Jesy Foundation
- Assets
- $2.3m
- Revenue
- $56.6k
- Investments
- $242.9k
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 12/2001
- Data as of
- 08/2022
- EIN
- 91-2156243
Organization Overview
Jesy Foundation is located in San Jose, CA. The organization was established in 2001. 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. Jesy 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 08/2022, Jesy Foundation generated $56.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $143.4k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jesy Foundation has awarded 248 individual grants totaling $1,189,500. 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
JESY FOUNDATION IS A NON-OPERATIONAL PRIVATE FOUNDATION. FROM SEPT 2015- AUGUST 2016, JESY FOUNDATION SPENT MOST OF THE TIME TO SEARCH AND DONATE MONEY TO ACADEMIC INSTITUTIONS FOR THEIR RESEARCH AND DEVELOPMENT ACTIVITY USES, SEARCH AND DONATE MONEY TO ADVOCACY FOR COMMUNITY BENEFITS AND HELP OTHERS BY DONATING MONEY TO OPERATIONAL FOUNDATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ning Lee President | 20 | $0 | |
Tu-Lien Lee Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,814 |
| Dividends & Interest | $17,236 |
| Net Rental Income | $751 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $615 |
| Depreciation | $13,728 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,220 |
| Total operating and administrative expenses | $38,353 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $143,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,838 |
| Savings and temporary cash investments | $1,399,393 |
| 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 | $428,325 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $2,282,484 |
| Accounts payable and accrued expenses | $1,500 |
| 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 | $58 |
| Total liabilities | $1,558 |
Grants Awarded
Over the last fiscal year, Jesy Foundation has awarded $105,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: DONATION | $10,000 |
AMERICAN RED CROSS PURPOSE: DONATION | $10,000 |
TZU CHI FOUNDATION PURPOSE: DONATION | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: DONATION | $5,000 |
STANDFORD UNIVERSITY PURPOSE: DONATION | $5,000 |
Davis, CA PURPOSE: DONATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |