Jobson Family Foundation
- Assets
- $29.2m
- Revenue
- -$5.0m
- Investments
- $22.9m
- Employees
- 0
- Location
- Wellesey, MA
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 82-6789996
Organization Overview
Jobson Family Foundation is located in Wellesey, MA. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Jobson 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, Jobson Family Foundation generated -$5.0m 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 (11.6%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jobson Family Foundation has awarded 42 individual grants totaling $11,157,183. 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
THE JOHNSON FAMILY FOUNDATION (JFF) SUPPORTS THE DEVELOPMENT OF HEALTHY, VIBRANT AND JUST COMMUNITIES WHERE INDIVIDUALS, FAMILIES, AND THE NEXT GENERATION OF LEADERS WILL THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles E Jobson Trustee | 0 | $0 | |
Donna M Farrell Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $484,314 |
| Dividends & Interest | $105,316 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,641,886 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,764 |
| Total Revenue | -$4,974,492 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $105,725 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $268,782 |
| Total operating and administrative expenses | $449,507 |
| Contributions, gifts, grants paid | $2,996,573 |
| Total expenses and disbursements | $3,446,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,228,748 |
| 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 | $29,178,210 |
| 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 | -$112,600 |
| Total liabilities | -$112,600 |
Grants Awarded
Over the last fiscal year, Jobson Family Foundation has awarded $2,996,573 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
COLENE HOOSE ELEMENTARY SCHOOL PURPOSE: PROVIDE NATURAL PLAYGROUND | $510,057 |
COLENE HOOSE ELEMENTARY SCHOOL PURPOSE: PROVIDE NATURAL PLAYGROUND | $101,030 |
COLENE HOOSE ELEMENTARY SCHOOL PURPOSE: PROVIDE NATURAL PLAYGROUND | $334,886 |
COLENE HOOSE ELEMENTARY SCHOOL PURPOSE: PROVIDE NATURAL PLAYGROUND | $454,505 |
COLENE HOOSE ELEMENTARY SCHOOL PURPOSE: PROVIDE NATURAL PLAYGROUND | $906,923 |
COLENE HOOSE ELEMENTARY SCHOOL PURPOSE: PROVIDE NATURAL PLAYGROUND | $491,437 |