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Return of Organization Exempt from Income

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Return of Organization Exempt from Income l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93493135016077 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form 990 Under section 501 ( c), 527, or 4947 ( a)(1) of the Internal Revenue Code ( except private foundations) 2 p 1 5 Do not enter social security numbers on this form as it may be made public _ Department of the ► Treasury Information about Form 990 and its instructions is at www IRS gov/form990 ► Inspection Internal Revenue Service A For the 2015 calendar ear, or tax e inning 07-01-2015 , and ending 06-30-2016 C Name of organization B Check if applicable D Employer identification number THE OJC FUND Address change 11-3618879 F Name change Doing business as Initial return F_ Final E Telephone number return/terminated Number and street (or P 0 box if mail is not delivered to street addre5 1303 53RD STREET NO 303 Amended return (718)599-1400 F-Application Pending City or town, state or province, country, and ZIP or foreign postal code BROOKLYN, NY 11219 I G Gross receipts $ 16,887,507 F Name and address of principal officer H(a) Is this a group return for KALMEN EKSTEIN subordinates? [ Yes 1303-53RD STREET 303 No BROOKLYN,NY 11219 H(b) Are all subordinates I Tax - exempt status IYes [ No 1 501(c)(3) F_ 501( c) ( ) 1 (insert no ) F_ 4947(a)(1) or F 527 included? If"No," attach a list (see instructions) 3 Website WWW OJCFUND ORG H(c) GrouD exemption number ► L Year of formation 2001 1 M State of legal domicile NY K Form of organization I Corporation 1 Trust F Association 1 Other ► © Summary 1Briefly describe the organization 's mission or most significant activities TO MAINTAIN A DONOR ADVISED FUND BY HONORING OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES TO MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, AND PERSONALLY REWARDING V ti 7 2 Check this box ► F- if the organization discontinued its operations or disposed of more than 25% of its net assets L5 3 Number of voting members of the governing body (Part VI, line la) . 3 3 4 Number of independent voting members of the governing body (Part VI, line lb) . 4 3 5 Total number of individuals employed in calendar year 2015 (Part V, line 2a) . 5 2 V Q 6 Total number of volunteers (estimate if necessary) . 6 3 7a Total unrelated business revenue from Part VIII, column (C), line 12 . 7a 0 b Net unrelated business taxable income from Form 990-T, line 34 . 7b 0 Prior Year Current Year 8 Contributions and grants (Part VIII, line Ih) . 7,777,356 16,886,557 9 Program service revenue (Part VIII, line 2g) 0 0 i 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 511 950 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and Ile) 0 0 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 7,777,867 16,887,507 12) 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3 ) . 7,236,879 15,241,753 14 Benefits paid to or for members (Part IX, column (A ), line 4) . 0 0 Salaries, other compensation, employee benefits (Part IX, column (A ), lines 15 22 , 033 25 , 674 5-10) 16a Professional fundraising fees (Part IX, column (A), line lle) 0 0 aC b Total fundraising expenses (Part IX, column (D), line 25) 0 LIJ ► 17 Other expenses (Part IX, column (A), lines 11a-11d, 1if-24e) . 90,985 174,830 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 7,349,897 15,442,257 19 Revenue less expenses Subtract line 18 from line 12 . 427,970 1,445,250 8 T Beginning of Current Year End of Year 20 Total assets (Part X, line 16) . 1,134,675 2,568,288 Q m 21 Total l i a b i l i t i e s (Part X , l i n e 2 6 ) . 12,996 1,359 Z1 22 Net assets or fund balances Subtract line 21 from line 20 1,121,679 2,566,929 EMSTE Si g nature Block Under penalties of perjury, I declare that I have examined this return, 1 my knowledge and belief, it is true, correct, and complete Declaration preparer has any knowledge Signature of officer Sign Here EFRAIM SOFER PRESIDENT Type or print name and title Print/Type preparer's name Preparer's signature ZACHARIA WAXLER ZACHARIA WAXLER Paid Preparer Firm's name ► ROTH & COMPANY LLP Firm's address 1428 36TH STREET SUITE 200 Use Only ► BROOKLYN, NY 11218 May the IRS discuss this return with the preparer shown above? (see in For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2015) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III E 1 Briefly describe the organization's mission TO MAINTAIN A DONOR ADVISED FUND BY HONORING OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES TO MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, AND PERSONALLY REWARDING 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . EYes F,-,, No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . EYes [No If "Yes," describe these changes on Schedule 0 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported 4a (Code ) (Expenses $ 15,263,502 including grants of $ 15,241,753 ) (Revenue $ OUR RESPONSIBILITY IS TO SERVE OUR FUNDHOLDERS WHO HAVE ENTRUSTED US WITH THEIR CHARITABLE DOLLARS WE TAKE THIS RESPONSIBILITY VERY SERIOUSLY AND ARE DEDICATED TO TREATING OUR FUNDHOLDERS WITH THE UTMOST INTEGRITY AND RESPECT OUR DONORS HAVE THE OPPORTUNITY TO RECOMMEND HOW THEIR CHARITABLE CONTRIBUTIONS ARE ALLOCATED TO THE VARIOUS CHARITABLE ORGANIZATIONS WE HONOR OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES THAT MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, ECONOMICALLY ADVANTAGEOUS, AND PERSONALLY REWARDING THESE INCLUDE SIMPLIFYING THE GRANTMAKING PROCESS SO THAT CONTRIBUTIONS FLOW QUICKLY AND EASILY INTO THE CHARITABLE STREAM, SAFEGUARDING CONFIDENTIALITY AND FACILITATING INTERGENERATIONAL PHILANTHROPY 4b (Code ) (Expenses $ including grants of $ ) (Revenue $ 4c (Code ) (Expenses $ including grants of $ ) (Revenue $ 4d Other program services (Describe in Schedule 0 (Expenses $ including grants of $ ) (Revenue $ 4e Total program service expenses 00, 15,263,502 Form 990 (2015) Form 990 (2015) Page 3 Checklist of Re q uired Schedules Yes No 1 Is the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yes complete Schedule A . 1 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? IJ . 2 Yes 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to No candidates for public office? If "Yes," complete Schedule C, Part I 3 4 Section 501(c )( 3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II . 4 N o 5 Is the organization a section 501 (c)(4), 501(c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? N o If "Yes," complete Schedule C, Part III . 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? Yes If "Yes, " complete Schedule D, Part I Ij . 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, No the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II ij 7 F 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? N o If "Yes," complete Schedule D, Part III .J . 8 9 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt No negotiation services?If "Yes," complete Schedule D, Part IV °^ . g 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, 10 No permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V Ij . 11 Ifthe organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable a Did the organization report an amount for land, buildings, and equipment in Part X, line 107 No If"Yes," complete Schedule D, Part VI Ij . Sla b Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of No its total assets reported in Part X, line 167 If "Yes," complete Schedule D, Part VII . 11b c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of No its total assets reported in Part X, line 167 If "Yes," complete Schedule D, Part VIII ^^ .
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