Journal-Gazette Foundation Inc
- Assets
- $9.8m
- Revenue
- $361.4k
- Investments
- $8.2m
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 31-1134237
Organization Overview
Journal-Gazette Foundation Inc is located in Fort Wayne, IN. The organization was established in 1985. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Journal-Gazette 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 12/2022, Journal-Gazette Foundation Inc generated $361.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $711.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Journal-Gazette Foundation Inc has awarded 154 individual grants totaling $2,112,815. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harriett J Inskeep President | 0 | $0 | |
Julie Inskeep Simpson Vice President | 0 | $0 | |
Stephen S Inskeep Vice President | 0 | $0 | |
Thomas R Inskeep Board Member | 0 | $0 | |
Devon A Haynie Board Member | 0 | $0 | |
Heather D Heal Secretarytreasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $127,362 |
| Interest on Savings | $1,139 |
| Dividends & Interest | $232,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $502,931 |
| Net ST Capital Gain | $21,912 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $361,351 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,782 |
| Printing and publications | $597 |
| Other expenses | $0 |
| Total operating and administrative expenses | $86,338 |
| Contributions, gifts, grants paid | $625,350 |
| Total expenses and disbursements | $711,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,982 |
| Savings and temporary cash investments | $1,134,214 |
| 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 | $97,950 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,809,326 |
| Accounts payable and accrued expenses | $1,295 |
| Grants payable | $528,000 |
| 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 | $529,295 |
Grants Awarded
Over the last fiscal year, Journal-Gazette Foundation Inc has awarded $528,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY TRANSPORTATION NETWORK PURPOSE: CAPITAL | $50,000 |
FORT WAYNE PARKS FOUNDATION PURPOSE: OPERATIONS | $5,000 |
ARTS UNITED OF GREATER FORT WAYNE PURPOSE: CAPITAL AND OPERATIONS | $315,000 |
FORT WAYNE CHILDREN'S ZOO PURPOSE: CAPITAL | $50,000 |
JUNIOR ACHIEVEMENT PURPOSE: OPERATIONS | $18,000 |
UNITED WAY OF ALLEN COUNTY PURPOSE: OPERATIONS | $90,000 |