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Nina & Norman Wain Family Foundation

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

EIN: 311502119 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Nina & Norman Wain Family Foundation?

The Nina & Norman Wain Family Foundation is a charitable organization situated in Cleveland, Ohio. With a focus on supporting the philanthropic, educational, and religious pursuits of the Jewish Federation of Cleveland, the foundation grants funds to eligible 501(c)(3) organizations. The mission of the Nina & Norman Wain Family Foundation is to advance the charitable, educational, and religious objectives of the Federation, contributing to its noble causes and initiatives.


Official website here: www.none

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Nina & Norman Wain Family Foundation has achieved an impressive 97% rating from Charity Navigator, which translates to a Four-Star designation, signifying a strong performance in accountability and finance. This rating reflects the foundation's commitment to transparency and responsible financial management, underpinned by a perfect score in key areas such as independent board membership and a robust conflict of interest policy.

The foundation boasts a fully independent board, with all three members free from any conflicts of interest. It has also demonstrated sound financial practices, evidenced by a low liabilities to assets ratio of 3.83% and a program expense ratio of 91.14%, indicating that the majority of its funds are directed toward its charitable programs rather than administrative costs.

While the foundation excels in accountability and financial efficiency, there are no noted limitations in the available data. Overall, the Nina & Norman Wain Family Foundation stands out as a strong example of effective nonprofit management, providing stakeholders with confidence in its governance and operational practices.


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

Is Nina & Norman Wain Family Foundation legitimate?

Nina & Norman Wain Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nina & Norman Wain Family 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


Official website here: www.none

What is the mission statement of Nina & Norman Wain Family Foundation?

The Nina & Norman Wain Family Foundation's mission is centered around supporting the charitable, educational, and religious objectives of the Jewish Federation of Cleveland. By making grants to eligible 501(c)(3) organizations, the foundation contributes to the achievement of these objectives set by the Federation. In essence, the Nina & Norman Wain Family Foundation acts as a catalyst, aiding in the fulfillment of the Jewish Federation of Cleveland's charitable, educational, and religious endeavors.


Official website here: www.none

What is the revenue of Nina & Norman Wain Family Foundation?

Nina & Norman Wain Family Foundation's revenue in 2023 was $97,511.


Official website here: www.none

Who are the executives of Nina & Norman Wain Family Foundation and what are their salaries?

There 6 volunteers at Nina & Norman Wain Family Foundation.

Here are 11 key members and their salaries:


Barry Reis (Treasurer Thru 1/10/23)
  • Compensation: $0
  • Related: $269,777
  • Other: $40,331
Mozelle Jackson (Treasurer As Of 1/10/23)
  • Compensation: $0
  • Related: $231,844
  • Other: $23,290
Kari Blumenthal (Asst Treasurer)
  • Compensation: $0
  • Related: $141,856
  • Other: $24,732
Jennifer Schwarz (Secretary/Asst)
  • Compensation: $0
  • Related: $100,954
  • Other: $5,402
Hedy Milgrom (Secretary)
  • Compensation: $0
  • Related: $92,420
  • Other: $7,466
Beth Wain Brandon (Trustee & Pres As Of 1/10/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Wain (President Thru 1/10/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Stamler (Vp As Of 1/10/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wain (Vp Thru 1/10/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Gimbel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Goldberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Nina & Norman Wain Family Foundation?

Nina & Norman Wain Family Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Nina & Norman Wain Family Foundation

The Nina & Norman Wain Family Foundation is dedicated to advancing the charitable, educational, and religious objectives of the Jewish Federation of Cleveland. This philanthropic organization serves as a catalyst for change by providing financial support to 501(c)(3) organizations that align with the Jewish Federation's goals. By doing so, the Nina & Norman Wain Family Foundation contributes to the betterment of their community, fostering a sense of unity and shared purpose within the Jewish community in Cleveland. The foundation's mission is to amplify the impact of the Jewish Federation of Cleveland, ensuring that its charitable, educational, and religious endeavors continue to thrive and make a difference in the lives of those they serve.

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Impact




October, 2024

The Nina & Norman Wain Family Foundation significantly impacts the community by enhancing the charitable, educational, and religious initiatives of the Jewish Federation of Cleveland. Through strategic grants to 501(c)(3) organizations, the foundation actively supports programs and projects that promote these purposes, fostering a strengthened community and enriching the cultural and spiritual life of the Jewish population in Cleveland. By prioritizing philanthropy, the foundation plays a vital role in ensuring that essential services and educational opportunities are accessible, furthering the Federation's mission and creating a lasting influence within the community.




This information is meant to be a general summary of Nina & Norman Wain Family 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.

Revenue
$97,511 (2023)
Expenses
$150,390 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,349
  • Gross Receipts: $284,585

Assets and Liabilities:

  • Total Assets: $2,444,565
  • Total Liabilities: $82,850
  • Net Assets: $2,361,715

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Organization Details

Founding Year

1997

Principal Officer

Mozelle Jackson

Website

www.none

NTEE Category

Code: T22I - Philanthropy

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