2021-11-12T06:22:31-06:00 2020-12-31 593070669 MSL PA 500 E BROWARD BLVD SUITE 1550 FORT LAUDERDALE FL 33394 990 2020-01-01 650334267 JAFCO CHILDREN'S FOUNDATION INC JAFC 9543158680 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 SARAH FRANCO CHIEF EXECUTIVE OFFICER 9543158680 2021-11-12 1 SARAH FRANCO 999009999 HARRY E HARP CPA P00176471 9548478910 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z SARAH FRANCO 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 7293911 0 X WWW.JAFCO.ORG X 1992 FL TO PROVIDE SUSTAINED FUNDING FOR THE DEVELOPMENT OF JAFCO, A RELATED 501(C)(3), AND ITS SUBSIDIARIES. 12 12 0 12 0 0 5513939 6809199 0 0 1015379 484712 0 0 6529318 7293911 2150000 1801526 0 0 0 0 0 0 456510 1072701 1459157 3222701 3260683 3306617 4033228 39777658 44404216 7199 82326 39770459 44321890 X THE FILING ORGANIZATION'S MISSION IS TO PROVIDE SUSTAINED FUNDING FOR JEWISH ADOPTION & FOSTER CARE OPTIONS, INC. AND JAFCO CHILDREN'S ABILITY CENTER, INC., RELATED 501(C)(3) ORGANIZATIONS SERVING ABUSED, NEGLECTED, AND SPECIAL NEEDS CHILDREN AND THEIR FAMILIES IN SOUTH FLORIDA. 0 0 2628415 1801526 JAFCO CHILDREN'S FOUNDATION INC. PROVIDES FUNDING AND SUPPORT FOR JAFCO APPROVED PROGRAMS LISTED IN ITS BYLAWS. IT HELPS FACILITATE, PROVIDE TECHNICAL ASSISTANCE, GENERAL SUPPORT AND FUNDING FOR RECOGNIZED AFFILIATE ORGANIZATIONS WHOSE PURPOSE IS TO DUPLICATE THE JEWISH ADOPTION AND FOSTER CARE OPTIONS, INC. MODEL IN SOUTH FLORIDA IN OTHER GEOGRAPHIC REGIONS EITHER IN THE UNITED STATES OR ELSEWHERE IN THE WORLD. 2628415 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X SARAH FRANCO 9543158680 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 SARAH FRANCO CHIEF EXECUTIVE OFFICER 10.00 30.00 X 0 192938 37765 STUART RADER PRESIDENT 1.00 0.00 X X 0 0 0 MARCI LANGLEY VICE PRESIDENT 1.00 1.00 X X 0 0 0 LARRY ROBINSON SECRETARY 1.00 0.00 X X 0 0 0 LAURENCE HERRUP TREASURER 1.00 0.00 X X 0 0 0 LINDA BRODIE DIRECTOR 1.00 1.00 X 0 0 0 MARA GOBER DIRECTOR 1.00 1.00 X 0 0 0 PAUL GOLDNER DIRECTOR 1.00 1.00 X 0 0 0 STEWART GREENBERG DIRECTOR 1.00 1.00 X 0 0 0 KEN MORRIS DIRECTOR 1.00 0.00 X 0 0 0 MAURICE D PLOUGH JR DIRECTOR 1.00 1.00 X 0 0 0 DR RONALD SIMON DIRECTOR 1.00 2.00 X 0 0 0 STEVEN WEISS DIRECTOR 1.00 0.00 X 0 0 0 0 192938 37765 0 0 1 0 0 6809199 6809199 196493 196493 288219 0 288219 288219 288219 7293911 0 0 484712 1801526 1801526 6588 6588 42075 42075 53928 43142 10786 37860 35855 2005 12988 12988 43078 2253 40825 742830 623977 89140 29713 135843 108674 27169 MISC. FUNDRAISING 265567 265567 PROVISION FOR BAD DEBT 118400 118400 3260683 2628415 175758 456510 2011255 2753616 9452324 10847100 10709957 1371526 113791 35342 21925813 4952582 15977367 16973231 13659623 4295 272447 39777658 44404216 7199 0 82326 7199 82326 X 9702363 26052899 30068096 18268991 39770459 44321890 39777658 44404216 X 4033228 -34390 590535 -37942 X X 0 1 X 1 0 X 2656089 2640182 6932612 5513939 6809199 24552021 2656089 2640182 6932612 5513939 6809199 24552021 217294 24334727 87591 71879 111387 206970 105465 583292 25135313 1887510 0.96810 0.97800 X 0.97800 0.02000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1190639 2209714 332730 3733083 0.91087 0.08913 0 0 2455850 2455850 16713318 4070790 12642528 2610523 881792 1728731 146122 146122 16973231 CASH AND MONEY MARKET FUNDS 10259007 F DOMESTIC EQUITIES 647031 F FIXED INCOME 1032537 F INTERNATIONAL EQUITIES 838189 F ALTERNATIVE INVESTMENTS 882859 F 13659623 ANNUITY 82326 82326 X 7221579 -34390 -37942 -72332 7293911 0 7293911 3260683 0 3260683 0 3260683 PART V, LINE 4: THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY. THE ORGANIZATION DISBURSES FUNDS AS NEEDED WITHIN THE GUIDELINES OF THE ENDOWMENTS. OVER THE LONG-TERM, THE ORGANIZATION EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENTS TO GROW. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: JAFCO CHILDREN'S FOUNDATION, INC. IS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS WITH JEWISH ADOPTION AND FOSTER CARE OPTIONS, INC., ET AL. THE CONSOLIDATED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING FOOTNOTE: THE AGENCY HAS BEEN RECOGNIZED BY THE IRS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX LAW. ACCORDINGLY, INCOME EARNED IN FURTHERANCE OF THE AGENCY'S TAX-EXEMPT PURPOSE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND, THEREFORE, THESE COMBINED FINANCIAL STATEMENTS INCLUDE NO PROVISION OR LIABILITY FOR INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN NPV OF PLEDGES -37,942. 1 JEWISH ADOPTION AND FOSTER CARE OPTIONS INC 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 200898587 501(C)(3) 1371526 GENERAL SUPPORT JEWISH ADOPTION AND FAMILY CARE OPTIONS INC 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 464021099 501(C)(3) 80000 GENERAL SUPPORT JAFCO CHILDREN'S ABILITY CENTER INC 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 454903635 501(C)(3) 350000 GENERAL SUPPORT 3 PART I, LINE 2: JAFCO CHILDREN'S FOUNDATION, INC.'S MISSION IS TO FUND ANY UNMET EXPENSES FOR JEWISH ADOPTION AND FOSTER CARE OPTIONS, INC., JAFCO CHILDREN'S ABILITY CENTER, INC. AND JEWISH ADOPTION AND FAMILY CARE OPTIONS, INC., RELATED TAX-EXEMPT ORGANIZATIONS. THE FOUNDATION RECEIVES MONTHLY BUDGETS TO ACTUAL REPORTS AS WELL AS PROGRAM SERVICES REPORTS FROM ALL 3 OF THESE ENTITIES AND MONITORS ANY GRANTS MADE CAREFULLY. 0 1 0 0 0 0 0 0 0 SARAH FRANCO CHIEF EXECUTIVE OFFICER 0 192938 0 0 0 0 0 26394 0 11371 0 230703 0 0 PART I, LINE 3 JAFCO CHILDREN'S FOUNDATION, INC.'S CEO IS EMPLOYED BY JEWISH ADOPTION AND FOSTER CARE OPTIONS, INC. ("JAFCO"), A RELATED 501(C)(3) ORGANIZATION. JAFCO REQUIRES APPROVAL BY THE BOARD TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR. PART I, LINE 4B JEWISH ADOPTION AND FOSTER CARE OPTIONS, INC. ("JAFCO"), A RELATED ORGANIZATION, OFFERS A NONQUALIFIED EXECUTIVE RETIREMENT BENEFIT THROUGH A 457(F) AGREEMENT. DURING 2020, THERE WERE NO CONTRIBUTIONS INTO THE PLAN ON BEHALF OF THE CEO OR COO. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST AVOID PLACING THEMSELVES IN A POSITION OF CONFLICT OF INTEREST, OR EVEN GIVING THE APPEARANCE OF A CONFLICT OF INTEREST. - IN THE EVENT OF A PRE-EXISTING CONTRACTUAL RELATIONSHIP WHEN A NEW BOARD MEMBER IS ELECTED, FULL DISCLOSURE OF THE RELATIONSHIP MUST BE PROVIDED TO THE BOARD PRIOR TO VOTING ON THE ADMITTANCE OF THE NEW MEMBER. FURTHERMORE, ANY FUTURE CONTRACTS MUST BE REVIEWED AND APPROVED BY A MAJORITY VOTE OF THE BOARD WHO ARE PRESENT AT A DULY CALLED MEETING. - WHEN A BOARD MEMBER IS PARTICIPATING IN THE CHILD WELFARE SYSTEM, THERE ARE GUIDELINES SET IN PLACE TO AVOID A CONFLICT OF INTEREST SUCH AS AGREEING TO ACCEPT AND SUPPORT THE CASE MANAGEMENT/CLINICAL DIRECTION, REMOVING HIM/HERSELF FROM THE COMMUNITY SIDE OF THE CASE, OR REMOVING HIM/HERSELF FROM THE ORGANIZATION'S SIDE OF THE CASE BY STEPPING DOWN AS A BOARD MEMBER. - NEW BOARD MEMBERS ELECTED AFTER THE 2017 ANNUAL MEETING, WHO HAVE NOT PREVIOUSLY SERVED AS A BOARD MEMBER, MUST NOT BE RELATED AS A SPOUSE, PARENT, GRANDPARENT, CHILD OR GRANDCHILD OF ANY OTHER JAFCO BOARD MEMBER OR OF ANY STAFF EMPLOYEE OF JAFCO. THE EXECUTIVE COMMITTEE WILL REVIEW ANY UNRESOLVED CONFLICT OF INTEREST ISSUES AND WILL PRESENT A RESOLUTION TO THE PROBLEM. IF THE MATTER CANNOT BE RESOLVED BETWEEN THE EXECUTIVE COMMITTEE AND THE BOARD MEMBER, IT WILL BE BROUGHT TO THE BOARD OF TRUSTEES FOR RESOLUTION. THE BOARD OF TRUSTEES WILL COOPERATE WITH, CONSULT, AND ASSIST THE JAFCO CHILDREN'S FOUNDATION, INC. IN ESTABLISHING AND ENFORCING REASONABLE GUIDELINES, RULES AND POLICIES GOVERNING ALL JAFCO CHAPTERS, AFFILIATES AND ENTITIES AUTHORIZED BY JAFCO TO USE THE NAME "JAFCO OR TO HOLD THEMSELVES OUT AS BEING ASSOCIATED WITH JAFCO. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES OF JEWISH ADOPTION AND FOSTER CARE OPTIONS, INC., A RELATED TAX-EXEMPT ORGANIZATION, DETERMINES THE COMPENSATION OF THE TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 THE FILING ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN NPV OF PLEDGES -37,942. FORM 990, PART XII, LINE 2C THE FILING ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. JEWISH ADOPTION AND FOSTER CARE OPTIONS INC 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 200898587 FOSTER CARE AND ADOPTION SERVICES FL 501(C)(3) LINE 10 0 JAFCO CHILDREN'S ABILITY CENTER INC 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 454903635 FAMILY SUPPORT SERVICES FL 501(C)(3) LINE 10 JAFCO CHILDREN'S FOUNDATION INC 1 JEWISH ADOPTION AND FAMILY CARE OPTIONS INC 4200 N UNIVERSITY DRIVE SUNRISE FL 33351 464021099 FAMILY CARE AND ADOPTION SERVICES FL 501(C)(3) LINE 10 JAFCO CHILDREN'S FOUNDATION INC 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 JEWISH ADOPTION AND FAMILY CARE OPTIONS INC B 80000 COST JAFCO CHILDREN'S ABILITY CENTER INC B 350000 COST