2024-03-21T09:50:48-05:00 2023-06-30 540737372 PBMARES LLP 150 BOUSH STREET SUITE 400 NORFOLK VA 23510 990 2022-07-01 541922543 SIMON FAMILY FOUNDATION SIMO 7576711600 5000 CORPORATE WOODS DRIVE 200 VIRGINIA BEACH VA 23462 NAOMI LIMOR SEDEK SECRETARY/TREASURER 7576711600 2024-03-20 1 NAOMI LIMOR SEDEK 999009999 0 JENNIFER N FRENCH CPA P00659678 7576274644 2024-03-20 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NAOMI LIMOR SEDEK 5000 CORPORATE WOODS DRIVE 200 VIRGINIA BEACH VA 23462 202843 0 X N/A X 1998 VA THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE TIDEWATER JEWISH FOUNDATION. 7 2 0 0 0 0 0 0 0 0 291954 202843 0 0 291954 202843 225500 225135 0 0 0 0 0 0 0 117822 111278 343322 336413 -51368 -133570 6592711 6941316 0 0 6592711 6941316 THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE TIDEWATER JEWISH FOUNDATION. 0 0 225135 225135 THE SIMON FAMILY FOUNDATION'S GRANT-MAKING PROGRAMS ARE ESTABLISHED WITH THE GOAL OF PROVIDING FINANCIAL AND OTHER ASSISTANCE IN SUPPORT OF JEWISH AND NON-JEWISH CHARITABLE CAUSES IN THE FIELDS OF RELIGION, EDUCATION, SCIENCE, INTERGROUP RELATIONS, CIVIC, CULTURAL, HEALTH AND SOCIAL SERVICES. THIS HAS BEEN ACHIEVED BY PROVIDING ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS WITHIN AND WITHOUT THE UNITED STATES, WHILE PROVIDING IDENTIFIABLE BENEFITS FOR THE WELFARE OF THE PEOPLE AND GEOGRAPHIC AREAS OF TIDEWATER, VIRGINIA AND ISRAEL. 225135 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 2 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JAMES R PARRISH 7579656111 5000 CORPORATE WOODS DRIVE SUITE VIRGINIA BEACH VA 23462 JERROLD MILLER DIRECTOR 1.00 0.00 X 0 0 0 BETTY ANN LEVIN DIRECTOR 1.00 0.00 X 0 0 0 KIM FINK PRESIDENT 1.00 0.00 X X 0 0 0 AMY GOLDBERG DIRECTOR 1.00 0.00 X 0 0 0 NAOMI SEDEK SECRETARY 1.00 44.00 X X 0 180450 5157 BEN SIMON DIRECTOR 1.00 0.00 X 0 0 0 BRITT SIMON DIRECTOR 1.00 0.00 X 0 0 0 0 180450 5157 0 0 1 0 0 56437 56437 146406 0 146406 146406 146406 202843 0 0 202843 225135 225135 54774 54774 1600 1600 54216 54216 572 572 DIRECT FUND EXPENSES 116 116 336413 225135 111278 0 6333562 6650036 259149 291280 6592711 6941316 0 0 X 6333562 6650036 259149 291280 6592711 6941316 6592711 6941316 X -133570 464175 18000 X X 0 1 X 1 0 X X 1 TIDEWATER JEWISH FOUNDATION INC 541653165 7 1 279908 0 1 279908 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 251402 146406 0 18000 0 0 251402 164406 0 0 0 0 0 0 251402 164406 6893161 6436784 0 0 230434 261827 7123595 6698611 0 0 0 7123595 6698611 106854 100479 7016741 6598132 245586 230935 0 18000 245586 248935 251402 213692 245586 245586 0 245586 22500 202635 0 0 0 0 225135 225135 245586 91.670000000000 245586 150394 0 0 0 0 0 0 0 0 0 0 225135 150394 74741 0 0 170845 0 0 0 0 0 0 PART IV, SECTION D, QUESTION 3 ARTICLE III OF THE BYLAWS OF THE SIMON FAMILY FOUNDATION, THE SUPPORTING ORGANIZATION, DESCRIBE THE PURPOSE OF THE CORPORATION: "SPECIFICALLY, THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE TIDEWATER JEWISH FOUNDATION," THE SUPPORTED ORGANIZATION. ARTICLE III OF THE BYLAWS FURTHER STATES: PURPOSES OF THE TIDEWATER JEWISH FOUNDATION, INC: THE PURPOSES OF TIDEWATER JEWISH FOUNDATION, INC. CURRENTLY INCLUDE, WITHOUT LIMITATION, PROVIDING FINANCIAL AND OTHER ASSISTANCE, IN SUPPORT OF JEWISH AND NON-JEWISH CHARITABLE CAUSES IN THE FIELDS OF RELIGION, EDUCATION, SCIENCE, INTERGROUP RELATIONS, CIVIC, CULTURAL, HEALTH AND SOCIAL SERVICES; SUCH PURPOSES ARE EFFECTUATED BY PROVIDING ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS WITHIN AND WITHOUT THE UNITED STATES, WHILE PROVIDING IDENTIFIABLE BENEFITS FOR THE WELFARE OF THE PEOPLE AND GEOGRAPHIC AREAS OF TIDEWATER, VIRGINIA AND ISRAEL. GRANT-MAKING POLICIES: SUBSTANTIALLY ALL OF THE INCOME OF THE CORPORATION SHALL BE USED TO PERFORM THE FUNCTIONS AND CARRY OUT THE PURPOSES OF TIDEWATER JEWISH FOUNDATION, INC. IN EFFECTUATING THE FUNCTIONS AND PURPOSES OF TIDEWATER JEWISH FOUNDATION INC., AS SET FORTH IN [THE PRECEDING] PARAGRAPH OF THIS ARTICLE, AT LEAST EIGHTY PERCENT (80%) OF THE INCOME OF THE CORPORATION WHICH IS DISTRIBUTED EACH FISCAL YEAR SHALL BE DISTRIBUTED TO SERVE AND PROMOTE JEWISH CHARITABLE PURPOSES, WITHOUT GEOGRAPHIC LIMITATION, BUT WITH IDENTIFIABLE SUPPORT FOR ISRAEL AND TIDEWATER, VIRGINIA. THE GRANT-MAKING ACTIVITIES OF THE SUPPORTING ORGANIZATION COMPRISE ALL OF ACTIVITIES OF THE ORGANIZATION AND ARE UNDER THE RESPONSIBILITY OF ITS STANDING GRANTS COMMITTEE AS CHAIRED BY THE PUBLIC CHARITY DIRECTOR APPOINTED BY THE SUPPORTED ORGANIZATION. THE SUPPORTED ORGANIZATION VETS GRANT REQUESTS AND DEVELOPS RECOMMENDATIONS FOR GRANTS TO BE CONSIDERED BY THE GRANTS COMMITTEE WHICH, ACCORDING TO THE BYLAWS, WILL CARRY OUT THE PURPOSE OF THE SUPPORTED ORGANIZATION. AS DESCRIBED PREVIOUSLY, THE ACTIVITIES OF THE SUPPORTING ORGANIZATION, THE SIMON FAMILY FOUNDATION, ARE EXCLUSIVELY TO SUPPORT THE PURPOSES OF THE SUPPORTED ORGANIZATION, THE TIDEWATER JEWISH FOUNDATION. IN THE CURRENT REPORTING YEAR, THE ACTIVITIES OF THE SUPPORTING FOUNDATION RESULTED IN FUNDS BEING DISTRIBUTED THAT AMOUNTED TO OVER FIVE PERCENT OF THE TOTAL GRANTS DISTRIBUTED BY THE SUPPORTED ORGANIZATION AND, WERE IT NOT FOR THE SUPPORTING FOUNDATION, THE SUPPORTED FOUNDATION WOULD HAVE HAD TO SIGNIFICANTLY EXCEED ITS PRUDENT SPENDING POLICY AND INVADE THE CORPUS OF ITS ENDOWMENT FUNDS IN ORDER TO ACHIEVE COMPARABLE COMMUNITY IMPACT AND ACHIEVE ITS MISSION. 0 POOLED MARKETABLE SECURITIES 6650036 F 6650036 X PART X, LINE 2: TJF AND ITS SUPPORTING FOUNDATIONS ARE QUALIFYING NONPROFIT ENTITIES AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE THEREFORE EXEMPT FROM FEDERAL AND STATE INCOME TAXES, EXCEPT ON NET INCOME GENERATED FROM UNRELATED BUSINESS TAXABLE INCOME. FASB ASC TOPIC 740 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS COMBINED FINANCIAL STATEMENTS. THE FOUNDATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS AND HAS NOT ACCRUED THE EFFECT OF ANY UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES INCURRED, IF ANY, RELATED TO INCOME TAX POSITIONS AS OTHER INTEREST EXPENSE AND PENALTIES EXPENSE, RESPECTIVELY. 1 AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC 220 EAST 42ND STREET NEW YORK NY 100175833 131656634 501(C)(3) 50000 0 HUMANITARIAN AID & JEWISH COMMUNITY DEVELOPMENT IN CUBA FOODBANK OF SOUTHEASTERN VIRGINIA 800 TIDEWATER DRIVE NORFOLK VA 23504 521219783 501(C)(3) 20000 0 FEEDING OUR CHILDREN THE BACK PACK PROGRAM FORKIDS INC 1001 POINDEXTER STREET CHESAPEAKE VA 23324 541477799 501(C)(3) 20000 0 ENSURING THE EDUCATIONAL SUCCESS OF CHILDREN EXPERIENCING HOMELESSNESS OHEF SHOLOM TEMPLE 530 RALEIGH AVENUE NORFOLK VA 23507 546002056 501(C)(3) 28000 0 INVESTING IN OUR FUTURE: RESTRUCTURING & REVITALIZING OUR RELIGIOUS SCHOOL UNITED JEWISH FEDERATION OF TIDEWATER 5000 CORPORATE WOODS DRIVE SUITE 200 VIRGINIA BEACH VA 23462 540535603 501(C)(3) 84635 0 HOLOCAUST/ELIE WIESEL WRITING COMPETITION, CRC ISRAEL TODAY CULTURAL ISRAEL TODAY AND PJ LIBRARY & PJ OUR WAY TIDEWATER JEWISH FOUNDATION 5000 CORPORATE WOODS DRIVE SUITE 200 VIRGINIA BEACH VA 23462 541653165 501(C)(3) 22500 0 MULTI-GEN RESOURCES & INSURANCE PREMIUM MATCHING 6 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY ENSURING ALL FUNDS ARE DISTRIBUTED TO SUPPORTED ORGANIZATIONS AND ALL DISTRIBUTIONS ARE CONSISTENT WITH THE PURPOSES OF THE APPLICABLE GIFT OR OTHER GOVERNING DOCUMENTS. 0 0 0 0 0 0 0 0 0 NAOMI SEDEK SECRETARY 0 178185 0 0 0 2265 0 5157 0 0 0 185607 0 0 FORM 990, PART V, Q 7G AND 7H QUESTIONS 7G AND 7H DO NOT APPLY TO THE ORGANIZATION BECAUSE THE ORGANIZATION DID NOT HAVE CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY OR CONTRIBUTIONS OF CARS, BOATS, AIRPLANES OR OTHER VEHICLES DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 KIM SIMON FINK, BEN SIMON, AND BRITT SIMON ARE SIBLINGS. AMY GOLDBERG IS THE SIMONS' STEP-SIBLING. FORM 990, PART VI, SECTION A, LINE 3 THE TIDEWATER JEWISH FOUNDATION, A RELATED ORGANIZATION, MANAGES THE ORGANIZATION'S FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM 990 WAS MADE AVAILABLE ELECTRONICALLY TO DESIGNATED MEMBERS OF THE BOARD BY E-MAIL FOR THEIR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SECURES AN UPDATED CONFLICT OF INTEREST POLICY EACH YEAR. IF ADDITIONAL KNOWLEDGE SURFACES THAT THERE IS A CONFLICT OF INTEREST ISSUE, ACTION IS THEN TAKEN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC BY PROVIDING ELECTRONIC COPIES UPON WRITTEN REQUEST AT NO CHARGE OR BY PROVIDING PAPER COPIES UPON WRITTEN REQUEST SUBJECT TO A NOMINAL FEE. FORM 990, PART XI, LINE 9: RETURN OF GRANT ISSUED IN 2021. 18,000. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE TIDEWATER JEWISH FOUNDATION, INC. IS RESPONSIBLE UNDER ITS CORPORATE DOCUMENTS FOR THE SELECTION OF THE INDEPENDENT AUDITORS AND FOR THE OVERSIGHT OF THE ANNUAL AUDIT PROCESS THAT WILL COVER ALL OF THE ENTITIES, ACCOUNTS, AND ACTIVITIES PRESENTED IN THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS, INCLUDING AMOUNTS REPORTED HEREIN. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, QUESTION 1A THE ARTICLES OF INCORPORATION AND BYLAWS OF THE SIMON FAMILY FOUNDATION PROVIDE THAT THERE ARE THREE CLASSES OF VOTING DIRECTORS AND THAT MATTERS ARE TO BE VOTED UPON BY A MAJORITY OF VOTES. THE NUMBER OF VOTES IS ASSIGNED AND LIMITED BY CLASS: (1) TIDEWATER JEWISH FOUNDATION APPOINTED DIRECTORS, 3 VOTES CURRENTLY HELD BY 1 DIRECTOR; (2) INDEPENDENT DIRECTORS, 3 VOTES; AND (3) SIMON FAMILY DIRECTORS, 3 VOTES. TIDEWATER JEWISH FOUNDATION 5000 CORPORATE WOODS DRIVE SUITE 20 VIRGINIA BEACH VA 23462 541653165 GRANTS AND COMMUNITY PROGRAMS VA 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0