2016-05-06T10:42:59-05:00 2015-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2014-07-01 050259003 JEWISH FEDERATION FOUNDATION OF GREATER RHODE ISLAND JEWI 4014214111 401 ELMGROVE AVENUE PROVIDENCE RI 02906 JEFFREY K SAVIT PRESIDENT/CEO 4014214111 2016-05-06 1 DEBORAH A HOPKINS P00167843 4012742001 2014 2016-08-17 19:52:53Z JEFFREY K SAVIT 401 ELMGROVE AVENUE PROVIDENCE RI 02906 13225306 0 X WWW.JEWISHALLIANCERI.ORG X 1945 RI TO PROMOTE GENERAL JEWISH WELFARE THROUGH THE SUPPORT OF JEWISH CHARITABLE, CULTURAL, AND RELIGIOUS ORGANIZATIONS AND TO ASSIST IN COMMUNAL ACTIVITIES. TO SUPPORT THE MISSION OF THE JEWISH ALLIANCE OF GREATER RHODE ISLAND. 21 21 0 100 -18091 -18091 9044556 568394 0 0 4007049 4685932 0 0 13051605 5254326 2717368 5507135 0 0 0 0 0 0 106295 553270 693503 3270638 6200638 9780967 -946312 60925534 56589244 7653898 8539556 53271636 48049688 X TO SUPPORT THE MISSION OF ITS SOLE CORPORATE MEMBER, JEWISH ALLIANCE OF GREATER RHODE ISLAND (A 501(C)(3) TAX EXEMPT ORGANIZATION), AND TO ENHANCE THE QUALITY OF JEWISH LIFE IN THE GREATER RHODE ISLAND COMMUNITY AND WORLDWIDE THROUGH EDUCATIONAL, CHARITABLE, SOCIAL SERVICE, CULTURAL, RELIGIOUS AND RECREATIONAL ENDEAVORS. 0 0 5817177 5507135 THE FOUNDATION PROMOTES GENERAL JEWISH WELFARE THROUGH THE SUPPORT OF JEWISH CHARITABLE, CULTURAL AND RELIGIOUS ORGANIZATIONS AND ASSISTS IN COMMUNAL ACTIVITIES. THE FOUNDATION SUPPORTS ITS SOLE CORPORATE MEMBER, JEWISH ALLIANCE OF GREATER RHODE ISLAND, ALONG WITH OTHER COMMUNITY ORGANIZATIONS. 5817177 1 1 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 CJ BD 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X JEFFREY K SAVIT 4014214111 401 ELMGROVE AVENUE PROVIDENCE RI 02906 JAY ROSENSTEIN CHAIR OF THE BOARD 1.50 0.50 X X 0 0 0 ROBERT SHERWIN VICE CHAIR OF THE BOARD 1.50 0.50 X X 0 0 0 STEVEN SHALANSKY TREASURER/SECRETARY 0.50 0.50 X X 0 0 0 MELVIN G ALPERIN DIRECTOR 0.50 0.50 X 0 0 0 MITZI BERKELHAMMER DIRECTOR (AS OF 6/15) 0.50 1.00 X 0 0 0 DIANE DUCOFF DIRECTOR (7/14-6/15) 0.50 X 0 0 0 H JACK FEIBELMAN DIRECTOR 0.50 X 0 0 0 MARK FEINSTEIN DIRECTOR 0.50 0.50 X 0 0 0 SUSAN FROEHLICH DIRECTOR 0.50 0.50 X 0 0 0 SHARON GAINES DIRECTOR 0.50 4.00 X 0 0 0 DAVID M HIRSCH DIRECTOR 0.50 X 0 0 0 MARILYN KAPLAN DIRECTOR 0.50 X 0 0 0 SCOTT LIBMAN DIRECTOR (AS OF 6/15) 0.50 0.50 X 0 0 0 RICHARD A LICHT DIRECTOR 0.50 0.50 X 0 0 0 MICHAEL NULMAN DIRECTOR (AS OF 6/15) 0.50 X 0 0 0 CLAIRE PERLMAN DIRECTOR (AS OF 6/15) 0.50 X 0 0 0 RALPH POSNER DIRECTOR 0.50 0.50 X 0 0 0 DAVID SHEER DIRECTOR 0.50 X 0 0 0 MATHEW SHUSTER DIRECTOR 0.50 X 0 0 0 HERBERT STERN DIRECTOR 0.50 X 0 0 0 CHERYL GREENFELD TEVEROW DIRECTOR 0.50 0.50 X 0 0 0 MINDY WACHTENHEIM DIRECTOR 0.50 X 0 0 0 JEFFREY K SAVIT PRESIDENT/CEO 8.00 32.00 X 0 225405 7137 MANUEL DAROSA CHIEF FINANCIAL OFFICER 32.00 8.00 X 0 105843 22305 MINNA ELLISON SENIOR VICE PRESIDENT 1.50 28.50 X 0 123907 10336 0 455155 39778 0 0 1 0 0 568394 344293 568394 968164 -18091 986255 11688748 7970980 3717768 3717768 3717768 5254326 0 -18091 4704023 5473894 5473894 33241 33241 192 192 25000 25000 205247 205247 2295 1368 308 619 19732 7893 11839 5012 2968 82 1962 75308 74310 582 416 16695 15779 506 410 SHARED PERSONNEL COSTS 337280 201104 45203 90973 SPECIAL EVENTS 5555 5555 PROFESSIONAL DEVELOPMEN 1187 1065 46 76 6200638 5817177 277166 106295 43442 162218 36594 28080 8382 1882 1300 1300 1300 35992281 31732763 24704934 24519721 138601 143280 60925534 56589244 41789 81956 6164503 6001595 1447606 2456005 7653898 8539556 X 34622935 31740122 3481982 2735382 15166719 13574184 53271636 48049688 60925534 56589244 X -946312 -4636355 360719 X 0 1 X 1 0 X X X 1 JEWISH ALLIANCE OF GREATER RHODE ISLAND 274127671 7 1 4307877 0 1 4307877 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 6: GRANTS WERE MADE TO OTHER SECTION 501(C)(3) ORGANIZATIONS WHICH CARRY OUT THE CHARITABLE PURPOSE OF THE JEWISH FEDERATION FOUNDATION OF GREATER RHODE ISLAND (FOUNDATION) IN ACCORDANCE WITH THE REQUIREMENTS OF SECTION 509(A)(3). SUCH GRANTS ARE IN FURTHERANCE OF THE FOUNDATION'S EXEMPT PURPOSE AND SUPPLEMENTS AS WELL AS ASSISTING IN PERFORMING THE FUNCTION OF THE FOUNDATION BY SUPPLEMENTING AND ENHANCING THE FOUNDATION'S GRANT MAKING PROGRAM. A LIST OF SUCH GRANTS IN EXCESS OF $5,000 IS INCLUDED IN SCHEDULE I. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 130 415764 1438594 17185763 1 1 0 1 X 33538483 468397 -122231 4287309 419300 29178040 11452984 19327219 4539783 1535225 246278 33538483 10368493 660543 1308532 381172 386793 116619 11452984 10747327 118600 151346 316991 223972 107817 10368493 9017089 811049 1845706 582958 224308 119251 10747327 0.48230 0.42630 0.09140 0 0 1300 1300 1300 FOREIGN BONDS 1850000 F LIMITED PARTNERSHIPS & LIMITED LIABILITY COMPANIES 22669721 F 24519721 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 737989 DUE TO JEWISH ALLIANCE OF GREATER RI 1718016 2456005 X PART IV, LINE 2B: THE ORGANIZATION HOLDS FUNDS AS AGENT FOR OTHER COMMUNAL ENTITIES AND FOLLOWS THE REQUIREMENTS OF FASB ASC 958, "TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT ORGANIZATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS". THIS STATEMENT ESTABLISHES STANDARDS FOR TRANSACTIONS IN WHICH A COMMUNITY FOUNDATION ACCEPTS A CONTRIBUTION FROM A DONOR AND AGREES TO TRANSFER THOSE ASSETS, THE RETURN ON INVESTMENT OF THOSE ASSETS OR BOTH TO ANOTHER ENTITY THAT IS SPECIFIED BY THE DONOR. THIS STATEMENT SPECIFICALLY REQUIRES THAT IF A NOT-FOR-PROFIT ORGANIZATION (NPO) ESTABLISHES A FUND AT A COMMUNITY FOUNDATION WITH ITS OWN FUNDS AND SPECIFIES ITSELF AS THE BENEFICIARY OF THAT FUND, THE COMMUNITY FOUNDATION MUST ACCOUNT FOR THE TRANSFER OF SUCH ASSETS AS A LIABILITY. THE ORGANIZATION REFERS TO SUCH FUNDS AS FUNDS HELD AS AGENT FOR OTHER COMMUNAL ENTITIES. THE ORGANIZATION MAINTAINS LEGAL OWNERSHIP OF THESE ENDOWMENT FUNDS AND AS SUCH CONTINUES TO REPORT THE FUNDS AS ASSETS OF THE ORGANIZATION. IN ACCORDANCE WITH FASB ASC 958, A LIABILITY HAS BEEN ESTABLISHED FOR THE FAIR VALUE OF THE FUNDS. PART V, LINE 4: THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE AS FOLLOWS: 1) PROFESSIONAL DEVELOPMENT OF JEWISH COMMUNAL PROFESSIONALS IN RHODE ISLAND. 2) SUPPORT OF THE JEWISH ALLIANCE OF GREATER RHODE ISLAND'S ANNUAL CAMPAIGN. 3) SUPPORT OF THE JEWISH COMMUNITY'S CULTURAL, ARTISTIC, AND EDUCATIONAL PROGRAMS. 4) SUBSIDIZE TRAVEL TO ISRAEL BY STUDENTS, TEENS AND YOUNG ADULTS. 5) PAYMENTS OF THE ORGANIZATION'S UNEMPLOYMENT CLAIMS. 6) SUPPORT OF THE URI HILLEL. 7) SUPPORT OF THE JEWISH ALLIANCE OF GREATER RHODE ISLAND'S CAPITAL CAMPAIGN. AND, 8) SUPPORT OPERATIONS OF THE JEWISH ALLIANCE OF GREATER RHODE ISLAND. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE FOUNDATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVELS. THE FOUNDATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX AND IRS FORM 990-T - EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2012, 2013, AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS. THE FOUNDATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 8681329 0 0 0 0 0 0 8681329 0 8681329 1 0 1 1 1 0 PART I, LINE 3, COLUMN F ARCHSTONE ABSOLUTE RETURN STRATEGIES FUND, LTD., A LIMITED LIABILITY COMPANY/HEDGE FUND UNDER THE PROVISIONS OF THE COMPANIES LAW OF THE CAYMAN ISLANDS. BOOK VALUE OF THIS INVESTMENT AS OF JUNE 30, 2015, IS $3,985,310. NO TRANSFERS TO THE FUND WERE MADE DURING THE TAX YEAR. BARLOW PARTNERS OFFSHORE LIMITED, A PROFESSIONAL FUND WITHIN THE MEANING OF THE BRITISH VIRGIN ISLANDS SECURITIES AND INVESTMENT BUSINESS ACT, 2010, AS AMENDED. BOOK VALUE OF THIS INVESTMENT AS OF JUNE 30, 2015, IS $406,716. NO TRANSFERS TO THE FUND WERE MADE DURING THE TAX YEAR. ARCHIPELAGO HOLDING, LTD., INCORPORATED IN BERMUDA ON APRIL 26, 2001 AS AN OPEN-ENDED INVESTMENT COMPANY WITH LIMITED LIABILITY AND AS SUCH CAN ISSUE AND REDEEM ITS PARTICIPATING SHARES AT PRICES BASED UPON THEIR NET ASSET VALUE. BOOK VALUE OF THIS INVESTMENT AS OF JUNE 30, 2015, IS $4,289,303. 1 AMERICAN JEWISH WORLD SERVICE 45 WEST 36TH STREET 11TH FLOOR NEW YORK NY 10018 222584370 501(C)(3) 5100 GENERAL OPERATIONS AMOS HOUSE 415 FRIENDSHIP STREET PROVIDENCE RI 02907 050387218 501(C)(3) 25500 GENERAL OPERATIONS BROWN HILLEL FOUNDATION 80 BROWN STREET PROVIDENCE RI 02906 050258809 501(C)(3) 16465 GENERAL OPERATIONS BUTLER HOSPITAL 145 BLACKSTONE BOULEVARD PROVIDENCE RI 02906 050258812 501(C)(3) 5500 GENERAL OPERATIONS CAMP JORI 1065 WORDENS POND ROAD WAKEFIELD RI 02880 050268612 501(C)(3) 5399 GENERAL OPERATIONS CENTRAL FUND OF ISRAEL 980 SIXTH AVENUE NEW YORK NY 10018 132992985 501(C)(3) 37000 GENERAL OPERATIONS CHABAD LUBAVITHCH OF GREENWICH 75 MASON STREET GREENWICH CT 06830 223616874 501(C)(3) 26200 GENERAL OPERATIONS CITY YEAR 77 EDDY STREET 2ND FLOOR PROVIDENCE RI 02903 222882549 501(C)(3) 10000 GENERAL OPERATIONS CONGREGATION AGUDAS ACHIM 901 NORTH MAIN STREET ATTLEBORO MA 02703 422675103 501(C)(3) 11272 AGENCY ENDOWMENT WITHDRAWALS CONGREGATION BETH SHOLOM 275 CAMP STREET PROVIDENCE RI 02906 050271585 501(C)(3) 36668 GENERAL OPERATIONS GOLDEN GATES OF AMERICA 2824 N POWER ROAD 113-114 MESA AZ 85215 611513537 501(C)(3) 89044 GENERAL OPERATIONS GORDON SCHOOL 45 MAXFIED AVENUE EAST PROVIDENCE RI 02914 050258876 501(C)(3) 10000 GENERAL OPERATIONS HADASSAH THE WOMEN'S ZIONIST ORGANIZATION OF AMERICA INC 50 WEST 58TH ST NEW YORK NY 10101 131656651 501(C)(3) 11995 GENERAL OPERATIONS HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE AT URI 6 FRATERNITY CIRCLE KINGSTON RI 02881 056019148 501(C)(3) 14368 GENERAL OPERATIONS HOLOCAUST EDUCATION & RESOURCE CENTER OF RHODE ISLAND 401 ELMGROVE AVENUE PROVIDENCE RI 02906 050483511 501(C)(3) 29500 AGENCY ENDOWMENT WITHDRAWALS HOLOCAUST EDUCATION & RESOURCE CENTER OF RHODE ISLAND 401 ELMGROVE AVENUE PROVIDENCE RI 02906 050483511 501(C)(3) 15550 GENERAL OPERATIONS JEWISH ALLIANCE OF GREATER RHODE ISLAND 401 ELMGROVE AVENUE PROVIDENCE RI 02906 274127671 501(C)(3) 2221427 GENERAL OPERATIONS JEWISH ALLIANCE OF GREATER RHODE ISLAND 401 ELMGROVE AVENUE PROVIDENCE RI 02906 274127671 501(C)(3) 172450 DEBT SERVICE SUBSIDY JEWISH ALLIANCE OF GREATER RHODE ISLAND 401 ELMGROVE AVENUE PROVIDENCE RI 02906 274127671 501(C)(3) 1914000 CAPITAL IMPROVEMENTS JEWISH COMMUNAL FUND 575 MADISON AVENUE SUITE 703 NEW YORK NY 10021 237174183 501(C)(3) 75000 GENERAL OPERATIONS JEWISH DAY SCHOOL OF PROVIDENCE 85 TAFT AVENUE PROVIDENCE RI 02906 453007322 501(C)(3) 60019 GENERAL OPERATIONS JEWISH DAY SCHOOL OF PROVIDENCE 85 TAFT AVENUE PROVIDENCE RI 02906 453007322 501(C)(3) 54516 AGENCY ENDOWMENT WITHDRAWALS JEWISH FAMILY SERVICE 959 NORTH MAIN STREET PROVIDENCE RI 02904 050258888 501(C)(3) 6716 GENERAL OPERATIONS JEWISH FEDERATION OF GREATER HOUSTON 5603 S BRAESWOOD BOULEVARD HOUSTON TX 77096 741109654 501(C)(3) 5800 GENERAL OPERATIONS JEWISH FEDERATION OF PALM BEACH COUNTY INC 4601 COMMUNITY DRIVE WEST PALM BEACH FL 33417 590948696 501(C)(3) 11500 GENERAL OPERATIONS JEWISH FEDERATIONS OF NORTH AMERICA 25 BROADWAY SUITE 1700 NEW YORK NY 10004 131624240 501(C)(3) 11000 GENERAL OPERATIONS JEWISH SENIORS AGENCY 100 NIANTIC AVENUE PROVIDENCE RI 02907 050258889 501(C)(3) 76342 GENERAL OPERATIONS JEWISH THEOLOGICAL SEMINARY OF AMERICA 3080 BROADWAY NEW YORK NY 10027 130887640 501(C)(3) 5100 GENERAL OPERATIONS JEWISHCOLORADO 300 S DAHLIA STREET SUITE 300 DENVER CO 80246 010831698 501(C)(3) 10000 GENERAL OPERATIONS LIFECYCLE INC 7 KRISTEN DRIVE NORTH PROVIDENCE RI 02911 263798606 501(C)(3) 10000 GENERAL OPERATIONS MAKE-A-WISH FOUNDATION 20 HEMINGWAY DRIVE EAST PROVIDENCE RI 02915 222867371 501(C)(3) 5500 GENERAL OPERATIONS MIRIAM HOSPITAL FOUNDATION BOX H ANNEX STATION PROVIDENCE RI 02901 050377502 501(C)(3) 9791 GENERAL OPERATIONS NATIONAL COUNCIL OF JEWISH WOMEN INC 197 SLATER AVENUE PROVIDENCE RI 02906 056014323 501(C)(3) 7400 AGENCY ENDOWMENT WITHDRAWALS PEF ISRAEL ENDOWMENT FUND INC 317 MADISON AVENUE NEW YORK NY 10017 136104086 501(C)(3) 37080 GENERAL OPERATIONS PROVIDENCE HEBREW DAY SCHOOL 450 ELMGROVE AVENUE PROVIDENCE RI 02906 050271953 501(C)(3) 25000 AGENCY ENDOWMENT WITHDRAWALS RHODE ISLAND COMMUNITY FOUNDATION ONE UNION STATION PROVIDENCE RI 02903 222604963 501(C)(3) 85500 GENERAL OPERATIONS RHODE ISLAND JEWISH HISTORICAL ASSOCIATON 130 SESSIONS STREET PROVIDENCE RI 02906 056015436 501(C)(3) 30000 AGENCY ENDOWMENT WITHDRAWALS TEMPLE BETH-EL 70 ORCHARD AVENUE PROVIDENCE RI 02906 050264805 501(C)(3) 13735 GENERAL OPERATIONS TEMPLE EMANU-EL 99 TAFT AVENUE PROVIDENCE RI 02906 050259273 501(C)(3) 27550 GENERAL OPERATIONS THE FLAME 62 ROSE HILL AVENUE NEW ROCHELLE NY 10804 366507144 501(C)(3) 5000 GENERAL OPERATIONS TRUSTEES OF BOSTON UNIVERSITY 595 COMMONWEALTH AVENUE STE 700 BOSTON MA 02215 042103547 501(C)(3) 5100 GENERAL OPERATIONS TRUSTEES OF DARTMOUTH COLLEGE TUCK SCHOOL OF BUSINESS 100 TUCK HALL HANOVER NH 03755 020222111 501(C)(3) 14100 GENERAL OPERATIONS TRUSTEES OF PHILLIPS ACADEMY 180 MAIN STREET ANDOVER MA 01810 042103579 501(C)(3) 25000 GENERAL OPERATIONS 39 0 SCHOLARSHIPS 39 33241 PART I, LINE 2: THERE ARE 4 TYPES OF GRANTS THAT WE MAKE. THE FOLLOWING DESCRIBES OUR PROCEDURES IN MONITORING THE USE OF THE DIFFERENT GRANT FUNDS DISBURSED: GRANTS FROM OUR UNRESTRICTED ENDOWMENT INCOME: THESE GRANTS ARE PAID ON A REIMBURSEMENT BASIS. ONCE THE RECIPIENT NONPROFIT ORGANIZATION EXPENDS ITS FUNDS FOR THE ITEMS APPROVED IN THEIR GRANT APPLICATION, THEY SUBMIT REIMBURSEMENT REQUESTS WITH SUPPORTING DOCUMENTATION. AFTER REVIEWING THE DOCUMENTATION AND REVIEWING OUTCOMES OF THE GRANTS, REIMBURSEMENT IS MADE TO THE RECIPIENT NONPROFIT ORGANIZATION. GRANTS FROM DONOR ADVISED FUNDS: AFTER VERIFYING THAT DONOR RECOMMENDATIONS ARE TO RECOGNIZED US NONPROFIT ORGANIZATIONS, WE ISSUE CHECKS TO THE INDICATED NONPROFIT ORGANIZATION. IN OUR CHECK TRANSMITTAL WE INDICATE THAT BY ACCEPTING THE CHECK, THE NONPROFIT ENTITY IS CERTIFYING THAT (I) NO TANGIBLE BENEFIT, GOODS, OR SERVICES ARE BEING RECEIVED BY ANY INDIVIDUAL OR ENTITY CONNECTED WITH THE DONOR ADVISED GRANT AND (II) THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF ANY PLEDGE OR OTHER PERSONAL FINANCIAL OBLIGATION. GRANTS FOR SCHOLARSHIPS: SCHOLARSHIPS ARE AWARDED BY VARIOUS SELECTION COMMITTEES. A NUMBER OF SCHOLARSHIPS ARE AWARDED BY A SELECTION COMMITTEE OF THE JEWISH ALLIANCE OF GREATER RHODE ISLAND. ALL SCHOLARSHIPS ARE AWARDED ON AN OBJECTIVE NONDISCRIMINATORY BASIS BASED ON PRE-ESTABLISHED CRITERIA. THE SCHOLARSHIPS ARE MONITORED TO ENSURE THAT THEY ARE USED FOR THE INTENDED PURPOSE. GRANTS FROM RESTRICTED ENDOWMENT FUNDS: GRANTS FROM RESTRICTED ENDOWMENT FUNDS ARE MADE IN ACCORDANCE WITH THE UNDERLYING FUND AGREEMENTS AND OUR ORGANIZATION'S SPENDING POLICY FOR RESTRICTED FUNDS. AFTER THE AMOUNT TO BE GRANTED FROM EACH RESTRICTED ENDOWMENT FUND IS COMPUTED, WE VERIFY THAT THE NONPROFIT ORGANIZATION NAMED IN THE UNDERLYING FUND AGREEMENT IS STILL IN EXISTENCE AND, IF APPLICABLE, THAT THIS ORGANIZATION IS STILL OPERATING THE PROGRAM SPECIFIED IN THE UNDERLYING FUND AGREEMENT. ONCE THESE ITEMS ARE ASCERTAINED TO OUR SATISFACTION, A DISBURSEMENT IS MADE TO THE NONPROFIT ORGANIZATION. THE JEWISH FEDERATION FOUNDATION OF GREATER RHODE ISLAND REPORTS GRANTS ON SCHEDULE I TO THE FOLLOWING 501(C)(3) DOMESTIC US CHARITIES: CENTRAL FUND OF ISRAEL, JEWISH COMMUNAL FUND, THE JEWISH FEDERATIONS OF NORTH AMERICA (JFNA) AND P.E.F. ISRAEL ENDOWMENT FUND, INC. IN ADDITION, THE CENTRAL FUND OF ISRAEL, JEWISH COMMUNAL FUND, JFNA (AND ITS BENEFICIARY AGENCIES, UNITED ISRAEL APPEAL (UIA), AND THE AMERICAN JOINT DISTRIBUTION COMMITTEE (JDC)) AND P.E.F. ISRAEL ENDOWMENT FUND, INC. ARE ALL 501(C)(3) ORGANIZATIONS AND EACH FILE A SEPARATE FORM 990 AND DETAILED SCHEDULES F. 0 0 0 0 0 0 0 0 0 JEFFREY K SAVIT PRESIDENT/CEO 0 225405 0 0 0 0 0 6462 0 675 0 232542 0 0 PART I, LINE 3 THE INDIVIDUALS LISTED ON SCHEDULE J ARE COMPENSATED BY A RELATED ORGANIZATION, THE JEWISH ALLIANCE OF GREATER RHODE ISLAND, A 501(C)(3) CORPORATION AND THE SOLE CORPORATE MEMBER OF THE FOUNDATION. THE JEWISH ALLIANCE OF GREATER RHODE ISLAND USES ALL OF THE METHODS LISTED IN PART I, LINE 3 TO ESTABLISH THE COMPENSATION OF ITS PRESIDENT/CEO. X 11 344293 AVG. HIGH / LOW PRICE 0 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES INDEPENDENT BROKERAGE FIRMS TO SELL THE PUBLICLY TRADED SECURITIES THAT IT RECEIVES. FORM 990, PART VI, SECTION A, LINE 2 MELVIN G. ALPERIN (DIRECTOR) AND DAVID M. HIRSCH (DIRECTOR) ARE BROTHERS-IN-LAW. FORM 990, PART VI, SECTION A, LINE 6 AS OF JANUARY 1, 2011, THE JEWISH ALLIANCE OF GREATER RHODE ISLAND IS THE SOLE CORPORATE MEMBER OF THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE JEWISH ALLIANCE OF GREATER RHODE ISLAND ELECTS THE MEMBERS OF THIS ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ALL THE DECISIONS OF THE GOVERNING BOARD OF THIS ORGANIZATION ARE SUBJECT TO APPROVAL BY THE JEWISH ALLIANCE OF GREATER RHODE ISLAND. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS OF THE JEWISH ALLIANCE OF GREATER RHODE ISLAND (THE SOLE CORPORATE MEMBER OF THIS ORGANIZATION) APPOINTED ITS FINANCE COMMITTEE TO THOROUGHLY REVIEW THIS ORGANIZATION'S FORM 990. A COPY OF THE FINAL VERSION OF FORM 990 WAS PROVIDED TO EVERY BOARD MEMBER BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, OFFICERS AND DIRECTORS ARE REQUIRED TO REVIEW THE WRITTEN CONFLICT OF INTEREST POLICY AND PROVIDE THE ORGANIZATION WITH A SIGNED STATEMENT DISCLOSING ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OR DISCLOSING THAT THEY HAVE NO INTERESTS THAT WOULD GIVE RISE TO CONFLICTS. THE ORGANIZATION RETAINS THE SIGNED STATEMENTS AND THE SECRETARY MONITORS COMPLIANCE WITH THIS POLICY. CONFLICTS ARE PERIODICALLY REPORTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE - 401 ELMGROVE AVENUE, PROVIDENCE, RI 02906. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 197,811. FASB 136 REVERSALS - NET INVESTMENT RETURN 4,345. FASB 136 REVERSAL - GIFTS -67,575. FASB 136 REVERSAL - GRANTS MADE 157,287. FASB 136 REVERSAL - MISCELLANEOUS INCOME 68,851. JEWISH ALLIANCE OF GREATER RHODE ISLAND 401 ELMGROVE AVE PROVIDENCE RI 02906 274127671 TO ENHANCE THE QUALITY OF JEWISH LIFE IN THE GREATER RI COMMUNITY RI 501(C)(3) LINE 7 0 ALLIANCE REALTY INC 401 ELMGROVE AVE PROVIDENCE RI 02906 454292097 TITLE HOLDING COMPANY RI 501(C)(2) 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 JEWISH ALLIANCE OF GREATER RHODE ISLAND B 4307877 COST JEWISH ALLIANCE OF GREATER RHODE ISLAND E 1718016 COST JEWISH ALLIANCE OF GREATER RHODE ISLAND O 337280 COST JEWISH ALLIANCE OF GREATER RHODE ISLAND P 221388 COST ALLIANCE REALTY INC D 2195833 YEAR-END VALUE