Jandernoa Foundation
- Assets
- $6.1m
- Revenue
- $105.9k
- Investments
- $3.8m
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 01/1993
- Data as of
- 12/2020
- EIN
- 38-3083625
Organization Overview
Jandernoa Foundation is located in Grand Rapids, MI. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jandernoa 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 12/2020, Jandernoa Foundation generated $105.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jandernoa Foundation has awarded 56 individual grants totaling $6,266,554. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Jandernoa President, Director | 20 | $0 | |
Susan Jandernoa Vice President, Treasurer, | 10 | $0 | |
Carl Jandernoa Secretary, Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $108,638 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,707 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,931 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $283,575 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $386 |
| Printing and publications | $0 |
| Other expenses | $10,000 |
| Total operating and administrative expenses | $297,249 |
| Contributions, gifts, grants paid | $2,081,150 |
| Total expenses and disbursements | $2,378,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,073,919 |
| 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 | $265,366 |
| Total assets | $6,130,960 |
| Accounts payable and accrued expenses | $246,446 |
| Grants payable | $2,981,127 |
| 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 | $3,227,573 |
Grants Awarded
Over the last fiscal year, Jandernoa Foundation has awarded $6,266,554 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: SCHOOL OF EDUCATION, ROSS SCHOOL OF BUSINESS AND GERALD R FORD FELLOWSHIP FUND | $957,877 |
Ann Arbor, MI PURPOSE: SCHOOL OF EDUCATION, ROSS SCHOOL OF BUSINESS AND GERALD R FORD FELLOWSHIP FUND | $957,877 |
MAKE-A-WISH FOUNDATION OF MICHIGAN PURPOSE: HOPE IS ESSENTIAL CAMPAIGN & GENERAL FUND | $310,000 |
MAKE-A-WISH FOUNDATION OF MICHIGAN PURPOSE: HOPE IS ESSENTIAL CAMPAIGN & GENERAL FUND | $310,000 |
Grand Rapids, MI PURPOSE: GENERAL FUND | $250,000 |
Grand Rapids, MI PURPOSE: GENERAL FUND | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Timken Foundation Of Canton Canton, OH | $32,951,548 | $35,361,538 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Siemer Family Foundation Columbus, OH | $55,510,313 | $15,843,554 |
Orphan Foundation Of America Orph Cleveland, OH | $10,515,752 | $16,785,416 |