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Jerome Foundation Inc

Private foundation · Grantmaker Saint Paul, MN EIN: 41-6035163 Website

Jerome Foundation Inc is a private foundation based in Saint Paul, Minnesota. Founded in 1964 by artist and philanthropist Jerome Hill, it supports the creation, development, and presentation of new work by early-career artists through grants and fellowships.

Jerome Foundation Inc at a glance

In short: Jerome Foundation Inc gave $5.5M across 157 grants in 2026 (avg $35K), mostly in Minnesota. 34% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$5,494,685
+3.3% vs 2025
Grants made (2026)
157
-6.5% vs 2025
Average grant
$34,998
+10.6% vs 2025
Median grant
$27,500
Total assets
$128,853,928
+12.3% vs 2025
New grantees (estimate)
34% first-time grantees (39 of 115, 2026)
Primary geography
Minnesota (55% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Jerome Foundation Inc

Invitation Only

The foundation accepts applications through open calls for its publicly announced programs; Jerome@Camargo is by invitation only and limited to artists who received direct foundation support in the previous five years. Applications are submitted online according to each program’s guidelines and instructions, and typically require narrative responses, budget or financial information, and an explanation of the proposal’s alignment with review criteria. Organization applicants must document 501(c)(3) status or apply through a fiscal sponsor with that status. Awards are focused on artists and arts organizations based in Minnesota and New York City, with limited additional support for specified national arts service and philanthropic organizations for activities conducted in Minnesota or New York.

Review Cycle
Deadlines vary by program. The website listed October 1, 2026, as the Step 1 deadline for Minnesota and New York City film production grants and the Minnesota filmmaker mentorship grant; that deadline has passed.
Deadline
Deadlines vary by program.
Contact

Application contact: Eleanor Savage
Mailing address: 550 Vandalia Street Suite 109, Saint Paul, MN 55114
Phone: (651) 925-5613
Email: esavage@jeromefdn.org
Website: https://jeromefdn.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Jerome Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

The MAP Fund: $375KThe MAP Fund$375KMinnesota Museum of American Art: $205K across 2 grantsMinnesota Museum of AmericanArt$205K · 2 grantsLiterary Arts Fund (fiscal sponsor National Center for Civic Innovation): $200KLiterary Arts Fund (fiscalsponsor National Center for…$200KCave Canem Foundation Inc: $150K across 2 grantsCave Canem Foundation Inc$150K · 2 grantsMinneapolis College of Art and Design: $105KMinneapolis College of Art andDesign$105KAmerican Composers Forum: $93KAmerican Composers Forum$93KPillsbury House Theatre (Pillsbury United Communities): $93KPillsbury House Theatre(Pillsbury United Communities)$93KPlaywrights Center: $93KPlaywrights Center$93KThe Loft Literary Center: $93KThe Loft Literary Center$93KQueens Museum: $92KQueens Museum$92K

The largest 2026 recipient was The MAP Fund ($375K). Together the top 10 received $1.5M.

Organizations only. It also paid 41 grants to individuals ($822,725), which are not listed by name.

Grant Size Distribution

848 grants across all recorded years

776<$50K49$50–100K19$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 776 grants of 848 (92%).

Geographic Focus

Where this funder awards grants

The foundation’s stated focus is Minnesota and New York City, including the five boroughs. In filing year 2026, 55% of grant dollars went to recipients in Minnesota and 43% to recipients in New York. The filing also reports 1% in Utah and less than 1% in Washington, DC, with another 1% in an unspecified recipient-state category.

Grant Distribution by State

11states

Share of 2026 grant dollars across all 157 itemized grants.

Cities

New YorkMinneapolisSaint PaulBrooklynBronxLong Island CityLanesboroRed WingRapid CityChicagoFlushingGranite FallsAstoriaJamaicaOaklandPark CityQueensSavageThe BronxWinona

Is Jerome Foundation Inc open to new grantees?

34%

first-time grantees, 2026

In 2026, 39 of 115 grantees (34%) were first-time recipients. First grants averaged $50K; repeat grants $47K. How we count

Medians: $25K first-time, $35K repeat.

  • 61% of 2026 grantees were also funded in 2025. Method
  • Giving held roughly steady from 2023 to 2026 (+3%). Method
  • In 2026 it paid out 117% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2026). 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

$0$2M$4M$6M164 grants2020 231 grants2021 181 grants2022 158 grants2023 184 grants2024 168 grants2025 157 grants2026

From 2020 to 2026, annual grant giving ranged from $3.6M (2020) to $5.5M (2024). In 2026 it made 157 grants totaling $5.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The MAP Fund New York, NYSupport for professional development for early career artists.$375,000
Literary Arts Fund (fiscal sponsor National Center for Civic Innovation) New York, NYSupport for literary arts organizations.$200,000
Minnesota Museum of American Art Saint Paul, MNSupport for capital stabilization.$200,000
Minneapolis College of Art and Design Minneapolis, MNSupport for early career artists in visual arts.$105,000
Cave Canem Foundation Inc Brooklyn, NYSupport for literary arts organizations.$100,000
American Composers Forum Saint Paul, MNSupport for early career artists in music.$92,500
Pillsbury House Theatre (Pillsbury United Communities) Minneapolis, MNSupport for early career artists in theater.$92,500
Playwrights Center Saint Paul, MNSupport for early career artists in theater.$92,500
The Loft Literary Center Minneapolis, MNSupport for early career artists in literature.$92,500
Queens Museum Flushing, NYSupport for early career artists in visual arts.$92,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$128,853,928$12,340,331$10,896,430$5,494,685157$6,832,205$11,651,974$5,854,641
2025$114,729,527$12,583,454$5,219,873$5,318,510168$6,827,456$12,051,848$5,593,710
2024$113,178,200$15,353,783$9,982,327$5,505,607184$6,942,878$15,021,534$5,193,873
2023$108,766,911$6,385,622$8,863,431$5,313,352158$6,654,488$6,201,576$5,161,003
2022$114,397,999$13,691,768$6,163,548$4,964,548181$6,008,150$13,519,302$6,130,970
2021$128,740,399$13,527,935$5,350,090$5,302,994231—$13,374,252$5,471,896
2020$99,916,373$4,506,806$8,720,295$3,580,340164—$4,388,247$5,075,883

Under IRS private-foundation payout rules, Jerome Foundation Inc reported a distributable amount of $5.9M for 2026 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s mission is to honor Jerome Hill’s legacy through multi-year grants supporting the creation, development, and presentation of new works by early-career artists. It says it aims to nurture artists’ creative growth and recognizes their role in fostering thriving, evolving communities.

Its opportunities include fellowships for individual artists; grants for arts organizations offering programs, services, and activities benefiting early-career artists; film production and filmmaker mentorship grants; artist residencies by invitation; and support for convenings, research, and field-building that benefit early-career artists. Artistic fields represented in its programs include visual arts, literature, music, theater, dance, and film.

Grantees’ stated missions illustrate the kinds of organizations supported. The MAP Fund says it supports innovation and cross-cultural exploration in new live performance. Cave Canem Foundation says it cultivates the artistic and professional growth of African American poets and promotes appreciation of African American poetry. American Composers Forum says it advocates for and supports living composers. Minnesota Museum of American Art says it inspires understandings of identities, experiences, and complex truths through American art.

Grantmaking

In filing year 2026, the foundation reported 157 grants totaling $5,494,685. Grants ranged from $5,000 to $375,000, with a median of $27,500.

Among the largest reported grants were $375,000 to The MAP Fund for professional development for early-career artists; $200,000 to Literary Arts Fund, with National Center for Civic Innovation as fiscal sponsor, to support literary arts organizations; and $200,000 to Minnesota Museum of American Art for capital stabilization. Other awards included $105,000 to Minneapolis College of Art and Design for early-career visual artists, $100,000 to Cave Canem Foundation for literary arts organizations, and $92,500 each to American Composers Forum, Pillsbury House Theatre, Playwrights Center, and The Loft Literary Center for support of early-career artists in their respective fields.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2026 filing lists Eleanor Savage as President & CEO; Lori Pourier and Sanjit Sethi as Co-Chairs; Daniel Alexander Jones as Vice Chair; Kate Barr as Secretary; and Rick Scott as Treasurer. Directors listed are Salome Asega, Dr Kate Beane, Sarah Bellamy, and Helga Davis.

Jerome Foundation Inc is led by Eleanor Savage, President & CEO on every filing since 2024; 1 of 11 officers listed in 2026 is compensated.

Officers on the 2026 filing

  • Eleanor Savage

    President & CEO

    On filings since 2024

    50 hrs/week

    $308K (2024) → $337K (2026)

  • Sarah Bellamy

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Helga Davis

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Janet Wong

    Director

    On filings since 2025

    1 hr/week

    No compensation reported

  • Kate Beane

    Director

    On filings since 2025

    1 hr/week

    No compensation reported

  • Salome Asega

    Director

    On filings since 2025

    1 hr/week

    No compensation reported

  • Daniel Alexander Jones

    Vice Chair

    Director → Secretary, 2022

    Secretary → Vice Chair, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kate Barr

    Secretary

    Director → Chair, 2022

    Chair → Secretary, 2026

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Lori Pourier

    Co-Chair

    Director → Co-Chair, 2026

    On filings since 2020

    3.5 hrs/week

    No compensation reported

  • Rick Scott

    Treasurer

    Director → Treasurer, 2022

    On filings since 2020

    3.5 hrs/week

    No compensation reported

  • Sanjit Sethi

    Co-Chair

    Director → Co-Chair, 2026

    On filings since 2021

    3.5 hrs/week

    No compensation reported

Former officers (9)
  • Former: Richard Scott (2023–2025) — Secretary & Treasurer
  • Former: Thomas Lax Left Dec (2025) — Director
  • Former: Thomas Lax (2021–2024) — Director · Filing note: From jun 7
  • Former: Ben Cameron (2020–2023) — President
  • Former: Linda Earle Left June (2023) — Director
  • Former: Elizabeth Streb (2020–2022) — Director · Filing note: Until June 6
  • Former: Linda Earle (2020–2022) — Vice Chair
  • Former: Mark Tribe (2020–2021) — Director · Filing note: Until jun 7
  • Former: Ryan Lee Wong (2020–2021) — Director · Filing note: Until jun 7

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Eleanor Savage — President & CEO: $337KEleanor SavagePresident & CEO$337K

The highest reported compensation on the 2026 filing was $337K, to Eleanor Savage (President & CEO).

Frequently asked questions about Jerome Foundation Inc

How much does Jerome Foundation Inc give each year?

Jerome Foundation Inc gave $5.5M across 157 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $5.3M across 168 grants.

What is Jerome Foundation Inc's typical grant size?

Jerome Foundation Inc's median grant in 2026 was $27,500, and its average grant was $34,998, across 157 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from Jerome Foundation Inc that year got $50K on average.

Where does Jerome Foundation Inc give grants?

Jerome Foundation Inc gives mostly in Minnesota: 55% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was New York (43%). The most frequent recipient cities were Saint Paul, MN (38 grants), New York, NY (28 grants), Minneapolis, MN (22 grants) and Brooklyn, NY (11 grants).

Does Jerome Foundation Inc give general operating support?

Not in 2026: none of the 157 grants with a stated purpose on Jerome Foundation Inc's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support for early career artists in visual arts." (14 grants), "Support for early career artists in dance." (12 grants) and "Support for early career artists in film." (11 grants).

Who are Jerome Foundation Inc's largest grantees?

Jerome Foundation Inc's largest 2026 grantees include The MAP Fund ($375,000), Minnesota Museum of American Art ($205,000 across 2 grants) and Literary Arts Fund (fiscal sponsor National Center for Civic Innovation) ($200,000), according to its 2026 IRS Form 990-PF. It also paid 41 grants to individuals ($822,725), which are not listed by name. Together they received 14% of its itemized 2026 grant dollars.

How large is Jerome Foundation Inc?

Jerome Foundation Inc reported $128.9M in total assets on its 2026 IRS Form 990-PF. It paid out $6.8M in qualifying distributions that year, against a required minimum of $5.9M (roughly 5% of its investment assets).

What does Jerome Foundation Inc fund?

The foundation’s mission is to honor Jerome Hill’s legacy through multi-year grants supporting the creation, development, and presentation of new works by early-career artists. It says it aims to nurture artists’ creative growth and recognizes their role in fostering thriving, evolving communities. See mission & focus areas ↑

How do I apply for a grant from Jerome Foundation Inc?

The foundation accepts applications through open calls for its publicly announced programs; Jerome@Camargo is by invitation only and limited to artists who received direct foundation support in the previous five years. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2020–2026.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 21, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 19, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 12, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 6, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 9, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS August 13, 2025)
  7. Added Form 990-PF for fiscal year 2026 (received by the IRS August 19, 2026)
  8. IRS filings on file for fiscal years 2020–2025

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Cite this profile

Grantable. (2026). Jerome Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/jerome-foundation-inc-morg_c5263199230c4eccb0d44d1b62dbd7c5

BibTeX
@misc{grantable_416035163_2026,
  author       = {{Grantable}},
  title        = {{Jerome Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/jerome-foundation-inc-morg_c5263199230c4eccb0d44d1b62dbd7c5},
  note         = {Accessed 2026-10-10. 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 Jerome Foundation Inc'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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