Placemaking And Equity Fund Inc
- Assets
- $891.8k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-2882720
Organization Overview
Placemaking And Equity Fund Inc is located in Jacksonville, FL. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Placemaking And Equity Fund 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, Placemaking And Equity Fund Inc generated $100.0k 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 (40.1%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROMOTES COMMUNITY ENGAGEMENT AND SERVICE FOR PLACEMAKING AND EQUITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFT EV'RY VOICE AND SING PARK IS CURRENTLY THE PLACEMAKING AND EQUITY FUND'S PRIMARY FOCUS, AS A PREMIER EXAMPLE OF PLACEMAKING WITH EQUITY. IT IS UNDER CONSTRUCTION IN THE HISTORIC LAVILLA NEIGHBORHOOD IN JACKSONVILLE, FLORIDA. WHEN COMPLETED, THE PARK WILL HONOR TWO OF JACKSONVILLE'S MOST FAMOUS RESIDENTS, JAMES WELDON JOHNSON AND JOHN ROSAMOND JOHNSON. THE JOHNSON BROTHERS WROTE "LIFT EV'RY VOICE AND SING," OFTEN CALLED THE BLACK NATIONAL ANTHEM, AT THEIR HOME IN THE LAVILLA NEIGHBORHOOD BETWEEN 1900 AND 1905.LIFT EV'RY VOICE AND SING PARK WAS DESIGNED BY WORLD-RENOWNED MACARTHUR FOUNDATION "GENIUS GRANT" RECIPIENT WALTER HOOD. THE PARK INCORPORATES ELEMENTS OF THE JOHNSON BROTHERS AND LAVILLA'S CULTURAL AND BUILT HISTORY WHILE MAKING SPACE FOR A MORE INCLUSIVE FUTURE.THE VISION FOR LIFT EV'RY VOICE AND SING PARK COMES AFTER YEARS OF PLANNING, INPUT MEETINGS, AND DISCUSSIONS WITH COMMUNITY STAKEHOLDERS ABOUT HOW TO BEST REVITALIZE LAVILLA, A ONCE BUSTLING AND VIBRANT NEIGHBORHOOD ALIVE WITH ARTS, CULTURE, AND ENTREPRENEURSHIP.WHEN OPENED, LIFT EV'RY VOICE AND SING PARK WILL BE A DESTINATION FOR RESIDENTS AND VISITORS TO LEARN ABOUT JACKSONVILLE'S DYNAMIC HISTORY AND PARTICIPATE IN PROGRAMS AND ACTIVITIES THAT ALLOW EVERYONE TO FEEL THEY BELONG. IT IS OUR HOPE THAT LIFT EV'RY VOICE AND SING PARK WILL BE THE BEGINNING OF A MUCH LARGER LAVILLA HERITAGE TRAIL IN JACKSONVILLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mari Kuraishi Dir., Secretary | OfficerTrustee | 0.3 | $0 |
Martha Lanahan Dir., President, Treasurer | OfficerTrustee | 0.1 | $0 |
Nathaniel P Ford Dir., Vice President | OfficerTrustee | 0.1 | $0 |
Financial Statements
| 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 | $100,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| 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 | $100,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| 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 | $4,515 |
| 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 | $0 |
| Total functional expenses | $8,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $891,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $891,846 |
| 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 | $61 |
| Net assets with donor restrictions | $891,785 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $891,846 |