Jewish Community Foundation of Greater Metrowest NJ

Nonprofit profile at a glance

EIN
221714130
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Whippany, NJ, USA
Phone
9739293000
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Community Foundations
Affiliation
Judaism

Official website

Reported finances

Revenue
$129,460,111
Expenses
$43,049,138
Assets
$648,257,170
Liabilities
$213,443,062

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

63 people listed

Executive titles in this filing

  • Dov Ben-Shimon (CEO)
  • Kim Hirsh (Executive Director)
  • Michal Werner (Associate Executive Director)
  • Maxine B Murnick (President)
  • Ariel Nelson (Vice President)
  • Eugenia Yudanin (vice President)

Highest reported compensation

  • Dov Ben-Shimon (CEO): $449,921 total reported compensation
  • Howard Rabner (COO/CFO): $310,001 total reported compensation
  • Kim Hirsh (Executive Director): $266,815 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of jcf is to service the charitable aims and interests of jcf donors by gathering, investing and disbursing charitable funds on their behalf and encouraging allocation of these monies to enhance and ensure the continuity of charitable institutions designated by the donor and approved by the jcf board.

What it reported doing in 2024

Endowment funds provide a critical base of support, serving Jewish Federation of Greater Metrowest, NJ, Inc. and our partner agencies as they strive to meet pressing needs locally, in Israel and around the world. In recent years, JCF has been the focus of new and innovative community development and programmatic initiatives. We house a planned gift and endowment development department staffed by gift planning professionals who are prepared to assist donors and their families with all aspects of charitable gift plan design and implementation. JCF manages the administration of Donor Advised Funds and Supporting Foundations, working closely with donors and their families in helping them achieve their philanthropic goals. The Foundation takes responsibility for all aspects of managing these funds, enabling our donors to focus on their charitable giving. THERE ARE CURRENTLY NEED FUNDS THAT DISTRIBUTED A TOTAL OF over $35,928,000 TO over 500 CHARITIES.

Operating model

Revenue model
Donor-supported. 79% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 75
  • Accountability: 94
  • Sustainability: 90
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.1%; rating input score 48
  • Program expense ratio: 86.9%; rating input score 87
  • Fundraising efficiency: $90.56 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Limited
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 98.5%; rating input score 98; 35th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 98.1%; rating input score 98; 54th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 66.7%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 15.06; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 0.3%; rating input score 89; 89th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 48.1% of revenue deployed · 86.9% of spending went to programs
  • Governance: 53 of 54 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $37.4M in reported program spending
  • Leadership: top reported pay $450K · 63 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $896K reported
  • Consistency: 39 of 40 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 407 filed money-flow records
  • Related organizations: 404 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.