Overview
What is Richmond Jewish Foundation?
The Richmond Jewish Foundation, located at 5400 Monument Avenue, Richmond, VA 23226, is a distinguished nonprofit organization dedicated to planned giving and endowments. They serve as a reliable and knowledgeable resource for donors, inspiring them to establish perpetual funds for charitable, religious, and educational causes. Their donors have the option to leave legacies of Tzedakah and Tikkun Olam, which refer to acts of kindness and repair of the world, respectively. Through their stewardship of philanthropic assets, the Richmond Jewish Foundation has the power to make a significant impact, last year distributing around $5,000,000 for initiatives in areas such as education, health and human services, arts and culture, overseas relief, medical research, and social action, benefiting people both locally and globally.
Official website here: www.rjfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Richmond Jewish Foundation has achieved an impressive Four-Star rating on Charity Navigator, reflecting exceptional accountability and financial health. The organization scored a perfect 100% in key areas, indicating strong governance practices, including a fully independent board and robust financial oversight. Such high ratings suggest that the foundation effectively manages its resources and adheres to best practices in nonprofit governance.
Strengths of the Richmond Jewish Foundation include its high program expense ratio of 87.47%, which indicates that a significant portion of its funds directly supports its programs. Additionally, a fundraising efficiency ratio of $0.09 signifies that the organization is adept at minimizing fundraising costs, allowing more funds to be allocated towards its mission. With no liabilities to assets and substantial working capital of 8.11 years, the foundation demonstrates consistent financial stability.
While the data does not indicate specific limitations, the focus on accountability and finance may suggest less emphasis on programmatic impact or community engagement in available ratings. Overall, the Richmond Jewish Foundation stands out as a financially sound and well-managed organization committed to transparency and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Richmond Jewish Foundation legitimate?
Richmond Jewish Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond 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:
Executive Compensation: $119,705
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,086
For more financial information, click here
Official website here: www.rjfoundation.org
What is the mission statement of Richmond Jewish Foundation?
The Richmond Jewish Foundation serves as a primary and reliable resource for planned giving and endowments. It engages, educates, and inspires multiple generations of donors, encouraging them to establish long-term resources for charitable, religious, and educational necessities. The foundation empowers donors to create legacies of Tzedakah and Tikkun Olam, while effectively managing the philanthropic assets entrusted to their care.
Official website here: www.rjfoundation.org
Who is the CEO of Richmond Jewish Foundation?
Daniel Brandeis is the Past Chair of Richmond Jewish Foundation. The CEO's salary of Richmond Jewish Foundation is $57,500 and their total compensation is $57,500.
Official website here: www.rjfoundation.org
What is the revenue of Richmond Jewish Foundation?
Richmond Jewish Foundation's revenue in 2022 was $4,369,013.
Official website here: www.rjfoundation.org
Who are the executives of Richmond Jewish Foundation and what are their salaries?
The average compensation at Richmond Jewish Foundation during 2022 was $43,965. There are 6 employees and 25 volunteers at Richmond Jewish Foundation.
Here are 25 key members and their salaries (Richmond Jewish Foundation's CEO's salary is $57,500 and their total compensation is $57,500):
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- Compensation: $57,500
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Official website here: www.rjfoundation.org
Where can I find the form 990 for Richmond Jewish Foundation?
Richmond Jewish Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rjfoundation.org
Learn more at the official website: www.rjfoundation.org
Mission Statement of Richmond Jewish Foundation
The Richmond Jewish Foundation serves as a reliable and knowledgeable resource for planned giving and endowments. Their primary objective is to engage, educate, and inspire numerous generations of donors. They encourage these donors to establish perpetual sources of aid for charitable, religious, and educational needs. The foundation allows donors to choose legacies that uphold the principles of Tzedakah and Tikkun Olam. In addition, the Richmond Jewish Foundation is responsible for diligently managing the philanthropic assets that have been entrusted to their care. By doing so, they ensure that these assets are utilized in a responsible and effective manner. In summary, the Richmond Jewish Foundation exists to support donors in creating lasting resources for worthy causes, while also ensuring the responsible stewardship of these philanthropic assets.
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Impact
July, 2024
The Richmond Jewish Foundation awarded approximately $5,000,000 in grants and distributions last year, impacting the lives of individuals locally and globally. This funding supports education, health and human services, arts and culture, overseas relief, medical research, and social action. Through planned giving and endowments, the Foundation inspires donors to create ongoing resources for charitable, religious, and educational needs, embodying the values of Tzedakah and Tikkun Olam.
This information is meant to be a general summary of Richmond 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 2022.
- Investment Income: $2,888,708
- Gross Receipts: $24,842,897
Assets and Liabilities:
- Total Assets: $45,016,653
- Total Liabilities: $16,197,724
- Net Assets: $28,818,929
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Organization Details
Founding Year
1992
Phone
(804) 545-8656Principal Officer
Daniel Brandeis
Main Address
5403 MONUMENT AVENUE, Richmond, VA, 23226
Website
www.rjfoundation.orgNTEE Category
Code: T70Z - Philanthropy
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