Joliet Junior College Foundation

Organization Overview

Joliet Junior College Foundation is located in Joliet, IL. The organization was established in 1976. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joliet Junior College Foundation 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 06/2023, Joliet Junior College Foundation generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE MISSION AND GOALS OF JOLIET JUNIOR COLLEGE BY RAISING AND MANAGING PRIVATE DOLLARS FOR SCHOLARSHIPS, NEW BUILDINGS AND EQUIPMENT, THE EXPANSION AND ENRICHMENT OF ACADEMIC PROGRAMS, ENDOWMENTS AND OTHER NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL SUPPORT TO JOLIET JUNIOR COLLEGE, THROUGH SCHOLARSHIPS AND AWARDS TO ELIGIBLE STUDENTS IDENTIFIED BY THE COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Chris D Brown
At-Large
$0
William Conte
Vice President
$0
Dr Brett Gould
President
$0
Jdavid Conterio
Treasurer/pres Elect
$0
Dianne Mcdonald
At-Large
$0
Donna Theimer
At-Large
$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$1,840,432
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,840,432
Total Program Service Revenue$0
Investment income $902,395
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $673,531
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,416,358

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