STRATEGY STUDIO / PUBLIC DATA EXPLORER

JOYCE IVY FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
JOYCE IVY FOUNDATION (EIN 20-4008024)
Tax period
2020-09-01 to 2021-08-31
Filed
2022-05-11
IRS object ID
202221319349301912
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-11T08:34:00-05:00ReturnTs
Tax Period End2021-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN383388760PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1POLK AND ASSOCIATES PLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13135 S STATE ST STE 208AddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48108ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN204008024EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOYCE IVY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJOYCBusinessNameControlTxt
Phone7346610229PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2396AddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48106ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRITTANY KNIGHTPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7346610229PhoneNum
Signature2022-02-12SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBRITTANYPersonFirstNm
Person LastKNIGHTPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS R GAWNEPreparerPersonNm
PTINP01358273PTIN
Phone2486425700PhoneNum
Preparation2022-05-03PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRITTANY KNIGHTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2396AddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48106ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$682,869GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.JOYCEIVYFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateMILegalDomicileStateCd
Activity Or MissionTHE JOYCE IVY FOUNDATION (JIF) WAS ESTABLISHED TO PROVIDE EXPOSURE, ENCOURAGEMENT, COUNSEL, FINANCIAL ASSISTANCE AND EMPLOYMENT SUPPORT TO YOUNG WOMEN WHO HAVE THE ACADEMIC, INTELLECTUAL, AND LEADERSHIP POTENTIAL TO ATTEND THE NATION'S MOST SELECTIVE INSTITUTIONS OF HIGHER EDUCATION. JIF HAS A PROGRAM OF PARTNERING WITH LEADING PRESTIGIOUS UNIVERSITIES TO PROVIDE MATCHING GRANTS AND OTHER SCHOLARSHIPS FOR SUMMER PROGRAMS TO THE SCHOLARS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers75TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$314,801PYContributionsGrantsAmt
CY Contributions Grants$396,551CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$196PYInvestmentIncomeAmt
CY Investment Income$15,923CYInvestmentIncomeAmt
PY Other Revenue$270PYOtherRevenueAmt
CY Other Revenue$20,395CYOtherRevenueAmt
PY Total Revenue$315,267PYTotalRevenueAmt
CY Total Revenue$432,869CYTotalRevenueAmt
PY Grants And Similar Paid$78,922PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$143,411CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$115,510PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$139,247CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$66,197CYTotalFundraisingExpenseAmt
PY Other Expenses$52,138PYOtherExpensesAmt
CY Other Expenses$67,979CYOtherExpensesAmt
PY Total Expenses$246,570PYTotalExpensesAmt
CY Total Expenses$350,637CYTotalExpensesAmt
PY Revenues Less Expenses$68,697PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$82,232CYRevenuesLessExpensesAmt
Total Assets BOY$286,086TotalAssetsBOYAmt
Total Assets EOY$366,029TotalAssetsEOYAmt
Total Liabilities BOY$23,691TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,078TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$262,395NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$361,951NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE JOYCE IVY FOUNDATION (JIF) WAS ESTABLISHED TO PROVIDE EXPOSURE, ENCOURAGEMENT, COUNSEL, FINANCIAL ASSISTANCE AND EMPLOYMENT SUPPORT TO YOUNG WOMEN WHO HAVE THE ACADEMIC, INTELLECTUAL, AND LEADERSHIP POTENTIAL TO ATTEND THE NATION'S MOST SELECTIVE INSTITUTIONS OF HIGHER EDUCATION. JIF HAS A PROGRAM OF PARTNERING WITH LEADING PRESTIGIOUS UNIVERSITIES TO PROVIDE MATCHING GRANTS AND OTHER SCHOLARSHIPS FOR SUMMER PROGRAMS TO THE SCHOLARS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$218,437ExpenseAmt
Grant$143,411GrantAmt
DescSCHOLARSHIPS WERE AWARDED TO 77 HIGH-SCHOOL AGED WOMEN TO ATTEND SUMMER PROGRAMS AT LEADING INSTITUTIONS OF HIGHER EDUCATION (BARNARD, BROWN UNIVERSITY, CORNELL UNIVERSITY, EMORY UNIVERSITY, HARVARD UNIVERSITY, JOHNS HOPKINS UNIVERSITY, MASSACHUSETTS INSTITUTE OF TECHNOLOGY, SMITH, UNIVERSITY OF CHICAGO, WASHINGTON UNIVERSITY, AND YALE UNIVERSITY). GRANTS INCLUDED FUNDS FOR TUITION, ROOM, BOARD, TRAVEL AND SUNDRY EXPENSES. THE FOUNDATION ALSO HELPED ARRANGE ADDITIONAL FINANCIAL AID OF APPROXIMATELY 110,000 FOR ITS SCHOLARS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$33,942ExpenseAmt
DescTHE FOUNDATION HELD A SERIES OF VIRTUAL PROGRAMMING FOR OUR SCHOLARS AND OTHER INTERESTED PARTIES. WE CONDUCTED 11 SUCH PROGRAMS PRIOR TO AUGUST 2021, ON TOPICS RANGING FROM FINANCING YOUR EDUCATION TO FORMING YOUR COLLEGE LIST AND ADVOCATING FOR YOURSELF IN THE COLLEGE APPLICATION PROCESS. IN ALL, THESE PROGRAMS WERE ATTENDED BY OVER 300 PARTICIPANTS AND RECEIVED CONSISTENTLY RAVE REVIEWS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$252,379TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGREGORY C LEWISPersonNm
Phone3134109598PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12023 DAY STAddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48104ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
BRITTANY KNIGHT
EXECUTIVE DI40.00Yes (X)$66,475$0$0
ALLISON JEGLA
SENIOR VP40.00Yes (X)$59,000$0$0
GREG LEWIS
TREASURERYes (X)$0$0$0Yes (X)
AUDREY DIMARZO
SECRETARYYes (X)$0$0$0Yes (X)
S CAROLINE KERR
CHAIR OF THEYes (X)$0$0$0Yes (X)
VALERIE BRADER
VICE CHAIRYes (X)$0$0$0Yes (X)
CHRIS BALDUINO
CIOYes (X)$0$0$0
MIKE PRITULA
DIRECTOR$0$0$0Yes (X)
EMILY TAYLOR
DIRECTOR$0$0$0Yes (X)
ERICH BAGEN
DIRECTOR$0$0$0Yes (X)
MARY JO DAWSON
DIRECTOR$0$0$0Yes (X)
KIM EASTER
DIRECTOR$0$0$0Yes (X)
SHEILA TRAUTNER
DIRECTOR$0$0$0Yes (X)
FRED BLANCK
DIRECTOR$0$0$0Yes (X)
ALLYSON CARPENTER
DIRECTOR$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$125,475TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$396,551AllOtherContributionsAmt
Noncash Contributions$250,000NoncashContributionsAmt
Total Contributions$396,551TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,109TotalRevenueColumnAmt
Exclusion$2,109ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$257,973SecuritiesAmt
Other$5,841OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$250,000SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,973SecuritiesAmt
Other$5,841OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,814TotalRevenueColumnAmt
Related Or Exempt Func Income$7,973RelatedOrExemptFuncIncomeAmt
Exclusion$5,841ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescPPP LOAN FORGIVENESSDesc
Total Revenue Column$20,395TotalRevenueColumnAmt
Exclusion$20,395ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$20,395OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$432,869TotalRevenueColumnAmt
Related Or Exempt Func Income$7,973RelatedOrExemptFuncIncomeAmt
Exclusion$28,345ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$143,411TotalAmt
Program Services$143,411ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$125,476TotalAmt
Program Services$92,238ProgramServicesAmt
Management And General$6,648ManagementAndGeneralAmt
Fundraising$26,590FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,819TotalAmt
Program Services$3,819ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,952TotalAmt
Program Services$7,300ProgramServicesAmt
Management And General$530ManagementAndGeneralAmt
Fundraising$2,122FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$20TotalAmt
Management And General$20ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,900TotalAmt
Management And General$14,900ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,747TotalAmt
Program Services$5,386ProgramServicesAmt
Management And General$8,210ManagementAndGeneralAmt
Fundraising$20,151FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$17,149TotalAmt
Fundraising$17,149FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$560TotalAmt
Program Services$375ProgramServicesAmt
Fundraising$185FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,753TotalAmt
Management And General$1,753ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescCOLLEGE BOARD & ACT FEESDesc
Total-$150TotalAmt
Program Services-$150ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$350,637TotalAmt
Program Services$252,379ProgramServicesAmt
Management And General$32,061ManagementAndGeneralAmt
Fundraising$66,197FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$22,671BOYAmt
EOY$34,372EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$166,206BOYAmt
EOY$209,221EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$97,209BOYAmt
EOY$122,436EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$286,086BOYAmt
EOY$366,029EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,296BOYAmt
EOY$4,078EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,395BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,691BOYAmt
EOY$4,078EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$262,395BOYAmt
EOY$361,951EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$262,395BOYAmt
EOY$361,951EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$286,086BOYAmt
EOY$366,029EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$82,232ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$17,324NetUnrlzdGainsLossesInvstAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$372,242CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$520,703CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$466,919CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$314,801CurrentTaxYearMinus1YearAmt
Current Tax Year$396,551CurrentTaxYearAmt
Total$2,071,216TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$372,242CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$520,703CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$466,919CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$314,801CurrentTaxYearMinus1YearAmt
Current Tax Year$396,551CurrentTaxYearAmt
Total$2,071,216TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,485,005SubstantialContributorsTotAmt
Public Support Total170$586,211PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$2,109CurrentTaxYearAmt
Total$2,109TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$20,395CurrentTaxYearAmt
Total$20,395TotalAmt
FieldValueIRS element (for citing)
Total Support$2,093,720TotalSupportAmt
Gross Receipts Rltd Activities$12,406GrossReceiptsRltdActivitiesAmt
Public Support CY1700.28000PublicSupportCY170Pct
Public Support PY1700.28170PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestTHE JOYCE IVY FOUNDATION (JIF) WAS ESTABLISHED TO ASSIST YOUNG WOMEN IN THEIR PURSUIT OF HIGHER EDUCATION OPPORTUNITIES. AS A NON-PROFIT ORGANIZATION, JIF IS DEDICATED TO THE ACADEMIC ADVANCEMENT OF YOUNG WOMEN IN THE MIDWEST. WE MAINTAIN A BONA FIDE PROGRAM OF SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC, COMMUNITY, PUBLIC CHARITIES, AND EDUCATIONAL INSTITUTIONS - SOME OF WHICH IS NOT ADEQUATELY REPRESENTED IN OUR NUMBERS - AS EVIDENCED BY: A) WE CONTINUALLY SOLICIT DONATIONS ON OUR WEBSITE WWW.JOYCEIVYFOUNDATION.ORG. B) WE HAVE AN ACTIVE AND GROWING ALUMNAE COMMUNITY WHO ARE INCREASING IN THEIR IMPORTANCE AS DONORS. C) WE HOLD AN ANNUAL GALA EVENT TO HONOR OUR JIF SCHOLARS FOR WHICH WE SOLICIT INDIVIDUAL AND CORPORATE SPONSORSHIPS. WE HAVE RAISED SUPPORT FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS, INCLUDING AF GROUP, COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN, POLARIS, MCKINSEY & CO, PLANTE MORAN, CERITY PARTNERS, AND RIVENOAK LAW. D) MOST IMPORTANTLY, WE HAVE A PROGRAM OF PARTNERING WITH LEADING PRESTIGIOUS UNIVERSITIES TO PROVIDE MATCHING GRANTS AND OTHER SCHOLARSHIPS TO OUR JIF SCHOLARS. THESE AWARDS FLOW DIRECTLY TO OUR GRANT RECIPIENTS AND THEREFORE ARE NOT INCLUDED IN OUR INCOME. WE CURRENTLY HAVE RELATIONSHIPS WITH BARNARD, BROWN UNIVERSITY, CORNELL, HARVARD UNIVERSITY, JOHNS HOPKINS UNIVERSITY, YALE, AND EMORY, AMONG OTHERS. WE ALSO PARTNER OPERATIONALLY AND FINANCIALLY WITH UNIVERSITY PREP CHARTER SCHOOLS, MINDS MATTER CLEVELAND, MINDS MATTER TWIN CITIES, AND MINDS MATTER DETROIT ORGANIZATIONS WITH A MISSION SIMILAR TO OURS, TO EXTEND OUR REACH TO ADDITIONAL STUDENTS. OVER THE PAST FIVE YEARS THESE ADDITIONAL PARTNERS' SCHOLARSHIPS HAVE TOTALED APPROXIMATELY 868,000 - NEARLY 50% OF THE COMBINED FUNDS RECEIVED BY OUR SCHOLARS. THIS AMOUNT HAS GROWN OVER TIME, INCREASING FROM 40% TO 50%. WE EXPECT IT TO REMAIN IN THE 40-50% RANGE FOR THE FORESEEABLE FUTURE.FactsAndCircumstancesTestTxt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 17AFormAndLineReferenceDesc
ExplanationTHE JOYCE IVY FOUNDATION (JIF) WAS ESTABLISHED TO ASSIST YOUNG WOMEN IN THEIR PURSUIT OF HIGHER EDUCATION OPPORTUNITIES. AS A NON-PROFIT ORGANIZATION, JIF IS DEDICATED TO THE ACADEMIC ADVANCEMENT OF YOUNG WOMEN IN THE MIDWEST. WE MAINTAIN A BONA FIDE PROGRAM OF SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC, COMMUNITY, PUBLIC CHARITIES, AND EDUCATIONAL INSTITUTIONS - SOME OF WHICH IS NOT ADEQUATELY REPRESENTED IN OUR NUMBERS - AS EVIDENCED BY: A) WE CONTINUALLY SOLICIT DONATIONS ON OUR WEBSITE WWW.JOYCEIVYFOUNDATION.ORG. B) WE HAVE AN ACTIVE AND GROWING ALUMNAE COMMUNITY WHO ARE INCREASING IN THEIR IMPORTANCE AS DONORS. C) WE HOLD AN ANNUAL GALA EVENT TO HONOR OUR JIF SCHOLARS FOR WHICH WE SOLICIT INDIVIDUAL AND CORPORATE SPONSORSHIPS. WE HAVE RAISED SUPPORT FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS, INCLUDING AF GROUP, COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN, POLARIS, MCKINSEY & CO, PLANTE MORAN, CERITY PARTNERS, AND RIVENOAK LAW. D) MOST IMPORTANTLY, WE HAVE A PROGRAM OF PARTNERING WITH LEADING PRESTIGIOUS UNIVERSITIES TO PROVIDE MATCHING GRANTS AND OTHER SCHOLARSHIPS TO OUR JIF SCHOLARS. THESE AWARDS FLOW DIRECTLY TO OUR GRANT RECIPIENTS AND THEREFORE ARE NOT INCLUDED IN OUR INCOME. WE CURRENTLY HAVE RELATIONSHIPS WITH BARNARD, BROWN UNIVERSITY, CORNELL, HARVARD UNIVERSITY, JOHNS HOPKINS UNIVERSITY, YALE, AND EMORY, AMONG OTHERS. WE ALSO PARTNER OPERATIONALLY AND FINANCIALLY WITH UNIVERSITY PREP CHARTER SCHOOLS, MINDS MATTER CLEVELAND, MINDS MATTER TWIN CITIES, AND MINDS MATTER DETROIT ORGANIZATIONS WITH A MISSION SIMILAR TO OURS, TO EXTEND OUR REACH TO ADDITIONAL STUDENTS. OVER THE PAST FIVE YEARS THESE ADDITIONAL PARTNERS' SCHOLARSHIPS HAVE TOTALED APPROXIMATELY 868,000 - NEARLY 50% OF THE COMBINED FUNDS RECEIVED BY OUR SCHOLARS. THIS AMOUNT HAS GROWN OVER TIME, INCREASING FROM 40% TO 50%. WE EXPECT IT TO REMAIN IN THE 40-50% RANGE FOR THE FORESEEABLE FUTURE.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION, ROOM & BOARDGrantTypeTxt
Recipient77RecipientCnt
Cash Grant$143,411CashGrantAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 4, PART IVFormAndLineReferenceDesc
ExplanationPART I, LINE 2 IN GENERAL, OUR SCHOLARSHIPS ARE PAID DIRECLTY TO SUMMER SCHOOL PROGRAMS AT OUR SPONSOR UNIVERSITIES. WE COORDINATE WITH THOSE INSTITUTIONS TO ENSURE ENROLLMENT AND ATTENDANCE BY OUR SCHOLARSHIPS FOR SUMMER PROGRAMS TO THE SCHOLARS. PART III, LINE 1 IN 2021, SCHOLARSHIPS WERE PAID TO BROWN UNIVERSITY, CORNELL UNIVERSITY, HARVARD UNIVERSITY, JOHNS HOPKINS UNIVERSITY, SMITH COLLEGE, AND YALE. IN ADDITION TO TUITION, THE SCHOLARSHIPS PROVIDE FUNDS TO THE SCHOLARS TO COVER BOOKS, TRAVEL, ROOM AND BOARD.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$250,000NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE JOYCE IVY FOUNDATION (JIF) WAS ESTABLISHED TO PROVIDE EXPOSURE, ENCOURAGEMENT, COUNSEL, FINANCIAL ASSISTANCE AND EMPLOYMENT SUPPORT TO YOUNG WOMEN WHO HAVE THE ACADEMIC, INTELLECTUAL, AND LEADERSHIP POTENTIAL TO ATTEND THE NATION'S MOST SELECTIVE INSTITUTIONS OF HIGHER EDUCATION. JIF HAS A PROGRAM OF PARTNERING WITH LEADING PRESTIGIOUS UNIVERSITIES TO PROVIDE MATCHING GRANTS AND OTHER SCHOLARSHIPS FOR SUMMER PROGRAMS TO THE SCHOLARS.
FORM 990, PAGE 6, PART VI, LINE 11BA PRELIMINARY DRAFT OF FORM 990 AND RELATED SCHEDULES IS CIRCULATED TO THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS FOR REVIEW. INPUT IS GATHERED AND ANY RECOMMENDATIONS ARE MADE PRIOR TO SUBMISSION.
FORM 990, PAGE 6, PART VI, LINE 15ACOMPENSATION COMPARABILITY DATA FOR THE EXECUTIVE DIRECTOR WERE GATHERED FROM PUBLICLY FILED FORMS 990 FOR NON-PROFIT ORGANIZATIONS OF A SIMILAR SIZE. THESE DATA WERE REVIEWED BY THE BOARD BEFORE MAKING A SALARY DETERMINATION.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.