Jae S Lim Foundation
The Jae S Lim Foundation is a private foundation based in Wilmington, Delaware. In 2024, it made grants to educational institutions and programs, including university student-support funds, research internships, and high school math and science awards.
Jae S Lim Foundation at a glance
In short: Jae S Lim Foundation gave $1.8M across 57 grants in 2024 (avg $31K), mostly in Massachusetts. 4% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,767,400
- -0.8% vs 2023
- Grants made (2024)
- 57
- +1.8% vs 2023
- Average grant
- $31,007
- -2.6% vs 2023
- Median grant
- $4,000
- Total assets
- $23,576,919
- +11.2% vs 2023
- New grantees (estimate)
- 4% first-time grantees (2 of 54, 2024)
- Primary geography
- Massachusetts (61% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Jae S Lim Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Jae S Lim Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Fidelity Investments Charitable Gift Fund ($1.0M). Together the top 10 received $1.6M.
Grant Size Distribution
227 grants across all recorded years
The most common grant size was under $50K: 217 grants of 227 (96%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars were concentrated among recipients in Massachusetts (61%), Indiana (14%), and Virginia (14%). New Hampshire and Connecticut each accounted for 2%. Its listed 2024 grants also included recipients in California, Arizona, Michigan, New Jersey, and other states.
Grant Distribution by State
Share of 2024 grant dollars across all 57 itemized grants.
States
Cities
Is Jae S Lim Foundation open to new grantees?
4%
first-time grantees, 2024
In 2024, 2 of 54 grantees (4%) were first-time recipients. First grants averaged $127K; repeat grants $29K. How we count
Medians: $127K first-time, $4K repeat.
- 96% of 2024 grantees were also funded in 2023. Method
- Giving grew 194% from 2021 to 2024. Method
- In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $601K (2021) to $1.8M (2023). In 2024 it made 57 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Boston, MA | Lim Family Fund | $1,000,000 |
| Indiana University Foundation Indianapolis, IN | K.H. Choi Molecular and Cellular Biochemistry Graduate Student Support Fund | $250,000 |
| Washington & Lee University Lexington, VA | Taeho Lim '06 Professional Development Endowment fund | $250,000 |
| Lucile Packard Foundation for Childrens Health Palo Alto, CA | Pediatrics Internship Program at Stanford - PIPS Summer 2025 | $25,600 |
| University of New Hampshire Foundation Incorporate Durham, NH | 2024 HighTech Bound Intern Wages | $14,000 |
| University of Arizona Foundation Tucson, AZ | 2024 KEYS Research Internship | $11,000 |
| Regents of the University of Michigan Ann Arbor, MI | Summer 2025 Aspirnaut Student Stipends | $9,000 |
| Regents of the University of Michigan Ann Arbor, MI | Summer 2024 Aspirnaut Student Stipends | $9,000 |
| Mahwah High School Mahwah, NJ | Mitchell Modisett Science Fund | $5,000 |
| Mahwah High School Mahwah, NJ | Kurt Kuehn Mathematics Fund | $5,000 |
Ready to take the next step with Jae S Lim Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $23,576,919 | $4,443,766 | $2,066,288 | $1,767,400 | 57 | $2,006,276 | $2,276,410 | $1,729,848 |
| 2023 | $21,199,818 | $2,802,860 | $2,035,014 | $1,782,500 | 56 | $2,013,287 | $1,948,199 | $1,409,388 |
| 2022 | $20,433,930 | $696,857 | $1,136,573 | $903,400 | 44 | $1,114,688 | $568,779 | $1,404,658 |
| 2021 | $20,871,182 | $2,472,286 | $836,634 | $601,000 | 35 | $800,035 | $1,771,433 | $1,453,714 |
| 2020 | $19,235,613 | $4,304,496 | $1,132,886 | $870,000 | 35 | — | $4,327,890 | $1,045,030 |
Under IRS private-foundation payout rules, Jae S Lim Foundation reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is available here. Its 2024 grants show support for higher-education funds and student programs, as well as high school math and science prizes. For example, the foundation gave $250,000 to Indiana University Foundation for the K.H. Choi Molecular and Cellular Biochemistry Graduate Student Support Fund and $4,000 to Agawam High School for its 2024–25 Math & Science Prizes Program.
Indiana University Foundation describes its mission as maximizing private philanthropic support for Indiana University through stakeholder relationships, advancement leadership, and fundraising services. University of Arizona Foundation, which received $11,000, says it supports and enhances the University of Arizona’s vision, mission, and values through developing and managing private support.
Grantmaking
In filing year 2024, the foundation reported 57 grants totaling $1,767,400. Grant amounts ranged from $4,000 to $1,000,000, with a median of $4,000. The largest grants included $1,000,000 to Fidelity Investments Charitable Gift Fund for the Lim Family Fund, and $250,000 each to Indiana University Foundation for graduate student support and Washington & Lee University for the Taeho Lim ’06 Professional Development Endowment Fund. Other reported awards included $25,600 for the Pediatrics Internship Program at Stanford and $14,000 for University of New Hampshire Foundation’s 2024 HighTech Bound Intern Wages.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jae S Lim as a director and Taeho Lim as secretary, director, and president.
Jae S Lim Foundation is led by Taeho Lim, Secretary, Director & President since 2021 (on filings since 2020); 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Taeho Lim
Secretary, Director & President
Secretary, Director & Pres** → Secretary, Director & President, 2021
On filings since 2020
32 hrs/week
$85K (2020) → $111K (2024)
Jae S Lim
Director
Director & Pres* → Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $111K, to Taeho Lim (Sec, Dir, Pres).
Frequently asked questions about Jae S Lim Foundation
How much does Jae S Lim Foundation give each year?
Jae S Lim Foundation gave $1.8M across 57 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 56 grants.
What is Jae S Lim Foundation's typical grant size?
Jae S Lim Foundation's median grant in 2024 was $4,000, and its average grant was $31,007, across 57 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Jae S Lim Foundation that year got $127K on average.
Where does Jae S Lim Foundation give grants?
Jae S Lim Foundation gives mostly in Massachusetts: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Indiana (14%) and Virginia (14%). The most frequent recipient cities were Mahwah, NJ (3 grants), Ann Arbor, MI (2 grants), Clearwater, FL (2 grants) and Portland, ME (2 grants).
Does Jae S Lim Foundation give general operating support?
Not in 2024: none of the 57 grants with a stated purpose on Jae S Lim Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Jae S Lim Foundation's largest grantees?
Jae S Lim Foundation's largest 2024 grantees include Fidelity Investments Charitable Gift Fund ($1,000,000), Indiana University Foundation ($250,000) and Washington & Lee University ($250,000), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.
How large is Jae S Lim Foundation?
Jae S Lim Foundation reported $23.6M in total assets on its 2024 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).
What does Jae S Lim Foundation fund?
No mission statement for the foundation is available here. Its 2024 grants show support for higher-education funds and student programs, as well as high school math and science prizes. For example, the foundation gave $250,000 to Indiana University Foundation for the K.H. See mission & focus areas ↑
How do I apply for a grant from Jae S Lim Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Jae S Lim Foundation's EIN?
Jae S Lim Foundation's EIN (Employer Identification Number) is 27-2910858. IRS Form 990 filing data is available on this page for 2020–2024.
Does Jae S Lim Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Jae S Lim Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Jae S Lim Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Deloitte Foundation
Stamford, CT
The Deloitte Foundation funds U.S. education initiatives, including scholarships, curriculum and faculty support, mentoring, and grants to education nonprofits and universities, particularly through local programs in about 30 selected locations. Its 2025 grants had a median of $50,000, and it does not accept unsolicited requests for its Local Impact Grant Program.
Assets
$51.4M
Grants
121
Total Given
$32.5M
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). Jae S Lim Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/jae-s-lim-foundation-morg_70534f731a2642ec81c71d0269c05998
BibTeX
@misc{grantable_272910858_2026,
author = {{Grantable}},
title = {{Jae S Lim Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jae-s-lim-foundation-morg_70534f731a2642ec81c71d0269c05998},
note = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Jae S Lim Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Jae S Lim Foundation down — hundreds of funders to go?