Jesse W Couch Charitable Foundation
- Assets
- $27.5m
- Revenue
- $775.5k
- Investments
- $26.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-1587228
Organization Overview
Jesse W Couch Charitable Foundation is located in Wilmington, DE. The organization was established in 2017. 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. Jesse W Couch Charitable 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 12/2022, Jesse W Couch Charitable Foundation generated $775.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jesse W Couch Charitable Foundation has awarded 142 individual grants totaling $7,242,180. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
VIDEO CREATION & DISTRIBUTION - TO HIRE THIRD PARTY SERVICE PROVIDERS TO CREATE VIDEO CONTENT OF THE PUBLIC CHARITIES THE FOUNDATION SUPPORTS, RAISING AWARENESS OF THOSE ENTITIES.
THE PAPER BEAR - AN ANIMATED FILM WILL BRING AWARENESS TO THE BIODIVERSITY FOUND IN FLORIDA PANHANDLE. EDUCATIONAL TOOL TO TEACH ABOUT ENVIRONMENTAL CONSERVATION & WILDLIFE HABITATS.
FOUNDATION WEBSITE - TO HIRE THIRD PARTY SERVICE PROVIDERS TO UPDATE FOUNDATION WEBSITE DESIGN & LOGO AS WELL AS CONTENT OF THE PUBLIC CHARITIES THE FOUNDATION SUPPORTS, RAISING AWARENESS OF THOSE ENTITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Couch Trustee | 30 | $120,000 | |
Larry Maddox Trustee | 1 | $0 | |
Houston Trust Company Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Houston Trust Company | 12/30/22 | $183,555 |
Tectonic Video Inc | 12/30/22 | $180,867 |
Foundation Source | 12/30/22 | $122,043 |
Torrey Pines Bank | 12/30/22 | $74,635 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $122,459 |
| Dividends & Interest | $626,597 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,483 |
| Capital Gain Net Income | $26,483 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $775,539 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54,421 |
| Depreciation | $5,571 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,075 |
| Printing and publications | $135 |
| Other expenses | $31,454 |
| Total operating and administrative expenses | $919,106 |
| Contributions, gifts, grants paid | $2,714,780 |
| Total expenses and disbursements | $3,633,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $431,339 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3 |
| Net Land, buildings, and equipment | $25,109 |
| Other assets | $226,769 |
| Total assets | $27,531,078 |
| 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, Jesse W Couch Charitable Foundation has awarded $2,714,780 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
MENIL FOUNDATION INC PURPOSE: WRITING AT THE MENIL PROGRAM | $25,000 |
EPISCOPAL HIGH SCHOOL PURPOSE: EDUCATION | $400,000 |
THE CHOCTAWHATCHEE BASIN ALLIANCE PURPOSE: PROMOTE SWIMMABLE, FISHABLE WATERWAYS THROUGH MONITORING, EDUCATION, RESTORATION, RESEARCH | $176,000 |
EMERALD COAST WILDLIFE REFUGE PURPOSE: EDUCATION, CONSERVATION, AND REHABILITATION FOR FLORIDA'S NATIVE WILDLIFE | $75,000 |
GALVESTON BAY FOUNDATION PURPOSE: PRESERVE AND ENHANCE GALVESTON BAY | $50,000 |
GLACIER INSTITUTE PURPOSE: HIKING AND SUMMER YOUTH PROGRAMS | $25,000 |