Jason Hayes Foundation
- Assets
- $1.5m
- Revenue
- $167.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Reading, MA
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-3992133
Organization Overview
Jason Hayes Foundation is located in Reading, MA. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jason Hayes 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 12/2021, Jason Hayes Foundation generated $167.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $82.2k during the year ending 12/2021. While expenses have increased by 13.1% 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.
Since 2015, Jason Hayes Foundation has awarded 247 individual grants totaling $492,280. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT PRIMARILY FOR THE ENRICHMENT OF THE LIVES OF UNDERPRIVILEGED CHILDREN EDUCATIONALLY, ACADEMICALLY, AND CULTURALLY, WITH SPECIAL EMPHASIS ON CHILDREN WITH EMOTIONAL AND MENTAL HANDICAPS WHO HAVE BEEN ADOPTED AND/OR ARE IN OR HAVE BEEN IN,THE FOSTER CARE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy M Hayes Trustee | 8 | $0 | |
Michael G Hayes Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $111,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,188 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,899 |
| Capital Gain Net Income | $10,899 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $167,287 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $262 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $360 |
| Total operating and administrative expenses | $2,422 |
| Contributions, gifts, grants paid | $79,755 |
| Total expenses and disbursements | $82,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$5 |
| Savings and temporary cash investments | $1,215 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,464,922 |
| 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, Jason Hayes Foundation has awarded $79,755 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
Lynn, MA PURPOSE: SUPPORT YOUTH ARTS ORGANIZATION | $6,000 |
Boston, MA PURPOSE: GRANT TO SUPPORT FOSTER CARE WORK | $5,000 |
Boston, MA PURPOSE: TO SUPPORT YOUTH LITERACY PROGRAMS | $5,000 |
West Roxbury, MA PURPOSE: TO SUPPORT PROGRAM ASSISTING YOUTH WITH NAVIGATING POST SECONDARY EDUCATION | $5,000 |
Boston, MA PURPOSE: SUPPORT MENTORING YOUTH IN FOSTER CARE | $5,000 |
Boston, MA PURPOSE: GRANT TO SUPPORT INITIATIVES TO TRAIN SCHOOL PERSONNEL, ETC. TO HELP TRAUMATIZED CHILDREN LEARN | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unique Life Inc Bronx, NY | $6,794,767 | $10,711,287 |
Vertex Foundation Inc Boston, MA | $5,076,822 | $15,007,934 |
Rogerson Communities Boston, MA | $47,463,639 | $10,337,482 |
St Boniface Haiti Foundation Inc Newton, MA | $12,232,493 | $9,069,662 |
Albany County Opportunity Incorporated Albany, NY | $9,044,384 | $9,921,411 |
Doctors Of The World-Usa Inc New York, NY | $5,138,998 | $8,908,023 |
United Food And Commercial Workers International Union Oriskany, NY | $2,992,541 | $8,981,591 |
Wayne County Action Program Inc Lyons, NY | $3,537,821 | $9,071,492 |
North East Kingdom Community Action Inc Newport, VT | $4,712,717 | $8,659,895 |
Opportunities For Otsego Inc Oneonta, NY | $3,078,713 | $8,326,679 |
Lifeworks Community Action Inc Ballston Spa, NY | $2,628,001 | $8,482,858 |
River Fund New York Inc Richmond Hill, NY | $4,726,214 | $9,106,932 |