Js Turner Family Foundation is located in Minnetonka, MN. The organization was established in 0000. 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. Js Turner 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 12/2022, Js Turner Family Foundation generated $62.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $216.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Js Turner Family Foundation has awarded 265 individual grants totaling $1,272,000. 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
PLANNING AND CARRYING OUT GRANT-MAKING TO OTHER UNRELATED CHARITABLE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan R Turner President/sec/treas/direct | 12 | $0 | |
Jeffrey S Turner Vice President/director | 1 | $0 | |
Suzanne Flannigan Director (as Required) | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $773 |
| Dividends & Interest | $4,643 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $362 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,527 |
| Total Revenue | $62,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $845 |
| Total operating and administrative expenses | $16,145 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $216,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $89,523 |
| 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 | $3,300,067 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,530,390 |
| 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, Js Turner Family Foundation has awarded $200,000 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
STRAZ CENTER FOR THE PERFORMING ARTS PURPOSE: PATEL CONSERVATORY PROGRAM | $5,500 |
ACADEMY OF THE HOLY NAMES PURPOSE: ENDOWED ST. CLARE SCHOLARSHIP | $1,000 |
AMERICAN CAMP ASSOCIATION PURPOSE: CAMP FOLEY SCHOLARSHIP FUND | $1,000 |
CHRIST THE KING CATHOLIC CHURCH PURPOSE: FOR BEAUTIFICATION OF MARY'S ROSE GARDEN | $1,000 |
CINCINNATI CHILDRENS HOSPITAL - CENTER FOR EOSINOPHILIC DISORDERS PURPOSE: RESEARCH | $1,000 |
CRISTO REY TAMPA SALESIAN HIGH SCHOOL PURPOSE: PROFESSIONAL DEVELOPMENT | $2,000 |