Overview
What is Jem Foundation Inc?
Jem Foundation Inc, based in Brooklyn, New York, is a nonprofit organization with a mission to financially support JEM and raise awareness about the significance of preserving and sharing the valuable recordings and personal experiences of Rabbi Menachem Mendel Schneerson, also known as the Rebbe. The foundation aids JEM in showcasing the Rebbe's life, teachings, and inspirational messages to the world. Additionally, Jem Foundation Inc serves as an incubator, strategizing, planning, and launching new educational projects to further strengthen JEM's impact. By supporting JEM, the foundation contributes to the global dissemination of the Rebbe's wisdom and legacy.
Is Jem Foundation Inc legitimate?
Jem Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jem Foundation Inc 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Jem Foundation Inc?
The Jem Foundation Inc's mission is primarily focused on two key areas. Firstly, it aims to support the Jewish Education Media Services (JEM) in disseminating the teachings and life stories of a spiritual leader, known as the Rebbe, to the world. This is achieved through fundraising and raising awareness. Secondly, the Jem Foundation serves as a strategic planning and incubation platform for JEM, helping to develop new educational projects and test new technologies. This is done through strategic planning and the launch of pilot projects.
Who is the CEO of Jem Foundation Inc?
Rabbi Elkanah Shmotkin is the Director/Chairman of Jem Foundation Inc. The CEO's salary of Jem Foundation Inc is $0 and their total compensation is $0.
What is the revenue of Jem Foundation Inc?
Jem Foundation Inc's revenue in 2022 was $1,480,273.
Who are the executives of Jem Foundation Inc and what are their salaries?
Here are 8 key members and their salaries (Jem Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Jem Foundation Inc?
Jem Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jem Foundation Inc
The Jem Foundation Inc is dedicated to supporting the work of JEM and raising awareness about the significance of preserving and sharing the valuable recordings from the Rebbe's lifetime, along with firsthand accounts of interactions with the Rebbe. In line with this mission, the Jem Foundation serves as a catalyst for JEM, aiding in the realization of its purpose of disseminating the Rebbe's life, teachings, and inspiration to the world. To accomplish this, the Jem Foundation raises funds and fosters public awareness. Additionally, the Foundation acts as an incubator, strategizing, planning, and launching new educational projects for JEM, testing new ideas and technologies for future implementation. Essentially, the Jem Foundation's mission is to financially support JEM and promote the importance of preserving and sharing the invaluable recordings and testimonies from the Rebbe's life, while also enabling JEM to develop and implement innovative educational projects.
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Impact
October, 2024
Jem Foundation Inc significantly impacts the preservation and dissemination of invaluable cultural and spiritual heritage by providing critical financial support to JEM. Its mission centers around restoring, curating, and sharing the priceless recordings of the Rebbe's life, as well as the firsthand testimonies of those who interacted with him. This effort ensures that the teachings and inspiration of the Rebbe reach a global audience, fostering a deeper understanding of his contributions to the community.
By raising awareness and funds, Jem Foundation Inc bolsters JEM's ability to document and share this rich history, helping to maintain a vital connection to the values and lessons imparted by the Rebbe. Furthermore, the foundation serves as an incubator for innovative educational projects, enabling strategic planning and testing of new initiatives and technologies. This foresight allows for the continuous evolution and expansion of educational offerings, ultimately enriching the lives of individuals seeking guidance and enlightenment from the Rebbe's teachings. Through these efforts, Jem Foundation Inc plays a crucial role in preserving a legacy that inspires generations.
This information is meant to be a general summary of Jem Foundation Inc. 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: $6,533
- Gross Receipts: $1,480,273
Assets and Liabilities:
- Total Assets: $1,661,416
- Total Liabilities: $347,932
- Net Assets: $1,313,484
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Organization Details
Founding Year
2017
Phone
(718) 633-9100Principal Officer
Rabbi Elkanah Shmotkin
Main Address
781 EAST NEW YORK AVENUE, BROOKLYN, NY, 11203
NTEE Category
Code: X11 - Religion related
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