Rjs Foundation Inc
- Assets
- $1.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 47-5044065
Organization Overview
Rjs Foundation Inc is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rjs 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.
Since 2019, Rjs Foundation Inc has awarded 30 individual grants totaling $3,415,917. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOME OF MY OWN PROGRAM PROVIDES AN AFFORDABLE PATHWAY TO HOME OWNERSHIP FOR INDIVIDUALS SELECTED BASED UPON NEED AND THEIR COMMITMENT TO PARTICIPATION IN A MENTORING PROGRAM ORIENTED TOWARD DEVELOPMENT OF SUSTAINED PERSONAL AND FINANCIAL RESPONSIBILITY. IN 2020, A HOME WAS GIVEN TO A PARTICIPANT WHO COMPLETED THE PROGRAM.
RJS FOUNDATION WORKS WITH NICARAGUA RESOURCE NETWORK INC DURING ANNUAL MISSION TRIPS TO HELP LOCAL COMMUNITIES AND STUDENTS.
BUTTERFLY HOUSE IS A TRANSITIONAL HOME FOR SINGLE MOTHERS.
THE HOME OF MY OWN PROGRAM PROVIDES AN AFFORDABLE PATHWAY TO HOME OWNERSHIP FOR INDIVIDUALS SELECTED BASED UPON NEED AND THEIR COMMITMENT TO PARTICIPATION IN A MENTORING PROGRAM ORIENTED TOWARD DEVELOPMENT OF SUSTAINED PERSONAL AND FINANCIAL RESPONSIBILITY. IN 2020, A HOME WAS GIVEN TO A PARTICIPANT WHO COMPLETED THE PROGRAM.
RJS FOUNDATION WORKS WITH NICARAGUA RESOURCE NETWORK INC DURING ANNUAL MISSION TRIPS TO HELP LOCAL COMMUNITIES AND STUDENTS.
BUTTERFLY HOUSE IS A TRANSITIONAL HOME FOR SINGLE MOTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Cynthia Scannell Executive Director | 30 | $91,740 | |
Douglas L Snyder Vice President | 0.1 | $0 | |
Robert J Scannell President | 0.1 | $0 | |
James C Carlino Secretary | 0.1 | $0 | |
Dave Johnson Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,707,198 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $11,278 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,718,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $91,740 |
| Other employee salaries and wages | $43,959 |
| Pension plans, employee benefits | $30,490 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $10,066 |
| Occupancy | $11,620 |
| Travel, conferences, and meetings | $263 |
| Printing and publications | $0 |
| Other expenses | $5,477 |
| Total operating and administrative expenses | $210,211 |
| Contributions, gifts, grants paid | $916,095 |
| Total expenses and disbursements | $1,126,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $959,893 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $167,496 |
| Other assets | $0 |
| Total assets | $1,127,389 |
| 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 | $400 |
| Total liabilities | $400 |
Grants Awarded
Over the last fiscal year, Rjs Foundation Inc has awarded $1,538,820 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Noblesville, IN PURPOSE: TO HELP BUILD NEW HOMELESS SHELTER | $600,000 |
Indianapolis, IN PURPOSE: HOUSING AID FOR RESIDENTS OF INDIANAPOLIS' BROOKSIDE NEIGHBORHOOD | $459,000 |
STEVEN AND SHENNA FERRY PURPOSE: PROVIDE HOME TO FAMILY IN NEED OF ADEQUATE HOUSING | $168,979 |
CHAD AND DEANNA TEMPLE PURPOSE: PROVIDE HOME TO FAMILY IN NEED OF ADEQUATE HOUSING | $146,421 |
LIFEHOUSE MINISTRIES INC PURPOSE: HELP ORGANIZATION AFFORD ADDITIONAL EMPLOYEE; EXPENDITURE RESPONSIBILITY EXERCISED | $40,911 |
Westfield, IN PURPOSE: $35,468 TO FUND HOME CONSTRUCTION; $2,072 TO SPONSOR STUDENTS | $37,540 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Residential Options Inc Alton, IL | $11,785,898 | $11,284,358 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Oak Park Residence Corp Oak Park, IL | $43,726,959 | $10,429,189 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Housing Partnership Inc Louisville, KY | $43,644,315 | $10,025,390 |