Jason And Adriana West Foundation
- Assets
- $4.9m
- Revenue
- $169.4k
- Investments
- $4.9m
- Employees
- 0
- Location
- Cary, NC
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-3714566
Organization Overview
Jason And Adriana West Foundation is located in Cary, NC. The organization was established in 2019. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jason And Adriana West 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, Jason And Adriana West Foundation generated $169.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $429.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason B West President & Board Chair, T | 1 | $0 | |
Adriana T West VP And Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $174,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,846 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $169,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $116,647 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $119,717 |
| Contributions, gifts, grants paid | $310,000 |
| Total expenses and disbursements | $429,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $4,885,527 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,885,527 |
| Accounts payable and accrued expenses | $14,229 |
| 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 | $237,208 |
| Total liabilities | $251,437 |
Grants Awarded
Over the last fiscal year, Jason And Adriana West Foundation has awarded $310,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CURE SMA PURPOSE: SUPPORT PROGRAMS, FUNDING RESEARCH & ADVOCATES FOR THOSE IMPACTED BY SMA. | $60,000 |
TRIANGLE MATH & SCIENCE ACADEMY PURPOSE: EDUCATIONAL, PUBLIC CHARTER SCHOOL, FUNDS FOR TEACHERS AND BUILDING | $250,000 |