Jesra Foundation Inc
- Assets
- $3.6m
- Revenue
- -$28.4k
- Investments
- $3.2m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-5228245
Organization Overview
Jesra Foundation Inc is located in Miami Beach, FL. The organization was established in 2015. 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. Jesra 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 2016, Jesra Foundation Inc has awarded 198 individual grants totaling $2,830,082. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS NOT INVOLVED WITH ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTION OTHER ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micheline Nader President | 2 | $0 | |
Francois Nader VP & Secretary | 2 | $0 | |
Pierre Legault Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $77,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$106,275 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $219 |
| Total Revenue | -$28,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,103 |
| Printing and publications | $0 |
| Other expenses | $5,063 |
| Total operating and administrative expenses | $49,813 |
| Contributions, gifts, grants paid | $342,206 |
| Total expenses and disbursements | $392,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,968 |
| Savings and temporary cash investments | $330,583 |
| 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 | $1,000,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,677 |
| Total assets | $3,604,970 |
| 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 | $95 |
| Total liabilities | $95 |
Grants Awarded
Over the last fiscal year, Jesra Foundation Inc has awarded $342,206 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN TASK FORCE ON LEBANON PURPOSE: GENERAL OPERATIONS | $25,000 |
AMERICAN UNIVERSITY OF BEIRUT PURPOSE: GENERAL OPERATIONS | $20,000 |
BIOSCIENCES LEBANESE INTERNATIONAL NETWORK INC PURPOSE: GENERAL OPERATIONS | $10,000 |
COLUMBIA UNIVERSITY PURPOSE: GENERAL OPERATIONS | $5,000 |
EGATHA FOUNDATION PURPOSE: GENERAL OPERATIONS | $19,200 |
FAIRLEIGH DICKINSON UNIVERSITY PURPOSE: GENERAL OPERATIONS | $63,152 |