Jannson Foundation
- Assets
- $4.8m
- Revenue
- $73.4k
- Investments
- $4.7m
- Employees
- 0
- Location
- Torrance, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-1917622
Organization Overview
Jannson Foundation is located in Torrance, CA. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jannson 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 12/2021, Jannson Foundation generated $73.4k in total revenue. All expenses for the organization totaled $260.0k during the year ending 12/2021.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE JANNSON FOUNDATION'S PRIMARY CHARITABLE ACTIVITIES WILL INCLUDE MEDICAL RESEARCH, BIOMEDICAL, BIOMETRIC AND SCIENTIFIC RESEARCH, PROVIDING SCHOLARSHIPS AND FINANCIAL SUPPORT FOR STUDENTS AND EDUCATIONAL INSTITUTIONS FOR THE PURPOSE OF THE ADVANCEMENT OF MEDICINE ANDSCIENTIFIC RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Agnieszka Dewitt President | 2 | $37,500 | |
Mr Gordon Drew Secretary, Cfo, And Treasurer | 2 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $581 |
| Dividends & Interest | $49,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,426 |
| Capital Gain Net Income | $23,426 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $73,427 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $61,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,218 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,390 |
| Total operating and administrative expenses | $260,039 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $260,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,865 |
| Savings and temporary cash investments | $0 |
| 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 | $1,306,021 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,755,214 |
| 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 |
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