The Montefiore foundation's mission is to provide grants that aid and support the jewish elderly community in the cleveland area.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$716K 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

FY2020 · 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 $451K a year · 72% 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
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$716K
to officers and key staff · 54% of spending
Concern: pay to officers and key staff is 54% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $10.0M in investments, Pt X · Ln 11–13
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $13K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$581K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$723K
Spent
$1.3M
To programs
83%
Net assets
$10.9M
By yearFY2020–FY2025
Revenue
$723K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$723K
FY2021$649K
FY2022$1.6M
FY2023$438K
FY2024$214K
FY2025$79K
Expenses
$1.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$532K
FY2022$1.3M
FY2023$2.9M
FY2024$347K
FY2025$2K
Net assets
$10.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$10.9M
FY2021$14.6M
FY2022$12.3M
FY2023$10.8M
FY2024$10.6M
FY2025$11.7M

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 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

83 cents of each dollar spent went to programs.

Program services 83% · $1.1M Management & general 8% · $107K Fundraising 9% · $114K

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

29 people listed on the 990; $716K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President/CEO Thru 6/30/2020
$332,009Pt VII · Sec A
Former CFO & VP of Operations Thru 6/30/2019
$163,750Pt VII · Sec A
Director of Foundation
$113,216Pt VII · Sec A
CFO Effective 7/1/2019/Controller
$106,555Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Assistant Vice Chair
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Debbie Rothschild’s $64K as VP - Leadership & Giving is at the 91st percentile of top reported officer pay among 133 <$100K philanthropy & grantmaking 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 · 4 named individuals · Part VII

NameFY2021FY2020
Seth Vilensky—$332,009
Mark Weiss—$163,750
Debbie Rothschild$64,130$113,216
Nathan Dotson—$106,555

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 Montefiore 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides financial aid and support services to the elderly community within the Cleveland area.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2019
01

The Montefiore Foundation was established to preserve endowment funds, to provide for proper investment of endowment funds, to allocate funds to Montefiore in accordance with its needs and donors wishes, to increase charitable support through endowment and other fundraising and to increase community awareness and support.

$1.1Mprogram 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 · FY2023
Total grants receivedfrom 1 funder$13K
Grants paid · 12 grants · $6.0M · 2019–2023
The Montefiore HomeFL · FY2023$273,339
Unitemized GrantFY2023$58,000
The Montefiore HomeFL · FY2022$2,246,845
The Montefiore HomeFL · FY2021$837,801
The Montefiore HomeFL · FY2020$502,987
The Montefiore HomeFL · FY2019$954,244

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$723K
Ln 12
Gifts and grantsLn 1h$838K
Investment incomeLn 3$83K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.1M
Managementcol C$107K
Fundraisingcol D$114K
Owns and owesPt X
$10.9M
net assets · Ln 32
Cash and savingsLn 1–2$210K
Total assetsLn 16$11.5M
LiabilitiesLn 26$581K
PeoplePt VI, VII
29
listed · VII A
PaidVII A4
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$838K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$276K
Investment incomeLn 3$83K
Total revenueLn 12$723K
Assets in detailPt X, end of year
CashLn 1$129K
SavingsLn 2$81K
Cash and savings togetherLn 1–2$210K
InvestmentsLn 11–13$10.0M
Land, buildings, equipmentLn 10c$204
Other assetsLn 15$1.1M
Total assetsLn 16$11.5M
LiabilitiesLn 26$581K
Net assetsLn 32$10.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
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 FY20End FY20
Cash and savingsLn 1–2$228K$210K
InvestmentsLn 11–13$10.7M$10.0M
Land, buildings, equipmentLn 10c$511$204
Total assetsLn 16$12.3M$11.5M
LiabilitiesLn 26$543K$581K
Net assetsLn 32$11.8M$10.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$986K$986K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$35K$28K$7K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$159K$60K$16K$83K
Pension plan contributionsLn 8$4K$2K$439$2K
Other employee benefitsLn 9$27K$10K$3K$14K
Payroll taxesLn 10$16K$6K$2K$8K
Management feesLn 11a$30K$0$30K$0
Legal feesLn 11b$50$0$50$0
Accounting feesLn 11c$13K$0$13K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$2K$0$2K$0
Office expensesLn 13$19K$0$19K$0
Information technologyLn 14$10K$0$10K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$320$0$320$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$169$0$169$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$306$0$306$0
InsuranceLn 23$4K$0$4K$0
Other expenses (24a–d)Ln 24$8K$0$1K$6K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$1.3M$1.1M$107K$114K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $79K$2K$78K$11.7M 990 PDF
FY2024 $214K$347K−$132K$10.6M 990 PDF
FY2023 $438K$2.9M−$2.5M$10.8M 990 PDF
FY2022 $1.6M$1.3M$292K$12.3M 990 PDF
FY2021 $649K$532K$118K$14.6M 990 PDF
FY2020 Viewing $723K$1.3M−$590K$10.9M 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 J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $723,034 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $935,738$837,946
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $108,829$82,535
I-11 Other revenuePrior year −$148,858−$197,447
I-12 Total revenuePrior year $895,709$723,034
I-13 Grants and similar amounts paidPrior year $1,199,472$985,865
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $222,057$241,548
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $111,951$86,022
I-18 Total expensesPrior year $1,533,480$1,313,435
I-19 Revenue less expensesPrior year −$637,771−$590,401
Part VI · Governance 25 of 25 board members independent, 2 to look at
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $723,034 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$275,855
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$562,091
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$837,946
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $82,535$82,535
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$197,447−$197,447
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$114,912$723,034
Part IX · Statement of functional expenses $1,313,435 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $985,865$985,865
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $28,000 · Management $7,000 · Fundraising $0$35,000
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $60,465 · Management $15,912 · Fundraising $82,741$159,118
IX-8 Pension plan contributionsPrograms $1,668 · Management $439 · Fundraising $2,283$4,390
IX-9 Other employee benefitsPrograms $10,268 · Management $2,702 · Fundraising $14,051$27,021
IX-10 Payroll taxesPrograms $6,087 · Management $1,602 · Fundraising $8,330$16,019
IX-11a Management feesPrograms $0 · Management $30,000 · Fundraising $0$30,000
IX-11b Legal feesPrograms $0 · Management $50 · Fundraising $0$50
IX-11c Accounting feesPrograms $0 · Management $12,563 · Fundraising $0$12,563
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $1,955 · Fundraising $0$1,955
IX-13 Office expensesPrograms $0 · Management $19,191 · Fundraising $0$19,191
IX-14 Information technologyPrograms $0 · Management $9,656 · Fundraising $0$9,656
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $320 · Fundraising $0$320
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $169 · Fundraising $0$169
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $306 · Fundraising $0$306
IX-23 InsurancePrograms $0 · Management $3,875 · Fundraising $0$3,875
IX-24 Other expenses (24a–d)Programs $0 · Management $1,451 · Fundraising $6,486$7,937
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $1,092,353 · Management $107,191 · Fundraising $113,891$1,313,435
Part X · Balance sheet $11,476,335 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $141,472$129,241
X-2 Savings and temporary cash investmentsStart of year $86,560$80,604
X-3 Pledges and grants receivableStart of year $172,273$131,971
X-4 Accounts receivableStart of year $15,811$23,396
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $26,790$26,330
X-10c Land, buildings and equipment, netStart of year $511$204
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $10,733,440$9,994,852
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $1,156,370$1,089,737
X-16 Total assetsStart of year $12,333,227$11,476,335
X-17 Accounts payable and accrued expensesStart of year $29,120$46,776
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $16,555$8,625
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $497,354$525,952
X-26 Total liabilitiesStart of year $543,029$581,353
X-27 Net assets without donor restrictionsStart of year $591,634$754,798
X-28 Net assets with donor restrictionsStart of year $11,198,564$10,140,184
X-32 Total net assets or fund balancesStart of year $11,790,198$10,894,982
X-33 Total liabilities and net assetsStart of year $12,333,227$11,476,335
Part XI · Reconciliation of net assets $10,894,982 net assets at year end
XI-1 Total revenue$723,034
XI-2 Total expenses$1,313,435
XI-3 Revenue less expenses−$590,401
XI-4 Net assets at start of year$11,790,198
XI-5 Net unrealized gains (losses) on investments−$254,969
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$49,846
XI-10 Net assets at end of year$10,894,982

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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