The Jegs Foundation
- Assets
- $1.3m
- Revenue
- $618.1k
- Investments
- $1.2m
- Employees
- 0
- Location
- Delaware, OH
- Founding
- 06/2002
- Data as of
- 12/2021
- EIN
- 31-1731261
Organization Overview
The Jegs Foundation is located in Delaware, OH. The organization was established in 2002. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jegs 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 12/2021, Jegs Foundation generated $618.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $613.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAKING OF GIFTS AND GRANTS IN AID, SUPPORT AND ASSISTANCE TO THE EXEMPT PURPOSES OF CHARITABLE ORGANIZATIONS AS SET FORTH IN INTERNAL REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Troy Coughlin President & Trustee | 2.5 | $0 | |
Edward John Coughlin Sec./treasurer & Trustee | 2.5 | $0 | |
Jeg Anthony Coughlin Trustee | 2.5 | $0 | |
Michael Allen Coughlin Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $619,909 |
| Interest on Savings | $0 |
| Dividends & Interest | $77,190 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$79,030 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $618,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $609 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $3,809 |
| Contributions, gifts, grants paid | $610,000 |
| Total expenses and disbursements | $613,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,701 |
| 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 | $123,062 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,294,737 |
| 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 Jegs Foundation has awarded $1,035,125 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JAMES CANCER RESEARCH HOSPITAL - OHIO STATE UNIVERSITY PURPOSE: GENERAL SUPPORT | $610,000 |
Diamond Bar, CA PURPOSE: PLACER COMMUNITY BASED SUPPLEMENTAL ENVIRONMENTAL PROJECT PROGRAM | $425,125 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Jegs Foundation has recieved totaling $6,165.
| Awarding Organization | Amount |
|---|---|
United Way Worldwide Alexandria, VA PURPOSE: General Charitable Operation | $6,165 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anabaptist Foundation Lewisburg, PA | $47,495,861 | $36,276,504 |
Tournaments For Charity Dublin, OH | $4,978,426 | $26,375,151 |
The Lenfest Inst For Journalism Spe Asset Fund Of The Phl Foundation Philadelphia, PA | $99,634,192 | $14,397,650 |
Others First Inc Rochester Hills, MI | $4,306,956 | $11,125,375 |
Harrison County Community Foundation Support Organ Inc Corydon, IN | $251,226,152 | $18,808,603 |
The Edward Lowe Foundation Cassopolis, MI | $139,490,354 | $14,349,160 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
The Meg And Bennett Goodman Family Foundation Jenkintown, PA | $50,458,470 | $11,004,981 |
Old National Bank Foundation Inc Evansville, IN | $1,059,679 | $25,162 |
Peyback Foundation Inc Independence, OH | $4,792,942 | $1,855,787 |
Kentucky Casa Network Inc Louisville, KY | $365,575 | $1,855,866 |