Jaffe Foundation

Foundation · Grantmaker Portsmouth, NH EIN: 06-1469004

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

10states

Share of all 8 itemized 2024 grant dollars.

Cities

GuilfordNew HavenNew YorkBenningtonGainesvilleKentPiscatawayWorcesterAlamedaBaltimoreWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M6 grants20203 grants20215 grants20229 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

The Teaching Lab: $751KThe Teaching Lab$751KFriends Center for Children: $100KFriends Center for Children$100KPaloma Learning Inc: $100KPaloma Learning Inc$100KRutgers The State University: $63KRutgers The State University$63KKent State University: $51KKent State University$51KGuilford Foundation: $50KGuilford Foundation$50KWomen's Health Research at Yale: $50KWomen's Health Research atYale$50KUniversity of Florida Foundation: $48KUniversity of FloridaFoundation$48K

Grant Size Distribution

31 grants across all recorded years

6<$50K14$50–100K6$100–250K4$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Teaching Lab Washington, DCGENERAL SUPPORT$750,623
Friends Center for Children Guilford, CTGENERAL SUPPORT$100,000
Paloma Learning Inc Alameda, CAThis 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, NJGENERAL SUPPORT$63,133
Kent State University Kent, OHGENERAL SUPPORT$50,964
Guilford Foundation Guilford, CTGENERAL SUPPORT$50,317
Women's Health Research at Yale New Haven, CTGENERAL SUPPORT$50,000
University of Florida Foundation Gainesville, FLGENERAL SUPPORT$48,020

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M20202021202220232024
Metric202420232022
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

  1. 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.

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