Jephson Educational Tr 2
- Assets
- $8.6m
- Revenue
- $477.1k
- Investments
- $8.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/1980
- Data as of
- 09/2022
- EIN
- 13-6777236
Organization Overview
Jephson Educational Tr 2 is located in Chicago, IL. The organization was established in 1980. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jephson Educational Tr 2 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 09/2022, Jephson Educational Tr 2 generated $477.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $665.2k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jephson Educational Tr 2 has awarded 230 individual grants totaling $2,808,000. 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 |
|---|---|---|---|
Jp Morgan Chase Bank N A Trustee | 2 | $128,666 | |
Robert B Taisey ESQ Co-Trustee | 2 | $14,989 | |
John F Parkin Co-Trustee | 2 | $14,989 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $255,670 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $221,437 |
| Capital Gain Net Income | $221,437 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $477,107 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $158,644 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,305 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $165,699 |
| Contributions, gifts, grants paid | $499,500 |
| Total expenses and disbursements | $665,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,482 |
| Savings and temporary cash investments | $180,133 |
| 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 | $440,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,608,149 |
| 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, Jephson Educational Tr 2 has awarded $499,500 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL | $30,000 |
ALICE LLOYD COLLEGE PURPOSE: GENERAL | $30,000 |
BOSTON CONSERVATORY PURPOSE: GENERAL | $25,000 |
Elmira, NY PURPOSE: GENERAL | $25,000 |
Bethlehem, PA PURPOSE: GENERAL | $25,000 |
Dorset, VT PURPOSE: GENERAL | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |