Jamestown Area Foundation Inc
- Assets
- $10.1m
- Revenue
- $255.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Xenia, OH
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 31-1148328
Organization Overview
Jamestown Area Foundation Inc is located in Xenia, OH. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jamestown Area 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, Jamestown Area Foundation Inc generated $255.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $505.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTINUES TO PROVIDE GRANTS TO COLLEGE STUDENTS TO SUPPLEMENT THE COST OF EDUCATION CONSISTENT WITH MISSION OF THE FOUNDATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David L Pendry Caotrustee | 8 | $40,000 | |
Pamela Pendry Trustee | 4 | $16,000 | |
Lori Howard Trustee | 4 | $16,000 | |
Robert Brill Trustee | 4 | $14,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $132,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,083 |
| Capital Gain Net Income | $54,083 |
| Net ST Capital Gain | $80 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $69,133 |
| Total Revenue | $255,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $86,000 |
| Other employee salaries and wages | $78,000 |
| Pension plans, employee benefits | $1,264 |
| Interest | $0 |
| Taxes | $18,302 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $76 |
| Printing and publications | $169 |
| Other expenses | $4,755 |
| Total operating and administrative expenses | $253,787 |
| Contributions, gifts, grants paid | $251,607 |
| Total expenses and disbursements | $505,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,270 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,075,501 |
| Total assets | $10,121,771 |
| 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, Jamestown Area Foundation Inc has awarded $877,596 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOLARSHIPS SEE PG 1 PURPOSE: SCHOLARSHIP PROGRAM | $416,580 |
SCHOLARSHIPS SEE PG 1 PURPOSE: SCHOLARSHIP PROGRAM | $416,580 |
Jamestown, OH PURPOSE: LOCATE A HISTORICAL MONUMENT | $22,218 |
Jamestown, OH PURPOSE: LOCATE A HISTORICAL MONUMENT | $22,218 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Ruth Mott Foundation Flint, MI | $290,091,185 | $30,117,543 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |