Jp Fletcher Foundation Inc
- Assets
- $24.8m
- Revenue
- $4.8m
- Investments
- $12.6m
- Employees
- 0
- Location
- North Haven, CT
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 47-2797897
Organization Overview
Jp Fletcher Foundation Inc is located in North Haven, CT. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jp Fletcher 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 12/2023, Jp Fletcher Foundation Inc generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $9.9m during the year ending 12/2023. While expenses have increased by 16.2% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Shor Director & President | 4 | $0 | |
Bonnie Vitale Secretary | 40 | $192,000 | |
Hansjoerg Wyss Treasurer | 0 | $0 | |
Joseph Fisher Assistant Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $77,813 |
| Dividends & Interest | $610,263 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,976,472 |
| Capital Gain Net Income | $1,438,187 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $185,273 |
| Total Revenue | $4,849,821 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $192,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,807 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $134,260 |
| Total operating and administrative expenses | $360,067 |
| Contributions, gifts, grants paid | $9,518,437 |
| Total expenses and disbursements | $9,878,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,239,564 |
| 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 | $9,556,662 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,800,538 |
| 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 |