Jerome Foundation Inc
Jerome Foundation Inc is a private nonoperating foundation based in Saint Paul, Minnesota, established in 1964 by artist and philanthropist Jerome Hill (1905-1972). The foundation supports the creation, development, and presentation of new works by early career artists through multi-year grants and fellowship programs.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$5.3M
-3.4% YoY
Grant Count
168
-8.7% YoY
Avg Grant Size
$32K
+5.8% YoY
Mission & Focus Areas
Jerome Foundation honors Jerome Hill's legacy through multi-year grants to support the creation, development, and presentation of new works by early career artists. The foundation supports early-career artists and culture bearers who take creative risks, pursue innovative artistic approaches, and demonstrate a clear creative purpose and vision. By prioritizing artists at this pivotal stage, the foundation seeks to nurture their creative growth and recognize the dynamic, multi-dimensional impact they have in fostering thriving, evolving communities.
Primary funding areas include:
- Arts and culture
- Dance, literature, media, multidiscipline arts, music, theater, and visual arts
- Film, video, and digital production
- Arts organization support
Grantmaking
Multi-year grants to Minnesota and New York City-based arts organizations that offer ongoing programs, services, and/or opportunities for multiple early career generative artists. A minimum of 75% of each grant will be awarded to support programs, services, and/or opportunities for early-career generative artists; the remaining funds may be used for general operating support.
Ready to take the next step with Jerome Foundation Inc?
Geographic Focus
Where this funder awards grants
Jerome Foundation primarily funds organizations and artists in:
- Minnesota
- New York City
- California (secondary focus area)
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of April 30, 2025:
- Total Assets: $114,729,527
- Total Revenue: $12,583,454
- Total Expenses: $5,219,873
- Net Income: $7,363,581
- Net Assets: $109,234,651
Revenue Composition (FY 2025):
- Dividends: $3,139,484
- Sales of Assets: $9,443,970
As of April 30, 2024:
- Total Assets: $113,178,200
- Total Revenues: $15,353,783
- Total Expenses: $9,982,327
Total Giving: $5,318,510 (based on most recent IRS 990 filing)
Staff: 11 employees
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
250 grants across all recorded years
Open Grants
6 open opportunities from Jerome Foundation Inc
Film, Video, and Digital Production Grants
Jerome Foundation Inc
Amount
Up to US $30,000
Deadline
Rolling / Open
Jerome Foundation: Arts Organization Grants
Jerome Foundation Inc
Amount
Up to US $100,000
Deadline
Rolling / Open
Jerome Hill Artist Fellowships Grant
Jerome Foundation Inc
Amount
US $50,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Color Congress ($100,000), American Composers Forum ($87,500), First Peoples Fund ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AP Looze Saint Paul, MN | Support for Jerome Hill Artist Fellowship (Combined Fields) | $25,000 |
| Alex Bijan Zandi Saint Paul, MN | Support for Jerome Hill Artist Fellowship (Film) | $25,000 |
| Ama Codjoe Saint Paul, MN | Support for residency through the Jerome@Camargo program | $9,000 |
| Amanda Ekery Saint Paul, MN | Support for Jerome Hill Artist Fellowship (Music) | $25,000 |
| Amanda Phingbodhipakkiya Saint Paul, MN | Support for Jerome Hill Artist Fellowship (Visual Arts) | $25,000 |
| American Composers Forum Saint Paul, MN | Support for composers in the ACF | Create program. | $87,500 |
| American Composers Orchestra New York, NY | Support for composers in the EarShot Readings & CoLABoratory Residency program. | $32,500 |
| Ananya Dance Theatre Minneapolis, MN | Support for choreographers in the NextGen Choreolab program. | $32,500 |
| Ananya Dance Theatre Minneapolis, MN | Support for efforts in hosting Minnesota Dance Advocacy meetings. | $7,000 |
| Anderson Center for Interdisciplinary Studies Red Wing, MN | Support for artists in the Early Career Residency Program. | $27,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Eleanor Savage - President
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Eleanor Savage | President & CEO | 50 | $330,009 |
| Kate Barr | Chair | 3.5 | — |
| Daniel Alexander Jones | Vice Chair | 2 | — |
| Richard Scott | Secretary & Treasurer | 3.5 | — |
| Helga Davis | Director | 2 | — |
| Lori Pourier | Director | 2 | — |
| Sanjit Sethi | Director | 2 | — |
| Sarah Bellamy | Director | 1 | — |
| Thomas Lax Left Dec 2024 | Director | 1 | — |
| Salome Asega | Director | 1 | — |
| Kate Beane | Director | 1 | — |
| Janet Wong | Director | 1 | — |
Recent News & Activity
Recent developments and announcements
**2025-2028 Jerome Hill Artist Fellows:** Announced the cohort of fellows for the 2025-2028 fellowship cycle
Announcing the 2025–2028 Jerome Hill Artist Fellows | Jerome Foundation**2025 Arts Organization Grants:** Announced $5.5 million in grants to 79 arts organizations in Minnesota and New York City
Jerome Foundation Announces $5.5m in Grants to 79 Arts Organizations in Minnesota and New York City | Jerome Foundation**2024 Arts Organization Grants:** Announced $5.47 million in grants to 71 arts organizations in Minnesota and New York City
Jerome Foundation Announces $5.5m in Grants to 79 Arts Organizations in Minnesota and New York City | Jerome Foundation**2023 Film, Video, and Digital Production Grants:** Announced the 2023 Minnesota and New York City film, video, and digital production grant program
Jerome Foundation Announces $5.5m in Grants to 79 Arts Organizations in Minnesota and New York City | Jerome FoundationFrequently Asked Questions
What does Jerome Foundation Inc fund?
Jerome Foundation honors Jerome Hill's legacy through multi-year grants to support the creation, development, and presentation of new works by early career artists. The foundation supports early-career artists and culture bearers who take creative risks, pursue innovative artistic approaches, and demonstrate a clear creative purpose and vision. By prioritizing artists at this pivotal stage, the foundation seeks to nurture their creative growth and recognize the dynamic, multi-dimensional impact…
How do I apply for a grant from Jerome Foundation Inc?
**Arts Organization Grants** Multi-year grants to Minnesota and New York City-based arts organizations that offer ongoing programs, services, and/or opportunities for multiple early career generative artists. A minimum of 75% of each grant will be awarded to support programs, services, and/or opportunities for early-career generative artists; the remaining funds may be used for general operating support. **Jerome Hill Artist Fellowship** A fellowship program supporting individual early career a…
Where does Jerome Foundation Inc make grants?
Jerome Foundation primarily funds organizations and artists in: • Minnesota • New York City • California (secondary focus area)
What size grants does Jerome Foundation Inc award?
In 2025, Jerome Foundation Inc awarded 168 grants totaling $5.3M — an average of about $32K per grant, based on its IRS Form 990 filings.
What is Jerome Foundation Inc's EIN?
Jerome Foundation Inc's EIN (Employer Identification Number) is 41-6035163. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Jerome Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The McKnight Foundation
MINNEAPOLIS, MN
Assets
—
Grants
790
Total Given
$145.9M
The Ford Foundation
NEW YORK, NY
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Andrew W Mellon Foundation
NEW YORK, NY
Assets
$7.8B
Grants
848
Total Given
$555.0M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Howard Gilman Foundation Inc
NEW YORK, NY
Assets
$630.1M
Grants
392
Total Given
$27.8M
Jewish Communal Fund
NEW YORK, NY
Assets
$3.0B
Grants
4,673
Total Given
$953.3M
The Minneapolis Foundation
MINNEAPOLIS, MN
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Tides Foundation
SAN FRANCISCO, CA
Assets
$534.5M
Grants
2,110
Total Given
$382.1M
Doris Duke Charitable Foundation Inc
NEW YORK, NY
Assets
$2.2B
Grants
289
Total Given
$90.3M
Rockefeller Brothers Fund Inc
NEW YORK, NY
Assets
$1.4B
Grants
646
Total Given
$60.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated June 2026.
What could you do with Jerome Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities