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Nonprofit · EIN 13-3848582

FJC

Tax-exempt · NEW YORK, NY 10018

Financials

$62.3M$43.7M2022$58.9M$49.3M2023$79.4M$49.5M2024
Revenue Expenses · by fiscal year end
Financials of FJC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$79,358,337$49,484,614$29,873,723$462,271,398$40,238,403$422,032,995
March 31, 2024990$58,886,033$49,259,167$9,626,866$430,309,480$45,204,948$385,104,532
March 31, 2023990$62,322,298$43,699,600$18,622,698$388,226,130$50,935,410$337,290,720
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$63,295,977
Program service revenue
$2,599,911
Investment income
$13,462,449
Net gain from sales of assets
$3,922,717
Other revenue
$0

Expenses

Grants and similar amounts paid
$45,806,391
Compensation of officers, directors and key employees
$1,176,479
Other salaries and wages
$618,581
Salaries, compensation and benefits (total)
$2,079,690
Professional fundraising fees
$0
Accounting fees
$100,474
Occupancy
$187,961
Travel
$7,262
Depreciation
$37,660
Program services (functional)
$47,234,668
Management and general (functional)
$2,142,862
Fundraising (functional)
$107,084

Balance sheet and other

Total assets, start of year
$430,309,480
Total assets, end of year
$462,271,398
Total liabilities, end of year
$40,238,403
Net assets, end of year
$422,032,995
Land, buildings and equipment
$438,648
Publicly traded securities
$256,412,097
Net assets without donor restrictions
$419,216,995
Net assets with donor restrictions
$2,816,000
Gross unrelated business income
$1,534
Gross receipts
$245,118,411
Employees
12
Volunteers
8
Year formed
1995
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SAMUEL MARKSCEO
Officer
40$308,338$67,113
REGINA RODRIGUEZCFO/CIO
Officer
40$220,152$66,949
MEGHAN HUDSONCOO
Key employee
40$199,886$45,443
HILLARY ZILZSECRETARY, CHIEF LEGAL OFFICER
Officer
40$204,283$26,204
ORLANDO COLONCONTROLLER
Highest-paid employee
40$146,874$49,441
TIMOTHY NICOLSENIOR MANAGER THRU MAY 2025
Highest-paid employee
40$107,243$22,445
ALLISON VAN HEESENIOR MANAGER
Highest-paid employee
40$104,019$22,417
LORIN SILVERMANPRESIDENT & TREASURER
Trustee or director, Officer
10$0$0
MARK COHENDIRECTOR AS OF APRIL 2024
Trustee or director
1$0$0
GARY FINGERDIRECTOR
Trustee or director
1$0$0
BRINDA GANGULYDIRECTOR
Trustee or director
1$0$0
JONATHAN GOLDDIRECTOR
Trustee or director
1$0$0
NEAL MYERBERGDIRECTOR
Trustee or director
1$0$0
AMBER RANDOLPHDIRECTOR
Trustee or director
1$0$0
JIM ROTHKOPFDIRECTOR
Trustee or director
1$0$0
990 for the year ended March 31, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
SAMUEL MARKSCEO
Officer
40$287,296$57,966
REGINA RODRIGUEZCFO/CIO
Officer
40$196,584$57,643
MARK COHEN SECRETARYCHIEF LEGAL OFFICER, THRU DEC. 2023
Officer
40$227,271$9,596
MEGHAN HUDSONCOO
Key employee
40$174,650$40,226
ORLANDO COLONCONTROLLER
Highest-paid employee
40$141,277$55,377
HILLARY ZILZ SECRETARYCHIEF LEGAL OFFICER, AS OF JAN. 2023
Officer
40$56,946$1,519
LORIN SILVERMANPRESIDENT & TREASURER
Trustee or director, Officer
10$0$0
GARY FINGERDIRECTOR
Trustee or director
1$0$0
BRINDA GANGULYDIRECTOR
Trustee or director
1$0$0
JONATHAN GOLDDIRECTOR
Trustee or director
1$0$0
NEAL MYERBERGDIRECTOR
Trustee or director
1$0$0
AMBER RANDOLPHDIRECTOR
Trustee or director
1$0$0
JIM ROTHKOPFDIRECTOR
Trustee or director
1$0$0
990 for the year ended March 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
SAMUEL MARKSCEO
Officer
40$268,314$56,009
REGINA RODRIGUEZCFO/CIO
Officer
40$187,881$56,714
MARK COHENASST. SECRETARY, CHIEF LEGAL OFFICER
Officer
40$217,619$10,049
MEGHAN HUDSONCOO
Key employee
40$158,918$37,522
ORLANDO COLONCONTROLLER
Highest-paid employee
40$134,510$51,896
LORIN SILVERMANPRESIDENT & TREASURER
Trustee or director, Officer
10$0$0
HENRY BUBELSECRETARY, THRU DEC. 2022
Trustee or director, Officer
1$0$0
RONNA BROWNDIRECTOR, THRU DEC. 2022
Trustee or director
1$0$0
GARY FINGERDIRECTOR
Trustee or director
1$0$0
BRINDA GANGULYDIRECTOR, AS OF MARCH 2023
Trustee or director
1$0$0
JONATHAN GOLDDIRECTOR
Trustee or director
1$0$0
NEAL MYERBERGDIRECTOR
Trustee or director
1$0$0
AMBER RANDOLPHDIRECTOR
Trustee or director
1$0$0
JIM ROTHKOPFDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
225 WEST 39TH STREET 12TH FLOOR, NEW YORK, NY 10018-3103
Principal officer (990 for 2024)
LORIN SILVERMAN, 225 WEST 39TH STREET 12TH FLOOR, NEW YORK, NY 10018
Signed the 990
LORIN SILVERMAN, PRESIDENT
Phone
(212) 714-0001
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

TO SUPPORT THE NONPROFIT SECTOR THROUGH DONOR ADVISED FUNDS, FISCAL SPONSORSHIP, NONPROFIT LENDING, AND CUSTOMIZED PHILANTHROPIC SOLUTIONS.

990 for the year ended March 31, 2025

Program accomplishments

  • DONOR ADVISED FUNDS & SPECIALIZED ACCOUNTS. FJC PROVIDES A BOUTIQUE, CUSTOMIZABLE SERVICE TO ITS ACCOUNT HOLDERS, COLLABORATING WITH IMAGINATIVE DONORS WHO SEEK MORE CREATIVE APPROACHES. WHILE MOST ACCOUNT HOLDERS AT FJC USE DONOR ADVISED FUND (DAF) ACCOUNTS CONVENTIONALLY (RECOMMENDING GRANTS TO THEIR FAVORITE CHARITIES), WE ACCOMMODATE DONORS WHO WANT TO DEPLOY FUNDS AS LOANS, RECOVERABLE GRANTS, OR IMPACT INVESTMENTS. WE HAVE HOSTED FUNDER COLLABORATIVES, SCHOLARSHIP AND AWARD PROGRAMS, AND OTHER VARIATIONS ON PHILANTHROPIC ACCOUNTS THAT MEET THE NEEDS OF BOTH DONORS AND AN EVOLVING NONPROFIT SECTOR.
    Expenses $33,936,505 · grants $33,445,461 · revenue $43,584
  • FISCAL SPONSORSHIP. FJC INCUBATES A WIDE RANGE OF NONPROFIT ORGANIZATIONS AND PROJECTS THAT HAVE NOT RECEIVED THEIR 501(C)(3) STATUS. OUR SCALED PLATFORM PROVIDES OPERATIONAL EFFICIENCIES TO PARTICIPANTS, ALLOWING THEM TO RECEIVE TAX-DEDUCTIBLE CONTRIBUTIONS AND DISTRIBUTE FUNDS AS GRANTS OR VENDOR PAYMENTS. WHILE SOME ORGANIZATIONS "GRADUATE" FROM OUR FISCAL SPONSORSHIP AND RECEIVE THEIR OWN 501(C)(S) DESIGNATION, OTHERS PREFER TO STAY WITH FJC TO TAKE ADVANTAGE OF OUR COST-EFFECTIVE SERVICES. THE PROGRAM IS FLEXIBLE REGARDING MISSION, SERVING ORGANIZATIONS THAT FOCUS ON ARTS, EDUCATION, SOCIAL SERVICES, HEALTH, RELIGION, THE ENVIRONMENT, AND MORE.
    Expenses $12,791,215 · grants $12,360,930
  • AGENCY LOAN FUND. A BESPOKE IMPACT INVESTMENT OFFERED TO OUR DONORS AS PART OF OUR STANDARD INVESTMENT MENU, FJC'S AGENCY LOAN FUND (ALF), ALLOWS DONORS THE OPPORTUNITY TO INVEST A PORTION OF THEIR ACCOUNTS IN LOANS TO A DIVERSIFIED POOL OF NONPROFIT ORGANIZATIONS. FJC STAFF ORIGINATE AND UNDERWRITE THESE LOANS, WHICH ARE APPROVED BY A SUBCOMMITTEE OF FJC'S BOARD, WHICH MAINTAINS RIGOROUS CREDIT STANDARDS. INTEREST AND PRINCIPAL PAYMENTS FROM THE LOANS GROW THE ACCOUNTS OF PARTICIPATING DONORS (TYPICALLY BETWEEN 4-6% PER ANNUM). IN ADDITION TO FJC'S RIGOROUS CREDIT STANDARDS, CREDIT ENHANCEMENT ON THE POOL PROTECTS DONORS FROM PRINCIPAL LOSSES. SINCE ITS INCEPTION, FJC HAS DEPLOYED OVER $400 MILLION IN LOANS THROUGH ALF. FJC CURRENTLY HAS $16.4 MILLION IN LOANS OUTSTANDING WITH 13 NONPROFIT BORROWERS.
    Expenses $506,948 · revenue $2,284,809
  • EFAS - ASSETS HELD FOR OTHERS. ASSETS HELD FOR OTHERS ARE FUNDS RECEIVED FROM NOT-FOR-PROFIT ORGANIZATIONS, SOME OF WHICH HAVE TRANSFERRED FUNDS TO FJC FOR THE PURPOSE OF INVESTING IN FJC'S AGENCY LOAN FUND, WHICH IS AVAILABLE TO PROVIDE SECURED INTEREST-BEARING LOANS TO CHARITABLE ORGANIZATIONS. THESE FUNDS CAN BE REDEEMED BY THE PARTICIPANTS IN ACCORDANCE WITH FJC'S POLICIES. FJC DOES NOT HAVE VARIANCE POWER OVER THE USE OF THESE ASSETS. ASSETS HELD FOR OTHERS ARE SUBJECT TO A MANAGEMENT FEE UP TO 1% ANNUALLY BASED UPON FUNDS INVESTMENT ALLOCATION.
    revenue $271,518

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
13-3848582
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$462,271,398
Income (IRS master file)
$245,118,411

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$79,358,337$49,484,614$462,271,398XML
990-TMarch 2025–––IRS
990March 2024$58,886,033$49,259,167$430,309,480XML
990-TMarch 2024–––IRS
990March 2023$62,322,298$43,699,600$388,226,130XML
990-TMarch 2023–––IRS
990March 2022$65,059,967$59,498,855$381,397,057IRS
990-TMarch 2022–––IRS
990March 2021–––IRS
990-TMarch 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3848582).

Questions about FJC

What is the EIN of FJC?
The employer identification number (EIN) of FJC is 13-3848582.
Is FJC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to FJC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FJC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FJC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FJC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of FJC?
The 990 for the year ended March 31, 2025 names LORIN SILVERMAN.
Who are the officers and directors of FJC?
The 990 for the year ended March 31, 2025 lists 15 people; 7 received compensation from the organization, the highest $308,338 (SAMUEL MARKS, CEO).
How much revenue does FJC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $79,358,337, expenses of $49,484,614 and total assets of $462,271,398 at year end.

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