Jks Foundation
- Assets
- $2.0m
- Revenue
- -$1.1m
- Investments
- $1.9m
- Employees
- 0
- Location
- Holladay, UT
- Founding
- 05/2011
- Data as of
- 12/2022
- EIN
- 26-3948638
Organization Overview
Jks Foundation is located in Holladay, UT. The organization was established in 2011. 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. Jks Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Jks Foundation has awarded 58 individual grants totaling $1,332,650. 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
CAMP OAKLEY - FULL CAMP-OUT SITE EXPERIENCE OUTFITTED FOR WHEELCHAIR USERS AND OTHER WITH DIFFERENES IN MOBILITY. FACILITED THROUGH NATIONAL ABILITIES CENTER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Sorenson Treasurer | 1 | $500 | |
Kathleen Sorenson Director | 1 | $500 | |
Holly Grierson Director | 1 | $500 | |
Heather S Baugh Director | 1 | $500 | |
Jason Sorenson Director | 1 | $500 | |
Jessica Hutchinson Director | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $527 |
| Dividends & Interest | $55,681 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,139,168 |
| Capital Gain Net Income | $56,959 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,082,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,125 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $163 |
| Total operating and administrative expenses | $27,559 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $127,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $66,869 |
| 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 | $1,950,974 |
| Accounts payable and accrued expenses | $476 |
| 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 | $100,250 |
| Total liabilities | $100,726 |
Grants Awarded
Over the last fiscal year, Jks Foundation has awarded $100,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
OPERATION UNDERGROUND RAILROAD PURPOSE: GENERAL SUPPORT | $10,000 |
STAND 4 KIND PURPOSE: GENERAL SUPPORT | $10,000 |
RITE CARE OF UTAH PURPOSE: GENERAL SUPPORT | $10,000 |
SENIOR CHARITY CARE PURPOSE: GENERAL SUPPORT | $20,000 |
FAMILY COUNSELING SERVICES OF NORTHERN UTAH PURPOSE: GENERAL SUPPORT | $10,000 |
BALLET WEST PURPOSE: GENERAL SUPPORT | $10,000 |