Jaffe Foundation

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.

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.

About Jaffe Foundation

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AlamedaBaltimoreBenningtonGainesvilleGuilfordKentNew HavenNew YorkPiscatawayWashingtonWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M20202021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$303K$607K$910K$1M6 grants20203 grants20215 grants20229 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

The Teaching Lab$751KFriends Center for Child…$100KPaloma Learning Inc$100KRutgers The State Univer…$63KKent State University$51KGuilford Foundation$50KWomen's Health Research …$50KUniversity of Florida Fo…$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

Among its reported 2024 grants, the largest include The Teaching Lab ($750,623), Friends Center for Children ($100,000), Paloma Learning Inc ($100,000).

RecipientPurposeAmount
Guilford Foundation Guilford, CTGENERAL SUPPORT$50,317
Friends Center for Children Guilford, CTGENERAL SUPPORT$100,000
Women's Health Research at Yale NEW HAVEN, CTGENERAL SUPPORT$50,000
Kent State University Kent, OHGENERAL SUPPORT$50,964
The Teaching Lab Washington, DCGENERAL SUPPORT$750,623
Rutgers The State University Piscataway, NJGENERAL SUPPORT$63,133
University of Florida Foundation Gainesville, FLGENERAL SUPPORT$48,020
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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID M JAFFETREASURER/SECRETARY1
DOUGLAS JAFFEPRESIDENT1
KRISTIN HEAVEYDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is Jaffe Foundation?

As of 2024, Jaffe Foundation holds $27.2M in total assets with $36.5M in annual revenue. It awarded 8 grants totaling $1.2M in 2024.

Where does Jaffe Foundation operate?

Jaffe Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Massachusetts, Maryland, New Jersey, New York, Ohio, Vermont.

What size grants does Jaffe Foundation award?

In 2024, Jaffe Foundation awarded 8 grants totaling $1.2M — an average of about $152K per grant, based on its IRS Form 990 filings.

How much is Jaffe Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jaffe Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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