Jenzabar Foundation Inc
- Assets
- $12.6m
- Revenue
- $375.6k
- Investments
- $11.9m
- Employees
- 3
- Location
- Boston, MA
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-1635489
Organization Overview
Jenzabar Foundation Inc is located in Boston, MA. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Jenzabar Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jenzabar 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 12/2021, Jenzabar Foundation Inc generated $375.6k 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 (13.8%) each year. All expenses for the organization totaled $987.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jenzabar Foundation Inc has awarded 38 individual grants totaling $5,306,769. 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 FUND EDUCATIONAL, CHARITABLE, LITERARY, AND SCIENTIFIC ACTIVITIES CARRIED ON BY COLLEGES AND UNIVERSITIES, AND THEIR STUDENT CLUBS AND CAMPUS ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ling Chai Maginn Director | 0 | $0 | |
Robert A Maginn Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $177,307 |
| Dividends & Interest | $80,021 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,269 |
| Capital Gain Net Income | $6,329 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $375,597 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,380 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,434 |
| Total operating and administrative expenses | $79,435 |
| Contributions, gifts, grants paid | $908,277 |
| Total expenses and disbursements | $987,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $468,776 |
| Savings and temporary cash investments | $173,412 |
| 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 | $63,390 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,647,756 |
| Accounts payable and accrued expenses | $7,300 |
| 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 | $7,300 |
Grants Awarded
Over the last fiscal year, Jenzabar Foundation Inc has awarded $908,277 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALL GIRLS ALLOWED PURPOSE: CHARITABLE DONATION | $900,000 |
Acton, MA PURPOSE: CHARITABLE DONATION | $6,777 |
Cambridge, MA PURPOSE: CHARITABLE DONATION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |