Jeffrey Modell Foundation INC

New York, NY · Public charity (501(c)(3)) · Since 1986

✓ Tax-deductible
Revenue
$10.2M
+6% vs prior year
Spent
$9.3M
To programs
92%
Net assets
$39.8M
By yearFY2020–FY2024
Revenue
$10.2M
FY2024▲ +6%
Revenue by fiscal year
FY2020$10.1M
FY2021$6.1M
FY2022$8.8M
FY2023$9.6M
FY2024$10.2M
Expenses
$9.3M
FY2024▲ +26%
Expenses by fiscal year
FY2020$4.8M
FY2021$5.3M
FY2022$5.9M
FY2023$7.4M
FY2024$9.3M
Net assets
$39.8M
FY2024▲ +7%
Net assets by fiscal year
FY2020$34.9M
FY2021$35.8M
FY2022$32.3M
FY2023$37.0M
FY2024$39.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CJeffrey Modell Foundation INC
EINHdr · item D13-3380237
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 1987
Year of formationHdr · item L1986
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.info4pi.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.05 Fundraising $0.03
Program services92%$8.5M
Management & general5%$507K
Fundraising3%$268K
Total functional expensesLn 25$9.3M

Financial health

Is it on solid ground?

Program efficiency
92%
of spending reaches programs+0.3% vs prior filing year
Operating runway
51.3mo
months of highly liquid reserves at operating expense rate▼ -13% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▼ -61% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$46.0M
FY2024▲ +7%
Total assets by fiscal year
FY2020$34.9M
FY2021$36.1M
FY2022$38.6M
FY2023$42.9M
FY2024$46.0M
Total liabilities
$6.3M
FY2024▲ +6%
Total liabilities by fiscal year
FY2020$0
FY2021$238K
FY2022$6.3M
FY2023$5.9M
FY2024$6.3M
Revenue less expensesPt I · Ln 19$941K
Total assetsPt X · Ln 16$46.0M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 341
Independent voting membersPt I · Ln 441

Balance Sheet

Part X · end of year
CashLn 1$9.6M
Total assetsLn 16$46.0M
Total liabilitiesLn 26$6.3M
Total net assetsLn 32$39.8M
Months of cash on handcomputed12.4

Statement of Revenue

Part VIII
Contributions & grants$8.8M · 86%
Investment income$1.4M · 14%
Contributions & grants86%$8.8M
Investment income14%$1.4M
— government grantsLn 1e$3.0M
Total revenueLn 12$10.2M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $39.6M · Operating expenses/yr $9.3M
51.3 months
Where the money goes
Program services
Program services $8.5M · Total expenses $9.3M
92%
Management & General
Management & general $507K · Total expenses $9.3M
5%
Fundraising
Fundraising $268K · Total expenses $9.3M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $251K · Solicited contributions (3-yr avg) $5.9M
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $8.8M · Total revenue $10.2M
86%
Government reliance
Government grants $3.0M · Total revenue $10.2M
29%
Earned-income share
Program service revenue $0 · Total revenue $10.2M
0%
Investment reliance
Investment income $1.4M · Total revenue $10.2M
+14%
Program self-sufficiency
Program service revenue $0 · Total expenses $9.3M
0%
Growth & trend
Revenue growth (YoY)
This year $10.2M · Prior year $9.6M
+6%
Revenue CAGR
FY2020 $10.1M · FY2024 $10.2M
+0.3%
Net-asset trend (YoY)
End of year $39.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $10.2M · Expenses $9.3M
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $46.0M
—
Net-asset ratio
Net assets $39.8M · Total assets $46.0M
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $30.1M · Total assets (Pt X, ln 16) $46.0M
65%
People & payroll
Highest Reported Total Compensation
Individual Frederick Modell · Reported title President · Highest reported compensation $717K · Total expenses $9.3M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.5M · Total expenses $9.3M
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 5%——
Fundraising cost ratio 3%——
Revenue growth 6%——
Investment management fee ratio 0%——
Legal fee ratio 1.0%——
Accounting fee ratio 0.5%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$716,538Pt VII · Sec A
Executive Director
$354,119Pt VII · Sec A
Scientific Director
$200,677Pt VII · Sec A
Chief Financial Officer
$198,273Pt VII · Sec A
$197,465Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Frederick Modell$716,538$406,346$395,000$395,000$395,000
Vanessa Tenembaum$354,119$298,371$239,295$219,518$224,870
Vicki Modell——$295,000$295,000$295,000
Jessica Quinn$200,677$176,948$156,314$143,076$145,734
Christopher Sims$198,273$176,179$154,175$134,615$60,461
Roger Davilla$197,465$176,371$134,776——
Rachel Bass———$38,278$114,026
Jo Ann Fortunato————$59,858

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 41Voting board membersPt VI · Ln 1a
  • 41Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Funds research and education to diagnose, treat, and cure rare immune system disorders.

Provided by the organization

This section is blank until Jeffrey Modell Foundation INC claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $8.5M of program spending, described in the organization's own filed words · FY2024.
01

The organization conducted public service advertising campaigns directed to the general public to create public awareness, as well as to educate both treating physicians and the general public about immunodeficiency diseases.

$7.9Mprogram expense
02

Basic and clinical research support at numerous educational institutions and hospitals throughout the united states and world-wide as reported in accompanying schedule f and schedule I. In addition, the foundation provided funding to regional and national patient organizations globally.

$579Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 119 grants · $4.6M · 2020–2024
Columbia UniversityFY2024$181,000
New York UniversityNY · FY2024$155,000
Boston Childrens HospitalFY2024$75,000
UCLA Medical Science DevFY2024$62,500
Texas Children's HospitalTX · FY2024$50,000
Individual Small GrantsFY2024$47,162
Johns Hopkins UniversityFY2024$41,800
Childrens Hosp-PhiladelphiaFY2024$35,000
Yale UniversityFY2024$25,000
University of South FloridaFY2024$25,000
University of PittburghFY2024$25,000
University of Miami AdvFY2024$25,000
Univ of Texas Sw Med CtrFY2024$25,000
St Louis Childrens HospFY2024$25,000
St Judes Childrens HospitalFY2024$25,000
Seattle Childrens ResearchFY2024$25,000
Saint Louis UniversityFY2024$25,000
See all 119 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $10.2M$9.3M+6% 990 PDF
FY2023 $9.6M$7.4M+9% 990 PDF
FY2022 $8.8M$5.9M+43% 990 PDF
FY2021 $6.1M$5.3M-39% 990 PDF
FY2020 $10.1M$4.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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