JMC Innovation Scholars Inc

ROGERS, AR EIN: 87-1283884

JMC Innovation Scholars Inc is a private foundation focused on Human Services, based in ROGERS, AR. IRS filing data is available for 2021. As of 2021, the organization holds $26K in total assets.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$26K

Revenue

$27K

Net Investment Income

—

Expenses

$2K

Under IRS private-foundation payout rules, JMC Innovation Scholars Inc reported a distributable amount of $495 for 2021 — the minimum it must pay out in qualifying distributions.

About JMC Innovation Scholars Inc

Based on IRS filings

JMC Innovation Scholars Inc is a private foundation focused on Human Services, based in ROGERS, AR. IRS filing data is available for 2021. As of 2021, the organization holds $26K in total assets.

Focus Areas

Human Services

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021
Total Assets	$25,517
Revenue	$27,419
Expenses	$1,902
Qualifying Distributions	—
Net Investment Income	—
Distributable Amount	$495

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2021

Grant Size Distribution

0 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2021.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
Matt Kendall	Finance Chair	5	—
Melanie Carter	Chairwoman	10	—
Denise Martin	Secretary	5	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is JMC Innovation Scholars Inc?

JMC Innovation Scholars Inc is a nonprofit organization focused on Human Services, based in ROGERS, AR. It holds $26K in total assets as of 2021.

How large is JMC Innovation Scholars Inc?

As of 2021, JMC Innovation Scholars Inc holds $26K in total assets with $27K in annual revenue.

How much is JMC Innovation Scholars Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, JMC Innovation Scholars Inc reported a distributable amount of $495 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.