Wendell N Jarrard Foundation Inc
- Assets
- $1.1m
- Revenue
- $40.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- Port Orange, FL
- Founding
- 03/1989
- Data as of
- 12/2022
- EIN
- 59-2919973
Organization Overview
Wendell N Jarrard Foundation Inc is located in Port Orange, FL. The organization was established in 1989. 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. Wendell N Jarrard 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 12/2022, Wendell N Jarrard Foundation Inc generated $40.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $87.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Wendell N Jarrard Foundation Inc has awarded 89 individual grants totaling $270,520. 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 |
|---|---|---|---|
Catherine Coggins Director & V | 0 | $5,000 | |
Lonnie Coggins Sec./treas. | 0 | $4,000 | |
Michael P Jarrard Director & P | 0 | $19,000 | |
Wendell N Jarrard Jr Director | 0 | $4,000 | |
Kathleen L Crotty Director | 0 | $4,000 | |
Linda J Mcneil Director | 0 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,043 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,328 |
| Capital Gain Net Income | $21,521 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,371 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $44,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,873 |
| Total operating and administrative expenses | $65,454 |
| Contributions, gifts, grants paid | $21,500 |
| Total expenses and disbursements | $86,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,108 |
| Savings and temporary cash investments | $25,556 |
| 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 | $434,760 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,114,738 |
| Accounts payable and accrued expenses | $16 |
| 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 | $16 |
Grants Awarded
Over the last fiscal year, Wendell N Jarrard Foundation Inc has awarded $21,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
WARRIOR KIDS FOUNDATION INC PURPOSE: 2022 FOUNDATION GRANT | $1,000 |
HALIFAX URBAN MINISTRIES INC-HOPE PURPOSE: 2022 FOUNDATION GRANT | $2,000 |
CHILD EVANGELISM FELLOWSHIP PURPOSE: 2022 FOUNDATION GRANT | $1,000 |
GOOD SAMARITAN CLINIC OF WEST VOLUS PURPOSE: 2022 FOUNDATION GRANT | $2,000 |
SIDEWALK FUNDAY INC PURPOSE: 2022 FOUNDATION GRANT | $2,000 |
SOUTH HAVEN BAPTIST CHURCH PURPOSE: 2022 FOUNDATION GRANT | $1,000 |