Jay P Okun Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH AMBOY, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $231K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$231K
+3753.8% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$116K
+7607.6% YoY
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.
About Jay P Okun Foundation Inc
Based on IRS filings
Jay P Okun Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH AMBOY, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $231K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $232,207 | $270,860 |
| Revenue | $1,012 | $-31,507 | $10,776 |
| Expenses | $233,219 | $7,146 | $14,588 |
| Qualifying Distributions | $231,228 | $6,000 | $13,400 |
| Net Investment Income | — | — | $9,728 |
| Distributable Amount | $5,718 | $9,904 | $13,299 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include American Gift Fund ($228,728), Culmore Clinic ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN GIFT FUND WILMINGTON, DE | GENERAL SUPPORT | $228,728 |
| CULMORE CLINIC FALLS CHURCH, VA | GENERAL SUPPORTGENERAL SUPPORTGENERAL SUPPORT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PILAR RUTTENBERG | TRUSTEE | 2 | — |
| CAROL FALCO | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jay P Okun Foundation Inc?
Jay P Okun Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH AMBOY, NJ. It holds — in total assets as of 2023.
Where does Jay P Okun Foundation Inc operate?
Jay P Okun Foundation Inc has awarded grants in District of Columbia, Delaware, Maryland, Missouri, New York, Virginia.
What size grants does Jay P Okun Foundation Inc award?
In 2023, Jay P Okun Foundation Inc awarded 2 grants totaling $231K — an average of about $116K per grant, based on its IRS Form 990 filings.
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 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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