THE JCPENNEY FOUNDATION

As filed

Subsection

03

NTEE code

P122

Classification

1000

Street

6501 LEGACY DRIVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE JCPENNEY FOUNDATION ("THE FOUNDATION") WAS ESTABLISHED ON OCTOBER 15, 2001 TO PROVIDE CHILDREN WITH HIGH QUALITY, AFFORDABLE AFTER-SCHOOL PROGRAMS TO HELP THEM REACH THEIR FULL POTENTIAL. THROUGH COLLABORATION, FUNDING, AND VOLUNTEER SUPPORT, THE FOUNDATION WORKED WITH NATIONAL PROVIDERS OF AFTER-SCHOOL CARE TO RAISE AWARENESS OF THE NEED FOR AFTER-SCHOOL PROGRAMS. THE FOUNDATION IS CURRENTLY ORGANIZED AND OPERATED TO CELEBRATE AND SERVE AMERICA'S DIVERSE, WORKING FAMILIES TODAY BY OFFERING ACCESS TO SKILL-BUILDING AND RESOURCES THAT ALLOW EVERYONE TO THRIVE. TO MEET THIS GOAL, THE FOUNDATION INVESTS IN LEADING NONPROFITS MAKING STRIDES IN THREE CRITICAL AREAS: JOB READINESS, HEALTH & WELL BEING AND INCLUSIVE ACCESS TO EDUCATION.

  Expenses $1,271,916 · Grants $1,242,868

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $2,586,299

  Expenses

  $1,437,851

  Contributions

  $2,421,001

  Grants paid

  $1,242,868

• 2023

  Revenue

  $1,472,253

  Expenses

  $1,366,349

  Contributions

  $1,419,114

  Grants paid

  $1,196,615

• 2022

  Revenue

  $1,255,628

  Expenses

  $983,377

  Contributions

  $1,243,567

  Grants paid

  $778,125

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $958,516

  Expenses

  $1,574,078

  Assets (EOY)

  $2,810,788

• 2020 · 990

  Revenue

  $895,693

  Expenses

  $1,730,027

  Assets (EOY)

  $3,355,340

• 2019 · 990

  Revenue

  $1,611,105

  Expenses

  $1,504,590

  Assets (EOY)

  $4,242,245

• 2019 · 990

  Revenue

  $1,542,411

  Expenses

  $1,406,478

  Assets (EOY)

  $4,209,229

• 2018 · 990

  Revenue

  $2,006,968

  Expenses

  $2,757,159

  Assets (EOY)

  $4,252,417

• 2017 · 990

  Revenue

  $4,878,003

  Expenses

  $1,954,100

  Assets (EOY)

  $5,058,724

• 2015 · 990

  Revenue

  $4,066,785

  Expenses

  $3,392,812

  Assets (EOY)

  $2,964,439

• 2014 · 990

  Revenue

  $2,673,381

  Expenses

  $2,323,580

  Assets (EOY)

  $1,357,463

• 2013 · 990

  Revenue

  $702,119

  Expenses

  $484,171

  Assets (EOY)

  $1,007,662

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $5,621,882

  Assets (EOY)

  $789,714

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• FEEDING AMERICA

  $175,000

  2024 · THIS DONATION IS TO SUPPORT FEEDING AMERICA'S CHILD HUNGER PROGRAMMING.

• ALLIANCE FOR A HEALTHIER GENERATION

  $100,000

  2023 · THIS DONATION SUPPORTS THE WALKING CLASSROOM A PROGRAM FOR STUDENTS THAT OFFERS EDUCATIONAL INSTRUCTION, SOCIAL EMOTIONAL LEARNING CONTENT AND IN-CLASS MOBILITY.

• FEEDING AMERICA

  $100,000

  2023 · THE DESIGNATION OF THIS DONATION IS TO SUPPORT FEEDING AMERICA'S CHILD HUNGER PROGRAMMING

• NATIONAL PAN-HELLINIC COUNCIL FOUNDATION

  $100,000

  2023 · THIS DONATION SUPPORTS NATIONAL PAN-HELLENIC COUNCIL (NPHC) SCHOLARSHIP FUND, WHICH SUPPORTS UNDERGRADUATE STUDENTS WHO ARE MEMBERS OF THESE NPHC SORORITIES AND FRATERNITIES, HELPING TO EASE THE FINANCIAL BURDEN OF OBTAINING A COLLEGE EDUCATION

• BOYS GIRLS CLUBS OF AMERICA

  $81,000

  2022 · A JCPENNEY STORE GENERAL MANAGER OR DISTRICT MANAGER SELECTS A LOCAL NONPROFIT PARTNER TO RECEIVE A LEADER GRANT.

• MENTAL HEALTH AMERICA

  $50,000

  2022 · THIS DONATION SUPPORTS YOUTH MENTAL HEALTH LEADERS PROGRAMMING FROM SEPTEMBER 1, 2022 JULY 31, 2023.

• SIMON YOUTH FOUNDATION

  $25,000

  2023 · THIS DONATION SUPPORTS THE SIMON YOUTH ACADEMY PROGRAMMING PROVIDING INCLUSIVE ACCESS TO EDUCATION FOR AT-RISK YOUTH.

• EMERGENCY ASSISTANCE FOUNDATION

  $22,300

  2024 · TO PROVIDE GRANTS TO ASSOCIATES IN NEED.

• HOUSTON FOOD BANK

  $20,000

  2024 · FOOD NEEDS OF THE HOUSTON COMMUNITY IN THE AFTERMATH OF HURRICANE BERYL.

• THE NEW YORK PUBLIC LIBRARY

  $20,000

  2023 · THIS DONATION SUPPORTS THE WORK JCPENNEY HOMESTEAD INC. DOES TO CONTINUE MR. PENNEY'S LEGACY BY SUPPORTING THE OPERATION AND MAINTENANCE OF THE JAMES CASH PENNEY HOMESTEAD AND MUSEUM.

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• CHARITIES AID FOUNDATION AMERICA

  $32,105

  2022 · CHARITABLE DONATION

• CHARITIES AID FOUNDATION AMERICA

  $32,067

  2024 · CHARITABLE DONATION

• CHARITIES AID FOUNDATION AMERICA

  $29,090

  2023 · CHARITABLE DONATION

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files