Childrens Jubilee Fund
- Assets
- $585.8k
- Revenue
- $754.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Wyncote, PA
- Founding
- 04/1998
- Data as of
- 06/2021
- EIN
- 31-1540887
Organization Overview
Childrens Jubilee Fund is located in Wyncote, PA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Childrens Jubilee Fund employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Jubilee Fund 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 06/2021, Childrens Jubilee Fund generated $754.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $664.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Childrens Jubilee Fund has awarded 204 individual grants totaling $5,782,415. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE NEED BASED SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EXISTS TO RAISE AND DISTRIBUTE SCHOLARSHIP FUNDS TO PROVIDE ACCESS FOR LOW-INCOME, URBAN, K-12 YOUTH TO ATTEND CHRISTIAN SCHOOLS. JUBILEE PROVIDES PARTIAL SCHOLARSHIP FOR FAMILIES WITH A HOUSEHOLD INCOME OF UNDER $44,000, SO THAT THEIR CHILDREN WILL HAVE ACCESS TO ONE OF OUR 25 NETWORK CHRISTIAN SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Geiger Executive Dir. | Officer | 40 | $56,367 |
Dorothy Boersma Board Member | OfficerTrustee | 0.5 | $0 |
Donald Spooner Treasurer | OfficerTrustee | 0.5 | $0 |
Brooke A Mcdowell Fmr. Board Mem. | Trustee | 0 | $0 |
Gordon Pfeil Fmr. Board Mem. | Trustee | 0 | $0 |
Robin Radcliff Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $754,392 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $754,392 |
| Total Program Service Revenue | $0 |
| Investment income | $140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $754,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $478,284 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,528 |
| Compensation of current officers, directors, key employees. | $20,649 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,787 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,270 |
| Payroll taxes | $7,587 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,485 |
| Information technology | $9,360 |
| Royalties | $0 |
| Occupancy | $8,698 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,168 |
| Conferences, conventions, and meetings | $651 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,281 |
| All other expenses | $3,148 |
| Total functional expenses | $664,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $331,506 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $750 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $252,909 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $650 |
| Total assets | $585,815 |
| Accounts payable and accrued expenses | $10,872 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,872 |
| Net assets without donor restrictions | $342,232 |
| Net assets with donor restrictions | $232,711 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $585,815 |
Grants Awarded
Over the last fiscal year, Childrens Jubilee Fund has awarded $470,346 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: Scholarships | $98,348 |
Los Angeles, CA PURPOSE: Scholarships | $92,924 |
Philadelphia, PA PURPOSE: Scholarships | $54,527 |
Philadelphia, PA PURPOSE: Scholarships | $27,097 |
Huntingdon Vy, PA PURPOSE: Scholarships | $26,477 |
Philadelphia, PA PURPOSE: Scholarships | $24,828 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Childrens Jubilee Fund has recieved totaling $112,570.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $112,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $70 |
Endowment Analysis
| Beg. Balance | $186,255 |
| Earnings | $46,456 |
| Ending Balance | $232,711 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |