Jim Foote Foundation Inc
- Assets
- $797.9k
- Revenue
- $41.2k
- Investments
- $712.5k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 09/2018
- Data as of
- 12/2023
- EIN
- 82-3274430
Organization Overview
Jim Foote Foundation Inc is located in Columbus, OH. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jim Foote 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, Jim Foote Foundation Inc generated $41.2k 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 (28.0%) each year.
Since 2021, Jim Foote Foundation Inc has awarded 16 individual grants totaling $145,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Henn Treasurer | 30 | $0 | |
Mike Iverson Secretary | 6 | $0 | |
Linda Taylor Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $201 |
| Dividends & Interest | $26,383 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,659 |
| Capital Gain Net Income | $14,659 |
| Net ST Capital Gain | $3,240 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,308 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,304 |
| Contributions, gifts, grants paid | $62,000 |
| Total expenses and disbursements | $76,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,320 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $797,859 |
| 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, Jim Foote Foundation Inc has awarded $62,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BREAD AND WATER FOR AFRICA PURPOSE: PROGRAM DEVELOPMENT | $8,000 |
PARTNERSHIP WITH NATIVE AMERICANS PURPOSE: PROGRAM DEVELOPMENT | $9,000 |
CHILD HOPE INTERNATIONAL PURPOSE: PROGRAM DEVELOPMENT | $9,000 |
CHRISTAN APPALACHIA PROJECT PURPOSE: PROGRAM DEVELOPEMENT | $6,000 |
CHILDREN INTERNATIONAL PURPOSE: PROGRAM DEVELOPMENT | $15,000 |
FEED THE HUNGRY PURPOSE: PROGRAM DEVELOPMENT | $15,000 |