Jephson Educational Trust #2 XXXXX1004
Jephson Educational Trust #2 XXXXX1004 is a private foundation based in Chicago, Illinois. Its 2025 grants went to educational institutions, arts organizations, and other charitable organizations, with the largest share of grant dollars going to recipients in New York.
Jephson Educational Trust #2 XXXXX1004 at a glance
In short: Jephson Educational Trust #2 XXXXX1004 gave $487K across 36 grants in 2025 (avg $14K), mostly in New York. 11% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $487,000
- +6.4% vs 2024
- Grants made (2025)
- 36
- +5.9% vs 2024
- Average grant
- $13,528
- +0.5% vs 2024
- Median grant
- $10,000
- Total assets
- $8,445,948
- +3.2% vs 2024
- New grantees (estimate)
- 11% first-time grantees (4 of 36, 2025)
- Primary geography
- New York (67% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Jephson Educational Trust #2 XXXXX1004
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Jephson Educational Trust #2 XXXXX1004 funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Keuka College ($127K). Together the top 10 received $299K.
Grant Size Distribution
191 grants across all recorded years
The most common grant size was under $50K: 188 grants of 191 (98%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went primarily to recipients in New York (67%), followed by Vermont (11%), Pennsylvania (7%), Massachusetts (6%), and New Jersey (5%).
Grant Distribution by State
Share of 2025 grant dollars across all 36 itemized grants.
States
Cities
Is Jephson Educational Trust #2 XXXXX1004 open to new grantees?
11%
first-time grantees, 2025
In 2025, 4 of 36 grantees (11%) were first-time recipients. First grants averaged $6K; repeat grants $15K. How we count
Medians: $5K first-time, $10K repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−3%). Method
- In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2019 to 2025, annual grant giving ranged from $458K (2024) to $503K (2023). In 2025 it made 36 grants totaling $487K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Keuka College New York, NY | General | $127,000 |
| Metropolitan Opera Association New York, NY | General | $30,000 |
| Long Trail School Inc Dorset, VT | General | $20,000 |
| New York Philharmonic- Symphony Society New York, NY | General | $20,000 |
| American Composers Orchestra Inc New York, NY | General | $20,000 |
| University of Vermont and Burlington, VT | General | $20,000 |
| Bach Choir of Bethlehem Bethlehem, PA | General | $17,500 |
| Norwich University Northfield, VT | General | $15,000 |
| National Technical Institute Rochester, NY | General | $15,000 |
| Seeing Eye Morristown, NJ | General | $14,400 |
Ready to take the next step with Jephson Educational Trust #2 XXXXX1004?
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 | $8,445,948 | $917,543 | $654,206 | $487,000 | 36 | $563,501 | $765,333 | $596,187 |
| 2024 | $8,181,323 | $304,892 | $625,625 | $457,500 | 34 | $535,224 | $198,155 | $566,428 |
| 2023 | $8,502,044 | $551,905 | $657,816 | $502,990 | 40 | $574,405 | $455,799 | $527,817 |
| 2022 | $8,608,149 | $477,107 | $665,199 | $499,500 | 42 | $575,511 | $379,245 | $579,268 |
| 2021 | $8,796,240 | $419,264 | $631,757 | $471,500 | 39 | — | $339,003 | $593,898 |
| 2020 | $9,008,733 | $351,002 | $622,987 | $461,500 | 38 | — | $259,364 | $536,540 |
| 2019 | $9,280,715 | $629,806 | $626,303 | $467,500 | 37 | — | $521,050 | $525,209 |
Under IRS private-foundation payout rules, Jephson Educational Trust #2 XXXXX1004 reported a distributable amount of $596K for 2025 — 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 2025 grants show support for colleges and schools, music and cultural organizations, and organizations serving people with disabilities. For example, Keuka College describes its mission as creating exemplary citizens and leaders, while the American Composers Orchestra says it performs, presents, commissions, records, and disseminates American orchestral music and provides composer development and educational activities. Long Trail School describes its mission as providing a college-preparatory curriculum in a supportive environment.
Grantmaking
In 2025, the foundation made 36 grants totaling $487,000. Grant amounts ranged from $600 to $127,000, with a median of $10,000. The largest award was $127,000 to Keuka College. Other notable grants included $30,000 to the Metropolitan Opera Association; $20,000 each to Long Trail School, the New York Philharmonic-Symphony Society, the American Composers Orchestra, and the University of Vermont; and $17,500 to the Bach Choir of Bethlehem. The Bach Choir describes its mission as inspiring and enriching people through the music of J.S. Bach and related composers, with a focus on performance, education, and sustaining communities.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John F Parkin, Robert Scott Johnston, and Robert D Taisey as co-trustees.
Jephson Educational Trust #2 XXXXX1004's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
John F. Parkin
Co-Trustee
On filings since 2019
2 hrs/week
$19K (2019) → $20K (2025)
Robert D. Taisey
Co-Trustee
On filings since 2019
2 hrs/week
$19K (2019) → $14K (2025)
Robert Scott Johnston
Co-Trustee
New on the 2025 filing
2 hrs/week
$1K (2025)
Former officers (1)
- Former: JP Morgan Chase Bank N A (2020–2023) — Trustee
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $20K, to John F Parkin (Co-Trustee). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Jephson Educational Trust #2 XXXXX1004
How much does Jephson Educational Trust #2 XXXXX1004 give each year?
Jephson Educational Trust #2 XXXXX1004 gave $487K across 36 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $458K across 34 grants.
What is Jephson Educational Trust #2 XXXXX1004's typical grant size?
Jephson Educational Trust #2 XXXXX1004's median grant in 2025 was $10,000, and its average grant was $13,528, across 36 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Jephson Educational Trust #2 XXXXX1004 that year got $6K on average.
Where does Jephson Educational Trust #2 XXXXX1004 give grants?
Jephson Educational Trust #2 XXXXX1004 gives mostly in New York: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Vermont (11%) and Pennsylvania (7%). The most frequent recipient cities were New York, NY (15 grants) and Rochester, NY (2 grants).
Does Jephson Educational Trust #2 XXXXX1004 give general operating support?
Yes: 92% of Jephson Educational Trust #2 XXXXX1004's 2025 grants with a stated purpose (33 of 36) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship" (3 grants).
Who are Jephson Educational Trust #2 XXXXX1004's largest grantees?
Jephson Educational Trust #2 XXXXX1004's largest 2025 grantees include Keuka College ($127,000), Metropolitan Opera Association ($30,000) and Long Trail School Inc ($20,000), according to its 2025 IRS Form 990-PF. Together they received 36% of its itemized 2025 grant dollars.
How large is Jephson Educational Trust #2 XXXXX1004?
Jephson Educational Trust #2 XXXXX1004 reported $8.4M in total assets on its 2025 IRS Form 990-PF. It paid out $564K in qualifying distributions that year, against a required minimum of $596K (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 does Jephson Educational Trust #2 XXXXX1004 fund?
No mission statement for the foundation is provided. Its 2025 grants show support for colleges and schools, music and cultural organizations, and organizations serving people with disabilities. See mission & focus areas ↑
How do I apply for a grant from Jephson Educational Trust #2 XXXXX1004?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Jephson Educational Trust #2 XXXXX1004's EIN?
Jephson Educational Trust #2 XXXXX1004's EIN (Employer Identification Number) is 13-6777236. IRS Form 990 filing data is available on this page for 2019–2025.
Does Jephson Educational Trust #2 XXXXX1004 accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 5, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Jephson Educational Trust #2 XXXXX1004 funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/jephson-educational-trust-2-xxxxx1004-morg_b5bdea94300b4811bb16fa64147a7d29
BibTeX
@misc{grantable_136777236_2026,
author = {{Grantable}},
title = {{Jephson Educational Trust \#2 XXXXX1004 funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jephson-educational-trust-2-xxxxx1004-morg_b5bdea94300b4811bb16fa64147a7d29},
note = {Accessed 2026-10-16. 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 Jephson Educational Trust #2 XXXXX1004'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.
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