The Gerald R. Jordan Jr. Foundation is a private 501(c)(3) foundation established in 1995 and based in Quincy, Massachusetts. The foundation was created by Gerald R. Jordan Jr., chairman and founder of Hellman, Jordan Management, a hedge fund management company. The foundation operates as a grantmaking organization supporting nonprofit institutions across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.5M
+1.4% YoY
Annual Giving
$1.0M
-44.8% YoY
Grant Count
21
-8.7% YoY
Avg Grant Size
$48K
-39.5% YoY
Mission & Focus Areas
The foundation awards grants to organizations in the following areas:
- Arts and culture
- Education
- Health care
- Social services
- Historic preservation
- Journalism and creative writing
The foundation demonstrates particular strength in supporting universities (especially those with personal connections to the founder), cancer research facilities, specialty hospitals, orchestra groups, and museums.
Grantmaking
How to Apply
** The foundation lacks a website and does not maintain a formal staff. Prospective grantees are advised to contact Darlene Jordan, the founder's wife and executive director, to inquire about the grant application process. The foundation does not award grants or scholarships to individuals and primarily supports institutions with a personal connection to the family.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- New England
- Florida (particularly West Palm Beach area)
- New York
The foundation has demonstrated significant support for Harvard and Fordham Universities, the founders' alma maters, as well as smaller groups in the Boston area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $17,457,114
- Total Revenue: $1,460,000
- Total Expenses: $1,220,000
- Total Liabilities: $0
- Total Giving: $1,010,336
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,457,114 | $17,218,837 | $19,709,474 |
| Revenue | $1,455,176 | $-471,366 | $-932,114 |
| Expenses | $1,216,899 | $2,019,271 | $553,984 |
| Qualifying Distributions | $1,010,336 | $1,830,269 | $318,768 |
| Net Investment Income | $1,251,013 | $363,108 | $41,129 |
| Distributable Amount | $988,409 | $942,021 | $1,005,959 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Gerald R. Jordan Jr. – Founder and Chairman. Jordan is a hedge fund manager who previously served as a Navy lieutenant and began his investment career at Putnam Management Company before founding Hellman, Jordan Management. He is a Harvard University graduate who transitioned to philanthropy following his son's assumption of leadership at the hedge fund.
Darlene Jordan – Executive Director and founder's wife. A graduate of the Kennedy School, she served on President Trump's economic advising team in 2016 and serves as the primary contact for grant inquiries.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALD R JORDAN JR | TRUSTEE | 1 | — |
| DARLENE L JORDAN | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues to maintain an active grantmaking program, with 2024 financial filings showing ongoing charitable distributions. However, the foundation maintains limited public visibility and does not actively publicize grant awards or funding opportunities.
Generous Community Donors Help Fund Jordan Education Foundation EducatorSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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