Jem Project
- Assets
- $37.5m
- Revenue
- $1.7m
- Investments
- $36.2m
- Employees
- 0
- Location
- Tiburon, CA
- Founding
- 12/2019
- Data as of
- 12/2022
- EIN
- 84-3344588
Organization Overview
Jem Project is located in Tiburon, CA. The organization was established in 2019. 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. Jem Project 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, Jem Project generated $1.7m 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 (57.1%) each year. All expenses for the organization totaled $8.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jem Project has awarded 287 individual grants totaling $16,907,491. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION HAS ISSUED GRANTS TO 83 501C (3) ORGANIZATIONS WITH FOUR AREAS OF FOCUS - ADVANCE CHILD WELFARE, PROMOTE ANIMAL WELFARE, EMPOWER WOMEN AND INSTIGATE ENVIRONMENTAL SUSTAINABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Manning President | 20 | $0 | |
Rachel Shocket Director Of Operations | 40 | $87,438 | |
Leah Burroughs Executive Director | 40 | $166,145 | |
Valerie Williams Program Officer | 40 | $92,469 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $82 |
| Dividends & Interest | $907,188 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $781,442 |
| Capital Gain Net Income | $828,215 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,707 |
| Total Revenue | $1,703,419 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $87,438 |
| Other employee salaries and wages | $258,614 |
| Pension plans, employee benefits | $14,184 |
| Interest | $0 |
| Taxes | $125,319 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,162 |
| Printing and publications | $0 |
| Other expenses | $15,498 |
| Total operating and administrative expenses | $744,649 |
| Contributions, gifts, grants paid | $7,854,899 |
| Total expenses and disbursements | $8,599,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,645 |
| Savings and temporary cash investments | $1,144,390 |
| 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 | $2,385,099 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,061 |
| Total assets | $37,529,747 |
| 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 | $24,986 |
| Total liabilities | $24,986 |
Grants Awarded
Over the last fiscal year, Jem Project has awarded $7,854,899 in support to 163 organizations.
| Grant Recipient | Amount |
|---|---|
ST VINCENT DE PAUL FOUNDATION PURPOSE: FOR THANKSGIVING 5K FUNDRAISER | $1,050 |
HEALING HEARTS FOUNDATION PURPOSE: FUNDS TOWARDS TRUCKLOAD OF ALFALFA HAY FOR RESCUE ANIMALS | $2,500 |
REEF CHECK FOUNDATION PURPOSE: PACIFIC COAST KELP FOREST MONITORING AND RESTORATION | $120,000 |
MAUI FOOD BANK INC PURPOSE: THANKSGIVING MEALS FOR FAMILIES IN NEED IN MAUI | $10,000 |
CHILDRENS MIRACLE NETWORK PURPOSE: FUNDRAISING THROUGH EXTRALIFE (TWITCH.TV) FOR RADY CHILDREN'S HOSPITAL THROUGH CMNH | $29,075 |
SAFE HOUSE PROJECT INC PURPOSE: SURVIVOR EMERGENCY PLACEMENT FUNDING | $88,000 |