Jenkins Foundation
- Assets
- $19.4m
- Revenue
- $8.3m
- Investments
- $18.5m
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-0467778
Organization Overview
Jenkins Foundation is located in Ann Arbor, MI. The organization was established in 2010. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jenkins 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, Jenkins Foundation generated $8.3m in total revenue. All expenses for the organization totaled $475.4k during the year ending 12/2021. While expenses have increased by 73.6% 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 2018, Jenkins Foundation has awarded 34 individual grants totaling $465,200. 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 |
|---|---|---|---|
Brooke Bonilla President | 5 | $48,000 | |
Lee Ann Jenkins Director | 1 | $0 | |
Elizabeth Weiss Vice President | 1 | $0 | |
Steven Tracy Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,523,531 |
| Interest on Savings | $7 |
| Dividends & Interest | $185,390 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $573,654 |
| Capital Gain Net Income | $573,654 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $396 |
| Total Revenue | $8,282,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,646 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $349 |
| Total operating and administrative expenses | $175,440 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $475,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $977,106 |
| 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 | $1,890,145 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,427,672 |
| 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, Jenkins Foundation has awarded $300,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: SUPPORT FOR ACTIVITIES | $45,000 |
EMU FOUNDATION PURPOSE: SUPPORT FOR ACTIVITIES | $40,000 |
Ann Arbor, MI PURPOSE: SUPPORT FOR ACTIVITIES | $30,000 |
Ann Arbor, MI PURPOSE: SUPPORT FOR ACTIVITIES | $30,000 |
Detroit, MI PURPOSE: SUPPORT FOR ACTIVITIES | $20,000 |
Bingham Farms, MI PURPOSE: SUPPORT FOR ACTIVITIES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ads Alliance Data Systems Inc Employee Benefits Trust Columbus, OH | $17,341,004 | $79,868,187 |
United Church Insurance Association Cleveland, OH | $16,856,548 | $69,122,452 |
Western And Southern Life Insurance Company Veba Trust Cincinnati, OH | $9,770,641 | $57,519,736 |
Heritage Group Employee Benefit Trust Indianapolis, IN | $5,252,708 | $48,474,958 |
United Church Insurance Company Inc Cleveland, OH | $53,498,153 | $36,904,277 |
American United Life Insurance Company Welfare Benefits Trust Indianapolis, IN | $8,410,756 | $27,962,029 |
Hills Insurance Company Inc Mishawaka, IN | $233,016,594 | $7,136,194 |
Cooper Hatchery Inc Employee Benefit Plan Trust Fort Recovery, OH | $1,179,245 | $22,649,628 |
Pohlad Group Veba Trust Milwaukee, WI | $1,880,360 | $21,238,879 |
Cleveland Automobile Dealers Association Group Insurance Plan Brecksville, OH | $4,881,741 | $19,552,991 |
Ua Local 190 Health And Welfare Plan And Tr Bingham Farms, MI | $31,731,480 | $19,592,093 |
Ohio League Trust For Employee Benefits Columbus, OH | $19,645,020 | $20,892,498 |