The George & Shirley Jensen Foundat
- Assets
- $410.2k
- Revenue
- $43.0k
- Investments
- $404.7k
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 81-0529541
Organization Overview
The George & Shirley Jensen Foundat is located in Missoula, MT. The organization was established in 2002. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George & Shirley Jensen Foundat 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 12/2021, George & Shirley Jensen Foundat generated $43.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $26.1k during the year ending 12/2021. While expenses have increased by 12.3% 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 2017, George & Shirley Jensen Foundat has awarded 43 individual grants totaling $114,490. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDING FOR THE ST.PATRICK'S HOUSE, THE PRIMARY ORGANIZATION, AND OTHER 501(C)(3) ORGANIZATIONS AS PROVIDED IN THE ARTICLES OF ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS A SUPPORTING ORGANIZATION AND AS SUCH PROVIDES FUNDING FOR THE MAINTENANCE AND SUPPORT OF ONE OF THE ROOMS IN THE ST. PATRICK'S HOUSE, WHICH IS PART OF ST. PAT'S HOSPITAL FOUNDATION. GRANTS ARE ALSO GIVEN TO AN APPROVED LIST OF 501(C)(3) ORGANIZATIONS BASED ON THE DIRECTION OF THE DIRECTORS. GRANTS IN 2015 CONSISTED OF $5,000 TO ST. PAT'S HOUSE, $1,000 TO YMCA, $1,000 TO LOYOLA SACRED HEART FOUNDATION, $475 TO FRIENDS OF HISTORICAL MUSEUM AT FORT MISSOULA, $500 TO FIVE VALLEY CRIME STOPPERS, $1,200 TO MISSOULA COUNTY LAW ENFORCEMENT YOUTH CAMP, $600 TO BIG BROTHERS BIG SISTERS AND $600 TO SHRINERS HOSPITALS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley A Jensen Director | 0.1 | $0 | |
George L Jensen Director | 0.1 | $0 | |
Kristy Jensen-Warycha Director | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,074 |
| Capital Gain Net Income | $11,074 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $290 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,857 |
| Contributions, gifts, grants paid | $24,200 |
| Total expenses and disbursements | $26,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,601 |
| Net Accounts receivable | $815 |
| 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 | $404,746 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $410,162 |
| 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 George & Shirley Jensen Foundat has awarded $24,200 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MISSOULA AGING SERVICES PURPOSE: FINANCIAL ASSISTANCE | $8,500 |
ST PATRICK HOUSE PURPOSE: FINANCIAL ASSISTANCE | $7,000 |
Missoula, MT PURPOSE: FINANCIAL ASSISTANCE | $4,000 |
XSPORTS4VETS PURPOSE: FINANCIAL ASSISTANCE | $2,200 |
LOYOLA SACRED HEART FOUNDATION PURPOSE: FINANCIAL ASSISTANCE | $2,000 |
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: FINANCIAL ASSISTANCE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
West Care Health And Welfare Benefit Trust Bozeman, MT | $15,251,463 | $3,785,858 |
St Johns Health Foundation Jackson, WY | $17,257,715 | $3,999,724 |
North Dakota Hospital Foundation Bismarck, ND | $7,414,810 | $5,236,600 |
Montana Health Research And Education Foundation Inc Helena, MT | $2,112,895 | $4,435,703 |
St Lukes Mccall Foundation Inc Mccall, ID | $4,838,602 | $1,413,102 |
Portneuf Health Trust Pocatello, ID | $172,382,785 | $35,459,650 |
Altru Health Foundation Grand Forks, ND | $17,808,212 | $5,022,342 |
Huron Clinic Foundation Inc Huron, SD | $2,964,978 | $2,959,028 |
Sheridan County Memorial Hospital Foundation Sheridan, WY | $12,628,991 | $1,805,956 |
St Peters Health Foundation Helena, MT | $25,967,103 | $5,998,897 |
Kootenai Health Foundation Inc Coeur dAlene, ID | $17,172,662 | $2,507,936 |
South Dakota Foundation For Medical Care Sioux Falls, SD | $1,736,275 | $2,137,861 |