Jkp Family Foundation
- Assets
- $4.1m
- Revenue
- $511.9k
- Investments
- $3.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-3930130
Organization Overview
Jkp Family Foundation is located in Chicago, IL. 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. Jkp Family 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, Jkp Family Foundation generated $511.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $323.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jkp Family Foundation has awarded 126 individual grants totaling $2,710,280. 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 |
|---|---|---|---|
John K Poorman President, Treasurer | 0.5 | $0 | |
Catherine Poorman Beck Secretary, Director | 0.5 | $0 | |
Jeanne S Poorman Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $610 |
| Dividends & Interest | $130,098 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $223,469 |
| Capital Gain Net Income | $223,469 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,690 |
| Total Revenue | $511,867 |
| 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 | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,437 |
| Total operating and administrative expenses | $26,937 |
| Contributions, gifts, grants paid | $296,600 |
| Total expenses and disbursements | $323,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,528 |
| 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 | $477,066 |
| Total assets | $4,085,905 |
| 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, Jkp Family Foundation has awarded $296,600 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTIN COMMUNITY COLLEGE FOUNDATION PURPOSE: ANNUAL OPERATIONS | $2,500 |
CENTRAL TEXAS FOOD BANK PURPOSE: ANNUAL OPERATIONS | $2,500 |
CHARITY ADVISORS PURPOSE: ANNUAL OPERATIONS | $2,500 |
CHEROKEE COUNTY FIRST STEPS PURPOSE: ANNUAL OPERATIONS | $1,000 |
CHICAGO PUBLIC LIBRARY FOUNDATION PURPOSE: ANNUAL OPERATIONS | $1,000 |
CHICKADEE COUNTRY PURPOSE: ANNUAL OPERATIONS | $500 |