Jlv Family Foundation is located in League City, TX. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Jlv 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, Jlv Family Foundation generated $49.6k in total revenue. All expenses for the organization totaled $42.9k during the year ending 12/2023. While expenses have increased by 1096.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLOTHING DISBURSEMENT TO CHILDREN AT GOLDEN ACRES ELEMENTARY AND SPARKS ELEMENTARY
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Vicki Lilly Tallman Pres | 2 | $0 | |
| Linda Waters Sec | 1 | $0 | |
| Jessica Marr Member | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,500 | 
| Interest on Savings | $122 | 
| 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 | $49,622 | 
| 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 | $42,868 | 
| Total expenses and disbursements | $42,868 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $11,890 | 
| 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 | $20,579 | 
| 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 | $32,469 | 
| 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, Jlv Family Foundation has awarded $42,868 in support to 9 organizations.
| Grant Recipient | Amount | 
|---|---|
| GOLDEN ACRES ELEMENTARY PURPOSE: CLOTHING FOR SCHOOL CHILDREN | $13,184 | 
| VICTOR LOPEZ PURPOSE: COLLEGE SCHOLARSHIP | $2,500 | 
| SPARKS ELEMENTARY PURPOSE: CLOTHING FOR SCHOOL CHILDREN | $13,184 | 
| OLUFUNMILAYO TALABI PURPOSE: COLLEGE SCHOLARSHIP | $2,500 | 
| INGRID SANCHEZ PURPOSE: COLLEGE SCHOLARSHIP | $2,500 | 
| JONATHAN PICHE PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |