Daniel Ashley & Irene Houston Jewell Memorial Foundation
- Assets
- $5.0m
- Revenue
- $383.2k
- Investments
- $4.0m
- Employees
- 0
- Location
- Chickamauga, GA
- Founding
- 12/1976
- Data as of
- 06/2023
- EIN
- 58-6034213
Organization Overview
Daniel Ashley & Irene Houston Jewell Memorial Foundation is located in Chickamauga, GA. The organization was established in 1976. 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. Daniel Ashley & Irene Houston Jewell Memorial 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 06/2023, Daniel Ashley & Irene Houston Jewell Memorial Foundation generated $383.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $409.5k during the year ending 06/2023. While expenses have increased by 7.1% per year over the past 3 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 2021, Daniel Ashley & Irene Houston Jewell Memorial Foundation has awarded 116 individual grants totaling $986,226. 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 |
|---|---|---|---|
Ellen J Siegfried Chair | 2 | $0 | |
Thomas Glenn Vice Chair | 1 | $0 | |
W Miller Welbourn Treasurer | 1 | $0 | |
Irene Jewell Staub Secretary | 1 | $0 | |
D Ashley Jewell V Trustee | 0.5 | $0 | |
Robert Houston Jewell III Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $239,700 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $143,465 |
| Capital Gain Net Income | $143,465 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $383,165 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,318 |
| Total operating and administrative expenses | $37,758 |
| Contributions, gifts, grants paid | $371,726 |
| Total expenses and disbursements | $409,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,730 |
| Savings and temporary cash investments | $0 |
| 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 | $1,031,783 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,376,356 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $805 |
| Total assets | $5,019,555 |
| 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, Daniel Ashley & Irene Houston Jewell Memorial Foundation has awarded $371,726 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ABRAHAM BALDWIN AGRICULTURAL COLLEGE SCHOLARSHIP FUND PURPOSE: SCHOLARSHIP FUND | $10,000 |
BACKPACK BLESSINGS PURPOSE: GENERAL SUPPORT | $10,000 |
BETHEL BIBLE VILLAGE PURPOSE: GENERAL SUPPORT | $10,000 |
CASA - LOOKOUT MOUNTAIN PURPOSE: GENERAL SUPPORT | $5,000 |
CELEBRATE RECOVERY PURPOSE: CHRIS MCDANIEL MINISTRIES | $7,500 |
CHICKAMAUGA CITY SCHOOLS PURPOSE: GENERAL SUPPORT | $32,500 |