JCF Weisberg Mortimer Mem FD Trust

Analysis

JCF Weisberg Mortimer Mem FD Trust is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in December 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, JCF Weisberg Mortimer Mem FD Trust reported income of $1.0m and spending of $512k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $464k to $1.0m (+117%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 1327%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, JCF Weisberg Mortimer Mem FD Trust sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Carolina Hurricanes Foundation Inc ($1.0m), Leadville Trail 100 Legacy Inc ($1.0m) and Virginia Kimbrough Clark Reese & Thomas Matt Reese Trust ($1.0m).

Compensation of current officers, directors and key employees was $55k (11% of expenses). At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.