Katherinejames Foundation
- Assets
- $57.8m
- Revenue
- $284.8k
- Investments
- $56.0m
- Employees
- 0
- Location
- Dorado, PR
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 66-0888427
Organization Overview
Katherinejames Foundation is located in Dorado, PR. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Katherinejames 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 12/2021, Katherinejames Foundation generated $284.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.8%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Katherinejames Foundation has awarded 96 individual grants totaling $8,296,998. 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 |
|---|---|---|---|
Jeremy Mcneil President | 10 | $0 | |
Leroy Sisneros Director | 0.05 | $0 | |
Rosemarie T Donovan Director | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $577,783 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $4,339,316 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$292,975 |
| Total Revenue | $284,808 |
| 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 | $2,031 |
| Printing and publications | $0 |
| Other expenses | $2,959 |
| Total operating and administrative expenses | $245,095 |
| Contributions, gifts, grants paid | $2,548,499 |
| Total expenses and disbursements | $2,793,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,795,238 |
| 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 | $29,310,402 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $57,831,686 |
| 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 | $400,595 |
| Total liabilities | $400,595 |
Grants Awarded
Over the last fiscal year, Katherinejames Foundation has awarded $2,950,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
BISHOP MANOGUE CATHOLIC HIGH SCHOOL PURPOSE: MISSION TRIPSWALKWAYSSECURITY ENHANCEMENT | $100,000 |
CATHOLIC PROFESSIONAL & BUSINESS GROUP PURPOSE: UNRESTRICTED | $4,999 |
HOGAR MIS PRIMEROS PASOS INC PURPOSE: BUILDING FUND AND FUNDRAISER | $50,000 |
OUR LADY OF THE SNOWS SCHOOL PURPOSE: BUILDING FUND | $100,000 |
NEVADA RIGHT TO LIFE FOUNDATIN INC PURPOSE: UNRESTRICTED | $150,000 |
BOYS & GIRLS CLUB OF PUERTO RICO PURPOSE: UNRESTRICTED | $50,000 |