Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... | 24,662,047 | 57,624,996 | 28,155,765 | 38,692,159 | 29,507,909 | 178,642,876 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 24,662,047 | 57,624,996 | 28,155,765 | 38,692,159 | 29,507,909 | 178,642,876 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 12,910,202 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 165,732,674 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 24,662,047 | 57,624,996 | 28,155,765 | 38,692,159 | 29,507,909 | 178,642,876 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 6,798,494 | 6,340,223 | 7,663,265 | 7,580,065 | 6,715,671 | 35,097,718 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 587,601 | 7,196,557 | 434,113 | 362,390 | 77,324 | 8,657,985 |
| 11 | Total support Add lines 7 through 10. | 225,644,972 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513.. | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e | Discount claimed for blockage or other factors (explain in detail in Part VI): | |||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| 7 | Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) | |||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2014 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2014 |
(iii) Distributable Amount for 2014 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2014 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2014: | ||||
| a From 2009.......X | ||||
| b From 2010.......X | ||||
| c From 2011.......X | ||||
| d From 2012.......X | ||||
| e From 2013....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2014 distributable amount | ||||
|
i
Carryover from 2009 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2014 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2014 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
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|
6
Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2015. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a From 2010.......X | ||||
| b From 2011.......X | ||||
| c From 2012.......X | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | MISCELLANEOUS - 2010 AMOUNT: $ 587,601. 2011 AMOUNT: $ 7,196,557. 2012 AMOUNT: $ 434,113. 2013 AMOUNT: $ 362,390. 2014 AMOUNT: $ 77,324. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1 | AS SUCH, THE JEWISH FEDERATION ACTS AS A CONVENER, FUNDRAISER AND FUNDER FOR NUMEROUS LOCAL, NATIONAL AND OVERSEAS JEWISH PROGRAMS AND SEEKS TO PARTNER WITH COMMUNITY INSTITUTIONS TO ADDRESS CRITICAL COMMUNITY NEEDS. CONVENER: THE JEWISH FEDERATION IS UNIQUELY POSITIONED TO BRING TOGETHER HUNDREDS AND EVEN THOUSANDS OF GREATER PHILADELPHIA COMMUNITY MEMBERS TO BOTH STRENGTHEN AND CELEBRATE JEWISH LIFE. EXAMPLES INCLUDE ORGANIZING LARGE-SCALE, HANDS-ON VOLUNTEER OPPORTUNITIES; HOSTING COMMUNITY-WIDE CELEBRATORY AND FUNDRAISING EVENTS; AND GALVANIZING SPECIAL EMERGENCY EFFORTS, SUCH AS RALLIES DURING TIMES OF WAR IN ISRAEL. ADDITIONALLY, THE JEWISH FEDERATION CONVENES SMALLER AFFINITY GROUPS OF LIKE-MINDED COMMUNITY MEMBERS, SUCH AS WOMEN, YOUNG ADULTS AND REAL ESTATE PROFESSIONALS. FUNDRAISER: EACH YEAR THE JEWISH FEDERATION BRINGS IN TENS OF MILLIONS OF DOLLARS THROUGH ITS ANNUAL AND ENDOWMENT CAMPAIGNS. FOR THE ANNUAL CAMPAIGN, JEWISH FEDERATION STAFF AND VOLUNTEERS RAISE DOLLARS THROUGH ONE-ON-ONE MEETINGS, PHON-A-THONS, EVENTS AND MAILINGS. THESE ANNUAL CAMPAIGN DOLLARS ARE ESSENTIALLY PUT TO IMMEDIATE USE TO ADDRESS THE JEWISH FEDERATION'S PRIORITIES. THROUGH THE ENDOWMENT CAMPAIGN, THE FEDERATION ENDOWMENTS CORPORATION GENERATES AND DISTRIBUTES ENDOWMENTS AND PLANNED GIFTS THAT IDEALLY SECURE THE COMMUNITY'S FUTURE. THE JEWISH FEDERATION STRIVES TO MATCH DONORS' PHILANTHROPIC PASSIONS AND INTERESTS WITH THE NEEDS OF THE COMMUNITY. FUNDER: THE JEWISH FEDERATION'S POLICY, STRATEGY AND FUNDING COMMITTEE PARTNERS WITH THE JEWISH FEDERATION'S THREE CENTERS FOR EXCELLENCE -- JEWISH LIFE & LEARNING, SOCIAL RESPONSIBILITY AND ISRAEL & OVERSEAS -- AND THE JEWISH FEDERATION'S RESEARCH AND EVALUATION DEPARTMENT TO ESTABLISH THE JEWISH COMMUNITY'S MOST PRESSING NEEDS IN GREATER PHILADELPHIA, IN ISRAEL AND AROUND THE WORLD, AND DIRECT JEWISH FEDERATION FUNDS TO THESE NEEDS. UPON THE APPROVAL OF THE JEWISH FEDERATION'S BOARDS OF DIRECTORS AND TRUSTEES, THE COMMITTEE DIRECTS FUNDS TO THE PROGRAMS THAT HAVE DEMONSTRATED THEY CAN BEST ADDRESS THE PRIORITIES. CURRENTLY THESE PRIORITIES ARE PROVIDING A SAFETY-NET FOR SENIORS, LOW-INCOME FAMILIES AND DISADVANTAGED YOUTH LOCALLY, IN ISRAEL AND WORLDWIDE; AND ENHANCING JEWISH LIFE AND LEARNING LOCALLY AND IN ISRAEL. |
| FORM 990, PART VI, SECTION A, LINE 2 | AARON, BENNETT L. / AARON, CAROL - FAMILY RELATIONSHIP BARRACK, LEONARD / BARRACK, MICHELLE / BARRACK, LYNNE - FAMILY RELATIONSHIP BERMAN, BRYNA / BERMAN, SHARYN - FAMILY RELATIONSHIP BOROWSKY, IRVIN / BOROWSKY, GWEN - FAMILY RELATIONSHIP CONSTON, SHIRLEY / CONSTON, STUART - FAMILY RELATIONSHIP DISHLER, BERNARD / DISHLER, LANA - FAMILY RELATIONSHIP ERLBAUM, GARY / ERLBAUM DANIEL - FAMILY RELATIONSHIP FISHMAN, ANNABELLE / FISHMAN, MARK - FAMILY RELATIONSHIP GOLDER, ROBERT B. / SAFT, ELLYN G. - FAMILY RELATIONSHIP KRAMER, ARNOLD H./ KRAMER, KAREN G. - FAMILY RELATIONSHIP LAVER, ADAM / LAVER, SARA - FAMILY RELATIONSHIP LINCOW, BARBARA / COLE, JASON - FAMILY RELATIONSHIP MALMUD, JO-ANN / MALMUD, LEONARD - FAMILY RELATIONSHIP MINKOFF, JAY B. / MINKOFF, SARA - FAMILY RELATIONSHIP NEFF, ROY / NEFF, ROSALIND - FAMILY RELATIONSHIP NORRY, DR. ELLIOT C. / NORRY, GAIL - FAMILY RELATIONSHIP ROSS, LYN / ROSS, MICHAEL J. FAMILY RELATIONSHIP SCHNEIROV, ALLAN / SCHNEIROV, MIRIAM - FAMILY RELATIONSHIP SCHWARTZ, JEFFREY I. / SCHWARTZ, SUSAN - FAMILY RELATIONSHIP SHAPIRO, RAYMOND / SHAPIRO, JUDIE - FAMILY RELATIONSHIP SILVERBERG, MICHAEL / ZAPPIN, ROBIN - FAMILY RELATIONSHIP |
| FORM 990, PART VI, SECTION A, LINE 7B | RELATIONSHIP BETWEEN THE JEWISH FEDERATION'S BOARD OF DIRECTORS AND BOARD OF TRUSTEES: THE JEWISH FEDERATION IS GOVERNED BY THE BOARD OF DIRECTORS. ACCORDING TO JEWISH FEDERATION'S BY-LAWS, ARTICLE 4.01, JEWISH FEDERATION'S BOARD OF TRUSTEES HAS THE POWER TO: - APPROVE JEWISH FEDERATION'S BUDGET - APPROVE JEWISH FEDERATION'S ALLOCATIONS - ELECT OFFICERS AND TRUSTEES - RESOLVE MAJOR POLICY ISSUES REFERRED BY THE BOARD OF DIRECTORS - EXPLORE AND PROVIDE DIRECTION FOR DEALING WITH MAJOR COMMUNITY CONCERNS - APPROVE LONG RANGE PLANS FOR THE JEWISH FEDERATION - AMEND JEWISH FEDERATION'S BY-LAWS IF THE TRUSTEES DO NOT APPROVE A DECISION MADE BY THE DIRECTORS, THE ITEM GOES BACK TO THE DIRECTORS FOR FURTHER DISCUSSION AND REVISION. THE ITEM IS THEN BROUGHT BACK TO THE TRUSTEES FOR ANOTHER VOTE. THIS PROCESS CAN CONTINUE UNTIL THE MATTER HAS BEEN RESOLVED. THE BOARD OF TRUSTEES HAS UP TO 250 MEMBERS, INCLUDING ALL DIRECTORS, ALL PAST JEWISH FEDERATION CAMPAIGN CHAIRS, AND THE PRESIDENT OF EACH LOCAL BENEFICIARY AGENCY. NON-VOTING HONORARY TRUSTEES MAY PARTICIPATE IN DISCUSSION PRIOR TO A VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11 | EACH YEAR THE JEWISH FEDERATION HAS VARIOUS TAX FILING REQUIREMENTS. THE TAX RETURNS ARE COMPLETED BY A TAX ACCOUNTING FIRM USING INFORMATION AUDITED BY AN INDEPENDENT AUDITING FIRM. THESE CAN BE THE SAME OR SEPARATE FIRMS AS SELECTED BY THE AUDIT COMMITTEE OF JEWISH FEDERATION. THE 990 IS PRESENTED BY THE TAX ACCOUNTING FIRM TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. AFTER THEIR REVIEW, THEY ARE PROVIDED TO THE BOARD OF DIRECTORS VIA E-MAIL OR MAIL FOR COMMENT AND THEN FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | PROCEDURE FOR REGULARLY AND CONSISTENTLY MONITORING THE ENFORCEMENT OF CONFLICT OF INTEREST POLICY: PROCEDURE FOR BOARD OF TRUSTEES AND BOARD OF DIRECTORS: 1. PRIOR TO THE FIRST BOARD OF TRUSTEES MEETING AND THE FIRST BOARD OF DIRECTORS MEETING FOR EACH FISCAL YEAR, JEWISH FEDERATION DISTRIBUTES THE STATEMENT OF ETHICAL GUIDELINES TO ALL NEW AND RENEWING BOARD MEMBERS. BOARD MEMBERS ARE ASKED TO READ THE DOCUMENT, COMPLETE AND SIGN THE CONFLICT OF INTEREST STATEMENT, AND RETURN THE COMPLETED DOCUMENT TO JEWISH FEDERATION. THIS CAN BE DONE ONLINE OR VIA US MAIL. 2. ONE MONTH AFTER THE CONFLICT OF INTEREST STATEMENT IS DISTRIBUTED TO ALL BOARD MEMBERS, THE DOCUMENT IS SENT A SECOND TIME TO ANY BOARD MEMBERS WHO DID NOT COMPLETE, SIGN AND RETURN THE CONFLICT OF INTEREST STATEMENT. 3. ALL RESPONSES ON THE CONFLICT OF INTEREST STATEMENT ARE COMPILED AND THEN REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. A COMPREHENSIVE REPORT IS PROVIDED TO THE ETHICS COMMITTEE FOR REVIEW AND ANY REQUIRED ACTION STEPS. 4. THE SIGNED CONFLICT OF INTEREST STATEMENTS ARE KEPT ON FILE FOR A PERIOD OF 7 YEARS. PROCEDURE FOR JEWISH FEDERATION EMPLOYEES: 1. IN CONCURRENCE WITH THE BOARD OF TRUSTEES AND BOARD OF DIRECTORS, THE DIRECTOR OF HUMAN RESOURCES DISTRIBUTES THE STATEMENT OF ETHICAL GUIDELINES VIA EMAIL AND REQUESTS THAT ALL EMPLOYEES REVIEW THE DOCUMENT AND COMPLETE AND SIGN THE CONFLICT OF INTEREST STATEMENT VIA ELECTRONIC SURVEY. 2. ALL JEWISH FEDERATION EMPLOYEE RESPONSES ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES AND THE CHIEF FINANCIAL OFFICER. A COMPREHENSIVE REPORT IS PROVIDED TO THE ETHICAL GUIDELINES AND PRACTICES COMMITTEE FOR REVIEW AND ANY REQUIRED ACTION STEPS. 3. THE ELECTRONIC RESPONSES TO THE CONFLICT OF INTEREST STATEMENT ARE KEPT ON FILE FOR A PERIOD OF 7 YEARS. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION: AS IS THE CASE WITH ALL EMPLOYEES, THE JEWISH FEDERATION IS COMMITTED TO PROVIDING MEMBERS OF THE EXECUTIVE MANAGEMENT TEAM (INCLUDING CHIEF EXECUTIVE OFFICER, OFFICERS AND KEY EMPLOYEES) WITH A FAIR AND REASONABLE BASE PAY OPPORTUNITY; REFLECTIVE OF EACH JOB'S VALUE TO THE ORGANIZATION AND CONSISTENT WITH PREVAILING LABOR MARKET/INDUSTRY COMPENSATION PRACTICES. PAY DECISIONS ARE MADE ON THE BASIS OF EMPLOYEES' QUALIFICATIONS AND ACTUAL PERFORMANCE. THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION INCLUDES THREE ELEMENTS: (1) USE OF DATA TO DETERMINE COMPARABLE COMPENSATION, (2) REVIEW AND APPROVAL BY THE JEWISH FEDERATION'S COMPENSATION COMMITTEE, AND (3) DOCUMENTATION AND RECORDKEEPING. 1. USE OF DATA TO DETERMINE COMPARABLE COMPENSATION: JEWISH FEDERATION WILL REVIEW CEO COMPENSATION DATA ON AN ANNUAL BASIS AND PROVIDE A SUMMARY OF THE DATA TO THE COMPENSATION COMMITTEE. CEO DATA WILL BE PROVIDED THROUGH JEWISH FEDERATIONS OF NORTH AMERICA'S ANNUAL EXECUTIVE COMPENSATION SURVEY AND OTHER SIMILARLY SITUATED ORGANIZATIONS. DATA FOR OTHER EXECUTIVE POSITIONS WILL BE COLLATED BY AN INDEPENDENT CONSULTANT AT LEAST EVERY TWO YEARS. 2. REVIEW AND APPROVAL OF EXECUTIVE COMPENSATION: A) CEO: THE COMPENSATION COMMITTEE WILL DISCUSS, NO LATER THAN AUGUST, UNLESS EMPLOYEE CONTRACT STATES OTHERWISE, THE PRESIDENT'S RECOMMENDATION REGARDING THE CEO'S SALARY AND BONUS. THE COMMITTEE WILL BE PROVIDED WITH COMPARABLE DATA PRIOR TO APPROVING ANY RECOMMENDATIONS. AT THE TIME OF THE DISCUSSION AND DECISION CONCERNING THE CEO'S COMPENSATION, THE CEO SHOULD NOT BE PRESENT. AT ALL TIMES COMMITTEE MEMBERS MUST DISCLOSE ANY CONFLICTS OF INTEREST. B) OTHER EXECUTIVES: THE COMPENSATION COMMITTEE WILL ALSO DISCUSS, NO LATER THAN AUGUST, THE CEO'S RECOMMENDATIONS FOR EXECUTIVE SALARIES AND BONUSES WHICH BECOME EFFECTIVE THE FIRST FULL PAYROLL IN SEPTEMBER. THIS COMMITTEE WILL ALSO REVIEW ALL MULTI-YEAR CONTRACTS FOR ANY NEW MEMBER OF THE EXECUTIVE TEAM. NO MEMBER OF THE EXECUTIVE TEAM, OTHER THAN THE CEO, MAY BE PRESENT DURING THIS DISCUSSION. AT ALL TIMES COMMITTEE MEMBERS MUST DISCLOSE ANY CONFLICTS OF INTEREST. 3. DOCUMENTATION AND RECORDKEEPING: MINUTES OF COMPENSATION COMMITTEE MEETINGS WILL BE COMPLETED NO LATER THAN 60 DAYS FOLLOWING DISCUSSIONS AND DECISION-MAKING. EXECUTIVE PERFORMANCE APPRAISALS, BONUSES AND SALARY ADJUSTMENTS REMAIN ON FILE IN THE HUMAN RESOURCES DEPARTMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC DISCLOSURE: JEWISH FEDERATION BELIEVES IN FULL DISCLOSURE AND TRANSPARENCY. THEREFORE, AT ANY TIME, ANYONE CAN REQUEST A COPY OF FORM 990, FORM 990T, AUDITED FINANCIAL STATEMENTS, FORM 1023, GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AND IT WILL BE PROVIDED TO THEM. IT IS OUR POLICY TO RECEIVE THE REQUEST IN WRITING, SIGNED BY THE REQUESTOR, TO THE OFFICE OF THE CHIEF EXECUTIVE OFFICER OR THE OFFICE OF THE CHIEF FINANCIAL OFFICER. WE WILL RELEASE A COPY WITHIN A REASONABLE TIME BUT NOT TO EXCEED TEN BUSINESS DAYS. OUR ANNUAL AUDITED FINANCIAL STATEMENTS AND OUR FORM 990 MAY ALSO BE FOUND ON OUR WEBSITE WWW.JEWISHPHILLY.ORG. |
| FORM 990, PART XI, LINE 9: | EQUITY ON LOSS OF EXPONENT -684,154. CHANGE IN VALUE - NON-PARTICIPATING ASSETS 1,974,986. CHANGE IN VALUE - CHARITABLE REMAINDER TRUST -95,923. CHANGE IN VALUE - CHARITABLE GIFT ANNUITIES 176,169. PROVISION FOR UNCOLLECTIBLES -646,505. GAIN ON INTEREST RATE SWAP 50,368. PENSION-RELATED CHANGES OTHER THAN NET PERIODIC COSTS -5,703,582. INVESTMENT INCOME FROM PARTNERSHIP -104,311. FORFEITED GRANTS 213,497. IN-KIND EXPENSES -1,076,952. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR PERIOD AND IS DETAILED IN SCHEDULE O, SECTION B, LINE 11. |
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