2024-10-07T11:49:15-05:00 2023-12-31 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2023-01-01 132563745 JERUSALEM FOUNDATION INC % SAL VIRGADAULA JERU 2126974188 420 LEXINGTON AVENUE Suite 1645 NEW YORK NY 10170 JOSEPH NADIS EXECUTIVE DIRECTOR 2126974188 2024-09-13 true true Paul Hammerschmidt P01384178 2128858000 2024-09-12 2023 2024-10-15 13:58:12Z JOSEPH NADIS 420 LEXINGTON AVE STE 1645 NEW YORK NY 10170 22568708 false X WWW.JERUSALEMFOUNDATION.ORG X 1966 NY JERUSALEM FOUNDATION, INC. MAKES GRANTS FOR PROJECTS IN JERUSALEM SUCH AS PARKS, LIBRARIES, COMMUNITY CENTERS, AND ARCHAEOLOGICAL, HEALTH, SOCIAL AND CULTURAL ACTIVITIES. 24 24 4 25 0 0 19482452 10214719 0 0 1117832 747815 206842 189275 20807126 11151809 13822889 11672900 0 0 1531454 1203364 0 0 956293 866341 830466 16220684 13706730 4586442 -2554921 38626491 38434102 631166 405501 37995325 38028601 X WITH UNIVERSAL AND JEWISH VALUES AS THE SOURCE OF ITS INSPIRATION, THE JERUSALEM FOUNDATION SEEKS TO CREATE A JUST SOCIETY FOR ALL CITIZENS OF JERUSALEM. THE JERUSALEM FOUNDATION WORKS TOWARD CREATING AN OPEN, EQUITABLE AND MODERN SOCIETY BY RESPONDING TO THE NEEDS OF RESIDENTS AND TRYING TO IMPROVE THEIR QUALITY OF LIFE. THE JERUSALEM FOUNDATION WILL CONTINUE TO PIONEER CHANGE WHILE AT THE SAME TIME SUPPORTING EFFORTS TO PRESERVE THE HISTORY OF THE CITY. false false 11672900 11672900 0 JERUSALEM FOUNDATION, INC. MAKES GRANTS FOR PROJECTS IN JERUSALEM SUCH AS PARKS, LIBRARIES, COMMUNITY CENTERS, AND ARCHAEOLOGICAL, HEALTH, SOCIAL AND CULTURAL ACTIVITIES. 11672900 true true false false false false false false false true true true false false true true true false false false true true false false false false false false false true false false false false false false false false true false false false false false false false false true 4 0 true 4 true false false false false false false false false false false false false X 24 24 true false false false false false false true true false false true true true true true true false false false NY X SAL VIRGADAULA 2126974188 420 LEXINGTON AVENUE SUITE 1645 NEW YORK NY 10170 X JAMES S SNYDER THRU 102023 EXECUTIVE CHAIRMAN 35.0 0.0 X X 708333 0 19800 JOSEPH NADIS EXECUTIVE DIRECTOR 35.0 0.0 X 283250 0 16995 ALAN G HASSENFELD CHAIRMAN 2.0 0.0 X X 0 0 0 STEPHEN R REINER SECRETARY/TREASURER 2.0 0.0 X X 0 0 0 STEVEN SCHEINFELD GENERAL COUNSEL 2.0 0.0 X 0 0 0 MARC ABRAMOWITZ DIRECTOR (THRU 10/2023) 1.0 0.0 X 0 0 0 ISAAC APPLBAUM DIRECTOR 1.0 0.0 X 0 0 0 CASSIE ARISON DIRECTOR 1.0 0.0 X 0 0 0 DAVID N BOTTOMS JR DIRECTOR 1.0 0.0 X 0 0 0 SUSAN BLOCK CASDIN DIRECTOR 1.0 0.0 X 0 0 0 DANIEL CROWN DIRECTOR 1.0 0.0 X 0 0 0 LESTER CROWN DIRECTOR 1.0 0.0 X 0 0 0 TONY FELZEN DIRECTOR 1.0 0.0 X 0 0 0 LINDA JESSELSON DIRECTOR 1.0 0.0 X 0 0 0 DR JORDAN KASSALOW DIRECTOR 1.0 0.0 X 0 0 0 DAVID KRAUSS DIRECTOR 1.0 0.0 X 0 0 0 SHEILA LAMBERT DIRECTOR 1.0 0.0 X 0 0 0 NATHAN LEIGHT DIRECTOR 1.0 0.0 X 0 0 0 RABBI JOY LEVITT DIRECTOR 1.0 0.0 X 0 0 0 THEODORE MIRVIS DIRECTOR 1.0 0.0 X 0 0 0 ALLEN MODEL DIRECTOR 1.0 0.0 X 0 0 0 AMBASSADOR LYNDON OLSON JR DIRECTOR 1.0 0.0 X 0 0 0 DAVID RECANATI DIRECTOR 1.0 0.0 X 0 0 0 CRAIG REICHER DIRECTOR 1.0 0.0 X 0 0 0 MITCHELL E RUDIN DIRECTOR 1.0 0.0 X 0 0 0 JOHN SHAPIRO DIRECTOR 1.0 0.0 X 0 0 0 DAVID STEINHARDT DIRECTOR 1.0 0.0 X 0 0 0 991583 0 36795 2 false true false ARABELLA ADVISORS INC 1828 L STREET NW SUITE 300 WASHINGTON DC 20036 ACCOUNTING 215304 1 10214719 240080 10214719 0 1333986 1333986 0 188741 188741 0 0 0 10830728 11416899 -586171 -586171 -586171 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 534 534 534 11151809 0 937090 0 0 11672900 11672900 0 1028378 442913 585465 0 54443 23448 30995 42345 18238 24107 37673 16225 21448 40525 17454 23071 0 0 276807 276807 0 0 86930 86930 46095 7776 38319 0 38058 21610 16448 11192 8176 3016 0 172339 74225 98114 141306 60859 80447 0 35407 4312 31095 0 0 10119 10119 5594 5594 MISCELLANEOUS EXPENSES 6619 2851 3768 13706730 11672900 1077537 956293 314142 273372 8084497 6620990 7134757 7293094 0 0 0 0 0 0 0 0 0 0 20390 21553 266496 247687 28928 18809 20424002 21485892 2202765 2449359 0 0 0 0 417010 271033 38626491 38434102 216095 140301 0 0 5500 0 0 0 0 0 0 0 0 0 0 0 409571 265200 631166 405501 X 20020033 18402993 17975292 19625608 37995325 38028601 38626491 38434102 -2554921 2588197 X false true X true false X 7758648 7858257 11800719 19482452 10214719 57114795 0 0 7758648 7858257 11800719 19482452 10214719 57114795 27907391 29207404 1131310 1420122 3334744 1558282 1522727 8967185 0 325 0 9501 0 534 10360 66092340 0.44192 0.41049 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10840535 1441883 404913 44990 11832515 13073816 -1788398 400395 44488 10840535 12099114 1511394 483023 53669 13073816 11285429 1414875 541071 60119 12099114 10713661 1119322 547554 11285429 0.46440 0.53560 false false 45766 33577 12189 127817 126691 1126 92913 87419 5494 18809 SEI VISTA FUND, LTD 1199709 F SEI STRUCTURED CREDIT 1249336 F SCULPTOR OVERSEAS FUND 314 F 2449359 0 OPERATING LEASES 265200 265200 X 13776198 2588197 123122 2711319 11064879 86930 86930 11151809 13742922 123122 123122 13619800 86930 86930 13706730 PART V, LINE 4: THE ENDOWMENT IS USED TO FUND BOARD-APPROVED PROGRAMS AND PROJECTS IN JERUSALEM. SCHEDULE D, PART X, LINE 2: Under ASC 740, Income Taxes, an organization must recognize the tax impact of a tax position taken on a tax return when it is more likely than not that the position will not be sustained on audit, based on the technical merits of the position. The Foundation does not believe there are any material uncertain tax positions and, accordingly, has not recognized any liability for unrecognized tax benefits. The Foundation has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, the Foundation has filed IRS Form 990 tax returns, as required, and all other applicable returns in jurisdictions when it is required. For the year ended December 31, 2023, there were no interest or penalties recorded or included in the statement of activities. The Foundation is subject to routine audits by taxing authorities. As of December 31, 2023, the Foundation was not subject to any examination by a taxing authority. true Middle East and North Africa Grantmaking 11672900 Central America and the Caribbean Investments 2449362 14122262 14122262 Middle East and North Africa CHARITABLE 11672900 WIRE 1 true false true false false false SCHEDULE F, PART I, LINE 2: GRANTS ARE GIVEN THROUGHOUT THE YEAR TO THE JERUSALEM FOUNDATION, ISRAEL TO SUPPORT VARIOUS PROJECTS AND PROGRAMS. THE JERUSALEM FOUNDATION, ISRAEL PROVIDES MONTHLY UPDATES ON PROJECT AND PROGRAM ACTIVITY TO THE Jerusalem Foundation, Inc. GRANT FUNDS PROVIDED ARE ALSO MONITORED AGAINST PROGRAM BUDGETS AND SIGNIFICANT VARIANCES ARE EXPLAINED. X X false false false false false false false false false JOSEPH NADIS EXECUTIVE DIRECTOR 283250 0 0 0 0 0 0 0 16995 0 300245 0 0 0 JAMES S SNYDER THRU 102023 EXECUTIVE CHAIRMAN 708333 0 0 0 0 0 0 0 19800 0 728133 0 0 0 X 1 240080 SELLING PRICE false false false SCHEDULE M, PART I, COLUMN B: THE ORGANIZATION IS REPORTING THE NUMBERS OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2: BOARD DIRECTORS, LESTER CROWN AND DANIEL CROWN ARE FATHER AND SON, RESPECTIVELY. DAVID KRAUSS, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH LESTER CROWN AND DANIEL CROWN. FORM 990, PART VI, SECTION B, LINE 11B: THE AUDIT COMMITTEE IS AUTHORIZED BY THE BOARD OF DIRECTORS TO REVIEW FORM 990. THE ORGANIZATION'S AUDIT FIRM PROVIDES THE AUDIT COMMITTEE WITH A DRAFT OF FORM 990 WHICH THE COMMITTEE THEN REVIEWS FOR COMPLETENESS AND ACCURACY. THE AUDIT FIRM THEN ADDRESSES ANY CONCERNS OR REVISIONS TO FORM 990 PROPOSED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE THEN ACCEPTS THE FORM 990. THE FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: THE BOARD-APPROVED CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL BOARD MEMBERS AND KEY EMPLOYEES. ON AN ANNUAL BASIS, BOARD MEMBERS AND KEY EMPLOYEES MUST DISCLOSE ANY CONFLICTS THAT HE OR SHE MAY HAVE BY COMPLETING THE CONFLICTS OF INTEREST DISCLOSURE FORM AND SUBMITTING IT TO A MEMBER OF THE ORGANIZATION'S MANAGEMENT FOR REVIEW. BOARD MEMBERS AND KEY EMPLOYEES ARE ALSO RESPONSIBLE FOR PROMPTLY DISCLOSING ANY CONFLICT. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: THE INDEPENDENT BOARD OF DIRECTORS OF THE ORGANIZATION HAVE EMPOWERED THE BOARD CHAIRMAN AND GENERAL COUNSEL TO REVIEW AND DETERMINE THE SALARY OF THE EXECUTIVE CHAIRMAN AND THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. RECENT SALARY SURVEY DATA OF SIMILAR-SIZED NONPROFIT ORGANIZATIONS IN THE NY METROPOLITAN AREA ARE REVIEWED TO DETERMINE A REASONABLE AND COMPETITIVE SALARY FOR THE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19: The Organization makes its Conflict of Interest Policy and Financial Statements available to the public upon request.