Richard Hampton Jenrette Foundation

Richard Hampton Jenrette Foundation maintains substantial assets and reports zero officer compensation.

EIN: 133747036 · Hillsborough, NC · Updated: 2026-03-28

$8.9MRevenue

$129.5MAssets

90/100Mission Score (Excellent)

About Richard Hampton Jenrette Foundation

Richard Hampton Jenrette Foundation (EIN: 133747036) is a nonprofit organization based in Hillsborough, NC. The organization reported total revenue of $8.9M and total assets of $129.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard Hampton Jenrette Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Richard Hampton Jenrette Foundation appears to be a well-endowed private foundation with substantial assets, currently at $129,466,507. Its financial health is robust, supported by significant assets relative to its annual expenses. For instance, in 2022, expenses were $6,082,773 against assets of $127,047,192, indicating a strong financial cushion. The foundation's revenue has fluctuated significantly over the years, from a high of $13,080,107 in 2019 to $1,006,426 in 2022, which is typical for foundations relying on investment returns. The consistent reporting of zero officer compensation across all available filings suggests a high degree of spending efficiency in terms of executive overhead and points to strong transparency regarding compensation practices.

Given the nature of a private foundation, the primary 'program' spending would typically be grants to other organizations. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess the efficiency of its grant-making operations versus administrative costs. However, the absence of officer compensation is a positive indicator of efficient use of funds. The foundation's liabilities have consistently been minimal ($0 or $1), indicating sound financial management and a low-risk profile. The substantial growth in assets from $27,377,956 in 2011 to over $129 million currently demonstrates effective asset management over the long term.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Richard Hampton Jenrette Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Richard Hampton Jenrette Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from the foundation, which is highly efficient for an organization of its size with over $129 million in assets.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Richard Hampton Jenrette Foundation:

Substantial and growing asset base ($129,466,507 currently)
Consistent reporting of zero officer compensation, indicating high efficiency in executive overhead.
Minimal liabilities ($0 or $1 across all filings), demonstrating strong financial management.
Long-term financial stability with significant asset growth over a decade.

Frequently Asked Questions about Richard Hampton Jenrette Foundation

What is the primary purpose of the Richard Hampton Jenrette Foundation?

As a private foundation, its primary purpose is typically to make grants to other charitable organizations or individuals, though specific program areas are not detailed in the provided financial summary.

How does the foundation manage its significant assets?

The foundation has grown its assets from approximately $27 million in 2011 to over $129 million, suggesting effective investment and asset management strategies.

Are there any concerns about the foundation's liabilities?

No, the foundation consistently reports minimal liabilities ($0 or $1), indicating excellent financial health and low financial risk.

Filing History

IRS 990 filing history for Richard Hampton Jenrette Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Richard Hampton Jenrette Foundation's revenue has declined by 51.7%, moving from $2.1M to $1.0M. Total assets increased by 364% over the same period, from $27.4M to $127.0M. Total functional expenses rose by 219%, from $1.9M to $6.1M. In its most recent filing year (2022), Richard Hampton Jenrette Foundation reported a deficit of $5.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $127.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $127.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$1.0M	$6.1M	$127.0M	$1	—	View 990
2021	$8.1M	$4.8M	$132.1M	$1	—	View 990
2020	$3.9M	$6.9M	$128.8M	$1	—	View 990
2019	$13.1M	$5.5M	$131.9M	$0	—	View 990
2015	$4.3M	$2.9M	$35.6M	$1	—	View 990
2014	$6.7M	$2.5M	$34.3M	$1	—	View 990
2013	$3.2M	$2.3M	$30.1M	$1	—	View 990
2012	$3.7M	$1.9M	$29.2M	$1	—	View 990
2011	$2.1M	$1.9M	$27.4M	$1	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $1.0M, expenses of $6.1M, and assets of $127.0M (revenue -87.6% year-over-year).
2021: Revenue of $8.1M, expenses of $4.8M, and assets of $132.1M (revenue +108.0% year-over-year).
2020: Revenue of $3.9M, expenses of $6.9M, and assets of $128.8M (revenue -70.2% year-over-year).
2019: Revenue of $13.1M, expenses of $5.5M, and assets of $131.9M (revenue +207.5% year-over-year).
2015: Revenue of $4.3M, expenses of $2.9M, and assets of $35.6M (revenue -36.5% year-over-year).
2014: Revenue of $6.7M, expenses of $2.5M, and assets of $34.3M (revenue +110.4% year-over-year).
2013: Revenue of $3.2M, expenses of $2.3M, and assets of $30.1M (revenue -15.1% year-over-year).
2012: Revenue of $3.7M, expenses of $1.9M, and assets of $29.2M (revenue +79.9% year-over-year).
2011: Revenue of $2.1M, expenses of $1.9M, and assets of $27.4M.

Data Sources and Methodology

This transparency report for Richard Hampton Jenrette Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.