Jasco Philanthropies Inc
- Assets
- $14.5k
- Revenue
- $24.4k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 88-0876611
Organization Overview
Jasco Philanthropies Inc is located in New York, NY. 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. Jasco Philanthropies Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER INTERNSHIP PROGRAM. WE HAD 17 STUDENTS ATTEND OUR SIX-WEEK SUMMER INTERNSHIP PROGRAM. OUR PROGRAM GIVES OUR INTERNS AN EXPERIENCE THAT WILL PREPARE THEM FOR A FUTURE IN FINANCE FILMMAKING VENTURE CAPITAL ENTREPRENEURSHIP OR NONPROFIT ORGANIZATIONS.
FILM & ENTERTAINMENT FELLOWSHIP. WE HAD ONE RECIPIENT OF OUR FILM & ENTERTAINMENT FELLOWSHIP. THIS FELLOWSHIP INCLUDES A GRANT TO ASSIST THE RECIPIENT IN CREATING A FILM. THE FELLOWSHIP WILL ALSO INCLUDE TRAINING FOR THE RECIPIENT ON STEPS TO RAISE FUNDING FOR LARGER AND ADDITIONAL PROJECTS HOW TO ASSEMBLE A PRODUCTION TEAM AND HOW TO MARKET THE PROJECT.
STARTUP FOUNDER FELLOWSHIP. WE HAD TWO RECIPIENTS OF OUR STARTUP FOUNDER FELLOWSHIP. THIS FELLOWSHIP INCLUDES A GRANT TO ASSIST THE RECIPIENT IN LAUNCHING A BUSINESS OR NON-PROFIT ORGANIZATION. THE FELLOWSHIP WILL ALSO INCLUDE TRAINING FOR THE RECIPIENT ON HOW TO RAISE STARTUP CAPITAL AND WHAT INVESTORS LOOK FOR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Cole Jr Director President & Treasurer | 10 | $0 | |
Cynthia Cole Director & Secretary | 0.5 | $0 | |
Earl Williams Director | 0.25 | $0 | |
Wilson Quesada Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,432 |
| 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 | $24,432 |
| 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 | $1,907 |
| Total operating and administrative expenses | $1,907 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $9,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,525 |
| 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 | $14,525 |
| 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, Jasco Philanthropies Inc has awarded $8,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RASHAD FRETT PURPOSE: FILM FELLOWSHIP GRANT - THE PURPOSE OF THE GRANT IS TO PROMOTE EMPOWER AND EDUCATE FILMMAKERS INCLUDING BLACK AND BROWN FILMMAKERS TO CREATE FILMS THAT THAT HIGHLIGHT THE EXPERIENCES OF BLACK AND BROWN PEOPLE AND THEIR HISTORY AND CULTURE. THE DONEE'S FILM IS "RICKY". | $7,500 |
HAYLI MARTENEZ PURPOSE: STARTUP FOUNDER FELLOWSHIP - THE PURPOSE OF THE GRANT IS TO PROMOTE EMPOWER AND EDUCATE STARTUP FOUNDERS INCLUDING BLACK AND BROWN FOUNDERS TO START BUSINESSES THAT WILL ASSIST IN DECREASING OPPORTUNITY GAPS BLACK AND BROWN PEOPLE FACE INCLUDING BY OFFERING PRODUCTS OR SERVICES TO UNDERSERVED COMMUNITIES. THE DONEE'S BUSINESSES WAS HEALTHY BOTTLED WATER. | $250 |
EMMANUEL BALTAZAR PURPOSE: STARTUP FOUNDER FELLOWSHIP - THE PURPOSE OF THE GRANT IS TO PROMOTE EMPOWER AND EDUCATE STARTUP FOUNDERS INCLUDING BLACK AND BROWN FOUNDERS TO START BUSINESSES THAT WILL ASSIST IN DECREASING OPPORTUNITY GAPS BLACK AND BROWN PEOPLE FACE INCLUDING BY OFFERING PRODUCTS OR SERVICES TO UNDERSERVED COMMUNITIES. THE DONEE'S ORGANIZATION FOCUSED ON PROVIDING ATHLETIC FACILITIES TO UNDERSERVED COMMUNITIES. | $250 |