Jesk Foundation Inc
- Assets
- $1.9m
- Revenue
- $68.7k
- Investments
- $549.5k
- Employees
- 0
- Location
- Bedford Hills, NY
- Founding
- Data as of
- 12/2023
- EIN
- 83-2892807
Organization Overview
Jesk Foundation Inc is located in Bedford Hills, NY. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jesk Foundation 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 12/2023, Jesk Foundation Inc generated $68.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (43.0%) each year.
Since 2020, Jesk Foundation Inc has awarded 13 individual grants totaling $1,085,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO PUBLIC CHARITIES IN NY AND MA PROVIDING ASSISTANCE IN ALL FORMS TO LOW INCOME HOUSING TENANTS AND HOME OWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elspeth Oram Director CFO | 0.5 | $0 | |
Kathryn Oram Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $68,673 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,680 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $580 |
| Total operating and administrative expenses | $580 |
| Contributions, gifts, grants paid | $185,000 |
| Total expenses and disbursements | $185,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,821 |
| Savings and temporary cash investments | $1,117,672 |
| 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 | $1,878,993 |
| 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, Jesk Foundation Inc has awarded $185,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY OF DUTCHES COUNTY PURPOSE: PROVIDES AFFORDABLE HOME OWNERSHIP FOR INDIVIDUALS IN NEED | $10,000 |
HOMESTART INC PURPOSE: LOW INCOME HOUSING AND TENANT ASSISTANCE | $75,000 |
DORCHESTER BAY BY EDC PURPOSE: ECONOMIC DEVELOPMENT AND LOW INCOME HOUSING | $50,000 |
WESTCHESTER RESIDENTIAL OPORTUNITIES PURPOSE: LOW INCOME HOUSING AND TENANT ASSITANCE | $50,000 |