Overview
What is Jewish Foundation Of Memphis?
The Jewish Foundation of Memphis, located at 6560 Poplar Avenue in Memphis, Tennessee (38138), functions as a charitable organization with a mission to encourage giving, support endowment development, and foster a thriving Jewish community. The foundation allocates funds exclusively to qualified 501(c)(3) organizations. Its activities include promoting charitable donations and aiding partner agencies in endowment development, ultimately contributing to the well-being and vitality of the Jewish community.
Official website here: www.jewishfoundationofmemphis.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Jewish Foundation of Memphis has achieved a perfect score of 100%, which places it in the top tier of nonprofits recognized for its accountability and financial health. This rating is heavily based on the organization's strong governance structure and financial practices, which demonstrate transparency and adherence to best practices in nonprofit management.
One of the standout features of the foundation is its independent board, comprising 93% independent members, which ensures that decisions are made with integrity and objectivity. The foundation has also established robust financial oversight mechanisms, with no reported material diversion of assets and comprehensive audit practices. This level of scrutiny contributes to a strong foundation for donor confidence and effective resource management.
However, the organization received a lower score in fundraising efficiency, indicating that while program expenditures are high, the cost of raising funds is comparatively higher. Nonetheless, with a program expense ratio of nearly 92% and a substantial working capital ratio, the Jewish Foundation of Memphis demonstrates a strong commitment to maximizing its resources for community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Jewish Foundation Of Memphis legitimate?
Jewish Foundation Of Memphis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Foundation Of Memphis 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.jewishfoundationofmemphis.net
What is the mission statement of Jewish Foundation Of Memphis?
The Jewish Foundation of Memphis is dedicated to promoting charitable giving and supporting the endowment development of partner agencies. Their ultimate goal is to build and maintain a thriving Jewish community. They accomplish this by making allocations to qualified organizations under Section 501(C)(3) of the Internal Revenue Code. Through their efforts, they encourage philanthropy and contribute to the sustainability of various Jewish causes.
Official website here: www.jewishfoundationofmemphis.net
Who is the CEO of Jewish Foundation Of Memphis?
Laura Linder is the President/Ce of Jewish Foundation Of Memphis.
Official website here: www.jewishfoundationofmemphis.net
What is the revenue of Jewish Foundation Of Memphis?
Jewish Foundation Of Memphis's revenue in 2022 was $22,059,555.
Official website here: www.jewishfoundationofmemphis.net
Who are the executives of Jewish Foundation Of Memphis and what are their salaries?
There 200 volunteers at Jewish Foundation Of Memphis.
Here are 15 key members and their salaries:
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- Related: $234,590
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Official website here: www.jewishfoundationofmemphis.net
Where can I find the form 990 for Jewish Foundation Of Memphis?
Jewish Foundation Of Memphis's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jewishfoundationofmemphis.net
Learn more at the official website: www.jewishfoundationofmemphis.net
Mission Statement of Jewish Foundation Of Memphis
The Jewish Foundation of Memphis is a charitable organization dedicated to encouraging giving, supporting partner agency endowment development, and building and sustaining a vibrant Jewish community. The Foundation's primary objective is to allocate funds to member organizations, all of which are qualified under Section 501(c)(3) of the Internal Revenue Code.
By providing financial support to these organizations, the Jewish Foundation of Memphis plays a vital role in enhancing the Jewish community's social, cultural, and religious aspects. The Foundation's mission is threefold: inspiring charitable giving, fostering endowment development, and creating a dynamic and thriving Jewish community.
Through its charitable initiatives, the Jewish Foundation of Memphis enables its member organizations to continue their essential work. By supporting partner agency endowment development, the Foundation helps secure the long-term financial stability of these organizations, ensuring they can continue to make a difference in people's lives. Ultimately, the Jewish Foundation of Memphis' mission contributes to the overall well-being and growth of the Jewish community in a meaningful and sustainable way.
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Impact
October, 2024
The Jewish Foundation of Memphis plays a crucial role in fostering a vibrant Jewish community in Memphis by encouraging charitable giving and supporting the endowment development of partner organizations. Through its efforts, the Foundation allocates resources to member organizations, enhancing their capacity to serve the community and maintain their programs. This strengthens the social fabric and cultural life of the Jewish community, ensuring its sustainability and growth. By focusing on building endowments and fostering philanthropy, the Foundation not only addresses immediate needs but also invests in the future well-being of the community, promoting a legacy of support and engagement.
This information is meant to be a general summary of Jewish Foundation Of Memphis. 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: $1,752,132
- Gross Receipts: $22,059,555
Assets and Liabilities:
- Total Assets: $74,764,660
- Total Liabilities: $17,502,819
- Net Assets: $57,261,841
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Organization Details
Founding Year
1995
Phone
(901) 374-0400Principal Officer
Laura Linder
Main Address
6560 POPLAR AVENUE, MEMPHIS, TN, 38138
NTEE Category
Code: X113 - Religion related
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