Carnahan-Jackson Foundation
- Assets
- $9.3m
- Revenue
- $422.8k
- Investments
- $9.1m
- Employees
- 0
- Location
- Erie, PA
- Founding
- 02/1973
- Data as of
- 07/2024
- EIN
- 16-6151608
Organization Overview
Carnahan-Jackson Foundation is located in Erie, PA. The organization was established in 1973. 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. Carnahan-Jackson 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 07/2024, Carnahan-Jackson Foundation generated $422.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $726.3k during the year ending 07/2024. While expenses have increased by 1.9% per year over the past 9 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 2015, Carnahan-Jackson Foundation has awarded 283 individual grants totaling $5,879,430. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $384,379 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,422 |
| Capital Gain Net Income | $38,422 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $422,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,299 |
| Other employee salaries and wages | $83,300 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,458 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,128 |
| Total operating and administrative expenses | $169,525 |
| Contributions, gifts, grants paid | $556,778 |
| Total expenses and disbursements | $726,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $163,792 |
| 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 | $75,144 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,265,626 |
| 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, Carnahan-Jackson Foundation has awarded $556,778 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
HEALING WORD MINISTRIESBREAD OF LIFE PURPOSE: GENERAL FUND | $1,000 |
A CHILDREN'S PLACE PURPOSE: TO ADVANCE PURPOSE | $25,000 |
ROGER TORY PETERSON INSTITUTE PURPOSE: UNRESTRICTED GENERAL | $20,000 |
HOUGHTON COLLEGE PURPOSE: GENERAL OPERATIONS | $25,000 |
BOYS & GIRLS CLUB OF JAMESTOWN INC (WDC) PURPOSE: AFTER SCHOOL PROGRAMS | $45,000 |
UNITED NEGRO COLLEGE FUND PURPOSE: UNRESTRICTED- GENERAL | $5,250 |