2020-12-22T10:02:51-06:00 2019-12-31 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2019-01-01 132563745 JERUSALEM FOUNDATION INC % SAL VIRGADAULA JERU 2126974188 420 LEXINGTON AVENUE Suite 1645 NEW YORK NY 10170 JOSEPH NADIS EXECUTIVE DIRECTOR 2126974188 2020-12-22 true Paul Hammerschmidt P01384178 2128858000 2019 2022-09-23 18:48:47Z JOSEPH NADIS 420 LEXINGTON AVE ste 1645 NEW YORK NY 10170 11349155 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. 21 21 5 23 0 0 7720516 7758648 0 0 3293343 1682227 19856 39129 11033715 9480004 11839249 12392205 0 0 522006 916905 134970 88426 786460 519764 628475 13015989 14026011 -1982274 -4546007 44887068 41116531 144290 143680 44742778 40972851 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 12392205 12392205 0 JERUSALEM FOUNDATION, INC. MAKES GRANTS FOR PROJECTS IN JERUSALEM SUCH AS PARKS, LIBRARIES, COMMUNITY CENTERS, AND ARCHAEOLOGICAL, HEALTH, SOCIAL AND CULTURAL ACTIVITIES. 12392205 true true false false false false false true false true true false false false false true true false false false true true false true false false false false false true false false false false false false false false true false false false false false false false false true 9 0 true 5 true false false false false false false false false false false false false X 21 21 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 425000 0 16800 Joseph Nadis Executive Director 35.0 0.0 X 283250 0 16800 ALAN G HASSENFELD CHAIRMAN 2.0 0.0 X X 0 0 0 KENNETH J BIALKIN ES VICE CHAIRMAN (thru 8/19) 1.0 0.0 X X 0 0 0 STEPHEN R REINER SECRETARY/TREASURER 2.0 0.0 X 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 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 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 OLSO 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 STEVEN SCHEINFELD ESQ GENERAL COUNSEL 2.0 0.0 X 0 0 0 JOHN SHAPIRO DIRECTOR 1.0 0.0 X 0 0 0 HERBERT S WANDER ESQ DIRECTOR 1.0 0.0 X 0 0 0 LEONARD A WILF DIRECTOR (thru 12/19) 1.0 0.0 X 0 0 0 Rabbit Joy Levitt Director 1.0 0.0 X 0 0 0 Susan Block Casdin Director 1.0 0.0 X 0 0 0 708250 0 33600 2 false true false KIWI PARTNERS INC 237 West 35th Street Suite 1101 NEW YORK NY 10001 ACCOUNTING 186192 1 0 7758648 1238065 7758648 0 1092506 1092506 0 38804 38804 0 0 0 2458872 1869151 589721 589721 589721 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 325 325 325 9480004 0 0 1721356 0 0 12392205 12392205 0 741850 323302 418548 0 126785 55254 71531 9302 4054 5248 0 38968 16982 21986 0 6910 6910 238041 238041 0 88426 88426 24765 24765 8377 6475 1902 0 41058 24002 17056 16709 13838 2871 0 152651 66526 86125 114237 49785 64452 0 3296 1376 1920 0 0 3306 0 3306 0 6832 6832 FILING FEES AND TAXES 4715 1968 2747 DIRECT MAIL 1415 1415 MISCELLANEOUS 6163 3930 2233 14026011 12392205 847346 786460 X 154137 221955 7656003 2739721 16422985 12859102 6178 20502 0 0 0 0 0 0 0 0 27369 23236 200635 195153 3196 5482 834884 23716644 2337599 55823 0 0 0 0 17444717 1474066 44887068 41116531 141908 143680 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2382 0 144290 143680 X 17606133 16728321 27136645 24244530 44742778 40972851 44887068 41116531 -4546007 776080 X false true X true false X 8659309 15779561 23717720 7720516 7758648 63635754 0 0 8659309 15779561 23717720 7720516 7758648 63635754 16118868 47516886 389625 23068 489337 164034 1131310 2197374 0 19519 7341 23880 5033 325 56098 65889226 0.72116 0.76758 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1415646 X false 10713661 1119322 547554 11285429 24125907 -918026 1235431 140780 21831670 23903762 1442526 1098346 122038 24125904 24485720 856142 1294284 143816 23903762 27286864 -1489117 1180896 131131 24485720 0.48700 0.51300 false false 8588 8588 108290 105136 3154 83757 81429 2328 5482 0 0 X 10392530 776080 201832 977912 9414618 24765 40621 65386 9480004 14162457 201832 201832 13960625 24765 40621 65386 14026011 PART III, LINE 4: THE ANTIQUE MUSICAL EQUIPMENT IS ON LOAN TO THE JERUSALEM SYMPHONY ORCHESTRA. THE FILM AND VIDEO PRINTS ARE ON LOAN TO THE CINEMATHEQUE IN JERUSALEM. THE JUDAICA COLLECTION AND JEWELRY ARE ON LOAN TO THE ISRAEL MUSEUM AND NATURE PARK AND GALLERIES AT THE HEBREW UNIVERSITY OF JERUSALEM, RESPECTIVELY. PART V, LINE 1a, column (a): 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, 2019, 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, 2019, THE REPORTING ORGANIZATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. PART XI, LINE 4B AND PART XII, LINE 4B: Professional Fundraising Services....$39,206. DIRECT MAIL EXPENSES.................$1,415. TOTAL................................$40,621. true Middle East and North Africa 0 0 Grantmaking 12392205 Central America and the Caribbean 0 0 Investments 55823 0 0 0 0 12448028 12448028 Middle East and North Africa CHARITABLE 12392205 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 43340 39206 4134 Perry Davis Associates inc 25 W 45TH STREET STE 1405 NEW YORK NY 10036 CONSULtant false 56889 49220 7668 100229 88426 11802 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 16800 0 300050 0 0 0 James S Snyder Executive Chairman 425000 0 0 0 0 0 0 0 16800 0 441800 0 0 0 X 4 1238065 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. FORM 990, PART X, COLUMN A, LINES 27 AND 28: The December 31, 2018 net assets have 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.