Brian And Sheila Jellison Family Foundation
- Assets
- $75.3m
- Revenue
- $5.9m
- Investments
- $74.4m
- Employees
- 0
- Location
- Ramsey, NJ
- Founding
- 05/2019
- Data as of
- 06/2023
- EIN
- 83-2115946
Organization Overview
Brian And Sheila Jellison Family Foundation is located in Ramsey, NJ. The organization was established in 2019. 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. Brian And Sheila Jellison 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 06/2023, Brian And Sheila Jellison Family Foundation generated $5.9m 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 (16.8%) each year. All expenses for the organization totaled $7.8m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Brian And Sheila Jellison Family Foundation has awarded 39 individual grants totaling $18,234,062. 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 |
|---|---|---|---|
Sheila Jellison President | 1 | $0 | |
Christina Mucha Vice President | 1 | $0 | |
Michelle Jellison Vice President | 1 | $0 | |
Hilary Simonds Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $943,898 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$60,010 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,883,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,110 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $15,663 |
| Printing and publications | $0 |
| Other expenses | $45,470 |
| Total operating and administrative expenses | $215,047 |
| Contributions, gifts, grants paid | $7,569,075 |
| Total expenses and disbursements | $7,784,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $820,252 |
| 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 | $24,082,652 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $42,596 |
| Total assets | $75,280,765 |
| 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 | $28,520 |
| Total liabilities | $28,520 |
Grants Awarded
Over the last fiscal year, Brian And Sheila Jellison Family Foundation has awarded $7,569,075 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA UNIVERSITY FOUNDATION PURPOSE: TO SUPPORT VARIOUS EDUCATIONAL PROGRAMS AND THE RENOVATION OF A LEARNING STUDIO IN ORDER TO ENHANCE THE LEARNING EXPERIENCE OF STUDENTS. | $1,600,169 |
SARASOTA MEMORIAL HEALTHCARE FOUNDATION PURPOSE: TO SUPPORT THE CONSTRUCTION OF THE SMH CANCER INSTITUTE | $5,010,000 |
THE V FOUNDATION FOR CANCER RESEARCH PURPOSE: TO SUPPORT GAME-CHANGING RESEARCH & ALL-STAR SCIENTISTS TO ACCELERATE VICTORY OVER CANCER | $100,000 |
VISIBLE MEN ACADEMY PURPOSE: TO SUPPORT EDUCATION, ACADEMIC PROGRAMS, FACULTY, AND CAMPUS ACTIVITIES | $50,000 |
SECOND HEART HOMES INC PURPOSE: TO SUPPORT THE MISSION TO SERVE HOMELESS INDIVIDUALS COMING OFF THE STREETS | $15,000 |
PMC PAN MASS CHALLENGE PURPOSE: TO SUPPORT A MA BASED BIKE-A-THON THAT RAISES FUNDS FOR THE DANA-FARBER CANCER INSTITUTE | $26,505 |