The Jae S Lim Foundation is a private foundation established in 2011 and based in Wilmington, Delaware. The foundation operates with no employees and focuses on supporting educational initiatives, particularly in STEM fields and higher education.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.6M
+11.2% YoY
Annual Giving
$1.8M
-0.8% YoY
Grant Count
57
+1.8% YoY
Avg Grant Size
$31K
-2.6% YoY
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.
Mission & Focus Areas
The foundation funds three primary areas:
- High School STEM Programs and Internships — Hands-on STEM internships and research opportunities for American high school students
- High School Math & Science Prizes — Recognizing and rewarding top students in math and science at American high schools
- Supporting Higher Education — Establishing and contributing to endowed professorship funds, graduate fellowship funds, and scholarship funds
Grantmaking
The foundation made 35 grants in 2023. Recent grants include:
Ready to take the next step with Jae S Lim Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports American high schools and higher education institutions, with documented grants to universities across multiple states including Michigan, Arizona, and California.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $21,199,818
- Total Revenues: $2,802,860
- Total Expenses: $2,035,014
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,576,919 | $21,199,818 | $20,433,930 |
| Revenue | $4,443,766 | $2,802,860 | $696,857 |
| Expenses | $2,066,288 | $2,035,014 | $1,136,573 |
| Qualifying Distributions | $2,006,276 | $2,013,287 | $1,114,688 |
| Net Investment Income | $2,276,410 | $1,948,199 | $568,779 |
| Distributable Amount | $1,729,848 | $1,409,388 | $1,404,658 |
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
214 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Investments Charitable Gift Fund ($1,000,000), Indiana University Foundation ($250,000), Lucile Packard Foundation for Childrens Health ($25,600).
| Recipient | Purpose | Amount |
|---|---|---|
| AGAWAM HIGH SCHOOL AGAWAM, MA | 2024-25 Agawam Math & Science Prizes Program | $4,000 |
| Arlington High Arlington, MA | 2024-25 Arlington Math & Science Prizes program | $4,000 |
| ATTLEBORO HIGH SCHOOL ATTLEBORO, MA | 2024-25 Attleboro Math & Science Prizes PROGRAM | $4,000 |
| BANGOR HIGH SCHOOL BANGOR, ME | 2024-25 Bangor Math & Science Prizes PROGRAM | $4,000 |
| BARNSTABLE HIGH SCHOOL HYANNIS, MA | 2024-25 Barnstable Math & Science Prizes PROGRAM | $4,000 |
| BONNY EAGLE HIGH SCHOOL STANDISH, ME | 2024-25 Bonny Eagle Math & Science Prizes PROGRAM | $4,000 |
| BRANFORD HIGH SCHOOL BRANFORD, CT | 2024-25 Branford Math & Science Prizes PROGRAM | $4,000 |
| BRISTOL CENTRAL HIGH SCHOOL BRISTOL, CT | 2024-25 Bristol Central Math & Science Prizes PROGRAM | $4,000 |
| Burlington Senior High School Burlington, VT | 2024-25 Burlington Math & Science Prizes PROGRAM | $4,000 |
| CLEARWATER HIGH SCHOOL CLEARWATER, FL | 2024-25 Clearwater Math & Science Prizes PROGRAM | $4,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Taeho Lim serves as President of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jae S Lim | Dir | 1 | — |
| Taeho Lim | Sec, Dir, Pres | 32 | $111,467 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Jae S Lim Foundation fund?
The foundation funds three primary areas: • **High School STEM Programs and Internships** — Hands-on STEM internships and research opportunities for American high school students • **High School Math & Science Prizes** — Recognizing and rewarding top students in math and science at American high schools • **Supporting Higher Education** — Establishing and contributing to endowed professorship funds, graduate fellowship funds, and scholarship funds
How do I apply for a grant from Jae S Lim Foundation?
The foundation made 35 grants in 2023. Recent grants include: | Grantee | Grant Description | Year | Amount | |---------|-------------------|------|--------| | Lucile Packard Foundation for Children's Health | Pediatrics Internship Program at Stanford | 2023 | $24,000 | | Regents of the University of Michigan | Summer 2023 Aspirnaut Student Stipends | 2023 | $6,000 | | University of Arizona Foundation | 2023 Keys Research Internship | 2023 | $5,500 | The foundation has historically funded music…
Where does Jae S Lim Foundation make grants?
The foundation supports American high schools and higher education institutions, with documented grants to universities across multiple states including Michigan, Arizona, and California.
What size grants does Jae S Lim Foundation award?
In 2024, Jae S Lim Foundation awarded 57 grants totaling $1.8M — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Jae S Lim Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jae S Lim Foundation reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Jae S Lim Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Jae S Lim 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 Jae S Lim Foundation to a real strategy.