Jlo Charitable Foundation Inc

Organization Overview

Jlo Charitable Foundation Inc is located in Mobile, AL. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jlo Charitable Foundation 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, Jlo Charitable Foundation Inc generated $12.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.2%) each year. All expenses for the organization totaled $15.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

LITTLE SISTERS OF THE POOR SACRED HEART RESIDENCE 1655 MCGILL AVENUE MOBILE AL 36604


ST IGNATIUS CHURCH 3704 SPRINGHILL AVE MOBILE AL 36608


COASTAL CONSERVATION OF ALABAMA 25595 CANAL ROAD ORANGE BEACH AL 36561


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Board, Officers & Key Employees

Name (title)Compensation
Jerome L O Brien
Officer
$0
Mary A O Brien
Officer
$0
Barclay Harle
Officer
$0
Jerome L O Brien Jr
Officer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $5,544
Net Rental Income$0
Net Gain on Sale of Assets $6,550
Capital Gain Net Income $6,550
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $12,094

Grants Awarded

Over the last fiscal year, Jlo Charitable Foundation Inc has awarded $15,000 in support to 3 organizations.

Grant RecipientAmount

LITTLE SISTERS OF THE POOR

PURPOSE: TO SUPPORT THE SACRED HEART RESIDENCE

$5,000

ST IGNATIUS CHURCH

PURPOSE: CAPITAL CAMPAIGN

$5,000

COASTAL CONSERVATION OF ALABAMA

PURPOSE: SUPPORD COASTAL CONSERVATION

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Audrey And Martin Gruss Foundation
West Palm Beach, FL
$7,132,178
Bernard A Egan Foundation Inc
Fort Pierce, FL
$4,537,933
Drs Kiran & Pallavi Patel Familyfoundation Inc
Tampa, FL
$94,480
Argo Family Fund
Atlanta, GA
$16,759,071
Raether 1985 Charitable Trust
West Palm Beach, FL
$28,246,620
Oakwood Foundation Charitable Tr
Tupelo, MS
$5,125,462
Seaman Family Foundation Inc
Seffner, FL
$6,051,041
Lattner Family Foundation Inc
Delray Beach, FL
$9,058,097
George Jenkins Foundation Inc
Lakeland, FL
$999,750
Lucy Gooding Charitable Foundation Trust
Jacksonville, FL
$8,125,233
Wade L Layton Charitable Trust
Savannah, GA
$3,157,166
Wayne And Wendy Holman Foundation
Miami Beach, FL
$13,413,207
Spring Foundation Inc
Atlanta, GA
-$7,184,259
The Scott Hudgens Family Foundation Inc
Duluth, GA
$186,676
Plough Foundation
Memphis, TN
$6,515,829
Lost Tree Village Charitable Foundation Inc
North Palm Beach, FL
$9,687,691
Maddox Foundation
Hernando, MS
$3,282,515
E M Lynn Foundation
Boca Raton, FL
$515,453
Skolnick Family Charitable Trust
North Miami, FL
$11,211,466
Cloverfields Foundation
Naples, FL
$43,339,492
The Leandro P Rizzuto Foundation
Boynton Beach, FL
$12,311,240
C And A Johnson Family Foundation
Palm Beach, FL
$5,562,404
George Kremer Foundation Tr
Naple, FL
$7,315,281
Victor E Clarke Charitable Foundation
Delray Beach, FL
$4,760,762
Cv Americas Inc
Miami, FL
$2,597,695

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