Jasper Ridge Charitable Fund
- Assets
- $1.1b
- Revenue
- $51.3m
- Investments
- $1.0b
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 02/2015
- Data as of
- 12/2020
- EIN
- 47-2088631
Organization Overview
Jasper Ridge Charitable Fund is located in Fort Worth, TX. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public 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. Jasper Ridge Charitable Fund 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, Jasper Ridge Charitable Fund generated $51.3m in total revenue. All expenses for the organization totaled $77.0m during the year ending 12/2020.
Since 2015, Jasper Ridge Charitable Fund has awarded 76 individual grants totaling $154,534,506. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
JRCF ACHIEVES ITS MISSION PRIMARILY THROUGH ADMINISTERING DONOR ADVISED FUNDS (DAFS). JRCF ACCEPTS CONTRIBUTIONS FROM INDIVIDUALS, FOUNDATIONS, CORPORATIONS, PARTNERSHIPS, TRUSTS, AND ESTATES, WHICH ARE USED TO FUND DAFS MAINTAINED BY THE ORGANIZATION. DONATED FUNDS WILL BE INVESTED IN A VARIETY OF PARTNERSHIPS DESIGNED TO ALLOW FOR THE LIQUIDITY NECESSARY TO SUPPORT REGULAR GRANTMAKING. ALTHOUGH ALL CONTRIBUTIONS ARE SUBJECT TO THE EXCLUSIVE LEGAL AUTHORITY AND CONTROL OF JRCF, DONOR ADVISORS MAY RECOMMEND CONTRIBUTIONS TO QUALIFIED RECIPIENTS. JRCF REVIEWS EACH GRANT RECOMMENDATION TO ENSURE ALL DISTRIBUTIONS ARE EXCLUSIVELY FOR A CHARITABLE PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George D Phipps Director, Vice President | OfficerTrustee | 1 | $0 |
Mark A Wolfson Director, President | OfficerTrustee | 3 | $0 |
John H Fant Secretary - Until 06/30/21 | Officer | 0.4 | $0 |
Raymond Durham Treasurer | Officer | 0.4 | $0 |
Pamela Pavkov Director Of Grants | Officer | 1 | $0 |
Rajesh Swaminathan Chief Legal Officer | Officer | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,157,293 |
| Noncash contributions included in lines 1a–1f | $32,156,009 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,157,293 |
| Total Program Service Revenue | $0 |
| Investment income | $246,417 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$61,521 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,342,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,443,444 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,639 |
| Fees for services: Accounting | $193,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,877 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $350 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,917 |
| All other expenses | $0 |
| Total functional expenses | $76,960,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,818 |
| Savings and temporary cash investments | $1,727,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,067,033 |
| Investments—other securities | $1,048,782,053 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,520 |
| Total assets | $1,059,804,391 |
| Accounts payable and accrued expenses | $994,674 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $851,435 |
| Total liabilities | $1,846,109 |
| Net assets without donor restrictions | $1,057,958,282 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,059,804,391 |
Grants Awarded
Over the last fiscal year, Jasper Ridge Charitable Fund has awarded $45,155,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: GENERAL SUPPORT | $25,000,000 |
Cambridge, MA PURPOSE: GENERAL SUPPORT | $20,000,000 |
San Carlos, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $45,000 |
Palo Alto, CA PURPOSE: INNOV. IN ADOLESCENT TRANS. HEALTH CARE | $15,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jasper Ridge Charitable Fund has recieved totaling $2,510,989.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: GENERAL SUPPORT | $2,510,989 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scott & White Healthcare Dallas, TX | $1,109,287,381 | $10,893,931 |
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |