2025-10-03T17:45:54-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2024-01-01 205036346 JON BON JOVI SOUL FOUNDATION JONB 2156360420 1600 MARKET STREET 2600 PHILADELPHIA PA 19103 LEO CARLIN JR PRESIDENT 2156360421 2025-09-30 1 0 WILLIAM A LOUGHERY P01603932 2156433900 2025-09-30 2024 2025-03-06 01:10:19Z LEO CARLIN JR 1600 MARKET STREET 2600 PHILADELPHIA PA 19103 2334443 0 X WWW.JBJSOULFOUNDATION.ORG X 2006 PA BREAKING THE CYCLE OF POVERTY, HOMELESSNESS, AND HUNGER IN COMMUNITIES ACROSS AMERICA. 7 7 19 5811 0 0 1234596 1145508 424459 475267 45626 90973 0 0 1704681 1711748 80250 100469 0 0 944831 1039342 0 0 96447 703124 724737 1728205 1864548 -23524 -152800 2944719 3130605 110087 298990 2834632 2831615 X THE MISSION IS TO BREAK THE CYCLE OF POVERTY, HUNGER AND HOMELESSNESS THROUGH DEVELOPING PARTNERSHIPS, CREATING PROGRAMS AND PROVIDING GRANT FUNDING TO SUPPORT INNOVATIVE COMMUNITY BENEFIT ORGANIZATIONS. 0 0 1491426 0 475267 IN OCTOBER 2011, THE FOUNDATION OPENED ITS FIRST JBJ SOUL KITCHEN IN RED BANK, NEW JERSEY, TO ADDRESS LOCAL ISSUES OF FOOD INSECURITY. A SECOND JBJ SOUL KITCHEN OPENED IN MAY 2016 IN TOMS RIVER, NEW JERSEY, AS PART OF THE B.E.A.T. CENTER, A UNIQUE, COLLABORATIVE EFFORT WITH OTHER NONPROFITS. A THIRD LOCATION OPENED IN JANUARY 2020 ON THE CAMPUS OF RUTGERS UNIVERSITY - NEWARK, NEW JERSEY TO ADDRESS THE ISSUE OF HUNGER ON COLLEGE CAMPUSES. IN FEBRUARY 2023 A FOURTH LOCATION OPENED ON THE COLLEGE CAMPUS OF NORTH JERSEY CITY UNIVERSITY - JERSEY CITY, NEW JERSEY TO ADDRESS STUDENT FOOD INSECURITY. THE COMMUNITY KITCHENS HAVE SERVED OVER 200,000 NUTRITIOUS, DELICIOUS MEALS SINCE THEIR INCEPTION AND HAVE SERVED 56% OF THEIR MEALS TO THOSE UNABLE TO PAY. SEE SCHEDULE O.PAYING DINERS CAN AFFECT CHANGE BY PAYING MORE THAN THE SUGGESTED MINIMUM DONATION BY "PAYING IT FORWARD". INDIVIDUALS UNABLE TO DONATE FOR THEIR MEAL, STILL ENJOY A MEAL AND BECOME PART OF THE JBJ SOUL KITCHEN COMMUNITY BY VOLUNTEERING. THIS GIVES THEM ACCESS TO VALUABLE RESOURCES, INCLUDING JOB OPPORTUNITIES, HOUSING ASSISTANCE, AND MENTAL HEALTH SUPPORT. 217268 100469 0 PROGRAM GRANTS AND EXPENSES FOR AFFORDABLE HOUSING AND ADDRESSING FOOD INSECURITY ASSOCIATED WITH THE ORGANIZATION'S MISSION OF WORKING TO SUPPORT THOSE EXPERIENCING HOMELESSNESS. THIS YEAR A FOCUS WAS DIRECTED TOWARD PROVIDING FUNDING FOR THE CREATION OF AFFORDABLE, SUPPORTIVE HOUSING AND SAFE SHELTER FOR THOSE SUFFERING FROM ADDICTION. 1708694 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 19 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 PA NY NJ X X HEATHER GOLDFARB 2156360420 1600 MARKET STREET SUITE 2600 PHILADELPHIA PA 19103 HEATHER GOLDFARB EXEC. DIR, ASST. TREASURER 40.00 X 106615 0 0 JON BON JOVI BOARD CHAIR 5.00 X X 0 0 0 CRAIG SPENCER BOARD VICE-CHAIR 5.00 X X 0 0 0 LEO CARLIN JR BOARD PRESIDENT 5.00 X X 0 0 0 MIMI BOX BOARD VICE-PRESIDENT 5.00 X X 0 0 0 STEVE PERNA BOARD VICE-PRESIDENT 5.00 X X 0 0 0 PAUL KORZILIUS BOARD TREASURER 5.00 X X 0 0 0 SARA PETERS BOARD SECRETARY 5.00 X X 0 0 0 SR MARY SCULLION BOARD MEMBER 5.00 X 0 0 0 106615 0 0 1 0 0 0 0 89736 1055772 266248 1145508 KITCHEN PROGRAM INCOME 900099 475267 475267 475267 89329 89329 567070 565426 1644 1644 1644 57269 89736 57269 0 1711748 475267 0 90973 100469 100469 106615 52668 17698 36249 734733 716099 1332 17302 48815 46270 672 1873 149179 134643 3806 10730 708 451 68 189 17931 17931 12841 12841 9119 9048 19 52 13533 11748 440 1345 98444 78036 2063 18345 18862 12006 1810 5046 107488 107488 15513 15509 4 7389 7389 18129 15682 646 1801 FOOD AND SUPPLIES 270945 270945 KITCHEN PROGRAM 105734 102317 3417 REPAIRS AND MAINTENANCE 23222 23222 EVENT EXPENSES 2476 2476 2403 2228 77 98 1864548 1708694 59407 96447 39884 27084 526647 399471 68633 38553 10278 29598 501525 501525 5521 0 2267167 2478092 5137 3269 21452 154538 2944719 3130605 92430 34990 0 100469 17657 163531 110087 298990 X 2717793 2534844 116839 296771 2834632 2831615 2944719 3130605 -152800 149783 0 X 0 1 X 1 0 X 787591 1010196 997781 1234596 1145508 5175672 787591 1010196 997781 1234596 1145508 5175672 1904856 3270816 76035 90020 59099 67977 89329 382460 25638 33130 44354 57269 160391 5718523 2027828 0.57200 0.56670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 462377 462377 0 39148 39148 0 0 RIGHT-OF-USE LIABILITY 163531 163531 X 1858006 149783 9316 159099 1698907 12841 12841 1711748 1861023 9316 9316 1851707 12841 12841 1864548 PART X, LINE 2: THE FOUNDATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE IRC AND, THEREFORE, DOES NOT NEED A PROVISION FOR FEDERAL INCOME TAXES. THE FOUNDATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS THAT NEED TO BE DISCLOSED IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. JBJ GOLF OUTING 84825 44847 39978 1200 12320 13841 12617 JBJ CHILI COOK-OFF 62180 44889 17291 4340 2049 3163 7739 147005 89736 57269 5540 14369 17004 20356 57269 0 1 PROJECT HOME 1515 FAIRMOUNT AVENUE PHILADELPHIA PA 19130 232555950 501(C)(3) 100000 0 N/A N/A GRANT PLEDGED DURING IMPACT IN AN INSTANT EVENT AT 35TH ANNIVERSARY GALA IN MAY 2024; USE FOR CONSTRUCTION COSTS OF SACRED HEART RESIDENCE PROJECT - ADDITION OF 20 RESPITE BEDS 1 0 PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF GRANT FUNDS VIA SITE VISITS AND REQUIRED GRANT REPORTS SUBMITTED BY THE ORGANIZATIONS. X 2 266249 FMV 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE NUMBER REPORTED IS THE NUMBER OF CONTRIBUTIONS. FORM 990, BOX C: THE FOUNDATION HAS REGISTERED PHILADELPHIA SOUL FOUNDATION AND SOUL FOUNDATION AS FICTITIOUS NAMES. NEITHER NAME IS USED TO SOLICIT CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 JON BON JOVI, BOARD CHAIR, AND PAUL KORZILIUS, BOARD TREASURER, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THIS FIRM REVIEWS AND DISCUSSES THE FORM 990 WITH ALL BOARD MEMBERS AT A MEETING PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL DIRECTORS, PRINCIPAL OFFICERS, AND, IF APPLICABLE, MEMBERS OF A COMMITTEE WITH GOVERNING-BOARD DELEGATED POWERS. A POTENTIAL CONFLICT MUST BE DISCLOSED TO THE BOARD OR COMMITTEE AS IT ARISES. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT AND ALL MATERIAL FACTS, THE REMAINING BOARD OR COMMITTEE MEMBERS DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT IS IDENTIFIED, THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THE BOARD OR COMMITTEE SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. AT BOARD MEETINGS PRIOR TO ANY VOTE, MEMBERS WITH A CONFLICT OF INTEREST ARE ASKED TO IDENTIFY THEMSELVES AND REFRAIN FROM VOTING. AT MINIMUM, THE CONFLICT OF INTEREST POLICY REQUIRES AN ANNUAL CONFLICT OF INTEREST STATEMENT BE COMPLETED. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE WORKS WITH THE EXECUTIVE DIRECTOR TO SET ANNUAL GOALS AND THEN THEY MAKE A COMPENSATION RECOMMENDATION TO THE BOARD, BASED ON CONTACTS AND SURVEYS IN THE NON-PROFIT INDUSTRY AND INFORMATION FROM SIMILAR-SIZED NON-PROFIT ORGANIZATIONS. THE BOARD DISCUSSES AND VOTES ON THE COMPENSATION RECOMMENDATION. THE DELIBERATION AND FINAL VOTE ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023, FOLLOWING THE BOARD'S DECISION TO CONDUCT IT BIENNIALLY. FORM 990, PART VI, SECTION B, LINE 15B: NO OTHER COMPENSATED PERSON MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE BY REQUEST. THE FINANCAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE.