Jrh Foundation Inc is located in Wenham, MA. The organization was established in 2020. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jrh 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, Jrh Foundation Inc generated $83.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 56.3% each year . All expenses for the organization totaled $73.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Jrh Foundation Inc has awarded 14 individual grants totaling $113,478. 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
PLEASE SEE ATTACHED DISCLOSURES FOR THE GRANTS AND SCHOLARSHIP MADE TO ADVANCE THE CHARITABLE PURPOSE THE PAYMENTS MADE ON BEHALF OF THE RECIPIENTS ARE PROVIDED
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Jeremiah Healey President Treasurer And Dire  | 0 | $0 | |
Jeff Mclaren Director  | 0 | $0 | |
John Slonieski Director  | 0 | $0 | |
Robert Rotondi Director  | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $83,780 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $83,780 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $15,266 | 
| Total operating and administrative expenses | $15,266 | 
| Contributions, gifts, grants paid | $58,361 | 
| Total expenses and disbursements | $73,627 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,537 | 
| 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 | $38,537 | 
| 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 | 
Over the last fiscal year, Jrh Foundation Inc has awarded $18,646 in support to 4 organizations.
| Grant Recipient | Amount | 
|---|---|
SULYN CHIN PURPOSE: TUITION  | $4,700 | 
ANGELINE ANDERSON PURPOSE: EDUCATION SCHOLARSHIP  | $4,400 | 
INGRID MCFARLANE PURPOSE: EDUCATION SCHOLARSHIP  | $2,050 | 
TRYALL CLUB PURPOSE: EDUCATION SCHOLARSHIP  | $7,496 |