2011-01-18T10:08:56-06:00 2010-06-30 LBA Certified Public Accountants PA 501 RIVERSIDE AVENUE SUITE 800 JACKSONVILLE FL 322024939 990 2009-07-01 593343214 Jewish Community Foundation of NorthEast Florida Inc JEWI 9043940720 4932 Sunbeam Rd No 200 Jacksonville FL 322576128 PAULETTE KEIFER 9043940720 2011-01-10 1 9043964015 2009 2016-02-24 21:20:13Z PAULETTE KEIFER 4932 SUNBEAM ROAD JACKSONVILLE FL 32257 1369957 0 X WWW.JACKSONVILLEJEWISHFOUNDATION.ORG X 1995 FL TO SUPPORT NONPROFIT ORGANIZATIONS, EDUCATE THE COMMUNITY ON GIFT PLANNING METHODS, ENSURE THE FUTURE OF NONPROFITS AND THE SERVICES TO OUR JEWISH AND SECULAR COMMUNITIES. 21 21 5 0 0 0 1226899 699062 0 51310 13161 63833 56675 1342042 768898 1656784 811768 0 142006 136530 0 65780 118793 132177 1917583 1080475 -575541 -311577 2879973 2701140 0 2879973 2701140 THE FOUNDATION IS DEDICATED TO ENSURING THAT SYNAGOGUES AND JEWISH AGENCIES WILL BE THERE IN THE FUTURE SO THAT GENERATIONS TO COME WILL BE ABLE TO ENJOY THE RICH JEWISH HERITAGE AND TRADITIONS. 0 0 943688 811768 CHARITABLE CONTRIBUTIONS TO VARIOUS NATIONAL, REGIONAL, AND LOCAL JEWISH WELFARE, PHILANTHROPIC, AND CHARITABLE ORGANIZATIONS. 943688 1 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 5 1 0 0 0 0 0 0 0 0 0 0 21 21 1 0 0 0 1 1 0 1 1 0 0 1 0 0 0 1 0 0 FL X PAULETTE KEIFER 9043940720 4932 SUNBEAM RD 200 JACKSONVILLE FL 322576128 PAULETTE KEIFER 40.00 X 77500 0 0 MEL GOTTLIEB 0.50 X 0 0 0 BARbara Jaffe 0.50 X 0 0 0 BARRY Zisser 0.50 X 0 0 0 MARK SHORSTEIN 0.50 X 0 0 0 MICHAEL DONZIGER 0.50 X 0 0 0 SCOTT ACKERMAN 0.30 X 0 0 0 DR LEN ELIKAN 0.30 X 0 0 0 Dr Ron Elinoff 0.30 X 0 0 0 MARK LODINGER 0.30 X 0 0 0 SAndy Zimmerman 0.30 X 0 0 0 ANDREA MAIL 0.30 X 0 0 0 MARK GREEN 0.30 X 0 0 0 DR MITCHELL LEVINE 0.30 X 0 0 0 MICHAEL SCHNEIDER 0.30 X 0 0 0 David Robbins Esq 0.30 X 0 0 0 STEVE SHERMAN 0.30 X 0 0 0 STEVEN SILVERMAN 0.30 X 0 0 0 Richard Sisisky 0.70 X 0 0 0 MELVYN FRUIT 0.70 X 0 0 0 JEFF EDWARDS 0.70 X 0 0 0 NEil Presser 0.70 X 0 0 0 77500 0 0 0 0 0 0 0 699062 699062 26404 26404 587816 601059 -13243 -13243 -13243 INVESTMENT MANAGEMENT 900099 56660 56660 Miscellaneous 900099 15 15 56675 768898 0 0 69836 811768 811768 77500 7750 15500 54250 59030 21611 26141 11278 15750 15750 6354 6354 930 930 476 476 2229 2229 create a jewish legacy 61605 61605 Investment Management F 40954 40954 equipment maintenance 2988 2988 Other 384 384 Dues and Subscriptions 255 255 252 252 1080475 943688 71007 65780 107616 118870 1542955 1181254 24194 26570 5846 4601 1027 1245 1038520 1181824 165661 191377 2879973 2701140 0 0 X 2562452 2342377 33179 47992 284342 310771 2879973 2701140 2879973 2701140 X 0 1 1 X 0 X 1639197 1935378 2050934 1226899 699062 7551470 1639197 1935378 2050934 1226899 699062 7551470 4406921 3144549 90822 134364 142349 51310 13161 432006 65273 74474 89528 63833 56675 349783 8333259 0.37730 0.37460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39 546135 862472 1963284 1 1 290553 10703 33261 13725 3796 316996 361972 1158 -43295 25294 3988 290553 0.02690 0.97310 1 0 5846 4601 1245 1245 CASH SURRENDER VALUE OF LIFE INSURANCE 173669 F PRESENT VALUE OF FUTURE INTEREST IN CHARITABLE REMAINDER TRUSTS 17708 F 191377 768898 1080475 -311577 132744 132744 -178833 914842 132744 13200 145944 768898 0 768898 1093675 13200 13200 1080475 0 1080475 Part V, Line 4: Description of Intended Use of Endowment Funds: Selected Temporarily and Permanently Restricted Endowment Assets: During the years 1995 through 1999, the Foundation became the trustee and remainder beneficiary in three charitable remainder trusts. Under the terms of the trust agreements, the Foundation, in its capacity as trustee, is required to make payments to the donors in each taxable year during the lifetime of the donor, in amounts ranging from 5% to 7% of the fair value of the trust assets as of the first day of each taxable year. These payments are made in quarterly installments. Upon the death of the donor, the remainder assets of the trust are normally distributed to the Foundation for its general purposes. As of June 30, 2010 and 2009, a valuation of the remainder interests was performed using published life expectancy tables and an assumed rate of growth of the trust assets of 5%. During 2007, the donor of one of the charitable remainder trusts died and the value of the account at the time of death was transferred to the Foundation. The Foundation entered into an agreement with the decedent's children to establish a perpetual endowment with the funds received from the charitable remainder trust. The amount of the endowment created was $62,613. During 1995, the Foundation received trust assets from the Jacksonville Jewish Federation which were invested in a money market account and mutual funds. The donor restricted the gift to be used to establish a perpetual endowment. The endowment is restricted to be used to support the Jacksonville Jewish Federation, Jewish Community Alliance and Beth Shalom congregation. Once the fund reached $75,000, then every January, five percent of the account value at December 31 of the previous year must be distributed evenly between the beneficiaries. No distributions shall be made if the fund falls below $75,000. There were no distributions during the years ended June 30, 2010 and 2009. During November 1999, the Foundation received a gift of cash, which was invested in marketable securities and a money market account. The donor restricted the gift to be used to establish a perpetual endowment. Earnings on the account are restricted for use by the Jewish Family and Community Services. There were $7,464 and $7,961 in distributions during the years ended June 30, 2010 and 2009, respectively. During December 2000, the Foundation received a gift of cash, which was invested in marketable securities and a money market account. The donor restricted the gift to be used to establish a perpetual endowment to be used to support the National Council of Jewish Women. Five percent of the account value at June 30th of the previous fiscal year may be distributed. There were no distributions during the year ended June 30, 2010, and $275 in distributions during the year ended June 30, 2009. During October 2002, the Foundation received a gift of cash, which was invested in marketable securities. The donor restricted the gift to be used to establish a perpetual endowment to be used to support enrollees in the Jewish Community Alliance Early Childhood and Camp Programs. Only the interest income may be distributed and only after the passing of both donors. There were no distributions during the years ended June 30, 2010 and 2009. During 2004, the Foundation received a gift of cash, which was invested in a money market account. The donor restricted the gift to be used to establish a perpetual endowment. Earnings on the account are restricted for use in the community of Slutsk for reclamation of Jewish headstones and other cemetery related Jewish programming. No distributions shall be made until the fund reaches the minimum endowment balance. There were no distributions during the years ended June 30, 2010 and 2009. During 2007, the Foundation received a gift of cash, which was invested in marketable securities. The donor restricted the gift to be used to establish a perpetual endowment. Earnings on the account are restricted for use by the Gainesville Hillel, Inc. There were $1,500 distributions during the year ended June 30, 2010 and $3,000 in distributions during the year ended June 30, 2009. During 2010 and 2009, the Foundation received various individual donations and a grant from a private institution to fund the Create a Jewish Legacy program. These funds are restricted for the operations of this program. The program had unspent funds of $24,059 and $8,439 at June 30, 2010 and 2009, respectively. Part XI, Line 8 - Other Adjustments: UNREALIZED GAIN ON INVESTMENTS: 133565. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS: -821. 1 JACKSONVILLE JEWISH FEDERATION 8505 SAN JOSE BLVD JACKSONVILLE FL 32217 590637864 501(C)(3) 107650 Support organization JACKSONVILLE JEWISH CENTER 3662 Crown Point Rd JACKSONVILLE FL 32267 590624411 501(C)(3) 317067 Support organization Baptist Health Foundation 836 Prudential Dr JACKSONVILLE FL 32207 592487135 501(C)(3) 20100 Support organization CONGREGATION AHAVATH CHESED 8727 San Jose Blvd JACKSONVILLE FL 32217 590774176 501(C)(3) 8456 Support organization St Vincent's Foundation Inc PO Box 41564 JACKSONVILLE FL 32203 592219923 501(C)(3) 20000 Support organization University of North Florida 1 UNF Drive JACKSONVILLE FL 32224 591982921 501(C)(3) 29000 Support organization United Way of Northeast Florida PO Box 41428 JACKSONVILLE FL 32203 590637825 501(C)(3) 21500 Support organization AMERICAN JEWISH JOINT DIST COMMITTEE 711 3RD AVE 10TH FLOOR NEW YORK NY 10017 501(C)(3) 10000 Support organization AMERICAN RED CROSS NE FL 751 RIVERSIDE AVE JACKSONVILLE FL 32204 501(C)(3) 6000 Support organization COMMUNITY HOSPICE 4266 SUNBEAM ROAD JACKSONVILLE FL 32257 501(C)(3) 5160 Support organization GIVE KIDS THE WORLD 210 SOUTH BASS ROAD KISSIMMEE FL 34746 501(C)(3) 14000 Support organization HADASSAH 2327 MILLER OAKS ROAD N JACKSONVILLE FL 32217 501(C)(3) 6000 Support organization HILLEL SCHOOL OF TAMPA 2020 W FLETCHER AVE TAMPA FL 33612 501(C)(3) 6000 Support organization MARTIN J GOTTLIEB DAY SCHOOL 3662 CROWN POINT RD JACKSONVILLE FL 32267 501(C)(3) 5427 Support organization RIVER GARDEN HEBREW HOME 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 501(C)(3) 7100 Support organization WOLFSON CHILDREN'S HOSPITAL 841 PRUDENTIAL DRIVE STE 1300 JACKSONVILLE FL 32207 501(C)(3) 5166 Support organization 17 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Executive director monitors use of funds in accordance with Organization's purpose. In addition to the purposes of the Foundation expressed in its bylaws, donors may suggest and the Board of Trustees may authorize distributions to organizations that do not directly benefit the Jacksonville community or Jewish causes if the beneficiary is a qualified 501(c)(3) organization. Form 990, Part VI, Section A, line 2 Trustees Barbara Jaffe and Sandy Zimmerman have a family relationship. They are mother and son. Form 990, Part VI, Section A, line 6 The initial members of the Corporation were Jacksonville Jewish Federation Inc, Beth El-The Beaches Synagogue, Beth Shalom Congregation, Congregation Ahavath Chesed, Etz Chaim Synagogue, Jacksonville Jewish Center, Jewish Community Alliance, Jewish Family & Community Services, and River Garden Hebrew Home. Per the bylaws of the Corporation, any organization organized and operated exclusively for charitable, education, religious, or scientific purposes qualified as an exempt organization under Section 501(c)(3) of the Internal Revenue Code that is based in Jacksonville, Florida and has strong ties to the Jewish community may be elected to membership in the Corporation by a 75% vote of the Members present at any annual or special meeting. Form 990, Part VI, Section A, line 7a Each Member of the Corporation shall designate a person to serve as a Trustee of the Corporation, Additional Trustees are elected by the Members of the Corporation. Form 990, Part VI, Section B, line 11 A draft of form 990 is presented to the Board of Directors and the Audit Committee for approval prior to being finalized and filed with the IRS. Form 990, Part VI, Section B, line 15a The treasurer of the organization researches salary ranges and makes recommendation to the Board of Directors. The Board of Directors meets annually to review and approve or deny the salary recommendations. Form 990, Part VI, Section C, line 19 The Foundation's governing documents and financial statements are available for public inspection upon request at their office in Jacksonville at 4932 Sunbeam Road. FORM 990, PART XI, LINE 2C: The organization has not changed its oversight of the audit or its selection of an independent accountant.