2019-11-15T08:42:49-06:00 2018-12-31 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2018-01-01 132563745 JERUSALEM FOUNDATION INC % SAL VIRGADAULA JERU 2126974188 420 LEXINGTON AVENUE Suite 1645 NEW YORK NY 10170 JOSEPH NADIS EXECUTIVE DIRECTOR 2126974188 2019-11-14 true Paul Hammerschmidt P01384178 2128858000 64.238.131.34 26308920193195000021 2019-11-15 P 7A09D87DFB4197FECD83FF23FA2E591689F028E1 0250A0117BBBF50B142145F0ADF59CAFA50564D7 2018 2020-04-17 16:48:07Z JOSEPH NADIS 420 LEXINGTON AVE ste 1645 NEW YORK NY 10170 26530895 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 4 21 0 23717720 7720516 0 0 2178868 3293343 435793 19856 26332381 11033715 12937513 11839249 0 0 874215 522006 120425 134970 485609 634855 519764 14567008 13015989 11765373 -1982274 51014104 44887068 116625 144290 50897479 44742778 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 11839249 11839249 0 JERUSALEM FOUNDATION, INC. MAKES GRANTS FOR PROJECTS IN JERUSALEM SUCH AS PARKS, LIBRARIES, COMMUNITY CENTERS, AND ARCHAEOLOGICAL, HEALTH, SOCIAL AND CULTURAL ACTIVITIES. 11839249 true true false false false false false true false true true true false true true 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 6 0 true 4 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 ALAN G HASSENFELD CHAIRMAN 2.0 0.0 X X 0 0 0 KENNETH J BIALKIN ESQ VICE CHAIRMAN 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 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 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 0.0 1.0 X 0 0 0 Joseph Nadis Executive Director 35.0 0.0 X 275000 0 16500 275000 0 16500 1 false true false KIWI PARTNERS INC 237 West 35th Street Suite 1101 NEW YORK NY 10001 ACCOUNTING 180768 1 7720516 958869 7720516 0 149211 149211 0 14823 14823 0 0 0 18641312 15497180 3144132 3144132 3144132 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 5033 5033 5033 11033715 3313199 0 0 11839249 11839249 0 291500 163294 128206 0 170888 95729 75159 25795 14450 11345 5961 3339 2622 27862 15608 12254 0 0 231768 231768 0 134970 134970 0 26805 8771 18034 0 39602 26424 13178 13835 11801 2034 0 146391 82006 64385 36452 20420 16032 0 2608 1385 1223 0 0 4452 4452 6300 6300 FILING FEES AND TAXES 8187 4349 3838 DIRECT MAIL 1415 1415 MISCELLANEOUS 1949 1035 914 13015989 11839249 691131 485609 321671 154137 6070056 7656003 20523742 16422985 17739 6178 0 0 0 0 0 0 0 0 24644 27369 195043 191847 5050 3196 1711494 834884 19115227 2337599 0 0 0 0 3224481 17444717 51014104 44887068 116625 141908 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2382 116625 144290 X 6247830 6488124 29022419 22627424 15627230 15627230 50897479 44742778 51014104 44887068 -1982274 -4172427 X false true X true false X 9652286 8659309 15779561 23717720 7720516 65529392 0 0 9652286 8659309 15779561 23717720 7720516 65529392 14290091 51239301 80511 389625 23068 489337 164034 1146575 0 22783 19519 7341 23880 5033 78556 66754523 0.76758 0.72673 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1415646 X false 24125907 -918026 1235431 140780 21831670 23903762 1442526 1098346 122038 24125904 24485720 856142 1294284 143816 23903762 27286864 -1489117 1180896 131131 24485720 25905675 2719573 1206984 131400 27286864 0.00000 0.71580 0.28420 false false 8588 8588 0 105206 101830 3196 81429 81429 0 3196 OTHER INVESTMENT COMPANIES 2337599 F 2337599 CONTRIBUTED WORKS OF ART 1415646 SECURITY DEPOSITS 11626 & OTHER INVESTMENT COMPANIES 16017445 17444717 0 DUE TO JERUSALEM FDN ISRAEL 2382 2382 X 6884381 -4172427 69492 -4102935 10987316 46399 46399 11033715 13039082 69492 69492 12969590 46399 46399 13015989 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 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, 2018, 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, 2018, 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....$44,984. DIRECT MAIL EXPENSES...................1,415. TOTAL................................$46,399. true Middle East and North Africa Grantmaking 11839249 Central America and the Caribbean Investments 2337599 14176848 14176848 Middle East and North Africa CHARITABLE 11839249 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 46775 44984 1791 Perry Davis Associates inc 25 W 45th Street Ste 1405 New York NY 10036 CONSULtant false 91823 89986 1837 138598 134970 3628 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 275000 0 0 0 0 0 0 0 16500 0 291500 0 0 0 X 3 958869 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 by 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 DIRECTOR AND KEY EMPLOYEES 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.