Frances and Ronald Jaffe Foundation
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.
Frances and Ronald Jaffe Foundation at a glance
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.
- Annual giving (2025)
- $86,393
- +10.9% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $43,197
- +10.9% vs 2024
- Median grant
- $43,197
- Total assets
- $1,252,815
- +4.3% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Frances and Ronald Jaffe Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
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
The most common grant size was under $50K: 8 grants of 12 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $30K (2019) to $123K (2021). In 2025 it made 2 grants totaling $86K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indian River State Foundation Inc Fort Pierce, FL | Scholarships | $62,393 |
| Scholarship Foundation of IRC Vero Beach, FL | Scholarships | $24,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,252,815 | $144,012 | $91,648 | $86,393 | 2 | $88,393 | $138,193 | $82,761 |
| 2024 | $1,201,284 | $124,179 | $82,522 | $77,900 | 2 | $79,800 | $123,454 | $80,714 |
| 2023 | $1,160,405 | $72,543 | $79,941 | $76,550 | 2 | $78,400 | $71,723 | $74,763 |
| 2022 | $1,168,916 | $77,636 | $91,012 | $86,509 | 1 | $88,209 | $51,879 | $77,288 |
| 2021 | $1,182,292 | $176,725 | $125,646 | $122,895 | 5 | — | $150,691 | $79,859 |
| 2020 | $1,131,213 | $126,014 | $73,726 | $70,000 | 3 | — | $125,272 | $69,139 |
| 2019 | $1,078,925 | $67,278 | $36,792 | $30,000 | 1 | — | $63,182 | $67,478 |
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.
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.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 17, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 4, 2026)
- IRS filings on file for fiscal years 2019–2025
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