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EIN 41-1778518

Joe Francis Haircare Scholarship Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Cottage Grove
State
Minnesota
Year formed
1995
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Joe Francis Haircare Cosmetology Scholarship Foundation was established in 1994 to memorialize the life and achievements of Joe Francis, founder of The Barbers Corporation. The foundation helps deserving students receive financial assistance for professional training in the cosmetology industry. Joe Francis began his career as a shoeshine boy and eventually enrolled as a barber student at the age of 17. He went on to build a successful hair salon business, establishing over 1,000 salons throughout the world.
Total revenues
$15,741
2023
Total expenses
$81,947
2023
Total assets
$1,454,467
2023
Num. employees
0
2023

Program areas at Joe Francis Haircare Scholarship Foundation

To help deserving students receive financial assistance for the professional training necessary to build successful, long-term careers in the cosmetology industry.
Recovery of prior qualifying distribution

Personnel at Joe Francis Haircare Scholarship Foundation

NameTitleCompensation
Barb FrancisPresident$0

Financials for Joe Francis Haircare Scholarship Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$11,594
Net rental income$0
Net gain from sale of non-inventory assets$647
Gross sales of inventory$0
Miscellaneous revenues$3,500
Total revenues$15,741

Form 990s for Joe Francis Haircare Scholarship Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990PFView PDF
2022-122023-05-11990PFView PDF
2021-122022-05-16990PFView PDF
2020-122021-05-17990PFView PDF
2019-122021-06-09990PFView PDF
...and 10 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 1, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 30, 2023
Updated personnel
Identified 2 new personnel
October 5, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
8101 Homestead Ave S
Cottage Grove, MN 55016
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Washington County, MN
Website URL
joefrancis.com/ 
Phone
(651) 769-1757
IRS details
EIN
41-1778518
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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