2023-05-11T13:02:08-05:00 2022-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2022-01-01 223342043 THE SCHECHTER INSTITUTES INC C/O THE LAPIN GROUP LLC SCHE 2158841331 101 GREENWOOD AVE JENKINTOWN PA 19046 STEPHEN J LOVELL TREASURER 2158301119 2023-05-11 1 STEPHEN LOVELL 999009999 0 BENJAMIN E MCDANNELL CPA P01738977 6096899700 2023-05-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN J LOVELL 101 GREENWOOD AVE JENKINTOWN PA 19046 6718455 0 X N/A X 1993 NJ THE INSTITUTE WAS FORMED TO HELP FASHION AN ISRAEL SOCIETY AND JEWISH WORLD SECURE IN ITS JEWISH ROOTS AND STRONG IN ITS DEMOCRATIC VALUES. 15 15 0 15 0 0 6305119 5998293 0 0 75021 8522 2000 460 6382140 6007275 4887235 5085239 0 0 0 0 131800 133750 133750 67278 88200 5086313 5307189 1295827 700086 4883553 5327882 1674 1583 4881879 5326299 THE INSTITUTE WAS FORMED TO HELP FASHION AN ISRAEL SOCIETY AND JEWISH WORLD SECURE IN ITS JEWISH ROOTS AND STRONG IN ITS DEMOCRATIC VALUES. 0 0 5107354 5085239 460 GRANTS AND AWARDS FOR THE BENEFIT OF EDUCATIONAL PROGRAMS. 5107354 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 PA AL AK CA CT DC FL GA IL KS KY ME MD MA MI MN MS MO NH NJ NY NC ND OH OK OR RI SC TN UT WA WI WV VA AR X VALARIE J BAY 2158841331 101 GREENWOOD AVENUE SUITE 610 JENKINTOWN PA 19046 X SAUL I SANDERS CHAIRMAN 10.00 X X 0 0 0 DAVID KEKST VICE CHAIR 1.00 X X 0 0 0 RABBI PROF DAVID GOLINKIN PRESIDENT 5.00 X 0 0 0 STEPHEN J LOVELL TREASURER 3.00 X X 0 0 0 JONATHAN AARON BOARD MEMBER 1.00 X 0 0 0 HUBERT J BRANDT BOARD MEMBER 1.00 X 0 0 0 ALAN EDELMAN BOARD MEMBER 1.00 X 0 0 0 RABBI MICHAEL GOTLIEB BOARD MEMBER 1.00 X 0 0 0 RABBI JONATHAN INFELD BOARD MEMBER 1.00 X 0 0 0 LEWIS J KRULWICH BOARD MEMBER 1.00 X 0 0 0 SHARON LIEBHABER BOARD MEMBER 1.00 X 0 0 0 AARON PRIEST BOARD MEMBER 1.00 X 0 0 0 ROBERT S RIFKIND BOARD MEMBER 1.00 X 0 0 0 RABBI PHILIP S SCHEIM BOARD MEMBER 1.00 X 0 0 0 BRUCE WHIZIN BOARD MEMBER 1.00 X 0 0 0 DIANE WOHL BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 THE LAPIN GROUP 101 GREENWOOD AVE NO 610 JENKINTOWN PA 19046 PROFESSIONAL SERVICES 118800 1 5998293 56316 5998293 23353 23353 696349 711180 -14831 -14831 -14831 OTHER INCOME 900099 460 460 460 6007275 460 0 8522 5085239 5085239 27347 27347 133750 133750 10744 10744 7564 7564 6126 6126 22115 22115 BANK FEES 13603 13603 MISCELLANEOUS 701 701 5307189 5107354 66085 133750 303584 477127 3025313 3508353 128088 48000 1426568 1294402 4883553 5327882 1674 1583 1674 1583 X 2680195 1997921 2201684 3328378 4881879 5326299 4883553 5327882 700086 -136066 -119600 0 X X 0 1 X 1 0 X 6681267 2724517 4828756 6305119 5988293 26527952 6681267 2724517 4828756 6305119 5988293 26527952 9863252 16664700 26352 32713 35285 24183 23353 141886 480 460 940 26670778 0.62480 0.70460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1307115 -123566 48324 1135225 1195445 162537 50867 1307115 1140485 80656 25696 1195445 995090 176611 31216 1140485 1056559 -26164 35305 995090 0.88088 0.11912 0.00000 0 0 0 X 5860465 -136066 -136066 5996531 10744 10744 6007275 5296445 0 5296445 10744 10744 5307189 PART V, LINE 4: THE ENDOWMENT FUND IS A PERMANENTLY RESTRICTED ENDOWMENT WHOSE INVESTMENT EARNINGS ARE TO BE USED FOR THE FELLOWSHIP PROGRAM. PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE INSTITUTE AND RECOGNIZE A TAX LIABILITY IF THE INSTITUTE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 1 MIDDLE EAST 0 0 GRANTS TO RECEIPIENTS LOCATED IN REGION. 5085239 0 0 0 0 0 0 5085239 0 5085239 MIDDLE EAST GENERAL SUPPORT 5055002 WIRE TRANSFER 0 N/A BOOK MIDDLE EAST GENERAL SUPPORT 30237 WIRE TRANSFER 0 N/A BOOK 1 1 1 0 0 0 0 0 PART I, LINE 2: GRANTS ARE PAID IN ACCORDANCE WITH THE ORGANIZATION'S MISSION. GRANT PAYMENTS ARE SUBJECT TO THE AVAILABILITY OF FUNDS AND ARE APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MEETING MINUTES. PART III ACCOUNTING METHOD: X X X X 1 THE LAPIN GROUP 101 GREENWOOD AVE SUITE 610 JENKINTOWN PA 19046 FUNDRAISING COUNSEL 0 5957195 118800 5838395 RABBI PAUL KERBEL 98-01 67TH AVENUE APT 12G REGO PARK NY 11374 SOLICITATIONS FROM RABBINICAL COMMUNITY 0 41098 14500 26598 5998293 133300 5864993 PA AL AK AR CA CT GA FL IL KS KY ME MD MA MO MS MI MN OH OK RI SC TN UT VA WA WI NH NJ ND NY DC WV NC OR X 10 56316 FAIR VALUE 0 1 1 PART I, LINE 32B: THE INSTITUTE ENGAGES PROFESSIONAL FUNDRAISING COUNSEL TO HANDLE THE ACCEPTANCE AND LIQUIDATION OF NON-CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE RECEIVES A COPY OF THE FORM 990 IN ADVANCE OF FILING TO REVIEW ON BEHALF OF THE BOARD. ONCE THE AUDIT COMMITTEE REVIEWS THE FORM 990, IT IS DISTRIBUTED TO ALL MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD MEMBER IS REQUIRED TO DISCLOSE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 18 THE INSTITUTE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE WILL MAKE ALL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII, LINE 2B THE INSTITUTE HAS A COMMITTEE THAT TAKES RESPONSIBILITIES FOR THE OVERSIGHT OF THE AUDIT AND THE APPROVAL OF THE FORM 990 PRIOR TO FILING. THERE HAVE BEEN NO CHANGES TO THE PROCESSES FROM THE PRIOR YEAR.