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Jennett Family Foundation Inc. is a private corporation based in VALDOSTA, GA. The foundation received its IRS ruling in 2022. The principal officer is Jerry J Jennett. It holds total assets of $2.8M. Annual income is reported at $1.9M. Total assets have grown from $750K in 2022 to $1.5M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Jennett Family Foundation Inc. has made 1 grants totaling $50K, with a median grant of $50K. Grant recipients are concentrated in Georgia. 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.
Jennett Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in GA.
Jennett Family Foundation Inc. has distributed a total of $50K across 1 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $50K to $50K.
Jennett Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jennett Family Foundation Inc. is headquartered in VALDOSTA, GA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerry Jennett | PRESIDENT | $0 | $0 | N/A |
| Kay Jennett | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$50K
Contributions
$750K
Net Investment Income
$22K
Distribution Amount
$47K
Total: $1.4M
Total Grants
1
Total Giving
$50K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
1
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scintilla Charter AcademyTO PROMOTE LOCAL EDUCATIONAL OPPORTUNITIES FOR CHILDREN | Valdosta, GA | $50K | 2023 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA