The Jurenko Foundation
- Assets
- $1.0m
- Revenue
- $18.8k
- Investments
- $978.2k
- Employees
- 0
- Location
- Madison, AL
- Founding
- 11/1997
- Data as of
- 12/2022
- EIN
- 72-6180664
Organization Overview
The Jurenko Foundation is located in Madison, AL. The organization was established in 1997. 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. Jurenko 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 12/2022, Jurenko Foundation generated $18.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $102.5k during the year ending 12/2022. While expenses have increased by 2.2% 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 2016, Jurenko Foundation has awarded 151 individual grants totaling $488,500. 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 |
|---|---|---|---|
Janet J Brown Trustee | 1 | $2,400 | |
David W Brown Trustee | 1 | $2,400 | |
Carole Jones Trustee | 1 | $2,400 | |
George Jones Trustee | 1 | $2,400 | |
Adam D Brown Trustee | 1 | $2,400 | |
Garrett W Brown Trustee | 1 | $2,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,965 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,153 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,812 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,480 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,498 |
| Contributions, gifts, grants paid | $76,000 |
| Total expenses and disbursements | $102,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,174 |
| Savings and temporary cash investments | $0 |
| 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 | $566 |
| Total assets | $1,021,930 |
| 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, The Jurenko Foundation has awarded $76,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA OMICRON PI FOUNDATION PURPOSE: TO SUPPORT EDUCATION AND THE LOYALTY FUND | $3,000 |
GRANT FIRE AND RESCUE PURPOSE: TO DEVELOP, FUND, FACILITATE, AND MAINTAIN A FIRE DEPARTMENT FOR GRANT, AL | $500 |
HEART OF THE VALLEY YMCA - HOGAN BRANCH PURPOSE: TO SUPPORT THE HOGAN YMCA'S ANNUAL CAMPAIGN | $1,000 |
EAST LIMESTONE HIGH SCHOOL BASEBALL PURPOSE: TO SUPPORT THE BASEBALL PROGRAM | $2,000 |
HUNTSVILLE HOSPITAL FOUNDATION PURPOSE: TO SUPPORT THE HOSPICE CENTER AT REDSTONE VILLAGE | $5,000 |
HUNTSVILLE MUSEUM OF ART PURPOSE: TO SPONSOR FOLK CULTURE & FASHION AND FOLK ART | $10,000 |