Overview
What is Jewish Community Foundation Of The Jewish Federation Council Of Gr La?
The Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles is a significant philanthropic organization based in Los Angeles, California. With a team of 31 employees, they oversee various grant programs that support both the Jewish community and the greater community at large. Their charitable initiatives span a wide range of causes, from innovative projects in the local Jewish community to strengthening Jewish engagement and economic development in Israel. In 2022, the Foundation awarded $4.9 million to 20 organizations, focusing on cutting-edge programs and Israel-related grants. These grants address issues such as antisemitism, education, mental health, teen engagement, and reaching diverse communities. For instance, they funded the Jews of Color Initiative to launch the "LA Incubator," a leadership development program for Jews of Color. Additionally, they granted $300,000 to Jewish Brain in High-Tech, enabling ultra-Orthodox men to enter the high-tech workforce while maintaining their religious commitments. The Foundation also manages endowment funds for charitable purposes, including a permanent legacy fund, field of interest funds, and restricted or designated funds. These endowments provide annual support to causes, ensuring their continuity and fulfilling the philanthropic intentions of donors. Overall, the Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles plays a vital role in facilitating and increasing effective philanthropy in Greater Los Angeles, nationally, and internationally.
Official website here: www.jewishfoundationla.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98% (Four-Star out of Four Star rating)
The Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles has achieved an impressive Four-Star rating due to its outstanding score of 98% in Accountability & Finance. This high rating reflects the organization's strong commitment to transparency and responsible financial management, ensuring that donor contributions are utilized effectively.
Organizational strengths include a fully independent board with 34 members, a comprehensive audit and oversight process, and robust policies for conflict of interest and whistleblower protections. Additionally, the foundation demonstrates strong financial health, with high ratios in program expenses and fundraising efficiency, indicating that a significant portion of its resources goes directly to its mission.
Despite its many advantages, it is essential to note that the rating is based entirely on financial accountability. While this is a critical aspect of nonprofit operations, potential donors may wish to look for additional information regarding the foundation's programs and impact to gain a complete understanding of its effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Jewish Community Foundation Of The Jewish Federation Council Of Gr La legitimate?
Jewish Community Foundation Of The Jewish Federation Council Of Gr La is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Community Foundation Of The Jewish Federation Council Of Gr La 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: $3,038,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,066,448
For more financial information, click here
Official website here: www.jewishfoundationla.org
What is the mission statement of Jewish Community Foundation Of The Jewish Federation Council Of Gr La?
The Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles serves as a significant facilitator of charitable giving for philanthropists in the Los Angeles area and beyond. With a focus on effective philanthropy, the Foundation builds collaborations between donors, nonprofit organizations, and professional advisors to support various causes, both Jewish and secular. They contribute to a diverse range of charities, including educational institutions, health organizations, social service agencies, arts and culture groups, and environmental initiatives. Through these efforts, the Foundation aims to enhance the strength of the Jewish community and contribute positively to the broader community at large.
Official website here: www.jewishfoundationla.org
Who is the CEO of Jewish Community Foundation Of The Jewish Federation Council Of Gr La?
Marvin I Schotland is the CEO of Jewish Community Foundation Of The Jewish Federation Council Of Gr La The CEO's salary of Jewish Community Foundation Of The Jewish Federation Council Of Gr La is $149,307 and their total compensation is $173,764.
Official website here: www.jewishfoundationla.org
What is the revenue of Jewish Community Foundation Of The Jewish Federation Council Of Gr La?
Jewish Community Foundation Of The Jewish Federation Council Of Gr La's revenue in 2023 was $149,831,116.
Official website here: www.jewishfoundationla.org
Who are the executives of Jewish Community Foundation Of The Jewish Federation Council Of Gr La and what are their salaries?
The average compensation at Jewish Community Foundation Of The Jewish Federation Council Of Gr La during 2023 was $150,149. There are 34 employees and 100 volunteers at Jewish Community Foundation Of The Jewish Federation Council Of Gr La.
Here are 48 key members and their salaries (Jewish Community Foundation Of The Jewish Federation Council Of Gr La's CEO's salary is $149,307 and their total compensation is $173,764):
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Official website here: www.jewishfoundationla.org
Where can I find the form 990 for Jewish Community Foundation Of The Jewish Federation Council Of Gr La?
Jewish Community Foundation Of The Jewish Federation Council Of Gr La's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jewishfoundationla.org
Learn more at the official website: www.jewishfoundationla.org
Mission Statement of Jewish Community Foundation Of The Jewish Federation Council Of Gr La
The Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles, often referred to as The Foundation, is a prominent organization dedicated to enhancing philanthropy within the Jewish community and beyond. With a mission to strengthen both the Jewish community and the wider community at large, The Foundation facilitates effective charitable giving, collaborating with philanthropists, nonprofit organizations, and professional advisors alike.
The Foundation's efforts extend far and wide, providing support to a diverse range of organizations, both Jewish and secular. These include synagogues, Jewish day schools, colleges, and universities, as well as health, environmental, social service agencies, arts, and culture organizations. By fostering meaningful collaborations and ensuring the most impactful use of charitable assets, The Foundation plays a critical role in improving lives and making a lasting difference in the world.
Boasting over 1,400 donors, The Foundation works tirelessly to connect philanthropists with worthwhile causes. Through its various programs, The Foundation has established itself as the largest manager of charitable assets and a leading provider of planned giving solutions for philanthropists in Greater Los Angeles. Together with its dedicated supporters, The Foundation continues to make a significant impact on the local and global community, leaving a lasting legacy for future generations.
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Impact
October, 2024
The Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles significantly impacts the philanthropic landscape in Los Angeles and beyond by effectively managing charitable assets and facilitating innovative grantmaking. As the largest manager of charitable assets in the region, it plays a pivotal role in channeling funds toward both Jewish and broader community causes, enhancing social welfare and cultural engagement.
In 2022, the Foundation awarded $2.5 million through Cutting Edge Grants, supporting ten organizations that address critical issues, including antisemitism, mental health, and engagement efforts for diverse communities in Jewish life. One notable initiative, the $230,000 grant to the Jews of Color Initiative, aims to foster a more inclusive Jewish community by developing leadership among Jews of Color, demonstrating the Foundation's commitment to representation and diversity.
Moreover, its international engagement through approximately $2.5 million in Israel Grants strengthens Jewish ties while advancing economic development. By empowering various community segments—such as providing tech training for ultra-Orthodox men and support for young adults transitioning away from ultra-Orthodox communities—the Foundation not only invests in individual growth but also contributes to societal cohesion.
Additionally, the Foundation operates endowment funds that establish lasting legacies for various causes, ensuring that donor intentions are honored and sustained over time. These endowment funds facilitate targeted support for specific nonprofit organizations and general charitable endeavors, thereby promoting effectiveness and legacy in philanthropy.
Through its strategic grants and collaborative efforts, the Foundation contributes to a vibrant, multifaceted community, reinforcing connections both within the Jewish population and the larger societal fabric of Los Angeles.
This information is meant to be a general summary of Jewish Community Foundation Of The Jewish Federation Council Of Gr La. 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: $25,125,668
- Gross Receipts: $683,601,983
Assets and Liabilities:
- Total Assets: $1,019,050,070
- Total Liabilities: $225,513,679
- Net Assets: $793,536,391
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Organization Details
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