JEWISH COMMUNITY FOUNDATION OF LOS ANGELES

EIN: 956111928 501(c)(3) Philanthropy & Grantmaking

LOS ANGELES, CA

Total Revenue
$149,831,116
Total Expenses
$145,251,156
Total Assets
$1,115,528,585
Net Assets
$859,099,017
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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
CA
Phone
3237618700
Tax Period
2023-01-01 to 2023-12-31

JEWISH COMMUNITY FOUNDATION OF LOS ANGELES, founded in 1964, is a major nonprofit in the Philanthropy & Grantmaking sector that reported $149.8M in total revenue in fiscal year 2023. Revenue surged 218% from the prior year, signaling strong growth momentum. Expenses of $145.3M left a modest 3% surplus.

Mission

The mission of the Jewish Community Foundation of Los Angeles (The Foundation) is to strengthen the Jewish community and community at large by facilitating, increasing, and ensuring effective philanthropy in Los Angeles, nationally, and internationally. To accomplish this mission, The Foundation works with philanthropists, nonprofit organizations, and professional advisors to build meaningful collaborations and support worthy causes. The Foundation and its 1,400-plus donors support a wide range of charitable organizations locally and around the world, Jewish and secular, including synagogues and Jewish day schools, colleges, and universities, health, environmental, social service agencies, and arts and culture organizations.

Program Service Accomplishments

Program 1
Expenses: $135,631,017 Revenue: $139,000

To fulfill our charitable mission, the Jewish Community Foundation of Los Angeles operates grant programs that support numerous nonprofit causes locally, nationally, and internationally in both the...

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To fulfill our charitable mission, the Jewish Community Foundation of Los Angeles operates grant programs that support numerous nonprofit causes locally, nationally, and internationally in both the Jewish community and in the greater community at large. Two examples are below: (A) Cutting Edge Grants In 2023, The Foundation awarded $2 million in Cutting Edge Grants to 8 organizations committed to fostering a more vibrant and inclusive Jewish Community. The grants supported programs addressing increased antisemitism and anti-Zionism; uplifting and empowering Latin, Asian, Misrahi, and Sephardic Jews; and promoting the health, well-being, and safety of Jewish youth, people with disabilities, and educational and spiritual leaders. For example, The Foundation provided a $300,000 grant to Friendship Circle Los Angeles to launch the Creative Center for Adults, which will provide Jewish adults with developmental disabilities with meaningful employment opportunities and social engagement through a variety of creative activities, such as skateboard assembly and sales, arts and crafts, and gift design. The program aims to provide participants with meaningful activity during the day, help them develop new skills, build confidence, and connect with the Jewish community. (B) Next Stage Grants The Foundation awarded $2 million in Next Stage grants in 2023 to 8 organizations in Los Angeles focused on capacity building. The grants are designed to support a dynamic and thriving Los Angeles Jewish community by strengthening the internal and operational capacity of local Jewish nonprofits. The 2023 Next Stage Grants provide community nonprofit partners with the funding, expertise, and space to holistically assess their needs and strengthen their operations to best serve the community during a pivotal moment of transition. For example, The Foundation awarded $250,000 to Sharsheret, an organization that supports Jewish women and families living with or at risk for breast and ovarian cancer. The grant will support leadership development, restructuring, and expansion of its LA staff, enabling Sharsheret to provide high quality services to more Jewish clients in LA. Grantmaking Through Endowment Funds Grants are also provided via endowment funds that The Foundation manages. An endowment fund is created by someone for one or more charitable purposes, and it becomes a permanent legacy that provides annual support to a cause or organization. These include: *Permanent Legacy Fund - An endowment fund that supports The Foundation's annual grants programs described above. *Field of Interest Fund - Through this endowment fund, donors may designate general causes or fields of interest that they wish to support. The Foundation ensures their charitable intentions are fulfilled, even after the donors themselves are no longer living. *Restricted or Designated Fund - This is an endowment fund that supports one or more specific nonprofit organizations.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $127,238,326
Program Service Revenue $0
Investment Income $21,591,764
Other Revenue $1,001,026
TOTAL REVENUE $149,831,116

Expense Breakdown

Grants Paid $135,631,017
Salaries & Benefits $6,054,506
Fundraising Expenses $3,314,794
Program Expenses $135,631,017
Other Expenses $3,565,633
TOTAL EXPENSES $145,251,156

Year-over-Year Comparison

2023 2022 Change
Revenue $149,831,116 $47,166,388 +2.2%
Expenses $145,251,156 $125,238,141 +0.2%
Net Income $4,579,960 $-78,071,753 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
33
Independent Members
33
Employees
34
Volunteers
100

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
18
$3,167,899
Total Directors
33
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE/VICE PRESIDENT 0.2
Officer Director
$0 $0 $0
N/A TRUSTEE/VICE PRESIDENT 0.5
Officer Director
$0 $0 $0
N/A TRUSTEE/VICE PRESIDENT 0.7
Officer Director
$0 $0 $0
N/A TRUSTEE/VICE PRESIDENT 0.6
Officer Director
$0 $0 $0
N/A TRUSTEE/CHAIR 2.3
Officer Director
$0 $0 $0
N/A TRUSTEE/VICE PRESIDENT 0.6
Officer Director
$0 $0 $0
N/A TRUSTEE/VICE PRESIDENT 0.6
Officer Director
$0 $0 $0
N/A TRUSTEE / SECRETARY 0.4
Officer Director
$0 $0 $0
N/A Trustee 0.1
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.3
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.2
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.3
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.6
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.1
Director
$0 $0 $0
N/A TRUSTEE 0.1
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.1
Director
$0 $0 $0
N/A TRUSTEE 0.4
Director
$0 $0 $0
N/A TRUSTEE 0.1
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A Trustee (Start 1/2023) 0.1
Director
$0 $0 $0
N/A TRUSTEE 1.5
Director
$0 $0 $0
N/A President & CEO (start 1/2023) 39.8
Officer
$445,051 $164,853 $609,904
N/A EXECUTIVE VICE PRESIDENT 40.0
Officer
$380,427 $66,954 $447,381
N/A CFO/SENIOR VP OF FINANCE (start 1/2023) 37.3
Officer
$324,221 $11,931 $336,152
N/A VICE PRESIDENT/GENERAL COUNSEL 36.3
Officer
$223,125 $35,872 $258,997
N/A VP MARKETING & COMMUNICATIONS 40.0
Officer
$174,225 $81,486 $255,711
N/A PRESIDENT & CEO 35.3
Officer
$149,307 $24,457 $173,764
N/A VP,CTR DESIGNED PHILANTHROPY 40.0
Officer
$216,373 $22,861 $239,234
N/A VP, CHARITABLE GIFT PLANNING 40.0
Officer
$163,249 $34,373 $197,622
N/A VP of Finance 37.0
Officer
$267,255 $32,129 $299,384
N/A VICE PRESIDENT, ADVANCEMENT 40.0
Officer
$306,606 $43,144 $349,750
N/A CONTROLLER 40.0
Highest
$183,183 $23,494 $206,677
N/A ASSISTANT CONTROLLER 40.0
Highest
$164,638 $33,293 $197,931
N/A GENERAL LEDGER ACCOUNTANT 40.0
Highest
$110,901 $49,940 $160,841
N/A Events Manager and Database Specialist 40.0
Highest
$107,729 $19,139 $126,868
N/A Marketing & Communications Manager 40.0
Highest
$107,533 $30,613 $138,146
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 No data No data No data No data
2023 $149,831,116 $145,251,156 $1,115,528,585 $4,579,960
2022 $47,166,388 $125,238,141 $1,019,050,070 $-78,071,753
2021 $179,628,245 $151,792,858 $1,255,786,161 $27,835,387
2020 $108,439,956 $107,541,922 $1,147,355,921 $898,034
2019 $149,675,530 $114,088,256 $1,081,965,866 $35,587,274
2018 $105,724,305 $103,085,128 $960,591,791 $2,639,177
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