Jenifer Strait Memorial Foundation
- Assets
- $5.5m
- Revenue
- $219.0k
- Investments
- $4.6m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 05/1987
- Data as of
- 12/2022
- EIN
- 74-2444902
Organization Overview
Jenifer Strait Memorial Foundation is located in San Antonio, TX. The organization was established in 1987. 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. Jenifer Strait Memorial 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, Jenifer Strait Memorial Foundation generated $219.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (48.4%) each year. All expenses for the organization totaled $333.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jenifer Strait Memorial Foundation has awarded 33 individual grants totaling $890,000. 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 |
|---|---|---|---|
Jeff W Avant President | 0.25 | $0 | |
Linda Bean Vice-Pres. | 1 | $0 | |
Carolyn Smith Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,641 |
| Interest on Savings | $22,352 |
| Dividends & Interest | $92,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,167 |
| Capital Gain Net Income | $23,167 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $218,981 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,477 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $52,951 |
| Contributions, gifts, grants paid | $280,000 |
| Total expenses and disbursements | $332,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $826,881 |
| 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 | $2,518 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,465,455 |
| 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, Jenifer Strait Memorial Foundation has awarded $280,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BOYSVILLE PURPOSE: HELP FUND A SAFE FAMILY ENVIRONMENT FOR CHILDREN IN NEED | $10,000 |
CASA OF CENTRAL TEXAS PURPOSE: FUND CAPITAL IMPROVEMENTS FOR A NEW CENTER TO HELP RECRUIT, TRAIN AND SUPPORT CHILD ADVOCATE VOLUNTEERS | $25,000 |
MORGAN'S WONDERLAND PURPOSE: TO HELP FUND A THEME PARK FOR SPECIAL NEEDS AND ALL CHILDREN | $25,000 |
OAK HILLS CHURCH PURPOSE: TO SUPPORT CHILDREN'S MINISTRIES AND FACILITIES | $35,000 |
RED ARENA PURPOSE: TO HELP FUND THERAPY TO DISABLED CHILDREN THROUGH EQUINE THERAPY | $10,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: FOR CHILDREN'S MEDICAL RESEARCH & TREATMENT | $45,000 |