2021-11-15T12:15:47-06:00 2020-12-31 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2020-01-01 132563745 JERUSALEM FOUNDATION INC % SAL VIRGADAULA JERU 2126974188 420 LEXINGTON AVENUE STE 1645 NEW YORK NY 10170 JOSEPH NADIS EXECUTIVE DIRECTOR 2126974188 2021-11-15 true JOSEPH NADIS 999009999 Paul Hammerschmidt P01384178 2128858000 2 2020 2022-09-23 18:48:47Z JOSEPH NADIS 420 LEXINGTON AVE ste 1645 NEW YORK NY 10170 13693188 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. 22 21 5 21 0 0 7758648 7858257 0 0 1682227 860621 39129 427538 9480004 9146416 12392205 8948560 0 0 916905 1400452 88426 10561 969464 628475 574923 14026011 10934496 -4546007 -1788080 41116531 41492747 143680 278480 40972851 41214267 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 8948560 8948560 0 JERUSALEM FOUNDATION, INC. 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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, 2020, 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, 2020, THE REPORTING ORGANIZATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. PART XI, LINE 4B AND PART XII, LINE 4B: DIRECT MAIL EXPENSES......$10,561 true Middle East and North Africa Grantmaking 8948560 Central America and the Caribbean Investments 2452 8951012 8951012 Middle East and North Africa CHARITABLE 8948560 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, NY. GRANT FUNDS PROVIDED ARE ALSO MONITORED AGAINST PROGRAM BUDGETS AND SIGNIFICANT VARIANCES ARE EXPLAINED. X X X X X true ADS ADVERTISING MAILING SERVICES 105 Ann Street Newburgh NY 12550 DIRECT MAIL false 31035 10561 20474 31035 10561 20474 AL AK AZ AR CA CO CT DC FL GA IL KS KY LA ME MD MA MI MN MS MO MT NH NJ NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 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 786250 0 0 0 0 0 0 0 17100 0 803350 0 0 0 X 2 439840 selling price false false false Part I, Column B: THE DATA HERE REPRESENTS 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 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.