J M Foundation

MILWAUKEE, WI EIN: 13-6068340

J M Foundation is a private foundation, based in MILWAUKEE, WI. IRS filing data is available for 2020. As of 2020, the organization holds $26.7M in total assets. In 2020, it awarded 20 grants totaling $1.1M. Net investment income was $100K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$26.7M

Annual Giving

$1.1M

Grant Count

20

Avg Grant Size

$54K

Under IRS private-foundation payout rules, J M Foundation reported a distributable amount of $1.2M for 2020 — the minimum it must pay out in qualifying distributions.

About J M Foundation

Based on IRS filings

J M Foundation is a private foundation, based in MILWAUKEE, WI. IRS filing data is available for 2020. As of 2020, the organization holds $26.7M in total assets. In 2020, it awarded 20 grants totaling $1.1M. Net investment income was $100K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AlbanyAtlantaBlufftonCharlestonCharlottesvilleHarrisburgHartfordLexingtonMilwaukeeMorristownNew YorkPhoenixStanfordTallahasseeValhallaWashingtonWilmingtonWinchester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$418K$837K$1M$2M2020
Metric2020
Total Assets$26,704,619
Revenue$243,450
Expenses$1,521,206
Qualifying Distributions
Net Investment Income$100,314
Distributable Amount$1,221,907

Giving Over Time

Total grant dollars and number of grants per year

$0$271K$542K$813K$1M20 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

HOOVER INSTITUTION$290KBOYS AND GIRLS CLUBS OF …$260KBOARD MATCHING GIFTS$86KENTITLEMENTS HOW$75KSOUTH CAROLINA COASTAL C…$60KTHE JAMES MADISON INSTIT…$50KCENTER FOR AMERICAN GREA…$35KBOYS AND GIRLS CLUBS OF …$25KCOMMONWEALTH FOUNDATION$25KEMPIRE CENTER$25K

Grant Size Distribution

20 grants across all recorded years

14<$50K4$50–100K$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Hoover Institution ($290,000), Boys and Girls Clubs of America ($260,000), Board Matching Gifts ($85,500).

RecipientPurposeAmount
AMERICAN OVERSEAS MEMORIAL DAY ASSOCIATION FOUNDATION VALHALLA, NYBASTOGNE MEMORIAL FUND$10,000
BOARD MATCHING GIFTS MILWAUKEE, WIGENERAL SUPPORT$85,500
BOYS AND GIRLS CLUBS OF AMERICA ATLANTA, GALEADERSHIP DEVELOPMENT AT LOCAL CLUBS$260,000
BOYS AND GIRLS CLUBS OF CENTRAL VIRGINIA CHARLOTTESVILLE, VAGENERAL SUPPORT$8,000
BOYS AND GIRLS CLUBS OF THE LOWCOUNTRY BLUFFTON, SCGENERAL SUPPORT$25,000
CENTER FOR AMERICAN GREATNESS INC PHOENIX, AZGENERAL SUPPORT$35,000
COMMONWEALTH FOUNDATION HARRISBURG, PAGENERAL SUPPORT$25,000
EMPIRE CENTER ALBANY, NYGENERAL SUPPORT$25,000
ENTITLEMENTS HOW LEXINGTON, KYGENERAL SUPPORT$75,000
FOUNDATION FOR CULTURAL REVIEW NEW YORK, NYGENERAL SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

CARL HELSTROMEXECUTIVE DIRECTOR/ASST TR$119KCHRIS OLANDEREXEC DIR EMERITUS/ASST SEC$21K

From 2020 filing

NameTitleHoursCompensation
CHRIS OLANDEREXEC DIR EMERITUS/ASST SEC10$21,000
JEREMIAH BOGERTVICE PRESIDENT1
JEREMIAH MILBANK IIIPRESIDENT1
PETER C MORSESECRETARY/TREASURER1
CARL HELSTROMEXECUTIVE DIRECTOR/ASST TR20$118,870

Frequently Asked Questions

How large is J M Foundation?

As of 2020, J M Foundation holds $26.7M in total assets with $243K in annual revenue. It awarded 20 grants totaling $1.1M in 2020.

Where does J M Foundation operate?

J M Foundation has awarded grants in Arizona, California, Connecticut, District of Columbia, Delaware, Florida, Georgia, Kentucky, New Jersey, New York, Pennsylvania, South Carolina, Virginia, Wisconsin.

What size grants does J M Foundation award?

In 2020, J M Foundation awarded 20 grants totaling $1.1M — an average of about $54K per grant, based on its IRS Form 990 filings.

How much is J M Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, J M Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is J M Foundation's EIN?

J M Foundation's EIN (Employer Identification Number) is 13-6068340. IRS Form 990 filing data is available on this page for 2020.

Explore Open Grants

Browse active grant opportunities in J M Foundation's focus areas in our free grants database

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

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