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Jonathan Club Charitable Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200263215 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Jonathan Club Charitable Fund?

The Jonathan Club Charitable Fund is a nonprofit organization situated in Los Angeles, California, specifically at 545 S Figueroa Street. Their mission is dedicated to supporting charitable and educational causes within their local community. They achieve this goal by granting funds to organizations that adhere to Section 501(C)(3) of the Internal Revenue Code and by maintaining a scholarship fund. This scholarship fund is allocated to Jonathan Club employees, their family members, and spouses, selected by a committee of financial aid professionals based on academic achievement, community involvement, and other significant contributions. In 2022, the fund provided scholarships covering tuition, fees, books, and necessary course supplies for 13 students pursuing higher education or vocational training.


Is Jonathan Club Charitable Fund legitimate?

Jonathan Club Charitable Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jonathan Club Charitable Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Jonathan Club Charitable Fund?
Who is the CEO of Jonathan Club Charitable Fund?
What is the revenue of Jonathan Club Charitable Fund?
Who are the executives of Jonathan Club Charitable Fund and what are their salaries?
Where can I find the form 990 for Jonathan Club Charitable Fund?

Mission Statement of Jonathan Club Charitable Fund

The Jonathan Club Charitable Fund is committed to advancing charitable and educational causes within its community. To achieve this mission, the fund engages in two primary activities. Firstly, it grants financial assistance to organizations that fall under the umbrella of Section 501(C)(3) of the Internal Revenue Code. Secondly, the fund has established and maintains a scholarship fund, which it utilizes to award scholarships to eligible individuals. These recipients typically include Jonathan Club employees, their children, grandchildren, and spouses. The scholarship selection process is overseen by an independent committee of financial aid professionals from the community. They consider a variety of factors, such as academic achievement, community involvement, and other significant contributions, to determine the most deserving candidates. Overall, the Jonathan Club Charitable Fund plays a crucial role in supporting charitable and educational causes in its community, as well as investing in the future of its employees and their families.

Impact

This information is meant to be a general summary of Jonathan Club Charitable Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The Jonathan Club Charitable Fund's impact includes providing scholarships for tuition, fees, books, and necessary course supplies to support individuals in pursuing college or vocational education. In 2022, the organization supported 13 students in furthering their education. Their mission is to further charitable and educational causes in the community by granting to qualifying organizations and establishing a scholarship fund for Jonathan Club employees, their children, grandchildren, and spouses. This demonstrates their commitment to promoting academic achievement, community involvement, and other contributions within their community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $50,814
  • Program Service Revenue: $0
  • Gross Receipts: $838,846

    • Assets and Liabilities:
  • Total Assets: $3,553,398
  • Total Liabilities: $0
  • Net Assets: $3,553,398
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Thomas G Brandt

    Main Address

    545 S FIGUEROA STREET, LOS ANGELES, CA, 90071

    NTEE Category

    Code: T12 - Philanthropy

    If you are a representative of Jonathan Club Charitable Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.