Jas Foundation
- Assets
- $842.6k
- Revenue
- $94.5k
- Investments
- $787.4k
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 10/2003
- Data as of
- 12/2022
- EIN
- 35-2198588
Organization Overview
Jas Foundation is located in Southfield, MI. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Jas 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 12/2022, Jas Foundation generated $94.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $59.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jas Foundation has awarded 101 individual grants totaling $323,350. 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 |
|---|---|---|---|
Henry Baum President | 0 | $0 | |
Roselind Baum Trustee | 0 | $0 | |
Michael E Baum Trustee | 0 | $0 | |
Deborah Jacobs Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,578 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,472 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,446 |
| Capital Gain Net Income | $20,446 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,496 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $627 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,181 |
| Total operating and administrative expenses | $33,558 |
| Contributions, gifts, grants paid | $25,620 |
| Total expenses and disbursements | $59,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,188 |
| 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 | $0 |
| Total assets | $842,597 |
| 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, Jas Foundation has awarded $25,620 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AGUDATH ISRAEL OF WEST LAWRENCE PURPOSE: PROGRAM SUPPORT | $3,600 |
YESHIVAS DARCHEI TORAH PURPOSE: PROGRAM SUPPORT | $1,000 |
CONG BETH TEFILA EMANUEL PURPOSE: PROGRAM SUPPORT | $2,000 |
TORAH ACADEMY FOR GIRLS PURPOSE: PROGRAM SUPPORT | $1,000 |
HATZALAH OF THE ROCKAWAYS PURPOSE: PROGRAM SUPPORT | $720 |
THE KOLLEL OF YOUNG ISRAEL PURPOSE: PROGRAM SUPPORT | $1,800 |