Jasper Ridge Charitable Fund
- Assets
- $1.4b
- Revenue
- $214.0m
- Investments
- $1.4b
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 02/2015
- Data as of
- 12/2021
- 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 12/2021, Jasper Ridge Charitable Fund generated $214.0m in total revenue. All expenses for the organization totaled $45.8m during the year ending 12/2021. While expenses have increased by 110.3% per year over the past 7 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 2015, Jasper Ridge Charitable Fund has awarded 89 individual grants totaling $1,477,929,702. 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
2021
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 MUTUAL FUNDS, ETFS AND 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 |
|---|---|---|---|
Mark A Wolfson Director, President | OfficerTrustee | 3 | $0 |
George D Phipps Director, VP - Until 12/31/22 | OfficerTrustee | 1 | $0 |
Paul Brest Director - Until 12/31/22 | Trustee | 0.2 | $0 |
Russell B Hall Director - Until 12/31/22 | Trustee | 0.25 | $0 |
Deborah L Harmon Director - Until 12/31/22 | Trustee | 0.25 | $0 |
James M Patell Director | Trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,273,866 |
| Investment income | $663,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,027,239 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $213,964,124 |
| Statement of Expenses | |
|---|---|
| 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 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 | $109,657 |
| Fees for services: Accounting | $200,233 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,523 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,266 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,917 |
| All other expenses | $0 |
| Total functional expenses | $45,750,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,463 |
| Savings and temporary cash investments | $2,471,517 |
| 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 |
| Investments—publicly traded securities | $6,630,069 |
| Investments—other securities | $1,419,668,669 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,428,861,718 |
| Accounts payable and accrued expenses | $0 |
| 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 | $560,038 |
| Total liabilities | $560,038 |
| Net assets without donor restrictions | $1,428,301,680 |
| 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 |
| Total liabilities and net assets/fund balances | $1,428,301,680 |
Grants Awarded
Over the last fiscal year, Jasper Ridge Charitable Fund has awarded $1,323,395,196 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CREATIVE COMMONS CORPORATION PURPOSE: GENERAL SUPPORT | $25,000 |
DECHOMAI ASSET TRUST PURPOSE: GENERAL SUPPORT | $23,700,000 |
FIDELITY INVESTMENTS CHARITABLE GIFT FUND PURPOSE: GENERAL SUPPORT | $548,851,916 |
GUARDIAN GROUP PURPOSE: GENERAL SUPPORT | $15,000 |
LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH PURPOSE: INNOV. IN ADOLESCENT HEALTH CARE | $15,000 |
MIRACLEFEET PURPOSE: GENERAL SUPPORT | $10,000 |