Jace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE VILLAGE, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 8 grants totaling $82K. Net investment income was $373K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+47.1% YoY
Annual Giving
$82K
+93.3% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$10K
-3.3% YoY
Under IRS private-foundation payout rules, Jace Foundation reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
About Jace Foundation
Based on IRS filings
Jace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE VILLAGE, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 8 grants totaling $82K. Net investment income was $373K.
Focus Areas
Ready to take the next step with Jace Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,200,406 | $1,495,765 | $947,130 |
| Revenue | $1,133,658 | $752,847 | $507,398 |
| Expenses | $109,538 | $48,302 | $52,246 |
| Qualifying Distributions | $95,772 | $44,569 | $52,020 |
| Net Investment Income | $372,763 | $245,160 | $6,022 |
| Distributable Amount | $71,109 | $45,665 | $35,366 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American University of Armenia ($35,835), Amrenian Missionary Assoc ($10,000), Children of Armenia Fund ($9,995).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL ASSOC OF ARMENIAN BELMONT, MA | GENERAL DONATION | $5,150 |
| MAX FOUNDATION SEATTLE, WA | DONATION FOR ARMENIAN PROGRAM | $9,926 |
| CHILDREN OF ARMENIA FUND NEW YORK, NY | GENERAL DONATION | $9,995 |
| ARMENIAN PROFESSIONAL SOCIETY GLENDALE, CA | DONATION TO SUPPORT SCHOOL | $5,000 |
| ARMENIAN GENERAL BENEVOLENT UNION NEW YORK, NY | GENERAL DONATION | $5,000 |
| ANALYSIS RESEARCH PLAN ARMENIA TARZANA, CA | GENERAL DONATION | $1,000 |
| AMRENIAN MISSIONARY ASSOC PARAMUS, NJ | MEDICAL MISSIONS | $10,000 |
| AMERICAN UNIVERSITY OF ARMENIA GLENDALE, CA | DONATION TO SUPPORT SCHOOL | $35,835 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID MARK ESSAYAN | TRUSTEE | 0.25 | — |
| SUSAN MARIE JERIAN | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jace Foundation?
Jace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE VILLAGE, CA. It holds $2.2M in total assets as of 2024.
How large is Jace Foundation?
As of 2024, Jace Foundation holds $2.2M in total assets with $1.1M in annual revenue. It awarded 8 grants totaling $82K in 2024.
Where does Jace Foundation operate?
Jace Foundation has awarded grants in California, Massachusetts, New Jersey, New York, Washington.
What size grants does Jace Foundation award?
In 2024, Jace Foundation awarded 8 grants totaling $82K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Jace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jace Foundation reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jace Foundation's EIN?
Jace Foundation's EIN (Employer Identification Number) is 87-3976031. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Jace Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Jace Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Jace Foundation to a real strategy.