Jacob Press Foundation
- Assets
- $649.5k
- Revenue
- $10.0k
- Investments
- $602.9k
- Employees
- 0
- Location
- Rye, CO
- Founding
- 09/1946
- Data as of
- 11/2023
- EIN
- 13-6120372
Organization Overview
Jacob Press Foundation is located in Rye, CO. The organization was established in 1946. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacob Press 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 11/2023, Jacob Press Foundation generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $27.2k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jacob Press Foundation has awarded 336 individual grants totaling $318,447. 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 |
|---|---|---|---|
Norma Steele Trustee | 1 | $0 | |
Cathy S Hoffeld Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,511 |
| Dividends & Interest | $14,750 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,271 |
| Capital Gain Net Income | $1,589 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,000 |
| Total Revenue | $9,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $350 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $114 |
| Total operating and administrative expenses | $2,439 |
| Contributions, gifts, grants paid | $24,748 |
| Total expenses and disbursements | $27,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,642 |
| 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 | $86,277 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $649,494 |
| 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, Jacob Press Foundation has awarded $24,748 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL PURPOSE | $500 |
AMERICAN PARKINSON DISEASE ASSOCIAT PURPOSE: GENERAL PURPOSE | $50 |
ADOPTION CHOICES OF COLORADO PURPOSE: GENERAL PURPOSE | $1,000 |
AMERICAN CIVIL LIBERTIES UNION PURPOSE: GENERAL PURPOSES | $100 |
BOYS AND GIRLS CLUB OF AMER PURPOSE: GENERAL PURPOSE | $100 |
CARE AND SHARE FOOD BANK PURPOSE: GENERAL PURPOSE | $208 |