Jay and Sarah Flatley Foundation
The Jay and Sarah Flatley Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing reports grants to charitable organizations including educational institutions, research and health organizations, and other organizations.
Jay and Sarah Flatley Foundation at a glance
In short: Jay and Sarah Flatley Foundation gave $1.5M across 12 grants in 2024 (avg $123K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,477,500
- +13.5% vs 2023
- Grants made (2024)
- 12
- +0.0% vs 2023
- Average grant
- $123,125
- +13.5% vs 2023
- Median grant
- $50,000
- Total assets
- $26,411,084
- -0.5% vs 2023
- Primary geography
- California (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Jay and Sarah Flatley Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- 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 Jay and Sarah Flatley Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was GS Donor Advised Philanthropy Fund for Wealth Mana ($500K). Together the top 9 received $1.5M.
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 28 grants of 62 (45%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars went to recipients in California (51%), New York (34%), Texas (12%), and Arizona (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
How Jay and Sarah Flatley Foundation gives
- Giving grew 88% from 2021 to 2024. Method
- In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $787K (2021) to $1.5M (2024). In 2024 it made 12 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| GS Donor Advised Philanthropy Fund for Wealth Mana New York, NY | General & Unrestricted | $500,000 |
| Salk Institute for Biological Studies La Jolla, CA | to support neurology research and to the building fund | $250,000 |
| Claremont-McKenna College Claremont, CA | Robert Day Sciences Center, Jay '74 and Sarah Flatley Classroom | $200,000 |
| Texas Christian University Fort Worth, TX | to Athletic Performance Center and to School of Nursing | $175,000 |
| U C San Diego Foundation La Jolla, CA | Moore's Cancer Center | $100,000 |
| Center for American Greatness Inc Phoenix, AZ | General & Unrestricted | $50,000 |
| Salk Institute for Biological Studies La Jolla, CA | Symphony at Salk | $50,000 |
| Scripps Health La Jolla, CA | toward Scripps cardiac and to general Scripps Health | $50,000 |
| U C San Diego Foundation La Jolla, CA | Alzheimer's research | $50,000 |
| Stanford University Stanford, CA | General & Unrestricted | $25,000 |
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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 | $26,411,084 | $1,588,121 | $1,723,906 | $1,477,500 | 12 | $1,545,031 | $1,425,324 | $1,724,023 |
| 2023 | $26,532,400 | $1,476,521 | $1,568,489 | $1,302,000 | 12 | $1,367,625 | $2,150,076 | $1,530,470 |
| 2022 | $26,640,321 | $3,942,929 | $1,480,854 | $1,276,000 | 16 | $1,343,452 | $3,082,540 | $1,349,652 |
| 2021 | $24,167,003 | $3,840,223 | $967,143 | $787,000 | 10 | $849,090 | $1,778,553 | $1,352,115 |
| 2020 | $21,313,140 | $3,824,509 | $1,006,000 | $831,000 | 12 | — | $2,848,786 | $1,019,960 |
Under IRS private-foundation payout rules, Jay and Sarah Flatley 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 provided. Its 2024 grants included support for neurology and Alzheimer’s research, cancer care, education, athletic facilities, and other purposes.
Texas Christian University, a 2024 grantee, describes itself as an institution of higher education with academic units including nursing and health sciences; its stated mission is to educate individuals to think and act as ethical leaders and responsible citizens. Center for American Greatness, another 2024 grantee, states that its mission is to defend limited, constitutional government and the American constitutional order.
Grantmaking
In 2024, the foundation gave $1,477,500 through 12 grants. Grant amounts ranged from $2,500 to $500,000, with a median grant of $50,000.
Notable 2024 grants included $500,000 to GS Donor Advised Philanthropy Fund for Wealth Management for general and unrestricted purposes; $250,000 to the Salk Institute for Biological Studies for neurology research and its building fund; $200,000 to Claremont-McKenna College for the Robert Day Sciences Center and the Jay ’74 and Sarah Flatley Classroom; and $175,000 to Texas Christian University for its Athletic Performance Center and School of Nursing. Other grants included $100,000 to the UC San Diego Foundation for Moore’s Cancer Center and $50,000 to Center for American Greatness for general and unrestricted purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jay Flatley as director, co-president, secretary, and treasurer, and Sarah Flatley as co-president and director.
Jay and Sarah Flatley Foundation is led by Jay Flatley, Director, Co- President, Secretary & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jay Flatley
Director, Co- President, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Sarah Flatley
Co- President & Director
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.
Frequently asked questions about Jay and Sarah Flatley Foundation
How much does Jay and Sarah Flatley Foundation give each year?
Jay and Sarah Flatley Foundation gave $1.5M across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 12 grants.
What is Jay and Sarah Flatley Foundation's typical grant size?
Jay and Sarah Flatley Foundation's median grant in 2024 was $50,000, and its average grant was $123,125, across 12 grants on its 2024 IRS Form 990-PF.
Where does Jay and Sarah Flatley Foundation give grants?
Jay and Sarah Flatley Foundation gives mostly in California: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (34%) and Texas (12%). The most frequent recipient cities were La Jolla, CA (5 grants) and Claremont, CA (2 grants).
Does Jay and Sarah Flatley Foundation give general operating support?
Yes: 42% of Jay and Sarah Flatley Foundation's 2024 grants with a stated purpose (5 of 12) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Jay and Sarah Flatley Foundation's largest grantees?
Jay and Sarah Flatley Foundation's largest 2024 grantees include GS Donor Advised Philanthropy Fund for Wealth Mana ($500,000), Salk Institute for Biological Studies ($300,000 across 2 grants) and Claremont-McKenna College ($202,500 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Jay and Sarah Flatley Foundation?
Jay and Sarah Flatley Foundation reported $26.4M in total assets on its 2024 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Jay and Sarah Flatley Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for neurology and Alzheimer’s research, cancer care, education, athletic facilities, and other purposes. See mission & focus areas ↑
How do I apply for a grant from Jay and Sarah Flatley Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Jay and Sarah Flatley Foundation's EIN?
Jay and Sarah Flatley Foundation's EIN (Employer Identification Number) is 81-3855993. IRS Form 990 filing data is available on this page for 2020–2024.
Does Jay and Sarah Flatley 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
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Cite this profile
Grantable. (2026). Jay and Sarah Flatley Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/jay-and-sarah-flatley-foundation-morg_1f8a7d912fbf4d989d38aa8bd71ac976
BibTeX
@misc{grantable_813855993_2026,
author = {{Grantable}},
title = {{Jay and Sarah Flatley Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jay-and-sarah-flatley-foundation-morg_1f8a7d912fbf4d989d38aa8bd71ac976},
note = {Accessed 2026-10-11. 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 Jay and Sarah Flatley 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.
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