Jordan Family Sports Foundation
- Assets
- $44.5k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-2516641
Organization Overview
Jordan Family Sports Foundation is located in Palm Beach, FL. The organization was established in 2009. 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. Jordan Family Sports 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, Jordan Family Sports Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $1.8m during the year ending 12/2022. While expenses have increased by 16.2% per year over the past 5 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 2021, Jordan Family Sports Foundation has awarded 15 individual grants totaling $1,642,992. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOST A YOUTH SPORTS CAMP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John W Jordan II Director, Ce | 5 | $0 | |
Jennifer L Jordan Gorman Director | 2 | $0 | |
John W Jordan III Director, Pr | 40 | $0 | |
Gretchen Jordan Director | 0.5 | $0 | |
Colby Jordan Mugrabi Director | 0.5 | $0 | |
Steven L Rist Sec/treas | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
| 12/30/22 | $381,333 | |
| 12/30/22 | $65,000 | |
| 12/30/22 | $52,961 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,737,689 |
| 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 | $0 |
| Total Revenue | $1,737,694 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $3,824 |
| Occupancy | $18,351 |
| Travel, conferences, and meetings | $35,158 |
| Printing and publications | $0 |
| Other expenses | $103,814 |
| Total operating and administrative expenses | $846,245 |
| Contributions, gifts, grants paid | $927,205 |
| Total expenses and disbursements | $1,773,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,881 |
| 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 | $26,670 |
| Other assets | $4,957 |
| Total assets | $44,508 |
| 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, Jordan Family Sports Foundation has awarded $927,205 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE OF MIAMI PURPOSE: SUPPORT YOUTH SPORTS PROGRAMS | $35,000 |
HUDSON CATHOLIC REGIONAL HIGH SCHOO PURPOSE: SUPPORT YOUTH SPORTS PROGRAMS | $112,560 |
ARCHBISHOP MCCARTHY HIGH SCHOOL PURPOSE: SUPPORT YOUTH SPORTS PROGRAMS | $628,749 |
DUKE UNIVERSITY PURPOSE: SUPPORT DUKE SCHOLARSHIP FUNDS. | $30,000 |
JACKSONVILLE UNIVERSITY PURPOSE: SUPPORT JACKSONVILLE'S SCHOLARSHIPS | $13,758 |
NATIONAL FOOTBALL LEAGUE ALUMNI IN PURPOSE: TO SUPPORT NFL ALUMNI AND YOUTH SPOR | $100,000 |