Overview
What is Maxwell And Marjorie Jospey Support Foundation?
The Maxwell And Marjorie Jospey Support Foundation is a charitable organization situated in Bloomfield Hills, Michigan. Their primary mission is to extend support to both the Jewish community and the broader community as a whole. Their significant activity involves granting funds and awards to various nonprofit organizations. By doing so, they contribute positively to their community, demonstrating a commitment to making a difference in people's lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Maxwell And Marjorie Jospey Support Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The 94% score indicates that the foundation excels in its operational practices, particularly in maintaining a majority independent board and adhering to comprehensive policies regarding conflict of interest, whistleblower protections, and document retention.
Significantly, the foundation demonstrates excellent financial management, with a program expense ratio of 80.38%, signifying that a substantial portion of its resources is directed toward its charitable activities. This focus, alongside a perfect liability to assets ratio of 0.00%, suggests that the organization is financially stable and effectively utilizes its funding to support its mission.
While the data highlights numerous strengths, it primarily evaluates accountability and finance, which may not provide a complete picture of the foundation's overall impact or effectiveness in its programming. Nonetheless, the foundation's transparency and adherence to best practices in governance position it as a reputable choice for donors seeking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Maxwell And Marjorie Jospey Support Foundation legitimate?
Maxwell And Marjorie Jospey Support Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maxwell And Marjorie Jospey Support 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Maxwell And Marjorie Jospey Support Foundation?
The Maxwell And Marjorie Jospey Support Foundation's mission is centrally focused on extending assistance to both the Jewish community and the broader community as a whole. This mission is fulfilled through the provision of grants and awards to various charitable organizations. The foundation's activities aim to foster a sense of support and unity within both communities.
Who is the CEO of Maxwell And Marjorie Jospey Support Foundation?
Dorothy Benyas is the Secretary of Maxwell And Marjorie Jospey Support Foundation.
What is the revenue of Maxwell And Marjorie Jospey Support Foundation?
Maxwell And Marjorie Jospey Support Foundation's revenue in 2022 was $94,381.
Who are the executives of Maxwell And Marjorie Jospey Support Foundation and what are their salaries?
There 4 volunteers at Maxwell And Marjorie Jospey Support Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $382,014
- Other: $16,542
- Compensation: $0
- Related: $237,098
- Other: $13,100
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Maxwell And Marjorie Jospey Support Foundation?
Maxwell And Marjorie Jospey Support Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maxwell And Marjorie Jospey Support Foundation
The Maxwell and Marjorie Jospey Support Foundation is committed to assisting both the Jewish community and the larger community as a whole. This nonprofit organization achieves this mission by providing grants and awards to charitable organizations. By offering financial support, the foundation aims to contribute positively to various community initiatives and causes, ensuring that the Jewish community and the community at large benefit from its contributions.
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Impact
October, 2024
The Maxwell And Marjorie Jospey Support Foundation has made a significant impact by providing grants and awards to charitable organizations that support both the Jewish community and the broader community in Bloomfield Hills, MI. By addressing various needs within these communities, the foundation fosters a spirit of philanthropy and social responsibility. Its commitment to enhancing community well-being helps to strengthen social ties, promote cultural heritage, and address pressing social issues. Through its funding, the foundation empowers organizations to implement programs that benefit individuals and families, ensuring a lasting positive effect on the community as a whole.
This information is meant to be a general summary of Maxwell And Marjorie Jospey Support 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: $94,381
- Gross Receipts: $94,381
Assets and Liabilities:
- Total Assets: $1,039,582
- Total Liabilities: $0
- Net Assets: $1,039,582
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Organization Details
Founding Year
2004
Phone
(248) 642-4260Principal Officer
Dorothy Benyas
Main Address
PO BOX 2030 6735 TELEGRAPH RD, BLOOMFIELD HILLS, MI, 48301
NTEE Category
Code: T20 - Philanthropy
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