J L Camp Foundation Inc
- Assets
- $3.2m
- Revenue
- $290.1k
- Investments
- $2.9m
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 03/1950
- Data as of
- 12/2021
- EIN
- 54-0742940
Organization Overview
J L Camp Foundation Inc is located in Virginia Beach, VA. The organization was established in 1950. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J L Camp 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 12/2021, J L Camp Foundation Inc generated $290.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $192.4k during the year ending 12/2021. While expenses have increased by 4.9% 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, J L Camp Foundation Inc has awarded 174 individual grants totaling $1,386,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Camp IV President | 1 | $0 | |
Karen A Cavanaugh Secretary & Treasurer | 1 | $0 | |
Peter M Huber Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $91,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,420 |
| Capital Gain Net Income | $198,420 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $290,118 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,747 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $27,882 |
| Contributions, gifts, grants paid | $164,500 |
| Total expenses and disbursements | $192,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,937 |
| Savings and temporary cash investments | $226,509 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $3,178,406 |
| 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 |
Grants Awarded
Over the last fiscal year, J L Camp Foundation Inc has awarded $164,500 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Norfolk, VA PURPOSE: HELP PROVIDE BEST POSSIBLE MEDICAL CARE & SERVICES FOR CHILDREN WITH SICKNESS OR INJURY | $15,000 |
Norfolk, VA PURPOSE: STRENGTHEN MAJOR BUSINESS AND FOUNDATION SUPPORT FOR THE ARTS IN SOUTH HAMPTON ROADS | $15,000 |
Richmond, VA PURPOSE: HELP PROVIDE STUDENTS WITH AFFORDALBE, VALUE-BASED EDUCATION THAT PREPARES THEM FOR SUCCESS | $10,000 |
Richmond, VA PURPOSE: HELP ADVANCE DISTINCTIVE VALUES & STRENGTHS OF FIFTEEN SMALLER ENROLLMENT, PRIMARILY RESIDENTIAL VIRGINIA MEMBER COLLEGES | $10,000 |
Norfolk, VA PURPOSE: HELP ELIMINATE HUNGER | $10,000 |
Charlottesville, VA PURPOSE: PROVIDE FREE PRIMARY MEDICAL CARE, PRESCRIPTION MEDICATIONS, DENTAL CARE, AND SOME SPECIALIZED MEDICAL CARE FOR WORKING UNISURED ADULTS | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Sports Tourism Development Council Inc Baltimore, MD | $1,882,664 | $3,644,109 |
Swanee Hunt Family Foundation Washington, DC | $7,124,229 | $690,524 |
Gramma Fisher Foundation Easton, MD | $26,054,543 | $4,343,834 |
Camp Foundation Franklin, VA | $18,333,166 | $1,889,654 |
Capital Access Corporation Louisville, KY | $1,120,026 | $636,362 |
Paul D Camp Community College Foundation Franklin, VA | $2,592,283 | $1,339,623 |
Old West Special Trails Inc Collierville, TN | $525,442 | $435,030 |
Rva Sports Foundation Inc Richmond, VA | $1,516,415 | $456,889 |
Mfha Foundation Middleburg, VA | $4,849,648 | $245,852 |
Woodrow Wilson High School Crew Booster Club Inc Washington, DC | $358,204 | $288,751 |
Pgalex Inc Lexington, KY | -$2,828 | $0 |
Grimsley Athletics Booster Club Greensboro, NC | $127,729 | $286,262 |