Jcdrp Family Foundation
- Assets
- $6.2m
- Revenue
- $353.5k
- Investments
- $5.9m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 11/2017
- Data as of
- 12/2023
- EIN
- 81-4648128
Organization Overview
Jcdrp Family Foundation is located in Philadelphia, PA. 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. Jcdrp Family 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 12/2023, Jcdrp Family Foundation generated $353.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $995.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Jcdrp Family Foundation has awarded 46 individual grants totaling $2,713,473. 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 |
|---|---|---|---|
Joseph B Parsons President, Treasurer & Trustee | 0 | $0 | |
Colette B Parsons Secretary & Trustee | 0 | $0 | |
Dashiell Parsons Vice President & Trustee | 0 | $0 | |
Reece Parsons Trustee | 0 | $0 | |
Raegan Parsons Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $134,740 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $218,722 |
| Capital Gain Net Income | $218,722 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $353,462 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,630 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $836 |
| Printing and publications | $0 |
| Other expenses | $8,353 |
| Total operating and administrative expenses | $70,295 |
| Contributions, gifts, grants paid | $925,205 |
| Total expenses and disbursements | $995,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $314,124 |
| 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 | $5,903,081 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,217,205 |
| 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, Jcdrp Family Foundation has awarded $925,205 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: ACLU SUMMER ADVOCACY | $100,000 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: GENERAL OPERATING SUPPORT | $70,000 |
AMERICAN CIVIL LIBERTIES UNION OF PURPOSE: ACLU-NJ PAID INTERNSHIP | $60,000 |
EDINBORO UNIVERSITY FOUNDATION PURPOSE: OFFICE OF ACCESSIBILITY | $80,205 |
RAZIA'S RAY OF HOPE FOUNDATION PURPOSE: JCDRP FOUNDATION | $25,000 |
GEORGE JACKSON ACADEMY PURPOSE: PROVIDING A TRANSFORMATIVE | $90,000 |