Janes Fund
- Assets
- $439.7k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2023
- EIN
- 87-3224035
Organization Overview
Janes Fund is located in Charlotte, NC. According to its NTEE Classification (T30) the organization is classified as: Public 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. Janes 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, Janes Fund generated $1.2m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Janes Fund has awarded 14 individual grants totaling $625,677. 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
JANES FUND EXISTS TO POUR LOVE AND LIGHT IN THE COMMUNITY BY PROVIDING ENCOURAGEMENT AND FINANCIAL SUPPORT TO FAMILIES EXPERIENCING PERSONAL HARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL ASSISTANCE SUCH AS RENT, MORTGAGE, CAR OR UTILITY PAYMENTS TO 19 FAMILIES IN FINANCIAL DISTRESS DUE TO A CHILD DYING OF TERMINAL PEDIATRIC CANCER. THE FAMILIES CHOSEN TO RECEIVE FINANCIAL ASSISTANCE WERE DETERMINED TO BE IN DISTRESS BY THE TEAM OF ONCOLOGY SOCIAL WORKERS CARING FOR THE PATIENTS WITHIN A HOSPITAL SYSTEM. PAYMENTS WERE MADE DIRECTLY TO PROVIDERS.
PROVIDED ESSENTIAL SUPPORT TO UNDER-RESOURCED PUBLIC SCHOOL, ASSISTING CHILDREN/FAMILIES IN FINANCIAL DISTRESS AS DETERMINED BY THE INDIVIDUAL SCHOOL. ITEMS INCLUDE SCHOOL UNIFORMS, LAPTOP COMPUTERS FOR GRADUATING SENIORS GOING ON TO COLLEGE OR HIGHER EDUCATION, VANS PROVIDING TRANSPORTATION TO AND FROM AFTER-SCHOOL PROGRAMMING, AN ICE-CREAM TRUCK TO CELEBRATE STUDENTS ENDING THE SCHOOL YEAR WHO HAVE EARNED THE HONOR OF ADVANCING TO THE NEXT GRADE LEVEL AND MORE. THESE PROJECTS SUPPORTED 990 CHILDREN. SUPPORTED 990 CHILDREN.
PROVIDED FUNDS TO SUPPORT SPORTS OPPORTUNITIES FOR CHILDREN WHO WOULD NOT OTHERWISE HAVE ACCESS TO THEM. THIS INCLUDES THE BUILDING OF A POOL IN AN UNDER-RESOURCED COMMUNITY TO PROVIDE SWIMMING LESSONS, SCHOLARSHIPS TO A SCHOOL YEAR AND SUMMER BASKETBALL CLINIC AND AFTER SCHOOL LACROSSE CLINIC AT HIGH-NEED ELEMENTARY SCHOOL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Stubbs Board Member | Trustee | 1 | $0 |
Michael Harrell Board Member | Trustee | 1 | $0 |
Kevin Moran Board Member | Trustee | 1 | $0 |
Lauren Harnett Executive Director | Officer | 10 | $33,077 |
Jane Harrell President | Officer | 6 | $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 | $1,245,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,245,687 |
| 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 | $1,245,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $595,297 |
| Grants and other assistance to domestic individuals. | $789,945 |
| 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 | $33,077 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,200 |
| 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 | $85,592 |
| Advertising and promotion | $14,820 |
| Office expenses | $3,591 |
| Information technology | $1,850 |
| 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 | $246 |
| All other expenses | $341 |
| Total functional expenses | $1,538,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $439,677 |
| 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 | $42 |
| 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 | $439,719 |
| 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 | $439,719 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $439,719 |
Grants Awarded
Over the last fiscal year, Janes Fund has awarded $545,381 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
RENAISSANCE WEST STEAM ACADEMY PURPOSE: FUNDED INSTRUMENTS FOR BAND PROGRAM EXPANSION AT HIGH-NEED MIDDLE SCHOOL, TO PRO PRO | $62,968 |
YMCA CAMP THUNDERBIRD PURPOSE: FIELD TRIP FOR 95 5TH GRADERS FROM SUNSET ELEMENTARY AND 120 3RD GRADERS FROM HU | $23,895 |
HARDING HIGH SCHOOL PURPOSE: 170 LAPTOPS GIVEN TO GRADUATING SENIORS (SELECTED BY SCHOOL) FROM HIGH-NEED HIGH | $42,842 |
GEN ONE PURPOSE: 28 LAPTOPS GIVEN TO GRADUATING SENIORS (SELECTED BY SCHOOL) FROM HIGH-NEED HIGH | $7,057 |
WEST MECKLENBURG HIGH SCHOOL PURPOSE: 133 LAPTOPS GIVEN TO GRADUATING SENIORS (SELECTED BY SCHOOL) FROM HIGH-NEED HIGH | $24,415 |
CAROLINA YOUTH COALITION PURPOSE: 85 LAPTOPS GIVEN TO GRADUATING SENIORS (SELECTED BY SCHOOL) FROM HIGH-NEED HIGH | $21,420 |