Jay P Okun Foundation Inc

Private foundation · Grantmaker South Amboy, NJ EIN: 20-0492126

Jay P Okun Foundation Inc is a private foundation, based in South Amboy, NJ. IRS filing data is available from 2019 through 2023. In 2023, it awarded 2 grants totaling $231K.

Jay P Okun Foundation Inc at a glance

In short: Jay P Okun Foundation Inc gave $231K across 2 grants in 2023 (avg $116K), mostly in Delaware. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$231,228
+3753.8% vs 2022
Grants made (2023)
2
-50.0% vs 2022
Average grant
$115,614
+7607.6% vs 2022
Median grant
$115,614
Primary geography
Delaware (99% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Jay P Okun Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

American Gift Fund: $229KAmerican Gift Fund$229KCulmore Clinic: $3KCulmore Clinic$3K

The largest 2023 recipient was American Gift Fund ($229K). Together the top 2 received $231K.

Grant Size Distribution

15 grants across all recorded years

14<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 15 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2023 grant dollars across all 2 itemized grants.

Cities

WashingtonSt. LouisNew YorkBethesdaFalls ChurchNeedhamWilmington

How Jay P Okun Foundation Inc gives

  • Giving grew 2983% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$100K$200K$300K3 grants2019 2 grants2020 4 grants2021 4 grants2022 2 grants2023

From 2019 to 2023, annual grant giving ranged from $5K (2019) to $231K (2023). In 2023 it made 2 grants totaling $231K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
American Gift Fund Wilmington, DEGeneral Support$228,728
Culmore Clinic Falls Church, VAGeneral Supportgeneral Supportgeneral Support$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$1,012$233,219$231,2282$231,228—$5,718
2022$232,207$-31,507$7,146$6,0004$6,000—$9,904
2021$270,860$10,776$14,588$13,4004$13,400$9,728$13,299
2020$274,672$10,979$8,632$7,5002—$10,069$13,330
2019$272,325$12,109$6,449$5,3503—$11,103$13,051

Under IRS private-foundation payout rules, Jay P Okun Foundation Inc reported a distributable amount of $6K for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Jay P Okun Foundation Inc's 2023 filing lists 2 officers; none of the 2 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Pilar Ruttenberg

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Carol Falco

    Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Kenneth B. Falk (2019–2021) — Trustee

Data from IRS Form 990 filings, 2019–2023. "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 P Okun Foundation Inc

How much does Jay P Okun Foundation Inc give each year?

Jay P Okun Foundation Inc gave $231K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $6K across 4 grants.

Where does Jay P Okun Foundation Inc operate?

Jay P Okun Foundation Inc has awarded grants in District of Columbia, Delaware, Massachusetts, Maryland, Missouri, New York, Virginia.

How much is Jay P Okun Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Jay P Okun Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jay P Okun Foundation Inc's EIN?

Jay P Okun Foundation Inc's EIN (Employer Identification Number) is 20-0492126. IRS Form 990 filing data is available on this page for 2019–2023.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
  2. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Jay P Okun Foundation Inc'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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