The Jaket Foundation
- Assets
- $103.5m
- Revenue
- $4.4m
- Investments
- $97.2m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/2000
- Data as of
- 12/2022
- EIN
- 04-6878795
Organization Overview
The Jaket Foundation is located in Boston, MA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jaket Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Jaket Foundation has awarded 220 individual grants totaling $30,668,275. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip T Gross Trustee | 1 | $0 | |
Elizabeth Cochary Gross Trustee | 1 | $0 | |
Charles E Clapp III Trustee | 1 | $0 | |
Thomas V Quirk Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Howland Capital Management | 12/30/22 | $418,284 |
Schone Malliet | 12/30/22 | $55,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,225,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,666,881 |
| Capital Gain Net Income | $1,666,881 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $529,181 |
| Total Revenue | $4,421,852 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $248 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,484,706 |
| Total operating and administrative expenses | $3,095,529 |
| Contributions, gifts, grants paid | $2,600,849 |
| Total expenses and disbursements | $5,696,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,376,518 |
| 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 | $85,897,249 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $103,529,060 |
| 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 Jaket Foundation has awarded $2,600,849 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP HARBORVIEW FOUNDATION PURPOSE: TRANSPORTATION AND FAMILY DIRECT ASSISTANCE | $600,000 |
YOUTH ENRICHMENT SERVICES PURPOSE: GENERAL OPERATING AND EVENT SUPPORT | $325,000 |
SHARE WINTER FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $300,000 |
LOPPET FOUNDATION PURPOSE: 2024 WORLD CUP | $500,000 |
UKRAINIAN CONGRESS COMMITTEE OF AMERICA PURPOSE: HUMANITARIAN AID TO UKRAINE | $250,000 |
SOCIAL INNOVATION FORUM PURPOSE: ALUMNI PROGRAMS AND GENERAL OPERATING SUPPORT | $250,000 |