Jaffe Foundation
Jaffe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Portsmouth, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.2M in total assets. In 2024, it awarded 8 grants totaling $1.2M. Net investment income was $14.8M.
Key facts about Jaffe Foundation
In short: Jaffe Foundation gave $1.2M across 8 grants in 2024 (avg $152K), mostly in District of Columbia. Source: 2024 IRS Form 990-PF.
- EIN
- 06-1469004
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,213,057
- Grants made (2024)
- 8
- Average grant
- $151,632
- Median grant
- $57,049
- Total assets
- $27,246,952
- Primary geography
- District of Columbia (62% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.2M
+143.4% YoY
Annual Giving
$1.2M
+80.4% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$152K
+102.9% YoY
Under IRS private-foundation payout rules, Jaffe Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
How Jaffe Foundation gives
- Giving grew 183% from 2021 to 2024. Method
- In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2024 grant dollars.
States
Cities
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
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Teaching Lab Washington, DC | GENERAL SUPPORT | $750,623 |
| Friends Center for Children Guilford, CT | GENERAL SUPPORT | $100,000 |
| Paloma Learning Inc Alameda, CA | This Grant serves to cover costs related to investigating the efficacy of Paloma Learning in Title I schools, as outlined in the attached documentation. | $100,000 |
| Rutgers The State University Piscataway, NJ | GENERAL SUPPORT | $63,133 |
| Kent State University Kent, OH | GENERAL SUPPORT | $50,964 |
| Guilford Foundation Guilford, CT | GENERAL SUPPORT | $50,317 |
| Women's Health Research at Yale New Haven, CT | GENERAL SUPPORT | $50,000 |
| University of Florida Foundation Gainesville, FL | GENERAL SUPPORT | $48,020 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,246,952 | $11,193,644 | $9,719,304 |
| Revenue | $36,508,735 | $4,812,138 | $3,890,349 |
| Expenses | $1,366,100 | $767,514 | $617,589 |
| Qualifying Distributions | $1,221,858 | $672,519 | $575,251 |
| Net Investment Income | $14,849,441 | $529,760 | $993,809 |
| Distributable Amount | $1,153,304 | $634,624 | $526,425 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Jaffe Foundation is led by Douglas Jaffe, President since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Douglas Jaffe
President
President & Secretary → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Kristin Heavey
Director
On filings since 2021
1 hr/week
No compensation reported
David M. Jaffe
Treasurer & Secretary
Treasurer → Treasurer & Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Amy D. Jaffe (2020) — Director
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.
Frequently asked questions about Jaffe Foundation
How much does Jaffe Foundation give each year?
Jaffe Foundation gave $1.2M across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $673K across 9 grants.
What is Jaffe Foundation's typical grant size?
Jaffe Foundation's median grant in 2024 was $57,049, and its average grant was $151,632, across 8 grants on its 2024 IRS Form 990-PF.
Where does Jaffe Foundation give grants?
Jaffe Foundation gives mostly in District of Columbia: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (17%) and California (8%). The most frequent recipient cities were Guilford, CT (2 grants).
Does Jaffe Foundation give general operating support?
Yes: 88% of Jaffe Foundation's 2024 grants with a stated purpose (7 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Jaffe Foundation's largest grantees?
Jaffe Foundation's largest 2024 grantees include The Teaching Lab ($750,623), Friends Center for Children ($100,000) and Paloma Learning Inc ($100,000), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.
How large is Jaffe Foundation?
Jaffe Foundation reported $27.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).
What is Jaffe Foundation?
Jaffe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Portsmouth, NH. It holds $27.2M in total assets as of 2024.
What is Jaffe Foundation's EIN?
Jaffe Foundation's EIN (Employer Identification Number) is 06-1469004. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Jaffe Foundation by hand.
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