The Jacob Fend Foundation is located in Johnstown, PA. The organization was established in 1981. 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. Jacob Fend 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 12/2022, Jacob Fend Foundation generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $23.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR NEEDY CHILDREN TO FURTHER THEIR EDUCATION
EARLY CHILDHOOD EDUCATION FUND GRANT PROGRAM
SCHOLARSHIPS FOR TUTORING AND SUMMER PROGRAMS
EDUCATION AND DAILY NEEDS OF CHILDREN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian H Lehman Chairman | 0 | $100 | |
Eric F Rummel Vice Chairma | 0 | $100 | |
Marsha A Swansboro Secretary/tr | 0 | $1,100 | |
Amy M Bradley Director | 0 | $75 | |
Donato B Zucco PHD Director | 0 | $50 | |
Jeffrey S Hunt Director | 0 | $100 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,063 |
| Total Revenue | $23,068 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,575 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $65 |
| Other expenses | $1,577 |
| Total operating and administrative expenses | $4,068 |
| Contributions, gifts, grants paid | $19,000 |
| Total expenses and disbursements | $23,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 |
Over the last fiscal year, The Jacob Fend Foundation has awarded $19,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST NATIONAL TRUST COMPANY PURPOSE: SCHOLARSHIP FOR NEEDY CHILDREN | $5,000 |
THE LEARNING LAM PURPOSE: FALL PROGRAMS | $1,000 |
COMMUNITY FOUNDATION OF GR JOHNSTOW PURPOSE: 2020 EARLY CHILDHOOD EDUCATION | $10,000 |
FIRST NATIONAL TRUST COMPANY PURPOSE: SCHOLARSHIP FOR NEEDY CHILDREN | $1,500 |
COMMUNITY ARTS CENTER OF CAMBRIA CN PURPOSE: 2019 ARTS OUTREACH PROGRAM | $500 |
NEW DAY INC PURPOSE: SCHOLARSHIPS 2019 SUMMER CAMP PROG | $500 |