Jennie K Scaife Charitable Foundation Inc
- Assets
- $120.3m
- Revenue
- $4.5m
- Investments
- $116.1m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- Data as of
- 12/2023
- EIN
- 84-4738066
Organization Overview
Jennie K Scaife Charitable Foundation Inc is located in West Palm Beach, FL. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jennie K Scaife 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, Jennie K Scaife Charitable Foundation Inc generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.2%) each year. All expenses for the organization totaled $7.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jennie K Scaife Charitable Foundation Inc has awarded 85 individual grants totaling $14,385,523. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Zywiec President | 40 | $159,958 | |
Ashley Gouker Secretary | 40 | $63,943 | |
Elvasio Vaccaro Director | 1 | $11,000 | |
Josh Armstrong Director | 1 | $11,000 | |
Claudia Saenz Director | 1 | $11,000 | |
Laurie Moritz Director | 1 | $5,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,232,099 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,235,640 |
| Capital Gain Net Income | $1,235,640 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,629 |
| Total Revenue | $4,490,368 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $262,401 |
| Other employee salaries and wages | $8,197 |
| Pension plans, employee benefits | $125,975 |
| Interest | $0 |
| Taxes | $88,686 |
| Depreciation | $4,827 |
| Occupancy | $109,630 |
| Travel, conferences, and meetings | $1,904 |
| Printing and publications | $0 |
| Other expenses | $184,186 |
| Total operating and administrative expenses | $1,621,751 |
| Contributions, gifts, grants paid | $5,909,450 |
| Total expenses and disbursements | $7,531,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,134 |
| Savings and temporary cash investments | $4,147,455 |
| 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 | $84,166 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,421,893 |
| Net Land, buildings, and equipment | $6,508 |
| Other assets | $0 |
| Total assets | $120,333,121 |
| 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, Jennie K Scaife Charitable Foundation Inc has awarded $5,909,450 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGHENY HEALTH NETWORK PURPOSE: CHRONIC CARE SPECIALTY TEAM PROGRAM SUPPORT | $500,000 |
ALLEGHENY HEALTH NETWORK PURPOSE: HUMANE HEALTH COALITION PROGRAM SUPPORT | $100,000 |
ALLEGHENY HEALTH NETWORK PURPOSE: HEALTHY FOOD CENTERS PROGRAM SUPPORT | $500,000 |
ALLEGHENY HEALTH NETWORK PURPOSE: PERINATAL HOPE PROGRAM SUPPORT | $691,000 |
CASA OF ALLEGHENY COUNTY PURPOSE: PROGRAM SUPPORT | $60,000 |
CENTER FOR CHILDREN COUNSELING PURPOSE: OPERATING SUPPORT | $15,000 |