Foundation for Jewish Philanthropies

Analysis

Foundation for Jewish Philanthropies is a registered charity in United States, based in Getzville, NY. It received its IRS tax-exemption ruling in August 1962, 64 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Jewish Philanthropies reported income of $27.5m and spending of $13.8m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $27.5m (+140%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 130% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Jewish Philanthropies sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Hyundai Hope on Wheels ($27.4m), Partnership Schools ($27.5m) and Opencollective Foundation ($27.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $359k (2.6% of expenses). Other salaries and wages came to $290k. At year end it held assets of $253.8m against liabilities of $134.6m, net assets of $119.2m. It reported 10 employees.