CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|CharityWatch's rating of The American Jewish Joint Distribution Committee includes the financial activities of the organizations included in its audited consolidated financial statements for the fiscal year-ended December 31, 2016. |
According to Note 2 of the consolidated audit, the included entities are "related through common board control and economic interest." The consolidated entities include:
-- The American Jewish Joint Distribution Committee, Inc., Joint (JDC) - Israel (CC);
-- Jack G. Buncher Charitable Fund for the American Jewish Joint Distribution Committee;
-- Swergold Family Foundation for Children in Crises;
-- Thalheimer Family-JDC Support Foundation, Inc.;
-- AJJDC Real Estate Company Limited;
-- Taub Center for Social Policy Studies in Israel; and
-- Maurice and Vivienne Wohl Charitable Foundation.
Also according to Note 2, "All intercompany transactions and balances have been eliminated in the consolidation."
|According to The American Jewish Joint Distribution Committee (JDC) 2016 tax filing, JDC reports for Supplemental Information, Compensation (IRS Form 990, Schedule J, Part III):|
Re: "Housing Allowance or Residence for Personal Use"
"The following individuals received a housing allowance during the tax year that was treated as taxable compensation and reported on Schedule J, Part II [as 'Other reportable compensation']."
David Zackon $77,280; Alan Gill $75,000
[David Zackon is reported as "Director, Financial RD;" Alan Gill is reported as "Executive VP & CEO (thru 12/16)," according to IRS Form 990, Schedule J, Part II.]
Re: "Severance Agreements"
"The following individuals' employment contracts with JDC include severance agreements payable upon termination of employment. No amounts were paid to these individuals during calendar year ended December 31, 2016."
Alan Gill; Ophir Singal; Diego Ornique; Pablo Weinsteiner
[The reported titles of the above listed individuals are: Alan Gill, Executive VP & CEO (thru 12/16); Ophir Singal, Chief Financial Officer; Diego Ornique, Regional Director (Europe); and Pablo Weinsteiner, Chief Human Resources Officer, according to IRS Form 990, Schedule J, Part II.]