Jb Foundation Inc
- Assets
- $1.1m
- Revenue
- $71.6k
- Investments
- $1.0m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 01/2000
- Data as of
- 09/2023
- EIN
- 59-3611795
Organization Overview
Jb Foundation Inc is located in Jacksonville, FL. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jb 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 09/2023, Jb Foundation Inc generated $71.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $160.7k during the year ending 09/2023. While expenses have increased by 16.7% 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 2015, Jb Foundation Inc has awarded 81 individual grants totaling $649,028. 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 |
|---|---|---|---|
Judith S Beaubouef Director | 10 | $0 | |
James R Beaubouef Director | 2 | $0 | |
Barbara J Bunch Director | 10 | $12,000 | |
John Ryan Beaubouef Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $142 |
| Dividends & Interest | $37,343 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,125 |
| Capital Gain Net Income | $34,125 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,610 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $918 |
| Interest | $0 |
| Taxes | $268 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,279 |
| Total operating and administrative expenses | $27,005 |
| Contributions, gifts, grants paid | $133,700 |
| Total expenses and disbursements | $160,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $62,895 |
| 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 | $149,878 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,083,249 |
| Accounts payable and accrued expenses | $209 |
| 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 | $209 |
Grants Awarded
Over the last fiscal year, Jb Foundation Inc has awarded $133,700 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST HEALTH FOUNDATION PURPOSE: SUPPORTS COMMUNITY HEALTHCARE | $50,000 |
FEEDING NORTHEAST FLORIDA PURPOSE: TO SUPPORT A FOODBANK FOR NORTHEAST FLORIDA RESIDENTS | $25,000 |
JACKSONVILLE ZOOLOGICAL SOCIETY INC PURPOSE: SUPPORTS WILDLIFE AND THE ENVIRONMENT | $4,700 |
READ USA INC PURPOSE: PROMOTES PROVIDING READING MATERIALS FOR LOW-INCOME CHILDREN | $10,000 |
RENEWING DIGNITY INC PURPOSE: PROVIDES FEMININE PRODUCTS AND EDUCATION TO LOCAL COMMUNITIES | $1,000 |
THE COMMUNITY FOUNDATION PURPOSE: SUPPORTS PROJECTS AND PROGRAMS THAT SERVE THE RESIDENTS OF THE COMMUNITY | $11,500 |