Janes Trust Foundation
- Assets
- $52.0m
- Revenue
- $10.0m
- Investments
- $50.6m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 05/2011
- Data as of
- 12/2020
- EIN
- 27-3422536
Organization Overview
Janes Trust Foundation is located in Boston, MA. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Janes Trust 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 12/2020, Janes Trust Foundation generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $3.1m during the year ending 12/2020. While expenses have increased by 11.5% per year over the past 6 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 2016, Janes Trust Foundation has awarded 149 individual grants totaling $11,820,871. 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 |
|---|---|---|---|
Kurt F Somerville Trustee | 1.25 | $82,785 | |
Nancy B Gardiner Trustee | 1.25 | $82,784 | |
Martha S Robes Trustee | 1.25 | $0 | |
Jean B Stevenson Trustee | 1.25 | $0 | |
Elizabeth Steele Trustee | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,168,950 |
| Interest on Savings | $0 |
| Dividends & Interest | $720,704 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,907,138 |
| Capital Gain Net Income | $4,692,611 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $241,731 |
| Total Revenue | $10,038,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $76,361 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62,293 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $370,374 |
| Total operating and administrative expenses | $633,373 |
| Contributions, gifts, grants paid | $2,459,222 |
| Total expenses and disbursements | $3,092,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,347,589 |
| 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 | $40,938,104 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $51,990,111 |
| 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, Janes Trust Foundation has awarded $2,748,303 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Colchester, VT PURPOSE: OPERATING SUPPORT | $250,000 |
FIDELITY CHARITABLE PURPOSE: TRANSFER IN THE JANES TRUST DONOR ADVISED FUND AT FIDELITY | $239,303 |
Rockland, ME PURPOSE: CLIMATE ENERGY PROGRAMS | $125,000 |
Sarasota, FL PURPOSE: THE NEXT GENERATION SCIENTISTS POSTDOCTORAL FELLOWS PROGRAM | $125,000 |
Ellsworth, ME PURPOSE: THE BELVEDERE HISTORIC PRESERVATION AND ENERGY EFFICIENCY PROGRAM | $110,000 |
East Boothbay, ME PURPOSE: CLIMATE CHANGE AND RELATED RESEARCH | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |