Joyful Blessings Foundation
- Assets
- $6.4m
- Revenue
- $305.6k
- Investments
- $5.8m
- Employees
- 0
- Location
- The Villages, FL
- Founding
- 01/2013
- Data as of
- 12/2022
- EIN
- 46-1358883
Organization Overview
Joyful Blessings Foundation is located in The Villages, FL. The organization was established in 2013. 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. Joyful Blessings 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, Joyful Blessings Foundation generated $305.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $445.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Joyful Blessings Foundation has awarded 153 individual grants totaling $2,474,045. 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 |
|---|---|---|---|
John A Thompson President | 5 | $0 | |
Christina H Thompson Director | 1 | $0 | |
Scott S Hamrick Director | 1 | $0 | |
Krista Hamrick Director | 1 | $0 | |
Grayson Hamrick Director | 1 | $0 | |
Asher Hamrick Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,756 |
| Interest on Savings | $6,585 |
| Dividends & Interest | $130,785 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $151,473 |
| Capital Gain Net Income | $151,473 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $305,599 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,905 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $86,360 |
| Contributions, gifts, grants paid | $359,000 |
| Total expenses and disbursements | $445,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,699 |
| Savings and temporary cash investments | $439,835 |
| 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 | $1,135,657 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,414,616 |
| 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, Joyful Blessings Foundation has awarded $359,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALAQUA ANIMAL REFUGE PURPOSE: GENERAL SUPPORT | $60,000 |
BAUMONT SCHOOL PURPOSE: GENERAL SUPPORT | $10,000 |
BEYOND THE WALL PURPOSE: GENERAL SUPPORT | $10,000 |
CADENCE INTERNATIONAL PURPOSE: GENERAL SUPPORT | $7,500 |
CANINE HEALING PROJECT PURPOSE: GENERAL SUPPORT | $10,000 |
CAPITOL MINISTRIES PURPOSE: GENERAL SUPPORT | $5,000 |