Form 990 for tax year 2022
Filed by JUNIOR LEAGUE OF JACKSON KEYSTONE FUND INC.
Totals
- Total revenue
- $1,594,743
- Total expenses
- $1,406,639
- Contributions and grants received
- $1,538,871
- Grants paid
- $1,391,663
- Program service revenue
- $0
- Investment income
- $55,872
- Other revenue
- $0
- Total assets, end of year
- $2,650,071
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,650,071
- Program services expenses (Part IX)
- $1,391,663
- Management and general expenses
- $14,976
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,391,663
Program services were 98.9% 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.
-
1d · Related organizations
$1,530,165
-
1f · All other contributions, gifts and grants
$8,706
-
3 · Investment income
total $61,248 · excluded $61,248
-
7a · Gross sales of assets other than inventory
securities $4,305,008
-
7b · Less cost or other basis and sales expenses
securities $4,310,384
-
7c · Gain or loss
securities -$5,376
-
7d · Net gain or loss
total -$5,376 · excluded -$5,376
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,391,663 · program services $1,391,663
-
11f · Fees: investment management
total $14,976 · management and general $14,976
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $13,655 · end of year $637,772
-
3 · Pledges and grants receivable
beginning of year $50,741 · end of year $74,152
-
11 · Investments: publicly traded securities
beginning of year $2,421,790 · end of year $1,938,147
-
27 · Net assets without donor restrictions
beginning of year $2,486,186 · end of year $2,650,071
Mission and programs · 2022
Mission
TO SECURE THE LONG-TERM FINANCIAL FUTURE OF THE JUNIOR LEAGUE OF JACKSON MS, INC. THE KEYSTONE FUND WILL HOLD AND INVEST FUNDS FOR THE BENEFIT OF THE LEAGUE AND DISTRIBUTE FUNDS THAT WILL BE USED TO SUPPORT THE LEAGUE IN MEETING ITS MISSION.
Activities or mission (Part I)
TO SECURE THE LONG-TERM FINANCIAL FUTURE OF THE JUNIOR LEAGUE OF JACKSON MS, INC.
-
THE KEYSTONE FUND ENSURES THAT PERMANENT FUNDING EXISTS TO SUPPORT THE WORK, PROJECTS AND INITIATIVES, AND MISSION OF THE LEAGUE. THE ULTIMATE OBJECTIVE IS TO GROW A FUND SO THAT IT WILL BE SUBSTANTIAL ENOUGH TO SUPPORT THE LEAGUE IN THE EVENT OF A DECLINE IN SPONSORSHIPS OR A SHORTFALL IN THE LEAGUE'S FUND DEVELOPMENT BUSINESSES. THE JUNIOR LEAGUE OF JACKSON HOPES TO STEADILY GROW THE KEYSTONE FUND THROUGH TAX-DEDUCTIBLE DONATIONS AND TAX-WISE PLANNED GIVING, INCLUDING GIFTS MADE TO THE KEYSTONE FUND THROUGH WILLS AND ESTATE PLANNING.
Expenses $1,391,663 · Grants $1,391,663
As filed on the 2022 return.
Listed in Part VII
-
Jeff WilsonJEFF WILSON
COMMUNITY TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Walter NeelyWALTER NEELY
COMMUNITY TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amanda GreenAMANDA GREEN
FUND DEVELOPMENT VICE PRES
- Total calculated
- $0
- Hours/week
- 5 + 20 related
-
Katie BrowningKATIE BROWNING
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Bethany SmithBETHANY SMITH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 20 related
-
Kaitlyn VassarKAITLYN VASSAR
PRESIDENT ELECT
- Total calculated
- $0
- Hours/week
- 1 + 20 related
-
Margaret CupplesMARGARET CUPPLES
SUSTAINER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Melanie MorganMELANIE MORGAN
SUSTAINER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tish HughesTISH HUGHES
SUSTAINER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Emily PoteEMILY POTE
TREASURER
- Total calculated
- $0
- Hours/week
- 5 + 20 related
-
Caitlin ForemanCAITLIN FOREMAN
TREASURER ELECT
- Total calculated
- $0
- Hours/week
- 1 + 20 related
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
-
THE JUNIOR LEAGUE OF JACKSON MS INC
$1,391,663
TO FULFILL OUR MISSION TO SUPPORT THE JUNIOR LEAGUE OF JACKSON.
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.
-
501(C)(3) · CONSIGNMENT GOODS · MS
-
THE JUNIOR LEAGUE OF JACKSON MS
501(C)(3) · TO PROMOTE VOLUNTEERISM · MS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421059349301022
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