Frances and Ronald Jaffe Foundation

Private foundation · Grantmaker Bozeman, MT EIN: 65-6319680

Frances and Ronald Jaffe Foundation is a private foundation, based in Bozeman, MT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 2 grants totaling $86K. Net investment income was $138K.

Key facts about Frances and Ronald Jaffe Foundation

In short: Frances and Ronald Jaffe Foundation gave $86K across 2 grants in 2025 (avg $43K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
65-6319680
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$86,393
Grants made (2025)
2
Average grant
$43,197
Median grant
$43,197
Total assets
$1,252,815
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

+4.3% YoY

Annual Giving

$86K

+10.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$43K

+10.9% YoY

Under IRS private-foundation payout rules, Frances and Ronald Jaffe Foundation reported a distributable amount of $83K for 2025 — the minimum it must pay out in qualifying distributions.

How Frances and Ronald Jaffe Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

Vero BeachFort PierceTallahassee

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2019 3 grants2020 5 grants2021 1 grant2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $30K (2019) to $123K (2021). In 2025 it made 2 grants totaling $86K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Indian River State Foundation Inc: $62KIndian River State FoundationInc$62KScholarship Foundation of IRC: $24KScholarship Foundation of IRC$24K

The largest 2025 recipient was Indian River State Foundation Inc ($62K). Together the top 2 received $86K.

Grant Size Distribution

12 grants across all recorded years

8<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 12 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Indian River State Foundation Inc Fort Pierce, FLScholarships$62,393
Scholarship Foundation of IRC Vero Beach, FLScholarships$24,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,252,815$1,201,284$1,160,405
Revenue$144,012$124,179$72,543
Expenses$91,648$82,522$79,941
Qualifying Distributions$88,393$79,800$78,400
Net Investment Income$138,193$123,454$71,723
Distributable Amount$82,761$80,714$74,763

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 22, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 17, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 21, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 8, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 20, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 4, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Frances and Ronald Jaffe Foundation is led by Fraulein F. Jaffe, President since 2022 (on filings since 2019); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Fraulein F. Jaffe

    President

    Trustee → Director, 2020

    Director → President, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • David A. Jaffe

    Director

    Trustee → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Frances P. Jaffe

    Director

    Trustee → Director, 2020

    On filings since 2019

    No compensation reported

  • Iain M. Alexander

    Director

    Trustee → Director, 2020

    On filings since 2019

    No compensation reported

  • Margot S. Kornicks

    Director

    Trustee → Past President, 2020

    Past President → Director, 2022

    On filings since 2019

    No compensation reported

  • Rebecca J. Alexander

    Director

    President → Past President, 2022

    Past President → Director, 2024

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Frances and Ronald Jaffe Foundation

How much does Frances and Ronald Jaffe Foundation give each year?

Frances and Ronald Jaffe Foundation gave $86K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $78K across 2 grants.

How large is Frances and Ronald Jaffe Foundation?

Frances and Ronald Jaffe Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $83K (roughly 5% of its investment assets).

Where does Frances and Ronald Jaffe Foundation operate?

Frances and Ronald Jaffe Foundation has awarded grants in Florida.

What is Frances and Ronald Jaffe Foundation's EIN?

Frances and Ronald Jaffe Foundation's EIN (Employer Identification Number) is 65-6319680. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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