
  • Related: $0
  • Other: $17,932
Michael Elfenbaum (Vice President Grants Programs)
  • Compensation: $112,181
  • Related: $0
  • Other: $5,308
Susan Lotreck (Vice President Operations)
  • Compensation: $105,749
  • Related: $0
  • Other: $4,796
Gayle Temkin (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merrill Kate Mandell (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald B Goldberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elysa Graber-Lipperman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Fish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethan Goldman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Gottfried (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter L Harrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Keller (Trustee, Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Kleinman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Rubin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyral Sheldon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Solinsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie R Spivak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney Ulreich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert K Yass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jcfhartford.org

Where can I find the form 990 for Jewish Community Foundation Of Greater Hartford Inc?

Jewish Community Foundation Of Greater Hartford Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jcfhartford.org

Learn more at the official website: www.jcfhartford.org

Mission Statement of Jewish Community Foundation Of Greater Hartford Inc

The Jewish Community Foundation of Greater Hartford is a philanthropic organization that fosters giving and manages the charitable endowment of the Greater Hartford Jewish community. Its mission is to unlock the transformative power of individuals and collective philanthropy to address community needs, strengthen organizations, and ensure lasting support for the Jewish community of Greater Hartford.

Through grants, the Foundation invests in key initiatives and services that address the most pressing community concerns. Most of its grants are awarded in the Greater Hartford area, primarily to support the general operations of agencies and programs, meet critical human service needs, and further strategic objectives aimed at enhancing the Jewish community. The largest grantee is the Jewish Federation of Greater Hartford.

The Jewish Community Foundation of Greater Hartford plays a vital role in community building by providing essential resources and funding to various Jewish organizations. Its work enables these organizations to address the needs of their constituents and contribute to the overall health and vitality of the Jewish community. By harnessing the power of individual and collective philanthropy, the Foundation supports innovative projects and initiatives that create lasting social change.

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Impact




October, 2024

The Jewish Community Foundation of Greater Hartford Inc has a profound impact on the Greater Hartford area by promoting philanthropy and managing charitable endowments that support essential community needs. By awarding grants primarily focused on community building and capacity enhancement, the Foundation plays a pivotal role in addressing critical human services, supporting core functions of various community organizations, and fostering innovative programs.

By unlocking the transformative power of individual and collective giving, the Foundation strengthens the Jewish community and ensures that vital services remain available to those in need. Its support of the Jewish Federation of Greater Hartford, among other initiatives, highlights its commitment to enhancing the overall well-being of the Jewish community, ensuring that resources are directed to where they are most needed. Through these efforts, the Foundation not only addresses immediate needs but also helps build a sustainable future for the Greater Hartford Jewish community.




This information is meant to be a general summary of Jewish Community Foundation Of Greater Hartford 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.

Revenue
$20,203,941 (2022)
Expenses
$6,537,705 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,457,198
  • Program Service Revenue: $288,107
  • Gross Receipts: $22,826,825

Assets and Liabilities:

  • Total Assets: $156,326,856
  • Total Liabilities: $28,710,328
  • Net Assets: $127,616,528

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Administrative fees from agency accounts

Revenue

$288,107

Organization Details

Founding Year

1993

Principal Officer

Jacob Schreiber President And

Main Address

333 Bloomfield Avenue Suite D, West Hartford, CT, 06117

NTEE Category

Code: T700 - Philanthropy

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