Overview
What is United Jewish Foundation?
The United Jewish Foundation, based in Bloomfield Hills, Michigan, functions as a custodian of assets for the Jewish community. This nonprofit organization preserves and grows these assets, which include general and endowment funds, agency endowments, supporting foundations, and real property. By managing these resources, the United Jewish Foundation aims to promote the continuity of the Jewish people and support local and national organizations within the Jewish and non-secular communities.
Official website here: www.jewishdetroit.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The United Jewish Foundation has achieved an impressive 100% score from Charity Navigator, signifying high standards in accountability and finance. This rating is determined solely by a single beacon score, reflecting the organization’s commitment to maintaining transparency and effective governance. Their board is comprised of 96% independent members, ensuring that decision-making is unbiased and in the best interest of the foundation's mission.
The foundation has demonstrated strong financial health, with a program expense ratio of 89.83%, indicating that the majority of its expenditures directly support its programs. The organization also benefits from robust audit and oversight practices, evidenced by a fully compliant audit and oversight committee. Additionally, comprehensive policies on conflict of interest and whistleblower protections further enhance its operational integrity.
While the United Jewish Foundation’s rating showcases its strengths, potential donors and stakeholders can feel confident in its financial management and ethical governance. However, as with any nonprofit, it is important for supporters to remain informed about ongoing activities and initiatives to fully understand the impact of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is United Jewish Foundation legitimate?
United Jewish Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Jewish 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:
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For more financial information, click here
Official website here: www.jewishdetroit.org
What is the mission statement of United Jewish Foundation?
The United Jewish Foundation serves as the guardian of the assets belonging to the Jewish community. It is dedicated to preserving and expanding these assets to cater to the long-term requirements of the Jewish community. The foundation manages and invests Jewish communal assets, which include general and endowment funds, agency endowments, supporting foundations, and real property. The United Jewish Foundation is committed to keeping these assets accessible to promote the continuity of the Jewish people. Funds are disbursed to the Jewish Federation's annual campaign and to other qualified 501(c)(3) organizations serving Jewish and non-secular communities locally and nationally.
Official website here: www.jewishdetroit.org
Who is the CEO of United Jewish Foundation?
Steven Ingber is the Chief Executive Officer of United Jewish Foundation. The CEO's salary of United Jewish Foundation is $0 and their total compensation is $442,452.
Official website here: www.jewishdetroit.org
What is the revenue of United Jewish Foundation?
United Jewish Foundation's revenue in 2023 was $54,215,566.
Official website here: www.jewishdetroit.org
Who are the executives of United Jewish Foundation and what are their salaries?
There 800 volunteers at United Jewish Foundation.
Here are 40 key members and their salaries (United Jewish Foundation's CEO's salary is $0 and their total compensation is $442,452):
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- Related: $222,202
- Other: $18,124
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- Related: $224,187
- Other: $26,961
Official website here: www.jewishdetroit.org
Where can I find the form 990 for United Jewish Foundation?
United Jewish Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jewishdetroit.org
Learn more at the official website: www.jewishdetroit.org
Mission Statement of United Jewish Foundation
The United Jewish Foundation serves as the guardian of the Detroit Jewish community's assets. With a steadfast commitment to preserving and growing these resources, the Foundation ensures their availability to meet the community's long-term needs (activityOrMissionDesc).
In its role as a trusted steward, the United Jewish Foundation manages, invests, and owns Jewish communal assets. These assets encompass a diverse range of funds, including general and endowments, agency endowments, supporting foundations, and real property. The Foundation's unwavering dedication to ensuring the continuity of the Jewish people is reflected in its mission to make these assets accessible for this purpose (missionDesc).
Through strategic distribution of assets, the United Jewish Foundation contributes to the Jewish Federation's annual campaign and supports various other qualified 501(C)(3) organizations serving both the Jewish and non-secular communities, both locally and nationally (desc). By nurturing these assets, the United Jewish Foundation plays a vital role in safeguarding the future of the Detroit Jewish community.
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Impact
October, 2024
The United Jewish Foundation has a profound impact on the Detroit Jewish community by serving as the custodian of its collective assets. It is dedicated to preserving and growing these assets to address the community's long-term needs. By managing and investing various funds—including general, endowment, agency endowments, and real property—the foundation ensures the sustainability and continuity of Jewish life in the region.
Additionally, the foundation plays a crucial role in supporting the Jewish Federation's annual campaign and other qualified organizations that benefit both Jewish and non-secular communities, locally and nationally. This distribution of assets not only strengthens the community's philanthropic efforts but also fosters a sense of shared responsibility and connection among its members. Through its work, the United Jewish Foundation reinforces the resilience of the Jewish community, ensuring that resources are available to meet the evolving needs of future generations.
This information is meant to be a general summary of United Jewish 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 2023.
- Investment Income: $30,129,555
- Gross Receipts: $347,364,785
Assets and Liabilities:
- Total Assets: $597,306,438
- Total Liabilities: $107,922,149
- Net Assets: $489,384,289
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Organization Details
Founding Year
1899
Phone
(248) 642-4260Principal Officer
Steven Ingber
Main Address
6735 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI, 48301
Website
www.jewishdetroit.orgNTEE Category
Code: T70 - Philanthropy
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