Overview
What is Jewish Funders Network?
The Jewish Funders Network is a New York-based nonprofit organization with 26 employees. Their primary mission is to empower philanthropists by identifying needs and challenges, shaping responsive Jewish initiatives, and pursuing opportunities to address those issues, grounded in Jewish values. The organization offers an international conference that brings together funders from around the Jewish world, fostering personal connections and partnerships, and providing top-level presentations, innovative learning experiences, and networking opportunities. Through their network, Jewish Funders Network facilitates meaningful and impactful change across the globe.
Official website here: www.jfunders.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Jewish Funders Network has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This high score indicates that the organization effectively manages its resources and adheres to best practices in governance, with a perfect score for having a majority of independent board members and no material diversion of assets.
Among the organization's strengths are its high program expense ratio of 93.71%, demonstrating that a significant portion of its funds directly supports its mission. Additionally, the Fundraising Efficiency ratio of $0.022 indicates that the charity raises funds efficiently, ensuring minimal costs associated with fundraising activities. The presence of comprehensive policies such as conflict of interest and whistleblower protections further enhances its operational integrity.
While the financial health of the organization is commendable, the working capital ratio of 0.41 years suggests that the charity may need to pay attention to its liquidity and financial sustainability. Overall, the Jewish Funders Network exhibits strong organizational practices, although monitoring its financial reserves could be beneficial for long-term stability.
This AI summary has been generated from information found on Charity Navigator.
Is Jewish Funders Network legitimate?
Jewish Funders Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Funders Network 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: $1,533,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,003,189
For more financial information, click here
Official website here: www.jfunders.org
What is the mission statement of Jewish Funders Network?
The Jewish Funders Network assists philanthropists in amplifying the impact of their charitable giving. By identifying needs and challenges, they help shape individual and collective Jewish responses, and pursue opportunities to address these issues, all grounded in Jewish values. A key component of their mission is facilitating collaboration and communication among philanthropists to maximize the collective impact of their contributions. They provide resources and expertise to help philanthropists make informed decisions about where to allocate their resources, ensuring their giving aligns with their values and makes a meaningful difference.
Official website here: www.jfunders.org
Who is the CEO of Jewish Funders Network?
Andres Spokoiny is the CEO of Jewish Funders Network The CEO's salary of Jewish Funders Network is $598,440 and their total compensation is $611,640.
Official website here: www.jfunders.org
What is the revenue of Jewish Funders Network?
Jewish Funders Network's revenue in 2023 was $28,206,829.
Official website here: www.jfunders.org
Who are the executives of Jewish Funders Network and what are their salaries?
The average compensation at Jewish Funders Network during 2023 was $117,900. There are 30 employees and 35 volunteers at Jewish Funders Network.
Here are 41 key members and their salaries (Jewish Funders Network's CEO's salary is $598,440 and their total compensation is $611,640):
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Official website here: www.jfunders.org
Where can I find the form 990 for Jewish Funders Network?
Jewish Funders Network's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jfunders.org
Learn more at the official website: www.jfunders.org
Mission Statement of Jewish Funders Network
The Jewish Funders Network is a philanthropic organization dedicated to helping benefactors amplify the influence of their charitable contributions. By offering assistance in three distinct areas, the Network enables philanthropists to effectively identify needs and challenges, shape individual and collective Jewish responses, and pursue opportunities to address these issues, all grounded in Jewish values.
In their mission to facilitate meaningful giving, the Jewish Funders Network helps philanthropists navigate the complex landscape of social needs and charitable initiatives. They identify pressing concerns and trends, ensuring that donors remain informed and engaged in the causes that resonate with them. By fostering collaboration and communication among members, the organization enables the shaping of collective responses, encouraging a united front in addressing shared challenges.
Moreover, the Network empowers philanthropists to pursue opportunities to make a difference, providing them with valuable resources, knowledge, and connections. This comprehensive approach is rooted in the organization's commitment to Jewish values, ensuring that charitable giving remains a deeply personal and meaningful experience for its members. By fostering a community of engaged philanthropists, the Jewish Funders Network enables its members to make a lasting impact on the world, guided by the rich tradition of Jewish giving and social responsibility.
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Impact
October, 2024
Jewish Funders Network has a significant impact on philanthropy within the Jewish community. By facilitating connections among philanthropists, it enhances their ability to make informed and effective contributions that address pressing needs and challenges.
Through its initiatives, such as the International Conference, JFN fosters collaboration and partnership among Jewish funders, providing them with the tools and knowledge needed to shape collective responses rooted in Jewish values. This collaborative environment not only strengthens individual philanthropic efforts but also encourages innovative thinking about the future of the Jewish community globally.
By focusing on the identification of community needs and the pursuit of impactful opportunities, Jewish Funders Network empowers philanthropists to maximize their giving, ultimately leading to meaningful change and enhanced support for a variety of causes within and beyond the Jewish world.
This information is meant to be a general summary of Jewish Funders Network. 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 2023.
- Investment Income: $163,932
- Program Service Revenue: $4,155,865
- Gross Receipts: $28,206,829
Assets and Liabilities:
- Total Assets: $12,084,110
- Total Liabilities: $5,825,778
- Net Assets: $6,258,332
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,371,303
CONFERENCE SPONSORSHIPS
Revenue
$1,207,462
PROGRAM FEES
Revenue
$905,196
CONFERENCE
Revenue
$671,904
Organization Details
Founding Year
1994
Phone
(212) 726-0177Principal Officer
Andres Spokoiny
Main Address
150 WEST 30TH STREET 900, NEW YORK, NY, 10001
Website
www.jfunders.orgNTEE Category
Code: T20Z - Philanthropy
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