2024-11-13T19:47:34-06:00 2023-12-31 881478669 CBIZ ADVISORS LLC 1601 MARKET ST 4TH FLOOR PHILADELPHIA PA 19103 990 2023-01-01 260043932 THE ENDOWMENT FUND OF MACCABI USA SPORTS FOR ISRAEL INC ENDO 2155616900 1511 WALNUT STREET SUITE 401 PHILADELPHIA PA 19102 NANCY NEFF CHAIRMAN-PRESIDENT 2155616900 2024-11-13 1 0 AARON FOX P01365820 2152972100 2024-11-13 2023 2024-10-15 13:58:12Z NANCY NEFF 1511 WALNUT STREET SUITE 401 PHILADELPHIA PA 19102 24695916 0 X WWW.MACCABIUSA.COM X 2002 PA RAISING AND MAINTAINING FUNDS AND FOR INVESTING AND MANAGING THOSE ENDOWMENT FUNDS CONTRIBUTED. 6 6 0 6 0 0 4034899 945610 0 0 866728 7097402 11847 43917 4913474 8086929 719845 967992 0 0 0 0 0 0 0 208709 118845 928554 1086837 3984920 7000092 20770953 23747551 16774 437198 20754179 23310353 THE ORGANIZATION IS RESPONSIBLE FOR RAISING FUNDS, FOR MAINTAINING FUNDS, AND FOR INVESTING AND MANAGING THOSE ENDOWMENT FUNDS CONTRIBUTED IN ORDER TO SUPPORT QUALIFIED, CHARITABLE ORGANIZATIONS. 0 0 967992 967992 GRANTS GIVEN TO QUALIFIED 501(C)(3) ORGANIZATIONS. 967992 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 PA X X ORGANIZATION 2155616900 1511 WALNUT STREET SUITE 401 PHILADELPHIA PA 19102 X NANCY NEFF CHAIRMAN AND PRESIDENT 2.00 X X 0 0 0 JOEL ROODYN VICE PRESIDENT 1.00 1.00 X X 0 0 0 STEPHEN BERLINER BOARD MEMBER 0.50 1.00 X 0 0 0 JOEL MAGERMAN BOARD MEMBER 0.50 1.00 X 0 0 0 JEFFREY BUKANTZ BOARD MEMBER 0.50 4.00 X 0 0 0 JED MARGOLIS BOARD MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 945610 945610 832442 832442 4926 0 4926 4926 4926 22873947 16608987 6264960 6264960 6264960 BAD DEBT RECOVERY 900099 38991 38991 38991 8086929 0 0 7141319 867992 867992 100000 100000 17190 17190 58271 58271 40662 40662 400 400 BANK CHARGES 2322 2322 1086837 967992 118845 0 148260 137800 2542754 553429 27689 32615 17508091 22484407 544159 539300 20770953 23747551 16774 257580 0 179618 16774 437198 X 1458408 1323310 19295771 21987043 20754179 23310353 20770953 23747551 7000092 -4443918 0 X X 0 1 X 1 0 X X 1 MACCABI USA INC 131810938 7 1 867992 0 1 867992 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A, LINE 6 THE ORGANIZATION ALSO GAVE GRANT OF $100,000 TO MACCABI WORLD UNION IN 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20700790 950536 2595212 917220 58271 23271047 20807713 4072936 -3320337 744406 115117 20700790 16171118 3116515 2558358 904082 134196 20807713 13371210 257484 3114506 460239 8935 102908 16171118 11001963 265000 2611907 419961 87699 13371210 0.05518 0.43554 0.50928 0 0 0 DUE TO MACCABI USA 179618 179618 3545749 -4443918 -4443918 7989667 58271 38991 97262 8086929 989575 0 989575 58271 38991 97262 1086837 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS CONSIST OF ENDOWMENT FUND ASSETS TO BE HELD INDEFINITELY. THE INCOME FROM THESE ASSETS IS TO BE USED TO SUPPORT QUALIFIED, CHARITABLE ORGANIZATIONS. DURING 2014, THE ORGANIZATION FOLLOWED THE INCOME ONLY POLICY UNDER PA STATE LAW. FOR 2015 AND FORWARD, THE ORGANIZATION ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS UNDER THE PERCENTAGE OF PORTFOLIO REPORTING METHOD. THIS METHOD ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAM SERVICES SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 38,991. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 38,991. 1 MIDDLE EAST AND NORTH AFRICA 0 0 GRANT TO NONPROFIT ORGANIZATION IN THE REGION 100000 0 0 0 0 0 0 100000 0 100000 MIDDLE EAST AND NORTH AFRICA PROGRAMS OF THE ORGANIZATION 100000 WIRE TRANSFER 0 1 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION IS IN REGULAR COMMUNICATION WITH MACCABI WORLD UNION, INCLUDING MONTHLY PHONE CALLS WITH THEIR LEADERSHIP AND ATTENDANCE AT THEIR ANNUAL MEETING. IN THESE SETTINGS, THE ORGANIZATIONS DISCUSS CURRENT PROGRAMS, UPCOMING PLANS, AND POTENTIAL NEEDS AND PRIORITIES FOR USE OF GRANT FUNDS. 1 MACCABI USA INC 1511 WALNUT STREET SUITE 401 PHILADELPHIA PA 19102 131810938 501 (C) (3) 867992 0 PROGRAMS OF THE ORGANIZATION 1 0 PART I, LINE 2: CEO OF MACCABI USA REPORTS TO THE ENDOWMENT BOARD OF DIRECTORS FOR USE OF GRANT FUNDS. IN ADDITION, MACCABI USA BOARD MEMBERS, ALSO ON THE ENDOWMENT BOARD, ARE INVOVLED IN REPORTING AND APPROVING THE FUNDS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY OFFICERS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND GOVERNING DOCUMENTS ARE POSTED ON ORGANIZATION'S WEBSITE. FORM 990. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. MACCABI USA INC 1511 WALNUT STREET SUITE 401 PHILADELPHIA PA 19102 131810938 BUILDING JEWISH PRIDE THROUGH SPORTS PA 501(C)(3) LINE 7 N/A 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 MACCABI USA INC B 867992 CASH MACCABI USA INC E 179618 CASH