2024-05-08T15:01:25-05:00 2023-12-31 920460586 PWC US TAX LLP 4300 E CAMELBACK ROAD STE 475 PHOENIX AZ 85018 990 2023-01-01 346507680 JFC-RICHMAN NATHAN G #1 TA RICH 2166897639 4900 TIEDEMAN ROAD OH-01-49-0381 BROOKLYN OH 44144 KEYBANK BYP S CHMURA VICE PRESIDENT 2166897639 2024-05-08 true true JEFFREY E KUHLIN P00353001 4123556000 2024-05-08 X 2023 2023-04-26 12:10:37Z KEYBANK N A TRUSTEE 950503 false X N/A X 1927 OH GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED MAY 2, 1927. THE TRUST AGREEMENT REQUIRES KEYBANK, AS TRUSTEE TO DISTRIBUTE NET INCOME TO THE JEWISH COMMUNITY FEDERATION OF CLEVELAND, OHIO IN ORDER TO CARRY ON THE FUNCTION IN WHICH THE JEWISH COMMUNITY IS NOW ENGAGED, OF PROVIDING MEANS AND ASSISTANCE TO WORTHY CHARITABLE ORGANIZATIONS CONDUCTED FOR THE BENEFIT OF JEWISH PEOPLE IN AND ABOUT CLEVELAND, OHIO UNDER THE OHIO INSTITUTIONAL TRUST FUND ACT OF 1999, THE BENEFICIARIES HAVE CHOSEN TO RECEIVED THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME. PLEASE NOTE THE CHARITIES HAVE A RIGHT TO REMOVE THE TRUSTEE, AND THE TRUSTEE HAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THE CONTINUATION TO QUALIFY AS A 509(A)3 ORGANIZATION. 1 0 0 0 0 0 0 63218 173469 4449 63218 177918 138020 120282 0 9903 6553 0 0 1050 1050 148973 127885 -85755 50033 2339948 2389427 0 0 2339948 2389427 X GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED MAY 2, 1927. THE TRUST AGREEMENT REQUIRES KEYBANK, AS TRUSTEE TO DISTRIBUTE NET INCOME TO THE JEWISH COMMUNITY FEDERATION OF CLEVELAND, OHIO IN ORDER TO CARRY ON THE FUNCTION IN WHICH THE JEWISH COMMUNITY IS NOW ENGAGED, OF PROVIDING MEANS AND ASSISTANCE TO WORTHY CHARITABLE ORGANIZATIONS CONDUCTED FOR THE BENEFIT OF JEWISH PEOPLE IN AND ABOUT CLEVELAND, OHIO UNDER THE OHIO INSTITUTIONAL TRUST FUND ACT OF 1999, THE BENEFICIARIES HAVE CHOSEN TO RECEIVED THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME. PLEASE NOTE THE CHARITIES HAVE A RIGHT TO REMOVE THE TRUSTEE, AND THE TRUSTEE HAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THE CONTINUATION TO QUALIFY AS A 509(A)3 ORGANIZATION. false false 120282 120282 TRUST DISTRIBUTES NET INCOME TO JEWISH COMMUNITY FEDERATION AS REQUIRED IN THE TRUST AGREEMENT AND THE SUPPORT AS OUTLINED IN THE PRIMARY EXEMPT PURPOSE. 120282 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true false false false false false false OH X X KEYBANK NA 2168134556 4900 TIEDEMAN RD OH-01-49-0381 BROOKLYN OH 44144 KEYBANK N A TRUSTEE 1.0 X 6553 0 0 6553 0 0 false false false 29594 29594 916460 772585 143875 143875 143875 4449 4449 4449 177918 177918 120282 120282 6553 6553 1050 1050 127885 120282 7603 0 107467 116854 674201 2272573 1558280 2339948 2389427 0 0 X 2339948 2389427 2339948 2389427 2339948 2389427 X 50033 -554 X false false false X X 1 JEWISH COMMUNITY FEDERATI 340714445 8 true 120282 0 1 120282 0 true false false false false false false false false false false true false false false false true false true 0 0 23707 34043 23707 34043 0 10953 7603 0 12754 26440 2430229 2368584 0 0 2430229 2368584 0 0 2430229 2368584 36453 35529 2393776 2333055 83782 81657 0 83782 81657 12754 10841 83782 83782 0 83782 120282 0 0 0 0 0 120282 120282 83782 1.0 83782 0 0 0 64806 114713 138020 317539 0 83782 0 233757 120282 0 120282 0 0 354039 0 0 95737 138020 120282 Line 2 KeyBank representatives have completed an extensive, internal review of supporting organization accounts. This was done in concert with in house counsel and individual determination were made with respect to the relationships. The beneficiary has the right to remove the Trustee and the Trustee has the right to amend the Trust to insure the continuation of 509(a)(3) status. Line 3 KeyBank, as Trustee, welcomes the input of the charitable beneficiary as to the investments. Line 8 KeyBank, as Trustee, maintains a close and continuous working relationship with Jewish Federation of Cleveland. The supporting organization maintains a significant voices as they have the right to remove the Trustee and replace with another corporate Trustee. The Trustee has the authority to amend the document to insure the continuation of 509(a)(3). Line 8 continued status. The supported organization receives the periodic statements reflecting all activity in the trust regarding income, expenses, and investments. KeyBank welcomes the input of the supporting organization as to investments. true JEWISH FEDERATION OF CLEVELAND 25701 SCIENCE PARK DR CLEVELAND OH 441227302 340714445 170(b)(1)(A) 120282 PROVIDE MEANS AND ASSISTANCE TO CHARITIES FBO JEWISH PEOPLE EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 Grants are made to 501(c)3 organizations that are named in the trust document. Our administrative representatives are in periodic contact with representatives of the charities in order to be in compliance with the trust provisions. Part VI Line 12a No conflict of interest policy exists for the trust. Keybank N A has a corporate conflict of interest policy. Part VI, Line 14 The trust has no written document retention or destruction policy. Keybank N A has a corporate document retention and destruction policy. Part VI, Line 15 a and b Keybank is sole Trustee, is compensated as such, and makes all decisions with respect to the operation and administration of the trust. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a KEYBANK IS SOLE TRUSTEE FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW ALL RETURNS ARE PREPARED AND THOROUGHLY REVIEWED BY OUR TAX VENDOR AND/OR INTERNAL PROFESSIONAL TAX DEPARTMENT. FORM 990, PAGE 6, PART VI, LINE 15a KeyBank is sole Trustee, is compensated as such, and makes alldecisions with respect to the operation and administration of the trust. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST BY MAIL OR BY PHONE AND DELIVERED WITHIN 2 WEEKS OF THE REQUEST. EXPLANATION FOR FORM 990, PART XI, LINE 9 PY ROC ADJUSTMENT ($47) ROC ON CY SALES ADJUSTMENT ($285) COST BASIS ADJUSTMENT ($222)