The Harold James Family Trust
- Assets
- $66.9m
- Revenue
- $283.2k
- Investments
- $9.9m
- Employees
- 0
- Location
- Prescott, AZ
- Founding
- 02/1986
- Data as of
- 12/2021
- EIN
- 86-6158195
Organization Overview
The Harold James Family Trust is located in Prescott, AZ. The organization was established in 1986. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Harold James Family Trust 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 12/2021, Harold James Family Trust generated $283.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harold James Family Trust has awarded 130 individual grants totaling $4,169,554. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
NEW MEXICO STATE UNIVERSITY FOUNDATION-PLEDGE $125,000
MARINE MILITARY ACADEMY-SCHOLARSHIP$87,000
EMBRY-RIDDLE AERONAUTICAL UNIVERSITY-PLEDGE$50,000
HIGHLANDS CENTER FOR NATURAL HISTORY-MATCHING DONATION & SPONSORSHIP$35,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan D Martin Executive | 40 | $146,016 | |
Ronald E James President/treas | 40 | $110,000 | |
Jenna James Executive | 40 | $72,467 | |
Robert Burris Ranch Mgr | 40 | $58,500 | |
Laura H James Director | 1 | $0 | |
Jennifer James Martin Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $102,129 |
| Dividends & Interest | $93,749 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,471 |
| Capital Gain Net Income | $37,556 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,825 |
| Total Revenue | $283,174 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,000 |
| Other employee salaries and wages | $319,955 |
| Pension plans, employee benefits | $0 |
| Interest | $5,232 |
| Taxes | $50,587 |
| Depreciation | $136,148 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $474,720 |
| Total operating and administrative expenses | $1,404,516 |
| Contributions, gifts, grants paid | $504,431 |
| Total expenses and disbursements | $1,908,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,385,558 |
| 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 | $5,925,000 |
| Inventories for sale or use | $1,900 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,561,488 |
| Net Land, buildings, and equipment | $48,737,876 |
| Other assets | $0 |
| Total assets | $66,905,399 |
| 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, The Harold James Family Trust has awarded $504,431 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Las Cruces, NM PURPOSE: CURRENT USE FUNDS-DR BAILEY | $125,000 |
MARINE MILITARY ACADEMY PURPOSE: SCHOLARSHIP | $87,000 |
EMBRY-RIDDLE AERONAUTICAL UNIVERSIT PURPOSE: PLEDGE | $50,000 |
HIGHLAND CENTER FOR NATURAL HISTORY PURPOSE: MEMBERSHIP MATCHING AND WANDER THE WILDS PROGRAM | $35,000 |
PRESCOTT YMCA PURPOSE: AIRNASIUM PROJECT | $34,571 |
HERITAGE PARK ZOO PURPOSE: MEMBERSHIP MATCH GRANTS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kirk Humanitarian Salt Lake City, UT | $3,740,895 | $18,227,954 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Early Learning Ventures Englewood, CO | $2,919,748 | $7,396,606 |
Friends Of Football Inc Pueblo, CO | $0 | $209,272 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Carl And Marilynn Thoma Art Foundation Santa Fe, NM | $0 | $36,422,281 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |