Houston Junior Forum Endowment Fund Inc
- Assets
- $1.7m
- Revenue
- $104.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 05/1990
- Data as of
- 05/2022
- EIN
- 76-0272226
Organization Overview
Houston Junior Forum Endowment Fund Inc is located in Houston, TX. The organization was established in 1990. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. Houston Junior Forum Endowment Fund 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 05/2022, Houston Junior Forum Endowment Fund Inc generated $104.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $106.7k during the year ending 05/2022. While expenses have increased by 15.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOUSTON JUNIOR FORUM ENDOWMENT FUND PROVIDES FINANCIAL SUPPORT TO HOUSTON JUNIOR FORUM INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ENDOWMENT IS TO RECEIVE, INVEST AND MANAGE CONTRIBUTIONS RECEIVED TO: - PROVIDE LONG-TERM FINANCIAL SUPPORT TO THE HOUSTON JUNIOR FORUM, INC. (HJF, INC.) IN FULFILLING ITS CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES; - ESTABLISH, INVEST AND MANAGE A LONG-TERM INVESTMENT PORTFOLIO AS A LONG-TERM SOURCE OF FUNDING TO HJF, INC.; - FUND GRANTS OR DISTRIBUTIONS THAT ACCOMPLISH THE PURPOSES AND PROGRAMS OF HJF, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Hardin President | OfficerTrustee | 1 | $0 |
Pamela Blakely Vice President | OfficerTrustee | 1 | $0 |
Jodie Parker Treasurer | OfficerTrustee | 2 | $0 |
Kay Hansen-Clerc Secretary | OfficerTrustee | 1 | $0 |
Debbie Berner Development Chair | Trustee | 1 | $0 |
Cindy Cochran Correspondence Co-Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,829 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,660 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,489 |
| Total Program Service Revenue | $0 |
| Investment income | $29,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $62,879 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,629 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,933 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $433 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,847 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,225 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $260 |
| All other expenses | $0 |
| Total functional expenses | $106,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,716,778 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,716,778 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36 |
| Total liabilities | $36 |
| Net assets without donor restrictions | $1,716,742 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,716,778 |
Grants Awarded
Over the last fiscal year, Houston Junior Forum Endowment Fund Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: ENDOWMENT GRANT TO HJF COMMUNITY GRANTS PROGRAM | $38,000 |
Houston, TX PURPOSE: ENDOWMENT GRANT TO HJF COLLEGE SCHOLARSHIP PROGRAM | $12,000 |
Endowment Analysis
| Beg. Balance | $1,912,270 |
| Earnings | -$101,319 |
| Admin Expense | $19,765 |
| Net Contributions | $12,489 |
| Grants | $86,933 |
| Ending Balance | $1,716,742 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior League Of Houston Inc Houston, TX | $19,202,618 | $7,024,666 |
Junior League Of Dallas Inc Dallas, TX | $13,749,927 | $2,897,797 |
Junior League Of Austin Austin, TX | $28,532,995 | $1,924,885 |
National Charity League Inc Plano, TX | $5,435,489 | $3,198,341 |
The Junior League Of Fort Worth Inc Fort Worth, TX | $7,869,355 | $1,920,498 |
Girl Friends Inc Dallas, TX | $3,095,298 | $1,176,791 |
Charity Guild Of Catholic Women Of Harris County Houston, TX | $7,311,135 | $2,006,741 |
Junior League Of New Orleans Inc New Orleans, LA | $8,620,276 | $856,562 |
Lubbock Womens Club Lubbock, TX | $549,785 | $714,041 |
Womens Foundation Of Arkansas Little Rock, AR | $786,349 | $785,014 |
Junior League Of Baton Rouge Inc Baton Rouge, LA | $4,988,350 | $556,815 |
Ladies Of Charity-Lake Travis Lakeway, TX | $4,397,687 | $1,467,353 |