Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 1,610,244 | 542,095 | 529,872 | 1,235,872 | 376,614 | 4,294,697 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 1,610,244 | 542,095 | 529,872 | 1,235,872 | 376,614 | 4,294,697 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 979,554 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 3,315,143 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 1,610,244 | 542,095 | 529,872 | 1,235,872 | 376,614 | 4,294,697 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 41,309 | 42,259 | 49,333 | 29,164 | 76,542 | 238,607 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 891,662 | 2,682,166 | 4,390,823 | 1,699,886 | 741,070 | 10,405,607 |
| 11 | Total support. Add lines 7 through 10 | 14,938,911 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2023 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2023 |
(iii) Distributable Amount for 2023 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2023 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2023: | ||||
| a From 2018....... | ||||
| b From 2019....... | ||||
| c From 2020....... | ||||
| d From 2021....... | ||||
| e From 2022....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2023 distributable amount | ||||
|
i
Carryover from 2018 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2023 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2023 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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6
Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2024. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2019..... | ||||
| b Excess from 2020..... | ||||
| c Excess from 2021..... | ||||
| d Excess from 2022..... | ||||
| e Excess from 2023..... | ||||
| Facts And Circumstances Test |
|---|
| Current Year Facts and Circumstances: Jeff Gordon Children's Foundation (JGCF) is recognized as an organization described in section 501(c)(3) and supports the research of leading pediatric oncologists and researchers across the United States, regardless of location or hospital affiliation, and helps bring more effective, less toxic treatments to children facing all types of pediatric cancer. JGCFs mission is to support children battling cancer by funding programs that improve patients quality of life, treatment programs that increase survivorship, and pediatric medical research dedicated to finding cures. JGCF received a determination letter by the IRS classifying the organization as a public charity described in section 509(a)(1) and 170(b)(1)(A)(vi) of the Internal Revenue Code as of January 1, 2011. On the basis of support received during taxable years 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, and 2019, in the aggregate, JGCF received at least 33 1/3 percent of its support from contributions made directly or indirectly by the general public. In 2020, JGCF fell below the 33 1/3 percent support test dropping to 32.04%, but JGCF qualified as a publicly supported organization based on 2019. For taxable years 2021, 2022 and 2023, JGCF has attracted public support to qualify under the facts and circumstances test of Section 170(b)(1)(A)(vi) based on 1) its support from public sources (now at 22.19%, it is well above the 10% threshold for the facts and circumstances test), 2) its fundraising program, 3) the type of broad and diverse support JGCF regularly solicits and receives from the general public, 4) future fundraising plans, and 5) consideration of other relevant factors described in Treas. Reg. Sec. 1.170A-9(f)(3). Additionally, JGCF has a governing body which represents the interests of the public and not private interests, and it has a variety of charitable and research programs that directly serve to benefit the general public.Attraction of Public Support JGCF is organized and operated to attract new and additional public support on a continuous basis. JGCF accepts and receives donations through various means including email, social media, website, and partnerships with like-minded organizations. The website includes information on providing donations through various means, including both a one-time contribution as well as a recurring monthly giving program known as THE FUEL. These donations are primarily solicited through a series of calendared seasonal and opportunistic fundraising campaigns created and conducted by the organization. JGCF also solicits contributions as part of its annual car program (as further described below). JGCF is registered, on a nationwide basis, to solicit contributions from the public. The process for annual renewal involves significant time and resources, thus showing JGCFs commitment to continually growing and broadening its solicitation program. JGCFs Executive Director directs the program of solicitation and reports on her activities regularly with the JGCF board. JGCF maintains a donor management system in which 62,098 donors are tracked. Based on the foregoing, JGCF reasonably anticipates it will be able to attract more funding from the general public in the future.Car Program In addition to the fundraising described above, JGCF receives other revenue from its annual car program. This program also receives contributions from a nationwide group of individuals of the general public, however this type of support is not included in the numerator of the public support calculation on Form 990, Schedule A. The car program also serves as a tool to identify new supporters for JGCFs overall mission, annually growing the database by 4%, and offsetting natural attrition. Contributors to the car program are also given the option to make an additional donation to JGCF and/or also donate to cover credit card transaction fees incurred by JGCF and most elect to do so. As a result of 2023 programming efforts to increase awareness of JGCF and its mission, more than 43,207 new individuals provided an email address to receive additional information about the organization growing the number of constituents in the database for the year by 58%. By engaging with these new constituents through strategic messaging about the importance of funding childhood cancer research, the goal is to convert a percentage of these warm leads into first-time donors within the next two years. Most recently: -93% of the car programs participants chose to cover the transaction costs with a separate donation -$5,980 of additional charitable contributions were made to JGCF by the car programs participants during the car program -After the program was completed, these participants also donated $5,724 in additional charitable contributions to other JGCF programs outside of the car program -In 2023, out of the 62,098 active donors in its donor database, 11,956 contributed in some way to JGCFs mission -104 new members were added to JGCFs recurring giving program through the car program, growing the number of recurring givers by 28%JGCF is supported by the general public from all 50 states, Washington DC, Puerto Rico, multiple U.S. territories and military bases across the globe, and most Canadian provinces. These contributions support JGCFs mission of funding childhood cancer. Recently, JGCF has funded research projects with researchers, childrens hospitals, and educational institutions in Arizona, Florida, Pennsylvania, Kansas, and North Carolina intending to support the diagnosis, treatment, and outcome of children diagnosed with cancer across the country.Representative Governing Body JGCFs governing body is comprised of persons representing a broad cross-section of the interests of the public and of those served by JGCFs programs. The board includes individuals who are both independent and have special knowledge and expertise to help support JGCFs childhood cancer research funding mission.Jeff Gordon is an American former professional stock car racing driver, currently the Vice-Chairman for Hendrick Motorsports. He is regarded as one of the most influential drivers in NASCAR history, helping the sport reach mainstream popularity. Dr. Jeffrey Chell has 25 years of healthcare industry, leadership and governance experience. Dr. Chell held leadership positions in managed care organizations that had in excess of one million members. James Reichard, CPA is the managing partner of Reichard Capital, LLC. James provides expertise in wealth management and accounting.Dr. Javier Oesterheld is the Specialty Medical Director - Pediatric Hematology / Oncology / BMT and Palliative Care at Levine Childrens Hospital in Charlotte, NC. Hes also the principal investigator for Carolinas Kids Cancer Research Coalition, in conjunction with the developmental therapeutics program at Levine Childrens Hospital. Dr. David Jacobsohn, MD ScM MBA, is the Division Chief of Blood and Marrow Transplantation and joined Children's National Hospital from Childrens Memorial Hospital in Chicago, where he served as a member of the Stem Cell Transplant Program staff and as the Director of the Chronic Graft-versus-Host Disease Clinic. Jo Cowan worked on a medical research team while applying to graduate school, as a neonatal nurse practitioner following graduate school, and spent time working in a Cancer Research Center on the colon cancer team. Her middle daughter, Lillie aged 13, was diagnosed with DIPG (a rare form of cancer in the brain stem) and given 9 months to live, but after completing three different clinical trials survived another 26 months. |
| Return Reference | Explanation |
|---|
| Software ID: | 23017517 |
| Software Version: | 2023v6.0 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4d | OTHER PROGRAM SERVICES 4: Kansas University Cancer Center This grant is to support A Phase Multicenter, Open Label Trial Evaluating the Safety and Efficacy of DuoCAR20.19.22-D95 in Pediatric and Adult Patients with Relapsed or Refractory B-cell Malignancies. OTHER PROGRAM SERVICES 5: Childrens Hospital of Philadelphia Foundation This grant will support one Pediatric Hematology/Oncology fellow in their second or third year of fellowship or one Pediatric Oncology instructor each year for three years, empowering her or him to focus on research and professional development during a critical time in training. The three awardees will be Jeff Gordon Childrens Foundation Research Scholars. OTHER PROGRAM SERVICES 6: Various cancer research and support program direct expenses. |
| Form 990, Part VI, Section A, Line 2 | Reichard Capital LLC, a Company owned by James Reichard a Foundation Director, is the financial advisor for the Foundation and Jeffrey M. Gordon the Foundation's Founder. |
| Form 990, Part VI, Section B, Line 11b | A copy of the Form 990 is provided to the Chief Financial Officer and it is reviewed and approved by the Board prior to filing. |
| Form 990, Part VI, Section B, Line 12c | Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person:a. Has received a copy of the conflicts of interest policy,b. Has read and understands the policy,c. Has agreed to comply with the policy, andd. Understands the Foundation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. |
| Form 990, Part VI, Section B, Line 15a | The President and the Board of Directors Chairman review salaries and bonuses. |
| Form 990, Part VI, Section C, Line 19 | Financial information is provided to the various states that require annual filings. The annual Form 990 is made available upon request and can also be viewed on various websites providing these documents to the general public. |
| Statement Note 1 | Related Party Payroll Administrator All of Foundation's staff is employed directly by Jeff Gordon, Inc. as disclosed in Schedule L. This relationship exists in order to miminize overall payroll and related benefit costs incurred by the Foundation. |
| Software ID: | 23017517 |
| Software Version: | 2023v6.0 |