Jennett Family Foundation Inc
Jennett Family Foundation Inc is a private foundation, based in Valdosta, GA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.8M in total assets. Net investment income was $102K.
Jennett Family Foundation Inc at a glance
- Total assets
- $2,819,892
- +92.1% vs 2023
- Revenue (2024)
- $1,356,505
- +75.7% vs 2023
- Net investment income (2024)
- $102,107
- +366.6% vs 2023
- Expenses (2024)
- $4,356
- -92.0% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Jennett Family Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Jennett Family Foundation Inc gives
- In 2023 it paid out 106% of 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
In 2023 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scintilla Charter Academy Valdosta, GA | To Promote Local Educational Opportunities for Children | $50,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,819,892 | $1,356,505 | $4,356 | — | — | — | $102,107 | $90,814 |
| 2023 | $1,467,743 | $771,881 | $54,138 | $50,000 | 1 | $50,000 | $21,881 | $47,136 |
| 2022 | $750,000 | $750,000 | — | — | — | — | — | — |
Under IRS private-foundation payout rules, Jennett Family Foundation Inc reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Jennett Family Foundation Inc is led by Jerry Jennett, President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jerry Jennett
President
On filings since 2022
1 hr/week
No compensation reported
Kay Jennett
Board Member
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Jennett Family Foundation Inc
How large is Jennett Family Foundation Inc?
Jennett Family Foundation Inc reported $2.8M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $1.4M.
Where does Jennett Family Foundation Inc operate?
Jennett Family Foundation Inc has awarded grants in Georgia.
How much is Jennett Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jennett Family Foundation Inc reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jennett Family Foundation Inc's EIN?
Jennett Family Foundation Inc's EIN (Employer Identification Number) is 88-2181959. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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