Jacob Hefter Foundation
- Assets
- $73.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmdale, CA
- Founding
- 04/2010
- Data as of
- 12/2017
- EIN
- 32-0290866
Organization Overview
Jacob Hefter Foundation is located in Palmdale, CA. The organization was established in 2010. 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. Jacob Hefter 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 12/2017, Jacob Hefter Foundation generated $49.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $34.7k during the year ending 12/2017. While expenses have increased by 5.1% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
ORGANIZE ANNUAL GOLF TOURNAMENTS AND OTHER EVENTS TO FUND LOCAL SCHOLARSHIPS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Hefter President | 10 | $0 | |
Jared Hefter Vice President | 2 | $0 | |
Angela Hefter Treasurer | 5 | $0 | |
Janet Laplante Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,782 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $93 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $38,716 |
| Other Revenue | $0 |
| Total Revenue | $49,591 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,688 |
| Total expenses | $34,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,150 |
| Other assets | $0 |
| Total assets | $73,450 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,450 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jacob Hefter Foundation has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Carmax Foundation Richmond, VA PURPOSE: VOLUNTEER TEAM-BUILDERS & DRIVE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |