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Houston Jewish Community Foundation

Houston Jewish Community Foundation

Houston, TX 77096
Tax ID76-0187329

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About this organization

Revenue

$31,629,448

Expenses

$15,841,758

Website

houstonjewishfoundation.com

Mission

The Houston Jewish Community Foundation is a donor-centered community foundation which seeks to perpetuate Jewish values and institutions through the acquisition, professional management, and distribution of charitable resources.

About

The Houston Jewish Community Foundation (the Foundation) was established in 1985 and has helped individuals and families alike achieve their philanthropic dreams by enabling them to ensure that the community's needs are met now, and for generations to come in lasting and meaningful ways. More than thirty years later, the Foundation manages over $165 million in assets and has matured into a true community foundation, administering funds donated by individuals and organizations for the benefit of the Greater Houston and national communities. The Foundation has a long-term approach to charitable giving which facilitates the charitable intentions of donors during and beyond their lifetimes. By working with professional advisors, the Foundation is able to develop innovative philanthropic strategies with optimal tax benefits that help donors create their own personal legacy.The Foundation is structured to advise on and receive gifts of cash, stock, bonds, life insurance, real estate, and other property, and facilitates the creation and administration of Donor Advised Funds, supporting organizations, and endowments. The funds are professionally managed to ensure that donors receive the greatest benefit from their charitable contributions and to ensure philanthropic dollars are used to the fullest extent. The Investment Committee of the Foundation monitors and evaluates the outside investment consulting firm.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The houston jewish community foundation is a donor-centered community foundation which seeks to perpetuate jewish values and institutions through the acquisition, professional management, and distribution of charitable resources.”.

When referring to its actions, they were outlined as: “The houston jewish community foundation is a donor-centered community foundation which seeks to perpetuate jewish values and institutions through the acquisition, professional management, and distribution of charitable resources.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as TX.
  • The non-profit's address in 2020 is noted in the filing as 5603 South Braeswood Blvd, Houston, TX, 77096.
  • The non-profit's form for 2020 reports a total of 6 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Has foreign activities.
  • Is a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $15,787,690.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 35 independent voting members.
  • The organization was formed in 1985.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $715,176 in salary, compensation, and benefits to its employees.
  • The organization pays $168,397 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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