2022-10-04T11:59:29-05:00 2021-12-31 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2021-01-01 132563745 JERUSALEM FOUNDATION INC % SAL VIRGADAULA JERU 2126974188 420 LEXINGTON AVENUE STE 1645 NEW YORK NY 10170 JOSEPH NADIS EXECUTIVE DIRECTOR 2126974188 2022-10-04 true JOSEPH NADIS 999009999 Paul Hammerschmidt P01384178 2128858000 3 2021 2022-09-23 18:48:47Z JOSEPH NADIS 420 LEXINGTON AVE STE 1645 NEW YORK NY 10170 30522951 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 23 5 24 0 0 7858257 11800719 0 0 860621 4139016 427538 361910 9146416 16301645 8948560 16182448 0 0 1400452 1420440 10561 0 988350 574923 731323 10934496 18334211 -1788080 -2032566 41492747 41082907 278480 2807019 41214267 38275888 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 16182448 16182448 0 JERUSALEM FOUNDATION, INC. MAKES GRANTS FOR PROJECTS IN JERUSALEM SUCH AS PARKS, LIBRARIES, COMMUNITY CENTERS, AND ARCHAEOLOGICAL, HEALTH, SOCIAL AND CULTURAL ACTIVITIES. 16182448 true true false false false false false false false true true true false false false 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 2 0 true 5 true false false false false false false false false false false false false X 24 23 true false false false false false false true true false false true true true true true true false false false AL AK AZ AR CA CO CT DC FL GA IL KS KY LA ME MD MA MI MN MS MO NH NJ NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X SAL VIRGADAULA 2126974188 420 LEXINGTON AVENUE SUITE 1645 NEW YORK NY 10170 X James S Snyder Executive Chairman 35.0 0.0 X X 850000 0 17400 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 Marc Abramowitz Director as of 10/2021 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 Linda Jesselson Director 1.0 0.0 X 0 0 0 Dr Jordan Kassalow 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 Isidore Mayrock 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 as of 10/2021 1.0 0.0 X 0 0 0 Steven Scheinfeld General Counsel 2.0 0.0 X 0 0 0 John Shapiro Director 1.0 0.0 X 0 0 0 David Steinhardt Director as of 10/2021 1.0 0.0 X 0 0 0 Herbert S Wander Esq Director THRU 5/2021 1.0 0.0 X 0 0 0 1133250 0 34395 2 false true false KIWI PARTNERS INC 237 West 35th Street Suite 1101 NEW YORK NY 10001 ACCOUNTING 191784 1 153872 11646847 978710 11800719 0 2982335 2982335 0 352409 352409 0 0 0 15377987 14221306 1156681 1156681 1156681 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 9501 9501 9501 16301645 4500926 0 0 16182448 16182448 0 1167645 486780 680865 0 159694 66575 93119 43552 18156 25396 0 49549 20657 28892 0 0 239397 239397 0 0 81838 81838 9616 0 7909 1707 0 40417 20582 19835 12463 10334 2129 0 150973 55516 95457 59340 24738 34602 0 0 0 0 15476 15476 8199 8199 MISCELLANEOUS EXPENSES 113604 107256 6348 18334211 16182448 1163413 988350 291201 5320174 3914272 3417814 11767937 4660612 2081 1160 0 0 0 0 0 0 0 0 23601 51088 264483 222087 55142 42396 25424435 25516690 2452 2061347 0 0 0 0 11626 11626 41492747 41082907 212318 307019 0 0 0 2500000 0 0 0 0 0 0 0 0 66162 0 0 0 278480 2807019 X 17347217 20541460 23867050 17734428 41214267 38275888 41492747 41082907 -2032566 -905813 X false true X true false X 23717720 7720516 7758648 7858257 11800719 58855860 0 0 23717720 7720516 7758648 7858257 11800719 58855860 15694904 43160956 489337 164034 1131310 1420122 3334744 6539547 0 23880 5033 325 0 9501 38739 65434146 0.65961 0.68476 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12099114 1511394 483023 53669 13073816 11285429 1414875 541071 60119 12099114 10713661 1119322 547554 11285429 24125907 -918026 1235431 140780 21831670 23903762 1442526 1098346 122038 24125904 0.42030 0.57970 false false 45766 18949 26817 125804 118210 7594 92913 84928 7985 42396 SEI STRUCTURED CREDIT 1079719 F SEI VISTA FUND, LTD 981298 F SCULPTOR OVERSEAS FUND 330 F 2061347 0 0 X 15380845 -905813 66851 -838962 16219807 81838 81838 16301645 18319224 66851 66851 18252373 81838 81838 18334211 PART V, LINE 1A, COLUMN (C): THE BEGINNING BALANCE HAS BEEN RESTATED TO CORRECT A MISCLASSIFICATION OF NET ASSETS FROM NET ASSETS WITH DONOR RESTRICTIONS IN PERPETUITY AND SUBJECT TO APPROPRIATION FOR BOTH THE CORPUS AND THE CUMULATIVE INCOME IN THE TOTAL AMOUNT OF 11,118,009 TO NET ASSETS WITHOUT DONOR RESTRICTIONS - BOARD DESIGNATED. PART V, LINE 4: THE ENDOWMENT IS USED TO FUND BOARD-APPROVED PROGRAMS AND PROJECTS IN JERUSALEM. 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. JERUSALEM FOUNDATION, INC. (THE "REPORTING ORGANIZATION") DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE REPORTING ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE REPORTING ORGANIZATION HAS FILED INTERNAL REVENUE SERVICE FORM 990 TAX RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHEN IT IS REQUIRED. FOR THE YEAR ENDED DECEMBER 31, 2021, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. THE REPORTING ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF DECEMBER 31, 2021, THE REPORTING ORGANIZATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. true Middle East and North Africa 0 0 Grantmaking 16182488 Central America and the Caribbean 0 0 Investments 2061347 0 0 0 0 18243835 18243835 Middle East and North Africa CHARITABLE 16182488 WIRE 1 true false true false false false 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 Executive Chairman 850000 0 0 0 0 0 0 0 17400 0 867400 0 0 0 X 5 978710 SELLING PRICE 0 false false false 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. 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.