2025-11-13T18:20:37+00:00 2024-12-31 135381590 BDO USA 200 PARK AVE 38TH FLOOR NEW YORK NY 10166 990 2024-01-01 132563745 JERUSALEM FOUNDATION INC JERU 2126974188 17 WEST 60TH STREET FL 2 NEW YORK NY 10023 RABBI JOY LEVITT EXECUTIVE DIRECTOR 2025-11-14 true PAUL HAMMERSCHMIDT P01384178 2128858000 2025-11-11 2024 2025-03-06 01:10:19Z X RABBI JOY LEVITT 17 WEST 60TH STREET FL 2 NEW YORK NY 10023 25904291 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. 21 21 3 22 0 10214719 13066827 0 0 747815 2778594 189275 158067 11151809 16003488 11672900 12694224 0 0 1203364 647515 0 0 467871 830466 882259 13706730 14223998 -2554921 1779490 38434102 45419427 405501 5246015 38028601 40173412 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 12694224 12694224 0 JERUSALEM FOUNDATION, INC. MAKES GRANTS FOR PROJECTS IN JERUSALEM SUCH AS PARKS, LIBRARIES, COMMUNITY CENTERS, AND ARCHAEOLOGICAL, HEALTH, SOCIAL AND CULTURAL ACTIVITIES. 12694224 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 false false true false false false false false false false false false true 5 0 true 3 true false false false false false false false false false false false false X 21 21 true false false false false false false true true false false false true true true true true true false false false false NY X SAL VIRGADAULA 2126974188 17 WEST 60TH STREET 2ND FLOOR NEW YORK NY 10023 RABBI JOY LEVITT CEO eff. 6/2024/BOARD MEMBER (THRU 5/2024) 14.0 X X 130000 0 10250 STEPHEN R REINER SECRETARY/TREASURER 2.0 X X 0 0 0 STEVEN SCHEINFELD CHAIRMAN 2.0 X X 0 0 0 ALAN G HASSENFELD CHAIRMAN EMERITUS 1.0 X 0 0 0 ALLEN MODEL DIRECTOR 1.0 X 0 0 0 AMBASSADOR LYNDON OLSON JR DIRECTOR 1.0 X 0 0 0 CASSIE ARISON DIRECTOR 1.0 X 0 0 0 CRAIG REICHER DIRECTOR 1.0 X 0 0 0 DANIEL CROWN DIRECTOR 1.0 X 0 0 0 DAVID KRAUSS DIRECTOR 1.0 X 0 0 0 DAVID N BOTTOMS JR DIRECTOR 1.0 X 0 0 0 DAVID RECANATI DIRECTOR 1.0 X 0 0 0 DR JORDAN KASSALOW DIRECTOR 1.0 X 0 0 0 ISAAC APPLBAUM DIRECTOR (THRU 9/2024) 1.0 X 0 0 0 JOHN SHAPIRO DIRECTOR 1.0 X 0 0 0 LESTER CROWN DIRECTOR 1.0 X 0 0 0 LINDA JESSELSON DIRECTOR 1.0 X 0 0 0 MITCHELL E RUDIN DIRECTOR 1.0 X 0 0 0 NATHAN LEIGHT DIRECTOR 1.0 X 0 0 0 SHEILA LAMBERT DIRECTOR 1.0 X 0 0 0 STEVEN KLEIN DIRECTOR (AS OF 9/2024) 1.0 X 0 0 0 SUSAN BLOCK CASDIN DIRECTOR 1.0 X 0 0 0 THEODORE MIRVIS DIRECTOR 1.0 X 0 0 0 JOSEPH NADIS EXECUTIVE DIRECTOR (THRU 11/2024) 35.0 X 281434 0 19547 411434 0 29797 2 false true false ARABELLA ADVISORS INC 1828 L STREET NW SUITE 300 WASHINGTON DC 20036 ACCOUNTING 223920 1 13066827 308854 13066827 0 0 0 0 0 2379666 2379666 155804 155804 0 0 10299731 9900803 398928 0 398928 398928 OTHER INCOME 900099 2263 2263 0 0 0 0 2263 16003488 0 0 2936661 12694224 12694224 0 0 441231 0 247547 193684 117045 0 65667 51378 33016 0 18523 14493 25126 0 14096 11030 31097 0 17446 13651 290207 0 290207 0 93418 0 93418 0 116037 0 68780 47257 39590 0 25651 13939 52659 0 50386 2273 163536 0 91750 71786 97212 0 54539 42673 1599 0 897 702 9642 0 9642 0 6958 0 6958 0 MISCELLANEOUS EXPENSES 11401 0 6396 5005 0 0 0 0 14223998 12694224 1061903 467871 273372 1289478 6620990 12404313 7293094 5966896 0 0 0 0 21553 48220 268216 257329 18809 10887 21485892 22857219 2449359 2699008 0 271033 143406 38434102 45419427 140301 144659 0 0 265200 5101356 405501 5246015 X 18402993 20052782 19625608 20120630 38028601 40173412 38434102 45419427 1779490 365321 0 X false true true false X 7858257 11800719 19482452 10214719 13066827 62422974 0 0 7858257 11800719 19482452 10214719 13066827 62422974 30069816 32353158 1420122 3334744 1558282 1522727 2535470 10371345 0 0 9501 0 534 2263 12298 72806617 0 0.44437 0.44192 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 0.0, COLUMN B - 9501.0, COLUMN C - 0.0, COLUMN D - 534.0, COLUMN E - 2263.0, COLUMN F - 12298.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23268369 2673797 857830 95314 24989022 22024835 2913820 1577407 92879 23268369 26666116 -3719453 829645 92183 22024835 24641915 3019766 896009 99556 26666116 23011758 2731347 991071 110119 24641915 0.4919 0.2199 0.2882 false false 45766 40890 4876 129537 128104 1433 92913 88335 4578 10887 Closely-held equity interests Financial derivatives SEI VISTA FUND, LTD 1195697 F SEI STRUCTURED CREDIT 1503311 F SCULPTOR OVERSEAS FUND 2699008 Federal Income Taxes DUE TO JERUSALEM FOUNDATION, ISRAEL 5000000 OPERATING LEASES 101356 5101356 X 16527264 365321 251873 0 617194 15910070 93418 0 93418 16003488 14382453 251873 0 251873 14130580 93418 0 93418 14223998 Schedule D, Part V The Board-Designated Endowment was previously excluded from reporting in prior years. It is now included in the current year and prior year amounts have been updated to reflect this correction. Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT IS USED TO FUND BOARD-APPROVED PROGRAMS AND PROJECTS IN JERUSALEM. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote 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, 2024, 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, 2024, THE FOUNDATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. true Middle East and North Africa Grantmaking 12694224 Central America and the Caribbean Investments 2699008 0 0 0 0 0 0 15393232 0 15393232 Middle East and North Africa CHARITABLE PROJECTS 12694224 WIRE TRANSFER 1 0 true false true false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds 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. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements MIDDLE EAST AND NORTH AFRICA-Accrual X X false false false false false false false false false JOSEPH NADIS EXECUTIVE DIRECTOR (THRU 11/2024) 281434 0 0 0 0 0 0 0 19547 0 300981 0 0 0 3 308854 Other - MARKET QUOTATION 0 false false false SCHEDULE M, PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBERS OF CONTRIBUTIONS. Form 990, Part VI, Line 15 LINE 15A: THE INDEPENDENT BOARD OF DIRECTORS OF THE ORGANIZATION HAVE EMPOWERED THE BOARD CHAIRMAN AND GENERAL COUNSEL TO REVIEW AND DETERMINE THE SALARY OF THE CEO 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 POSITION. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons LESTER CROWN - Family relationship, DANIEL CROWN - Family relationship, DAVID KRAUSS - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.