John Jay College Foundation Inc
- Assets
- $22.2m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 01/1993
- Data as of
- 06/2022
- EIN
- 13-3683676
Organization Overview
John Jay College Foundation Inc is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, John Jay College Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Jay College Foundation Inc 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 06/2022, John Jay College Foundation Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
JOHN JAY COLLEGE FOUNDATION, INC. CONDUCTS FUND-RAISING ACTIVITIES IN SUPPORT OF JOHN JAY COLLEGE AND ITS VARIOUS EDUCATIONAL, CULTURAL AND SOCIAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONDUCTS FUNDRAISING ACTIVITIES TO BENEFIT THE JOHN JAY COLLEGE OF CRIMINAL JUSTICE EDUCATIONAL, CULTURAL AND SOCIAL ACTIVITIES. IN FISCAL YEAR 2022, THE FOUNDATION RAISED MONEY AND PROVIDED SUPPORT TOWARDS THE JOHN JAY COLLEGE OF CRIMINAL JUSTICE'S STUDENT SCHOLARSHIP, FELLOWSHIP AND GRANT AWARDS, AS WELL AS SUPPORT FOR RESEARCH ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jules B Kroll Chair | OfficerTrustee | 1.5 | $0 |
Richard H Girgenti Treasurer | OfficerTrustee | 1.5 | $0 |
Rossana Rosado Secretary | OfficerTrustee | 1.5 | $0 |
Arthur J Mirante II Vice Chair | OfficerTrustee | 1.5 | $0 |
Ketura Parker Executive Director | Officer | 35.5 | $0 |
Alan S Abel Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $593,225 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,949,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,542,757 |
| Total Program Service Revenue | $0 |
| Investment income | $336,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $253,123 |
| Net Income from Fundraising Events | -$135,829 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,013,690 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,100 |
| Grants and other assistance to domestic individuals. | $1,183,179 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,117,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,563 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $349,900 |
| Advertising and promotion | $543 |
| Office expenses | $12,417 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $892 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,605 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,682 |
| All other expenses | $45,947 |
| Total functional expenses | $3,333,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,448,771 |
| Savings and temporary cash investments | $1,811,265 |
| Pledges and grants receivable | $3,625,606 |
| Accounts receivable, net | $4,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,582 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $15,277,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,169,600 |
| Accounts payable and accrued expenses | $486,517 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $486,517 |
| Net assets without donor restrictions | $4,910,513 |
| Net assets with donor restrictions | $16,772,570 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,169,600 |
Grants Awarded
Over the last fiscal year, John Jay College Foundation Inc has awarded $308,923 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $284,020 |
CREATIVE VISIONS FOUNDATION PURPOSE: SUPPORT FOR ART, SOCIAL ISSUES | $17,903 |
JOHN JAY COLLEGE OF CRIMINAL JUSTICE PURPOSE: SUPPORT FOR COLLEGE THEATER | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that John Jay College Foundation Inc has recieved totaling $475,000.
| Awarding Organization | Amount |
|---|---|
Gray Foundation Cohoes, NY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $425,000 |
A Woodner Fund Inc New York, NY PURPOSE: TO INCREASE THE RANGE OF EXPERIENTIAL LEARNING OPPORTUNITIES AVAILABLE TO STUDENTS WHICH IS CRITICAL AS THEY EXPLORE OPTIONS IN COVID-19 IMPACTED JOB MARKET, AS WELL AS EXPAND VITAL SKILLS AND EXPAND PROFESSIONAL NETWORKS. | $50,000 |
Endowment Analysis
| Beg. Balance | $3,791,027 |
| Earnings | $130,811 |
| Net Contributions | $272,707 |
| Other Expense | $6,999 |
| Ending Balance | $4,187,546 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springboard Collaborative Philadelphia, PA | $12,671,655 | $22,795,961 |
Christs Home Warminster, PA | $89,380,042 | $18,912,760 |
Family And Childrens Association Garden City, NY | $18,906,082 | $21,671,282 |
Innocence Project Inc New York, NY | $73,728,840 | $39,853,614 |
The Access Agency Inc Willimantic, CT | $5,450,809 | $18,469,051 |
Agency For Community Empowerment Of Nepa Scranton, PA | $6,588,255 | $19,491,125 |
Ahavat Yisroel Humanity Inc Brooklyn, NY | $8,284,254 | $21,769,721 |
Family & Childrens Agency Inc Norwalk, CT | $7,156,227 | $18,049,898 |
Catholic Family & Community Services Clifton, NJ | $3,341,340 | $18,611,591 |
Dr Gertrude A Barber In Home Services Inc Erie, PA | $4,360,447 | $17,320,654 |
Ao North America Inc Wayne, PA | $10,460,064 | $15,724,733 |
Pro Action Of Steuben And Yates Inc Bath, NY | $5,623,306 | $16,689,499 |