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Also known as: C/O JAD CONSULTING LLC
Janice Michelle Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1999. The principal officer is % Jad Consulting LLC. It holds total assets of $2.4M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Janice Michelle Foundation Inc. has made 4 grants totaling $311K, with a median grant of $84K. Annual giving has grown from $44K in 2021 to $99K in 2023. Grantmaking activity was highest in 2022 with $168K distributed across 2 grants. Individual grants have ranged from $44K to $99K, with an average award of $78K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Janice Michelle Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Janice Michelle Foundation Inc. has distributed a total of $311K across 4 grants. The median grant size is $84K, with an average of $78K. Individual grants have ranged from $44K to $99K.
Janice Michelle Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Janice Michelle Foundation Inc. is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fotios Varsam | VICE PRESIDENT | $0 | $0 | $0 |
| George Varsam | PRESIDENT/TREASURER | $0 | $0 | $0 |
| Alex Zawoloka | VICE PRESIDENT | $0 | $0 | $0 |
| Lori Varsam | VICE PRES/SECRETARY | $0 | $0 | $0 |
Total Giving
$110K
Total Assets
$2.2M
Fair Market Value
$2.2M
Net Worth
$2.2M
Grants Paid
$99K
Contributions
$150K
Net Investment Income
$31K
Distribution Amount
$108K
Total Grants
4
Total Giving
$311K
Average Grant
$78K
Median Grant
$84K
Unique Recipients
2
Most Common Grant
$84K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule 3THE PURPOSE OF THE CONTRIBUTIONS PAID IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | New York, NY | $99K | 2023 |
| See Schedule 2THE PURPOSE OF THE CONTRIBUTIONS PAID IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | New York, NY | $84K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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