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Jaka Foundation is a private trust based in LEHI, UT. The foundation received its IRS ruling in 2021. The principal officer is Jeremy B Hanks. It holds total assets of $1.9M. Annual income is reported at $1.1M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Jaka Foundation has made 6 grants totaling $268K, with a median grant of $50K. Annual giving has grown from $60K in 2021 to $208K in 2022. Individual grants have ranged from $8K to $75K, with an average award of $45K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Utah, Idaho, Alaska, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jaka Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in UT, ID, AK.
Jaka Foundation has distributed a total of $268K across 6 grants. The median grant size is $50K, with an average of $45K. Individual grants have ranged from $8K to $75K.
Jaka Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jaka Foundation is headquartered in LEHI, UT. While based in UT, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeremy B Hanks | President | $0 | $0 | N/A |
| Amy B Hanks | Vice President | $0 | $0 | N/A |
Total Giving
$159K
Total Assets
$2.1M
Fair Market Value
$2.3M
Net Worth
$2.1M
Grants Paid
$154K
Contributions
N/A
Net Investment Income
$37K
Distribution Amount
$104K
Total: N/A
Total Grants
6
Total Giving
$268K
Average Grant
$45K
Median Grant
$50K
Unique Recipients
5
Most Common Grant
$75K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hawkwatch InternationalGENERAL PURPOSE DONATIONS | Salt Lake City, UT | $75K | 2022 |
| The Peregrine FundGENERAL PURPOSE DONATIONS | Boise, ID | $75K | 2022 |
| Utah Shakespeare FestivalGENERAL PURPOSE DONATIONS | Cedar City, UT | $50K | 2022 |
| Sustainable Markets FoundationGENERAL PURPOSE DONATIONS | New York, NY | $8K | 2022 |
| Southeast Alaska Land TrustGENERAL PURPOSE DONATIONS | Juneau, AK | $10K | 2021 |