Richmond Jewish Foundation
5403 Monument Avenue
Richmond VA 23226
Mission Statement Richmond Jewish Foundation is a primary, trusted and expert resource for planned giving and endowments in Central Virginia. We engage, educate and inspire generations of donors to create ongoing resources for charitable, religious, and educational needs. Our donors may choose legacies of Tzedakah and Tikkun Olam. We effectively steward philanthropic assets entrusted to our care.
CEO/Executive Director Dr. Robert Nomberg
Board Chair Adam S Plotkin
Board Chair Company Affiliation Caprin Asset Management LLC
Contact Information
Address 5403 Monument Avenue
Richmond, VA 23226
Telephone 804 545-8656
Fax 804 282-7507
History and Background
Year of Incorporation 1992
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
Projected Revenue $3,800,000.00
Projected Expenses $2,750,000.00
Mission Richmond Jewish Foundation is a primary, trusted and expert resource for planned giving and endowments in Central Virginia. We engage, educate and inspire generations of donors to create ongoing resources for charitable, religious, and educational needs. Our donors may choose legacies of Tzedakah and Tikkun Olam. We effectively steward philanthropic assets entrusted to our care.
As a people and as a community we take care of each other. Nothing was more evident this past year at the Foundation where we logged the most successful year in over a decade. We are now managing approximately $35 million in assets.  With distributions approximating $1.8 million to 199 different organizations, Our donors consistently demonstrated their support for our community here in Richmond and around the world. This generosity represents the highest grant distribution amount from the Foundation in a decade with 73% of these funds supporting our local Jewish agencies and synagogues. Over $2.1 million was donated by 240 different donors. We are now managing 223 individual funds; donor advised, endowments, gift annuities, trusts and custodial funds for our local synagogues, agencies and nonprofits. The Foundation's tax credit scholarship program experienced exponential growth in its second year. In 2014, we received over $400,000 in donations to support 129 students in 16 schools spread throughout the Commonwealth. With all this success we know there's still more work to do. We recently started a Giving Circle program to help different affinity and alumni groups and friends to join together to support the charities of their choice and the Richmond Jewish Foundation Professional Advisory Committee has been created to offer networking and educational opportunities to the many talented professional advisers in our community.
Needs N/A
For over 30 years, Richmond Jewish Foundation has provided planned giving and endowment services, including agency fund administration, donor-advised funds, charitable trusts, scholarships, and more to individual donors, families, and charities interested in either Richmond area causes or matters of concern to the Jewish community. 
Areas of Service
Areas Served
In a specific U.S. city, cities, state(s) and/or region.
Metro Richmond
Central Virginia
Board Chair
Board Chair Adam S Plotkin
Company Affiliation Caprin Asset Management LLC
Term May 2016 to May 2018
Board of Directors
Board Members
Stacey R. Baum Community Volunteer
Andrew S. Brownstein Global Realty Services Group
Thomas D. Byer UBS Investment Bank
Yossi Ciment Sabra Dipping Company LLC
Miriam R. Davidow Community Volunteer
David Fratkin Dominion Payroll Services
Frances F. Goldman The Tax Complex
David I. Greenberg David I. Greenberg PLC
Ruth Nathanson Greene GreeneHurlocker
Susan Craven Johnson WKH Marketing & Communications Solutions, LLC
Seth Kaplan Morgan Stanley
Roger F. Leibowitz Waterford Investor Services
Gail D. Moskowitz Self-employed LCSW
Adam S. Plotkin Caprin Asset Management
Walter N. Rabhan Tuckahoe Orthopaedic Associates, Ltd.
G.D. Rothenberg Wells Capital Management
Jeffrey A. Scharf Taxing Authority consulting Services, P.C.
Jay Schwartz The Richmond Group USA
Nannette L. Shor Cameron K. Gallagher Foundation
Daniel M. Siegel Sands Anderson
Sandra W. Sisisky Community Volunteer
James L. Weinberg Hirschler Fleischer
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 22
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 14
Female 8
Unspecified 0
Board Term Lengths 3
Board Term Limits 2
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 94
Number of Full Board Meetings Annually 5
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Dr. Robert Nomberg
Full Time Staff 2
Part Time Staff 1
Volunteers 29
Retention Rate 100
Organization has a Strategic Plan?
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Description Last year the Richmond Jewish Foundation awarded grants and distributions to enhance the lives of people in central Virginia and around the world, addressing needs in such areas as education, health and human services, arts and culture, overseas relief, medical research and social action. The Foundation manages assets for other non-profits, provides gift planning services for individuals and families, and manages grant-making programs. The Foundation provides educational seminars for attorneys, accountants and related professionals.
Fiscal Year
Projected Revenue $3,800,000.00
Projected Expenses $2,750,000.00
Endowment Value $11,900,000.00
Spending Policy Percentage
Percentage (if selected) 4
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201620152014
Foundation and
Corporation Contributions
Government Contributions$0$0$0
Individual Contributions$751,074$923,879$1,105,110
Investment Income, Net of Losses$166,552$533,582$2,591,180
Membership Dues------
Special Events------
Revenue In-Kind$738,601$794,714--
Expense Allocation
Fiscal Year201620152014
Program Expense$2,102,293$1,499,603$1,817,987
Administration Expense$187,248$329,119$161,254
Fundraising Expense$41,692$181,515$205,233
Payments to Affiliates------
Total Revenue/Total Expenses0.851.271.82
Program Expense/Total Expenses90%75%83%
Fundraising Expense/Contributed Revenue6%20%19%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$34,377,794$35,219,902$34,806,188
Current Assets$47,806$28,063$184,405
Long-Term Liabilities$12,341,885$13,007,495$13,041,320
Current Liabilities$213,962$32,748$129,648
Total Net Assets$21,821,947$22,179,659$21,635,220
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities0.220.861.42
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets36%37%37%
Capital Campaign
Currently in a Capital Campaign? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit 11/2016View
Foundation Comments
  • Financial information provided from audit
  • Form 990 and audit prepared by Pilc & Moseley, LLC