Jf Charitable Endowment Inc is located in Lubbock, TX. The organization was established in 1988. 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. Jf Charitable Endowment 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 12/2023, Jf Charitable Endowment Inc generated $13.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE ACTIVITIES CONSIST OF FUNDING SELECTED WRITTEN REQUESTSFROM 501C3 ORGANIZATIONS FROM STATE OF TEXAS THERE IS NO DEADLINE FOR SUBMISSIONS OR A STANDARD
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Griffis Director | 1 | $0 | |
Dan Maynes Director | 0 | $0 | |
Kelly Bottoni Director | 0 | $0 | |
Amy Gresinger Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $163 |
| Dividends & Interest | $2,175 |
| 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 | $11,035 |
| Total Revenue | $13,373 |
| 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 | $9 |
| Total operating and administrative expenses | $275 |
| Contributions, gifts, grants paid | $14,575 |
| Total expenses and disbursements | $14,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,149 |
| Savings and temporary cash investments | $100,594 |
| 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 | $3 |
| Total assets | $108,746 |
| 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 |
Over the last fiscal year, Jf Charitable Endowment Inc has awarded $14,575 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LITERARY LUBBOCK PURPOSE: EDUCATIONAL | $1,000 |
VOLUNTEER CENTER OF LUBBOCK PURPOSE: TO INSPIRE A MORE ENGAGED COMMUNITY BY HELPING PEO | $3,575 |
TEXAS TECH UNIVERSITY HEALTH SCIEN PURPOSE: CLINICAL LABORATORY SCIENCE SCHOLARSHIPS | $5,000 |
LAURA BUSH INSTITUTE FOR WOMENS HEA PURPOSE: WOMENS HEALTH | $1,500 |
GUADALUPE NEIGHBORHOOD DEVELOPMENT PURPOSE: MEETING THE NEEDS OF THE COMMUNITY BY PROVIDING PR | $250 |
WAYLAND BAPTIST UNIVERSITY PURPOSE: SUPPORTING SCHOLARSHIPS UNIVERSITY-WIDE OPPORTUNI | $250 |