Jamestown Area Foundation Inc
- Assets
- $13.1m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Xenia, OH
- Founding
- 07/2003
- Data as of
- 12/2023
- EIN
- 31-1148328
Organization Overview
Jamestown Area Foundation Inc is located in Xenia, OH. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jamestown Area 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 12/2023, Jamestown Area Foundation Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 43.3% each year . All expenses for the organization totaled $615.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTINUES TO PROVIDE GRANTS TO COLLEGE STUDENTS TO SUPPLEMENT THE COST OF EDUCATION CONSISTENT WITH MISSION OF THE FOUNDATION
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 |
|---|---|---|---|
David L Pendry Caotrustee | 30 | $42,000 | |
Pamela Pendry Trustee | 4 | $18,000 | |
Lori Howard Trustee | 4 | $18,000 | |
Robert Brill Trustee | 4 | $16,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,664,464 |
| Interest on Savings | $3,991 |
| Dividends & Interest | $214,673 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$178,310 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $107,804 |
| Total Revenue | $3,812,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,067 |
| Other employee salaries and wages | $82,000 |
| Pension plans, employee benefits | $1,221 |
| Interest | $0 |
| Taxes | $9,769 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $804 |
| Other expenses | $7,725 |
| Total operating and administrative expenses | $267,036 |
| Contributions, gifts, grants paid | $348,381 |
| Total expenses and disbursements | $615,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,383 |
| 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 | $13,051,350 |
| Total assets | $13,130,733 |
| 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, Jamestown Area Foundation Inc has awarded $877,596 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOLARSHIPS SEE PG 1 PURPOSE: SCHOLARSHIP PROGRAM | $416,580 |
JAMESTOWN AREA HISTORICAL SOCIETY PURPOSE: LOCATE A HISTORICAL MONUMENT | $22,218 |
SCHOLARSHIPS SEE PG 1 PURPOSE: SCHOLARSHIP PROGRAM | $416,580 |
JAMESTOWN AREA HISTORICAL SOCIETY PURPOSE: LOCATE A HISTORICAL MONUMENT | $22,218 |