Commentary Inc.

Commentary Inc. is the publisher of Commentary, a monthly opinion magazine that was founded in 1945 by the American Jewish Committee. Commentary has consistently focused its content on American intellectual life, covering topics like the fate of democracy, the future of Jewish people and culture in Israel, the U.S., and worldwide, and the preservation of high culture. 1 Commentary seeks to promote the Western way of life, defend the State of Israel, and address anti-Semitism, all while supporting the future of the Jewish people. 1

At-A-Glance

Formation:

1991

President:

John Podhoretz

President’s Salary:

$396,205 2

Location: New York, NY View on map
Tax ID: 13-3610041
Most Recent Filing: 2024
Budget (2024): Assets: $8,291,554 Revenue: $3,862,402 Expenses: $2,925,748

Contents

    History

    Commentary magazine was founded in November 1945 by the American Jewish Committee, an international advocacy organization for the Jewish people, with Elliot Cohen as its founding editor. From its founding, Commentary was meant to serve as an expression of beliefs, especially as it regards the idea of the United States, America’s role in advancing Western civilization, and the continued existence of the Jewish people. Cohen called the magazine “an act of faith in our possibilities in America.” 3

    Originally a left-of-center publication, Commentary later became a flagship journal of neoconservatism in the 1970s and claims to have produced articles that have been both controversial and hugely influential, influencing debates and discussions in universities and among policy analysts, activists, and serious thinkers around the world. 3

    Commentary continues its singular approach to the considerations of Judaism, Jewish life, and the traditions of Western civilization. Under subsequent editors, Norman Podhoretz, Neal Kozodoy, and John Podhoretz, Commentary remains committed to sustaining the future of the Jewish people, calling attention to anti-Semitism while defending Zionism and the State of Israel, and protecting the ideals of the West. 3

    Contemporary Writings

    In an April 2023 article, Commentary writer James Meigs was critical of the Biden administration’s CHIPS and Science Act, which would allocate billions of dollars to build new microchip factories in the U.S. The article called the Act a “disaster in the making” that will fail and pointed to the failure of most top-down industrial-policy programs, the potential for the program to become an insider racket, and flaws in the administration’s ideologies about how the economy and private enterprise work. The article suggested that the U.S. semiconductor industry is not in fact challenged by a lack of capital, but instead by cumbersome regulations that block or deter the construction of new plants as well as outdated regulations that prevent the mining of mineral resources required for making microchips. 4

    Commentary published several articles following Israel’s November 2022 election that saw Prime Minister Benjamin Netanyahu return to power at the head of a right-leaning coalition. The articles primarily focused on the hysterical reaction and protests of Israelis and American Jews to the victory of Israel’s new coalition government. Commentary editor John Podhoretz stated that Netanyahu’s coalition planned to enact an activist agenda, which angered, scared, or alarmed those who did not vote for parties of the right, but that the reactionary protests of the left are self-righteous. Podhoretz went on to say that the new government came to power in a legitimate election and that although the new government had mistakenly made some hasty decisions, it was the protesters who have behaved in unprecedented ways and are upsetting the ideals of a proper democratic process. 5

    Funding

    Commentary is funded by donations from individuals, foundations, and businesses. While Commentary does not disclose its donors, tax filings confirm donations from the Jewish Communal Fund ($137,300 in 2016), 6 the Tina and Steven Price Charitable Foundation ($25,000 in 2019), 7 and the Thomas W. Smith Foundation ($25,000 in 2017). 8

    People

    As of 2023, John Podhoretz was the editor of Commentary. 1

    As of 2023, Commentary Inc.’s board of trustees included Michael Leffell, Daniel Benson, Steven Price, Dan Senor. 1 Michael Leffell is the chair of the board of Commentary and a trustee of the Jewish Institute for National Security of America. 9 Daniel Benson is a lawyer involved in commercial litigation. 10 Steven Price is a trustee of the Tina and Steven Price Charitable Foundation and formerly sat on the board of UJA Federation of New York. 11 Dan Senor is a trustee of the Paul E. Singer Foundation. 12

    Other members of the board include Paul J. Isaac, Liz Lange, Jay Lefkowitz, Gary L. Rosenthal, and Michael W. Schwartz. 1

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $8,291,554 $3,862,402 $2,925,748 View
    2023 $6,639,444 $2,724,197 $2,911,066 View
    2022 $5,477,296 $2,596,637 $2,858,304 View
    2021 $6,537,680 $2,900,591 $2,997,785 View
    2020 $6,216,451 $2,257,889 $2,910,972 View

    Prior year filings: 2019, 2018, 2017, 2015, 2014, 2013, 2012, 2011, 2010

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 5

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    John PodhoretzPRESIDENT, EDITOR$611,123
    Stephanie RobertsDIRECTOR OF OPERATIONS$276,759
    Seth MandelART DIRECTOR$230,057
    Abe GreenwaldEXECUTIVE EDITOR$228,915

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $12,266,116
    • Number of Grants: 466
    • Number of Funders: 137

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $306,0002024 National Philanthropic TrustRELIGION
    $287,5002022 National Philanthropic TrustCULTURE & ARTS
    $260,0002020 National Philanthropic TrustReligion
    $252,5002021 National Philanthropic TrustRELIGION
    $160,0002021 Gale FoundationUnrestricted
    $150,0002022 Gale FoundationUnrestricted
    $125,0002024 Tina & Steven Price Charitable FoundationCHARITABLE
    $125,0002020 Gale FoundationUnrestricted
    $100,0002024 The Peter & Judy Copses FoundationTO SAFEGUARD AND STRENGTHEN JEWS AND JEWISH LIFE WORLDWIDE BY PROMOTING DEMOCRATIC AND PLURALISTIC SOCIETIES THAT RESPECT THE DIGNITY OF ALL PEOPLES
    $100,0002023 Gale FoundationUnrestricted
    $96,2602023 Jewish Communal FundIN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
    $83,4002024 Jewish Communal FundIN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
    $79,0942022 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $75,1002024 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $75,0002024 Gale FoundationUnrestricted
    $75,0002024 Lisa & Michael Leffell FoundationPUBLIC BROADCASTING AND MEDIA
    $75,0002023 Lisa & Michael Leffell FoundationPUBLIC BROADCASTING AND MEDIA
    $75,0002022 Lisa & Michael Leffell FoundationPUBLIC BROADCASTING AND MEDIA
    $75,0002021 Lisa & Michael Leffell FoundationPUBLIC BROADCASTING AND MEDIA
    $75,0002020 Lisa & Michael Leffell FoundationPUBLIC BROADCASTING AND MEDIA
    $69,5002023 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $68,2222022 Jewish Communal FundGENERAL SUPPORT
    $60,3002022 Donors Trust Incfor general operations
    $60,0002023 Gs Donor Advised Philanthropy Fund for Wealth Management IncARTS AND CULTURE
    $58,7002020 Jewish Communal FundGeneral support

    References

    1. “About.” Commentary. Accessed April 8, 2023. https://www.commentary.org/about/.
    2. Commentary Inc, Return of Organization Exempt from Income Tax (Form 990), 2020, Part VII, Section A, Line 1a.
    3. “About.” Commentary. Accessed April 24, 2023. https://www.commentary.org/about/.
    4. Meigs, James B. “The Biden Progressive Bait-and-Switch.” Commentary, April 2023. Accessed April 10, 2023. https://www.commentary.org/articles/james-meigs/biden-chips-and-science-act/.
    5. Podhoretz, John. “The Mess in Israel.” Commentary, April 2023. Accessed April 10, 2023. https://www.commentary.org/articles/john-podhoretz/israels-political-mess/.
    6. [1] Jewish Communal Fund, Return of Organization Exempt from Income Tax (Form 990), 2016, Schedule I, Part II.
    7. Tina & Steven Price Charitable Foundation, Return of Private Foundation (Form 990-PF), 2019, Part XV, Line 3.
    8.  Thomas W. Smith Foundation, Return of Private Foundation (Form 990-PF), 2017, Part XV, Line 3.
    9. “Michael J. Leffell.” Jewish Institute for National Security of America. Accessed April 8, 2023. https://jinsa.org/person/michael-leffell/.
    10. Kasowitz Benson Torres LLP. “Daniel R. Benson: Kasowitz.” Kasowitz Benson Torres LLP. Accessed April 18, 2023. https://www.kasowitz.com/people/all/daniel-r-benson/.
    11. “Stephen Price.” Inside Philanthropy. Archived from the original November 7, 2017. Accessed April 8, 2023. http://web.archive.org/web/20171107024903/https://www.insidephilanthropy.com/jewish-funders/2016/5/19/steven-price.html
    12. [1] “Dan Senor.” Elliott Investment Management. Accessed April 8, 2023. https://www.elliottmgmt.com/who-we-are/dan-senor/.