The Jeas Family Charitable Trust
- Assets
- $676.1k
- Revenue
- $35.6k
- Investments
- $640.0k
- Employees
- 0
- Location
- Jamaica Plain, MA
- Founding
- 04/2011
- Data as of
- 12/2023
- EIN
- 30-0663144
Organization Overview
The Jeas Family Charitable Trust is located in Jamaica Plain, MA. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jeas Family Charitable Trust 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 12/2023, Jeas Family Charitable Trust generated $35.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $59.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jeas Family Charitable Trust has awarded 140 individual grants totaling $194,411. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT FOR GREEK AMERICAN, GREEK ORTHODOX, EDUCATIONAL AND OTHER CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Jeas Trustee | 2 | $0 | |
Ann Jeas Trustee | 1 | $0 | |
Gia Jeas Trustee | 1 | $0 | |
Andrew Jeas Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,141 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,469 |
| Capital Gain Net Income | $25,469 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,610 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,923 |
| Total operating and administrative expenses | $19,323 |
| Contributions, gifts, grants paid | $39,658 |
| Total expenses and disbursements | $58,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,111 |
| 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 | $676,087 |
| 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, The Jeas Family Charitable Trust has awarded $39,658 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
CATHEDRAL PHILOPTOCHOS PURPOSE: TO SUPPORT THE CHARITABLE EFFORTS OF THE PHILOPTOCHOS SOCIETY. | $250 |
DAUGHTERS OF PENELOPE PURPOSE: TO PRESERVE AND PROMOTE THE IDEALS AND TRADITIONS OF HELLENISM | $200 |
FRANCISCAN MONASTERY OF ST CLAIRE PURPOSE: GENERAL SUPPORT FOR THE COMMUNITY AND WORK OF THE POOR CLARE NUNS OF BOSTON | $250 |
GREEK ORTHODOX CATHEDRAL OF NEW ENGLAND PURPOSE: TO SUPPORT THE GREEK ORTHODOX RELIGIOUS COMMUNITY | $1,000 |
MINDS MATTER BOSTON PURPOSE: TO CONNECT STUDENTS FROM LOW INCOME FAMILIES WITH THE PEOPLE, PREPARATION, AND POSSIBILITIES TO SUCCEED IN COLLEGE | $150 |
NATIONAL MULTIPLE SCLEROSIS SOCIETY PURPOSE: TO SUPPORT THE NATIONAL MULTIPLE SCLEROSIS SOCIETY AND THOSE SUFFERING WITH MULTIPLE SCLEROSIS | $250 |