Overview
What is Memorial Foundation For Jewish Culture?
The Memorial Foundation for Jewish Culture (MFJC) is a distinguished nonprofit organization based in New York City, specifically at 45 Broadway 2350, committed to boosting the social capital of the Jewish community worldwide. They nurture a new generation of Jewish communal leaders through their Nahum Goldmann Fellowship, an immersive program that combines Jewish learning, living, and leadership for individuals between 25 and 40 years old. The organization also offers Doctoral Scholarship and Fellowship Programs with the help of scholarly bodies, supporting individuals pursuing careers in Jewish scholarship and research, and independent work in Jewish culture and scholarship, respectively. Over the course of a year, MFJC has awarded approximately 45 grants to aid in these programs. Their mission extends beyond education, aiming to foster Jewish connectedness globally and promote the Hebrew language.
Official website here: www.mfjc.org
What are the reviews and ratings of this charity?
93% - Four-Star out of Four Star Rating
The Memorial Foundation for Jewish Culture received a strong Four-Star rating from Charity Navigator, reflecting high standards in accountability and finance. The foundation's score is based entirely on its accountability metrics, which are exceptionally high, indicating a well-managed organization with a commitment to transparency.
Strengths noted include a board composed entirely of independent members and effective oversight mechanisms, ensuring no material diversion of assets. The foundation has established comprehensive policies, such as conflict of interest and whistleblower protections, and it maintains thorough documentation, which further supports its credibility.
However, while the foundation's program expense ratio is commendable at 67.31%, there is room for improvement in this area to further increase the proportion of funds directed towards programs versus administrative costs. Overall, the foundation demonstrates a strong commitment to ethical governance and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Memorial Foundation For Jewish Culture legitimate?
Memorial Foundation For Jewish Culture is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Foundation For Jewish Culture 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: $249,493
Professional Fundraising Fees: $48,000
Other Salaries and Wages: $228,275
For more financial information, click here
Official website here: www.mfjc.org
What is the mission statement of Memorial Foundation For Jewish Culture?
The Memorial Foundation for Jewish Culture's mission is centered around the development of the social capital of the Jewish community globally. This encompasses fostering communal, cultural, and professional leadership, as well as promoting Jewish connectedness worldwide. A significant part of their mission involves the propagation of the Hebrew language. To achieve these goals, they run various programs, including the Nahum Goldmann Fellowship, which nurtures young leaders, and scholarship and fellowship programs that support Jewish scholarship and research.
Official website here: www.mfjc.org
Who is the CEO of Memorial Foundation For Jewish Culture?
Jennifer Friedman is the Executive Dir. of Memorial Foundation For Jewish Culture.
Official website here: www.mfjc.org
What is the revenue of Memorial Foundation For Jewish Culture?
Memorial Foundation For Jewish Culture's revenue in 2022 was $1,466,561.
Official website here: www.mfjc.org
Who are the executives of Memorial Foundation For Jewish Culture and what are their salaries?
The average compensation at Memorial Foundation For Jewish Culture during 2022 was $119,442. There are 4 employees and 47 volunteers at Memorial Foundation For Jewish Culture.
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Official website here: www.mfjc.org
Where can I find the form 990 for Memorial Foundation For Jewish Culture?
Memorial Foundation For Jewish Culture's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mfjc.org
Learn more at the official website: www.mfjc.org
Mission Statement of Memorial Foundation For Jewish Culture
The Memorial Foundation for Jewish Culture, abbreviated as MFJC, is dedicated to enhancing the social capital of the Jewish community on a global scale. Its mission encompasses the cultivation of communal, cultural, and professional leadership within the Jewish population. Furthermore, the foundation is committed to fostering Jewish connectedness worldwide, with a significant focus on the propagation of the Hebrew language. This multifaceted mission aims to strengthen the Jewish community and promote a sense of unity and shared identity among its members.
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Impact
October, 2024
The Memorial Foundation For Jewish Culture effectively cultivates the social capital of the Jewish people by nurturing communal, cultural, and professional leadership. Through initiatives like the Nahum Goldmann Fellowship, the foundation engages young leaders aged 25-40 from diverse backgrounds, providing them with intensive Jewish learning experiences that inspire personal growth and communal involvement. This initiative fosters a new generation of leadership equipped to address contemporary challenges facing Jewish communities globally.
Additionally, the foundation's Doctoral Scholarship Program supports individuals pursuing careers in Jewish scholarship and research, thereby strengthening the academic foundations of Jewish culture and thought. By awarding approximately 15 grants in a recent year, the foundation actively contributes to the development of scholarly expertise within the community.
Its Fellowship Program further amplifies this impact by facilitating independent work in Jewish scholarship and culture, with around 30 grants awarded in the same timeframe. Collectively, these efforts not only enhance the knowledge and resources available within Jewish communities but also promote a deeper sense of connectedness and commitment among individuals dedicated to preserving and advancing Jewish culture and values globally, including the vital propagation of the Hebrew language.
This information is meant to be a general summary of Memorial Foundation For Jewish Culture. 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: $1,193,411
- Gross Receipts: $2,046,939
Assets and Liabilities:
- Total Assets: $20,234,451
- Total Liabilities: $871,602
- Net Assets: $19,362,849
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Organization Details
Founding Year
1964
Phone
(212) 425-6606Principal Officer
Jennifer Friedman
Main Address
45 Broadway 2350, New York, NY, 10006
Website
www.mfjc.orgNTEE Category
Code: X123 - Religion related
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