EIN 13-3573461

Caroline and Joseph S Gruss Life Monument Funds

IRS 501(c) type
501(c)(3)
Num. employees
28
Year formed
1991
Most recent tax filings
2023-12-01
Description
Caroline and Joseph S Gruss Life Monument Funds supports Jewish education through grants, interest-free loans, scholarships, and benefits for educators in New York.
Related structure
Caroline and Joseph S Gruss Life Monument Funds is a subordinate organization under Uja-Federation of New York.
Total revenues
$1,887,456
2023
Total expenses
$22,028,213
2023
Total assets
$6,238,298
2023
Num. employees
28
2023

Program areas at Caroline and Joseph S Gruss Life Monument Funds

Building renovation-funding for fixing hazardous conditions in jewish schools located in new york city and neighboring westchester, nassau and suffolk counties. The program accepted over 45 applications submitted.
Medical pension and Life insurance benefit program-provide supplemental health, Life insurance and pension premiums of career educators at jewish day schools in the new york metropolitan area. 1,957 educators received medical benefits and 1,153 received pension benefits from this program. In excess of 6,600 educators received Life insurance benefits.
Scholarships fund-provide various scholarships to students for academic studes. The elementary scholarship fund was awarded to 370 students in 28 schools, 432jewish schools students in 96 schools were awarded. In addition, 10 scholarhips were awarded to students attending fashion institute of technology.

Grants made by Caroline and Joseph S Gruss Life Monument Funds

GranteeGrant descriptionAmount
Yeshivath Torah VodaathBuilding Reno,life Ins, Scholarships$677,971
Yeshivah of FlatbushBuilding Reno,life Ins, Scholarships$600,000
Congregation Darchei TorahBuilding Reno,life Ins, Scholarships$395,000
...and 14 more grants made

Who funds Caroline and Joseph S Gruss Life Monument Funds

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mareve CorporationGrants To Jewish Day Schools$1,145,000

Personnel at Caroline and Joseph S Gruss Life Monument Funds

NameTitleCompensation
Yuriko Iwai WrightChief Investment Officer$132,410
Jason CuryPresident$449,742
Yitzchak ZagerDirector of Information Technology
Aryeh MajerowiczDirector of Administration
Esther MordechaiDirector of Budgeting and Programs
...and 7 more key personnel

Financials for Caroline and Joseph S Gruss Life Monument Funds

RevenuesFYE 12/2023
Total grants, contributions, etc.$500
Program services$0
Investment income and dividends$1,388,287
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$498,669
Total revenues$1,887,456

Form 990s for Caroline and Joseph S Gruss Life Monument Funds

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122024-03-27990View PDF
2022-122023-11-08990View PDF
2021-122022-08-02990View PDF
2020-122021-09-07990View PDF
...and 11 more Form 990s
Data update history
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 25, 2023
Received grants
Identified 1 new grant, including a grant for $3,457,000 from Uja-Federation of New York
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $3,490,000 from Uja-Federation of New York
May 8, 2023
Updated personnel
Identified 12 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsChapter / child organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationJewishReligiousProvides grantsState / local levelProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
148 39th St
Brooklyn, NY 11232
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
grusslife.org/ 
Phone
(212) 757-1500
IRS details
EIN
13-3573461
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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