Oluv C Joynor Foundation Inc
- Assets
- $10.3m
- Revenue
- $427.7k
- Investments
- $9.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 11/2023
- EIN
- 45-3987964
Organization Overview
Oluv C Joynor Foundation Inc is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oluv C Joynor Foundation Inc 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 11/2023, Oluv C Joynor Foundation Inc generated $427.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $855.8k during the year ending 11/2023. While expenses have increased by 3.5% per year over the past 4 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.
Since 2020, Oluv C Joynor Foundation Inc has awarded 121 individual grants totaling $3,199,401. 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 |
|---|---|---|---|
Walter S Evensen Co Samantha Macd Officer | 2 | $0 | |
Deborah D Evensen Co Samantha Mac Officer | 2 | $0 | |
Joan C Evensen Co Samantha Macdon Board Member | 5 | $0 | |
Randolph E Evensen Co Samantha MA Board Member | 5 | $2,000 | |
Danielle M Evensen Co Samantha MA Board Member | 5 | $2,000 | |
Daniel C Evensen Co Samantha Macd Board Member | 5 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $258,255 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $168,097 |
| Capital Gain Net Income | $168,097 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,331 |
| Total Revenue | $427,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $971 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $978 |
| Total operating and administrative expenses | $163,454 |
| Contributions, gifts, grants paid | $692,351 |
| Total expenses and disbursements | $855,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,432 |
| Savings and temporary cash investments | $103,163 |
| 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 | $2,952,364 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $596,341 |
| Total assets | $10,312,688 |
| 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, Oluv C Joynor Foundation Inc has awarded $692,351 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
THE HIGHLANDS SCHOOL INC PURPOSE: PROGRAM SUPPORT | $150,000 |
AMERICAN CANCER SOCIETY PURPOSE: PROGRAM SUPPORT | $1,000 |
CROHN'S & COLITIS FOUNDATION PURPOSE: PROGRAM SUPPORT | $1,000 |
DREXEL UNIVERSITY PURPOSE: PROGRAM SUPPORT | $2,500 |
TEMPLE UNIVERSITY PURPOSE: PROGRAM SUPPORT | $500 |
VILLA JOSEPH MARIE PURPOSE: PROGRAM SUPPORT | $4,000 |