Civic Intelligence

Yeshiva Endowment Foundation Inc.

990 • Fiscal year 2010 • EIN 13-1790758

Jul 01, 2009 to Jun 30, 2010 • Filed on May 16, 2011

500 West 185th Street10033
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

2010 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$32,216,320

No earlier filing loaded for comparison.

Net Assets

$32,173,320

No earlier filing loaded for comparison.

Liabilities

$43,000

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,290,539

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $32,216,320Liabilities 2010: $43,000Net Assets 2010: $32,173,3202010Assets 2011: $33,922,893Liabilities 2011: $37,100Net Assets 2011: $33,885,7932011Assets 2012: $32,375,105Liabilities 2012: $0Net Assets 2012: $32,375,1052012Assets 2013: $34,278,209Liabilities 2013: $0Net Assets 2013: $34,278,2092013Assets 2014: $36,399,665Liabilities 2014: $0Net Assets 2014: $36,399,6652014Assets 2015: $35,532,059Liabilities 2015: $0Net Assets 2015: $35,532,0592015Assets 2016: $32,974,572Liabilities 2016: $0Net Assets 2016: $32,974,5722016Assets 2017: $32,802,148Liabilities 2017: $0Net Assets 2017: $32,802,1482017Assets 2018: $33,269,693Liabilities 2018: $0Net Assets 2018: $33,269,6932018Assets 2019: $32,452,310Liabilities 2019: $3,500Net Assets 2019: $32,448,8102019Assets 2020: $32,496,018Liabilities 2020: $700Net Assets 2020: $32,495,3182020Assets 2021: $39,506,071Liabilities 2021: $1,085Net Assets 2021: $39,504,9862021Assets 2022: $34,887,572Liabilities 2022: $2,750Net Assets 2022: $34,884,8222022Assets 2023: $34,904,168Liabilities 2023: $3,767Net Assets 2023: $34,900,4012023Assets 2024: $35,148,285Liabilities 2024: $3,200Net Assets 2024: $35,145,0852024

Highlighted filing

2010

Assets$32,216,320
Liabilities$43,000
Net Assets$32,173,320

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,290,5392010Expenses 2011: $2,159,4522011Revenue 2012: $615,692Expenses 2012: $1,945,869Net Income 2012: -$1,330,1772012Revenue 2013: $2,796,662Expenses 2013: $1,778,433Net Income 2013: $1,018,2292013Revenue 2014: $2,400,442Expenses 2014: $1,781,890Net Income 2014: $618,5522014Revenue 2015: $1,067,724Expenses 2015: $1,802,788Net Income 2015: -$735,0642015Revenue 2016: $1,046,391Expenses 2016: $1,909,237Net Income 2016: -$862,8462016Revenue 2017: $1,789,433Expenses 2017: $3,519,155Net Income 2017: -$1,729,7222017Revenue 2018: $1,049,470Expenses 2018: $1,659,491Net Income 2018: -$610,0212018Revenue 2019: $3,657,452Expenses 2019: $1,604,188Net Income 2019: $2,053,2642019Revenue 2020: $1,752,067Expenses 2020: $1,598,540Net Income 2020: $153,5272020Revenue 2021: $2,348,318Expenses 2021: $2,345,700Net Income 2021: $2,6182021Revenue 2022: $4,426,206Expenses 2022: $1,649,365Net Income 2022: $2,776,8412022Revenue 2023: $2,702,741Expenses 2023: $1,683,814Net Income 2023: $1,018,9272023Revenue 2024: $1,436,703Expenses 2024: $1,733,915Net Income 2024: -$297,2122024

Highlighted filing

2010

Revenue-
Expenses$2,290,539
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
May 16, 2011
Return Version
2009v1.7
Gross Receipts
$5,180,227
Mission and Program Overview

Mission

Endowments for the benefit of yeshiva university and the rabbi isaac elchanan theological seminary.

Filing and Contact Details

Filer

EIN
13-1790758
Raw XML AppendixShowing 400 of 695 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE YESHIVA ENDOWMENT FOUNDATION'S ENDOWMENT FUNDS ARE INTENDED FOR A VARIETY OF PURPOSES, INCLUDING, STUDENT SCHOLARSHIPS AND PRIZES, ACADEMIC CHAIRS AND THE LIBRARY.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1FORM 990, SCHEDULE D, PART XII, LINE 2D REVENUE OF WHOLLY-OWNED ENTITIES INCLUDED IN THE AUDITED FINANCIAL STATEMENTS: $56 FORM 990, SCHEDULE D, PART XIII, LINE 2D EXPENSES OF WHOLLY-OWNED ENTITIES INCLUDED IN THE AUDITED FINANCIAL STATEMENTS: $11,467
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2THE FOUNDATION'S ALTERNATIVE INVESTMENTS AND PUBLICLY TRADED SECURITIES REPRESENT OWNERSHIP INTERESTS IN THE YESHIVA UNIVERSITY'S CONSOLIDATED INVESTMENT POOL.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2INVESTMENTS
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0SCHEDULE D, PART V, LINE 4
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1SCHEDULE D, PART VII
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IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0YESHIVA ENDOWMENT FOUNDATION CONDUCTS SITE VISITS AND FOLLOW-UP DISCUSSIONS WITH THE MANAGEMENT OF GRANTEES TO ASSURE THAT GRANT FUNDS ARE USED FOR THE INTENDED TAX-EXEMPT PURPOSES.
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0IN ACCORDANCE WITH THE TERMS OF THE PRESIDENT RICHARD JOEL'S CONTRACT WITH YESHIVA UNIVERSITY, A RELATED PARTY TO THE FOUNDATION, AND IN ORDER TO PROPERLY DISCHARGE HIS REQUIRED UNIVERSITY DUTIES, THE PRESIDENT IS PROVIDED WITH A HOME AS A CONDITION OF HIS EMPLOYMENT, WHICH IS FURNISHED AND MAINTAINED AT THE UNIVERSITY'S EXPENSE. IN VIEW OF THE FACT THAT THE UNIVERSITY IS A HIGHLY VISIBLE JEWISH INSTITUTION, THE UNIVERSITY BELIEVES IT IS PRUDENT TO PROVIDE A MEASURE OF SECURITY TO THE PRESIDENT, AND UNIVERSITY RELATED INDIVIDUALS WHO TRAVEL WITH HIM. ACCORDINGLY, THE UNIVERSITY PROVIDES THE PRESIDENT WITH A SECURITY GUARD DRIVER WHEN TRAVELLING ON UNIVERSITY BUSINESS. THE PRESIDENT IS ALSO REIMBURSED FOR CERTAIN HEALTH CLUB RELATED EXPENSES. THE UNIVERSITY REIMBURSES COMPANION TRAVEL FOR THE PRESIDENT WHEN THE COMPANION IS EXPECTED TO ATTEND AND ACTIVELY PARTICIPATE IN FUNCTIONS RELATED TO YESHIVA'S MISSION AND IS FOR A BONA FIDE BUSINESS PURPOSE. IN ADDITION, THE UNIVERSITY HAS ENTERED INTO NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENTS WITH PRESIDENT RICHARD JOEL. BENEFITS UNDER THESE ARRANGEMENTS ARE SUBJECT TO A RISK OF FORFEITURE IF CERTAIN CONDITIONS ARE NOT SATISFIED AND HAVE BEEN INCLUDED AS DEFERRRED COMPENSATION IN SCHEDULE J, PART II, COLUMN C. SCHEDULE J, PART II, COLUMN B(III) INCLUDES THE FOLLOWING TAXABLE BENEFITS; UNIVERSITY CONTRIBUTIONS TO THE SUPPLEMENTAL PENSION PLAN, TUITION AND HEALTH RELATED BENEFITS, TRANSPORTATION AND LIFE INSURANCE. COLUMN C INCLUDES THE UNIVERSITY'S CONTRIBUTIONS TO A SECTION 403(B) RETIREMENT PLAN AND SECTION 457(F) DEFERRED COMPENSATION PLAN. COLUMN D INCLUDES THE FOLLOWING NON-TAXABLE BENEFITS; MEDICAL AND TUITION BENEFITS, HOUSING PROVIDED AS A CONDITION OF EMPLOYMENT AND THE USE OF A UNIVERSITY PROVIDED CELLULAR PHONE.
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IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1J MICHAEL GOWER
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IRS990ScheduleO/GeneralExplanation/Explanation0THE YESHIVA ENDOWMENT FOUNDATION'S FORM 990 WAS REVIEWED AND SIGNED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON A DRAFT PREPARED BY YESHIVA UNIVERSITY'S FINANCE DEPARTMENT AND DIRECTOR OF TAX. THE DRAFT RETURN WAS REVIEWED BY THE FOUNDATION's CHIEF FINANCIAL OFFICER AND IN-HOUSE GENERAL COUNSEL. THE FINAL VERSION OF THE FORM 990 WAS MADE AVAILABLE TO THE FOUNDATION'S BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE FORM 990, AS FILED, IS MADE AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH INTERNAL REVENUE SERVICE RULES AND REGULATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE OFFICERS AND BOARD MEMBERS OF THE YESHIVA ENDOWMENT FOUNDATION ARE SUBJECT TO THE FOLLOWING CONFLICT OF INTEREST POLICY AND PROCEDURES OF YESHIVA UNIVERSITY: TO ASSURE THE UNIVERSITY'S MANY CONSTITUENTS OF THE INTEGRITY OF ITS ENDEAVORS, THE POLICY PROVIDES THAT ALL PERSONS COVERED BY THE CONFLICT OF INTEREST POLICY ARE TO ACT AT ALL TIMES IN A MANNER CONSISTENT WITH THEIR RESPONSIBILITIES TO THE UNIVERSITY AND AVOID CIRCUMSTANCES IN WHICH THEIR FINANCIAL OR OTHER TIES TO OUTSIDE ENTITIES COULD PRESENT AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST OR IMPAIR THE UNIVERSITY'S REPUTATION. FOR EXAMPLE, COVERED PERSONS SHOULD AVOID ACTIONS OR SITUATIONS THAT MIGHT RESULT IN OR CREATE THE APPEARANCE OF: USING THEIR ASSOCIATION WITH THE UNIVERSITY FOR PRIVATE GAIN; ACCORDING UNWARRANTED PREFERENTIAL TREATMENT TO ANY OUTSIDE INDIVIDUAL OR ORGANIZATION; LOSING INDEPENDENCE OR IMPARTIALITY; OR ADVERSELY AFFECTING THE UNIVERSITY'S REPUTATION OR PUBLIC CONFIDENCE IN ITS INTEGRITY. ANY QUESTIONS ABOUT WHETHER A PARTICULAR CIRCUMSTANCE OR SITUATION WOULD CONSTITUTE A CONFLICT OF INTEREST ARE TO BE PROMPTLY DIRECTED TO THE UNIVERSITY'S GENERAL COUNSEL. ANNUALLY, EACH COVERED PERSON IS REQUIRED TO COMPLETE, SIGN AND SUBMIT TO THE GENERAL COUNSEL THE DESIGNATED FORM OF DISCLOSURE STATEMENT AND TO PROMPTLY NOTIFY THE GENERAL COUNSEL OF ANY CHANGE IN THE INFORMATION REPORTED ON SUCH PERSON'S DISCLOSURE STATEMENT AND FURNISH ANY SUPPLEMENTAL INFORMATION REQUESTED BY THE GENERAL COUNSEL. THE BOARD'S GOVERNANCE COMMITTEE, IN CONSULTATION WITH THE GENERAL COUNSEL, HAS THE AUTHORITY TO ADDRESS ANY NON-COMPLIANCE WITH THE DISCLOSURE REQUIREMENTS OR ANY OTHER PROVISION OF THE CONFLICT OF INTEREST POLICY, AND MAY, ON THE BASIS OF SUCH NON-COMPLIANCE, RECOMMEND THE REMOVAL OF OR OTHER ACTIONS WITH RESPECT TO A COVERED PERSON WHO FAILS TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. IN ADDITION TO THE ANNUAL DISCLOSURE STATEMENT, THE GENERAL COUNSEL MAY, FROM TIME TO TIME, REQUEST CONFIRMATION FROM ANY COVERED PERSON THAT SUCH COVERED PERSON'S DISCLOSURE STATEMENT CURRENTLY ON FILE REMAINS ACCURATE. A COVERED PERSON WHO BELIEVES A CURRENT, PENDING OR PROPOSED TRANSACTION OR BUSINESS ARRANGEMENT INVOLVING THE UNIVERSITY WOULD CONSTITUTE AN "INTERESTED TRANSACTION" OR OTHERWISE CONSTITUTE A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, IS REQUIRED TO PROMPTLY DISCLOSE TO THE GENERAL COUNSEL AND TO THE CHAIR OF EACH BOARD AND COMMITTEE OF WHICH THE COVERED PERSON IS A MEMBER, THE EXISTENCE OF THE CONFLICT (OR APPEARANCE OF CONFLICT) AND OTHER MATERIAL INFORMATION THAT THE COVERED PERSON MAY HAVE REGARDING THE TRANSACTION OR ARRANGEMENT. NEW TRUSTEES ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT. THE DETAILS OF THE POLICY AND ITS REQUIREMENTS ARE REVIEWED WITH EACH NEW TRUSTEE AT THE NEW TRUSTEE ORIENTATION. ANY QUESTION AS TO WHETHER A TRANSACTION CONSTITUTES AN INTERESTED TRANSACTION WITH RESPECT TO ONE OR MORE COVERED PERSONS SHALL BE RESOLVED BY THE UNIVERSITY'S CONFLICTS WAIVER COMMITTEE AND THE PRESIDENT IN CONSULTATION WITH THE GENERAL COUNSEL OF THE UNIVERSITY. THE GENERAL COUNSEL AND THE CHIEF FINANCIAL OFFICER HAVE DEVELOPED A DATABASE OF INTERESTS OF COVERED PERSONS AND A SYSTEM FOR MONITORING CURRENT, PENDING AND PROPOSED TRANSACTIONS FOR POTENTIAL INTERESTED TRANSACTIONS BASED ON THE DISCLOSURES MADE IN EACH COVERED PERSON'S ANNUAL DISCLOSURE STATEMENT AND ANY PERIODIC UPDATES SOLICITED OR SUBMITTED PURSUANT TO THE POLICY. THE GENERAL COUNSEL SHALL INFORM THE PRESIDENT OF ANY INTERESTED TRANSACTION OR OTHER CONFLICT OF INTEREST REPORTED PURSUANT TO THE POLICY. NO COVERED PERSON MAY PARTICIPATE IN THE DISCUSSION OF, OR VOTE WITH RESPECT TO ANY TRANSACTION OR ARRANGEMENT WHICH CONSTITUTES A CONFLICT OF INTEREST WITH RESPECT TO SUCH COVERED PERSON EXCEPT THAT THE COVERED PERSON MAY MAKE A PRESENTATION REGARDING THE MATTER. AT EACH REGULAR MEETING OF THE BOARD OF TRUSTEES, THE CHA
IRS990ScheduleO/GeneralExplanation/Explanation2THE YESHIVA ENDOWMENT FOUNDATION HAS NO PAID OFFICERS, EMPLOYEES OR BOARD MEMBERS. HOWEVER, ITS OFFICERS ARE PAID BY YESHIVA UNIVERSITY, A RELATED ENTITY. THEIR COMPENSATION IS REVIEWED IN ACCORDANCE WITH THE FOLLOWING YESHIVA UNIVERSITY PROCEDURES: THE COMPENSATION OF ALL EMPLOYEES EARNING IN EXCESS OF A SPECIFIED THRESHHOLD SALARY LEVEL, AS WELL AS ALL OF YESHIVA UNIVERSITY'S OFFICERS AND KEY EMPLOYEES, IS REVIEWED ANNUALLY BY YESHIVA UNIVERSITY'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE INDEPENDENT MEMBERS OF THE COMMITTEE CONDUCT A DETAILED REVIEW AND APPROVAL OF SUCH COMPENSATION UTILIZING COMPARABILITY DATA FROM THIRD PARTY SALARY SURVEYS, FORM 990 SALARY DISCLOSURES FROM OTHER ORGANIZATIONS, AND/OR COMPENSATION STUDIES PREPARED BY AN INDEPENDENT THIRD PARTY CONSULTING FIRM. CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S DELIBERATIONS AND DECISIONS ARE INCLUDED IN THE COMMITTEE'S WRITTEN MINUTES. IN ADDITION, THE UNIVERSITY RECEIVED OPINIONS FROM SULLIVAN COTTER AND ASSOCIATES, AN INDEPENDENT THIRD PARTY COMPENSATION MANAGEMENT FIRM, THAT THE COMPENSATION OF THE PRESIDENT OF YESHIVA UNIVERSITY AND THE DEAN OF THE ALBERT EINSTEIN COLLEGE OF MEDICINE WAS REASONABLE IN ACCORDANCE WITH INTERNAL REVENUE SERVICE RULES AND REGULATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE FOUNDATION DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE FOUNDATION DOES MAKE ITS FORM 990 AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH INTERNAL REVENUE SERVICE RULES AND REGULATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation4DURING THE TAX YEAR ENDED JUNE 30, 2010, THE FOUNDATION DID NOT BECOME AWARE OF A MATERIAL DIVERSION OF ASSETS. YESHIVA UNIVERSITY'S 2008 FORM 990, SCHEDULE L, PART I AND SCHEDULE O CONTAIN DISCLOSURES REGARDING DIVERSION OF ASSETS AND EXCESS BENEFIT TRANSACTIONS IN CONNECTION WITH CERTAIN INVESTMENTS IN THE UNIVERSITY'S CONSOLIDATED INVESTMENT POOLS INVOLVING FORMER UNIVERSITY TRUSTEE AND OFFICER BERNARD L. MADOFF AND FORMER UNIVERSITY TRUSTEE J. EZRA MERKIN.
IRS990ScheduleO/GeneralExplanation/Identifier0BOARD REVIEW OF FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier1CONFLICT OF INTEREST POLICY
IRS990ScheduleO/GeneralExplanation/Identifier2COMPENSATION REVIEW
IRS990ScheduleO/GeneralExplanation/Identifier3PUBLIC DISCLOSURE
IRS990ScheduleO/GeneralExplanation/Identifier4MATERIAL DIVERSION OF ASSETS
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 11A
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15A AND 15B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION A, LINE 5
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$35.1$0.00$35.1$1.44$1.73$0.30
2023Detailed filing. Detailed filing data is available for this year.$34.9$0.00$34.9$2.70$1.68$1.02
2022Detailed filing. Detailed filing data is available for this year.$34.9$0.00$34.9$4.43$1.65$2.78
2021Detailed filing. Detailed filing data is available for this year.$39.5$0.00$39.5$2.35$2.35$0.00
2020Detailed filing. Detailed filing data is available for this year.$32.5$0.00$32.5$1.75$1.60$0.15
2019Detailed filing. Detailed filing data is available for this year.$32.5$0.00$32.4$3.66$1.60$2.05
2018Detailed filing. Detailed filing data is available for this year.$33.3$0.00$33.3$1.05$1.66$0.61
2017Detailed filing. Detailed filing data is available for this year.$32.8$0.00$32.8$1.79$3.52$1.73
2016Detailed filing. Detailed filing data is available for this year.$33.0$0.00$33.0$1.05$1.91$0.86
2015Detailed filing. Detailed filing data is available for this year.$35.5$0.00$35.5$1.07$1.80$0.74
2014Detailed filing. Detailed filing data is available for this year.$36.4$0.00$36.4$2.40$1.78$0.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.3$0.00$34.3$2.80$1.78$1.02
2012Summary only. Only limited summary data is available for this year.$32.4$0.00$32.4$0.62$1.95$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.9$0.04$33.9$2.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$0.04$32.2$2.29