Jetpuri Foundation
- Assets
- $19.8m
- Revenue
- $10.1m
- Investments
- $3.0m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 84-6829062
Organization Overview
Jetpuri Foundation is located in Dallas, TX. The organization was established in 2020. 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. Jetpuri Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Jetpuri Foundation has awarded 13 individual grants totaling $194,028. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shahid Jetpuri Trustee | 5 | $0 | |
Aisha Jetpuri Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,922,850 |
| Interest on Savings | $37,617 |
| Dividends & Interest | $178 |
| Net Rental Income | $2,107 |
| 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 | $136,344 |
| Total Revenue | $10,099,096 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $72,640 |
| Total expenses and disbursements | $72,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $602,777 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $15,948,006 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $173,844 |
| 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 | $3,035,128 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,759,755 |
| 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, Jetpuri Foundation has awarded $72,640 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MASJID MAKKAH IDEA PURPOSE: DONATION | $16,140 |
IANT MASJID PURPOSE: DONATION | $50,000 |
TAJWEED ACADEMY PURPOSE: DONATION | $1,000 |
THE CITIZENS FOUNDATION PURPOSE: DONATION | $5,500 |