You are now searching


New York BBB Wise Giving Report for
FJC - A Foundation of Philanthropic Funds

A BBB Accredited charity


  • Meets all standards

Expiration Date:
FJC - A Foundation of Philanthropic Funds
520 8th Avenue
New York City, NY 10018
Web Site:
Year, State Incorporated:
1995, New York
Stated Purpose:
" FJC is a public charity which aims to increase and maximize the impact of charitable dollars. "

Evaluation Conclusions

FJC - A Foundation of Philanthropic Funds meets the 20 Standards for Charity Accountability.


FJC is a public charity which aims to increase and maximize the impact of charitable dollars. It intends to create innovative and customized philanthropic solutions and respond effectively to the needs and interest of donors, borrowers and other clients.


Chief Executive Officer:
Mr. Leonard Glickman, Chief Executive Officer
Chair of the Board:
Ms. Lorin Silverman
Chair's Profession / Business Affiliation:
Lo Management, LLC
Board Size:
Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Fund Raising

Method(s) Used:

Print advertisements (newspapers, magazines, etc.), internet

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


The following information is based on FJC's Audited Financial Statements for the fiscal year ended March 31, 2012.

Source of Funds  

Contributions of Donor Advised Funds


Loan Interest


Interest and Dividends


Management Fees


Other Income


Realized and unrealized ( losses) gains, net


Total Income


Program Expenses  

Grants Made to Philanthropic Organizations


Grant-Making Expense

Total Program Expenses:
Administrative Expenses

Total expenses

Income in Excess of Expenses




Uses of Funds as a % of Total Expenses

Programs: 98%    Administrative 2% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $185,485,175
Ending net assets 188,653,274
Total liabilities 27,800,850

Total assets


*Total assets includes ending net assets and total liabilities. Net assets includes a total of $172,931,164 in Donor-advise funds and $15,722,110 in General funds.


A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.