Jack And Betty is located in Jacksonville, FL. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jack And Betty 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, Jack And Betty generated $842.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $569.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jack And Betty has awarded 47 individual grants totaling $1,097,600. 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
NONE - GRANT-MAKING IS THE ONLY ACTIVITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack C Demetree Jr Director/v.p. | 0 | $0 | |
Mark C Demetree Director | 0 | $0 | |
Christopher C Demetree Director | 0 | $0 | |
Leslie A Demetree-Doherty Director | 0 | $0 | |
Elisa A Demetree Director/sec/treas | 1 | $0 | |
Betty A Demetree Director/president | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $399,488 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $442,549 |
Capital Gain Net Income | $442,549 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $842,037 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $25,930 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $99,355 |
Contributions, gifts, grants paid | $470,300 |
Total expenses and disbursements | $569,655 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $102,691 |
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 | $12,987,086 |
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 |
Over the last fiscal year, Jack And Betty has awarded $470,300 in support to 22 organizations.
Grant Recipient | Amount |
---|---|
ST VINCENTS FOUNDATION INC PURPOSE: GENERAL FUND | $250,000 |
Washington, DC PURPOSE: GENERAL FUND | $50,000 |
PINE CASTLE SCHOOL PURPOSE: GENERAL FUND | $25,000 |
Jacksonville, FL PURPOSE: GENERAL FUND | $25,000 |
Jacksonville, FL PURPOSE: GENERAL FUND | $20,000 |
IM SULZBACHER CENTER PURPOSE: GENERAL FUND | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |