David M C Ju Foundation
- Assets
- $3.3m
- Revenue
- $316.2k
- Investments
- $3.2m
- Employees
- 0
- Location
- Mendham, NJ
- Founding
- 03/1965
- Data as of
- 08/2023
- EIN
- 13-6165238
Organization Overview
David M C Ju Foundation is located in Mendham, NJ. The organization was established in 1965. 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. David M C Ju 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 08/2023, David M C Ju Foundation generated $316.2k in total revenue. All expenses for the organization totaled $225.5k during the year ending 08/2023. While expenses have increased by 15.0% per year over the past 4 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 2020, David M C Ju Foundation has awarded 27 individual grants totaling $1,045,099. 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 |
|---|---|---|---|
William Ju MD Trustee | 0 | $0 | |
Doris Ju Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $106,975 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $209,189 |
| Capital Gain Net Income | $209,189 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $316,164 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,272 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,264 |
| Printing and publications | $0 |
| Other expenses | $21,059 |
| Total operating and administrative expenses | $38,457 |
| Contributions, gifts, grants paid | $187,000 |
| Total expenses and disbursements | $225,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,053 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,274,637 |
| 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 | $428 |
| Total liabilities | $428 |
Grants Awarded
Over the last fiscal year, David M C Ju Foundation has awarded $187,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RUTGERS UNIVERSITY FOUNDATION PURPOSE: GENERAL CHARITABLE CONTRIBUTION | $25,000 |
ADVANCING INNOVATION IN DERMATOLOGY PURPOSE: GENERAL CHARTIABLE CONTRIBUTIONGENERAL CHARITABLE CONTRIBUTION | $140,000 |
OHSU FOUNDATION PURPOSE: GENERAL CHARITABLE CONTRIBUTION | $5,000 |
SOCIETY FOR INVESTIGATIVE DERMATOLOGY PURPOSE: GENERAL CHARITABLE CONTRIBUTION | $10,000 |
ISID - INTERNAL SOC FOR INVESTIGATIVE DERMATOLOGY PURPOSE: GENERAL CHARITABLE CONTRIBUTION | $2,000 |
PRINCETON UNIVERSITY PURPOSE: GENERAL CHARITABLE CONTRIBUTION | $5,000 |