Jetblue Grants Foundation
- Assets
- $891.6k
- Revenue
- $755.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4103682
Organization Overview
Jetblue Grants Foundation is located in Long Island City, NY. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jetblue Grants 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, Jetblue Grants Foundation generated $755.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $470.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jetblue Grants Foundation has awarded 111 individual grants totaling $2,503,854. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ursula Hurley President | 3 | $0 | |
Icema Gibbs Vice President | 3 | $0 | |
Shawn Holdridge Treasurer | 3 | $0 | |
Joanna Geraghty Director | 3 | $0 | |
Ed Baklor Director | 3 | $0 | |
Amy Burr Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $755,324 |
| Interest on Savings | $413 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $755,737 |
| 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 | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,465 |
| Total operating and administrative expenses | $44,868 |
| Contributions, gifts, grants paid | $426,000 |
| Total expenses and disbursements | $470,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,006 |
| Savings and temporary cash investments | $533,295 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $268,269 |
| 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 | $891,570 |
| Accounts payable and accrued expenses | $9,000 |
| Grants payable | $246,000 |
| 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 | $255,000 |
Grants Awarded
Over the last fiscal year, Jetblue Grants Foundation has awarded $641,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ABOVE THE CLOUDS INC PURPOSE: DISCOVERY AND CADET FLYERS PROGRAM | $25,000 |
AVIATION HIGH SCHOOL PURPOSE: TO PURCHASE 3D PRINTERS FOR SENIOR AIRFRAME AND POWERPLANT STUDENTS WORKING ON LIVE AIRCRAFT IN THEIR ON-SITE HANGAR. | $25,000 |
AVIATION YOUTH MENTORING PROGRAM INC PURPOSE: GENERAL SUPPORT | $25,000 |
ECOEXPLORATORIO PURPOSE: IN THE CLOUDS 2.0 | $25,000 |
FOUNDATION FOR ORANGE COUNTY PUBLIC SCHOOLS SALLY RIDE ELEMENTARY SCHOOL PURPOSE: TO PURCHASE ADDITIONAL SUPPLIES FOR STEM PROGRAMMING AND CLASSES. | $25,000 |
BOYS & GIRLS CLUBS OF BROWARD COUNTY PURPOSE: IONOSPHERE PROGRAM | $10,000 |