A J & Jessie Duncan Foundation
- Assets
- $2.4m
- Revenue
- $170.2k
- Investments
- $2.1m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 03/1955
- Data as of
- 02/2024
- EIN
- 75-6018425
Organization Overview
A J & Jessie Duncan Foundation is located in Fort Worth, TX. The organization was established in 1955. 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. A J & Jessie Duncan 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 02/2024, A J & Jessie Duncan Foundation generated $170.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $127.5k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, A J & Jessie Duncan Foundation has awarded 85 individual grants totaling $981,226. 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 |
|---|---|---|---|
Harold A Brown President | 2 | $0 | |
Christopher Pruitt Vice Pres/tr | 2 | $0 | |
Allison Snyder Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,502 |
| Dividends & Interest | $71,434 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $81,603 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,695 |
| Total Revenue | $170,234 |
| 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 | $17,244 |
| Printing and publications | $0 |
| Other expenses | $10,076 |
| Total operating and administrative expenses | $31,070 |
| Contributions, gifts, grants paid | $96,436 |
| Total expenses and disbursements | $127,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,935 |
| Savings and temporary cash investments | $229,632 |
| 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 | $250,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,391,288 |
| 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, A J & Jessie Duncan Foundation has awarded $96,436 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
RIALS CREEK UNTD METH CH PURPOSE: OPERATIONS | $10,000 |
FATHER AND SON CONNECTION PURPOSE: OPERATIONS | $10,138 |
THE SAVING HOPE FOUNDATION PURPOSE: OPERATIONS | $7,500 |
CAMP FIRE USA PURPOSE: OPERATIONS | $10,825 |
GLADNEY CENTER FOR ADOPTION PURPOSE: OPERATIONS | $25,000 |
YOUNG LIFE URBAN PURPOSE: OPERATIONS | $10,000 |