Jaye Penny Gould Foundation
The Jaye Penny Gould Foundation is a private foundation based in New York, NY. In 2024, it reported 16 grants totaling $206,724 to organizations in areas including music, education, youth athletics, child and family services, human services, and medical research.
Jaye Penny Gould Foundation at a glance
In short: Jaye Penny Gould Foundation gave $207K across 16 grants in 2024 (avg $13K), mostly in New York. 31% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $206,724
- -5.6% vs 2023
- Grants made (2024)
- 16
- +14.3% vs 2023
- Average grant
- $12,920
- -17.4% vs 2023
- Median grant
- $2,500
- Total assets
- $3,356,311
- -1.1% vs 2023
- New grantees (estimate)
- 31% first-time grantees (5 of 16, 2024; small sample)
- Primary geography
- New York (82% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Jaye Penny Gould Foundation
- How to Apply
-
Submit a one- to two-page description of the organization’s goals and activities to Francis J Harvey Jr. The filing lists no restrictions on awards.
- Review Cycle
- The filing lists November 15 of the tax year. The listed date for the 2024 tax year was November 15, 2024, and has passed.
- Deadline
- The filing lists November 15 of the tax year.
- Contact
Application contact: Francis J Harvey Jr
Mailing address: 320 West End Avenue 6B, New York, NY 10023
Phone: (212) 873-1601
Email: fharvey@fjhlaw.net
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Jaye Penny Gould Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Young Peoples Chorus ($75K). Together the top 10 received $195K.
Organizations only. It also paid 1 grant to individuals ($6,000), which are not listed by name.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 44 grants of 57 (77%).
Geographic Focus
Where this funder awards grants
In 2024, 82% of grant dollars went to recipients in New York, 12% to Massachusetts, 3% to New Jersey, 1% to Illinois, and 1% to California.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
Cities
Is Jaye Penny Gould Foundation open to new grantees?
31%
first-time grantees, 2024
In 2024, 5 of 16 grantees (31%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $7K; repeat grants $15K. How we count
Medians: $3K first-time, $3K repeat.
- 63% of 2024 grantees were also funded in 2023. Method
- Giving grew 39% from 2021 to 2024. Method
- In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $149K (2021) to $275K (2020). In 2024 it made 16 grants totaling $207K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Young Peoples Chorus New York, NY | Music Educationmusic Education | $75,000 |
| New York Philharmonic New York, NY | Music Education | $50,000 |
| College of the Holy Cross Worcester, MA | For Scholarships | $25,000 |
| The Carnegie Hall Corporation New York, NY | MUSIC | $25,000 |
| 1 grant to individuals Recipients not named | — | $6,000 |
| Belmont Child Care Association Elmont, NY | Child Services | $5,000 |
| St Dominic's Family Services Bronx, NY | Family Services | $5,000 |
| Alzheimer's Association Chicago, IL | Medical Research | $2,500 |
| Fund for Stepanic High School White Plains, NY | Education | $2,500 |
| House of the Redeemer New York, NY | Human Services | $2,500 |
Ready to take the next step with Jaye Penny Gould Foundation?
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 | $3,356,311 | $203,618 | $239,795 | $206,724 | 16 | $206,724 | $203,618 | $176,565 |
| 2023 | $3,393,354 | $-6,238 | $246,799 | $219,000 | 14 | $219,000 | $63,429 | $159,329 |
| 2022 | $3,646,164 | $392,049 | $248,545 | $205,500 | 9 | $205,500 | $119,665 | $167,185 |
| 2021 | $3,502,311 | $558,315 | $177,836 | $149,120 | 6 | $149,120 | $365,315 | $177,432 |
| 2020 | $3,122,127 | $197,413 | $295,518 | $274,850 | 12 | — | $51,040 | $148,607 |
Under IRS private-foundation payout rules, Jaye Penny Gould Foundation reported a distributable amount of $177K 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 music organizations, schools, youth athletics, child care and family services, and medical research.
Grantee descriptions illustrate the range of organizations supported. Belmont Child Care Association says it provides a safe, supportive, academically inspiring environment for children of parents working at thoroughbred racing tracks. House of the Redeemer describes its mission as offering a setting for reflection, study, fellowship, and prayer. The Pancreatic Cancer Action Network says it works to improve the lives of people affected by pancreatic cancer through research, community-building, knowledge-sharing, and advocacy.
Grantmaking
In 2024, the foundation made 16 grants totaling $206,724. Grants ranged from $500 to $75,000, with a median of $2,500.
The largest grants included $75,000 to Young Peoples Chorus for music education, $50,000 to the New York Philharmonic for music education, $25,000 to College of the Holy Cross for scholarships, and $25,000 to The Carnegie Hall Corporation for music. Other grants included $6,000 to Princeton Soccer Academy – an individual recipient for youth athletics; $5,000 each to Belmont Child Care Association and St Dominic’s Family Services; and $2,500 each to Alzheimer’s Association, Fund for Stepanic High School, House of the Redeemer, and Pancreatic Cancer Action Network.
The 2024 filing states that the foundation does not restrict giving to preselected organizations. It lists Francis J Harvey Jr as the application contact and requests a one- to two-page submission describing the organization’s goals and activities. The filing lists no restrictions on awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Francis J Harvey Jr as trustee.
Jaye Penny Gould Foundation is led by Francis J. Harvey Jr., Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Francis J. Harvey Jr.
Trustee
On filings since 2020
3 hrs/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 Jaye Penny Gould Foundation
How much does Jaye Penny Gould Foundation give each year?
Jaye Penny Gould Foundation gave $207K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $219K across 14 grants.
What is Jaye Penny Gould Foundation's typical grant size?
Jaye Penny Gould Foundation's median grant in 2024 was $2,500, and its average grant was $12,920, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Jaye Penny Gould Foundation that year got $7K on average.
Where does Jaye Penny Gould Foundation give grants?
Jaye Penny Gould Foundation gives mostly in New York: 82% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (12%). The most frequent recipient cities were New York, NY (7 grants).
Does Jaye Penny Gould Foundation give general operating support?
Not in 2024: none of the 16 grants with a stated purpose on Jaye Penny Gould Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Music Education" (3 grants).
Who are Jaye Penny Gould Foundation's largest grantees?
Jaye Penny Gould Foundation's largest 2024 grantees include Young Peoples Chorus ($75,000), New York Philharmonic ($50,000) and College of the Holy Cross ($25,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($6,000), which are not listed by name. Together they received 73% of its itemized 2024 grant dollars.
How large is Jaye Penny Gould Foundation?
Jaye Penny Gould Foundation reported $3.4M in total assets on its 2024 IRS Form 990-PF. It paid out $207K in qualifying distributions that year, against a required minimum of $177K (roughly 5% of its investment assets).
What does Jaye Penny Gould Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for music organizations, schools, youth athletics, child care and family services, and medical research. See mission & focus areas ↑
How do I apply for a grant from Jaye Penny Gould Foundation?
Submit a one- to two-page description of the organization’s goals and activities to Francis J Harvey Jr. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Jaye Penny Gould Foundation's EIN?
Jaye Penny Gould Foundation's EIN (Employer Identification Number) is 46-4911373. IRS Form 990 filing data is available on this page for 2020–2024.
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
Explore Open Grants
Browse active grant opportunities in Jaye Penny Gould Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New York
Select Equity Group Foundation
New York, NY
The foundation supports charitable organizations in advocacy and civil rights, arts and culture, education and youth development, the environment, health, human services, and international development, locally, nationally, and internationally. In 2025, grants ranged from $30 to $500,000, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$44.7M
Grants
854
Total Given
$7.3M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
LISC funds affordable housing, community development, small businesses, and related efforts that strengthen inclusive communities, providing grants as well as loans, equity, and technical assistance across the country. Its 2024 grants had a median award of $40,000, though amounts varied widely. Application access is program-specific: for its Rhode Island child care facilities planning grants, applicants are instructed to consult program staff before submitting a request.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports human rights and social and economic justice, including work on climate, the environment, civic engagement, and Jewish causes, in the United States and internationally. Its 2024 grants had a median of $200,000, with amounts ranging from $500 to $9.75 million. It funds only preselected organizations and does not accept unsolicited requests; it plans to end grantmaking by the end of 2028.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
More Funders in New York
Cite this profile
Grantable. (2026). Jaye Penny Gould Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/jaye-penny-gould-foundation-morg_4e53744a4778447a8e2895ff1aa7a28b
BibTeX
@misc{grantable_464911373_2026,
author = {{Grantable}},
title = {{Jaye Penny Gould Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jaye-penny-gould-foundation-morg_4e53744a4778447a8e2895ff1aa7a28b},
note = {Accessed 2026-10-15. 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 Jaye Penny Gould 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.
Jaye Penny Gould Foundation down — hundreds of funders to go?