2024-03-11T13:57:20-07:00 2023-06-30 990 2022-07-01 341788055 MONTEFIORE FOUNDATION MONT 2168316500 27100 Cedar Road Beachwood OH 44122 Jodi Naderhoff CFO 2168396672 2024-03-11 Jodi Naderhoff 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Diane Liliestedt 27100 Cedar Road Beachwood OH 44122 571998 0 X www.menorahpark.org X 1994 OH The Montefiore Foundation's mission is to support Menorah Park Center for Senior Living Bet Moshav Zekenim Hadati (the "Center"), and to aid and support the elderly. 3 3 0 3 10050 3717 1166116 503300 0 0 530681 48918 -58552 -114605 1638245 437613 1343313 2840170 0 0 0 0 0 0 1786 3120 64785 1346433 2904955 291812 -2467342 12660221 11119326 333866 319110 12326355 10800216 The Montefiore Foundation's mission is to support Menorah Park Center for Senior Living Bet Moshav Zekenim Hadati (the "Center"), and to aid and support the elderly. 0 0 2840170 2840170 0 The Montefiore Foundation's mission is to support Menorah Park Center for Senior Living Bet Moshav Zekenim Hadati (the "Center"), and to aid and support the elderly. 0 0 0 2840170 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 14 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X Jodi Naderhoff 2168316500 27100 Cedar Road Beachwood OH 44122 X Ken Marblestone President 15 2 X X 0 0 0 Harry Singer Trustee 1 20 X 0 0 0 Judy Willensky Trustee 1 1 X 0 0 0 0 0 0 0 0 0 0 0 60990 0 352259 0 0 90051 0 503300 0 48918 0 0 48918 0 0 0 0 0 0 0 0 0 0 0 0 19780 352259 134385 -114605 10050 -124655 0 437613 0 10050 -75737 2840170 2840170 62999 62999 1286 1286 500 500 2904955 2840170 62999 1786 469672 1006216 29683 72524 681491 104276 22396 22396 14791 14791 0 0 10328814 8734053 1128165 1179861 12660221 11119326 1758 939 332108 318171 333866 319110 X 892093 -53768 11434262 10853984 12326355 10800216 12660221 11119326 X -2467342 845402 0 0 0 95801 X 1 1 X 1 0 X 935738 837946 681363 1166116 523080 4144243 0 0 0 0 0 0 935738 837946 681363 1166116 523080 4144243 795083 3349160 108829 82535 70796 530681 48918 841759 0 0 2338 2192 4530 0 0 0 0 4990532 0.67110 0.75066 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9138204 73029 722562 0 1550692 0 8383103 10249002 755420 -1456633 0 409585 0 9138204 8489906 38764 2127151 0 406819 0 10249002 10424789 -61486 -159000 0 1714397 0 8489906 10541810 16827 159239 0 293087 0 10424789 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 14791 14791 0 0 0 0 0 0 Global Equity Funds - Pooled Funds at JFC 8538263 F State of Israel Bonds 195790 F 8734053 Assets Held by Others 1179861 1179861 Charitable Gift Annuity Obligations 318171 318171 X Schedule D, Part V, Line 4 The eligible portions of the endowment funds are used to help fund special activities and certain expenses incurred by the Montefiore Home and Montefiore Housing Corporation. Schedule D, Part X, Line 2 The Foundation adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation, and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2023, there were no unrecognized tax benefits identified or recorded as liabilities. Middle East and North Africa 0 0 Investments 195790 0 0 195790 0 0 0 0 0 0 Shining Star CLE 372039 352259 19780 21000 0 25000 16171 28700 43514 0 0 372039 352259 19780 21000 0 25000 16171 28700 43514 134385 -114605 1 Montefiore Home 1 David N Myers Parkway Beachwood OH 44122 340714360 501(c)(3) 2246845 Program Support Menorah Park Center for Senior Living 27100 Cedar Roadq Beachwood OH 44122 340714443 501(c)(3) 589123 Program Support 2 0 Schedule I, Part I, Line 2 Program officers and administrators must report at least annually to the Foundation on the use of funds in accordance with donor restrictions, and as appropriate, the Foundation shares that information with donors. Form 990, Part VI, Section B, Line 11b A sub-committee of the Audit Committee of Menorah Park Center for Senior Living and an independent CPA firm, as the board designees, review the Form 990 prior to submission. Senior management reviews and approves the form while completing and overseeing the process for completion. The Board of Trustees is provided a copy of the return prior to filing with the IRS. Form 990, Part VI, Section B, Line 12c Annually, the Montefiore Foundation sends a copy of its Conflict of Interest policy to all trustees, officers, committee members and key employees. These "Key Individuals" are required to disclose any transactions where the interests of the Foundation and the Key Individual (or spouse or other family member of a Key Individual) could potentially be in conflict. The Conflict of Interest policy is reviewed annually at the initial meeting of the Board of Trustees following the Foundation's annual meeting, and each Key Individual is provided with a copy of the policy upon commencement of his or her position as such Key Individual. Non compliance with the conflict of interest policy could result in disciplinary action including removal from association with the Montefiore Foundation. The Conflict of Interest policy is regularly and consistently monitored and enforced by the compliance officer. Form 990, Part VI, Section C, Line 19 Montefiore Foundation maintains copies of all governing documents and financial reports at its main offices in Beachwood, OH. Copies of these documents are available to the public upon request, for the same period of time as set forth in IRC section 6104(d). Form 990, Part XI, Line 9 Change in Value of Assets Held by Others $51,696 Change in Value of Charitable Gift Annuities $44,105 Montefiore Home 1 David N Myers Parkway Beachwood OH 44122 340714360 Skilled Nursing OH 501(c)(3) 10 Menorah Park Center for Senior Living 0 Montefiore Housing Corporation 1 David N Myers Pkwy Beachwood OH 44122 311501393 assisted living and skilled nursing OH 501(c)(3) 12b Montefiore Home 1 Menorah Park Center for Senior Living 27100 Cedar Road Beachwood OH 44122 340714443 Skilled Nursing OH 501(c)(3) 10 N/A 0 Menorah Park Foundation 27100 Cedar Road Beachwood OH 44122 341778478 Fundraising OH 501(c)(3) 7 Menorah Park Center for Senior Living 0 Menorah Park Women's & Men's Association 27100 Cedar Road Beachwood OH 44122 201321718 Volunteers OH 501(c)(3) 12c Menorah Park Center for Senior Living 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Montefiore Housing Corporation b 4202 Actual