Journal-Gazette Foundation Inc
- Assets
- $9.8m
- Revenue
- $314.6k
- Investments
- $7.4m
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 07/1985
- Data as of
- 12/2021
- EIN
- 31-1134237
Organization Overview
Journal-Gazette Foundation Inc is located in Fort Wayne, IN. The organization was established in 1985. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Journal-Gazette Foundation Inc 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 12/2021, Journal-Gazette Foundation Inc generated $314.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $915.6k during the year ending 12/2021. While expenses have increased by 7.4% per year over the past 4 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 2020, Journal-Gazette Foundation Inc has awarded 148 individual grants totaling $1,584,815. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harriett J Inskeep President | 1 | $0 | |
Thomas R Inskeep Board Member | 1 | $0 | |
Heather D Heal Secretarytreasurer | 3 | $0 | |
Stephen S Inskeep Vice President | 1 | $0 | |
Julie Inskeep Simpson Vice President | 1 | $0 | |
Devon A Haynie Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $147,964 |
| Interest on Savings | $203 |
| Dividends & Interest | $166,397 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,014,053 |
| Net ST Capital Gain | $210,998 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $314,564 |
| 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 | $377 |
| Travel, conferences, and meetings | $700 |
| Printing and publications | $537 |
| Other expenses | $0 |
| Total operating and administrative expenses | $79,550 |
| Contributions, gifts, grants paid | $836,066 |
| Total expenses and disbursements | $915,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,874 |
| Savings and temporary cash investments | $1,976,643 |
| 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 | $9,773,846 |
| Accounts payable and accrued expenses | $73,372 |
| Grants payable | $281,000 |
| 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 | $354,372 |
Grants Awarded
Over the last fiscal year, Journal-Gazette Foundation Inc has awarded $836,066 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF ALLEN COUNTY PURPOSE: OPERATIONS | $135,000 |
Fort Wayne, IN PURPOSE: CAPITAL | $125,000 |
THE HISTORY CENTER PURPOSE: CAPITAL OPERATIONS | $54,000 |
YWCA PURPOSE: CAPITAL OPERATIONS | $51,500 |
Fort Wayne, IN PURPOSE: CAPITAL | $50,000 |
COMMUNITY HARVEST FOOD BANK PURPOSE: OPERATIONS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Printing House For The Blind Inc Louisville, KY | $180,982,979 | $23,623,768 |
Greater Education Opportunities Foundation Indianapolis, IN | $17,673,440 | $7,674,537 |
The Center For Economic Research And Social Change Inc Chicago, IL | $10,561,395 | $6,102,602 |
Life Christian Outreach Inc Columbia, MO | $987,065 | $3,533,207 |
The Christian Century Chicago, IL | $17,596,828 | $3,273,341 |
Investigative Reporters And Editors Inc Columbia, MO | $8,372,941 | $3,252,818 |
Midwest Political Science Association Bloomington, IN | $7,512,584 | $2,303,181 |
Growing Community Media Nfp Oak Park, IL | $1,136,740 | $1,810,239 |
Rod & Staff Publishers Inc Crockett, KY | $12,819,778 | $1,848,923 |
Cedille Chicago Nfp Chicago, IL | $9,252,779 | $1,449,691 |
Wcij Inc Madison, WI | $2,099,123 | $1,902,825 |
Purdue Student Publishing Foundation West Lafayette, IN | $4,866,330 | $726,874 |