Jlh Foundation
- Assets
- $53.2m
- Revenue
- $3.6m
- Investments
- $50.9m
- Employees
- 0
- Location
- Katy, TX
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 76-0668991
Organization Overview
Jlh Foundation is located in Katy, TX. The organization was established in 2001. 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. Jlh 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, Jlh Foundation generated $3.6m 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 (42.3%) each year. All expenses for the organization totaled $6.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Jlh Foundation has awarded 46 individual grants totaling $17,229,038. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellis Tudzin Sec/treas/director | 1 | $0 | |
Paula Hern Chairman/director | 1 | $0 | |
Tom Barbour Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Westwood Wealth Management | 12/30/22 | $151,898 |
Rbc Wealth Management | 12/30/22 | $75,955 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $307,352 |
| Dividends & Interest | $1,463,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,816,821 |
| Capital Gain Net Income | $2,016,205 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40 |
| Total Revenue | $3,587,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61,717 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,266 |
| Total operating and administrative expenses | $390,600 |
| Contributions, gifts, grants paid | $6,387,073 |
| Total expenses and disbursements | $6,777,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,341,279 |
| 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 | $53,244,944 |
| 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, Jlh Foundation has awarded $6,387,073 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S ORGAN TRANSPLANT ASSOCIATION PURPOSE: CHARITABLE | $341,140 |
NORA'S GIFT FOUNDATION PURPOSE: CHARITABLE | $100,000 |
THE SETON FUND PURPOSE: CHARITABLE | $75,000 |
COMPASSIONATE TOUCH INC PURPOSE: CHARITABLE | $450,000 |
UNIVERSITY OF TEXAS FOUNDATION PURPOSE: CHARITABLE | $17,600 |
DELL CHILDREN'S FOUNDATION PURPOSE: CHARITABLE | $5,000,000 |