Jim Saunders Fund is located in Kailuakona, HI. According to its NTEE Classification (T31) the organization is classified as: Community 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. Jim Saunders Fund 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, Jim Saunders Fund generated $618.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $309.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Jim Saunders Fund has awarded 29 individual grants totaling $764,643. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FOR EDUCATIONAL SCHOLARSHIPS AND GRANTS TO INDIVIDUALS WITH THE GOAL OF ASSISTING THEM TO CONTINUALLY SEEK KNOWLEDGE. ADDITIONALLY, TO PROVIDE GRANTS TO INDIVIDUALS WHO HAVE EXPERIENCED A CATASTROPHIC EVENT OR AN EMERGENCY HARDSHIP AND AS A RESULT NEED FINANCIAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FOR EDUCATIONAL SCHOLARSHIPS AND GRANTS TO INDIVIDUALS WITH THE GOAL OF ASSISTING THEM TO CONTINUALLY SEEK KNOWLEDGE. ADDITIONALLY, TO PROVIDE GRANTS TO INDIVIDUALS WHO HAVE EXPERIENCED A CATASTROPHIC EVENT OR AN EMERGENCY HARDSHIP AND AS A RESULT NEED FINANCIAL ASSISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Mcintosh President, Director | OfficerTrustee | 1 | $0 |
Dan Rose Secretary, Director | OfficerTrustee | 1 | $0 |
Jennifer Sills Treasurer, Director | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $618,090 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $618,090 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $618,090 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $233,891 |
Grants and other assistance to domestic individuals. | $71,204 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,442 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $249 |
Total functional expenses | $309,786 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,146,143 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $13,520 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,159,663 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,159,663 |
Total liabilities and net assets/fund balances | $1,159,663 |
Over the last fiscal year, Jim Saunders Fund has awarded $224,633 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
MAKUA LANI CHRISTIAN ACADEMY PURPOSE: EDUCATION - TUITION ASSISTANCE | $22,745 |
HAWAII PREPARATORY ACADEMY PURPOSE: EDUCATION - TUITION ASSISTANCE | $97,735 |
CREATIVE DAY PRESCHOOL PURPOSE: EDUCATION - TUITION ASSISTANCE | $10,599 |
PARKER SCHOOL PURPOSE: EDUCATION - TUITION ASSISTANCE | $19,320 |
KULEANA EDUCATION PURPOSE: EDUCATION - TUITION ASSISTANCE | $19,700 |
HONOLULU STUDENT HOUSING ONE LLC PURPOSE: EDUCATION - STUDENT HOUSING | $28,018 |