Jkl Foundation
- Assets
- $2.8m
- Revenue
- $428.0k
- Investments
- $2.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/2008
- Data as of
- 12/2022
- EIN
- 38-6835410
Organization Overview
Jkl Foundation is located in Dallas, TX. The organization was established in 2008. 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. Jkl 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, Jkl Foundation generated $428.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $223.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Jkl Foundation has awarded 34 individual grants totaling $2,956,783. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Burleson Co-Trustee | 1 | $0 | |
Kathi Yeager Co-Trustee | 2 | $0 | |
Ron Murff Co-Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $208,618 |
| Interest on Savings | $181 |
| Dividends & Interest | $70,221 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $149,004 |
| Capital Gain Net Income | $149,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $428,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $96 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $961 |
| Printing and publications | $0 |
| Other expenses | $3,648 |
| Total operating and administrative expenses | $6,580 |
| Contributions, gifts, grants paid | $216,500 |
| Total expenses and disbursements | $223,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,125 |
| Savings and temporary cash investments | $84,824 |
| 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 | $2,337,147 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,066 |
| Total assets | $2,846,891 |
| 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, Jkl Foundation has awarded $216,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LIGHTHOUSE BAPTIST SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
POWERPOINT MINISTRIES PURPOSE: GENERAL OPERATING FUNDS | $36,000 |
BISERICA BAPTISTA SANTANDREI PURPOSE: ASSISTANCE FOR REFUGEES ESPECIALLY UKRAINIAN REFUGEES. | $5,000 |
TEXAS AM UNIVERSITY PURPOSE: SCHOLARSHIP FOR PAITYN GARLINGTON | $24,000 |
PRESTONWOOD CHRISTIAN ACADEMY PURPOSE: GENERAL OPERATING FUNDS | $1,500 |