JEWISH HERITAGE FUND FOR EXCELLENCE INC Charity Report

Public IRS 990 nonprofit record

JEWISH HERITAGE FUND FOR EXCELLENCE INC

EIN 20-3805455 · Support N.E.C. (E19)

What they do

JHF is A GRANT MAKING ORGANIZATION WITH A MISSION to SUPPORT THE JEWISH HERITAGE MITZVAH FUND and to SUPPORT THE MEDICAL and GENERAL COMMUNITY of KENTUCKY (EXCLUDING BOONE, KENTON and CAMPBELL COUNTIES) and FLOYD, CLARK, HARRISON and SCOTT COUNTIES IN INDIANA (SCHEDULE O) THROUGH SCIENTIFIC and MEDICAL EDUCATION/RESEARCH, SUPPORTING JEWISH COMMUNITIES, and SUPPORTING PUBLIC HEALTH and WELLNESS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

43.53%of revenue went to mission work84.0% of expenses · Program services

$51.81spent for every $100 of revenueRevenue covered expenses this year.

8.28%of revenue went to management and office costs16.0% of expenses

$28.23in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $333,195 for JEFF POLSON (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$20,887,886

Mission workProgram services$9,091,81643.53% of revenue84.0% of expenses

ManagementOffice and general costs$1,729,3058.28% of revenue16.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$10,066,76548.19% of revenueShown in gray on the chart

Total expenses$10,821,12151.81% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.0% mission · 16.0% management · 0.0% fundraisingTotal expenses: 51.81% of revenue

2023Expense mix: 85.3% mission · 14.7% management · 0.0% fundraisingTotal expenses: 95.66% of revenue

2022Expense mix: 89.2% mission · 10.8% management · 0.0% fundraisingTotal expenses: 125.94% of revenue

2021Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 47.74% of revenue

2020Expense mix: 94.3% mission · 5.7% management · 0.0% fundraisingTotal expenses: 167.11% of revenue

2019Expense mix: 91.3% mission · 8.7% management · 0.0% fundraisingTotal expenses: 150.84% of revenue

Money in and money out

Revenue$20,887,886

Expenses$10,821,121

Annual surplus $10,066,765 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$9,091,816 · 84.0% of expenses

Management and office costs$1,729,305 · 16.0% of expenses

See all reported dollar amounts

Revenue$20,887,886

Expenses$10,821,121

Assets$305,468,894

Income$79,401,026

Mission work (program services)$9,091,816

Grants given$77,181,085

Average grant$380,202

Management and general$1,729,305

Executive compensation (total)$258,322

Stocks and bonds$246,150,581

Accounting fees$38,377

Investing fees$852,408

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFF POLSONPRESIDENT AND CEO · 40 hrs/week $333,195Base $299,712 · Other $33,483

TIFFANY FABINGPROGRAM DIRECTOR · 40 hrs/week $134,468Base $118,558 · Other $15,910

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

JEFF POLSONPRESIDENT AND CEO

TIFFANY FABINGPROGRAM DIRECTOR

WILLIAM ALTMANSECRETARY

AMY LAPINSKITRUSTEE

SANDY HAMMONDTRUSTEE

ROBIN STRATTONTRUSTEE

RICHARD SCHULTZTRUSTEE

REED WEINBERGTRUSTEE

MARK SWITOWTRUSTEE (PREVIOUS)

MARC CHARNASTREASURER

LINDA SCHUSTERTRUSTEE

JULIA RICHERSONTRUSTEE (PREVIOUS)

JON GOLDBERGEX-OFFICIO (PREVIOUS)

JENNIFER TUVLINVICE CHAIR

JACKIE RICHARDSONTRUSTEE

GLENN LEVINETRUSTEE

ERIC SCHWARTZTRUSTEE

ERIC GOODMANTRUSTEE (PREVIOUS)

DR URSULA MULLINSTRUSTEE

DR SHELLIE BRANSONTRUSTEE

DR NANCY MARTINTRUSTEE

DR KAREN ABRAMSCHAIR

DR GERALD TEMESTRUSTEE

BRUCE ROTHTRUSTEE (PREVIOUS)

BETSY BENNETTTRUSTEE (PREVIOUS)

ANDREW TRAGER-KUSMANTRUSTEE

About this charity

Recognized since: January 2008
Location: PNC TOWER 101 SOUTH 5TH S, LOUISVILLE, KY 40202-0000
County: Jefferson
In care of: % RONALD FARR
Primary officer: JEFF POLSON, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(502) 365-3209

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DEMING MALONE LIVESAY & OSTROFF PSC
NTEE classification: Support N.E.C. (E19)
IRS tax category: Support N.E.C.
Grant-giving organization: Yes