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Nonprofiteer
← JACKS CORNER FOUNDATION INC

Form 990 for tax year 2025

Filed by JACKS CORNER FOUNDATION INC.

Totals

Total revenue
$1,547,111
Total expenses
$2,259,826
Contributions and grants received
$1,544,925
Grants paid
$2,249,574
Program service revenue
$0
Investment income
$0
Other revenue
$2,186
Total assets, end of year
$133,920
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$133,920
Program services expenses (Part IX)
$2,249,574
Management and general expenses
$10,252
Fundraising expenses
$0
Program service expenses (Part III)
$2,249,574

Program services were 99.5% 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.

  • 1e · Government grants (contributions)

    $202,675

  • 1f · All other contributions, gifts and grants

    $1,342,250

  • 1g · Noncash contributions included above

    $486,500

  • 11a · Other revenue: MERCHANDISE SALES & MISC

    total $2,186 · related or exempt $2,186

  • 11e · Other revenue, total

    $2,186

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,249,574 · program services $2,249,574

  • 11a · Fees: management

    total $9,992 · management and general $9,992

  • 11b · Fees: legal

    total $260 · management and general $260

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $846,635 · end of year $133,920

  • 27 · Net assets without donor restrictions

    beginning of year $846,635 · end of year $133,920

Mission and programs · 2025

Mission

TO RAISE FUNDS TO HELP WITH THE COSTS OF INDIVIDUALS WITH A ULTR RARE GENETIC DISEASE CALLED SPG50. SPG50 IS A DEGENERATIVE , SLOWLY TAKING AWAY CHILDREN'S ABILITY TO WALK AND USE THEIR HANDS , AND EVENTUALLY THEIR MENTAL CAPACITY. THE FUNDS RAISED WILL BE USED FOR GENE THERAPY TREATMENT FOR CHILDREN WITH SPG50.

  • TO RAISE FUNDS TO HELP WITH THE COSTS OF INDIVIDUALS WITH A ULTR RARE GENETIC DISEASE CALLED SPG50. SPG50 IS A DEGENERATIVE SLOWLY TAKING AWAY CHILDREN'S ABILITY TO WALK AND USE THEIR HANDS AND EVENTUALLY THEIR MENTAL CAPACITY. THE GOAL OF THIS CHARITY WAS TO RAISE ENOUGH FUNDS TO SUPPORT THE GENE THERAPY TO TREAT SPG50. THE FDA APPROVED A CLINICAL TRIAL FOR THAT GENE THERAPHY IN THE US IN AUGUST OF 2022.

    Expenses $2,249,574 · Grants $2,249,574

  • TO RAISE FUNDS TO HELP WITH THE COSTS OF INDIVIDUALS WITH A ULTR RARE GENETIC DISEASE CALLED SPG50. SPG50 IS A DEGENERATIVE SLOWLY TAKING AWAY CHILDREN'S ABILITY TO WALK AND USE THEIR HANDS AND EVENTUALLY THEIR MENTAL CAPACITY. THE GOAL OF THIS CHARITY WAS TO RAISE ENOUGH FUNDS TO SUPPORT THE GENE THERAPY TO TREAT SPG50. THE FDA APPROVED A CLINICAL TRIAL FOR THAT GENE THERAPHY IN THE US IN AUGUST OF 2022.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Devin Dwyer

    SECRETARY

    Total calculated
    $0
  • Michael J Dwyer

    PRESIDENT

    Total calculated
    $0
  • Adam Rafsky

    TREASURER

    Total calculated
    $0

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2025
Filed
21 September 2026
IRS schema version
2025v4.0
Source object
202602649349300130

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