The Menorah Park foundation's (the "Foundation") purpose is to honor and continue the respective legacies of Menorah Park and montefiore home. As a supporting Foundation of the jewish federation of cleveland, the Foundation provides grants to non-profit organizations that focus on enhancing the physical, emotional and spiritual well-being of jewish older adults in northeast ohio.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
3 of 6
filings with a surplus
Average deficit $35K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Plus $29.5M in investments, Pt X · Ln 11–13
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$709K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
46
of 47 voting members
Looks good: 46 of 47 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
+31% vs prior year
Spent
$2.8M
To programs
62%
Net assets
$30.6M
By yearFY2020–FY2025
Revenue
$3.2M
FY2021▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.4M
FY2021$3.2M
FY2022$2.1M
FY2023$4.7M
FY2024$755K
FY2025$611K
Expenses
$2.8M
FY2021▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4M
FY2021$2.8M
FY2022$3.4M
FY2023$2.9M
FY2024$1.4M
FY2025$193K
Net assets
$30.6M
FY2021▲ +30%
Tap a bar for its year
Net assets by fiscal year
FY2020$23.5M
FY2021$30.6M
FY2022$25.5M
FY2023$28.8M
FY2024$29.4M
FY2025$31.6M

From the FY2021 Form 990 (year ending June 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 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 1995.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $1.7M Management & general 1% · $38K Fundraising 36% · $1.0M

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

49 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Cdo Thru 7/3
$0Pt VII · Sec A
Cdo as of 8/
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
See Menorah Park Foundation executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises funds and distributes grants to provide aid and support for the elderly community in the Cleveland area.

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Provided by the organization

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1 program · $1.7M · in their own filed words · FY2020
01

Invest and manage foundation assets; solicit donations and distribute grants to projects for the elderly as approved by the board of directors, for the benefit of menorah park center for senior living ("menorah park"), a related organization, and the residents, tenants and clients of every service on the menorah park campus.

$1.7Mprogram 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 1 funder$2K
Grants paid · 11 grants · $9.1M · 2019–2023

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Gifts and grantsLn 1h$3.1M
Investment incomeLn 3$162K
Money outPt IX
$2.8M
Ln 25
Programscol B$1.7M
Managementcol C$38K
Fundraisingcol D$1.0M
Owns and owesPt X
$30.6M
net assets · Ln 32
Cash and savingsLn 1–2$456K
Total assetsLn 16$31.3M
LiabilitiesLn 26$709K
PeoplePt VI, VII
49
listed · VII A
PaidVII A0
Voting boardVI 1a47
IndependentVI 1b46
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Investment incomeLn 3$162K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$456K
Cash and savings togetherLn 1–2$456K
InvestmentsLn 11–13$29.5M
Land, buildings, equipmentLn 10c$134
Other assetsLn 15$922K
Total assetsLn 16$31.3M
LiabilitiesLn 26$709K
Net assetsLn 32$30.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$401K$456K
InvestmentsLn 11–13$22.7M$29.5M
Land, buildings, equipmentLn 10c$201$134
Total assetsLn 16$24.1M$31.3M
LiabilitiesLn 26$649K$709K
Net assetsLn 32$23.5M$30.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.7M$1.7M
Pay of current officers, directors and key staffLn 5$267K$267K
Other salaries and wagesLn 7$448K$448K
Pension plan contributionsLn 8$15K$15K
Other employee benefitsLn 9$99K$99K
Payroll taxesLn 10$45K$45K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$16K$16K
Advertising and promotionLn 12$27K$27K
Office expensesLn 13$44K$44K
Information technologyLn 14$9K$9K
OccupancyLn 16$12K$12K
TravelLn 17$356$356
Conferences, conventions and meetingsLn 19$1K$1K
Depreciation, depletion and amortizationLn 22$67$67
Other expenses (24a–d)Ln 24$25K$25K
Total functional expensesLn 25$2.8M$1.7M$38K$1.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $611K$193K$418K$31.6M 990 PDF
FY2024 $755K$1.4M−$665K$29.4M 990 PDF
FY2023 $4.7M$2.9M$1.8M$28.8M 990 PDF
FY2022 $2.1M$3.4M−$1.3M$25.5M 990 PDF
FY2021 Viewing $3.2M$2.8M$434K$30.6M 990 PDF
FY2020 $2.4M$3.4M−$941K$23.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $3,216,906 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,237,309$3,054,530
I-9 Program service revenue$0
I-10 Investment incomePrior year $209,053$162,376
I-11 Other revenue$0
I-12 Total revenuePrior year $2,446,362$3,216,906
I-13 Grants and similar amounts paidPrior year $2,577,031$1,735,996
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $650,613$874,016
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $159,476$173,152
I-18 Total expensesPrior year $3,387,120$2,783,164
I-19 Revenue less expensesPrior year −$940,758$433,742
Part VI · Governance 46 of 47 board members independent, 1 to look at
VI-1a Voting members of the governing body47
VI-1b Independent voting members46
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $3,216,906 across 5 lines filed
VIII-1a Federated campaigns$134,929
VIII-1f All other contributions, gifts and grants$2,919,601
VIII-1h Total contributions, gifts and grants$3,054,530
VIII-3 Investment incomeExcluded from tax $162,376$162,376
VIII-12 Total revenueExcluded from tax $162,376$3,216,906
Part IX · Statement of functional expenses $2,783,164 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $1,735,996$1,735,996
IX-5 Pay of current officers, directors and key staffFundraising $266,629$266,629
IX-7 Other salaries and wagesFundraising $448,493$448,493
IX-8 Pension plan contributionsFundraising $14,712$14,712
IX-9 Other employee benefitsFundraising $98,804$98,804
IX-10 Payroll taxesFundraising $45,378$45,378
IX-11b Legal feesManagement $23,219$23,219
IX-11c Accounting feesManagement $14,730$14,730
IX-11g Other fees for servicesFundraising $16,384$16,384
IX-12 Advertising and promotionFundraising $27,304$27,304
IX-13 Office expensesFundraising $43,516$43,516
IX-14 Information technologyFundraising $9,393$9,393
IX-16 OccupancyFundraising $12,304$12,304
IX-17 TravelFundraising $356$356
IX-19 Conferences, conventions and meetingsFundraising $1,089$1,089
IX-22 Depreciation, depletion and amortizationManagement $67$67
IX-24 Other expenses (24a–d)Fundraising $24,790$24,790
IX-25 Total functional expensesPrograms $1,735,996 · Management $38,016 · Fundraising $1,009,152$2,783,164
Part X · Balance sheet $31,276,966 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $401,336$456,000
X-3 Pledges and grants receivableStart of year $580,497$410,753
X-10c Land, buildings and equipment, netStart of year $201$134
X-11 Publicly traded securitiesStart of year $19,055,101$25,426,297
X-12 Other securitiesStart of year $3,605,665$4,061,309
X-15 Other assetsStart of year $456,162$922,473
X-16 Total assetsStart of year $24,098,962$31,276,966
X-17 Accounts payable and accrued expensesStart of year $75,080$138,213
X-24 Unsecured notes and loans payableStart of year $500,000$500,000
X-25 Other liabilitiesStart of year $73,856$70,531
X-26 Total liabilitiesStart of year $648,936$708,744
X-27 Net assets without donor restrictionsStart of year $14,452,581$17,855,006
X-28 Net assets with donor restrictionsStart of year $8,997,445$12,713,216
X-32 Total net assets or fund balancesStart of year $23,450,026$30,568,222
X-33 Total liabilities and net assetsStart of year $24,098,962$31,276,966
Part XI · Reconciliation of net assets $30,568,222 net assets at year end
XI-1 Total revenue$3,216,906
XI-2 Total expenses$2,783,164
XI-3 Revenue less expenses$433,742
XI-4 Net assets at start of year$23,450,026
XI-5 Net unrealized gains (losses) on investments$6,636,010
XI-9 Other changes in net assets$48,444
XI-10 Net assets at end of year$30,568,222

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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