Jack H Brown Family Foundation
- Assets
- $30.8m
- Revenue
- $6.2m
- Investments
- $30.2m
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 82-1342410
Organization Overview
Jack H Brown Family Foundation is located in Riverside, CA. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jack H Brown Family 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 12/2023, Jack H Brown Family Foundation generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year.
Since 2018, Jack H Brown Family Foundation has awarded 68 individual grants totaling $6,008,465. 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 |
|---|---|---|---|
Sean S Varner Director | 5 | $50,000 | |
Phillip J Smith Director | 5 | $50,000 | |
Susan J Atkinson Director | 5 | $50,000 | |
Douglas A Knudsen Director | 5 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000,000 |
| Interest on Savings | $247,651 |
| Dividends & Interest | $331,924 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $580,728 |
| Capital Gain Net Income | $580,728 |
| Net ST Capital Gain | $334,221 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,160,303 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,482 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $518,424 |
| Contributions, gifts, grants paid | $1,227,970 |
| Total expenses and disbursements | $1,746,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,833 |
| Savings and temporary cash investments | $342,261 |
| 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 | $4,465 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,139,115 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $65,695 |
| Total assets | $30,764,363 |
| 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, Jack H Brown Family Foundation has awarded $1,227,970 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
SANTA CLAUS INC PURPOSE: PROGRAM SUPPORT | $75,000 |
CHILDRENS FUND INC PURPOSE: PROGRAM SUPPORT | $135,000 |
STATER BROS CHARITIES PURPOSE: PROGRAM SUPPORT | $100,000 |
RIVERSIDE ELKS PURPOSE: PROGRAM SUPPORT | $75,000 |
SEBA CHARITY FUND PURPOSE: PROGRAM SUPPORT | $25,000 |
CORONANORCO FAMILY YMCA PURPOSE: PROGRAM SUPPORT | $75,000 |