Temple Israel Foundation: Nonprofit Profile, Financials & Form 990 (EIN 41-1769841)

Revenue by fiscal year
FY2020	$1.8M
FY2021	$1.2M
FY2022	$642K
FY2023	$974K
FY2024	$106K
FY2024	$1.2M

Expenses by fiscal year
FY2020	$666K
FY2021	$783K
FY2022	$857K
FY2023	$914K
FY2024	$952K
FY2024	$1.1M

Net assets by fiscal year
FY2020	$13.9M
FY2021	$16.3M
FY2022	$13.8M
FY2023	$15.0M
FY2024	$15.9M
FY2024	$17.1M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1994.

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

Where the money goes

63 cents of each dollar spent went to programs.

63%

26%

Program services 63% · $686K Management & general 26% · $279K Fundraising 11% · $125K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation

Marc Hasko

President

$0Pt VII · Sec A

Cindy Shaprio

Immediate Past President

$0Pt VII · Sec A

Bob Edelstein

Treasurer

$0Pt VII · Sec A

Anne Stanfield

Temple President

$0Pt VII · Sec A

Jeri Glick-Anderson

Temple Board Rep

$0Pt VII · Sec A

Dana Rubin

Stewardship/Legacy Chair

$0Pt VII · Sec A

Alan Silver

Vice President

$0Pt VII · Sec A

Karen Grabow

Nominations Chair

$0Pt VII · Sec A

See Temple Israel Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Supports Temple Israel and its role as a voice for Jewish values in Minneapolis.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $686K · in their own filed words · FY2024

01

The foundation gives grants to temple israel to support the advancement of its mission, vision and values. This includes general operating support, advancing temple israel's educational and community programs and supporting its worship services.

$686Kprogram expense

02

The foundation supports jewl (jewish experiential whole-person learning), temple israel's educational programming for learners in grades k-12. Jewl provides instruction in jewish studies, including hebrew.

Pt IX · col B

03

The foundation provides grants to temple israel to allocate scholarships based on financial need in order to assure that congregants of all ages have access to programs and services at temple israel and throughout the jewish community.

Pt IX · col B

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 · FY2024

Minneapolis Jewish FederationFY2024$402K

T Rowe Price Program for Charitable Giving INCFY2024$25K

Donor Advised Charitable Giving INCFY2024$16K

Fidelity Investments Charitable Gift FundFY2024$10K

Total grants receivedfrom 4 funders$453K

See all 4 funders →

Grants paid · 6 grants · $3.4M · 2019–2024

Temple IsraelMN · FY2024$685,745

Temple IsraelMN · FY2023$639,050

Temple IsraelMN · FY2022$609,204

Temple IsraelMN · FY2021$558,195

Temple IsraelMN · FY2020$495,331

Temple IsraelMN · FY2019$433,090

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.2M

Ln 12

Gifts and grantsLn 1h$604K

Investment incomeLn 3$551K

Money outPt IX

$1.1M

Ln 25

Programscol B$686K

Managementcol C$279K

Fundraisingcol D$125K

Owns and owesPt X

$17.1M

net assets · Ln 32

Cash and savingsLn 1–2$377K

Total assetsLn 16$17.1M

LiabilitiesLn 26$0

PeoplePt VI, VII

20

listed · VII A

PaidVII A0

Voting boardVI 1a20

IndependentVI 1b20

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$604K

Noncash giftsLn 1g$430K

Investment incomeLn 3$551K

Gains on assetsLn 7$84K

Total revenueLn 12$1.2M

Assets in detailPt X, end of year

SavingsLn 2$377K

Cash and savings togetherLn 1–2$377K

InvestmentsLn 11–13$16.6M

Other assetsLn 15$11K

Total assetsLn 16$17.1M

LiabilitiesLn 26$0

Net assetsLn 32$17.1M

OperationsPt I, VI

EmployeesI 50

VolunteersI 620

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$357K	$377K
InvestmentsLn 11–13	$15.6M	$16.6M
Total assetsLn 16	$16.1M	$17.1M
LiabilitiesLn 26	$182K	$0
Net assetsLn 32	$15.9M	$17.1M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$686K	$686K
Accounting feesLn 11c	$14K		$14K
Investment management feesLn 11f	$108K		$108K
Other fees for servicesLn 11g	$278K		$153K	$125K
Office expensesLn 13	$724		$724
InsuranceLn 23	$4K		$4K
Total functional expensesLn 25	$1.1M	$686K	$279K	$125K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024	$106K	$952K	−$846K	$15.9M	990 PDF
FY2023	$974K	$914K	$60K	$15.0M	990 PDF
FY2022	$642K	$857K	−$215K	$13.8M	990 PDF
FY2021	$1.2M	$783K	$370K	$16.3M	990 PDF
FY2020	$1.8M	$666K	$1.1M	$13.9M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

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

See the full FY2024 990 (6 parts)

Part I · Summary $1,154,592 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $345,879$603,589

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year −$239,619$551,003

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $106,260$1,154,592

I-13 Grants and similar amounts paidPrior year $639,050$685,745

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $312,996$403,629

I-18 Total expensesPrior year $952,046$1,089,374

I-19 Revenue less expensesPrior year −$845,786$65,218

Part VI · Governance 20 of 20 board members independent, 3 to look at

VI-1a Voting members of the governing body20

VI-1b Independent voting members20

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

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

Part VIII · Statement of revenue $1,154,592 across 6 lines filed

VIII-1f All other contributions, gifts and grants$603,589

VIII-1g Noncash contributions (included above)$430,168

VIII-1h Total contributions, gifts and grants$603,589

VIII-3 Investment incomeExcluded from tax $467,289$467,289

VIII-7 Net gain or loss on sales of assetsExcluded from tax $83,714$83,714

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $551,003$1,154,592

Part IX · Statement of functional expenses $1,089,374 across 6 lines filed

IX-1 Grants to domestic organizationsPrograms $685,745$685,745

IX-11c Accounting feesManagement $13,526$13,526

IX-11f Investment management feesManagement $107,820$107,820

IX-11g Other fees for servicesManagement $152,707 · Fundraising $125,000$277,707

IX-13 Office expensesManagement $724$724

IX-23 InsuranceManagement $3,852$3,852

IX-25 Total functional expensesPrograms $685,745 · Management $278,629 · Fundraising $125,000$1,089,374

Part X · Balance sheet $17,112,911 assets, 12 lines filed

X-2 Savings and temporary cash investmentsStart of year $357,361$376,957

X-3 Pledges and grants receivableStart of year $133,810$104,306

X-11 Publicly traded securitiesStart of year $15,608,549$16,620,938

X-15 Other assetsStart of year $0$10,710

X-16 Total assetsStart of year $16,103,572$17,112,911

X-17 Accounts payable and accrued expensesStart of year $3,500$0

X-25 Other liabilitiesStart of year $178,194$0

X-26 Total liabilitiesStart of year $181,694$0

X-27 Net assets without donor restrictionsStart of year $861,421$1,071,709

X-28 Net assets with donor restrictionsStart of year $15,060,457$16,041,202

X-32 Total net assets or fund balancesStart of year $15,921,878$17,112,911

X-33 Total liabilities and net assetsStart of year $16,103,572$17,112,911

Part XI · Reconciliation of net assets $17,112,911 net assets at year end

XI-1 Total revenue$1,154,592

XI-2 Total expenses$1,089,374

XI-3 Revenue less expenses$65,218

XI-4 Net assets at start of year$15,921,878

XI-5 Net unrealized gains (losses) on investments$1,125,815

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$17,112,911

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

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Temple Israel Foundation

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV