Jackson State University Development Foundation Inc

Organization Overview

Jackson State University Development Foundation Inc is located in Jackson, MS. The organization was established in 1970. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jackson State University Development 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.

For the year ending 06/2021, Jackson State University Development Foundation Inc generated $14.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $5.3m during the year ending 06/2021. While expenses have increased by 3.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL SUPPORT TO THE JSU ACADEMIC PROGRAMS, STUDENT SCHOLARSHIPS AS WELL AS GENERAL UNIVERSITY SUPPORT

Describe the Organization's Program Activity:

Part 3 - Line 4a

-SUPPORTED THE UNIVERSITY WITH GENERAL, ACADEMIC, STUDENT SERVICES AND


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Board, Officers & Key Employees

Name (title)Compensation
Gwen Caples
Executive
$0
Alveno Castill
Member
$0
Brian Johnson
Member
$0
Leroy Walker
Member
$0
Greg Thompson
Member
$0
Robert Smith
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$15,790
Related organizations$0
Government grants $206,005
All other contributions, gifts, grants, and similar amounts not included above$6,741,444
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,963,239
Total Program Service Revenue$196,694
Investment income $628,249
Tax Exempt Bond Proceeds $0
Royalties $3,133
Net Rental Income $626,648
Net Gain/Loss on Asset Sales $3,102,731
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,096,269

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Jackson State University Development Foundation Inc has recieved totaling $603,940.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$290,950
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$60,247
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$60,247
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$55,842
Centerpoint Energy Foundation Inc

Houston, TX

PURPOSE: CSET CODING ACADEMY

$30,000
Deloitte Foundation

Stamford, CT

PURPOSE: FY'21 MATCHING GIFTS & DELOITTE FANTAXTIC CASE STUDY COMPETITION

$27,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,985,606
Earnings$3,661,619
Net Contributions$2,854,344
Other Expense$235,421
Ending Balance$33,266,148

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