Disable all preview features

Education : Scholarship and Financial Support

JELF - Jewish Educational Loan Fund

Interest free loans for higher education

four stars

92.29

4549 Chamblee Dunwoody Road Atlanta, GA 30338
tel: (770) 396-3080   Web Site
EIN: 58-0568686

Board Leadership
Jane Aronoff
President

CEO
Jenna Leopold Shulman
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 92.29 four stars
  Financial 89.10 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 08/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Jewish Educational Loan Fund (JELF) provides interest-free, last dollar loans to Jewish students in need for their higher education. We are dedicated to the Jewish students in our five-state region of Florida, Georgia, North Carolina, South Carolina and Virginia (excluding metro DC). We believe that students should pursue the academic path that is best for them. Recipients attend a wide range of U.S. accredited college, graduate school or degree-granting vocational programs. We strongly believes that money should not stand between a student and the education that they need to excel in life.

Jewish Educational Loan Fund (JELF) provides interest-free, last dollar loans to Jewish students in need for their higher education. We are dedicated to the Jewish students in our five-state region of Florida, Georgia, North Carolina, South Carolina and Virginia (excluding metro DC). We believe that students should pursue the academic path that is best for them. Recipients attend a wide range of U.S. accredited college, graduate school or degree-granting vocational programs. We strongly believes that money should not stand between a student and the education that they need to excel in life.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Gold Seal of Transparency for voluntarily and publicly describing their goals, strategies, and accomplishments.  Learn More about Impact Information.
Charting Impact

What is your organization aiming to accomplish?

What are your strategies for making this happen?

What are your organization's capabilities for doing this?

How will your organization know if you are making progress?

What have and haven't you accomplished so far?

This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

89.10

Accountability & Transparency

four stars

100.00

This rating was published 08/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
73.1%
  Administrative Expenses 10.2%
  Fundraising Expenses 16.6%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 9.87
  Program Expenses Growth 14.9%
  Liabilities to Assets 0.2%
All data for Financial Performance Metrics calculations was provided by JELF - Jewish Educational Loan Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by JELF - Jewish Educational Loan Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
JELF - Jewish Educational Loan Fund (GA) 92.29 four stars
State University College at Oneonta Foundation Corporation (NY) 92.63 four stars
Jesuit College Preparatory School of Dallas Foundation (TX) 89.91 three stars
Walnut Hills High School Alumni Foundation (OH) 86.01 three stars
Mark Wahlberg Youth Foundation (MA) 92.02 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $990,393
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $380,048
   Related Organizations $0
   Government Grants $0
Total Contributions $1,370,441
   Program Service Revenue $360,000
Total Primary Revenue $1,730,441
   Other Revenue $530,368
TOTAL REVENUE $2,260,809
   
EXPENSES  
   Program Expenses $866,390
   Administrative Expenses $111,997
   Fundraising Expenses $205,368
TOTAL FUNCTIONAL EXPENSES $1,183,755
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,077,054
   
Net Assets $10,568,487

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Education Loan $866,390 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 08/01/2020 92.29 four stars
2018-12 06/01/2020 90.84 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 58-0568686
Name in IRS Master File JEWISH EDUCATIONAL LOAN FUND INC
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(561) Gifts or grants to individuals (other than scholarships)
(349) Other youth organization or activities
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1948
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$141,000 11.91% Jenna Leopold Shulman Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
JELF - Jewish Educational Loan Fund (GA) 92.29 four stars
American Friends of The Tel Aviv University (NY) 92.51 four stars
American Friends of the Hebrew University (NY) 89.22 three stars
Vellore Christian Medical College Foundation (NY) 89.40 three stars
Naval War College Foundation (RI) 93.13 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

JELF - Jewish Educational Loan Fund
4549 Chamblee Dunwoody Road
Atlanta, GA 30338
tel: (770) 396-3080
EIN: 58-0568686

Visit Web Site

Board Leadership

Jane Aronoff
President

CEO

Jenna Leopold Shulman
Chief Executive Officer

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.