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Organizations › The Roy Jorgensen Foundation INC
The Roy Jorgensen Foundation INC
TO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING COLLEGE DEGREES IN CIVIL ENGINEERING WITH THE AIM OF PROMOTING DESIGN EXCELLENCE IN HIGHWAY MAINTENANCE MANAGEMENT.
Source: IRS Form 990
Public Charity
501(c)(3)
NTEE T20
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Private Foundation
501(c)(3)
PO BOX 70, BUCKEYSTOWN, MD 21717
none
Financial Summary
2021$189K
Total Revenue
$521K
Total Assets
$25K
Grants Given
$0
Grants Received
$25K
To Domestic Orgs
$0
Salaries & Benefits
$189K
Net Investment Income
$3K
Excise Tax on Net Investment Income
Revenue sources:
$7K in investment income (dividends & interest).
The IRS requires private foundations to pay out a minimum amount each year. This foundation's required distribution was $26K; its qualifying distributions (grants plus charitable expenses) were $25K - 98% of the requirement.
1 Grants Given
2021SCHOLARSHIP AWARD$25K
| # | Organization | Location | Purpose | Amount |
|---|---|---|---|---|
| 1 | 1 RECIPIENT | BUCKEYSTOWN, MD 21717 | SCHOLARSHIP AWARD | $25K |
3 Key Officers & Employees
Total salaries, compensation & benefits: $0
| Title | Name | Avg Hrs / Week |
|---|---|---|
| PRESIDENT | JOHN S JORGENSEN | 1.00 |
| TREASURER | DOUGLAS SELBY | 1.00 |
| SECRETARY | JOHN S JORGENSEN JR | 1.00 |
Note: This is GrantWatch, Inc.'s proprietary format for displaying helpful data for grant writers, drawn from the IRS 990 annual reports.
Disclaimer: GrantWatch has no knowledge as to the accuracy of information presented on the IRS 990 reports. The information presented is for research purposes only and should not be copied or distributed.