Ac & JC Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 84-2735202

AC & JC Foundation Inc is a private foundation based in New York, NY. In 2024, it reported 43 grants totaling $9,149,341, supporting charitable organizations that include New York cultural and social-service institutions and organizations working in conservation.

Ac & JC Foundation Inc at a glance

In short: Ac & JC Foundation Inc gave $9.1M across 43 grants in 2024 (avg $213K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$9,149,341
+21.5% vs 2023
Grants made (2024)
43
+2.4% vs 2023
Average grant
$212,775
+18.7% vs 2023
Median grant
$100,000
Total assets
$24,915,190
-3.6% vs 2023
Primary geography
New York (52% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Ac & JC Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 23 West 20Th Street, New York, NY 10011
Phone: (646) 362-0039

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Ac & JC Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Fidelity Investments Charitable Gift Fund: $3.9M across 2 grantsFidelity InvestmentsCharitable Gift Fund$3.9M · 2 grantsCity Harvest Inc: $700K across 2 grantsCity Harvest Inc$700K · 2 grantsCentral Park Conservancy Inc: $550K across 2 grantsCentral Park Conservancy Inc$550K · 2 grantsAmerican Museum of Natural History: $525K across 2 grantsAmerican Museum of NaturalHistory$525K · 2 grantsThe Jewish Museum: $300K across 2 grantsThe Jewish Museum$300K · 2 grantsThe Metropolitan Museum of Art: $300K across 2 grantsThe Metropolitan Museum of Art$300K · 2 grantsWildlife Conservation Society: $250KWildlife Conservation Society$250KAmerican Jewish Joint Distribution: $200KAmerican Jewish JointDistribution$200KBallet Theatre Foundation Inc: $200KBallet Theatre Foundation Inc$200KMetropolitan Opera Association Inc: $200KMetropolitan Opera AssociationInc$200K

The largest 2024 recipient was Fidelity Investments Charitable Gift Fund ($3.9M across 2 grants). Together the top 10 received $7.1M.

Grant Size Distribution

144 grants across all recorded years

29<$50K33$50–100K66$100–250K7$250–500K6$500K–1M3$1–5M$5M+

The most common grant size was in the $100–250K range: 66 grants of 144 (46%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars by recipient state were: New York, 52%; Ohio, 43%; California, 2%; Indiana, 2%; and Massachusetts, 1%.

Grant Distribution by State

9states

Share of 2024 grant dollars across all 43 itemized grants.

Cities

New YorkBrooklynSan FranciscoBronxCarmelWashingtonCincinnatiLaguna HillsLakewoodDamascusFairfieldIthacaLauna HillsNew MilfordNewburyportPalo Alto

How Ac & JC Foundation Inc gives

  • 86% of 2024 grantees were also funded in 2023. Method
  • Giving grew 222% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M2 grants2020 29 grants2021 28 grants2022 42 grants2023 43 grants2024

From 2020 to 2024, annual grant giving ranged from $1.0M (2020) to $9.1M (2024). In 2024 it made 43 grants totaling $9.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Investments Charitable Gift Fund Cincinnati, OHTo provide support for general operating grants made via the audrey and jacob cappell charitable fund$1,985,000
Fidelity Investments Charitable Gift Fund Cincinnati, OHTo provide support for general operating grants made via the audrey cappell charitable gift fund$1,926,500
City Harvest Inc Brooklyn, NYTo Provide Support for City Harvest's Capital Campaign$500,000
Central Park Conservancy Inc New York, NYTo provide support for central park conservancy's capital campaign$350,000
American Museum of Natural History New York, NYTo provide support for updates to the museum's permanent exhibition halls and build capacity for future improvements$325,000
Wildlife Conservation Society Bronx, NYGeneral Operating Support$250,000
American Jewish Joint Distribution New York, NYGeneral Operating Support$200,000
American Museum of Natural History New York, NYGeneral Operating Support$200,000
Ballet Theatre Foundation Inc New York, NYGeneral Operating Support$200,000
Central Park Conservancy Inc New York, NYGeneral Operating Support$200,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$24,915,190$10,884,043$11,229,790$9,149,34143$11,411,687$884,043$912,411
2023$25,850,805$26,492,081$9,404,328$7,527,36642$9,336,670$492,081$577,116
2022$8,176,724$36,895$4,353,732$2,193,67928$3,545,809$36,895$301,593
2021$7,552,064$5,665$4,027,455$2,844,42929$3,814,279$5,665$474,123
2020$11,418,792$7,610,664$1,260,039$1,000,0002—$10,664$321,739

Under IRS private-foundation payout rules, Ac & JC Foundation Inc reported a distributable amount of $912K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The available information does not state a mission for the foundation. Its 2024 grants show support for organizations with varied missions. For example, the American Museum of Natural History describes its mission as sharing knowledge about human cultures, the natural world, and the universe through research and education. The Wildlife Conservation Society says it works to save wildlife and wild places through science, conservation action, education, and inspiring people to value nature. City Harvest received support for its capital campaign, and several organizations received general operating support.

Grantmaking

In 2024, the foundation made 43 grants totaling $9,149,341. Individual grants ranged from $103 to $1,985,000, with a median grant of $100,000.

The largest reported grants included $1,985,000 and $1,926,500 to Fidelity Investments Charitable Gift Fund for general operating grants made via the Audrey and Jacob Cappell Charitable Fund and the Audrey Cappell Charitable Fund, respectively. Other notable awards included $500,000 to City Harvest for its capital campaign; $350,000 to Central Park Conservancy for its capital campaign; and $325,000 to the American Museum of Natural History for exhibition updates and capacity building. The foundation also reported general operating grants of $250,000 to the Wildlife Conservation Society and $200,000 each to American Jewish Joint Distribution, the American Museum of Natural History, Ballet Theatre Foundation, Central Park Conservancy, City Harvest, and the Metropolitan Opera Association.

Other 2024 recipients included the Jewish Museum ($200,000), Mara Elephant Project USA ($153,250), New York University ($140,000), and Coalition for the Homeless ($125,000). The Jewish Museum describes its mission as collecting, preserving, exhibiting, and interpreting art and Jewish culture. Mara Elephant Project USA says it works to conserve elephants and their landscapes, while New York University describes its primary missions as education, research and scholarship, and patient care.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jacob Cappell and Audrey Cappell as co-presidents, Joseph Cosmai as treasurer and secretary, and Jeffrey Wacksman as director.

Ac & JC Foundation Inc is led by Audrey Cappell, Co-President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Audrey Cappell

    Co-President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jacob Cappell

    Co-President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeffrey Wacksman

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Joseph Cosmai

    Treasurer & Secretary

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ac & JC Foundation Inc

How much does Ac & JC Foundation Inc give each year?

Ac & JC Foundation Inc gave $9.1M across 43 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7.5M across 42 grants.

What is Ac & JC Foundation Inc's typical grant size?

Ac & JC Foundation Inc's median grant in 2024 was $100,000, and its average grant was $212,775, across 43 grants on its 2024 IRS Form 990-PF.

Where does Ac & JC Foundation Inc give grants?

Ac & JC Foundation Inc gives mostly in New York: 52% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Ohio (43%). The most frequent recipient cities were New York, NY (29 grants), Brooklyn, NY (4 grants), Cincinnati, OH (2 grants) and San Francisco, CA (2 grants).

Does Ac & JC Foundation Inc give general operating support?

Yes: 81% of Ac & JC Foundation Inc's 2024 grants with a stated purpose (35 of 43) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Ac & JC Foundation Inc's largest grantees?

Ac & JC Foundation Inc's largest 2024 grantees include Fidelity Investments Charitable Gift Fund ($3,911,500 across 2 grants), City Harvest Inc ($700,000 across 2 grants) and Central Park Conservancy Inc ($550,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.

How large is Ac & JC Foundation Inc?

Ac & JC Foundation Inc reported $24.9M in total assets on its 2024 IRS Form 990-PF. It paid out $11.4M in qualifying distributions that year, against a required minimum of $912K (roughly 5% of its investment assets).

What does Ac & JC Foundation Inc fund?

The available information does not state a mission for the foundation. Its 2024 grants show support for organizations with varied missions. See mission & focus areas ↑

How do I apply for a grant from Ac & JC Foundation Inc?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Ac & JC Foundation Inc's EIN?

Ac & JC Foundation Inc's EIN (Employer Identification Number) is 84-2735202. IRS Form 990 filing data is available on this page for 2020–2024.

Does Ac & JC Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Ac & JC Foundation Inc funder profile. GrantGraph. Retrieved October 31, 2026, from https://grantable.co/funders/ac-and-jc-foundation-inc-morg_a7059b0ebc154bf5ad93e2365f672b9d

BibTeX
@misc{grantable_842735202_2026,
  author       = {{Grantable}},
  title        = {{Ac \& JC Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/ac-and-jc-foundation-inc-morg_a7059b0ebc154bf5ad93e2365f672b9d},
  note         = {Accessed 2026-10-31. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Ac & JC Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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