J M Foundation
- Assets
- $0.0
- Revenue
- $243.5k
- Investments
- $24.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 04/1936
- Data as of
- 12/2020
- EIN
- 13-6068340
Organization Overview
J M Foundation is located in Milwaukee, WI. The organization was established in 1936. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J M Foundation 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 12/2020, J M Foundation generated $243.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (49.6%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, J M Foundation has awarded 20 individual grants totaling $1,083,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Olander Exec Dir Emeritus/asst Sec | 10 | $21,000 | |
Jeremiah Bogert Vice President | 1 | $0 | |
Jeremiah Milbank III President | 1 | $0 | |
Peter C Morse Secretary/treasurer | 1 | $0 | |
Carl Helstrom Executive Director/asst Tr | 20 | $118,870 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silvercrest Asset Management Group | 12/30/20 | $150,120 |
Silvercrest Special | 12/30/20 | $67,287 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $418,420 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $243,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $139,870 |
| Pension plans, employee benefits | $42,935 |
| Depreciation | $0 |
| Occupancy | $18,827 |
| Travel, conferences, and meetings | $4,836 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $437,706 |
| Contributions, gifts, grants paid | $1,083,500 |
| Total expenses and disbursements | $1,521,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,482,312 |
| Other assets | $237,985 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $262,644 |
Grants Awarded
Over the last fiscal year, J M Foundation has awarded $1,083,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN OVERSEAS MEMORIAL DAY ASSOCIATION FOUNDATION PURPOSE: BASTOGNE MEMORIAL FUND | $10,000 |
BOYS AND GIRLS CLUBS OF CENTRAL VIRGINIA PURPOSE: GENERAL SUPPORT | $8,000 |
BOYS AND GIRLS CLUBS OF AMERICA PURPOSE: LEADERSHIP DEVELOPMENT AT LOCAL CLUBS | $260,000 |
BOYS AND GIRLS CLUBS OF THE LOWCOUNTRY PURPOSE: GENERAL SUPPORT | $25,000 |
BOARD MATCHING GIFTS PURPOSE: GENERAL SUPPORT | $85,500 |
COMMONWEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |