Jephson Educational Trust
- Assets
- $4.4m
- Revenue
- $201.1k
- Investments
- $4.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1948
- Data as of
- 12/2023
- EIN
- 13-6023169
Organization Overview
Jephson Educational Trust is located in Chicago, IL. The organization was established in 1948. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jephson Educational Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Jephson Educational Trust generated $201.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $332.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jephson Educational Trust has awarded 130 individual grants totaling $1,481,010. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 2 | $66,425 | |
John F Parkin Co-Trustee | 1 | $8,631 | |
Robert D Taisey Co-Trustee | 1 | $8,630 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $152,694 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,447 |
| Capital Gain Net Income | $48,447 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $201,141 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $83,686 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,679 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $88,615 |
| Contributions, gifts, grants paid | $243,510 |
| Total expenses and disbursements | $332,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,293 |
| Savings and temporary cash investments | $106,734 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $251,874 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,354,973 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jephson Educational Trust has awarded $243,510 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CHAMPLAIN COLLEGE PURPOSE: SCHOLARSHIP | $5,000 |
SACRED HEART UNIVERSITY PURPOSE: SCHOLARSHIP | $5,000 |
TUFTS UNIVERSITY PURPOSE: SCHOLARSHIP | $10,000 |
NAZARETH COLLEGE PURPOSE: SCHOLARSHIP | $2,500 |
ADELPHI UNIVERSITY PURPOSE: SCHOLARSHIP | $5,000 |
MARYMOUNT MANHATTAN COLLEGE PURPOSE: SCHOLARSHIP | $10,000 |