Jaffee Fam Foundation is located in Laguna Beach, CA. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Jaffee Fam 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 12/2022, Jaffee Fam Foundation generated $401.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (42.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jaffee Fam Foundation has awarded 107 individual grants totaling $2,737,147. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan M Jaffe Secretary | 5 | $0 | |
Karen Jaffe President | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,631 |
| Dividends & Interest | $314,668 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,395 |
| Capital Gain Net Income | $83,395 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $401,694 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,258 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $42,922 |
| Contributions, gifts, grants paid | $1,168,447 |
| Total expenses and disbursements | $1,211,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,703 |
| Savings and temporary cash investments | $119,251 |
| 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 | $7,323,638 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,561,599 |
| 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 |
Over the last fiscal year, Jaffee Fam Foundation has awarded $1,168,447 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF LAGUNA BEACH PURPOSE: DEVELOPMENT OF "T HE DREAM PLAY YARD" SKATE PARK CONVERSATION | $80,000 |
BOYS AND GIRLS CLUB OF LAGUNA BEACH PURPOSE: HOLIDAY GIFT DRIVE | $500 |
CHP 11 99 FOUNDATION PURPOSE: UNRESTRICTED | $3,009 |
CHAPMAN UNIVERSITY PURPOSE: HOLOCAUST EDUCATION | $2,500 |
CITY OF HOPE PURPOSE: IN SUPPORT OF SPIRIT OF LIFE GALA; NO BENEFITS RECEIVED | $50,000 |
CITY OF HOPE PURPOSE: PADDLE RAISE - 2022 CIA SPIRIT OF LIFE GALA | $25,000 |