JAGA Charitable Trust Inc. Financial Overview
JAGA Charitable Trust, Inc. has seen an increase in member contributions in 2023 YTD compared to 2022. The trust's income sources include community foundations, PGA Tour contributions, and various events. Investment strategy focuses on earning returns above 0.37% with low risk and liquidity. To increase member participation, strategies need to be implemented.
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JAGA Charitable Trust, Inc October 30, 2023
JAGA Member Contributions JAGA Members 41 Past JAGA Member Contributors 34 2021 Member Contributors 17 $43,770 2022 Member Contributors 18 $46,380 2023 YTD Member Contributors 7 $36,315 83% JAGA Members Contributed in the past 44% JAGA Members Contributed in 2022 17% JAGA Members Contributed in 2023YTDF How can we increase JAGA Member Participation?
Income Sources 2022 2023 YTD $79,123 $132,760 Community Foundati80on Member Contributions PGA Tour Member Contributions Scholarship Classic Celebration of Golf Individual First Coast Womens First Coast Womens Individual Scholarship Classic PGA Tour JAGA
JAGA Member Contributions 2022 2023 YTD 2021 $43,770 $36,315 $46,380 Champions Club Deerwood San Jose Champions Club Deerwood Hyde Park Sawgrass Sawgrass CC Marsh Landing Marsh Creek San Jose Hyde Park Marsh Landing Marsh Creek PV Inn & Club Timaquana Hidden Hills Sawgrass CC Plantation Ponte Vedra Inn & Club Timaquana Atlantic Beach Jacksonville Golf Eagle Harbor Marsh Landing Marsh Creek Amelia River MGA Palencia CC Deercreek Windy Harbor Palatka Timaquana Hidden Hills Palencia Moore-Myers S Hampton Atlantic Beach Jacksonville Golf Jax Beach Julington Creek Palatka Palencia
Investment Strategy Objectives Earn > 0.37% which is current WF Savings Account return Conservative, Low Risk, Liquidity Maintain Wells Fargo Checking and Savings Accounts Process Met with Wells Fargo, RW Wealth and Morgan Stanley Morgan Stanley offered best terms including no Advisory Fees, access to Preferred Savings (FDIC Insured); Money Market Funds and Fixed Term CD s Opened Morgan Stanley Account linked to Wells Fargo Checking Account and QuickBooks Funding Morgan Stanley $90,000 - $100,000 to Preferred Savings returning approximately 5% $60,000 invested in Fixed, Non-callable CD s Reserved Savings
