John J And Nora Jennings Foundation Inc
- Assets
- $9.2k
- Revenue
- $21.0k
- Investments
- $0.0
- Employees
- 0
- Location
- South Boston, MA
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 55-0797079
Organization Overview
John J And Nora Jennings Foundation Inc is located in South Boston, MA. The organization was established in 2002. 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. John J And Nora Jennings 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 12/2022, John J And Nora Jennings Foundation Inc generated $21.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $20.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John J And Nora Jennings Foundation Inc has awarded 55 individual grants totaling $137,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP TUITION PAYMENTS TO AWARD RECIPIENTS AND RELATED AWARDS BANQUET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan M Jennings Pres / Treas | 2 | $0 | |
Paul T Hynes Secretary | 2 | $0 | |
John Shinkwin Director | 2 | $0 | |
Sarah D Itri Director | 2 | $0 | |
Norman Knight Director | 2 | $0 | |
Stephen F Lynch ESQ Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,000 |
| Interest on Savings | $34 |
| 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 | $21,034 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $936 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $20,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,232 |
| 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 | $0 |
| Total assets | $9,232 |
| 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, John J And Nora Jennings Foundation Inc has awarded $20,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
EDWARD POWER JR PURPOSE: SCHOLARSHIP | $2,500 |
KELLI KONIECZNY PURPOSE: SCHOLARSHIP | $2,500 |
KAITLYN CURLEY PURPOSE: SCHOLARSHIP | $2,500 |
LAUREN POZARK PURPOSE: SCHOLARSHIP | $2,500 |
EMMA WILLIAMS PURPOSE: SCHOLARSHIP | $2,500 |
AIDAN CONNORS PURPOSE: SCHOLARSHIP | $2,500 |