FOUNDATION FOR JEWISH PHILANTHROPIES INC (EIN 166023261) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1911

Legal Domicile

Principal Officer

IRVING LEVY

Phone

7162041133

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR JEWISH PHILANTHROPIES INC, founded in 1911, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $33.3M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19.1M, a strong 57% operating margin.

Mission

THE ORGANIZATION IS A NOT-FOR-PROFIT, PUBLIC CHARITY ESTABLISHED IN 1911 TO PROVIDE FOR THE QUALITY AND CONTINUITY OF JEWISH LIFE IN WESTERN NEW YORK AND AROUND THE WORLD THROUGH PRIVATE PHILANTHROPY. THE FOUNDATION SEEKS, ACCEPTS, MANAGES, AND DISTRIBUTES CHARITABLE LEGACIES, BEQUESTS, TRUSTS, ENDOWMENTS, AND OTHER PHILANTHROPICAL FUNDS FOR THE BENEFIT OF THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,971,483

Program Service Revenue $535,523

Investment Income $16,824,244

Other Revenue $0

TOTAL REVENUE $33,331,250

Expense Breakdown

Grants Paid $10,503,410

Salaries & Benefits $687,012

Fundraising Expenses $135,610

Program Expenses $13,788,766

Other Expenses $3,030,862

TOTAL EXPENSES $14,221,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,331,250	$27,453,302	+0.2%
Expenses	$14,221,284	$13,828,655	+0.0%
Net Income	$19,109,966	$13,624,647	+0.4%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$364,718

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL KESTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CRAIG SMALL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF BAGEL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD STEINBERG	SECRETARY	1.00	Officer Director	$0	$0	$0
PENNY HOWARD	TREASURER	1.00	Officer Director	$0	$0	$0
MORT ABRAMSON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN FREED	DIRECTOR	1.00	Director	$0	$0	$0
LISA ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT GOLDMAN DMD	DIRECTOR	1.00	Director	$0	$0	$0
SARAH CARNEY	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE CORRIS	DIRECTOR	1.00	Director	$0	$0	$0
ALON KUPFERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE LEVINE	DIRECTOR	1.00	Director	$0	$0	$0
JORDANA MAISEL	DIRECTOR	1.00	Director	$0	$0	$0
DR BRIAN SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
ESTHER QUARTARONE	DIRECTOR	1.00	Director	$0	$0	$0
SANATH RAJAPASKE	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA STEVENER	DIRECTOR	1.00	Director	$0	$0	$0
JAKE WARNER	DIRECTOR	1.00	Director	$0	$0	$0
ERIC RECOON	DIRECTOR	1.00	Director	$0	$0	$0
RUTH WISEMAN SPIVACK	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND FINK	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
JUDITH KATZ	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
ARNOLD KAHN	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
SANFORD NOBEL	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
DONALD KOHNSTAMM	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN SCHECHTER	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
RICHARD ZAKALIK	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
DAVID FEUERSTEIN	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
GARY GREENFIELD	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
LENORE J LEVY	HONORARY TRUSTEE	1.00	Director	$0	$0	$0
IRVING LEVY	EXECUTIVE DIRECTOR	40.00	Officer	$205,971	$45,557	$251,528
RACHAEL SANDOR	CFO	40.00	Officer	$102,843	$10,347	$113,190

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$33,331,250	$14,221,284	$271,356,138	$19,109,966
2023	$27,453,302	$13,828,655	$253,763,195	$13,624,647
2022	$11,401,853	$37,627,864	$239,988,540	$-26,226,011
2021	$25,804,353	$32,251,555	$249,898,212	$-6,447,202
2020	$10,772,527	$18,301,936	$232,889,336	$-7,529,409
2019	$11,421,949	$10,767,066	$222,944,590	$654,883
2018	$14,237,441	$13,237,452	$205,051,604	$999,989

FOUNDATION FOR JEWISH PHILANTHROPIES INC