2023-05-11T15:23:30-07:00 2022-12-31 850218454 Balkcom & Company CPAs PA 1201 Eubank NE Ste 4 Albuquerque NM 87112 990 2022-01-01 464161463 JEWISH COMMUNITY FOUNDATION OF NM JEWI 5053484472 5520 WYOMING BLVD NE ALBUQUERQUE NM 87109 DAN NEWMAN CHAIR 2023-05-11 true DAN NEWMAN 999009999 true LAWRENCE A PEARSALL P00033858 5052930173 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z ERIKA RIMSON 5520 WYOMING BLVD NE ALBUQUERQUE NM 871093238 1594733 false X www.jcfnm.org X 2013 NM TO BUILD AND PERPETUATE SUPPORT FOR A VIBRANT, CARING JEWISH COMMUNITY THROUGH PARTNERSHIPS WITH DONORS AND ORGANIZATIONS. THE FOUNDATION RECEIVES, ADMINISTERS AND DISPOSES OF FUNDS FOR CHARITABLE PURPOSES. 19 19 1 21 0 880159 1517380 46356 52613 302792 23740 -2131 -2369 1227176 1591364 356845 515544 0 48203 51250 0 13166 71275 80411 476323 647205 750853 944159 9633327 8901640 5147712 3823226 4485615 5078414 TO BUILD AND PERPETUATE SUPPORT FOR A VIBRANT, CARING JEWISH COMMUNITY THROUGH PARTNERSHIPS WITH DONORS AND ORGANIZATIONS. THE FOUNDATION RECEIVES, ADMINISTERS AND DISPOSES OF FUNDS FOR CHARITABLE PURPOSES. false false 581375 515544 52613 THE FOUNDATION PROVIDES PHILANTHROPIC SERVICES FOR INDIVIDUAL DONORS AND NONPROFIT ORGANIZATIONS IN THE JEWISH COMMUNITY. SERVICES INCLUDE GRANT MAKING, FIELD OF INTEREST RESEARCH, CONSULTATIONS WITH PROFESSIONAL ADVISORS, FUND INVESTMENT, MANAGEMENT AND REPORTING. IN ADDITION, THE FOUNDATION SHARES EDUCATIONAL INFORMATION ABOUT CHARITABLE/LEGACY PLANNING, FUNDING IDEAS AND CHARITABLE OPPORTUNITIES IN THE JEWISH AND BROADER COMMUNITIES.ACCOMPLISHMENTS INCLUDE:FOUNDATION DISTRIBUTED GRANTS FROM NET ASSETS TOTALING $515,544 TO 167 CHARITABLE ORGANIZATIONS. GRANTS ADDRESSED NEEDS IN A VARIETY OF AREAS INCLUDING HEALTH, HUMAN SERVICES, EDUCATION, RELIGION, CULTURE, ENVIRONMENT, IMMIGRANT AND REFUGEE ASSISTANCE, AND THE ARTS. ONE COLLEGE SCHOLARSHIP, SEVEN CAMP SCHOLARSHIPS, AND TWO ISRAEL EXPERIENCE SCHOLARSHIPS WERE AWARDED ON BEHALF OF NEW MEXICO YOUTH.FOUNDATION STAFF HELPED EDUCATE THE JEWISH COMMUNITY ABOUT CHARITABLE PLANNING AND WORKED WITH DONORS TO DEVELOP LEGACY PLANS AND OPEN FUNDS TO SUPPORT CHARITABLE ORGANIZATIONS AND CAUSES NOW AND INTO THE FUTURE. FOUNDATION EXTENDED ITS PARTICIPATION IN THE LIFE & LEGACY ENDOWMENT DEVELOPMENT PROGRAM IN PARTNERSHIP WITH HAROLD GRINSPOON FOUNDATION. LIFE & LEGACY, A PROVEN, SUCCESSFUL INITIATIVE IN 65 OTHER COMMUNITIES THROUGHOUT NORTH AMERICA, PROMOTES AFTER-LIFETIME GIVING TO BENEFIT JEWISH ORGANIZATIONS. THE PROGRAM EMPHASIZES STEWARDSHIP AND FORMALIZATION OF LEGACY GIFTS AND PROMOTES A COLLABORATIVE APPROACH THAT STRENGTHENS THE ENTIRE COMMUNITY. NINE JEWISH ORGANIZATIONS (7 IN ALBUQUERQUE AND 2 IN SANTA FE) ARE PARTICIPATING. AS OF DECEMBER 31, 2022, THE PROGRAM HAD GENERATED LEGACY GIFTS WITH AN ESTIMATED VALUE OF $6.2 MILLION AND $736,000 OF REALIZED ENDOWMENT GIFTS. FOUNDATION MANAGED INVESTMENTS TO MAXIMIZE RETURNS CONSISTENT WITH ITS INVESTMENT AND DISTRIBUTION POLICIES. 581375 true true false false false true false false false true false false false true true true true false false false false false false false false false false true false false false false false false false false false false true false false false false false false false false true 1 0 true 1 true false false false false false false false 0 false false false false false false false false false false X 19 19 true false false false false false false true true false false true true true true false false false false false NM X X ERIKA RIMSON 5053484472 5520 WYOMING BLVD NE ALBUQUERQUE NM 87109 ERIKA RIMSON Executive Dir. 30.00 0.00 X X 47520 0 0 TERRY LEE HELLER Director 1.00 0.00 X 0 0 0 LISA FRIEDMAN Director 1.00 0.00 X 0 0 0 HERB KOFFLER Director 1.00 0.00 X 0 0 0 SARAH NEWMAN SECRETARY/DIR 2.00 0.00 X X 0 0 0 BOB DAVIS TREASURER/DIR 2.00 0.00 X X 0 0 0 GRACE ALLISON Director 1.00 0.00 X 0 0 0 ROBERT CHOATE Director 1.00 0.00 X 0 0 0 MIKE KIVITZ Director 1.00 0.00 X 0 0 0 ANDREW GANS Director 1.00 0.00 X 0 0 0 MARCI POWERS Director 1.00 0.00 X 0 0 0 VIRGINIA MORAN Director 1.00 0.00 X 0 0 0 JENNIE NEGIN Director 1.00 0.00 X 0 0 0 ISRAEL SUSHMAN Director 1.00 0.00 X 0 0 0 STEVEN ROGERS Director 1.00 0.00 X 0 0 0 JUDITH ZABEL Director 1.00 0.00 X 0 0 0 RAE SIPORIN Director 1.00 0.00 X 0 0 0 JAY ROSENBLUM CHAIR/DIRECTOR 2.00 0.00 X X 0 0 0 DAN NEWMAN VICE CHAIR/DIR 2.00 0.00 X X 0 0 0 SARAH WINGER Director 1.00 0.00 X 0 0 0 47520 0 false false false 0 1517380 37557 1517380 ADMINISTRATIVE FEES 561000 52613 52613 52613 23740 23740 0 0 0 0 1000 3369 -2369 0 0 0 1591364 76353 515544 515544 0 0 0 47520 23760 19008 4752 0 0 0 0 3730 1865 1492 373 0 0 17328 8664 6931 1733 0 0 50512 25256 20205 5051 0 1920 960 768 192 3036 1518 1214 304 4461 2231 1784 446 0 500 250 200 50 0 0 0 0 0 0 1544 772 618 154 educational outreach 1110 555 444 111 0 647205 581375 52664 13166 165527 289608 0 0 13744 13698 0 0 0 0 3287 3465 0 0 0 0 0 9450769 8594869 9633327 8901640 12954 9027 5134758 3814199 5147712 3823226 X 2502990 2875381 1982625 2203033 4485615 5078414 9633327 8901640 944159 -351360 X false true X true false X 542955 1018167 912161 880159 1517380 4870822 0 0 542955 1018167 912161 880159 1517380 4870822 437872 4432950 -92396 84815 41625 302792 23740 360576 0 0 5231398 0.84740 0.78060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37 197800 421800 1638200 true true 4181199 1116359 -297798 486383 43409 4469968 3272893 779373 486801 318545 39323 4181199 2637530 728349 298725 362239 29472 3272893 1807187 850651 244754 239779 25283 2637530 1730037 487155 -92156 294211 23638 1807187 0.51000 0.32000 0.17000 false false false CHARITABLE REMAINDER TRUST 110275 8594869 ASSETS HELD FOR OTHERS 3814199 3814199 X 1240004 -351360 -351360 1591364 1591364 647205 647205 647205 Part V, Line 4: Intended uses of the endowment fund. ENDOWMENTS ARE HELD FOR DONOR RESTRICTED USES AND BOARD RESTRICTED USES. Part X : FIN48 Footnote MANAGEMENT BELIEVES THAT THE ACTIVITIES OF THE FOUNDATION ARE WITHIN THEIR TAX EXEMPT PURPOSE, AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS. ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT IN THE FOUNDATION'S FINANCIAL STATEMENTS. THERE WERE NO INTEREST OR PENALTIES RECORDED AS OF DECEMBER 31, 2022. true ADL 605 THIRD AVENUE NEW YORK NY 10158 131818723 8000 0 GENERAL SUPPORT AJC 165 E 56TH ST NEW YORK NY 10022 135563393 9308 0 EDUCATION & GENERAL SUPPORT BOSQUE SCHOOL 2000 BOSQUE SCHOOL RD NE ALBUQUERQUE NM 87120 850420092 40000 0 GENERAL SUPPORT CONGREGATION ALBERT 3800 LOUISIANA BLVD NE ALBUQUERQUE NM 87110 850124933 27643 0 GENERAL SUPPORT AND EDUCATION CONGREGATION BNAI ISRAEL 4401 INDIAN SCHOOL ROAD NE ALBUQUERQUE NM 87110 850159160 58191 0 GENERAL SUPPORT CONGREGATION NAHALAT SHALOM 3606 RIO GRANDE BLVD NW ALBUQUERQUE NM 87107 850352779 6150 0 GENERAL SUPPORT HEBREW IMMIGRANT AID SOCIETY PO BOX 97077 WASHINGTON DC 20090 135633307 11275 0 GENERAL SUPPORT JEWISH COMMUNITY CENTER ABQ 5520 WYOMING BLVD NE ALBUQUERQUE NM 87109 850457178 78350 0 GENERAL SUPPORT;SOCIAL SERVICES JEWISH COMMUNITY FOUNDATION 5520 WYOMING BLVD NE ALBUQUERQUE NM 87109 464161463 21078 0 GENERAL SUPPORT JEWISH FED OF PRINCETON 213 CARNEGIE CENTER BOX 2157 PRINCETON NJ 08543 232215070 5100 0 GENERAL SUPPORT JEWISH FEDERATION OF NM 5520 WYOMING BLVD NE ALBUQUERQUE NM 87109 850158242 13164 0 GEN'L SUPPORT;SOC SVCS;EDUCATION LA PLAZA DE ENCUENTRO 907 4TH ST SW ALBUQUERQUE NM 87102 272016727 14500 0 GENERAL SUPPORT NATIONAL DANCE INSTITUTE 4800 CENTRAL SE ALBUQUERQUE NM 87108 850431846 20000 0 GENERAL SUPPORT NEW MEXICO HOLOCAUST MUSEUM PO BOX 1762 ALBUQUERQUE NM 87103 850456900 11886 0 GENERAL SUPPORT NM IMMIGRANT LAW CENTER 625 SILVER AVE SW ALBUQUERQUE NM 87102 273303237 5500 0 GENERAL SUPPORT NM JEWISH HISTORICAL SOCIETY 5520 WYOMING BLVD NE ALBUQUERQUE NM 87109 850350614 7512 0 GENERAL SUPPORT PLANNED PARENTHOOD OF RM 7155 E 38TH AVENUE DENVER CO 90207 841191279 6950 0 GENERAL SUPPORT ROADRUNNER FOOD BANK 5840 OFFICE BLVD NE ALBUQUERQUE NM 87109 850278525 71050 0 GENERAL SUPPORT 18 0 Grantmaker's Description of How Grants are Used THE FOUNDATION DISTRIBUTES GRANTS ONLY TO 501(C)(3) ORGANIZATIONS. ORGANIZATIONS ARE VETTED BY THE FOUNDATION PRIOR TO MAKING DISTRIBUTIONS BY OBTAINING A COPY OF THE ORGANIZATION'S CONTACT INFORMATION AND MISSION STATEMENT. THE FOUNDATION OBTAINS THE ORGANIZATION'S IRS STATUS FROM THE IRS WEBSITE, OR MAY USE A RESOURCE SUCH AS CANDID/GUIDESTAR, WHICH INCLUDES INFORMATION FROM THE IRS DETERMINATION LETTER, IRS PUBLICATION 78, AND IRS BUSINESS MASTER FILE REPORTS. IRS REVENUE PROCEDURE 2009-32 ALLOWS GRANTORS TO RELY ON THIRD PARTY RESOURCES TO GATHER REQUIRED BUSINESS MASTER FILE DATA CONCERNING A POTENTIAL GRANTEE'S PUBLIC CHARITY CLASSIFICATION UNDER SECTION 509(A)(1), (2) OR (3).THE FOUNDATION BOARD APPROVES ALL NEW ORGANIZATIONS BEFORE DISTRIBUTIONS ARE MADE. AT THE END OF EACH YEAR, THE BOARD REVIEWS A LIST OF GRANTEE ORGANIZATIONS AFTER THE FOUNDATION VERIFIES THAT THE ORGANIZATION'S 501(C)(3) STATUS REMAINS IN GOOD ORDER.DISTRIBUTIONS FOR GRANTS MADE FOR RESTRICTED PURPOSES ARE ACCOMPANIED BY A TRANSMITTAL LETTER INDICATING THE SPECIFIC PURPOSE OF THE GRANT. THE LETTERS INCLUDE THE FOLLOWING NOTE: "BY ACCEPTING THIS GRANT CHECK, YOUR ORGANIZATION CERTIFIES TO THE JEWISH COMMUNITY FOUNDATION OF NEW MEXICO THAT NO TANGIBLE BENEFIT, GOODS OR SERVICES ARE RECEIVED BY ANY INDIVIDUALS OR ENTITIES CONNECTED WITH THE ABOVEMENTIONED GRANT. TANGIBLE BENEFITS MAY INCLUDE, BUT ARE NOT LIMITED TO, EVENT/ADMISSION TICKETS, TABLES AT EVENTS, AND MEALS. THESE FUNDS CANNOT BE USED TO DISCHARGE OR SATISFY A LEGALLY ENFORCEABLE PLEDGE OR OBLIGATION."THE FOUNDATION REQUIRES ORGANIZATIONS RECEIVING RESTRICTED PURPOSE GRANTS FROM ENDOWMENT FUNDS TO SUBMIT A REPORT OF HOW THE FUNDS WERE USED BEFORE THE FOUNDATION DISTRIBUTES THE FOLLOWING YEAR'S GRANT. THE FOUNDATION REQUIRES STUDENTS WHO BENEFIT FORM CAMP/COLLEGE SCHOLARSHIPS (GRANTS ARE MADE DIRECTLY TO CAMP/SCHOOL ON RECIPIENT'S BEHALF) TO PROVIDE THE FOUNDATION WITH A BRIEF REPORT AT THE END OF THE SUMMER/SCHOOL YEAR. X 2 37557 false true false Form 990, Part VI, Section A, Line 2 DAN NEWMAN (DIRECTOR) AND SARAH NEWMAN (DIRECTOR) ARE FATHER AND DAUGHTER. Form 990, Part VI, Section B, Line 11b THE FINANCE AND INVESTMENT COMMITTEE HAS THE RESPONSIBILITY OF REVIEWING AND APPROVING THE FORM 990. THE COMMITTEE MEETS, REVIEWS AND APPROVES PRIOR TO FILING. IF SIGNIFICANT ISSUES ARISE, THE COMMITTEE WILL PRESENT THE ISSUES TO THE BOARD FOR INFORMATIONAL PURPOSES OR APPROVAL. A COPY OF THE FILED FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS. Form 990, Part VI, Section B, Line 12c EACH YEAR EVERY BOARD MEMBER IS ASKED TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A CONFLICT OF INTEREST STATEMENT THAT INCLUDES DISCLOSURE OF FINANCIAL INTERESTS. THE EXECUTIVE DIRECTOR REVIEWS THE STATEMENTS, AND IF A BOARD MEMBER HAS FINANCIAL INTERESTS, THE BOARD OF DIRECTORS WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. Form 990, Part VI, Section C, Line 19 THE FOUNDATION'S MOST RECENT AUDITED FINANCIAL STATEMENTS AND 990 ARE AVAILABLE ON ITS WEBSITE. THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR. THE CONTACT INFORMATION FOR THE EXECUTIVE DIRECTOR IS AVAILABLE ON THE FOUNDATION'S WEBSITE.