Jean Axelrod Memorial Foundation Inc
Jean Axelrod Memorial Foundation Inc is a private foundation, based in Olney, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 4 grants totaling $37K. Net investment income was $237K.
Jean Axelrod Memorial Foundation Inc at a glance
In short: Jean Axelrod Memorial Foundation Inc gave $37K across 4 grants in 2025 (avg $9K), top state Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $37,000
- -52.6% vs 2024
- Grants made (2025)
- 4
- -33.3% vs 2024
- Average grant
- $9,250
- -28.8% vs 2024
- Median grant
- $10,500
- Total assets
- $1,916,613
- +11.6% vs 2024
- Primary geography
- Ohio (41% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Jean Axelrod Memorial Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Plateau State Association- USA ($15K). Together the top 4 received $37K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 28 grants of 29 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Jean Axelrod Memorial Foundation Inc gives
- Giving fell 68% from 2022 to 2025. Method
- In 2025 it paid out 40% 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 2019 to 2025, annual grant giving ranged from $37K (2025) to $114K (2022). In 2025 it made 4 grants totaling $37K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Plateau State Association- USA Columbus, OH | Charitable | $15,000 |
| Pach Inc San Clemente, CA | Charitable | $11,000 |
| NAACP Legal Defense Educational Fun Washington, DC | Charitable | $10,000 |
| Chance of Academy Washngton, DC | Charitable | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,916,613 | $257,122 | $58,617 | $37,000 | 4 | $38,783 | $237,288 | $97,210 |
| 2024 | $1,718,108 | $163,487 | $99,715 | $78,000 | 6 | $80,619 | $144,390 | $91,655 |
| 2023 | $1,654,336 | $117,714 | $88,785 | $57,000 | 6 | $58,522 | $100,102 | $85,250 |
| 2022 | $1,625,407 | $542,729 | $135,649 | $114,000 | 6 | $124,451 | $531,531 | $88,223 |
| 2021 | $1,218,327 | $136,829 | $134,167 | $113,800 | 7 | — | $126,581 | $97,491 |
| 2020 | $1,215,665 | $63,151 | $93,540 | $68,800 | 8 | — | $53,720 | $86,111 |
| 2019 | $1,246,054 | $190,337 | $67,607 | $50,000 | 9 | — | $182,001 | $76,707 |
Under IRS private-foundation payout rules, Jean Axelrod Memorial Foundation Inc reported a distributable amount of $97K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Jean Axelrod Memorial Foundation Inc is led by Shelby Shapiro, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Shelby Shapiro
President
On filings since 2019
5 hrs/week
No compensation reported
Marti Bornstein MD
Vice President
On filings since 2019
5 hrs/week
No compensation reported
Dianne Samu- Graves
Treasurer
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (1)
- Former: Mark Shapiro (2019–2024) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "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 Jean Axelrod Memorial Foundation Inc
How much does Jean Axelrod Memorial Foundation Inc give each year?
Jean Axelrod Memorial Foundation Inc gave $37K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $78K across 6 grants.
What is Jean Axelrod Memorial Foundation Inc's typical grant size?
Jean Axelrod Memorial Foundation Inc's median grant in 2025 was $10,500, and its average grant was $9,250, across 4 grants on its 2025 IRS Form 990-PF.
Where does Jean Axelrod Memorial Foundation Inc give grants?
Jean Axelrod Memorial Foundation Inc's top state is Ohio, with 41% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were District of Columbia (30%) and California (30%).
Does Jean Axelrod Memorial Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Jean Axelrod Memorial Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).
How large is Jean Axelrod Memorial Foundation Inc?
Jean Axelrod Memorial Foundation Inc reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $39K in qualifying distributions that year, against a required minimum of $97K (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 is Jean Axelrod Memorial Foundation Inc's EIN?
Jean Axelrod Memorial Foundation Inc's EIN (Employer Identification Number) is 52-1665836. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS January 8, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 12, 2026)
- IRS filings on file for fiscal years 2020–2024
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