2024-03-22T18:33:26-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-07-01 203992763 JEWISH FOUNDATION FOR GROUP HOMES ENDOWMENT INC JEWI 2402836000 1500 EAST JEFFERSON STREET ROCKVILLE MD 20852 DENNIS SPEISMAN CHAIR 2402836000 2024-03-19 1 DENNIS SPEISMAN XXX-XX-XXXX 0 ROBERT WILLIAMS P01345960 5712279500 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID ERVIN 1500 EAST JEFFERSON STREET ROCKVILLE MD 20852 514711 0 X N/A X 2005 MD TO RAISE AND STEWARD ENDOWMENT FUNDS FOR THE BENEFIT OF JFGH, INC. (D.B.A. MAKOM) 10 10 0 10 0 0 0 0 0 0 226685 88129 364 13 227049 88142 128648 154518 0 0 0 0 0 0 0 32334 6410 160982 160928 66067 -72786 16474547 17483044 13739430 14603065 2735117 2879979 TO RAISE AND STEWARD ENDOWMENT FUNDS FOR THE BENEFIT OF JEWISH FOUNDATION FOR GROUP HOMES, INC. (D.B.A. MAKOM). 0 0 154518 154518 INVESTMENT: FOLLOWING THE INVESTMENT POLICY OF JFGH ENDOWMENT, INC. MAINTAIN AN INVESTMENT PORTFOLIO TO GENERATE EARNINGS SUFFICIENT TO SUPPORT AN ANNUAL SPENDING POLICY TO BENEFIT JEWISH FOUNDATION FOR GROUP HOMES, INC (D.B.A. MAKOM). 154518 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X DIANE RUBINSTEIN 2402836004 1500 EAST JEFFERSON STREET ROCKVILLE MD 20852 DENNIS SPEISMAN CHAIR 2.00 1.00 X X 0 0 0 LESLIE KAPLAN VICE-CHAIR 1.00 1.00 X X 0 0 0 DANIEL ABRAMOWITZ TRUSTEE 2.00 0.00 X 0 0 0 JOHN KING TRUSTEE 1.00 0.00 X 0 0 0 LARRY PAUL TRUSTEE 1.00 0.00 X 0 0 0 STEFAN TUCKER TRUSTEE 1.00 1.50 X 0 0 0 LISA REINER TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY GOLDBERG TRUSTEE 1.00 0.00 X 0 0 0 RABBI SIMON TRUSTEE 1.00 0.00 X 0 0 0 MARK RABIN TRUSTEE 1.00 0.00 X 0 0 0 DAVID ERVIN MAKOM'S CEO 1.50 40.00 X 0 248955 37330 LEWIS FONTEK MAKOM'S CDO 1.00 40.00 X 0 152747 18935 DIANE RUBINSTEIN MAKOM'S CFO 1.00 40.00 X 0 168456 33588 0 570158 89853 0 0 1 0 0 41545 41545 473153 426569 46584 46584 46584 MISCELLEANOUS INCOME 990009 13 13 13 88142 0 0 88142 154518 154518 6410 6410 160928 154518 6410 0 932590 1281447 15356078 16192814 175000 0 10879 8783 16474547 17483044 13739430 14603065 13739430 14603065 X 2735117 2879979 2735117 2879979 16474547 17483044 -72786 217648 0 X 0 1 X 1 0 X X X 1 JFGH INC (DBA MAKOM) 521263608 10 1 154518 0 1 154518 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2735117 305791 160929 2879979 3289261 -393527 160617 2735117 2737885 686075 134699 3289261 2635811 206625 104551 2737885 0.65155 0.34845 0 0 0 BENEFICIAL INT. ASSETS JFGH-E 14603065 14603065 X PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED FOR THE ORGANIZATION'S GENERAL OR SPECIFIC CHARITABLE PURPOSES. JFGH-E'S SPENDING POLICY FOR ENDOWMENTS DESIGNED TO STABILIZE ANNUAL SPENDING LEVELS AND PRESERVE THE REAL VALUE OF THE ENDOWMENT OVER TIME. IN ACCORDANCE WITH THE JFGH-E'S POLICY, A PREDETERMINED ENDOWMENT SPENDING RATE HAS BEEN ESTABLISHED. THE ENDOWMENT SPENDING RATE IS CALCULATED AT 5% OF THE TOTAL FAIR VALUE OF THE AVAILABLE FUNDS MANAGED BY JFGH-E BASED ON A THREE-YEAR ROLLING AVERAGE. PART X, LINE 2: THE CONSOLIDATED FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2023, JFGH-E HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSUURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. JFGH-E FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. JFGH-E EVALUATED ITS TAX POSITIONS AND DETERMINED THAT THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED O EXAMINATION. JFGH-E'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. 1 JEWISH FOUNDATION FOR GROUP HOMES INC (DBA MAKOM) 1500 EAST JEFFERSON STREET ROCKVILLE MD 20852 521263608 501(C)(3) 154518 0 N/A N/A GENERAL OPERATING SUPPORT 1 0 PART I, LINE 2: ENDOWMENT SPENDING POLICY AS APPLIED TO PERMANENT AND TERM ENDOWMENT NET ASSETS. 0 0 0 0 0 0 0 0 0 DAVID ERVIN MAKOM'S CEO 0 237184 0 11771 0 0 0 20500 0 16830 0 286285 0 0 DIANE RUBINSTEIN MAKOM'S CFO 0 168456 0 0 0 0 0 20400 0 13188 0 202044 0 0 LEWIS FONTEK MAKOM'S CDO 0 152747 0 0 0 0 0 17691 0 1244 0 171682 0 0 PART I, LINE 3 THE CEO OF THE JEWISH FOUNDATION FOR GROUP HOMES, INC. (D.B.A. MAKOM), A RELATED TAX-EXEMPT ORGANIZATION, IS THE CEO OF THE FILING ORGANIZATION. THE CEO'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE AND IS APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990, PREPARED BY ITS AUDITORS, IS REVIEWED BY MAKOM'S CHIEF FINANCIAL OFFICER AND ITS DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. JEWISH FOUNDATION FOR GROUP HOMES INC (DBA MAKOM) 1500 EAST JEFFERSON STREET ROCKVILLE MD 20852 521263608 TO SUPPORT AND EMPOWER PEOPLE WITH INTELLECTUAL & DEVELOPMENTAL DISABILITIES MD LINE 10 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 JEWISH FOUNDATION FOR GROUP HOMES INC (DBA MAKOM) B 154518 CASH