NonprofitsJamko Foundation Incorporated

Jamko Foundation Incorporated

OAKLAND, CA

Total revenue

$213K

Total expenses

$172K

Net assets

$72K

Grants received

$76K

3 grants

EIN

844141628

Tax year

2024

Mission

Jamko Foundation, Inc., founded December 2019, is a national 501(c)(3). Jamko works to ignite hope and provide tangible opportunities for people facing poverty and oppression. We partner with vision-aligned agencies + projects that seek to stabilize a person in 5 key areas: Education, Employment, Finances, Housing and Healthy Well-being to help eradicate poverty of mind, body, spirit. At the heart of our vision is the Merchant Mariner Apprenticeship Training Program, opening doors for Opportunity Youth and Adults to gain skills, credentials, and careers in the maritime industry-bridging potential to prosperity.

Programs

2 programs

Peer Level Technical Assistance including: grant research training, program development, fiscal and fiduciary support. We seek to develop relationships with local mission-aligned agencies to increase their capacity and ensure their resiliency. JAMKO focuses on building capacity, strengthening and deploying servant leaders.

Expenses: $28K

Jamko operates a merchant marine training and credentialing program from historic museum ships moored at California ports. Jamko provides skills-based vocational training that aligns with the Onet Occupation for Sailors and Marine Oilers 53-5011.00. The program helps trainees attain the required documents, coursework, physicals and drug tests to acquire a Merchant Mariner Credential and begin work. This opportunity is offered at no cost to trainees, includes wraparound supportive services such as financial literacy and culturally relevant counseling. A person with no high school diploma, no GED and no prior work experience, can complete our 12 week program and begin work as a licensed union Merchant Seafarer with a starting median union wage of $47K, plus benefits, retirement and global travel. Salaries can rise to $100,000+ (USD) in less than 3 years. Strong upward mobility and a shortage of American seafarers means that a young sailor can enjoy a long, prosperous career. Our program helps trainees attain the required documents, coursework, physicals and drug tests to acquire a Merchant Mariner Credential (MMC) and begin work. Our training model addresses key challenges facing youth seeking employment. Those obstacles are training and exposure to high-quality jobs with sustainable wages, benefits, and pathways for advancement. This is especially for youth and adults from underserved and disinvested communities. Merchant Mariners are licensed, union civilians working for private shipping companies or as non-military personnel on government vessels. The newly credentialed sailors choose to work for a government agency or join one of three maritime unions: Seafarer's Int'l Union (SIU), Marine Fireman's (MFOW), or Sailors Union of the Pacific (SUP). Industry demand is high as sea billets (jobs) are understaffed so 100% of our graduates have been going to work as Merchant Seafarers. Jamko seeks to introduce maritime careers and make the training and documentation attainable by paying direct training and documentation costs.

Expenses: $90K

Financials

FY 2024

Revenue

Contributions & grants$213K
Program service revenue$164
Investment income
Other revenue
Total revenue$213K

Expenses

Grants paid
Salaries & benefits$33K
Fundraising
Other expenses$140K
Total expenses$172K
Total assets$85K
Net assets$72K

People

8 listed

NameRoleCompensation

Lawrence Edmond

Board Member

Board

$2K

5 hrs/wk

Cynthia Grayson

President, Board of Director

Board

1 hrs/wk

Dr Paula Hawthorn

Board Member

Board

1 hrs/wk

John McClendon

Board Member

Board

1 hrs/wk

Burley Pie aka John McDowell

Board Member

Board

1 hrs/wk

Patricia Ramos

Board Member

Board

1 hrs/wk

Robert Read

Board Member

Board

1 hrs/wk

Michelle Edmond

Executive Director

Staff

$33K

40 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$40K
TO SUPPORT THE NEHEMIAH PROJECT. FOR GENERAL SUPPORT.
2023
$24K
PROGRAM - TO SUPPORT CAPACITY-BUILDING OF FAITH-BASED ORGANIZATIONS. PROGRAM - TO SUPPORT MERCHANT MARITIME TRAINING AND WRAP-AROUND SERVICES
2022
$12K
PROGRAM - TO BUILD THE CAPACITY OF HOMELESS INDIVIDUALS AND FAMILIES THROUGH FINANCIAL LITERACY, LIFE SKILLS, EMPLOYMENT READINESS, COMMUNITY VOLUNTEERISM, AND HOUSING ASSISTANCE TRAININGS TO ADVOCATE FOR THEMSELVES IN EMERYVILLE AND OAKLAND.
2020

Funded by

$76K from 1 funder · 3 grants · 2020–2023

The San Francisco Foundation

$76K · 3 grants · 2020–2023

Details

EIN844141628
Subsection03
Ruling date2020-10
Formed2019
Employees0
Volunteers3
JAMKO FOUNDATION INCORPORATED — Mission, Financials & Grants Received | Grantivo