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Nonprofiteer
← JUDSON FOUNDATION

Form 990 for tax year 2024

Filed by JUDSON FOUNDATION.

Totals

Total revenue
$4,992,595
Total expenses
$1,567,955
Contributions and grants received
$1,324,199
Grants paid
$789,045
Program service revenue
$0
Investment income
$3,581,803
Other revenue
$86,593
Total assets, end of year
$38,986,839
Total liabilities, end of year
$245,908
Net assets or fund balances, end of year
$38,740,931
Program services expenses (Part IX)
$789,143
Management and general expenses
$287,803
Fundraising expenses
$491,009
Program service expenses (Part III)
$789,143

Program services were 50.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,324,199

  • 3 · Investment income

    total $1,266,433 · excluded $1,266,433

  • 7a · Gross sales of assets other than inventory

    securities $48,762,247

  • 7b · Less cost or other basis and sales expenses

    securities $46,446,877

  • 7c · Gain or loss

    securities $2,315,370

  • 7d · Net gain or loss

    total $2,315,370 · excluded $2,315,370

  • 11a · Other revenue: TRUST AND OTHER INCOME

    total $86,593 · related or exempt $86,593

  • 11e · Other revenue, total

    $86,593

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $789,045 · program services $789,045

  • 5 · Compensation of officers, directors and key employees

    total $306,331 · fundraising $306,331

  • 7 · Other salaries and wages

    total $33,693 · fundraising $33,693

  • 10 · Payroll taxes

    total $25,001 · fundraising $25,001

  • 11a · Fees: management

    total $45,000 · management and general $45,000

  • 11f · Fees: investment management

    total $177,311 · management and general $177,311

  • 11g · Fees: other

    total $21,425 · management and general $21,425

  • 13 · Office expenses

    total $71,528 · management and general $5,629 · fundraising $65,899

  • 14 · Information technology

    total $26,073 · management and general $26,073

  • 23 · Insurance

    total $12,365 · management and general $12,365

  • 24a · Other expenses: MISCELLANEOUS

    total $60,183 · program services $98 · fundraising $60,085

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $165,385 · end of year $665,293

  • 3 · Pledges and grants receivable

    beginning of year $635,054 · end of year $774,923

  • 7 · Other notes and loans receivable

    beginning of year $3,071,661 · end of year $2,521,840

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,952 · end of year $14,347

  • 11 · Investments: publicly traded securities

    beginning of year $30,134,562 · end of year $33,315,436

  • 12 · Investments: other securities

    beginning of year $1,605,000 · end of year $1,695,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $80,924 · end of year $75,634

  • 25 · Other liabilities

    beginning of year $134,557 · end of year $170,274

  • 27 · Net assets without donor restrictions

    beginning of year $28,680,791 · end of year $31,624,046

  • 28 · Net assets with donor restrictions

    beginning of year $6,722,342 · end of year $7,116,885

Mission and programs · 2024

Mission

THE JUDSON FOUNDATION IS THE 501(C)(3) FUND RAISING ORGANIZATION SUPPORTING MANY OF THE PROGRAMS, NEW INITIATIVES, FACILITY ENHANCEMENTS, RESIDENT SUBSIDIES AND STRATEGIC INITIATIVES, ASDETERMINED BY THE 501(C)(3) PARENT JUDSON SERVICES, INC. BOARD.

Activities or mission (Part I)

THE FOUNDATION IS THE FUNDRAISING ORGANIZATION SUPPORTING PROGRAMS, INITIATIVES, FACILITY ENHANCEMENTS, SUBSIDIES AND STRATEGIES, AS DETERMINED BY JUDSON SERVICES, INC BOARD

  • JUDSON FOUNDATION IS ORGANIZED AND OPERATED FOR THE BENEFIT AND SUPPORT OF ITS NOT-FOR-PROFIT SOLE CORPORATE MEMBER, JUDSON SERVICES, INC.(JSI) AND JSI'S NOT-FOR-PROFIT SUBSIDIARIES, JUDSON, JUDSON HOME CARE, AND SOUTH FRANKLIN CIRCLE. JUDSON FOUNDATION PARTNERS WITH INDIVIDUALS, FOUNDATIONS, AND ORGANIZATIONS TO ADVANCE JSI'S MISSION OF CREATING COMMUNITY FOR OLDER ADULTS. JUDSON FOUNDATION HELPS SUPPORT PROGRAMS AND SERVICES THAT CONTRIBUTE TO A VIBRANT AND POSITIVE ATMOSPHERE WITH NEW EXPERIENCES AND OPPORTUNITIES FOR THE OLDER ADULTS ITS RELATED 501(C)(3) ORGANIZATIONS SERVE.

    Expenses $789,143 · Grants $789,045 · Revenue $86,593

As filed on the 2024 return.

Listed in Part VII

  • Richard H Bamberger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Thomas G Brick

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Cynthia H Dunn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Samuel S Hartwell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2.25 related
  • Roger W Kallock

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gretchen S Larson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • The Very Rev Tracey Lind

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2.25 related
  • Bruce A Loessin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Thomas A Nobbe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3.25 related
  • John P Schneider

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Timothy Reynolds

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Nancy Sherwin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1.25 related
  • Stephen J Strnisha

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jay P Chip Auwerter

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2.25 related
  • Davis Young

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1.25 related
  • Rex G Mason

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 2.25 related
  • Kendra Urdzik

    PRESIDENT/CEO

    Total calculated
    $447,095
    From this org
    $0
    From related orgs
    $416,900
    Other
    $30,195
    Hours/week
    4 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $354,186 related
    Bonus
    $0 + $55,514 related
    Other
    $0 + $7,200 related
    Deferred
    $0 + $9,400 related
    Nontaxable benefits
    $0 + $20,795 related
    Filer's total
    $0 + $447,095 related
  • Brian Wassil

    VP FINANCE OF JSI/CFO (THRU 10/2024)

    Total calculated
    $252,198
    From this org
    $0
    From related orgs
    $242,359
    Other
    $9,839
    Hours/week
    4 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $221,859 related
    Bonus
    $0 + $20,500 related
    Other
    $0
    Deferred
    $0 + $9,700 related
    Nontaxable benefits
    $0 + $139 related
    Filer's total
    $0 + $252,198 related
  • Beth Embrescia

    VP - JUDSON FOUNDATION

    Total calculated
    $189,310
    From this org
    $166,593
    From related orgs
    $0
    Other
    $22,717
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,593
    Bonus
    $0
    Other
    $0
    Deferred
    $6,900
    Nontaxable benefits
    $15,817
    Filer's total
    $189,310
  • Kathy Janini

    DIR DONOR ENG&COMM&INTERIM VP

    Total calculated
    $117,021
    From this org
    $112,521
    From related orgs
    $0
    Other
    $4,500
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202513199349301776

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