Overview
What is Donald L Solomon Fund?
The Donald L Solomon Fund is a charitable organization that provides financial assistance to the Jewish Federation of Greater Toledo. Its mission is to support and enhance the work of this federation and its various programs. Located at 6465 Sylvania Avenue, Sycamore, Ohio, this fund contributes to the overall aims and initiatives of the Jewish Federation of Greater Toledo, thereby supporting the local Jewish community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating
The Donald L Solomon Fund has received an overall score of 87%, reflecting its strong performance in accountability and finance. This rating is based entirely on a single beacon score, highlighting the organization's commitment to financial transparency and responsible management of funds. The fiscal year 2023 performance indicates effective operational strategies and a solid financial foundation.
One of the significant strengths of the Donald L Solomon Fund is its governance structure. The organization boasts a fully independent board with all ten members meeting the criteria for independence. Additionally, there are no noted issues with asset diversion, and the charity has established comprehensive policies regarding conflicts of interest, document retention, and destruction, which further enhance its credibility.
While the organization scores well in various categories, the rating is primarily focused on financial accountability. Potential donors might find it beneficial to look for additional information regarding programmatic impact to gain a more holistic understanding of the charity's effectiveness beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Donald L Solomon Fund legitimate?
Donald L Solomon Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Donald L Solomon Fund 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 Donald L Solomon Fund?
The Donald L Solomon Fund is established with a mission to support and advance the objectives of the Jewish Federation of Greater Toledo. This fund provides grants to the Jewish Federation to bolster its operations and programs, thereby contributing to its overall objectives. The primary goal of the Donald L Solomon Fund is to align its activities with the Jewish Federation of Greater Toledo, thereby fostering its growth and impact within the community.
Who is the CEO of Donald L Solomon Fund?
Jason Levine is the Trustee of Donald L Solomon Fund.
What is the revenue of Donald L Solomon Fund?
Donald L Solomon Fund's revenue in 2022 was -$78,079.
Who are the executives of Donald L Solomon Fund and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Donald L Solomon Fund?
Donald L Solomon Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Donald L Solomon Fund
The Donald L. Solomon Fund is a philanthropic entity that is committed to supporting the Jewish Federation of Greater Toledo and its objectives. Its mission is to enhance and advance the objectives of the Jewish Federation of Greater Toledo. To accomplish this, the Donald L. Solomon Fund provides financial aid to the Jewish Federation of Greater Toledo, aiding in its overall operations and programs. By doing so, the fund helps the Jewish Federation of Greater Toledo in its efforts to fulfill its purpose and serve the community.
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Impact
October, 2024
The Donald L Solomon Fund significantly impacts the Jewish community in Greater Toledo through its dedicated support of the Jewish Federation of Toledo. By providing essential grants, the fund enables the Federation to enhance and expand its programs aimed at fostering community engagement, outreach, and cultural preservation. This support plays a critical role in sustaining educational initiatives, social services, and advocacy efforts, strengthening the fabric of the Jewish community in the region.
Furthermore, the Fund’s commitment to philanthropy ensures that vital resources are allocated to address the diverse needs of the community, foster connections among members, and promote a vibrant Jewish life. The outcomes of this support are reflected in the enriched cultural experiences, strengthened community bonds, and vital services provided to individuals and families in Sylvania and beyond.
This information is meant to be a general summary of Donald L Solomon Fund. 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: -$78,079
- Gross Receipts: $430,422
Assets and Liabilities:
- Total Assets: $1,834,313
- Total Liabilities: $0
- Net Assets: $1,834,313
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Organization Details
Founding Year
1999
Phone
(419) 885-4461Principal Officer
Jason Levine
Main Address
6465 SYLVANIA AVENUE, SYLVANIA, OH, 43560
NTEE Category
Code: T22 - Philanthropy
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