The Jockey Club Safety Net Foundation
- Assets
- $15.9m
- Revenue
- $1.8m
- Investments
- $14.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1945
- Data as of
- 12/2021
- EIN
- 13-6124094
Organization Overview
The Jockey Club Safety Net Foundation is located in New York, NY. The organization was established in 1945. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jockey Club Safety Net 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 12/2021, Jockey Club Safety Net Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $587.3k during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jockey Club Safety Net Foundation has awarded 526 individual grants totaling $2,906,382. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee (appointed August 11, 2021) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $290,360 |
| Interest on Savings | $142 |
| Dividends & Interest | $98,192 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,415,981 |
| Capital Gain Net Income | $1,415,981 |
| Net ST Capital Gain | $0 |
| Income Modifications | $1,700 |
| Profit on Inventory Sales | $1,567 |
| Other Income | $140 |
| Total Revenue | $1,806,382 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,717 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,270 |
| Printing and publications | $170 |
| Other expenses | $5,143 |
| Total operating and administrative expenses | $125,167 |
| Contributions, gifts, grants paid | $462,122 |
| Total expenses and disbursements | $587,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,516,060 |
| 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 | $20,021 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,871,987 |
| Accounts payable and accrued expenses | $21,413 |
| 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 | $21,413 |
Grants Awarded
Over the last fiscal year, The Jockey Club Safety Net Foundation has awarded $463,822 in support to 99 organizations.
| Grant Recipient | Amount |
|---|---|
Elmont, NY PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO INDIVIDUALS IN NEED. THIS FINANCIAL ASSISTANCE IS TO COVER MEDICAL, FUNERAL AND BASIC LIVING EXPENSES ON A TEMPORARY BASIS FOR INDIVIDUALS WITH PROLONGED ILLNESS OR PERMANENT DISABILITIES. | $40,089 |
DONNA DONOVAN PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO INDIVIDUALS IN NEED. THIS FINANCIAL ASSISTANCE IS TO COVER MEDICAL, FUNERAL AND BASIC LIVING EXPENSES ON A TEMPORARY BASIS FOR INDIVIDUALS WITH PROLONGED ILLNESS OR PERMANENT DISABILITIES. | $16,752 |
MICHAEL STRAIGHT PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO INDIVIDUALS IN NEED. THIS FINANCIAL ASSISTANCE IS TO COVER MEDICAL, FUNERAL AND BASIC LIVING EXPENSES ON A TEMPORARY BASIS FOR INDIVIDUALS WITH PROLONGED ILLNESS OR PERMANENT DISABILITIES. | $16,200 |
DANNY WOLSEY PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO INDIVIDUALS IN NEED. THIS FINANCIAL ASSISTANCE IS TO COVER MEDICAL, FUNERAL AND BASIC LIVING EXPENSES ON A TEMPORARY BASIS FOR INDIVIDUALS WITH PROLONGED ILLNESS OR PERMANENT DISABILITIES. | $12,000 |
GWEN JOCSON PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO INDIVIDUALS IN NEED. THIS FINANCIAL ASSISTANCE IS TO COVER MEDICAL, FUNERAL AND BASIC LIVING EXPENSES ON A TEMPORARY BASIS FOR INDIVIDUALS WITH PROLONGED ILLNESS OR PERMANENT DISABILITIES. | $12,000 |
LUISA ALVAREZ PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO INDIVIDUALS IN NEED. THIS FINANCIAL ASSISTANCE IS TO COVER MEDICAL, FUNERAL AND BASIC LIVING EXPENSES ON A TEMPORARY BASIS FOR INDIVIDUALS WITH PROLONGED ILLNESS OR PERMANENT DISABILITIES. | $11,200 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Jockey Club Safety Net Foundation has recieved totaling $9,600.
| Awarding Organization | Amount |
|---|---|
Wsb Family Foundation Albany, NY PURPOSE: DONATION | $3,000 |
C F Pollard Foundation Inc Louisville, KY PURPOSE: CHARITABLE | $2,500 |
Dobson Family Foundation Oklahoma City, OK PURPOSE: GENERAL FUND | $2,500 |
Paul F & Franca G Oreffice Foundation Midland, MI PURPOSE: GENERAL FUND | $1,000 |
Marina P And Stephen E Kaufman Foundation New York, NY PURPOSE: HUMANITARIAN | $500 |
Biszantz Charitable Foundation Tr Lexington, KY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Y2y Network Cambridge, MA | $1,678,487 | $2,146,044 |
Louis August Jonas Foundation Inc Rhinebeck, NY | $11,859,352 | $1,408,816 |
Montclair Hockey Club Inc Upper Montclair, NJ | $628,892 | $1,280,540 |
Key Food Stores Foundation Inc Matawan, NJ | $848,079 | $1,153,250 |
East New York Urban Youth Corps Hdfc Brooklyn, NY | $13,757 | $815,475 |
Need In Deed Philadelphia, PA | $1,174,484 | $716,384 |
Rockaway Youth Task Force Inc Far Rockaway, NY | $381,574 | $541,463 |
The Jockey Club Safety Net Foundation New York, NY | $15,871,987 | $1,806,382 |
Kids Helping Kids Inc Stamford, CT | $103,021 | $291,543 |
Nj District Of Key Club International Summit, NJ | $171,225 | $260,822 |
Optimist International Gilbertsville, PA | $62,566 | $220,879 |
Garden Of Eden Foundation New York, NY | $114,252 | $299,075 |