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The Jcpenney Foundation

The Jcpenney Communities Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752966166 ✦ Plano, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Jcpenney Foundation?

The Jcpenney Foundation, established in 2001, is a nonprofit organization based in Plano, Texas. Initially, its focus was on providing affordable, high-quality after-school programs for children to help them reach their full potential. Over time, the foundation's mission has evolved to celebrate and serve diverse, working families by offering access to skill-building and resources that empower everyone to thrive. To achieve this goal, The Jcpenney Foundation invests in leading nonprofits making strides in three critical areas: job readiness, health and well-being, and inclusive access to education. By raising public awareness and supporting charitable programs, the foundation continues its mission to support America's working families.


Official website here: www.jcpenney.com

Is The Jcpenney Foundation legitimate?

The Jcpenney Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jcpenney Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jcpenney.com

What is the mission statement of The Jcpenney Foundation?

The Jcpenney Foundation's mission is centered around supporting diverse, working families in the United States. It aims to provide access to skill-building and resources that empower everyone to thrive. Established in 2001, the foundation initially focused on providing high-quality, affordable after-school programs for children. Currently, it continues its mission by investing in leading nonprofit organizations that are making significant strides in three critical areas: job readiness, health and well-being, and inclusive access to education. The foundation's activities are geared towards celebrating and serving these families, recognizing their importance and contributing to their overall success.


Official website here: www.jcpenney.com

What is the revenue of The Jcpenney Foundation?

The Jcpenney Foundation's revenue in 2023 was $1,472,253.


Official website here: www.jcpenney.com

Who are the executives of The Jcpenney Foundation and what are their salaries?

There 18 volunteers at The Jcpenney Foundation.

Here are 12 key members and their salaries:


Andre Joyner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Buchanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mcghee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Santana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Milano Start 082023 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Duennes Start 082023 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Tessarostart 082023 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Wolverton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Sing (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Massimi (Vice President, Tax Matters)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany White (Vice President And Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ayesha Hurst (Assistant Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jcpenney.com

Where can I find the form 990 for The Jcpenney Foundation?

The Jcpenney Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.jcpenney.com

Learn more at the official website: www.jcpenney.com

Mission Statement of The Jcpenney Foundation

The Jcpenney Foundation, established in 2001, aims to raise public awareness of and support charitable programs. Its mission is centered around empowering diverse, working families by providing them with access to skill-building and resources that enable everyone to thrive. The foundation's objectives are multifaceted, focusing on job readiness, health and well-being, and inclusive access to education.

To achieve this mission, The Jcpenney Foundation invests in leading nonprofits that are making significant strides in these critical areas. By collaborating, funding, and offering volunteer support, the foundation works towards raising awareness of the importance of these programs and maintaining and increasing their availability. The ultimate goal is to ensure that children and families can harness their potential and lead fulfilling lives. The foundation's commitment extends beyond after-school programs, as it now celebrates and serves America's diverse, working families in various ways, offering resources to help individuals thrive.

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Impact




October, 2024

The Jcpenney Foundation significantly impacts the lives of children and families by raising awareness and providing support for essential after-school programs. Established to enhance access to high-quality, affordable after-school activities, the foundation partners with national providers to expand available options, ensuring children can develop their skills and reach their full potential.

By focusing on job readiness, health and well-being, and inclusive access to education, the foundation directly contributes to the empowerment of America’s diverse, working families. Its initiatives help create more opportunities for skill-building and access to resources, enabling families to thrive in their communities. This collaborative approach not only fosters individual growth among children but also strengthens the fabric of society by supporting families in meaningful ways.




This information is meant to be a general summary of The Jcpenney Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,472,253 (2023)
Expenses
$1,366,349 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $53,139
  • Gross Receipts: $1,472,253

Assets and Liabilities:

  • Total Assets: $3,199,674
  • Total Liabilities: $78,660
  • Net Assets: $3,121,014

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Organization Details

Founding Year

2001

Principal Officer

Michelle Sing

NTEE Category

Code: P122 - Human services

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