Frances And Ronald Jaffe Foundation
- Assets
- $1.2m
- Revenue
- $72.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- 04/2001
- Data as of
- 11/2023
- EIN
- 65-6319680
Organization Overview
Frances And Ronald Jaffe Foundation is located in Bozeman, MT. The organization was established in 2001. 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. Frances And Ronald Jaffe 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 11/2023, Frances And Ronald Jaffe Foundation generated $72.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $79.9k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Frances And Ronald Jaffe Foundation has awarded 15 individual grants totaling $392,245. 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
PROVIDE FUNDING FOR EDUCATION INITIATIVES AND SCHOLARSHIPS TO STUDENTS THROUGH CONTRIBUTIONS TO 501(C) (3)ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances P Jaffe Director | 0 | $0 | |
David A Jaffe Director | 0 | $0 | |
Fraulein F Jaffe President | 0 | $0 | |
Rebecca J Alexander Past Preside | 0 | $0 | |
Iain M Alexander Director | 0 | $0 | |
Margot S Kornicks Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,102 |
| Dividends & Interest | $20,774 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,667 |
| Capital Gain Net Income | $40,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,543 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $933 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,391 |
| Contributions, gifts, grants paid | $76,550 |
| Total expenses and disbursements | $79,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $25,318 |
| 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 | $1,160,405 |
| 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, Frances And Ronald Jaffe Foundation has awarded $76,550 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDIAN RIVER STATE FOUNDATION INC PURPOSE: SCHOLARSHIPS | $66,550 |
SCHOLARSHIP FOUNDATION OF IRC PURPOSE: SCHOLARSHIPS | $10,000 |