Jaffna College Funds Trustee

Organization Overview

Jaffna College Funds Trustee is located in Boston, MA. The organization was established in 1942. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jaffna College Funds Trustee 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, Jaffna College Funds Trustee generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE JAFFNA CHRISTIAN FUND OPERATE FOR THE PURPOSE OF OBTAINING, HOLDING AND MANAGING FUNDS FOR THE SUPPORT OF JAFFNA COLLEGE AND OTHER CHRISTIAN EDUCATIONAL INSTITUTIONS IN SRI LANKA AND INDIA AND FOR TRAINING OF CHRISTIAN WORKERS IN SRI LANKA AND INDIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTANCE TO EDUCATIONAL INSTITUTIONS AND TRAINING CHRISTIAN WORKERS LOCATED IN SRI LANKA, VADDUKODDAI, AND THE JAFFNA DISTRICT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rose Law Partners Llp
Legal
$303,700
Casner & Edwards Llp
Legal
$135,373
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $841,703
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,048,202
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,889,905

Endowment Analysis

Beg. Balance$25,853,782
Earnings$4,627,520
Other Expense$948,100
Ending Balance$29,533,202

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