Jasper Newton Foundation Inc Jasper Foundation Inc

Organization Overview

Jasper Newton Foundation Inc Jasper Foundation Inc is located in Rensselaer, IN. The organization was established in 1992. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Jasper Newton Foundation Inc Jasper Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jasper Newton Foundation Inc Jasper 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, Jasper Newton Foundation Inc Jasper Foundation Inc generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 15.7% per year over the past 7 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 2014, Jasper Newton Foundation Inc Jasper Foundation Inc has awarded 116 individual grants totaling $4,933,743. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST DONORS IN CREATING A SOURCE OF ASSETS TO MEET THE ONGOING AND CHANGING NEEDS AND INTERESTS OF THE PEOPLE OF ALL OF OUR JASPER AND NEWTON COUNTY COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOLICITING, RECEIVING, MANAGING, AND DISTRIBUTING GIFTS TO MEET THE NEEDS OF JASPER AND NEWTON COUNTY CITIZENS AND ORGANIZATIONS.


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)Compensation
Brienne Hooker
Executive Di
$77,050
Alan Washburn
Chairman
$0
Ashley Hopp
Vice Chairma
$0
Candace Armstrong
Corp Secreta
$0
Bethany Busboom
Director
$0
Dave Schrum
Corp Treasur
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,046,941
Noncash contributions included in lines 1a–1f $5,123
Total Revenue from Contributions, Gifts, Grants & Similar$4,046,941
Total Program Service Revenue$0
Investment income $1,018,876
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,360
Net Gain/Loss on Asset Sales $115,937
Net Income from Fundraising Events $12,163
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,202,652

Grants Awarded

Over the last fiscal year, Jasper Newton Foundation Inc Jasper Foundation Inc has awarded $859,449 in support to 24 organizations.

Grant RecipientAmount

TOWN OF KENTLAND

PURPOSE: COMMUNITY

$224,146

CITY OF RENSSELAER PPF

PURPOSE: COMMUNITY

$117,469

RIGHT STEPS CHILD DEVELOPMENTCENTERS

Org PageRecipient Profile

Lafayette, IN

PURPOSE: EDUCATIONAL

$117,289

LAKE VILLAGE PRESBYTERIAN CHURCHLITTLE HELP FOOD PANTRY

PURPOSE: COMMUNITY

$50,000

GEORGE ADE HISTORIC PRESERVATIONCOMMISSION

PURPOSE: COMMUNITY

$44,000

NEWTON COUNTY COMMUNITY SERVICES

Org PageRecipient Profile

Morocco, IN

PURPOSE: COMMUNITY

$43,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Jasper Newton Foundation Inc Jasper Foundation Inc has recieved totaling $10,642.

Awarding OrganizationAmount
Indiana Philanthropy Alliance Foundation Inc

Indianapolis, IN

PURPOSE: Intern Program

$10,642
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$23,136,010
Earnings$1,976,735
Net Contributions$1,104,363
Grants$1,177,506
Ending Balance$25,039,602

Create an account to unlock the data you need.

or