Jacob Press Foundation
- Assets
- $666.2k
- Revenue
- $16.1k
- Investments
- $635.2k
- Employees
- 0
- Location
- Rye, CO
- Founding
- 09/1946
- Data as of
- 11/2022
- 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 11/2022, Jacob Press Foundation generated $16.1k 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 (8.2%) each year. All expenses for the organization totaled $24.5k during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jacob Press Foundation has awarded 300 individual grants totaling $293,699. 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 | $1,800 |
| Dividends & Interest | $14,033 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$701 |
| Capital Gain Net Income | $783 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,000 |
| Total Revenue | $16,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $364 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $2,514 |
| Contributions, gifts, grants paid | $21,963 |
| Total expenses and disbursements | $24,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,993 |
| 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 | $666,185 |
| 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 $21,963 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE EMANUEL PURPOSE: GENERAL PURPOSE | $5,000 |
UNIVERSITY OF FLORIDA HILLEL PURPOSE: GENERAL PURPOSE | $5,000 |
Denver, CO PURPOSE: COVID-19 | $2,500 |
ST MARY CORWIN HEALTH FOUNDATION PURPOSE: GENERAL PURPOSE | $2,000 |
CONGREGATION BNAI ISRAEL PURPOSE: GENERAL PURPOSE | $1,800 |
FAULK CENTER FOR COUNSELING PURPOSE: GENERAL PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salt Lake Tribune Inc Salt Lake City, UT | $2,029,501 | $5,870,446 |
Wild Earth Society Incorporated Salt Lake City, UT | $2,375,394 | $2,902,540 |
Odyssey Dance Theatre Salt Lake City, UT | $553,353 | $2,315,359 |
University Press Of Colorado Denver, CO | $1,480,778 | $1,794,065 |
Radius Books Inc Santa Fe, NM | $4,533,597 | $2,674,449 |
Native American Journalists Association Norman, OK | $1,160,008 | $1,560,878 |
Christian Chronicle Corporation Oklahoma City, OK | $2,045,077 | $1,297,343 |
Tucson Festival Of Books Tucson, AZ | $559,176 | $788,331 |
Annals Of Family Medicine Inc Leawood, KS | $658,856 | $743,105 |
The National Center For Frontier Communities Silver City, NM | $195,909 | $764,881 |
Active Aging Publishing Inc Wichita, KS | $170,387 | $536,491 |
Journalism Education Association Inc Manhattan, KS | $1,589,327 | $532,909 |