Jean Axelrod Memorial Foundation
Jean Axelrod Memorial Foundation is a private foundation, based in OLNEY, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 6 grants totaling $78K. Net investment income was $144K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+3.9% YoY
Annual Giving
$78K
+36.8% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$13K
+36.8% YoY
Under IRS private-foundation payout rules, Jean Axelrod Memorial Foundation reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.
About Jean Axelrod Memorial Foundation
Based on IRS filings
Jean Axelrod Memorial Foundation is a private foundation, based in OLNEY, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 6 grants totaling $78K. Net investment income was $144K.
Ready to take the next step with Jean Axelrod Memorial Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,718,108 | $1,654,336 | $1,625,407 |
| Revenue | $163,487 | $117,714 | $542,729 |
| Expenses | $99,715 | $88,785 | $135,649 |
| Qualifying Distributions | $80,619 | $58,522 | $124,451 |
| Net Investment Income | $144,390 | $100,102 | $531,531 |
| Distributable Amount | $91,655 | $85,250 | $88,223 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pach Inc ($30,000), Naacp Legal Defense Educational Fun ($20,000), Plateau State Association- Usa ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NAACP LEGAL DEFENSE EDUCATIONAL FUN WASHINGTON, DC | CHARITABLE | $20,000 |
| 46TH ST CLUB HOUSE NEW YORK, NY | CHARITABLE | $5,000 |
| CHANCE OF ACADEMY WASHNGTON, DC | CHARITABLE | $8,000 |
| HADASSAH THE WOMEN'S ZIONST ORGANIZ NEW YORK, NY | CHARITABLE | $5,000 |
| PLATEAU STATE ASSOCIATION- USA COLUMBUS, OH | CHARITABLE | $10,000 |
| PACH INC SAN CLEMENTE, CA | CHARITABLE | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHELBY SHAPIRO | President | 5 | — |
| MARK SHAPIRO | Treasurer | 5 | — |
| MARTI BORNSTEIN MD | Vice President | 5 | — |
Frequently Asked Questions
How large is Jean Axelrod Memorial Foundation?
As of 2024, Jean Axelrod Memorial Foundation holds $1.7M in total assets with $163K in annual revenue. It awarded 6 grants totaling $78K in 2024.
Where does Jean Axelrod Memorial Foundation operate?
Jean Axelrod Memorial Foundation has awarded grants in California, Connecticut, District of Columbia, Maryland, Michigan, New York, Ohio, Virginia.
What size grants does Jean Axelrod Memorial Foundation award?
In 2024, Jean Axelrod Memorial Foundation awarded 6 grants totaling $78K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Jean Axelrod Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jean Axelrod Memorial Foundation reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jean Axelrod Memorial Foundation's EIN?
Jean Axelrod Memorial Foundation's EIN (Employer Identification Number) is 52-1665836. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jean Axelrod Memorial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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