Fjc FY2024 filing

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To maximize the impact of charitable dollars; create innovative and customizezd solutions; and to respond to the needs of donors, nfp borrowers and other charitable agencies.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $12.8M a year · 22% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
24 mo
of spending, in cash
Plus $319.1M in investments, Pt X · Ln 11–13
Looks good: 24.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $356K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$45.2M
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$58.9M
-6% vs prior year
Spent
$49.3M
To programs
95%
Net assets
$385.1M
By yearFY2020–FY2025
Revenue
$58.9M
FY2024▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$41.0M
FY2021$42.0M
FY2022$65.1M
FY2023$62.3M
FY2024$58.9M
FY2025$79.4M
Expenses
$49.3M
FY2024▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$38.0M
FY2021$32.0M
FY2022$59.5M
FY2023$43.7M
FY2024$49.3M
FY2025$49.5M
Net assets
$385.1M
FY2024▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$252.4M
FY2021$319.7M
FY2022$333.5M
FY2023$337.3M
FY2024$385.1M
FY2025$422.0M

From the FY2024 Form 990 (year ending March 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $46.8M Management & general 5% · $2.3M Fundraising 0% · $98K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$287,296Pt VII · Sec A
Chief Legal Officer, Thru Dec. 2023
$227,271Pt VII · Sec A
$196,584Pt VII · Sec A
$174,650Pt VII · Sec A
Controller
$141,277Pt VII · Sec A
Chief Legal Officer, as of Jan. 2023
$56,946Pt VII · Sec A
President & Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Samuel Marks’s $308K as CEO is at the 79th percentile of top reported officer pay among 247 $10–100M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Samuel Marks$308,338$287,296$268,314$254,917$252,905$96,529
Mark Cohen Secretary—$227,271————
Regina Rodriguez$220,152$196,584$187,881$174,838——
Mark Cohen——$217,619$208,555$209,102$192,342
Hillary Zilz$204,283—————
Meghan Hudson$199,886$174,650$158,918$144,829$150,557$136,495
Regina a Rodriguez————$176,397$8,909
Orlando Colon$146,874$141,277$134,510$125,763$130,390$117,834

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.

See Fjc executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides customized donor-advised funds and low-interest loans to help nonprofit organizations maximize their charitable impact and secure essential funding.

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3 programs · $46.8M · in their own filed words · FY2023
01

Donor advised funds & specialized accounts. FJC provides a boutique, customizable service to its account holders, collaborating with imaginative donors who seek more creative approaches. While most account holders at FJC use donor advised fund (daf) accounts conventionally (recommending grants to their favorite charities), we accommodate…

$35.0Mprogram expense
02

Fiscal sponsorship. FJC incubates a wide range of nonprofit organizations and projects that have not received their 501(c)(3) status. Our scaled platform provides operational efficiencies to participants, allowing them to receive tax-deductible contributions and distribute funds as grants or vendor payments.

$11.4Mprogram expense
03

Agency loan fund. A bespoke impact investment offered to our donors as part of our standard investment menu, FJC'S agency loan fund (alf) allows donors the opportunity to invest a portion of their accounts in loans to a diversified pool of nonprofit organizations.

$490Kprogram expense

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 3 funders$356K
See all 3 funders →
Grants paid · 3,720 grants · $187.8M · 2019–2024
Project ShemaIL · FY2024$2,803,656
NatanFY2024$2,738,655
Hebrew Free Loan Society INCNY · FY2024$1,009,000
Feeding AmericaIL · FY2024$1,000,300
Gods Love We Deliver INCNY · FY2024$926,200
Civic NationDC · FY2024$750,000
Conservation FoundationIL · FY2024$575,000
New York Botanical GardenNY · FY2024$570,125
The Kirva Institute for Torah and Spiritual Practice FundFY2024$557,895
The BellFY2024$531,631
The Jewish Community of Poland FundFY2024$496,682
Individual RecipientFY2024$478,093
Individual RecipientFY2024$391,822
Individual RecipientFY2024$359,742
See all 3,720 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$58.9M
Ln 12
Gifts and grantsLn 1h$48.2M
Investment incomeLn 3$8.2M
Fees for servicesLn 2g$2.5M
Money outPt IX
$49.3M
Ln 25
Programscol B$46.8M
Managementcol C$2.3M
Fundraisingcol D$98K
Owns and owesPt X
$385.1M
net assets · Ln 32
Cash and savingsLn 1–2$99.9M
Total assetsLn 16$430.3M
LiabilitiesLn 26$45.2M
PeoplePt VI, VII
13
listed · VII A
PaidVII A6
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$48.2M
Noncash giftsLn 1g$17.5M
Fees for servicesLn 2g$2.5M
Investment incomeLn 3$8.2M
Gains on assetsLn 7$1.1M
Total revenueLn 12$58.9M
Assets in detailPt X, end of year
CashLn 1$5.1M
SavingsLn 2$94.9M
Cash and savings togetherLn 1–2$99.9M
InvestmentsLn 11–13$319.1M
Land, buildings, equipmentLn 10c$177K
Other assetsLn 15$6.2M
Total assetsLn 16$430.3M
LiabilitiesLn 26$45.2M
Net assetsLn 32$385.1M
OperationsPt I, VI
EmployeesI 512
VolunteersI 68
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$1.8M
Noncash gifts receivedSch M Pt I$17.5M
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$35.2M$30.7M$31.8M$30.2M$21.8M
Given inLn 1b$2.5M$105K
SpentLn 1d–1f$10K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$100.7M$99.9M
InvestmentsLn 11–13$280.5M$319.1M
Land, buildings, equipmentLn 10c$196K$177K
Total assetsLn 16$388.2M$430.3M
LiabilitiesLn 26$50.9M$45.2M
Net assetsLn 32$337.3M$385.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$43.4M$43.4M
Grants to domestic individualsLn 2$345K$345K
Grants and assistance to foreign recipientsLn 3$1.8M$1.8M
Pay of current officers, directors and key staffLn 5$1.1M$537K$542K$57K
Other salaries and wagesLn 7$590K$278K$309K$3K
Pension plan contributionsLn 8$14K$3K$11K
Other employee benefitsLn 9$140K$63K$76K$839
Payroll taxesLn 10$110K$55K$52K$3K
Accounting feesLn 11c$79K$79K
Investment management feesLn 11f$678K$678K
Other fees for servicesLn 11g$203K$26K$144K$33K
Advertising and promotionLn 12$420$3$208$209
Office expensesLn 13$81K$48K$34K
Information technologyLn 14$148K$116K$32K
OccupancyLn 16$185K$148K$38K
TravelLn 17$10K$172$9K
Conferences, conventions and meetingsLn 19$14K$13K$851
Depreciation, depletion and amortizationLn 22$36K$29K$7K
InsuranceLn 23$34K$19K$15K
Other expenses (24a–d)Ln 24$299K$299K
Total functional expensesLn 25$49.3M$46.8M$2.3M$98K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 13, 2026 $79.4M$49.5M$29.9M$422.0M 990 PDF
FY2024 ViewingFiled with the IRS Feb 17, 2025 $58.9M$49.3M$9.6M$385.1M 990 PDF
FY2023Filed with the IRS Feb 12, 2024 $62.3M$43.7M$18.6M$337.3M 990 PDF
FY2022Filed with the IRS Feb 3, 2023 $65.1M$59.5M$5.6M$333.5M 990 PDF
FY2021Filed with the IRS Feb 15, 2022 $42.0M$32.0M$10.0M$319.7M 990 PDF
FY2020Filed with the IRS Feb 16, 2021 $41.0M$38.0M$3.0M$252.4M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $58,886,033 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $54,754,606$48,184,587
I-9 Program service revenuePrior year $2,204,595$2,525,874
I-10 Investment incomePrior year $5,363,097$8,175,572
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $62,322,298$58,886,033
I-13 Grants and similar amounts paidPrior year $33,155,765$45,502,156
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,688,235$1,990,105
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,855,600$1,766,906
I-18 Total expensesPrior year $43,699,600$49,259,167
I-19 Revenue less expensesPrior year $18,622,698$9,626,866
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $58,886,033 across 7 lines filed
VIII-1f All other contributions, gifts and grants$48,184,587
VIII-1g Noncash contributions (included above)$17,525,595
VIII-1h Total contributions, gifts and grants$48,184,587
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,525,874$2,525,874
VIII-3 Investment incomeExcluded from tax $7,030,043$7,030,043
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,145,529$1,145,529
VIII-12 Total revenueRelated to mission $2,525,874 · Unrelated business $0 · Excluded from tax $8,175,572$58,886,033
Part IX · Statement of functional expenses $49,259,167 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $43,364,261$43,364,261
IX-2 Grants to domestic individualsPrograms $345,000$345,000
IX-3 Grants and assistance to foreign recipientsPrograms $1,792,895$1,792,895
IX-5 Pay of current officers, directors and key staffPrograms $537,184 · Management $542,467 · Fundraising $57,436$1,137,087
IX-7 Other salaries and wagesPrograms $278,125 · Management $308,584 · Fundraising $2,843$589,552
IX-8 Pension plan contributionsPrograms $2,963 · Management $10,842$13,805
IX-9 Other employee benefitsPrograms $62,806 · Management $75,955 · Fundraising $839$139,600
IX-10 Payroll taxesPrograms $54,843 · Management $52,058 · Fundraising $3,160$110,061
IX-11c Accounting feesManagement $78,836$78,836
IX-11f Investment management feesManagement $677,527$677,527
IX-11g Other fees for servicesPrograms $25,997 · Management $143,971 · Fundraising $33,047$203,015
IX-12 Advertising and promotionPrograms $3 · Management $208 · Fundraising $209$420
IX-13 Office expensesPrograms $47,607 · Management $33,720$81,327
IX-14 Information technologyPrograms $116,115 · Management $32,027$148,142
IX-16 OccupancyPrograms $147,724 · Management $37,603$185,327
IX-17 TravelPrograms $172 · Management $9,424$9,596
IX-19 Conferences, conventions and meetingsPrograms $12,654 · Management $851$13,505
IX-22 Depreciation, depletion and amortizationPrograms $28,896 · Management $7,224$36,120
IX-23 InsurancePrograms $19,128 · Management $14,992$34,120
IX-24 Other expenses (24a–d)Management $298,971$298,971
IX-25 Total functional expensesPrograms $46,836,373 · Management $2,325,260 · Fundraising $97,534$49,259,167
Part X · Balance sheet $430,309,480 assets, 19 lines filed
Asset lines not itemized here account for $2,909,224; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $1,925,045$5,055,847
X-2 Savings and temporary cash investmentsStart of year $98,787,478$94,880,932
X-3 Pledges and grants receivableStart of year $0$1,933,332
X-9 Prepaid expenses and deferred chargesStart of year $20,484$11,869
X-10c Land, buildings and equipment, netStart of year $195,697$177,013
X-11 Publicly traded securitiesStart of year $207,016,241$238,700,176
X-12 Other securitiesStart of year $42,354,785$51,257,097
X-13 Program-related investmentsStart of year $31,150,786$29,151,030
X-15 Other assetsStart of year $6,775,614$6,232,960
X-16 Total assetsStart of year $388,226,130$430,309,480
X-17 Accounts payable and accrued expensesStart of year $101,008$131,736
X-18 Grants payableStart of year $0$471,938
X-19 Deferred revenueStart of year $49,719$53,380
X-25 Other liabilitiesStart of year $50,784,683$44,547,894
X-26 Total liabilitiesStart of year $50,935,410$45,204,948
X-27 Net assets without donor restrictionsStart of year $334,934,061$381,120,011
X-28 Net assets with donor restrictionsStart of year $2,356,659$3,984,521
X-32 Total net assets or fund balancesStart of year $337,290,720$385,104,532
X-33 Total liabilities and net assetsStart of year $388,226,130$430,309,480
Part XI · Reconciliation of net assets $385,104,532 net assets at year end
XI-1 Total revenue$58,886,033
XI-2 Total expenses$49,259,167
XI-3 Revenue less expenses$9,626,866
XI-4 Net assets at start of year$337,290,720
XI-5 Net unrealized gains (losses) on investments$38,304,318
XI-9 Other changes in net assets−$117,372
XI-10 Net assets at end of year$385,104,532

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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