J I Foundation Inc
- Assets
- $4.4m
- Revenue
- -$67.6k
- Investments
- $4.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1956
- Data as of
- 12/2022
- EIN
- 13-6149199
Organization Overview
J I Foundation Inc is located in New York, NY. The organization was established in 1956. 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 I Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, J I Foundation Inc has awarded 105 individual grants totaling $1,841,750. 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 |
|---|---|---|---|
Jane Wi Droppa President | 1 | $0 | |
Larry D Droppa Vice-President/trustee | 1 | $0 | |
Michael S Arlein Secretary/asst Treasurer | 1 | $0 | |
Katherine Droppa Trustee | 1 | $0 | |
Jack Droppa Trustee | 1 | $0 | |
Daniel Watson Droppa Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $79,195 |
| Dividends & Interest | $60,502 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$261,073 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $53,732 |
| Total Revenue | -$67,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,847 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $67,973 |
| Total operating and administrative expenses | $85,528 |
| Contributions, gifts, grants paid | $460,500 |
| Total expenses and disbursements | $546,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,517 |
| Savings and temporary cash investments | $199,651 |
| 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 | $2,672,716 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,379,973 |
| 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, J I Foundation Inc has awarded $460,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL CHARITABLE PURPOSES | $4,500 |
BRICK PRESYBTERIAN CHURCH PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
BRING CHANGE 2 MIND PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
CENTER STAGE THEATER PURPOSE: CAPITAL CAMPAIGN | $40,000 |
FRIENDS OF WWII MEMORIAL FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $100,000 |
FUND FOR JOHNS HOPKINS MEDICINE PURPOSE: DR. SHEN'S RESEARCH | $50,000 |