Jewish Communal Fund
TO FACILITATE AND PROMOTE PHILANTHROPY THROUGH DONOR ADVISED FUNDS.
IRS Tax Year 2023
Period ending June 30, 2024
Total Revenue
$1.1B
Total Expenses
$1.0B
Net Assets
$2.9B
Employees
23
Grants Paid
$1.0B
Program Expense Ratio
98.3%
Fundraising Efficiency
44737.1%
This nonprofit profile presents IRS Form 990 tax filing data for Jewish Communal Fund (EIN: 23-7174183), based on the 2023 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Jewish Communal Fund is a 501(c)(3) nonprofit headquartered in NEW YORK, NY, founded in 1972. The organization has held tax-exempt status since 1972. In its 2023 filing, the organization reported $1.1B in total revenue, a 9.3% increase from the prior year, and $1.0B in total expenses. The organization employed 23 people. RACHEL SCHNOLL, EXECUTIVE VP AND CEO, is the highest-compensated individual at $713,224. The organization runs 1 program, totaling $1.0B in program expenses. 6 of 6 recommended governance policies are in place.
Jewish Communal Fund is classified under NTEE code T700. Its foundation type is 15.
Programs(Tax Year 2023)
1 record
Jewish Communal Fund operates 1 program, with total program expenses of $1.0B. Jewish Communal Fund's largest program accounts for 100% of total program spending.
JCF'S PRIMARY RESPONSIBILITY IS TO SERVE DONORS WHO HAVE ENTRUSTED IT WITH THEIR CHARITABLE DOLLARS. JCF TAKES THIS RESPONSIBILITY VERY SERIOUSLY AND IS COMMITTED TO TREATING ITS DONORS WITH THE UTMOST INTEGRITY AND RESPECT. JCF HANDLES ALL THE ADMINISTRATIVE RESPONSIBILITIES FOR EACH DONOR-ADVISED FUND AND PROVIDES DONORS WITH REGULAR REPORTS ON CONTRIBUTIONS, GRANTS, INVESTMENT INCOME, FUND BALANCE AND ALL OTHER ACTIVITY RELATED TO THE FUND. SEE SCHEDULE O FOR CONTINUATION.
Financial Overview(Tax Years 2019–2023)
5 records
Over the past 5 years, Jewish Communal Fund's revenue has grown from $585.3M to $1.1B, a 94.0% increase. Program expenses represent 98% of total spending.
Revenue increased 9.3% year-over-year, while expenses grew 13.1%. net assets rose to $2.9B, up 5.7% from the prior year. the organization added 1 employees.
Jewish Communal Fund derives 77% from contributions and grants, with 23% from investment income.
Revenue is primarily driven by contributions and grants (77%), with investment income at 23%.
Jewish Communal Fund allocates 98% to programs, 2% to management and general, 0% to fundraising.
Revenue grew by 9.3% and expenses grew by 13.1% year over year.
Jewish Communal Fund distributed $1.0B in grants to other organizations and individuals, representing 98% of total expenses.
Over 5 filings from 2019–2023, Jewish Communal Fund grew revenue from $585.3M to $1.1B (+94.0%) while maintaining a program expense ratio of 98%. During this period, the organization grew from 19 to 23 employees.
Jewish Communal Fund holds $3.0B in total assets against $55.2M in liabilities (debt-to-asset ratio of 2%). The organization has 33.3 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2023 | $1.1B | $876.3M | $0 | $0 | $263.6M |
| 2022 | $1.0B | $934.5M | $0 | $0 | $105.7M |
| 2021 | $934.0M | $862.5M | $0 | $0 | $70.0M |
| 2020 | $678.6M | $582.5M | $0 | $0 | $97.3M |
| 2019 | $585.3M | $524.6M | $0 | $0 | $61.5M |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2023 | $1.0B | $1.0B | $15.9M | $2.0M | $1.0B |
| 2022 | $924.5M | $909.0M | $13.5M | $2.0M | $907.6M |
| 2021 | $610.2M | $594.6M | $13.5M | $2.1M | $593.0M |
| 2020 | $538.4M | $522.0M | $14.6M | $1.9M | $520.8M |
| 2019 | $548.8M | $537.3M | $9.5M | $1.9M | $536.1M |
Program Expense Ratio
98.3%
Admin Expense Ratio
1.5%
Fundraising Efficiency
44737.1%
Operating Reserve
33.3 mo
People & Compensation(Tax Year 2023)
38 records
Jewish Communal Fund reported compensation for 38 officers and key employees. Total officer compensation was $3.9M, representing 0.4% of total expenses. 1 individual received total compensation exceeding $500,000.
Jewish Communal Fund's highest-compensated individual received $713K in total compensation. Total officer compensation of $3.9M represents 0.4% of total expenses. 1 individual received total compensation exceeding $500,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| RACHEL SCHNOLL | EXECUTIVE VP AND CEO | Officer | 35.00 | $641,375 | $0 | $713,224 |
| SUSAN F DICKMAN | FORMER EXEC VP & CEO | Former | — | $477,000 | $0 | $477,000 |
| MARINA LEWIN | SENIOR VP AND COO | Officer | 35.00 | $393,457 | $0 | $474,749 |
| ELLEN SMITH ISRAELSON | VP, MRKTING & B. DEV | Officer | 35.00 | $310,853 | $0 | $368,381 |
| ASHLEY CLEMENTE | CHIEF TECHNOLOGY OFFICER | Highest Comp | 35.00 | $306,131 | $0 | $351,193 |
| MELANIE MARCHFELD | VP GRANTS ADMINISTRATION | Officer | 35.00 | $240,528 | $0 | $306,213 |
| MICHELLE LEBOWITS | SR DIR, BUSIN DEV & CLIENT | Highest Comp | 35.00 | $232,040 | $0 | $297,011 |
| ELIZABETH HEALY | VP AND CONTROLLER | Officer | 35.00 | $251,348 | $0 | $270,145 |
| IGOR MUSAYEV | ASS. DIRECTOR, FIN/INV SVC | Highest Comp | 35.00 | $214,679 | $0 | $247,657 |
| TAMAR SNYDER | SR. DIR, MRKT/COMM. | Highest Comp | 35.00 | $169,576 | $0 | $208,841 |
| RACHEL REDLICH | CONTROLLER | Highest Comp | 35.00 | $126,732 | $0 | $183,036 |
| MARTINE FLEISHMAN | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| CLIFF GREENBERG | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| ALAN S HALPERIN ESQ | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| ELLEN HORING | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| URI KAUFTHAL | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| JERRY KESTENBAUM | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| HOLLY NEWMAN KROFT | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| LINDA MIRELS | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| BARRY MOSS | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| DAVID SABLE | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| PAUL SIEGEL | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| GEULA SOLOMON | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| LAURIE TISCH | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| MARC UTAY | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| AARON ZISES | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| DANIEL B BLASER | SECRETARY | OfficerDirector | 2.00 | $0 | $0 | $0 |
| ELISIA ABRAMS | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| LEE M COHEN | TREASURER | OfficerDirector | 2.00 | $0 | $0 | $0 |
| MICHAEL KALNICKI | VICE PRESIDENT | OfficerDirector | 2.00 | $0 | $0 | $0 |
| ANDREA MARKEZIN-PRESS | CHAIR, EXECUTIVE COMMITTEE | OfficerDirector | 2.00 | $0 | $0 | $0 |
| TRICIA PANTZER | VICE PRESIDENT | OfficerDirector | 2.00 | $0 | $0 | $0 |
| MICHAEL L STERN | PRESIDENT | OfficerDirector | 5.00 | $0 | $0 | $0 |
| SPENCER WAXMAN | VICE PRESIDENT | OfficerDirector | 2.00 | $0 | $0 | $0 |
| ZOE BERNSTEIN | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| WILL BRESSMAN | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| RICHARD CHERA | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
| SUZIE DAVIDOWITZ | TRUSTEE | Director | 2.00 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
RACHEL SCHNOLL
Base Salary
$491,375
Bonus
$150,000
Other Reportable
—
Retirement/Deferred
$22,500
Nontaxable Benefits
$49,349
SUSAN F DICKMAN
Base Salary
—
Bonus
$477,000
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
MARINA LEWIN
Base Salary
$357,457
Bonus
$36,000
Other Reportable
—
Retirement/Deferred
$45,375
Nontaxable Benefits
$35,917
ELLEN SMITH ISRAELSON
Base Salary
$295,853
Bonus
$15,000
Other Reportable
—
Retirement/Deferred
$23,586
Nontaxable Benefits
$33,942
ASHLEY CLEMENTE
Base Salary
$276,131
Bonus
$30,000
Other Reportable
—
Retirement/Deferred
$14,038
Nontaxable Benefits
$31,024
MELANIE MARCHFELD
Base Salary
$220,528
Bonus
$20,000
Other Reportable
—
Retirement/Deferred
$18,612
Nontaxable Benefits
$47,073
MICHELLE LEBOWITS
Base Salary
$222,040
Bonus
$10,000
Other Reportable
—
Retirement/Deferred
$17,898
Nontaxable Benefits
$47,073
ELIZABETH HEALY
Base Salary
$251,348
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
$18,797
IGOR MUSAYEV
Base Salary
$199,679
Bonus
$15,000
Other Reportable
—
Retirement/Deferred
$15,798
Nontaxable Benefits
$17,180
TAMAR SNYDER
Base Salary
$164,576
Bonus
$5,000
Other Reportable
—
Retirement/Deferred
$15,687
Nontaxable Benefits
$23,578
RACHEL REDLICH
Base Salary
$121,732
Bonus
$5,000
Other Reportable
—
Retirement/Deferred
$9,418
Nontaxable Benefits
$46,886
Top Contractors(Tax Year 2023)
5 records
Jewish Communal Fund reported 5 contractors receiving over $100,000, with total contractor payments of $6.7M.
| Name | Service | Compensation |
|---|---|---|
| PROVIDENCE EQUITY PARTNERS FUND IX | INVESTMENT MANAGER | $2,948,883 |
| ADAGE | INVESTMENT MANAGER | $2,137,271 |
| DEERFIELD PRIVATE DESIGN FUND IV LP | INVESTMENT MANAGER | $697,889 |
| 575 ASSOCIATES LLC | RENT | $548,465 |
| EAGLE CAPITAL MANAGEMENT LLC | INVESTMENT MANAGER | $399,232 |
Governance & Compliance(Tax Year 2023)
Jewish Communal Fund has 6 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 27 members, 27 of whom are independent.
Jewish Communal Fund's financial statements are audited, an audit committee oversees the process.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2023)
4673 records
Jewish Communal Fund awarded $953.3M across 4673 grants to organizations. Top recipients include UJA-FEDERATION OF NEW YORK INC (NEW YORK, NY) — $48.5M for in furtherance of grantee's tax-exempt purpose; CORNELL UNIVERSITY (BOONE, IA) — $48.0M for in furtherance of grantee's tax-exempt purpose; NEW VENTURE FUND (WASHINGTON, DC) — $46.9M for in furtherance of grantee's tax-exempt purpose.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| UJA-FEDERATION OF NEW YORK INC510172429 | NEW YORK, NY | $48.5M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| CORNELL UNIVERSITY150532082 | BOONE, IA | $48.0M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| NEW VENTURE FUND205806345 | WASHINGTON, DC | $46.9M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| FOLLOW YOUR DREAM383581515 | NEW YORK, NY | $45.4M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| JOHNS HOPKINS UNIVERSITY520595110 | BALTIMORE, MD | $28.0M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| YOUNG MEN'S & YOUNG WOMEN'S HEBREW ASSOCIATION DBA 92ND STREET Y131624229 | NEW YORK, NY | $20.3M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| CENTRAL PARK CONSERVANCY INC133022855 | NEW YORK, NY | $20.1M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| CLIMATEWORKS FOUNDATION262303250 | SAN FRANCISCO, CA | $18.9M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| MURMURATION RESEARCH INSTITUTE INC861626267 | NEW YORK, NY | $14.0M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| 50CAN INC273069592 | WASHINGTON, DC | $13.5M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| PEF ISRAEL ENDOWMENT FUNDS INC136104086 | NEW YORK, NY | $12.9M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| ROCKEFELLER PHILANTHROPY ADVISORS INC133615533 | NEW YORK, NY | $11.5M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| TARGET ALS FOUNDATION INC810756743 | NEW YORK, NY | $10.4M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| IMPACTASSETS INC262048480 | BETHESDA, MD | $10.0M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND110303001 | CINCINNATI, OH | $9.9M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| MOUNT SINAI HOSPITAL131624096 | NEW YORK, NY | $8.4M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| CONGREGATION B'NAI JESHURUN - NEW YORK NY130594858 | NEW YORK, NY | $8.2M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| INTERNATIONAL PLANNED PARENTHOOD FEDERATION131845455 | NEW YORK, NY | $6.9M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY042103594 | CAMBRIDGE, MA | $6.2M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
| BROOKLYN COMMUNITY FOUNDATION113422729 | BROOKLYN, NY | $5.5M | IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE |
Showing 20 of 4673 grants.
Foreign Activities(Tax Year 2023)
Activities span CENTRAL AMERICA AND THE CARIBBEAN, NORTH AMERICA, MIDDLE EAST AND NORTH AFRICA, EUROPE (INCLUDING ICELAND & GREENLAND), SUB-SAHARAN AFRICA.
Regions & Countries
| Region / Country | Activity | Expenditure |
|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | — | — |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | — | — |
| MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, | — | — |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | — | — |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | — | — |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | — | — |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | — | — |
| EAST ASIA AND THE PACIFIC | — | — |
| SOUTH AMERICA | — | — |
Supplemental Financial Data(Tax Year 2023)
Jewish Communal Fund operates a donor-advised fund (DAF) program with 4,842 accounts. The endowment stands at $24.2M.
Filing History(Tax Years 1972–2023)
5 records
Showing the 5 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2023 | 990 | 2023-07-01 – 2024-06-30 | $1.1B | $1.0B | $2.9B |
| 2022 | 990 | 2022-07-01 – 2023-06-30 | $1.0B | $924.5M | $2.7B |
| 2021 | 990 | 2021-07-01 – 2022-06-30 | $934.0M | $610.2M | $2.5B |
| 2020 | 990 | 2020-07-01 – 2021-06-30 | $678.6M | $538.4M | $2.4B |
| 2019 | 990 | 2019-07-01 – 2020-06-30 | $585.3M | $548.8M | $2.0B |
| 1972–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Jewish Communal Fund do?
TO FACILITATE AND PROMOTE PHILANTHROPY THROUGH DONOR ADVISED FUNDS.
How much revenue does Jewish Communal Fund have?
Jewish Communal Fund reported $1,135,661,152 in total revenue for tax year 2023, up 9.3% from the prior year.
Who is the highest-paid executive at Jewish Communal Fund?
RACHEL SCHNOLL, EXECUTIVE VP AND CEO, received $713,224 in total compensation as of tax year 2023.
Is Jewish Communal Fund a 501(c)(3)?
Yes, Jewish Communal Fund is classified as a 501(c)(3) tax-exempt organization.
Where is Jewish Communal Fund located?
Jewish Communal Fund is headquartered in NEW YORK, NY 10022.
How many employees does Jewish Communal Fund have?
Jewish Communal Fund has 23 employees as of tax year 2023.
Is Jewish Communal Fund audited?
Yes, Jewish Communal Fund's financial statements are audited, and the organization has an audit committee.
How much does Jewish Communal Fund spend on fundraising?
Jewish Communal Fund reported $1,958,832 in fundraising expenses for tax year 2023, which represents 0.2% of total expenses.
Does Jewish Communal Fund give grants?
Yes, Jewish Communal Fund distributed $1,025,868,525 in grants to other organizations and individuals in tax year 2023. Top recipients include UJA-FEDERATION OF NEW YORK INC, CORNELL UNIVERSITY, NEW VENTURE FUND.
Does Jewish Communal Fund operate internationally?
Yes, Jewish Communal Fund conducts activities outside the United States. Activities span CENTRAL AMERICA AND THE CARIBBEAN, NORTH AMERICA, MIDDLE EAST AND NORTH AFRICA, EUROPE (INCLUDING ICELAND & GREENLAND), SUB-SAHARAN AFRICA.
Data Source
Prepared by: EISNER ADVISORY GROUP LLC, NEW YORK, NY
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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